389 Peterson Dr
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 18, 2025 | Sold | ||
| Sold | |||
| Nov 21, 2025 | In contract | - | |
| In contract | |||
| Aug 18, 2025 | Listed by Caniglia Real Estate Group Llc | $625,000 | |
| Listed by Caniglia Real Estate Group Llc | |||
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Welcome to your mountain sanctuary in Placer Valley! Well built, lightly-used home with a unique character and a location that's simply unbeatable. From the moment the original owners built it, it was designed to be a comfortable, solid retreat-and it feels that way the second you walk in. The main floor is all about open living, with soaring vaulted ceilings and tons of natural light pouring into the kitchen, dining, and living areas. It's perfect for everything from cozy nights in to lively gatherings. On this level, you'll also find a bedroom, a full bathroom, and a laundry room, making daily life easy. And for those perfect Colorado days, a huge, sunny deck awaits just off the living room-the ideal spot to soak up those stunning mountain views. Upstairs, the primary bedroom offers a private space with its own en-suite bath. There's also a 2nd large bedroom and a super cool little loft space over a closet, which isn't counted in the square footage but is a fun bonus for a reading nook or a kid's hideout. But what truly sets this home apart is its versatility. The lower level has a massive entry that can be a workshop, a giant drop zone for all your outdoor gear, or even another living area. There's even a separate "mother-in-law suite" with its own kitchenette. It's perfect for hosting guests, providing a private space for family, etc. Outside, you'll find a detached garage, an extra shed and a circular driveway-plenty of space for all your vehicles and toys. The location is an absolute dream. You get year-round access on a county-maintained road, putting you just 15 miles from the world-class slopes of Breckenridge, and only 3 miles from the charming town of Alma. For the outdoor adventurer, you're just moments from the South Platte River, Montgomery Reservoir, and countless trails in the National Forest. This home isn't just a place to live; it's your personal Colorado Basecamp!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017