15 Cutting Road
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 |
|---|---|---|---|
| Sep 30, 2016 | Sold | ||
| Sold | |||
| May 16, 2016 | Listed by William Raveis R.E. & Home Services | $2,100,000 | |
| Listed by William Raveis R.E. & Home Services | |||
| Apr 12, 2006 | Sold | ||
| Sold | |||
| Mar 5, 2006 | Listed by Landmark Properties | $1,099,000 | |
| Listed by Landmark Properties | |||
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NOT A DRIVE BY!!!!! If you have been searching for your dream house your wait is over. One of a kind meticulously maintained home sits on 3/4 of an acre with a beautiful 20X40 swimming pool, private tennis court, breathtaking ocean views and deeded beach rights. Located in one of Swampscott's finest neighborhoods, this sprawling property is a perfect family home and ideal for entertaining and large parties inside and out. One minute walk to Phillips Beach make this a truly rare opportunity.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017