8
Map
16501 Deer Path Lane
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 |
|---|---|---|---|
| May 30, 2025 | Sold | ||
| Sold | |||
| Apr 11, 2025 | In contract | - | |
| In contract | |||
| Mar 20, 2025 | Listed by Equestrian Sotheby's Internati | $1,995,000 | |
| Listed by Equestrian Sotheby's Internati | |||
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Tucked away in the highly desirable Rustic Ranches community, this thoughtfully crafted 5-acre estate offers a perfect blend of luxury, practicality, & peaceful living—featuring over 5,000 total square feet. Located minutes from Wellington preserve and only a five-minute golf cart ride to Wellington International, it offers unmatched convenience. Prefer to hack to the show grounds? The 20-minute hack is the perfect amount of time to loosen your horse's muscles for their job ahead.
At the heart of the estate sits a tastefully renovated 3-bedroom, 3-bath pool home, where elegance meets modern convenience. This smart home features a Waterworks saltwater pool and spa, enhanced with custom LED lighting, elegant fountains & a sun shelf—perfect for soaking up that sought-after sun-kissed glo The chef's kitchen is designed to impress even the most discerning cook, featuring top-of-the-line appliances, quartz countertops, and a striking Onyx island, all beautifully accented by marble flooring throughout. After selecting a perfectly chilled bottle from your Sub-Zero wine cooler, follow the warmth of the real wood floors to the primary suite, where an oversized Waterworks spa tub invites you to unwind.
Equestrians will appreciate the existing 40 x 60 structure which is already equipped with water, electric, and ventilation, allowing for an easy conversion into an 8-stall barn with a tack room, feed room, and ample storage.
Prefer to build your own? No problem. This property is thoughtfully laid out with a top-tier equestrian facility in mind, offering ample space to add a barn, ring, paddocks, and other essential amenities.
Whether you choose to customize the current infrastructure or design a fully tailored facility, this estate offers limitless potential for the equestrian enthusiast. Car, RV, and boat enthusiasts will also find plenty to appreciate here.
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| Jun 3, 2024 | No longer available | - | |
| No longer available | |||
| Apr 29, 2024 | Relisted | $2,495,000 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017