3 Cutting Ln
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 |
|---|---|---|---|
| Dec 19, 2024 | Sold | ||
| Sold | |||
| Nov 16, 2024 | In contract | - | |
| In contract | |||
| Nov 6, 2024 | Listed by Royal Realty, Inc. | $849,900 | |
| Listed by Royal Realty, Inc. | |||
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Welcome to 3 Cutting Lane, a 3-bedroom, 2.5-bathroom home nestled on a private and level 0.46-acre lot. This well-maintained property is conveniently located just minutes to all the best shopping and restaurants Burlington has to offer! The main floor boasts a fantastic kitchen, dining and living room layout perfect for everyday living and entertaining, a spacious primary suite complete with a full bath and walk-in closet, two additional bedrooms and a full bathroom. On the lower level, you will find a second living room with half bath, office space, utility room and a large bonus room waiting for your personal touches with exterior access. The attached garage has additional storage space for all your needs. This home’s prime location, combined with its versatile living spaces and expansive lot, makes it a rare find. Don’t miss the opportunity to make it yours! Showings begin at open house on Saturday 11/9 from 12:00-2:00pm.
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| Sep 1, 2006 | Sold | ||
| Sold | |||
| Apr 17, 2006 | Listed by Royal Realty, Inc. | $549,900 | |
| Listed by Royal Realty, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017