Price cut
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116 Cutler
116 Cutler Road, now down to $2.995 million. It’s been on-and-off the market since 2016, when it began at $3.995. Decent house, but Cutler is a long way from Greenwich proper, and has a hard time drawing Greenwich residents so far north, especially at high prices. In fact, the only recent sale on the street above $2 was 25 Cutler back in 2015, at $3.2. Judging from 25’s architecture, it’s a pretty good bet that the buyers immigrated, legally or not, across the Westchester border. It’s also a pretty good bet that they will come to regret paying that price when it comes time to sell.
On the plus side, 116 Cutler’s current tax bill is $32,000, based on an overly-entusiastic appraised value of $3.901 million. Westechesterites looking for tax relief can anticipate a substantial reduction here, come next year’s reevaluation.
25 Cutler Road
