3385 Butternut 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 |
|---|---|---|---|
| Sep 26, 2025 | Sold | ||
| Sold | |||
| Aug 26, 2025 | Listed by Living Stone Homes and Estates LLC | $491,500 | |
| Listed by Living Stone Homes and Estates LLC | |||
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Welcome to 3385 Butternut Lane, a meticulously maintained gem in the highly coveted Johnstown area, offering lower HOA dues and NO Metro tax! This stunning home boasts a bright, open floor plan with updated flooring throughout, perfect for modern living. The gourmet kitchen features stainless steel appliances, including a gas range. Retreat to the serene primary en suite, complete with a luxurious 5-piece bath and soaking tub. Upstairs, find the convenience of a laundry room near the bedrooms. Step outside to your private outdoor oasis, featuring a large, newly covered patio, fire pit, and raised garden beds, all within a fully fenced yard. Additional highlights include a new Class 4 roof, new concrete front steps, and a heated 3-car attached garage with workbench and overhead storage. The unfinished basement offers endless potential for expansion. Centrally located along the Front Range, this quiet and peaceful home is close to schools and combines modern upgrades with tranquil living. This isn't just a home, it's a lifestyle!
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| Nov 10, 2015 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017