1472/1538 E Road
About This Property
PARCEL 1- 1472 E RD, 5/4.1 POOL HOME ON 10 ACRES, EXOTIC FRUIT TREES, 5 ROOM CBS ACCESSORY BUILDING. SEE MLS LISTING FOR MORE PICS RX-10313758
PARCEL 2- 1538 E RD, 3/2 1999 PERMITTED MANUFACTURED HOME ON 10 ACRES, EXOTIC FRUIT TREES. NEVER WORRY ABOUT SEASONAL ACCOMMODATIONS AGAIN, PLENTY OF ACCOMMODATIONS FOR OWNERS, TRAINERS AND STAFF. 20 ACRES TO BUILD A GRAND HORSE FARM, MULTIPLE ARENAS, BARNS, QUARANTINE & BREEDING BARNS, UNLIMITED PADDOCKS AND A TRACK AROUND THE PERIMETER.
ONLY 1.7 MILES TO WELLINGTON HS & POLO VENUES. IF YOU WERE ANY CLOSER YOU'D BE PAYING WELLINGTON TAXES, IMPACT FEES AND DEALING WITH EXPENSIVE RULES AND REGULATIONS. THE OPTIONS ARE LIMITLESS. AG CLASSIFICATIONS ON BOTH PROPERTIES, START BUILDING
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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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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 26, 2023 | Sold | ||
| Sold | |||
| Feb 6, 2023 | Listed by Saddle Trails Realty Inc | $4,995,000 | |
| Listed by Saddle Trails Realty Inc | |||
| Feb 2, 2023 | No longer available | - | |
| No longer available | |||
| Nov 22, 2022 | Price Decreased |
$5,250,000
↓ $700K
(11.8%) | |
| Price Decreased | |||
| Aug 25, 2022 | Listed by Partnership Realty Inc. | $5,950,000 | |
| Listed by Partnership Realty Inc. | |||
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Complete Polo Farm, minutes from Wellington's Int'l Polo Venues. 12 acre polo field, installation supervised by Hugo Lloret, laser graded twice, the grass is TifTurf same as IPC fields. 2019- 40 stall center aisle barn, 2 tack rooms, 2 feed rooms, 4 wash racks, 7 paddocks, 3/2 mobile home for staff. This property is currently 2- 10 acre parcels including a unique 2 story 5/5.1 Pool Home, large bedrooms, separate quarters for staff, parents or guests. Impressive 20' ceilings and 2nd story huge loft for game room/ office/art studio & additional attic space. Enjoy the fruit of the mature exotic trees on property, leeches, longan, carambola etc. The equestrian possibilities are endless as this property can support many equestrian disciplines. Must see The manager has listed the unit size as 3606 square feet.
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About Loxahatchee Groves
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Saddle Trails Realty Inc
Last Updated: 4 months ago
Data Source: Beaches MLS, MLS# R10381338
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017