5
Map
1278 Arabian Drive
About This Property
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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 |
|---|---|---|---|
| Mar 23, 2026 | Listed by Douglas Elliman Wellington | $775,000 | |
| Listed by Douglas Elliman Wellington | |||
| Apr 15, 2025 | Sold | ||
| Sold | |||
| Mar 2, 2025 | Listed by Florida Premier Realty of the Palm Beaches LLC | $675,000 | |
| Listed by Florida Premier Realty of the Palm Beaches LLC | |||
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WHAT AN OPPORTUNITY! OWNER FINANCING AVAILABLE WITH 350K DOWN PAYMENT!
Beautiful 5 ACRE lot ON PAVED CORNER LOT in the coveted community of FOX TRAIL. This property is currently classified as agricultural. FOX TRAIL is an EQUESTRIAN - oriented community with many fine horse farms. You can have chickens, goats, fruit trees and of course, horses.
Fox Trail has 29 miles of dedicated bridle paths for your trail riding pleasure. It is truly an oasis amongst the fast pace of living that we all share.
Only minutes from the Wellington show venues, close to shopping, restaurants, conveniences, this is a once in a lifetime opportunity to build your perfect home or farm and still have peace, quiet AND PRIVACY!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017