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14817 Paddock Drive
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 3, 2026 | Price Decreased |
$3,100,000
↓ $395K
(11.3%) | |
| Price Decreased | |||
| Jun 27, 2026 | Listed by EXP Realty LLC | $3,495,000 | |
| Listed by EXP Realty LLC | |||
| Jan 15, 2026 | Listed by CGI Realty | $3,980,000 | |
| Listed by CGI Realty | |||
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A rare opportunity to own a brand-new, never-lived-in luxury estate just minutes from Wellington's world-class equestrian venues. Now offered at $3.980M, this exceptional residence offers over 7,007 total square feet of refined living space. The home features five spacious bedrooms plus a dedicated office, six and a half bathrooms, pool and seamless indoor-outdoor living ideal for entertaining or everyday luxury. Designed for immediate occupancy, this move-in-ready property eliminates construction delays and delivers space, quality, and proximity to Wellington's premier equestrian lifestyle at a compelling new price point.
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| Jul 9, 2025 | Listed | $4,260,000 | |
| Listed | |||
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Step inside this exceptional 2025-built modern one-story estate in Wellington, where elegance meets contemporary design. Behind impressive double doors, you'll find 5 spacious bedrooms, 6.5 luxurious bathrooms, a private office, and a 3-car garage. The open layout is thoughtfully designed with exquisite finishes and expansive impact windows that frame stunning views of the lush backyard. At the heart of the home is a gourmet kitchen with premium Dacor appliances, a gas cooktop, and custom cabinetry, ideal for daily living and entertaining. For comfort and efficiency, the estate includes three central A/C units, an instant hot water system, and a well water irrigation system. Connected to city water and sewer, this home offers added convenience with no septic maintenance required. Located in the coveted village of Wellington, this residence places you within a world-renowned community celebrated for its equestrian excellence. Each winter season, global riders and enthusiasts gather here for elite events such as polo, show jumping, and dressage competitions. Residents enjoy access to top-rated public and private schools, fine dining, upscale boutiques, and effortless proximity to major highways and the vibrant lifestyle of Palm Beach.
Where modern luxury, world-class amenities, and equestrian tradition converge, this is more than a home, it's a lifestyle.
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| Jul 21, 2023 | Sold | ||
| Sold | |||
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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