9055 SADDLECREEK Drive
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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%.
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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 |
|---|---|---|---|
| May 16, 2023 | Sold | ||
| Sold | |||
| Apr 22, 2023 | No longer available | - | |
| No longer available | |||
| Apr 18, 2023 | In contract | - | |
| In contract | |||
| Feb 19, 2023 | Price Increased |
$499,900
↑ $50K
(11.1%) | |
| Price Increased | |||
| Feb 18, 2023 | Listed by Keller Williams Realty | $449,900 | |
| Listed by Keller Williams Realty | |||
| | |||
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A new roof will be installed before closing takes place. From the moment you pull into the driveway, you will feel right at home. It is ready for new owners to move right in and add their own special touches. Spacious three bedroom two bath home and 2 car garage in established neighborhood located in a great school district. Tile floors throughout, large kitchen with granite counters, and coordinated backsplash. Newly painted, new lighting and fans. Ample closet and storage space. Wonderful screened-in back patio perfect for family parties and get-togethers. Let the kids and pets roam freely in the completely fenced backyard. Yearly HOA under $500.Easy to show. Call us today. The manager has listed the unit size as 1856 square feet.
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About Spanish Isles
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$10,000 /mo
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$7,700 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017