85
Map
$4,400,000
●
House -
Off Market
4700 Stables Way
Wellington, FL 33414
5 Beds
4 Baths,
2
Half Baths
2,818 Ft²
$6,956,769
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model
About This Property
Prime property positioned in Palm Beach Point East, this 5-acre
equestrian estate has recently undergone a thorough renovation.
This property enjoys direct land access to the bridle path that
leads to WEF, which is just a short hack away. This well-appointed
18-stall barn includes two offices each with a kitchenette,
half-bath, and attached tack rooms, two laundry rooms with built-in
storage, a one-bedroom grooms' apartment with kitchenette, and a
storage room with built-in cabinetry. The second level of the
building houses two separate living quarters, both an owners'
apartment and an additional grooms' apartment; each of which
includes two bedrooms and two bathrooms. The grounds of the
property include a Riso fiber arena, 10 paddocks, and a spacious
storage garage.
Unit Size
2,818 Ft²
Days on Market
1149 days
Land Size
5.00 acres
Price per sqft
$1,879
Property Type
House
Property Taxes
$1,568
HOA Dues
-
Year Built
2003
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 4 months ago (Beaches MLS #R10376709)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 15, 2021 | Sold | ||
| Sold | |||
| Jan 27, 2021 | Listed by Van Amburgh Properties LLC | $285,000 | |
| Listed by Van Amburgh Properties LLC | |||
| | |||
|
Prime property positioned in Palm Beach Point East, this 5-acre equestrian estate has recently undergone a thorough renovation. This property enjoys direct land access to the bridle path that leads to WEF, which is just a short hack away. This well-appointed 18-stall barn includes two offices each with a kitchenette, half-bath, and attached tack rooms, two laundry rooms with built-in storage, a one-bedroom grooms' apartment with kitchenette, and a storage room with built-in cabinetry. The second level of the building houses two separate living quarters, both an owners' apartment and an additional grooms' apartment; each of which includes two bedrooms and two bathrooms. The grounds of the property include a Riso fiber arena, 10 paddocks, and a spacious storage garage.
| |||
| Dec 23, 2020 | Sold | ||
| Sold | |||
| May 24, 2019 | No longer available | - | |
| No longer available | |||
| Sep 27, 2018 | Price Decreased |
$6,495,000
↓ $355K
(5.2%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Status
Status
Type
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Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Palm Beach Point East
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Listed by: Carol A Sollak PA
Engel & Volkers Wellington
Last Updated: 4 months ago
Data Source: Beaches MLS, MLS# R10376709
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
Engel & Volkers Wellington
Last Updated: 4 months ago
Data Source: Beaches MLS, MLS# R10376709
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