89 Central St North Reading — Photo 1 of 29
Recent Drop: $139,100
$1,349,900
Investment Analysis — 89 Central St
North Reading, MA 01864
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01864 carries an estimated $3,800/mo in gross rent — about a 2.05% cap rate and $27,674/yr in estimated NOI at the $1,349,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
3.5
SqFt
3,300
Style
Single Family
Built
2026
Welcome home to this fabulous new colonial constructed by an accomplished builder. Top notch upgrades with flexible floor plan. Two story foyer, with lots of natural light, formal living room along with formal dining room for entertaining in style. Main level boasts large kitchen with high end appliances, upgraded cabinets and counters. Opens to the family room with gas fireplace and custom built ins. Access to a deck overlooking a private back yard. Second level has 3 bedrooms plus an additional room for office/nursery with attic access which could be finished for extra space. Main bedroom has a bathroom suite with upgraded cabinets and separate tiled shower and whirlpool tub. Main bedroom opens up to a dream closet with a center island! Second floor laundry room is a bonus to this home. Lower level has ceramic tile flooring, bathroom, suited for both a playroom and game room. Located on a corner lot with beautiful stone walls, next to a wonderful neighborhood. 10 minute drive to Andover private schools.
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 3,300 sq ft principal dwelling). Lot size: 23,522 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
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Building & Exterior
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Amenities & Appliances
Water Heater • Range • Oven • Dishwasher • Microwave • Refrigerator • Range Hood
Neighborhood
Shopping • Park • Walk/Jog Trails • Conservation Area • Highway Access • House of Worship
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,FirstCoffered Ceiling(s), Flooring - Hardwood, Wainscoting, Lighting - Overhead, Crown Molding, Decorative Molding
Dining Room
Lvl Main,FirstCoffered Ceiling(s), Flooring - Hardwood, Lighting - Overhead
Kitchen
Lvl Main,FirstBathroom - Half, Flooring - Hardwood, Balcony / Deck, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Kitchen Island, Cabinets - Upgraded, Deck - Exterior, Exterior Access, Open Floorplan, Recessed Lighting, Slider, Gas Stove, Lighting - Pendant, Lighting - Overhead, Decorative Molding
Office
Lvl SecondFlooring - Hardwood, Attic Access, Lighting - Overhead
Family Room
Lvl Main,FirstCloset/Cabinets - Custom Built, Flooring - Hardwood, Balcony / Deck, Deck - Exterior, Exterior Access, Open Floorplan, Recessed Lighting, Slider, Decorative Molding
Primary Bedroom
Lvl SecondBathroom - Full, Bathroom - Double Vanity/Sink, Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Dressing Room, Lighting - Overhead
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCloset, Flooring - Hardwood, Lighting - Overhead
Bathroom 1
Lvl Main,FirstBathroom - Half, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Cabinets - Upgraded, Recessed Lighting
Bathroom 2
Lvl BasementBathroom - 3/4, Bathroom - Tiled With Shower Stall, Closet - Linen, Flooring - Hardwood, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Cabinets - Upgraded, Recessed Lighting
Bathroom 3
Lvl SecondBathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Bathroom - With Tub & Shower, Closet - Linen, Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Hot Tub / Spa, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Jacuzzi / Whirlpool Soaking Tub, Cabinets - Upgraded, Lighting - Overhead
Property History
$1,349,900
Was $1,489,000
Aug 11, 2026
MLS® 73548325
$1,489,000
Jul 11, 2026
MLS® 73548325
$200,000
May 8, 2025
MLS® 73372073
$200,000
May 8, 2025
MLS® 73372073
Listing Agent: Christine Natale
Listing Office: Christine E. Natale, Broker
MLS® Number: 73548325