659 Marrett Rd
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 |
|---|---|---|---|
| Aug 21, 2025 | Sold | ||
| Sold | |||
| Jun 30, 2025 | In contract | - | |
| In contract | |||
| Jun 26, 2025 | Listed by Redfin Corp. | $1,089,900 | |
| Listed by Redfin Corp. | |||
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Welcome to 659 Marrett Road, a beautifully renovated home in one of Lexington's most convenient locations. This thoughtfully updated property features a bright kitchen with granite countertops, stainless steel appliances, and ample cabinet space—perfect for both everyday living and entertaining. The family room offers a cozy gas fireplace and access to a large deck overlooking the spacious, fenced-in backyard. The main level includes a versatile bedroom and full bathroom, along with a dedicated laundry area for added convenience. Upstairs, you'll find two additional bedrooms and another full bath. The partially finished basement provides additional living space with two separate rooms, a full bathroom, and a wet bar. With modern updates throughout and easy access to shopping, highways, and all that Lexington has to offer, this move-in ready home combines comfort, function, and location. Don't miss your opportunity to make it your own.
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| Dec 19, 2018 | Sold | ||
| Sold | |||
| Nov 8, 2018 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $759,900 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017