$750
●
Land -
Off Market
11225 Alligator Trail
Lake Worth, FL 33449
Studio
1 Bath
$1,352
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model
About This Property
Wonderful opportunity to spend the winter season in Wellington in
style! Gorgeous 5 acre farm in Homeland offering 4 stalls for
rent for the first time since being built. Not only is there
a fabulous sand irrigated all-weather sand ring with jumps, there
are endless miles of dedicated equestrian trails within the gated
equestrian enclave of Homeland, just minutes to WEF and Global
Dressage, as well as Florida Turnpike, and all shops and
restaurants.
Unit Size
-
Days on Market
41 days
Land Size
0.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
2016
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 5 months ago (Beaches MLS #R10642115)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 7, 2020 | Sold | ||
| Sold | |||
| Jul 27, 2020 | Listed by Keller Williams Realty - Welli | $1,000 | |
| Listed by Keller Williams Realty - Welli | |||
| Jul 18, 2020 | No longer available | - | |
| No longer available | |||
| Mar 8, 2020 | Price Decreased |
$3,325,000
↓ $50K
(1.5%) | |
| Price Decreased | |||
| Jun 20, 2019 | Listed | $3,375,000 | |
| Listed | |||
| | |||
|
Exceptionally rare equestrian estate located within the private gated enclave of Homeland, just minutes from WEF,GDF,IPC, Grand Champions Polo, and all Wellington has to offer. Built in 2016, no detail was spared. Wake up in your luxurious master suite, step onto your private patio for your morning coffee and then stroll to the barn for your morning ride. Even the most private person would enjoy having guests here , as there is a fabulous 3/2 guest house w/gourmet kitchen. The main house which has 5 bedrooms and 4.5 bathrooms can be a peaceful retreat as well as an entertainment hub, with a full media room, wet bar, and open floor plan. Both homes are connected via a HUGE covered and tiled patio with summer kitchen that share one roof. Full home generator, reverse osmosis water treatment The manager has listed the unit size as 7437 square feet.
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About Homeland
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Listed by: Jennifer Drahan
Keller Williams Realty - Welli
Last Updated: 5 months ago
Data Source: Beaches MLS, MLS# R10642115
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
Keller Williams Realty - Welli
Last Updated: 5 months ago
Data Source: Beaches MLS, MLS# R10642115
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