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14334 Wellington Trace
About This Property
At the center of the compound is an elegant main residence offering 4 well-appointed bedrooms, including an expansive primary suite, with huge dual closets along with a gym and an office. Resort-style living continues outdoors with a serene courtyard, covered patio, pool, outdoor kitchen - combining privacy, comfort, and everyday functionality. The property contains an abundance of additional accommodations, including a three-bedroom apartment, a two-bedroom apartment, and a large one-bedroom studio. These versatile living spaces are ideal for riders, trainers, guests, or staff, further supporting the property's strong rental track record.
From the backyard, protected views create the feeling of sitting on acres and acres of lush, landscaped grounds, offering a peaceful and tranquil setting for both humans and horses. The sense of space and serenity is truly unmatched.
Equestrian facilities include a 21-stall LAAKE barn with oversized custom stalls, a recently constructed covered arena with premium ESI footing, 10 paddocks, and generous acreage to expand if desired. Both the main residence and barn feature new roofs, complemented by impact windows and doors, a new RO system, and newly resurfaced driveway and pool. Mature landscaping, including striking Hong Kong Orchid trees, enhances the property's established and picturesque appeal.
This is a fantastic and unique opportunity to acquire a well-established equestrian compound with powerful income-producing potential and an unmatched Wellington location.
DISCLAIMER: All information provided to you regarding this Property by the realtor and her associates has been obtained from third parties such as the Multiple Listing Service,
public records and other sources. All Buyers should independently verify all information provided regarding this Property. The Seller, Realtor and Listing broker make no representation as to the accuracy of this information.
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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.
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About Paddock Park of Wellington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017