Apartment at 150 King Rail Drive # 202, Lynnfield MA 01940
Apartment at 150 King Rail Drive # 202, Lynnfield MA 01940, photo 2 of 8
Apartment at 150 King Rail Drive # 202, Lynnfield MA 01940, photo 3 of 8
Apartment at 150 King Rail Drive # 202, Lynnfield MA 01940, photo 4 of 8
Apartment at 150 King Rail Drive # 202, Lynnfield MA 01940, photo 5 of 8
Apartment at 150 King Rail Drive # 202, Lynnfield MA 01940, photo 6 of 8
Apartment at 150 King Rail Drive # 202, Lynnfield MA 01940, photo 7 of 8
Apartment at 150 King Rail Drive # 202, Lynnfield MA 01940, photo 8 of 8
8 photos

$2,782

150 King Rail Drive # 202, Lynnfield MA 01940
Lynnfield, MA 01940
Listed by Marko Zaric
Bedrooms
2
Bathrooms
1
Living area
1,228 sqft
Year built
N/A

About this home

2-Bedroom income-restricted apartment offered at $2,782 per month on a 12-month lease; minimum household income $83,460 at 80% AMI. 1 unit(s) currently available. Income-restricted apartment home at MarketStreet Apartments, a mixed-income 40B community in Lynnfield that blends serene natural surroundings with premier open-air shopping. Luxury residences spread across three stylish buildings deliver an elite, resort-style living experience with a top-tier online reputation. Community amenities include a state-of-the-art fitness center; a luxurious clubhouse with cyber cafe and entertainment game lounge; a Starbucks coffee bar; a business center with conference and dining rooms; a heated outdoor pool with sun deck, lounge seating and grilling stations; cozy courtyard fire pits; community walking trails; and community-sponsored social events. Building features include an elevator, 24-hour maintenance, mail and package concierge, and 24/7 package lockers. Surface parking is included; underground garage parking, EV charging (ChargePoint) and on-site storage lockers are available for additional fees. Electric range and electric washer and dryer included; trash and recycling removal included in the rent. Pet friendly - cats and dogs under 65 lbs, two pet maximum; breed restrictions and monthly pet fees apply. First month's rent, last month's rent and a security deposit are due at lease signing. Eligibility and income restrictions apply: 45 income-restricted apartments at a maximum of 80% AMI based on HUD limits, with no asset limit under 40B. Minimum income limits apply unless the household receives mobile housing assistance. This is not a lottery - applications are processed on a first come, first served basis as apartments become available, and are added to a waiting list when there is no current availability. Free language assistance is available for those whose primary language is not English or who have limited English proficiency, and reasonable accommodations for persons with disabilities are available upon request.

Property details

MLS
MLS Property Information Network
MLS #
73568530
Property type
Apartment
Subdivision
N/A
Status
Active
Days on market
63
On market date
August 26, 2026
Stories
N/A
Total bathrooms
1
Garage spaces
N/A
Parking spaces
1
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Huckleberry Hill
0.74 mi away · Grades 0-4
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
439
Student:teacher ratio
13.7:1
District
Lynnfield
Middle
Lynnfield Middle School
1.53 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
693
Student:teacher ratio
15.1:1
District
Lynnfield
High
Lynnfield High
1.44 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
564
Student:teacher ratio
12.0:1
District
Lynnfield

Walkability

Blended score for Lynnfield's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

64
Walkable
out of 100
EPA National Walkability Index
9.2 / 20 -- Below average walkable
Google Places amenity density
90 / 100
Restaurants & cafes20
Grocery stores5
Parks5
Schools8
Transit stops0
Pharmacies3

Market position

How this listing compares to current activity in Lynnfield, from live MLS data.

On the market 63 days -- 36 fewer days than Lynnfield's current average of 99 days.
For reference, the median list price across 74 active listings in Lynnfield right now is $1,105,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$167/mo
$556 down
$2,226 loan
Principal & interest$14
Property tax (est.)$2
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated August 30, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.