17885 NE 2ND PLACE
About This Property
The property features a riding arena, a covered riding area, a 7-stall barn, and a hot walker, providing excellent infrastructure for training and daily care. A separate pole barn adds valuable additional storage or utility space.
A barn apartment and a separate cottage, both currently leased and income-producing, offer immediate revenue potential and flexibility for staff housing, guests, or future owner use.
The updated main home is warm and inviting, featuring a wood-burning fireplace, open floor plan and modern improvements throughout. A huge 30'x30' workshop with lean-tos provides ample space for equipment storage and could easily be converted into additional stalls, allowing for easy expansion of the equestrian operation.
The entire property is gated for privacy and security, and its prime location makes it a truly standout opportunity for a turnkey equestrian facility with built-in income.
Conveniently located within easy distance to World Equestrian Center, HITS, Black Prong Equestrian Village, Goethe State Forest, as well as multiple trailheads. Remote to Ocala, Gainesville, Chiefland, Dunnellon and Crystal River as well as the entire Nature Coast. Come check it out and find your place in the Sun!
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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, 2026 | Price Decreased |
$799,000
↓ $26K
(3.2%) | |
| Price Decreased | |||
| Mar 8, 2026 | Price Decreased |
$825,000
↓ $25K
(2.9%) | |
| Price Decreased | |||
| Feb 18, 2026 | Price Decreased |
$849,900
↓ $25K
(2.9%) | |
| Price Decreased | |||
| Dec 20, 2025 | Listed by COOKIE KING REAL ESTATE, INC | $875,000 | |
| Listed by COOKIE KING REAL ESTATE, INC | |||
| Oct 2, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017