38
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4 Brandon Road
About This Property
But the real magic? You're nestled right in the Putnam Lake community, where lakefront living is just steps away. Residents enjoy exclusive access to 2 beautiful beaches, plus endless opportunities for boating, kayaking, and fishing. Love the water but want to relax on land? Scenic walks around the lake loop are a neighborhood favorite, and playgrounds and recreation areas are within easy walking distance - perfect for an active lifestyle.
This home captures small-town charm with big community benefits. Whether you're sipping morning coffee on your quiet lot, heading down to the beach for a summer afternoon, or taking an evening stroll around the water, Putnam Lake living offers something for everyone. The serene setting and outdoor-focused community make this the ideal retreat for anyone seeking peace, nature, and friendly neighbors.
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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 |
|---|---|---|---|
| Aug 25, 2026 | Sold | ||
| Sold | |||
| Jul 3, 2026 | In contract | - | |
| In contract | |||
| Jun 9, 2026 | Listed by Locqube New York, Inc. | $420,000 | |
| Listed by Locqube New York, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017