502 Rambling Drive (Barn) Circle
About This Property
ALSO STILL AVAILABLE IS THE FARMHOUSE see RX-10843751- 5 bedrooms, 3 bathrooms, & self contained grooms studio apartment, 2 kitchens, a large laundry room, resort style pool with fire pit. Offered at: $24,500 pm
Little Ranches equestrian community is located just off of Southern, and is a 15 min. drive to WEF.
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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%.
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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.
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 |
|---|---|---|---|
| Jan 30, 2026 | Price Increased |
$1,400,000
↑ $25K
(1.8%) | |
| Price Increased | |||
| Jan 26, 2026 | Price Increased |
$1,375,000
↑ $75K
(5.8%) | |
| Price Increased | |||
| Jan 10, 2026 | Listed | $1,300,000 | |
| Listed | |||
| | |||
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Expansive estate property situated on over two acres of land, offering privacy, space, and versatility. The residence features multiple living levels, wood flooring, and generous interior volumes throughout. Outdoor amenities include a resort-style pool and extensive parking capacity, including a detached garage suitable for multiple vehicles. The grounds allow for a wide range of uses and enjoyment, creating a rare opportunity for a large-lot residential setting.
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| Dec 1, 2024 | No longer available | - | |
| No longer available | |||
| Sep 24, 2024 | Relisted | $1,297,000 | |
| Relisted | |||
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About Palm Beach Little Ranches
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017