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Putnam
15 Cutler Lane
$475,000
● House - Off Market

15 Cutler Lane

Philipstown, NY 10524
bedrooms
6 Beds
bathrooms
3 Baths
square feet
2,038 Ft²
$822,236
RealtyHop Estimate
64.78%
Since Apr 1, 2017
National-US
Primary Model

About This Property

A 2000+ square foot owner built ranch style home with 6 bedrooms, 2 full baths on main level, living room with raised hearth fireplace with heatalators, eat-in-country kitchen with access to large enclosed family room with slate floor and cedar cathedral ceiling awaits the imaginative new home owner. A partially finished full basement with egress to rear yard, laundry area with washer-dryer, workshop room and 1/2 bath with shower stall. A large detached 2 car garage is next to home. The home is sited on 6.6 acres of sloping and level wooded land on a private road and is easily accessible to the Garrison commuter train station to NYC. Additional Information:  Amenities:Storage,HeatingFuel:Oil Above Ground,ParkingFeatures:2 Car Detached,
Unit Size
2,038 Ft²
Days on Market
-
Land Size
6.60 acres
Price per sqft
$245
Property Type
House
Property Taxes
$746
HOA Dues
-
Year Built
1958

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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: 5 months ago (OneKey MLS #KEYH4625710)

Price History

Date / Event Date Event Price
Mar 21, 2017 Sold
Premium
Sold
Jun 5, 2016 Listed by Limited Editions Realty, Inc. $499,000
Listed by Limited Editions Realty, Inc.

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 6
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 700
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 287,496
  • Lot Size Frontage Feet: 3,500
  • Total Building Area: 2,038
  • Building Area: 2,038
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,038
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000006600
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LAND & RESIDENCE

Neighborhood

  • School District Name: Garrison Union Free School District
  • School Tax School District: GARRISON
  • Census Tract: 010600

Zoning

  • Zoning: R80

Geography

  • Account Number: 089000
  • District: 372689
  • Section: 61.00
  • Parcel: 372689 61.-4-23
  • Block: 4
  • Lot: 23.000
  • Municipality: PHILIPSTOWN (TOV)
  • Latitude: 41.3923
  • Longitude: -73.8979

    Address

  • Full Address: 15 Cutler Ln
  • Address - House Number: 15
  • Address - Street Name: Cutler
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Garrison
  • Carrier Code: R001
  • 4-Digit Zip Code: 3918
  • Zip Code: 10524

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,037,467
  • Tax Rate Code Area: 372604

    Appraisal Valuation

  • Standard Deviation: 0.1724
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 77
  • Final Value: 752,624
  • High Value: 882,394
  • Low Value: 622,853

    Market Valuation

  • Market Total Value: $738,217
  • Market Land Value: $245,315
  • Market Improvement Value: $492,902

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $260,000
  • Assessed Land Value: $86,400
  • Assessed Improvements Value: $173,600

    Sales

  • Current Sale Contract Date: Mar 08, 2017
  • Current Sale Recording Date: Mar 21, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 33
  • Current Sale Input Document Number: 1500726
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 Putnam

Stats & Trends

Median Asking:

$579,500

Sale Price/ft²

$316

Below Asking

0.01%

Average Days on Market

87

Average Home Size

2382 ft²

Average Home Age

60.4 years

Currently For Sale

285 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

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OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 15 Cutler Lane built and last sold?
The property at 15 Cutler Lane was built in 1958 and last sold on Mar 8, 2017 for $475,000.
How much is this home worth?
The estimated value of the home located at 15 Cutler Lane is $502,630.
What are some comparable homes to 15 Cutler Lane?
There are currently no comparable homes to 15 Cutler Lane.
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