285 Hill 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 |
|---|---|---|---|
| Aug 4, 2026 | No longer available | - | |
| No longer available | |||
| Jun 24, 2026 | Price Decreased |
$2,250,000
↓ $445K
(16.5%) | |
| Price Decreased | |||
| Mar 10, 2026 | Listed by Howard Hanna Rand Realty | $2,695,000 | |
| Listed by Howard Hanna Rand Realty | |||
| Jan 1, 2026 | No longer available | - | |
| No longer available | |||
| Jun 19, 2025 | Listed by Reliable Realty Group | $2,999,999 | |
| Listed by Reliable Realty Group | |||
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Great potential to embrace an equestrian lifestyle with immediate income producing potential. This Training Center features 29 acres of sprawling green grounds and incredible views. As you pass through the gated entrance, you will experience a world of equestrian wonder. The main barn boasts 13 stalls and an attached 75'x133' indoor arena with sprinkler system, over $500,000 cost. Two large outdoor wash stalls with attached paddock and three outdoor stalls with one indoor wash stall both equipped with convenient hot and cold water access. The lower barn further enhances the facilities with 15 stalls and an outdoor wash stall. There are 5 outdoor stalls thoughtfully paired with attached paddocks and an additional water access. The presence of 3 run-in sheds and 21 paddocks ensures that your horses have plenty of space to roam and relax. Whether it's dressage or jumping the two outdoor riding arenas both with sprinkler systems and footings are perfect for refining your equestrian skills. The main home is 6460 Colonial featuring 5 bedroom, 5 full baths, 2 kitchens and the list goes on. Come make it your dream home
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017