468 Davis Road
About This Property
Experience refined country living in this beautifully crafted residence, showcasing high-end features such as hardwood flooring, quartz and granite countertops, a spacious open-layout kitchen, a large living area, private bedroom wings, dedicated office, mudroom, and expansive shaded patios for outdoor enjoyment. The property includes multiple auxiliary structures, approximately four stock ponds, and an oversized barn-workshop equipped with six horse stalls, a tack room, wash bay, and large roll-up doors. Truly a property you need to see to believe!
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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 |
|---|---|---|---|
| Dec 29, 2025 | Sold | ||
| Sold | |||
| Nov 28, 2025 | In contract | - | |
| In contract | |||
| Aug 7, 2025 | Price Decreased |
$2,800,000
↓ $79K
(2.7%) | |
| Price Decreased | |||
| May 9, 2025 | Listed by eXp Realty, LLC | $2,879,000 | |
| Listed by eXp Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017