601 Lexington
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 9, 2025 | Sold | ||
| Sold | |||
| Apr 4, 2025 | In contract | - | |
| In contract | |||
| Mar 27, 2025 | Listed | $1,275,000 | |
| Listed | |||
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This home is a true gem, with a charming exterior that belies its modern interior. Rebuilt and expanded from the ground up in 2004, it's located on Concord's historic mile, offering the best of both worlds - the charm of yesterday and the amenities of today. The modern kitchen flows seamlessly into the dining area, where you can enjoy a two-sided fireplace that leads into the inviting living room. Three spacious bedrooms, including a master suite with a walk-in closet and ensuite bath, are on the second floor as well as a second full bath and laundry. The lower level features a large furnished area, suitable for an office, media area or family room. Two garage spaces lead to the mudroom and half bath. New gas furnace and AC unit. Beautiful gardens and a private patio area for dining in the summer. This highly desirable walk-to-town location offers privacy on 2 sides. Concord restaurants, library, arts center and nearby walking trails. Easy access to highways and highly rated schools.
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| Dec 14, 2022 | Sold | ||
| Sold | |||
| Oct 21, 2022 | Listed by William Raveis R.E. & Home Services | $1,195,000 | |
| Listed by William Raveis R.E. & Home Services | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017