6367 SADDLE DR
About This Property
Enjoy ample upgrades throughout the interior, starting with the open-concept main level. The sun-filled living and dining room boasts accent moldings and features a stylish powder room. The gourmet eat-in kitchen is equipped with upgraded granite countertops, stainless steel appliances including a recently installed gas stove [2023], luxury vinyl tile flooring, a mosaic tile backsplash, a pantry, and a cozy breakfast area overlooking the family room an expansive family room complete with a cozy gas fireplace. with access to the deck. The upper level features five bedrooms, all adorned with plush carpeting and ample closet space. The primary suite impresses with soaring cathedral ceilings, a private sitting room, three walk-in closets, and an en suite bathroom with a large soaking tub, an extended vanity, and an extra separate vanity. An additional full bathroom serves the remaining bedrooms, ensuring convenience for family and guests. The lower level features a well-appointed laundry room as well as flexible areas such as a recreation room with backyard access, a full bathroom, and a versatile bonus room providing plenty of options for relaxation and entertainment.
Enjoy an expansive tiered deck with built-in seating that overlooks the mature, tree-lined woods and a beautifully landscaped, level backyard. The property also offers additional parking for four vehicles in the driveway.
The Village of Long Reach is a vibrant community that offers convenient access to major commuter routes such as Route 29 and I-95 and is located just minutes away from shopping and dining options at the Long Reach Village Center, as well as recreational amenities.
Previous contract fell through due to no fault of the Seller.
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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 |
|---|---|---|---|
| Dec 6, 2024 | Sold | ||
| Sold | |||
| Nov 13, 2024 | In contract | - | |
| In contract | |||
| Oct 22, 2024 | Relisted | $670,000 | |
| Relisted | |||
| Oct 18, 2024 | In contract | - | |
| In contract | |||
| Oct 10, 2024 | Listed by Keller Williams Lucido Agency | $725,000 | |
| Listed by Keller Williams Lucido Agency | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017