14750 Equestrian Way
About This Property
See continued remarks... Exceptional Equestrian Property with professional style 16 stall center aisle barn just minutes from the WEF showgrounds. Built with high end materials throughout, this durable construction is great for a family operation or an income producing investment. Perfect for sharing, the barn layout is a mirror image on each side, with 2 tack rooms each with half bath, 2 feed rooms, 2 grooming stalls and 4 wash racks.
The incredibly well-engineered site plan gives all the amenities one would need for a complete, professional show barn operation.
The 4.17 acre property and large sand arena are very high and dry, having been raised up above surrounding properties, and comes complete with 4 -horse walker, 11 paddocks and 2 grooms apartments; each 1 bed/1 bath.
The lovely main house offers 3 bedrooms and 2.5 bathrooms and is tiled throughout, with open kitchen and floor plan. In addition, the property offers plenty of secluded parking for RV or horse trailer(s).
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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.
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.
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About Saddle Trail Park of Wellington
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$8,500 /mo
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$8,499 /mo
- 4 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017