9 Gray Cir #2
About This Property
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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%.
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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.
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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 |
|---|---|---|---|
| Sep 25, 2026 | Sold | ||
| Sold | |||
| Aug 4, 2026 | In contract | - | |
| In contract | |||
| Jul 29, 2026 | Listed by Coldwell Banker Realty - Newton | $399,000 | |
| Listed by Coldwell Banker Realty - Newton | |||
| |||
|
This elegant and oversized one-bedroom condo—currently configured and used as a two-bedroom—is nestled within a stunning Victorian home in Lynn's coveted Historic Diamond District. It is just around the corner from the beaches along Lynn Shore Drive and surrounded by an active neighborhood of cafés, restaurants, and Red Rock Park. This home offers a lifestyle that feels like a year-round vacation. Located in a private cul-de-sac where only residents can park, this beautifully designed residence offers nearly 900 square feet of thoughtfully appointed living space. The refreshed kitchen features stainless steel appliances, soapstone countertops, an updated bath, and interior paint in 2022 all add timeless style. Hardwood floors, soaring ceilings, and exquisite period details showcase the home's historic charm while blending seamlessly with modern updates. The floor plan includes generous living room with decorative fireplace and dining room (if used as a one-bedroom or without a dining room as a two-bedroom), along with a cozy study alcove that opens to an expansive private deck with glimpses of the ocean—an ideal setting for entertaining, relaxing, or enjoying your morning coffee with a book. Additional highlights include two deeded parking spaces, and a new water heater installed in 2026, a private washer and dryer space in the basement plus a small washer in the condo, dedicated basement storage, and custom closets throughout. Commuters will appreciate the convenient access to the Swampscott and Lynn commuter rail stations to downtown Boston. This pet-friendly, self-managed association offers low HOA fees and valuable recent improvements, including a new roof in 2020, whole house insulation and storm doors in 2023, water filtration system, chimney repointing, and a new fence in 2025. Combining historic elegance, modern comfort, and an unbeatable seaside location, this exceptional home is a rare opportunity in one of Lynn's most desirable neighborhoods.
| |||
| Jan 12, 2022 | Sold | ||
| Sold | |||
| Dec 1, 2021 | Listed by Keller Williams Realty Boston-Metro | Back Bay | $319,000 | |
| Listed by Keller Williams Realty Boston-Metro | Back Bay | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/01/2021
|
1 Bed
|
1 Bath
|
898 ft²
|
$319,000
1 Bed
1 Bath
898 ft²
|
$345,000
+8.15%
01/12/2022
|
Christina Dinardi
Keller Williams Realty Boston-Metro | Back Bay
| |
|
07/06/2021
|
2 Bed
|
1 Bath
|
1074 ft²
|
$349,000
2 Bed
1 Bath
1074 ft²
|
$359,100
+2.89%
09/17/2021
|
Sylvia Belkin
Conway - Swampscott
| |
|
12/06/2017
|
1 Bed
|
1 Bath
|
898 ft²
|
$249,900
1 Bed
1 Bath
898 ft²
|
$242,000
-3.16%
02/27/2018
|
Sheila Goddess
Coldwell Banker Realty - Newton
| |
|
06/20/2005
|
2 Bed
|
1 Bath
|
1074 ft²
|
$219,900
2 Bed
1 Bath
1074 ft²
|
$210,000
-4.50%
10/31/2005
|
Carri Goldstein
Pro Real Estate
| |
|
06/20/2005
|
1 Bed
|
1 Bath
|
903 ft²
|
$185,000
1 Bed
1 Bath
903 ft²
|
$188,000
+1.62%
11/02/2005
|
Kim Franklin
| |
|
06/20/2005
|
1 Bed
|
1 Bath
|
898 ft²
|
$209,900
1 Bed
1 Bath
898 ft²
|
$200,000
-4.72%
11/02/2005
|
Kim Franklin
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017