1 Cutting Ave
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 |
|---|---|---|---|
| Jan 5, 2021 | Sold | ||
| Sold | |||
| Oct 22, 2020 | Listed by Emerson REALTORS® | $450,000 | |
| Listed by Emerson REALTORS® | |||
| Aug 1, 2012 | Sold | ||
| Sold | |||
| Apr 24, 2012 | Listed by Emerson REALTORS® | $244,000 | |
| Listed by Emerson REALTORS® | |||
| Oct 15, 2009 | Listed | $277,500 | |
| Listed | |||
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Nice ranch on a lovely 1/2 acre level lot on dead-end street. Owner replaced roof, siding, windows, boiler & hot water tank, oil tank,, chimney from roof up, electric, and plumbing. Home has new maple cabinet kitchen/w new countertops, pergo floor and slider to large 16 x 20 deck. Home has spacious newer master bedroom (4 yrs old) w/new master bath, c.t. w/shower and spa tub. Hdwds thru, storage shed, both baths updated, near all major routes, great commuter location
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017