701 Saddle Ridge Cir
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 |
|---|---|---|---|
| Sep 15, 2025 | Sold | ||
| Sold | |||
| Aug 15, 2025 | In contract | - | |
| In contract | |||
| Jun 6, 2025 | No longer available | - | |
| No longer available | |||
| Jun 5, 2025 | Listed | $1,249,000 | |
| Listed | |||
| May 23, 2025 | Listed by Redfin Corporation | $1,395,000 | |
| Listed by Redfin Corporation | |||
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Welcome to your dream mountain retreat in the coveted Grand Elk community. This meticulously maintained two-story home is a rare gem, offering a seamless blend of contemporary style and rustic charm. This home is on two lots providing extra land! Step inside to an open floorplan filled with natural light, where beautiful hardwood floors and modern finishes set the tone throughout. The spacious kitchen is a chef's delight, featuring stylish appliances and ample space for cooking and entertaining. Each bedroom offers the luxury of its own attached bath, with the main floor primary suite boasting an oversized walk-in closet perfect for extra storage. The loft provides versatile space ideal for an optional 5th bedroom, home office, game area, or cozy reading nook. Outside, enjoy extensive landscaping and a large, private hot tub just off the back patio-perfect for relaxing after a day on the slopes or golf course. The oversized two-car garage includes plenty of room for additional storage. Ideally located just steps away from Grand Elk Golf Course, and near the clubhouse, pool. Easy access to the Lift bus line to Winter Park, Granby Ranch, and the convenience of local shopping and dining. Recent upgrades include new network wiring, a camera system, and landscape improvements-all completed in 2023. This home truly has it all, combining comfort, style, and mountain lifestyle in one incredible package.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017