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2389 KING Terrace
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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 |
|---|---|---|---|
| Sep 8, 2026 | Listed by Engel & Volkers Wellington | $7,400,000 | |
| Listed by Engel & Volkers Wellington | |||
| Oct 1, 2023 | No longer available | - | |
| No longer available | |||
| Apr 24, 2023 | Listed | $8,500,000 | |
| Listed | |||
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Experience the ultimate equestrian lifestyle in Saddle Trail with this 3-barn, 30-stall facility constructed in 2015. This professional farm is designed with the utmost care and attention to detail, boasting an Olympic all-weather sub-irrigated ring, grass jump field, 6-horse Kraft covered walker, and detached storage garage. The property itself features a 5-bedroom, 3.5 bath pool home situated on over 6 acres of land. Located in a quiet cul-de-sac along the bridle path, just a short distance from WEF, this property is ideal for serious professionals seeking the best available equestrian amenities. Features include Nelson Automatic Waters, Rower & Rub bamboo wood stalls, solar tunnel lighting, and a separate riders lounge, complete with an office and bar.
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| May 7, 2014 | Listed by Equestrian Sotheby's International Realty Inc. | $2,850,000 | |
| Listed by Equestrian Sotheby's International Realty Inc. | |||
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About Saddle Trail Park of Wellington
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$6,500 /mo
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$5,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017