12155 BAKER MILL ROAD
About This Property
The property features a well crafted 3 stable barn, providing a comfortable and spacious home for your horses. Adjacent to the barn is a well-equipped garage featuring 3 bays, 1 bay is large enough for your RV to park, ample storage, full bath, and a separate dog kennel area for your other 4 legged friends. Whether you're an avid rider or simply enjoy the beauty of horse trails, an ATV & Horse Trail awaits you, winding through the expansive property. Fenced Pastures and lighted arena make for even further opportunities.
For those who crave endless adventures on horseback, the property seamlessly connects to adjoining State lands, offering additional horse trails for exploration and enjoyment. Imagine the freedom of exploring nature on horseback, surrounded by the beauty of the great outdoors.
As a unique option, the property also presents the opportunity to own a versatile building that allows you to create a comprehensive equestrian haven, complete with space for a top notch veterinary practice, a charming guest house, a beautiful dedicated home office retreat, or any other use your imagination can conceive, right at your doorstep.
This home features a new HVAC system installed in 2024 and a new roof from 2023. Originally a cozy log cabin, it has been expanded with a 2500+ square foot addition, now offering 4 bedrooms and 2.5 baths. Enjoy the tranquility of nature from your wrap-around porch, overlooking a fully wrought iron fenced yard with an irrigation system to keep your dogs or children safely separated from the farm animals. Need extra storage? The full basement includes an office or additional bedroom space. All bathrooms have been upgraded, featuring a waterfall tub, barn doors, tile floors, upgraded countertops, and more.
There are many school options to choose from, including public, private, and charter schools, each offering unique programs and opportunities to fit diverse educational needs.
Experience the epitome of equestrian living – a harmonious blend of luxury, functionality, and the pure joy of horse ownership. This property is not just a home; it's a haven for horse enthusiasts seeking the perfect blend of comfort and adventure. Embrace the equestrian lifestyle and make this dream property your very own. Schedule your private showing today!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 30, 2025 | Sold | ||
| Sold | |||
| Apr 1, 2025 | Price Decreased |
$1,150,000
↓ $125K
(9.8%) | |
| Price Decreased | |||
| Oct 7, 2024 | Price Increased |
$1,275,000
↑ $125K
(10.9%) | |
| Price Increased | |||
| Jul 20, 2024 | Listed by Coldwell Banker Premier - Lewes | $1,150,000 | |
| Listed by Coldwell Banker Premier - Lewes | |||
| Apr 20, 2011 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017