Welcome to 26480 Saddle Horn, a stunning lakefront estate on
acreage in the prestigious Saddle Creek Forest. An equestrian
community. A long, tree-lined driveway leads to this beautiful
stone and brick clad home featuring a spacious primary suite with
sitting area and luxurious bath, an impressive island kitchen with
granite countertops, stainless steel appliances, abundant
cabinetry, formal and casual dining areas, a wine room, generous
secondary bedrooms, three full baths, a mudroom, and ample storage.
All of this under a new roof. Outside, enjoy a circular drive,
motor court, multiple garages, and an expansive covered patio with
an outdoor kitchen, fireplace and access to the private guest
quarters behind the garage including a full kitchen and bath. The
resort-style backyard offers a sparkling pool with new cool deck,
vanishing edge, spa, fire pit, mature trees, and breathtaking views
of a large stocked lake. Schedule your visit today to see this one
of a kind custom home!
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.
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