594 Marrett Rd #67
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 |
|---|---|---|---|
| May 5, 2026 | Sold | ||
| Sold | |||
| Apr 9, 2026 | In contract | - | |
| In contract | |||
| Apr 7, 2026 | Listed by MA Properties | $125,000 | |
| Listed by MA Properties | |||
| Jul 14, 2022 | Sold | ||
| Sold | |||
| Jun 9, 2022 | Listed by MA Properties | $125,000 | |
| Listed by MA Properties | |||
| | |||
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What a rare opportunity to purchase office space in a desirable building located close to Routes 2 and 95 for easy commuting. Two first floor units are available and both offer light-filled and welcoming spaces to use as desired. The versatile layout offers a larger common room for meetings with smaller rooms to work privately or to use as a waiting area. The units are immaculate and ready for use or add your ideas and bring your dreams to life. The building offers ample parking with large lots in both the front and rear. Take advantage of an established and well-maintained office building close to Lexington center and public transportation.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/07/2026
|
Loft
|
4 Bath
|
569 ft²
|
$125,000
Loft
4 Bath
569 ft²
|
$125,000
05/05/2026
|
Corinne Boin
MA Properties
| |
|
01/28/2024
|
Loft
|
-
|
-
|
$249,000
Loft
-
|
$260,000
+4.42%
02/29/2024
|
The Tom and Joanne Team
Gibson Sotheby's International Realty
| |
|
06/09/2022
|
Loft
|
4 Bath
|
569 ft²
|
$125,000
Loft
4 Bath
569 ft²
|
$119,000
-4.80%
07/14/2022
|
Wenjen Hwang
MA Properties
| |
|
01/18/2018
|
Loft
|
-
|
-
|
$119,800
Loft
-
|
$119,800
03/06/2018
|
Raminder Bhatia
Raminder Bhatia
| |
|
04/14/2014
|
Loft
|
-
|
865 ft²
|
$190,000
Loft
-
865 ft²
|
$185,000
-2.63%
08/08/2014
|
Mark Lesses
Coldwell Banker Realty - Lexington
| |
|
07/19/2004
| |
Loft
|
4 Bath
|
865 ft²
|
$159,900
Loft
4 Bath
865 ft²
|
$140,000
-12.45%
09/29/2004
|
Stephen McKenna
Gibson Sotheby's International Realty
|
|
04/30/1999
| |
Loft
|
4 Bath
|
31376 ft²
|
$122,000
Loft
4 Bath
31376 ft²
|
$118,000
-3.28%
11/30/1999
|
Jann Swanson
Coldwell Banker Realty - Lexington
|
|
01/29/1998
| |
Loft
|
-
|
-
|
$38,000
Loft
-
|
$35,000
-7.89%
06/24/1998
|
Lauren Macneil
Carlson GMAC Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017