16 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 |
|---|---|---|---|
| Apr 6, 2022 | Sold | ||
| Sold | |||
| Jun 12, 2019 | Sold | ||
| Sold | |||
| Apr 24, 2018 | Listed by P.A.R. Properties, Inc. | $1,195,000 | |
| Listed by P.A.R. Properties, Inc. | |||
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This classic New England Colonial is for sale for the first time in nearly 30 years, beautifully sited on a large flat lot with mature landscaping, patio, and peeks of the ocean. The home offers a wonderful combination of the charm and detail of a older home coupled with the conveniences and comforts of a newer home. The kitchen opens to the family room, providing a great open floor plan. The dining room living room and den all have fireplaces and built-ins. With 4 bedrooms and 3.5 bathrooms this home offers great floor plan flexibility. The over sized backyard is great for outdoor activities and you can walk less than five minutes to the beach.
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| Nov 25, 1991 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017