4997 BEAVERBROOK ROAD
About This Property
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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 |
|---|---|---|---|
| Oct 2, 2024 | Sold | ||
| Sold | |||
| Aug 21, 2024 | In contract | - | |
| In contract | |||
| Aug 13, 2024 | Listed by RE/MAX Realty Group | $650,000 | |
| Listed by RE/MAX Realty Group | |||
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Welcome to a unique opportunity nestled in the highly desirable Beaverbrook neighborhood. This home sits on a spacious 1.78-acre corner lot, a rare find in one of Columbia's classic Out Parcels. The expansive front, side, and back yards offer unparalleled privacy and a picturesque setting. The level lot is framed by mature trees that open up a world of possibilities and provide an exceptional foundation for future development. The property is being sold as-is, with the seller making no repairs. While it requires extensive updating it boasts various expansions over time, providing a versatile canvas for customization and modernization to suit your vision. This one level floor plan is highly desired for ease of living. An additional feature is the substantial 2.5 detached garage, adding versatility and numerous potential uses to the property. Those who know Columbia will understand the value and attraction of the out parcel. Visit the property today and let your imagination kick in. Don’t miss this once in a generation opportunity.
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Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017