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5234 Saxon Drive
About This Property
Welcome to this beautifully updated 4-bedroom, 2-bathroom home, situated on a 12,000 sq ft corner lot in the desirable Stone Oak neighborhood. Offering 1,960 sq ft of living space, this home has been thoughtfully upgraded with a brand-new AC system, new water heater, updated electric panel, and a fresh coat of paint throughout.
The spacious layout includes a bright, open living area and a generous eat-in kitchen, ideal for family gatherings. The large backyard, perfect for play and entertaining, features a playground and is conveniently located right in front of a park.
Enjoy quick access to major highways, the Heights, and fine dining just minutes away. This home offers the perfect blend of comfort, space, and location-an ideal setting for your family to thrive.
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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 17, 2025 | Price Decreased |
$450,000
↓ $35K
(7.2%) | |
| Price Decreased | |||
| May 19, 2025 | Listed by White House Global Properties | $484,999 | |
| Listed by White House Global Properties | |||
| Apr 26, 2025 | Price Decreased |
$495,000
↓ $20K
(3.9%) | |
| Price Decreased | |||
| Mar 21, 2025 | Price Decreased |
$515,000
↓ $24K
(4.5%) | |
| Price Decreased | |||
| Dec 11, 2024 | Price Increased |
$539,000
↑ $24K
(4.7%) | |
| Price Increased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017