261 Marrett Rd
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 |
|---|---|---|---|
| Jun 14, 2013 | Sold | ||
| Sold | |||
| Mar 21, 2013 | Listed by Coldwell Banker Residential Brokerage - Lexington | $699,000 | |
| Listed by Coldwell Banker Residential Brokerage - Lexington | |||
| Jan 21, 2011 | Sold | ||
| Sold | |||
| Oct 15, 2010 | Listed by Raminder Bhatia | $540,000 | |
| Listed by Raminder Bhatia | |||
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Lovingly maintained 4 BR, 2.5 BA classic 1920’s Colonial boasts period charm and character. Featuring high ceilings, HW floors, FP living room, EIK, dining area. Recent improvements; several kitchen appl, roof, etc. Airy 1st floor FR and BR/Office with separate entrance and adjacent powder room. Master BR suite with master bath, 2 more BRs, one with loft and skylight and family bath with whirlpool tub. Lovely views of the level lush backyard from the spacious FR and oversized deck. Welcome Home!
| |||
| Jul 9, 2010 | Listed by Coldwell Banker Residential Brokerage - Lexington | $569,900 | |
| Listed by Coldwell Banker Residential Brokerage - Lexington | |||
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