39
Map
89 Gray Street
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 18, 2025 | Sold | ||
| Sold | |||
| Jun 30, 2025 | In contract | - | |
| In contract | |||
| Jun 24, 2025 | Listed | $945,000 | |
| Listed | |||
| May 19, 2025 | In contract | - | |
| In contract | |||
| May 15, 2025 | Listed | $899,000 | |
| Listed | |||
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Welcome to 89 Gray Street in desirable North Andover! This beautifully maintained home blends classic charm with thoughtful updates, offering generous living space both inside and out. Featuring 4 bedrooms and 2.5 bathrooms, the home boasts a flexible layout ideal for today’s lifestyle. Enjoy a bright and airy kitchen with granite countertops, newer appliances, and custom cabinetry, a cozy living room with hardwood floors, and a spacious backyard perfect for entertaining or relaxing. Located on a quiet, tree-lined street just minutes from local schools, shopping, and commuter routes, this home offers the perfect balance of comfort and convenience, making it an ideal location for a variety of lifestyles. Don’t miss your opportunity to make this North Andover gem your own!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017