808 Saratoga 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 16, 2025 | In contract | - | |
| In contract | |||
| Aug 15, 2025 | Price Decreased |
$755,000
↓ $9K
(1.2%) | |
| Price Decreased | |||
| Aug 7, 2025 | Relisted | $764,000 | |
| Relisted | |||
| Aug 1, 2025 | In contract | - | |
| In contract | |||
| Jul 21, 2025 | Listed | $764,000 | |
| Listed | |||
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PRICE IMPROVEMENT!!. Welcome to this charming home located in the vibrant city of Salinas. This spacious residence offers 1,425 square feet of comfortable living space, featuring three bedrooms and two full bathrooms. The heart of the home is the well-appointed kitchen, perfect for culinary enthusiasts and family gatherings. Enjoy cozy evenings by the fireplace, which adds a touch of warmth and ambiance to the living area. The property also includes a two-car garage, providing ample parking and storage space. The home is situated within the Salinas City Elementary School District. With a minimum lot size of 7,405 square feet, there is plenty of outdoor space for relaxation or entertaining. Although there is no cooling system installed, the layout and amenities make this a comfortable and inviting place to call home. Don't miss the opportunity to make this Salinas gem your own!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017