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12 Brook Drive
About This Property
Unlock the potential of this rare, OVERSIZED GATED CORNER PROPERTY in Cortlandt Manor. 3-bedroom, 2-bath SINGLE FAMILY HOME sits on a LARGE LOT with water views, offering an incredible chance to create your dream home or next investment project. The property requires a FULL GUT RENOVATION, making it perfect for investors, flippers, or skilled buyers ready to bring their vision to life. Features include an ABOVE GROUND OIL TANK and LOW TAXES, and an Unfinished BASEMENT adding to the long-term value.
Opportunities like this don't come around often-large properties with water views in this area are truly a rare find . CASH OR HARD MONEY LOANS ONLY. Act fast-properties with this kind of potential move quickly. Call today before it's gone!
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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 |
|---|---|---|---|
| Apr 22, 2026 | Sold | ||
| Sold | |||
| Mar 21, 2026 | In contract | - | |
| In contract | |||
| Mar 11, 2026 | Listed by Voro LLC | $290,000 | |
| Listed by Voro LLC | |||
| Feb 8, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Nov 4, 2025 | Price Decreased |
$289,000
↓ $30K
(9.4%) | |
| Price Decreased | |||
Property Highlights
Building Info
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About Westchester
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017