2711 N Saddlebrook Lane
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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%.
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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 |
|---|---|---|---|
| Jun 13, 2025 | Sold | ||
| Sold | |||
| Jun 6, 2025 | In contract | - | |
| In contract | |||
| May 1, 2025 | Listed by eXp Realty LLC | $1,089,000 | |
| Listed by eXp Realty LLC | |||
| Apr 15, 2025 | Price Decreased |
$1,089,000
↓ $10K
(0.9%) | |
| Price Decreased | |||
| Mar 21, 2025 | Listed | $1,099,000 | |
| Listed | |||
| | |||
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Amazing location! 1.25 acre property located in south Katy just minutes from I 10 & 99, and zoned to acclaimed Katy ISD schools. This one story home boasts an expansive design complete with a beautifully renovated kitchen, vaulted ceilings in the family room, 2 primary suites, 3 guest bedrooms, a flex room/optional 6th bedroom, wood & tile flooring throughout, recently upgraded double pane large windows, recent roof replacement, completely re-plumbed with PEX piping and more. Relax in the private & tranquil backyard with a sparkling pool, covered patio & tons of green space. Huge workshop with living quarters that include a full bath, kitchenette, and murphy bed. No HOA. Low tax rate. Don't miss this rare opportunity!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017