3122 N Saddlebrook Lane
About This Property
This exceptional home features two front entrances and a separate guest house on its own electric meter, complete with a full kitchen including a stove, microwave, sink, refrigerator, and dishwasher. Beneath the guest quarters, with its own separate entrance, is an impressive 6-car garage.
Situated on a sprawling 3.19-acre lot, the outdoor spaces are equally remarkable. Enjoy a charming courtyard, covered patio, resort-style pool area, and a pool house with an outdoor kitchen. Built-in banquette seating offers generous hidden storage. The property also features a serene pond and a beautiful sparkling pool.
With wood-burning fireplace located outside, this home offers warmth, comfort, and character throughout.
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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 |
|---|---|---|---|
| Jul 22, 2026 | Sold | ||
| Sold | |||
| Jun 9, 2026 | In contract | - | |
| In contract | |||
| Apr 18, 2026 | Price Decreased |
$1,995,000
↓ $205K
(9.3%) | |
| Price Decreased | |||
| Mar 31, 2026 | Listed by HomeSmart | $2,200,000 | |
| Listed by HomeSmart | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017