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477 Sprout Brook Road
About This Property
This 1.06-acre wooded parcel on Sprout Brook Road offers a unique opportunity for buyers with vision and an appreciation for the natural landscape. The property features a defined buildable area closer to the road, with dramatic rock outcroppings and a steeper hillside beyond-creating a beautiful, natural backdrop and added privacy.
Located in the Lakeland School District, this raw land is surrounded by nature while still offering convenient access to nearby Hudson Valley communities, outdoor recreation, and commuter routes. The terrain lends itself to a carefully planned home design that works with the land's natural features rather than against them.
Perfect for those seeking a custom build in a scenic setting and who understand the value of thoughtful site planning. Bring your architect, builder, and imagination to explore what's possible.
? A great opportunity for the right buyer looking to build something special.
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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 |
|---|---|---|---|
| Jan 30, 2026 | Listed by William Raveis Real Estate | $125,000 | |
| Listed by William Raveis Real Estate | |||
| Nov 19, 2004 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017