19-23 Roberts Road
About This Property
A separate guest house offers soaring ceilings in the living room with a fireplace, two bedrooms, and two full bathrooms. It is perfect for extended family or live-in help and connects directly to the barn and stables.
Designed for equestrian living, the property includes a 12-stall horse barn complete with attic and loft space, as well as a 10,000 square foot warehouse/greenhouse suitable for storage or agricultural use. Expansive open land provides ample space for horses, crops, or other ventures. A long private driveway enhances the seclusion and privacy of this extraordinary estate.
Located in a quiet and prosperous area with top-rated schools, convenient access to major highways, and proximity to New York City, this property combines tranquility with convenience. Properties of this size, flexibility, and potential rarely come to market don't miss your chance to own this exceptional Millstone estate.
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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 |
|---|---|---|---|
| Mar 31, 2026 | Listed by EXP Realty | $2,990,000 | |
| Listed by EXP Realty | |||
| Jan 10, 2025 | Price Decreased |
$1,299,999
↓ $1
(0%) | |
| Price Decreased | |||
| Oct 23, 2024 | Listed | $1,300,000 | |
| Listed | |||
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Discover a unique opportunity on 9.24 farm-assessed acres, offering endless possibilities for agriculture, development, and income production. This property features a 10,000 sq. ft. state-of-the-art agricultural building, fully equipped with electric, water, and gas, and designed with R-17 insulation. The building includes 6'' concrete flooring with a specialized drainage system throughout, and its 17+ ft. ceilings allow for up to 16 grow rooms. An oversized garage door provides convenient access for large equipment. This versatile estate is a rare find, combining modern farming facilities, flexible zoning, and a serene rural setting. It's an exceptional opportunity for agricultural enthusiasts, investors, and developers alike.
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About Monmouth
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017