$1,425,000
●
Condo -
Off Market
341 Marrett Road #3
Lexington, MA 02421
3 Beds
4 Baths
2,760 Ft²
$1,503,954
RealtyHop Estimate
13.68%
Since Sep 1, 2021
MA-Boston
Primary Model
About This Property
Incredible opportunity to move right in to this sunny 2011-built
3-bedroom,3.5-bath Wachusett Ridge townhouse with 2,760 sq. ft. of
living area over three floors plus an attached 2-car garage. Close
to the best Lexington has to offer, this thoughtfully designed home
has first-floor open floor plan with 42" kitchen cabinetry, GE
Profile stainless steel appliances, granite counters with two
peninsulas, dining area, living area with gas fireplace and half
bath. Large sliding door connects to a spacious patio and large
level fenced-in back yard. Second floor has primary bedroom with
cathedral ceiling, two walk-in closets and gorgeous bathroom with
jet tub and shower. Two generous additional bedrooms -- each with
walk-in closet -- are on the second floor along with full bath and
W/D area. Bright and spacious lower level has additional full bath,
family room or gym and office area. The small private enclave is
tucked away and within short walking distance to Bridge, Clarke,
LHS, Pond, Center
Unit Size
2,760 Ft²
Days on Market
-
Land Size
-
Price per sqft
$479
Property Type
Condo
Property Taxes
$1,387
HOA Dues
$503
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 5 years ago (MLSPIN #72861181)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 19, 2021 | Sold | ||
| Sold | |||
| Jul 7, 2021 | Listed by Keller Williams Boston Metrowest | $1,323,000 | |
| Listed by Keller Williams Boston Metrowest | |||
| Mar 10, 2011 | Sold | ||
| Sold | |||
| Dec 4, 2010 | Listed by William Raveis R.E. & Home Services | $789,000 | |
| Listed by William Raveis R.E. & Home Services | |||
| | |||
|
A Wonderful New Home in a Super Location. Bright & Sunny living spaces on 3 finished levels with a large, exclusive-use, private yard that you can enjoy to your heart's content without having to mow the lawn. The kitchen features 42" Cherry Cabinets and GE Profile Series Appliances. Every bedroom has hardwood floors, walk-in closets and 2 bedrooms have vaulted or cathedral ceilings. Close to Bridge School, this thoughtfully-designed new home might just be the most exciting value around.
| |||
Property Highlights
Air Conditioning
Garage
Parking Available
Fireplace
Interior Details
Level: Main
Width: 10
Length: 13
Features: Flooring - Hardwood, Dining Area, Pantry, Countertops - Stone/Granite/Solid, Exterior Access, Open Floorplan, Stainless Steel Appliances, Gas Stove, Peninsula
Area: 130
Level: Second
Area: 80
Width: 8
Features: Bathroom - Full, Bathroom - Tiled With Shower Stall, Bathroom - Tiled With Tub, Ceiling Fan(s), Flooring - Stone/Ceramic Tile, Lighting - Overhead
Length: 10
Area: 24
Features: Bathroom - Half, Ceiling Fan(s)
Length: 6
Level: Main
Width: 4
Level: Second
Features: Cathedral Ceiling(s), Walk-In Closet(s), Flooring - Hardwood, Lighting - Overhead
Width: 13
Length: 14
Area: 182
Width: 13
Features: Flooring - Hardwood, Window(s) - Picture, Balcony / Deck, Chair Rail, Deck - Exterior, Exterior Access, Open Floorplan, Recessed Lighting, Slider, Lighting - Overhead, Beadboard
Length: 14
Level: Main
Area: 182
Features: Walk-In Closet(s), Flooring - Hardwood, Lighting - Overhead
Width: 12
Length: 13
Area: 156
Level: Second
Length: 21
Level: Main
Area: 273
Features: Bathroom - Half, Closet, Flooring - Hardwood, Balcony / Deck, Balcony - Exterior, Exterior Access, Open Floorplan, Recessed Lighting, Slider, Beadboard, Crown Molding
Width: 13
Length: 20
Level: Basement
Features: Bathroom - Full, Closet, Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet, Cable Hookup, Exterior Access, Open Floorplan, Recessed Lighting
Width: 18
Area: 360
Width: 5
Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Lighting - Overhead
Level: Second
Area: 50
Length: 10
Features: Bathroom - Full, Cathedral Ceiling(s), Ceiling Fan(s), Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Hot Tub / Spa, Recessed Lighting, Lighting - Overhead
Level: Second
Length: 20
Width: 17
Area: 340
Length: 10
Level: Basement
Area: 80
Features: Bathroom - Full, Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box, Exterior Access
Width: 8
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Bathroom - Full, Bathroom - With Tub & Shower, Home Office, Bathroom
Appliances: Range, Dishwasher, Microwave, Refrigerator, Gas Water Heater, Plumbed For Ice Maker, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Electric Dryer
Flooring Type: Wood, Tile, Carpet, Hardwood, Flooring - Wall to Wall Carpet, Flooring - Stone/Ceramic Tile
Laundry Features: Flooring - Stone/Ceramic Tile, Electric Dryer Hookup, Washer Hookup, Second Floor, In Unit
Rooms: 8
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Off Street, Guest, Paved
Garage Spaces: 2
Exterior Details
Has Property Attached
Entry Level: 1
Security Features: Security System
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Wachusett Ridge Condominium
Structure Type: Townhouse, Half-Duplex
Stories (Total): 3
Building Area Units: Square Feet
Window Features: Window(s) - Bay/Bow/Box, Insulated Windows, Storm Window(s)
Construction Materials: Frame
Patio and Porch Features: Deck - Wood, Patio
Lead Paint: None
Lot Size Units: Acres
Zoning: Residentia
Parcel Number: 4826362
Water Source: Public
Financial Details
Tax Assessed Value: $1,157,000
Tax Annual Amount: $16,649
Utilities Details
Utilities: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup, Icemaker Connection
Cooling Type: Central Air, Individual, Unit Control
Heating Type: Central, Forced Air, Natural Gas, Individual, Unit Control
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Grounds, Snow Removal, Reserve Funds
Association Fee Frequency: Monthly
HOA Fee: $503
Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, Other
Pets Allowed: Yes
Complex is Completed
Management: Owner Association
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/21/2022
|
3 Bed
|
4 Bath
|
2714 ft²
|
$1,199,000
3 Bed
4 Bath
2714 ft²
|
$1,199,000
08/29/2022
|
Wilson Group
Keller Williams Realty
| |
|
08/04/2021
|
3 Bed
|
3 Bath
|
2104 ft²
|
$1,199,000
3 Bed
3 Bath
2104 ft²
|
$1,150,000
-4.09%
11/03/2021
|
Samita Mandelia
Coldwell Banker Realty - Lexington
| |
|
07/07/2021
|
3 Bed
|
4 Bath
|
2760 ft²
|
$1,323,000
3 Bed
4 Bath
2760 ft²
|
$1,425,000
+7.71%
08/19/2021
|
Miyana Bovan
Keller Williams Boston Metrowest
| |
|
04/07/2016
|
3 Bed
|
3 Bath
|
2120 ft²
|
$899,000
3 Bed
3 Bath
2120 ft²
|
$950,000
+5.67%
06/21/2016
|
Mary Lou McDonough
Barrett Sotheby's International Realty
| |
|
02/06/2014
|
3 Bed
|
3 Bath
|
2714 ft²
|
$879,000
3 Bed
3 Bath
2714 ft²
|
$931,000
+5.92%
03/21/2014
|
The Martin Duff Team
Diamond Key Real Estate
| |
|
04/16/2011
|
4 Bed
|
5 Bath
|
5100 ft²
|
$1,199,000
4 Bed
5 Bath
5100 ft²
|
$1,050,000
-12.43%
08/19/2011
|
Doug Rae
Compass
| |
|
01/08/2011
|
3 Bed
|
3 Bath
|
2700 ft²
|
$789,000
3 Bed
3 Bath
2700 ft²
|
$770,000
-2.41%
03/15/2011
|
Doug Rae
Compass
| |
|
12/04/2010
|
3 Bed
|
4 Bath
|
2700 ft²
|
$789,000
3 Bed
4 Bath
2700 ft²
|
$764,000
-3.17%
03/10/2011
|
Doug Rae
William Raveis R.E. & Home Services
| |
|
11/09/2010
|
3 Bed
|
3 Bath
|
2104 ft²
|
$679,000
3 Bed
3 Bath
2104 ft²
|
$680,000
+0.15%
01/31/2011
|
Doug Rae
Compass
| |
|
11/06/2010
|
3 Bed
|
4 Bath
|
2700 ft²
|
$799,000
3 Bed
4 Bath
2700 ft²
|
$789,900
-1.14%
04/29/2011
|
Doug Rae
Compass
| |
|
10/29/2010
|
3 Bed
|
2 Bath
|
2104 ft²
|
$679,000
3 Bed
2 Bath
2104 ft²
|
$679,000
01/27/2011
|
Doug Rae
Hammond Residential
| |
|
10/29/2010
|
3 Bed
|
3 Bath
|
2548 ft²
|
$879,000
3 Bed
3 Bath
2548 ft²
|
$840,000
-4.44%
04/14/2011
|
Doug Rae
Hammond Residential
| |
|
10/28/2010
|
3 Bed
|
3 Bath
|
2700 ft²
|
$789,000
3 Bed
3 Bath
2700 ft²
|
$789,000
01/26/2011
|
Doug Rae
Compass
| |
|
09/25/2007
| |
4 Bed
|
3 Bath
|
3273 ft²
|
$1,399,000
4 Bed
3 Bath
3273 ft²
|
$1,325,000
-5.29%
07/30/2008
|
C. J. Snow
Hammond Residential
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017