18 Saddleback Hill Rd
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 |
|---|---|---|---|
| Oct 17, 2024 | Sold | ||
| Sold | |||
| Aug 31, 2024 | In contract | - | |
| In contract | |||
| Aug 26, 2024 | Listed by RE/MAX Executive Realty | $204,000 | |
| Listed by RE/MAX Executive Realty | |||
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This property offers 1.47 acres of land in a cul-de-sac neighborhood, presenting a prime opportunity for contractors or buyers seeking a rehabilitation project. Envision the potential to restore this home to its former glory or start from scratch and rebuild from the foundation up. Beneath the wall-to-wall carpeting lies hardwood flooring in the family room, hallway, and all three bedrooms. It features a sizable eat-in kitchen, two finished rooms on the lower level with a fireplace as a secondary heating source, and a spacious one-car garage. The home requires a comprehensive renovation both inside and out. Buyer will be responsible for the removal of all the contents inside and out. Being sold "AS IS"
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017