2549 Saratoga Drive
About This Property
The kitchen is equipped with oak cabinetry, granite countertops, a double oven, and engineered hardwood flooring that extends throughout the main living areas. The primary suite includes a mirrored walk-in closet, dual vanities, separate shower and soaking tub, and a private water closet.
Additional interior highlights include wide baseboards, custom door and fireplace moldings in the family room, recessed lighting, dual-pane windows, plantation shutters, crown molding, custom chandeliers, and a new water heater (2024).
Exterior features include operable fountains in the front and rear yards, outdoor/garden lighting, and a custom stone walkway and entry. A three-car garage offers ample parking and storage. The home is equipped with a solar panel system with a gross capacity of 5.3 kW, and newly installed fiber optic lines in the street provide enhanced connectivity.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 19, 2025 | Sold | ||
| Sold | |||
| Aug 15, 2025 | In contract | - | |
| In contract | |||
| Aug 8, 2025 | Listed by Redfin Corporation | $1,675,000 | |
| Listed by Redfin Corporation | |||
| Apr 7, 2020 | No longer available | - | |
| No longer available | |||
| Mar 25, 2020 | Relisted | $1,040,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017