45097 PETREE Road
About This Property
The back yard features an outdoor shower and bath and a Tiki Bar! Entertain friends or simply relax in one of your double hammocks, strung between the trees, for an afternoon nap. Challenge yourself with a climb in your own tree net treehouse.
This property has it all! The acres of wooded area are great for bow hunters. Raised garden beds with irrigation are waiting to be planted. Even room for horses and other animals.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 5, 2025 | Sold | ||
| Sold | |||
| Jun 25, 2025 | In contract | - | |
| In contract | |||
| Jun 24, 2025 | Relisted | $495,000 | |
| Relisted | |||
| Jun 18, 2025 | In contract | - | |
| In contract | |||
| Jun 2, 2025 | Price Decreased |
$485,000
↓ $10K
(2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017