7620 SADDLE Road
About This Property
Welcome to this beautifully remodeled home, featuring a spacious 3-bedroom, 2-bathroom layout, and a versatile, oversized garage that can serve as a guest room or workshop. The property boasts permitted electrical updates and stunning windows that bathe the interiors in natural light. Inside, you'll enjoy the elegance of luxurious vinyl flooring and a contemporary kitchen with granite countertops and sleek stainless steel appliances. The high ceilings enhance the airy ambiance, complemented by a charming living room and a bonus room perfect for a kids' studio. Situated in a thriving community, this home offers convenient access to shopping, dining, and major highways.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 19, 2025 | Sold | ||
| Sold | |||
| Feb 26, 2025 | In contract | - | |
| In contract | |||
| Feb 14, 2025 | Price Decreased |
$295,000
↓ $2K
(0.7%) | |
| Price Decreased | |||
| Dec 6, 2024 | Price Decreased |
$297,000
↓ $1K
(0.3%) | |
| Price Decreased | |||
| Sep 24, 2024 | Price Decreased |
$298,000
↓ $4K
(1.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017