Fabulous 5-acre equestrian property. Including a 4-bedroom home
with 3 bathrooms plus 1 bed & 1 bath outside home, 16 stalls, 10
paddocks, and large GGT arena located in the highly desirable gated
community of Deer Run! This turn-key property is made by a Five
Star Builder whom designed a newer 12-stall center-aisle barn with:
tack room, laundry/feed room, new office/lounge with a full
bathroom. The barn amenities are complete with air-conditioning.
The 130x200 All Weather arena features premium GGT footing and
instant drainage for riding rain or shine. The arena and all 10
paddocks are fully irrigated. The back of the property has an
additional 4-stall shed-row style barn with an oversized foaling
stall... The charming and unique two-story farmhouse features 4
bedrooms, 3 full bathrooms. The main level offers 2 bedrooms, a
full bath, laundry room/pantry, farmhouse style kitchen, an open
concept living area and formal dining room. Upstairs features a
loft and 2 master suites each complete with their own bathrooms and
picturesque views of the property. The outside living area boasts a
fully screened, in-ground, heated pool and hot tub, as well as an
expansive covered deck and bar area overlooking the park-like
setting. This unique one of a kind equestrian property won't last
long!
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.
Charming and unique 4 bedroom 3 bath updated Farmhouse on 5+ acres with pool, 16 stalls, 10 paddocks, 130'x200' all weather GGT riding arena and miles of riding trails! Located in the sought after gated equestrian community of Deer Run, which offers both privacy and convenience. Deer Run has over 20 miles of riding trails, all paved roads, A+ Wellington schools, is hacking distance to White Fences horse show, and minutes to shopping and WEF horse show venues. This peaceful and comfortable equestrian estate features a 4,300+ square foot newly built main barn with European Stall fronts, air conditioned tack and feed rooms with washer/dryer, trainers/grooms living quarters, and an amazing 130'x200' GGT all weather arena. Property is fully fenced and irrigated with 10 paddocks... The manager has listed the unit size as 2379 square feet.
By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from realtor.com and others about your inquiry and other home-related matters, but not as a condition of purchase (More...)California Privacy Notice
By submitting your information, you agree RealtyHop can share your information with its network of real estate &
mortgage professionals (or through their agents) and consent to receive marketing emails, calls, & texts related
to your inquiry (including via automatic telephone dialing system, or artificial or pre-recorded voice technology)
from Movoto or their affiliates to the email address or number you provided.
By proceeding, you agree to our Terms of Service. California Privacy Notice
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017