14980 W Highway 318
About This Property
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What does this mean?
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 30, 2024 | Sold | ||
| Sold | |||
| Oct 16, 2023 | In contract | - | |
| In contract | |||
| Oct 16, 2023 | Price Decreased |
$2,199,999
↓ $200K
(8.3%) | |
| Price Decreased | |||
| Feb 20, 2023 | Listed by COMPASS FLORIDA, LLC | $2,400,000 | |
| Listed by COMPASS FLORIDA, LLC | |||
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Income Producing, Turn-Key Training/Boarding facility with a 2000+ sq. ft. pool home. This gorgeous, manicured property has more amenities than one could ever ask for, and is a complete property, with three barns boasting 35 stalls, a 3 bedroom, 2 1/2 bath charming farmhouse, two arenas, three wells, three septics, a jump field and 21 paddocks, you and your horses will want for nothing. All paddock fencing is new within the past two years, two 13-stall block barns constructed in 2022 are complete with bathroom, laundry, their own electric meter, well, septic and two RV parking pads each. The 12x12 stalls are equipped with auto-waterers, fans, mats and hurricane shutters. Both barns can be completely isolated from storms with roll-up doors at each end. The matted grooming areas have hot/cold wash racks and a 100'x200' sand/clay arena sits just outside of the barns. Two concrete shavings bins service the lower barns and a hacking trail connects the barns to the conditioning/jump field in the back half of the property. The house and 9 stall barn sit at the top of the property. We love the farm-house charm, with vaulted tongue and groove wood ceilings, an open, split floor plan, french doors that lead to the screened in Lanai and pool, indoor laundry and a beautiful kitchen with granite counters, stainless appliances, gas range and an eat-in extended bar. The Owner's Suite has room for a King bed and dresser, a giant walk-in closet, and bright, airy bathroom with jetted tub, walk-in shower and dual sinks. The private barn by the house was completely renovated in 2021, new electrical, fans, concrete stalls with mats, hot/cold water wash rack, circular drive for shipping vans and fresh paint. The lean-to off the back has 5 bays for equipment and hay storage and a 100'x100' is easily accessed from this barn. This exquisite horse property sits within 10 minutes of the New World Equestrian Jockey Club, 15 minutes to HITS, 25 minutes to World Equestrian Center, Majestic Oaks and Black Prong Equestrian Center. No matter what discipline you're involved with, there is a major show facility nearby.
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| May 18, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017