81893 Thoroughbred Trail
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 |
|---|---|---|---|
| Dec 12, 2025 | Sold | ||
| Sold | |||
| Nov 23, 2025 | In contract | - | |
| In contract | |||
| Apr 25, 2025 | Listed by Compass | $2,300,000 | |
| Listed by Compass | |||
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There are homes you live in, and then there are homes that change the way you live. 81893 Thoroughbred Trail is one of those rare finds, a private desert retreat that blends everyday ease with unforgettable experiences. Set against dramatic southern mountain views, the property makes a striking first impression with custom circular stonework on the driveway and gated stone entry. Imagine starting your mornings with coffee on a sunlit patio as mountain silhouettes rise in the distance. Picture weekends where friends and family gather in two private casitas, with laughter carrying from the reimagined quartzite bar to the glowing pool. At sunset, the yard becomes your own resort with BBQ sizzling, patio heaters warming the night, and sapphire reflections dancing across the water. Inside, sunlight pours through French doors into freshly painted interiors with an open layout designed for connection. The chef’s kitchen inspires with premium stainless appliances, granite countertops, and stylish pendant lighting, while comfort flows throughout with new recessed lighting and refreshed ceiling fans. The primary bedroom offers a fireplace, a spa-like soaking tub, and a generous walk-in closet, creating a private retreat of its own. Outdoors, the entertainer’s yard features a Pebble Tec pool, salt-chlorine system, LED lighting, built-in BBQ, heated patio with electric drop-down patio screen, misters around the patio and casita for staying cool in the heat, and lush turf framed by outdoor lighting. Additional features include two sets of washers and dryers, dual new water heaters serving both the main home and the casitas, a whole-house water filtration and softening system, a three-car attached garage, and an additional one-car attached garage. Fully furnished and turnkey, this home is designed for those who value privacy, connection, and effortless entertaining, offering a lifestyle where every day feels like a vacation.
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| Mar 4, 2020 | Sold | ||
| Sold | |||
| Dec 2, 2019 | Listed by Brad Schmett Real Estate Group | $1,250,000 | |
| Listed by Brad Schmett Real Estate Group | |||
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An entertainer's dream, this show-stopping turnkey furnished home w/ two separate casitas offers the finest in laid-back & luxury living with a layout that's perfectly designed to capture the relaxing southern mtn. views w/ all day sun. A range of impressive updates have already been carried out, ensuring this is a home you will be proud to call your own. Anyone with a passion for cooking will adore the expansive gourmet kitchen with a large center island, high-end stainless steel appliances, granite countertops, a built-in desk & more. Large French doors connect the spacious living areas with the poolside terrace where you can gather with friends around the built-in BBQ. The shimmering pool now offers a new salt-chlorine generator & color-changing LED lights and the back patio has a drop screen & heater. The entertainers yard is extremely private. Front landscape floodlights have been upgraded to LED, & security system with four cameras. Inside, absolute comfort is assured with a new big-screen Smart TV in the family room, generous & well-appointed BD's along with luxurious BA's, formal dining room, office, a gated entry with a striking stone facade & so much more!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017