62 Old Glenham Rd, Glenham, NY 12527
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.