$1,150,000
●
Condo -
Off Market
341 Marrett Road #8
Lexington, MA 02421
3 Beds
3 Baths
2,104 Ft²
$1,352,572
RealtyHop Estimate
12.81%
Since Dec 1, 2021
MA-Boston
Primary Model
About This Property
Fantastic opportunity to move right into this beautiful 2011 built
3-bedroom 2.5 bath Wachusett Ridge townhome with 2104 sqft of
living space. Tucked in a small quiet enclave right off Marrett
Rd., this lovely home features open first floor plan with 42"
Armstrong cherry cabinets, stainless steel appliances, granite
countertop with granite back splash, spacious family room with
recessed lighting and wainscot, fireplaced living room with large
sliding door leading to the patio and the beautiful level back
yard. Second floor has luxurious master suite with Jacuzzi tub, two
additional spacious bedrooms with skylights, and another hallway
bath. A bright lower level playroom offers space for entertainment.
Natural gas for heating and cooking, in unit laundry, attached 2
car garage, and central AC. Plenty of visitor parking around.
Prime location within short walking distance to Bridge, Clarke,
LHS, center, and easy access to route 2 and 128. Open house 8/29 12
to 2 pm
Unit Size
2,104 Ft²
Days on Market
-
Land Size
-
Price per sqft
$570
Property Type
Condo
Property Taxes
$1,215
HOA Dues
$382
Year Built
-
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Cap Rate Calculator
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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 #72876459)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 3, 2021 | Sold | ||
| Sold | |||
| Aug 4, 2021 | Listed by Coldwell Banker Realty - Lexington | $1,199,000 | |
| Listed by Coldwell Banker Realty - Lexington | |||
| Jan 31, 2011 | Sold | ||
| Sold | |||
| Nov 9, 2010 | Listed by Phoenix Real Estate | $679,000 | |
| Listed by Phoenix Real Estate | |||
| | |||
|
A Brand New Townhouse in a wonderful new neighborhood that might just be one of the best new construction values around...Hardwood floors on the 1st & 2nd levels, your choice of 42" Cherry or Maple kitchen cabinets...an exercise room or home office on the lower level, and a large, exclusive-use yard that will give you the feel of a single family home (but you won't have to mow the lawn)....Make your selections, choose your paint colors, and Welcome Home to Wachusett Ridge.
| |||
Property Highlights
Air Conditioning
Parking Available
Fireplace
Interior Details
Level: First
Width: 9
Length: 12
Features: Flooring - Hardwood, Countertops - Stone/Granite/Solid, Recessed Lighting, Stainless Steel Appliances
Area: 108
Level: Second
Area: 48
Width: 6
Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Jacuzzi / Whirlpool Soaking Tub
Length: 8
Level: Second
Features: Skylight, Closet, Flooring - Hardwood
Width: 11
Length: 13
Area: 143
Width: 10
Features: Flooring - Hardwood, Recessed Lighting
Length: 11
Level: First
Area: 110
Features: Skylight, Closet, Flooring - Hardwood
Width: 11
Length: 13
Area: 143
Level: Second
Features: Bathroom - Half, Flooring - Stone/Ceramic Tile
Level: First
Length: 18
Level: First
Area: 198
Features: Flooring - Hardwood, Window(s) - Bay/Bow/Box
Width: 11
Length: 22
Level: First
Features: Flooring - Hardwood, Recessed Lighting
Width: 13
Area: 286
Width: 6
Features: Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Level: Second
Area: 48
Length: 8
Features: Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood
Level: Second
Length: 18
Width: 13
Area: 234
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Play Room, Mud Room
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Electric Dryer
Flooring Type: Tile, Hardwood, Flooring - Wood
Laundry Features: Flooring - Stone/Ceramic Tile, Second Floor, In Unit, Washer Hookup
Rooms: 8
Has Fireplace
Fireplace Features: Dining Room
Fireplaces: 1
Basement: Y
Parking Details
Has Garage
Attached Garage
Parking Features: Under, Garage Door Opener, Off Street, Paved
Garage Spaces: 2
Exterior Details
Entry Level: 1
Year Built Source: Owner
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Wachusett Ridge
Structure Type: Townhouse
Stories (Total): 3
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Porch, Patio
Lead Paint: None
Lot Size Units: Acres
Zoning: RES
Parcel Number: 4826367
Water Source: Public
Financial Details
Tax Assessed Value: $1,013,000
Tax Annual Amount: $14,577
Utilities Details
Utilities: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
Association Fee Frequency: Monthly
HOA Fee: $382
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Conservation Area, Highway Access, Public School
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 Optimium Team
eXp Realty LLC - Corporate Office
| |
|
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