45495 PETREE Road
About This Property
Priced below appraised value! Beautiful 34-acre property that at one time was a horse farm. The home boasts 5 large bedrooms, 4 bathrooms, a loft, a large family room with fireplace perfect for those cool evenings, large laundry room and a gorgeous inground pool/spa. There are two ponds and barns on the property (barns are in need of some TLC). This property has the potential of being an absolute show stopper! The property is fenced with mature trees to provide some shade.
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Oct 4, 2024 | Sold | ||
| Sold | |||
| Jul 21, 2024 | In contract | - | |
| In contract | |||
| Jul 10, 2024 | Relisted | $900,000 | |
| Relisted | |||
| Jul 5, 2024 | In contract | - | |
| In contract | |||
| Jun 28, 2024 | Price Decreased |
$900,000
↓ $75K
(7.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017