16902 Saddle Ridge Pass
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 29, 2024 | Sold | ||
| Sold | |||
| Jun 9, 2024 | In contract | - | |
| In contract | |||
| Jun 6, 2024 | Listed by Re/Max Property Group | $1,450,000 | |
| Listed by Re/Max Property Group | |||
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Fully remodeled one story on 4 acres in Saddle Ridge Estates w/pool, outdoor kitchen & pond. Features include 2024 refinished White Oak floors, new: SW Duration interior paint, luxury carpet in bedrooms, light fixtures. Spectacular 2020 full Kitchen remodel w/leathered Quartzite counters, new appliances & all baths have Quartz counters, new toilets & sinks. Gorgeous 2020 Primary Bath remodel w/floor to ceiling stone accent wall, soaking tub w/chandelier, "walk through" shower & Quartz counters. Game/Flex Room w/closet can be 5th bedroom. Gated neighborhood plus gated driveway & mature landscaping along the back of the property provide privacy. Full gutters, water softener, new MyQ Garage openers, Epoxy garage floors & stairs to 255 SqFt above attic space w/20" blown in insulation. With 4 acres, plenty of room for sport court/barn/guest house. Indulge in luxury Texas living in this equestrian community w/41 acre riding park for horses or ATVs & zoned to CFISD award winning schools.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017