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3585 Olde Hampton Drive
About This Property
Plenty of grooms housing with 3 separate apartments adjacent to the main barn, two 4-bedroom, 2-bathroom apartments and one 2-bedroom, one bathroom managers apartment with a separate entrance. The second 8 stall barn comes with 8 brand new stalls, new grooming/wash areas, a feed/laundry room as well as a separate tack room and bathroom that allows for two separate operations. On top of the second barn, you'll find a completely renovated owners' apartment with 3 bedrooms and 2.5 bathrooms. All 3 bedrooms and the living room have spacious balconies with serene views of the water surrounding the south end of the property. With 3 separate, updated gated entrances it's easy to keep traffic at a minimum. The entire property is covered by an upgraded security camera system including night vision cameras and remote monitoring from your cell phone. Never drop a phone call thanks to the recently added high speed internet across the property.
DISCLAIMER: All information provided to you regarding this Property by Realtor and her associates has been obtained from third parties such as the Multiple Listing Service, public records and other sources. All Buyers should independently verify all information provided regarding this Property. The Sellers, Realtor and Broker make no representation as to the accuracy of this information. All Buyers should perform their own independent due diligence regarding this Property before executing a Contract for Sale and Purchase for this 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 |
|---|---|---|---|
| May 16, 2025 | Sold | ||
| Sold | |||
| Apr 3, 2025 | In contract | - | |
| In contract | |||
| Jan 24, 2025 | Listed by Douglas Elliman (Wellington) | $28,500,000 | |
| Listed by Douglas Elliman (Wellington) | |||
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This prestigious property is one of the largest farms in Grand Prix Village. A total of 3 lots covering over 14 acres with lush landscaping throughout, creates the perfect private oasis, right around the corner from the horse show. All roofs were replaced with gorgeous black, slate look tile in 2023. All the buildings were painted in a fresh white color that pops with the green landscape, and handmade cobblestone driveways and aisles. Plenty of room for all your horses with two barns, totaling 28 stalls. The main barn is centered around a beautiful courtyard and with 4 new grooming areas added to the previously existing 3 wash stalls, all the daily hustle and bustle is kept together, leaving the 20 refinished Loddon stalls quiet and peaceful for the horses to relax in. The feed room
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| May 1, 2023 | Sold | ||
| Sold | |||
| Dec 17, 2021 | Listed by Douglas Elliman Wellington | $29,900,000 | |
| Listed by Douglas Elliman Wellington | |||
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Offered for sale for the first time. This is your opportunity to own one of the biggest farms in Grand Prix Village. This absolutely stunning facility has mature landscaping and ultimate privacy, with 3 gated entrances and security cameras throughout the property. Consisting of 3 parcels totaling 14.15 acres and located a mere 2/10ths of a mile to PBIEC showgrounds. No detail has been overlooked in this beautifully custom created farm. The main courtyard barn with 20 matted, Loddon stalls provides a comfortable, peaceful environment for your horses. Thoughtfully laid out 10 bedroom staff housing including a separate managers apartment. Horse amenities include: a 60' covered walker, a 150'x250' Bermuda mix grass jumping field and a 120'x270' sand arena with exceptional drainage. SEE MORE>> There is a separate, spacious 7 stall barn that is currently being used for storage, but can easily be converted back. Above, you'll find a 3 bedroom/3 bathroom penthouse with each bedroom having its own balcony.
DISCLAIMER: All information provided to you regarding this Property by Realtor and her associates has been obtained from third parties such as the Multiple Listing Service, public records and other sources. All Buyers should independently verify all information provided regarding this Property. The Sellers, Realtor and Broker make no representation as to the accuracy of this information. All Buyers should perform their own independent due diligence regarding this Property before executing a Contract for Sale and Purchase for this Property.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017