9305 Saddle Lane
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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 |
|---|---|---|---|
| Feb 16, 2024 | Sold | ||
| Sold | |||
| Jan 21, 2024 | In contract | - | |
| In contract | |||
| Dec 17, 2023 | Listed by Walzel Properties - Corporate Office | $380,000 | |
| Listed by Walzel Properties - Corporate Office | |||
| Aug 26, 2022 | Sold | ||
| Sold | |||
| Jun 2, 2022 | Listed by Fathom Realty | $304,999 | |
| Listed by Fathom Realty | |||
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Location Location Location Situated on a desirable 14,250 square foot wooded corner lot (per HCAD) this location is the perfect place for new construction or a great home for remodeling. 3 bedroom 2 bathroom with 2 car detached garage and a 2 car attached carport. Surrounded by majestic trees and plenty of space to add your own sparkling pool. Minutes from Memorial City, City Centre, shopping, restaurants, hospitals and more. Easy access to I10, minutes from Grand Parkway and Sam Houston Tollway.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017