204 Brook Road
About This Property
Inside, the home features a functional layout with a one-car garage, two separate driveways, and a walk-up attic with bonus rooms, perfect for future expansion, storage, or creative use. An enclosed porch opens to a large deck overlooking the lake, creating an ideal setting for relaxing mornings or entertaining while taking in peaceful water views.
This property presents a value-add opportunity where, with a little imagination and care, the home can be refreshed and transformed into something truly special. With lake access, additional land, and endless possibilities, this is a property ready to be reimagined and brought back to life in one of Mahopac's most desirable lake communities!
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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 |
|---|---|---|---|
| May 14, 2026 | Sold | ||
| Sold | |||
| Mar 14, 2026 | In contract | - | |
| In contract | |||
| Feb 22, 2026 | In contract | - | |
| In contract | |||
| Feb 9, 2026 | Listed by Keller Williams Realty Partner | $260,000 | |
| Listed by Keller Williams Realty Partner | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017