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3899 Shutterfly Way
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 |
|---|---|---|---|
| Sep 30, 2026 | Listed by Douglas Elliman Wellington | $5,799,000 | |
| Listed by Douglas Elliman Wellington | |||
| Apr 29, 2026 | Price Decreased |
$5,675,000
↓ $324K
(5.4%) | |
| Price Decreased | |||
| Feb 26, 2026 | Price Decreased |
$5,999,000
↓ $501K
(7.7%) | |
| Price Decreased | |||
| Sep 16, 2025 | Listed by Douglas Elliman Wellington | $6,500,000 | |
| Listed by Douglas Elliman Wellington | |||
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Rare 4.38 acre parcel located within the prestigious gated community of Grand Prix Village South. This stunning property is beautifully landscaped and features a state-of-the-art all weather arena, 8 lush grass paddocks and grooming/ wash stalls. 3899 Shutterfly Way offers the ideal canvas to build your dream equestrian stable in an elite location. Westerly views and easy access to both WEF show grounds and the scenic trails of Palm Beah Point make this a very special opportunity. Grand Prix Village South is known for its location with direct access to the horse show, impeccable grounds and proximity to top competition arenas. This is the ideal setting for the serious equestrian.
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| Nov 14, 2020 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017