Exceptional new construction equestrian estate The property
features single-family home and a fully equipped horse facility
with 12 stalls, rider's lounge with guest room, 1.5 baths, office,
laundry, tack room, and a covered arena with lighting and training
mirror.The main residence offers 4 bedrooms, a den/office, and an
open-concept design. The gourmet kitchen boasts Taj Mahal quartz
countertops, Thermador appliances, induction cooktop, custom-panel
refrigerator, and custom pantry. custom closets, ceramic
tile, impact windows and doors, and a whole-house reverse osmosis
system.Outside, enjoy a pool and spa, outdoor kitchen with BBQ and
wine cooler, paver walkways, and a fully fenced property with gated
entrance, combining luxury living with an exceptional equestrian
lifestyle. WHITE FENCES EQUESTRIAN ESTATES GATE code is 5698.
Seller will pay 6 months of HOA after purchase.
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.
Parking Features: Attached, Driveway, Garage, Garage Door Opener, Open
Garage Spaces: 3
Interior Details
Half Bathrooms: 1
Full Bathrooms: 4
Interior Features: High Ceilings, Kitchen Island, Soaking Tub, Walk-In Closet(s), BreakfastArea, Bathtub, ClosetCabinetry, DiningArea, SeparateFormalDiningRoom, KitchenDiningCombo, MultiplePrimarySuites, MultipleEnSuiteBathrooms, SeparateShower, TubShower
Appliances: Cooktop, Dishwasher, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Freezer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Washer, Electric Cooktop, Microwave, Oven, Refrigerator, Washer
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