41 HACKETT ROAD
About This Property
The INDOOR RIDING ARENA is a dream, measuring approximately 180x60, complete with skylights and sliding doors, and offering direct access from the barn. Adjacent covered areas provide excellent storage for tractors and equipment. Outside, you'll find multiple fenced pastures with run-in sheds, two outdoor arenas (one with lighting), and a pond, all surrounded by serene open land. An abundance of wildlife, unmatched privacy, and a peaceful, tranquil setting make this property a true sanctuary, perfectly located on Hackett Road in scenic Salem County. Whether you're an equestrian professional, trainer, breeder, or someone seeking an extraordinary country estate, this is a rare and remarkable offering. Pre-qualified buyers only. Property is being sold in AS IS Condition. Rarely does a property of this caliber come to market-this is your chance to own a legacy equestrian farm in an unmatched setting.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 25, 2026 | Sold | ||
| Sold | |||
| Jan 20, 2026 | In contract | - | |
| In contract | |||
| Jan 14, 2026 | Listed by BHHS Fox & Roach-Mullica Hill South | $899,000 | |
| Listed by BHHS Fox & Roach-Mullica Hill South | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017