2655 Cutter Dr
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 2, 2024 | Sold | ||
| Sold | |||
| Oct 27, 2022 | Listed by RE/MAX Professionals | $999,545 | |
| Listed by RE/MAX Professionals | |||
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MOVE-IN READY. The Penrose is a beautiful open concept plan with a thoughtful design that sits on a 3.14 acre homesite. As you enter the home from the covered porch, there is a study, two bedrooms, and a full bath. As you enter the home from the 4-bay garage, there is a mudroom and a powder bath. There is a spacious gourmet kitchen with an abundance of White Icing Maple cabinetry, Calcutta Borghini quartz counterspace, stainless steel hood, cooktop and built-in microwave/oven combination. There is also a large kitchen island and a walk-in pantry. The kitchen is open to the dining room and the great room. Buffet cabinets were added off the dining area for ample storage space. A fireplace was added for cozy winter nights to the great room. The laundry room is towards the back of the home and will have ceramic tile flooring. At the back of the home is the owner's bedroom with a large bath and a sizable walk-in closet. This home has a finished lower level which includes a wet bar, game room, rec room, bath, two additional bedrooms and storage space. A covered back patio was added that's perfect for outdoor entertainment. Make an appointment today for more information on living on acreage in Saddler Ridge and ask about lender incentives for this home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017