16 Peterson Rd
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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 |
|---|---|---|---|
| Jun 27, 2025 | Sold | ||
| Sold | |||
| Mar 29, 2025 | In contract | - | |
| In contract | |||
| Feb 26, 2025 | Listed by Weichert Realtors, Wayne | $749,000 | |
| Listed by Weichert Realtors, Wayne | |||
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Call Reiley for all showings and info 201-951-4877. Perched atop a mountaintop on 1.28 acres overlooking Cobblestone Estates, this private ranch home offers stunning sunset and mountain views with nearly 2,400 sq. ft. of living space. The family and great rooms feature soaring two-story ceilings, with a dramatic wall of windows in the great room framing breathtaking scenery. An expansive driveway leads to the covered front porch and foyer. The master suite opens to a spacious deck, perfect for enjoying the views. With three bedrooms, two full baths, and a half bath, this home blends comfort and elegance. A walk-out basement with 12-foot ceilings and a steel beam offers endless possibilities. Andersen windows throughout provide efficiency and natural light. A breezeway connects the home to an oversized three-car garage with loft storage, steel beam for support, and an additional electrical panel for welding. A rare find, this retreat offers serene mountain living within Wayne Township!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017