10661 W HIGHWAY 40
About This Property
The property features a 2-bedroom, 1-bathroom Site-built home, providing a comfortable residence, weekend retreat, or convenient base for equestrian activities. Horse enthusiasts will appreciate the 2-stall barn with generously sized 12' x 16' stalls, along with additional covered storage space ideal for farm equipment, tack, feed, or other essentials. A separate metal building provides even more storage and functionality.
The 6.05 acres are fully fenced and thoughtfully divided into several paddocks, offering plenty of space for your horses to graze, exercise, and enjoy the property. A 30-amp RV hookup adds additional flexibility for guests, horse show accommodations, or recreational use.
With ample acreage, existing equestrian infrastructure, multiple storage options, and NO shortage of room for your horses, this property offers tremendous potential to customize and expand according to your needs.
Whether you are looking for a full-time farm, seasonal equestrian property, or a convenient home base near WEC, the location is hard to beat. Enjoy the tranquility of your own private acreage while being just minutes from world-class equestrian competition, dining, shopping, and entertainment at the World Equestrian Center.
A fantastic opportunity to own 6.05 acres in the heart of Ocala's renowned Horse Country!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017