1367 SADDLERIDGE DRIVE
About This Property
The beautifully remodeled kitchen is bathed in natural light and offers ample cabinet space, making it both functional and stylish. The owner's suite is a true retreat, boasting a massive walk-in closet and a well-appointed ensuite bath. Brand-new carpeting adds a fresh touch, while recent upgrades, including a new roof in 2021 and a water heater installed in 2025, provide peace of mind.
Step outside to your private oasis-a screened-in, inground pool perfect for enjoying Florida's year-round sunshine. The fully fenced backyard offers both privacy and space for outdoor entertainment, with brand-new sod being installed before closing to complete the picture-perfect
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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%.
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.
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About Ridgemoore
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017