13471 NW Highway 225
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 |
|---|---|---|---|
| May 29, 2024 | Sold | ||
| Sold | |||
| Apr 11, 2024 | In contract | - | |
| In contract | |||
| Mar 10, 2024 | Price Decreased |
$2,795,000
↓ $200K
(6.7%) | |
| Price Decreased | |||
| Mar 2, 2024 | Price Decreased |
$2,995,000
↓ $354K
(10.6%) | |
| Price Decreased | |||
| Aug 10, 2023 | Listed by KELLER WILLIAMS CORNERSTONE RE | $3,349,000 | |
| Listed by KELLER WILLIAMS CORNERSTONE RE | |||
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THIS IS AN AMAZING NEW PRICE FOR THIS PROPERTY!!
Possible Owner Financing*
Welcome to this 25+acre Equestrian Estate off the end of Millionaire's Row in Marion County's Horse Capital of the World. The 11 stall center aisle block barn is ready for your show horses with new paint, new stall doors, new beautiful barn doors with matching stall window shutters and all new rubber pavers. There's an inside wash stall, grooming stall, new half bath, new shower, new septic, tackroom, feed room and office with new tongue and groove ceilings. New barn driveway is shared with a brand new 30x50 shop with roll up doors, great for storing your tractor, trailer, jumps, hay, etc. There are a few huge pastures with lush grass, two auto waterers, a run in shed and plenty of room to add an arena. Across the pond with fountain is the 5,800 sq ft two story brick residence with 5 bedrooms, 4 full and 2 half baths, with first floor primary bedroom. A grand entrance with open foyer and wooden staircase. First floor primary with two walk in closets with built ins, soaking tub, large shower and his and her vanities. A chef's kitchen with granite countertops, two walk in pantries, eat in kitchen, island and bar seating. Huge lanai accessed through multiple rooms by french doors looks out on the saltwater pool with water feature and solar heating. This is a beautifully constructed home with high ceilings, thick intricate crown molding and ceiling medallions, textured walls and a stone fireplace. A truly elegant home and peaceful setting surrounded by horse farms. Less than 10 minutes to the WEC Jockey Club, 15 minutes to HITS and 20 minutes to the famous World Equestrian Center. This property sits in the highly desired NW quadrant and has so much to offer.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017