7191 NE 150TH AVENUE
About This Property
The custom 3-bedroom, 2.5-bath log home features a wraparound porch overlooking the farm, soaring ceilings, live-edge wood trim, wood and tile flooring, and a chef's kitchen with granite, stainless appliances, and gas range. A 4-bay, 12' high carport with two tandem bays provides excellent space for trucks, trailers, equipment, and vehicles. Separate fenced/gated yard provides a secure area for pets.
Designed for serious equestrian use, the property includes a 12-stall center-aisle barn with mats, foaling-stall option, full bath, laundry, and climate-controlled tack room, plus a 4-stall shed-row barn with large storage room. Training facilities include an irrigated 150' x 250' GGT all-weather arena with full subsurface drainage, 150' x 200' irrigated sand arena, and 60' round pen. Trails are accessible from the rear of the property.
Additional equine infrastructure includes 8 paddocks, 5 pastures with no-climb fencing and top board, 2 large run-ins, oversized run-in convertible to 6 additional stalls, 4 wash stalls with hot/cold water, dual 30/50-amp RV hookups with septic, 2 wells, 2 septic systems, and a 40' steel rodent-proof hay/grain storage container.
Approximately $50,000 in solar panels on the barn add significant energy efficiency and long-term value.
A rare opportunity to acquire a professionally equipped, versatile equestrian farm offering privacy, exceptional infrastructure, and a highly convenient location-ready for training, competition, breeding, or private use.
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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 4, 2026 | Price Decreased |
$1,500,000
↓ $75K
(4.8%) | |
| Price Decreased | |||
| Jul 18, 2026 | Price Decreased |
$1,575,000
↓ $50K
(3.1%) | |
| Price Decreased | |||
| May 28, 2026 | Listed by GOLDEN OCALA REAL ESTATE INC | $1,625,000 | |
| Listed by GOLDEN OCALA REAL ESTATE INC | |||
| Nov 16, 2021 | Sold | ||
| Sold | |||
| Jul 16, 2021 | Listed by GOLDEN OCALA REAL ESTATE INC | $949,900 | |
| Listed by GOLDEN OCALA REAL ESTATE INC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017