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    OFF-MARKET
    Residential land & home lots

    62 Old Glenham Rd, Glenham, NY 12527

    9,396 SF
    Property ID
    US63-3389792
    Property summary
    AI-generated overview

    Located between the vibrant City of Beacon and the charming village of Fishkill, this expansive property offers approximately 22.3 acres of "R-20; One-Family Residence" zoned land. The site spans from Route 52 to Old Glenham Road, presenting a unique opportunity for both restoration and development. The property, priced as is, includes five parcels with four existing single-family homes in various conditions, nestled in a dense hardwood forest with southern exposure towards Mount Beacon. This estate holds significant potential for multi-family development, with a notable upside. The existing buildings can be renovated or modified for expansive estate use, ideal for single-family rentals or creating a private residential retreat. Additionally, the property's proximity to essential utilities such as the Glenham Water District and nearby sewer mains along Route 52 enhances its development feasibility.

    Property profile
    Verified
    Property type Residential land & home lots
    Total area 9,396 SF
    UPID US63-3389792
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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