2005 BENNETT Road
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 |
|---|---|---|---|
| Sep 16, 2026 | Price Increased |
$2,875,000
↑ $75K
(2.7%) | |
| Price Increased | |||
| Jul 22, 2026 | Price Decreased |
$2,800,000
↓ $150K
(5.1%) | |
| Price Decreased | |||
| Jul 22, 2026 | Listed by HERRON REAL ESTATE LLC | $2,950,000 | |
| Listed by HERRON REAL ESTATE LLC | |||
| Jul 7, 2026 | Price Decreased |
$3,150,000
↓ $250K
(7.4%) | |
| Price Decreased | |||
| Apr 16, 2026 | Listed by HERRON REAL ESTATE LLC | $3,400,000 | |
| Listed by HERRON REAL ESTATE LLC | |||
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*Limited time at this price* Motivated Seller! Set on over 19 pristine acres, 2005 Bennett Road offers a rare blend of luxury living and premier equestrian amenities in St. Augustine. This fully renovated estate features a fully renovated brick home with 4 bedrooms, 3.5 baths, cathedral knotty pine ceilings, and rich hardwood floors. Designed for both comfort and function, the property includes a 28-stall barn with new and oversized stalls, fans, mats, plus 15 lush paddocks, 11 with run-in shelters. A large arena with premium footing and drainage supports optimal training conditions. Five wash stalls, new water systems, updated roofs, and a lightning protection system add peace of mind. 500 Sqft Tack room with bathroom and laundry off barn with a 2 bed 1 bath apartment! Enjoy a private creek, scenic bridge, and expansive grounds offering privacy and income potential, all just minutes from top-rated schools, shopping and dining.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017