55 Peony Road
About This Property
The property is a perfect fit for those looking for a mini-ranch experience. It includes a spacious hay shed/barn, ideal for storing hay, equipment, or housing livestock. A serene pond adds to the tranquil setting, creating a relaxing atmosphere. The entire property is fully fenced, ensuring privacy and security while enhancing its appeal as a small farm or hobby ranch.
While it offers the peace and privacy of country living, this property is conveniently located just outside the Broken Bow city limits, providing easy access to all the amenities the city has to offer-shopping, dining, and entertainment-while still enjoying the serenity of rural life. Whether you're seeking space for animals, outdoor activities, or simply a quiet retreat, this property offers the best of both worlds.
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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 |
|---|---|---|---|
| Sep 5, 2025 | Sold | ||
| Sold | |||
| Apr 29, 2025 | In contract | - | |
| In contract | |||
| Mar 5, 2025 | Price Decreased |
$275,000
↓ $24K
(8%) | |
| Price Decreased | |||
| Nov 27, 2024 | Listed by ABW Edmond Inc (BO) | $299,000 | |
| Listed by ABW Edmond Inc (BO) | |||
| Jul 9, 2023 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017