87
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12981 Casey Road
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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%.
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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.
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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 |
|---|---|---|---|
| Nov 5, 2018 | Sold | ||
| Sold | |||
| Oct 18, 2018 | No longer available | - | |
| No longer available | |||
| Jun 8, 2018 | Listed | $1,675,000 | |
| Listed | |||
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Imagine riding all day and returning in the evening for a dip in your resort stye pool!. Private Equestrian Retreat on Ten Acres in prime location offers fully functional equestrian facility with a 10 stall center isle barn and a 5300 square foot home. Completely fenced and gated, this property would be well suited for an equine therapy center, or a wonderful equestrian training facility. Situated in an ideal location just minutes to Wellington, Global Dressage and Polo venues, this unique and private property offers 6 bedrooms and bathrooms, 2 kitchens and a resort style courtyard pool with huge veranda overlooking pool and paddocks. All windows have rolladen or accordion shutters for easy hurricane preparation. The barn, with its own service entrance, also featurestwo air conditioned grooms quarters, tack room and feed rooms as well as a laundry room and half bath for easy care of your horses. Each stall has its own turnout and there is also a regulation size dressage arena and 4 paddocks plus a grass riding arena. Plenty of room for expansion with up to 40 stalls allowed. Create your dream farm today!! The manager has listed the unit size as 5360 square feet.
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| Dec 15, 2017 | Listed by Engel & Volkers Wellington | $1,675,000 | |
| Listed by Engel & Volkers Wellington | |||
| Jul 30, 2017 | Listed | $1,600,000 | |
| Listed | |||
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''Equestrian Resort'' - 10 acres. Home wraps a spacious Pool/Spa & entertaining Covered Deck. Split bedroom plan, all rooms are private. Game/Media Room with Bar/Kitchen set up. Private Gated entry to Home.(10) stall Breezeway Barn w/ 2 apts. Dressage Ring. Feed & tacks rooms, laundry room & 1/2 bath. Fenced turn outs from stalls as well. Service entrance for Barn. Updated Kitchen new counters. PRICED TO SELL! (10) acre EQUESTRIAN FACILITY, ''Resort Style'' Will Considered LEASE @ $20,000. per mos., min (3) months.PRICED BELOW REPLACEMENT COSTS!!The manager has listed the unit size as 5370 square feet.
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About Loxahatchee Groves
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017