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1248 Saddlebrook Way
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 |
|---|---|---|---|
| Jun 24, 2026 | Sold | ||
| Sold | |||
| May 18, 2026 | In contract | - | |
| In contract | |||
| May 14, 2026 | Listed by Real Broker, LLC | $1,750,000 | |
| Listed by Real Broker, LLC | |||
| Jun 29, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| May 17, 2024 | Listed by Ebby Halliday Realtors | $1,785,000 | |
| Listed by Ebby Halliday Realtors | |||
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Welcome to an entertainer's paradise! This stunning, model-like home is in the highly sought-after equestrian community of Saddlebrook Estates. Situated on 4.055 acres, this horse property allows for up to two horses to be kept on-site. The property features a private stocked pond with extensive landscaping. The spacious gourmet kitchen, equipped with top-of-the-line amenities, opens to the family room, vaulted ceiling, wood beams and stacked blackstone fireplace. Updated media room on the first floor is perfect for entertaining, featuring a wet bar with Amber Onyx and LED lighting, plus a fridge. Adjacent to the media room, you'll find a custom-built wine room. The home includes a downstairs study and a secondary bedroom with a private bath. The primary bedroom offers a large sitting area, a balcony overlooking the backyard oasis, and a spacious closet with a hidden bonus room. Additional bonus room located between 3rd & 4th bedrooms. Outside, enjoy the resort-style pool, fire pit, and two outdoor entertainment spaces complete with a built-in grill. Equestrian enthusiasts will love the convenience of nearby horse boarding and training facilities, as well as the extensive network of equestrian trails. The property is situated in the sought-after Argyle ISD school district. Your dream home is ready and waiting for you!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017