Discover this exceptional 12-acre equestrian estate, ideally
located and thoughtfully designed for horses, recreation, and
modern ranch living. A stunning gated entrance welcomes you in.
Stunning 11 stall horse barn featuring 14 x 18 horse stalls,
classic equine waters, foam insulated, eight insulated, high-bay
doors, wash stall, tack room, tack-up area, and an attached flex
space with a one-bedroom, one-bath apartment that may also serve as
a comfortable lounge, office, or guest quarters. Additional
equestrian amenities include a covered six-horse Preifert panel
walker, lighted 150-by-200-foot outdoor riding arena, 6 large turn
outs. The four-bedroom, three-bath stone residence offers an
inviting blend of warmth, and comfort. Outside, enjoy a
resort-style chilled pool and an impressive collection of
recreational amenities, including a basketball court, baseball
field, horseshoe pits, and a fire pit-perfect for entertaining
family and friends. Additional features include a fully finished,
dedicated workout and gym area, high-speed internet throughout the
entire ranch, and a whole-property surround-sound system extending
to the home's exterior, baseball field, basketball court, and
riding arena. The Leviton smart-home and ranch automation system
provides convenient control of lighting and scheduled property
features. An extensive security-camera system offers coverage
throughout the ranch, including dedicated cameras monitoring each
individual horse stall for enhanced safety, security, and peace of
mind. This remarkable property combines luxury living, premier
equestrian facilities, advanced technology, and endless
opportunities for recreation-all within one beautifully maintained
ranch estate.
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.
Eye-catching 11.9-acre property south of Whitesboro features an attractive custom home, a 2-stall horse barn and fenced pasture. Built in 2007, the homes appealing design makes great use of its space and offers a main living area with vaulted ceiling and stone fireplace, an upstairs living area, 4 bedrooms and 3 full baths, plus wood floors, attractive interior colors and energy efficient upgrades. The land is set up for horses and includes an insulated horse barn with two-12x12 stalls with rear doors that open to a small pipe pen, concrete center aisle and a tack room plus a large fenced pasture, a smaller fenced lot currently used as an arena and good sandy loam soil. The manager has listed the unit size as 2245 square feet.
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Additional Parking, Circular Driveway, Electric Gate, Garage, Garage Door Opener, Garage Faces Front
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