Middlesex
2 Cutting Lane #2
$1,925,000
●
Condo -
Off Market
2 Cutting Lane #2
Weston, MA 02493
3 Beds
4 Baths,
1
Half Bath
3,420 Ft²
$3,318,232
RealtyHop Estimate
58.39%
Since Jun 1, 2017
MA-Boston
Primary Model
About This Property
Unique opportunity to own this extraordinary custom designed Paine
Estate home located in the coveted and desirable Highland Meadows
Community. No expense spared with the extensive upgrades including
chef's kitchen, Brazilian cherry floors, cathedral ceiling family
room with oversized fireplace, 3 season porch, luxurious master
suite with marble bath and claw foot tub. Finished walk-out lower
level with guest bedroom and full bath. Relax on your own private
deck with views of abutting town land. Highland Meadows residents
benefit from a vibrant lifestyle including the community meeting
house with social events, tennis court, outdoor fireplace, fitness
center, billiard/game room and gourmet kitchen.
Unit Size
3,420 Ft²
Days on Market
-
Land Size
-
Price per sqft
$613
Property Type
Condo
Property Taxes
$1,643
HOA Dues
$1,581
Year Built
2009
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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 years ago (MLSPIN #71977815)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 24, 2017 | Sold | ||
| Sold | |||
| Mar 27, 2016 | Listed by Rutledge Properties | $2,095,000 | |
| Listed by Rutledge Properties | |||
Property Highlights
Air Conditioning
Garage
Fireplace
Interior Details
Level: First
Width: 15
Length: 14
Features: Flooring - Hardwood, Window(s) - Picture, Dining Area, Pantry, Countertops - Stone/Granite/Solid, French Doors, Deck - Exterior, Open Floorplan, Recessed Lighting, Stainless Steel Appliances
Area: 210
Level: First
Features: Bathroom - Full
Level: First
Features: Bathroom - Full, Cathedral Ceiling(s), Closet - Linen, Walk-In Closet(s), Flooring - Hardwood, French Doors
Width: 15
Length: 14
Area: 210
Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
Width: 13
Length: 15
Area: 195
Level: Basement
Features: Bathroom - Full
Level: First
Length: 18
Level: First
Features: Cathedral Ceiling(s), Ceiling Fan(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Picture, French Doors, Deck - Exterior, Exterior Access, Open Floorplan, Recessed Lighting, Slider
Width: 17
Area: 306
Features: Bathroom - Full, Bathroom - Double Vanity/Sink, Cathedral Ceiling(s), Closet - Linen, Walk-In Closet(s), Flooring - Hardwood
Level: First
Length: 15
Width: 15
Area: 225
Features: Bathroom - Full
Level: Basement
Level: First
Features: Flooring - Hardwood
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Bathroom - Half, Closet/Cabinets - Custom Built, Countertops - Stone/Granite/Solid, Wet bar, Open Floor Plan, Slider, Bathroom, Great Room, Office, Central Vacuum, Wet Bar
Appliances: Range, Oven, Dishwasher, Disposal, Microwave, Refrigerator, Wine Cooler, Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Oven
Flooring Type: Tile, Hardwood, Flooring - Stone/Ceramic Tile, Flooring - Hardwood
Laundry Features: First Floor, In Unit
Rooms: 8
Has Fireplace
Fireplace Features: Family Room
Fireplaces: 1
Basement: Y
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage Door Opener
Garage Spaces: 2
Exterior Details
Entry Level: 1
Security Features: Security System
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Highland Meadows
Structure Type: Townhouse
Stories (Total): 1
Building Area Units: Square Feet
Window Features: Window(s) - Bay/Bow/Box
Patio and Porch Features: Enclosed, Screened, Deck - Wood, Patio
Lead Paint: None
Lot Size Units: Acres
Parcel Number: M:026.0 L:0093 S:024.0, 4826149
Water Source: Public, Individual Meter
Financial Details
Tax Assessed Value: $1,621,700
Tax Annual Amount: $19,720
Utilities Details
Utilities: for Gas Range, for Electric Oven
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Other
Location Details
HOA/Condo/Coop Fee Includes: Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
HOA/Condo/Coop Amenities: Tennis Court(s), Fitness Center, Clubroom
Association Fee Frequency: Monthly
HOA Fee: $1,581
Community Features: Public Transportation, Shopping, Tennis Court(s), Walk/Jog Trails, Golf, Conservation Area, Highway Access, House of Worship, Private School, Public School, Adult Community
Pets Allowed: Yes
Management: Professional - On Site
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/27/2016
|
3 Bed
|
4 Bath
|
3420 ft²
|
$2,095,000
3 Bed
4 Bath
3420 ft²
|
$1,925,000
-8.11%
05/24/2017
|
Betsy Kessler
Rutledge Properties
| |
|
08/29/2009
|
2 Bed
|
3 Bath
|
2284 ft²
|
$1,545,000
2 Bed
3 Bath
2284 ft²
|
$1,545,000
09/10/2010
|
Maureen Fraser
Maureen Fraser
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017