1201 Saddle Lakes Drive
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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 1, 2026 | No longer available | - | |
| No longer available | |||
| Mar 19, 2026 | Listed by Traditions Real Estate Group | $965,000 | |
| Listed by Traditions Real Estate Group | |||
| Sep 28, 2025 | No longer available | - | |
| No longer available | |||
| May 11, 2025 | Price Decreased |
$965,000
↓ $10K
(1%) | |
| Price Decreased | |||
| Sep 27, 2024 | Listed by Coldwell Banker Apex, REALTORS | $975,000 | |
| Listed by Coldwell Banker Apex, REALTORS | |||
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This is IT, the one you've been looking for! Updated home in Wylie ISD! Walk into a vaulted entry with beautiful chandelier, stairway with breezeway overlooking the semi-open concept living, dining, and kitchen area. This home has so much to offer with 3 separate living areas, three fireplaces, study, 5 bedrooms, and two staircases! Let your imagination go wild with game room possibilities, or potential in-law suite! The Owner's suite is on the first level with privacy and comfort in mind. See through fireplace from bedroom into the luxurious bathroom. The kitchen is a showstopper with a Texas Sized island, GE Monogram appliances, 6 burner gas range, and fantastic cabinetry. All of the interior gets even better with the large sunroom that opens out into an expansive backyard oasis! Large swimming pool with sunning space, separate jacuzzi, barbeque area, and an RV garage or workshop! All of this, and there is a private lake in the subdivision as well for resident enjoyment! This home even has a VA ASSUMABLE LOAN WITH 3.625% INTEREST that the sellers are willing to consider!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017