1815 E Road
About This Property
1815 E Rd. (Back house with pool) was built in 2004.
The Living & AC Square footage fields are combined totals for the two homes.
Three addresses & parcel Control numbers included:
1815 E Rd. = PNC: 41-41-43-17-01-443-0010 (Back house - 10 Ac)
1885 E Rd. = PCN: 41-41-43-17-01-443-0030 (Front House - 5 Ac)
1877 E Rd. = PCN: 41-41-43-17-01-443-0020 (Riding Arena - 5 Ac)
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 20, 2022 | Sold | ||
| Sold | |||
| Sep 14, 2022 | No longer available | - | |
| No longer available | |||
| May 13, 2022 | Listed by Engel & Volkers Delray Beach | $1,850,000 | |
| Listed by Engel & Volkers Delray Beach | |||
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3Br/2Bth pool home with a den/office & split floor plan on 10 acres! Equestrian amenities include a 12 stall center-aisle barn with 2 wash racks, living quarters, tack, feed & laundry rooms. There are 3 RV electrical hookups and easy access off the south side of Okeechobee Blvd. This farm has everything you need in a prime location and minutes to all of Wellington's equestrian venues! The adjacent 10 farm & a 5 acre parcel can be purchased to create a 20-25acre compound - See MLS# RX- 10705569 & RX10800024. (Security cameras are leased and do not convey.) The manager has listed the unit size as 1967 square feet.
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| Apr 4, 2021 | Listed by Engel & Voelkers Delray Beach | $3,250,000 | |
| Listed by Engel & Voelkers Delray Beach | |||
Property Highlights
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About Loxahatchee Groves
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017