45
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2040 Galloway Trail
About This Property
Shared Barn
Features include tack room, feed room, laundry room, wash/grooming area and new bathroom. This farm is equipped with 12 paddocks, brand new 243 x184 arena with irrigation guns, Discount Dirt Works all weather ring, PVC fencing with built in electrical, and water purification system for the entire property.
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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.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 1, 2025 | Listed by Equestrian Sotheby's International Realty Inc. | $10,000 | |
| Listed by Equestrian Sotheby's International Realty Inc. | |||
| Jun 20, 2024 | No longer available | - | |
| No longer available | |||
| Sep 12, 2023 | Price Decreased |
$10,149,000
↓ $751K
(6.9%) | |
| Price Decreased | |||
| Mar 19, 2023 | Listed by Equestrian Sotheby's International Realty | $10,899,900 | |
| Listed by Equestrian Sotheby's International Realty | |||
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Rare opportunity to own 8.2 acres in Saddle Trail Park! 14 stalls total...First barn features 9 stalls, tack room, feed room, laundry room, wash/grooming area and new bathroom. Second barn features 5 stalls, tack room, laundry room, storage and bathroom. This farm is equipped with 12 paddocks, brand new 243 x184 arena with irrigation guns ( Discount Dirt Works ) PVC fencing with built in electrical, separate 2 stall barn, and water purification system for the entire property, 1.76 acres has been completely cleared with irrigation system. All engineering and site work has been completed for an additional residence and new barn. Existing 3 bedroom/2.5 bath home with office has been fully renovated, 2 wood burning fireplaces, impact windows etc. New roofs on house and barns! The manager has listed the unit size as 2662 square feet.
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| Jan 5, 2016 | Sold | ||
| Sold | |||
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About Saddle Trail Park of Wellington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017