4838 State Route 97
About This Property
Step into the charm of the 1940s, refreshed with thoughtful modern updates, all tucked into a peaceful 5-acre woodland setting. This newly renovated retreat offers 3 inviting bedrooms, 1 stylish bath, and a large rear deck facing the brook and woods was designed for laid-back mornings, evening gatherings, and everything in between. Follow the sound of the babbling brook just beyond the cabin-a soothing backdrop that turns everyday living into a nature-infused escape. Inside, warm wood tones and rustic details blend seamlessly with today's comforts, creating a timeless environment that feels both nostalgic and new. Perfectly positioned just minutes from Narrowsburg's dining, shopping, and arts scene, and close to the Delaware River, this property offers that coveted balance of seclusion and convenience. Whether used as a personal retreat or a year-round residence, Brook House captures the essence of Catskills living: simple, stylish, and wonderfully serene. FYI-Long term rental is available.
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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 |
|---|---|---|---|
| Sep 23, 2026 | Price Decreased |
$345,000
↓ $50K
(12.7%) | |
| Price Decreased | |||
| Sep 4, 2026 | Relisted | $395,000 | |
| Relisted | |||
| Sep 1, 2026 | No longer available | - | |
| No longer available | |||
| Mar 25, 2026 | Price Decreased |
$395,000
↓ $30K
(7.1%) | |
| Price Decreased | |||
| Dec 4, 2025 | Listed by KW Hudson Valley United | $425,000 | |
| Listed by KW Hudson Valley United | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017