5102 Saddle Drive
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 |
|---|---|---|---|
| Aug 29, 2023 | Sold | ||
| Sold | |||
| Jul 28, 2023 | Listed by RE/MAX Opportunities | $425,000 | |
| Listed by RE/MAX Opportunities | |||
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Nestled on over 3 acres, this charming 3/2.5 home is the perfect setup for anyone wanting horses, FFA/4H projects, chickens, garden, or just some "elbow room". A canopy of mature trees surrounds the property providing shade, privacy, and the perfect covered front porch to sit and enjoy your surroundings. The interior has been freshly painted and features a spacious and open layout. The kitchen is a open to the living space with ample storage space and endless views of the acreage. All bedrooms are generous in size; The primary bedroom is located downstairs and offers a spacious bathroom with walk in closet. As you venture outside, you'll be greeted by a sprawling backyard that invites you to embrace the great outdoors. With plenty of space on the property, the opportunities are endless. The location of this home is situated on the outskirts of town, you can relish the peace and quiet of rural living while still being close to all the amenities you need.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017