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Lexington 02421 Idylwide
476 Marrett Rd
$655,000
● House - Off Market

476 Marrett Rd

Lexington, MA 02421
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,800 Ft²
$999,127
RealtyHop Estimate
48.02%
Since Oct 1, 2018
MA-Boston
Primary Model

About This Property

Builders / Flippers / Handymen take note. This property is located directly across from The Old Res and Bridge Elementary School. Easy access to major routes, conservation and Town Amenities. Lush nearly 1/2 Acre with tremendous privacy in the rear of the lot. One Group Showing Sunday August 12th from 12-2:00. Seller and Seller's Agent make no warranties or representations. Buyer and Buyer's Agent to do due diligence.
Unit Size
1,800 Ft²
Days on Market
-
Land Size
0.44 acres
Price per sqft
$375
Property Type
House
Property Taxes
$676
HOA Dues
-
Year Built
1966

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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: 4 months ago (MLSPIN #72377085)

Price History

Date / Event Date Event Price
Sep 10, 2018 Sold
Premium
Sold
Aug 10, 2018 Listed by Coldwell Banker Residential Brokerage - Lexington $675,000
Listed by Coldwell Banker Residential Brokerage - Lexington
Aug 31, 2000 Sold
Premium
Sold
Jun 27, 2000 Listed by Coldwell Banker Residential Brokerage - Lexington $379,900
Listed by Coldwell Banker Residential Brokerage - Lexington

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 860
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,985
  • Total Building Area: 1,100
  • Gross Building Area: 2,200
  • Building Area: 1,100
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 1,100
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000436
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lexington School District
  • Census Tract: 358300

Zoning

  • Zoning: RS

Geography

  • Parcel: LEXI M:0033 L:00092C
  • Lot: 92C
  • Municipality: LEXINGTON
  • Latitude: 42.4346
  • Longitude: -71.2457

    Address

  • Full Address: 476 Marrett Rd
  • Address - House Number: 476
  • Address - Street Name: Marrett
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lexington
  • Carrier Code: C045
  • 4-Digit Zip Code: 7731
  • Zip Code: 02421

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,012,700

    Appraisal Valuation

  • Standard Deviation: 0.1757
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,050,263
  • High Value: 1,234,795
  • Low Value: 865,730

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $779,000
  • Assessed Land Value: $541,000
  • Assessed Improvements Value: $238,000

    Sales

  • Current Sale Recording Date: Sep 10, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1796944
  • Previous Sale Recording Date: Aug 31, 2000
  • Previous Sale Amount: $379,900
  • Previous Sale Document Type: 48

    Financing

  • First Mortgage Financing Type: UNK
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Idylwide

Stats & Trends

Median Asking:

$1,849,500

Sale Price/ft²

$552

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2931 ft²

Average Home Age

61.5 years

Currently For Sale

4 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72377085

Frequently Asked Questions

When was property at 476 Marrett Road built and last sold?
The property at 476 Marrett Road was built in 1966 and last sold on Jan 1, 1970 for $655,000.
How much is this home worth?
The estimated value of the home located at 476 Marrett Road is $689,581.
What are some comparable homes to 476 Marrett Road?
There are currently no comparable homes to 476 Marrett Road.
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