12538 Saracen Drive
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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%.
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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.
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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 |
|---|---|---|---|
| May 12, 2022 | Sold | ||
| Sold | |||
| Apr 14, 2022 | Listed by RE/MAX Integrity | $360,000 | |
| Listed by RE/MAX Integrity | |||
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Welcome home to Saracen Drive. This home has it all, situated on an oversized wooded lot surrounded by mature trees and a sparkling pool. This home encompasses a family room and formal living which doubles as a study. Laminate wood flooring throughout the downstairs is fantastic for those with allergies. Gorgeous kitchen featuring dark natural wood cabinetry, granite w travertine back splash, under cabinet lighting, stainless-steel appliances and double convection ovens. In addition to the breakfast area, there is a separate formal dining room and dry bar. NEW ROOF 4/20, Low E double pane insulated windows, radiant barrier, blown in insulation, attic tent, soffit vents, interior A/C & furnace replaced. New exterior AC condenser unit 16 Seer 7/18. Water heater replaced 2/15. Fresh paint throughout the entire home 4/22. New carpet & 8lb padding throughout the upstairs area 3/22. Private patio off the master suite. Whole house camera system stays! CALL TODAY!
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| May 29, 2020 | Sold | ||
| Sold | |||
| Feb 3, 2020 | Listed by Douglas Elliman Real Estate | $269,900 | |
| Listed by Douglas Elliman Real Estate | |||
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Did not flood per seller. New Roof installed April 13, 2020. Beautiful updated home on wooded lot has so much flexible space & a sparkling pool. Formal living room/second living area down is being used as a grand scale dining room. Formal dining room is being used as a study. Walk in dry bar could be the perfect computer niche. Gleaming laminate wood floors in den, dining, study, 2/2008. New kitchen granite counters, travertine back splash, cabinets refinished, under cabinet lighting & stainless steel appliances including double convection ovens, 10/2009. New 36 inch high granite counter tops, tub & shower tile surround &tile floors in all baths, 10/12. New pool plaster 2/10. New Low E insulated windows 2/10. New Radiant barrier, blown in insulation, attic tent, soffit vents, 7/10. New interior AC & furnace American Standard SEER, 2/11. New exterior AC condenser unit w/AS 16 SEER, 7/18. New painted block paneling in d en and stair case balusters, 2/19.New 50 gal water heater, 2/15.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017