Is possible to make function from code and make it shorter?

I have this lines of code

let value = productDetails.recentPurchaseDate;
if (!productDetails.salesPrice && !productDetails.recentPurchaseDate) {
  value = false;
}
if (!productDetails.presentEstimatedValue) {
  value = true;
}

Is it possible to refactor, I need to make it function and this two IF? Thanks in advance