Nestled on 2.60 acres in the highly sought-after Paddock Park 2,
this ultra-private two-story estate offers 7 bedrooms and 5.5
bathrooms with a thoughtfully designed layout ideal for family
living, entertaining, and equestrian lifestyle. Set on a quiet
street, close to Wellington International show grounds and with
direct bridle path access this is an ideal property for equestrian
use. It features timeless interiors with mahogany floors, a
chef's kitchen, maids quarters, gym, and expansive living spaces.
Outdoors, enjoy a resort-style saltwater pool, full outdoor
kitchen, lush privacy landscaping, and unique amenities including a
basketball court, koi pond, and garden beds - all supported by
top-tier upgrades like a new roof, full-house generator, impact
glass, and advanced home systems. One of the largest single lots in
the neighborhood allows plenty of extra room for a barn, equestrian
features or other exterior features to suit your needs. The
residence showcases timeless design with rich mahogany wood floors,
a classic and inviting aesthetic, and thoughtfully curated finishes
throughout. The spacious layout includes custom upgrades throughout
such as a dedicated home gym, chef's kitchen and an oversized gas
fireplace that anchors the main living space. Car enthusiasts and
families alike will appreciate the stately gated entrance leading
to an impressive marble fountain and circular driveway, with an
attached 3-car garage and additional 2-car garage. The
outdoor setting is surrounded by mature, designer landscaping with
lush clusia and ficus hedges providing exceptional privacy. Enjoy
resort-style living with a fully updated saltwater pool featuring
new decking, a new heater, and refined finishes. The expansive
outdoor kitchen is powered by propane and ideal for entertaining.
Additional features include a half court basketball court with
stadium lighting, koi pond, fountain, mango and guava trees,
irrigated vegetable garden beds, electric dog fencing and even a
dedicated dog house. This property is equipped with
top-tier systems for comfort and peace of mind, including a
full-house generator, impact glass throughout, a new roof (2024),
five A/C zones, clean-air UV lighting in all A/C units, reverse
osmosis water system, attic decking for added storage, 7 inch
seamless gutters, RV hookup with septic, and an ADT alarm and Ring
camera system. A rare opportunity to own a private,
well-appointed estate in one of Wellington's most sought-after
communities.
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.
Interior Features: Wet Bar, Breakfast Bar, Built-in Features, Cathedral Ceiling(s), Entrance Foyer, Eat-in Kitchen, High Ceilings, Other, Attic, BreakfastArea, Bathtub, ClosetCabinetry, DiningArea, SeparateFormalDiningRoom, DualSinks, FamilyDiningRoom, GardenTubRomanTub, JettedTub, KitchenDiningCombo, LivingDiningRoom, CustomMirrors
Appliances: Cooktop, Dryer, Dishwasher, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Freezer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Washer, Electric Range, Electric Water Heater, Free-Standing Freezer, Freezer, Gas Cooktop, Disposal, Ice Maker, Microwave, Oven, Water Purifier Owned, Range, Refrigerator, Water Softener Owned, Water Softener
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