12500 Saddle 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 |
|---|---|---|---|
| Aug 22, 2025 | Sold | ||
| Sold | |||
| Aug 7, 2025 | In contract | - | |
| In contract | |||
| Jul 30, 2025 | Listed by Sotheby's International Realty | $1,575,000 | |
| Listed by Sotheby's International Realty | |||
| Nov 18, 2022 | Sold | ||
| Sold | |||
| Jun 16, 2022 | Listed by Coldwell Banker/Gay Dales | $1,310,000 | |
| Listed by Coldwell Banker/Gay Dales | |||
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You will not be disappointed, well maintained single story minutes away from Carmel Valley shopping, wineries, Carmel, Monterey & Salinas. Large water feature greets as you walk up to the house. Enjoy approx. 1000 SF stone patio. A perfect spot to relax. Upon entry, large picture windows & wood floors. Open Floor Plan concept & natural light. Looking South-West are mountain tops in CV. North-East you will see the gorgeous Mt. Toro & Castle Rock. Private road off Saddle Rd, to find a few homes offering maximum privacy yet within a neighborhood setting. Custom amenities, including gorgeous landscaping, 1000 SF of natural stone patio area & beautiful kitchen with granite counters. Two of the bedrooms offer ensuite & french doors leading to a deck off the back of the house. 1000SF garage is converted in finished multi use area, Tons of options, maybe even an ADU. Convert back to garage, shouldn't be a problem. Energy efficient appliances, hybrid water heater & solar PV system.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017