0 County Road 519
About This Property
The expansive property features a serene, spring-fed pond stocked for enjoyment, along with breathtaking mountain views and distant vistas of nearby ski slopes.
An impressive 425 feet of frontage on County Route 519, the lot provides excellent access and visibility. A stone-based driveway is already in place, adding convenience and character.
Zoned to allow a minimum of 5 acres per build, this land is ideal for creating a private family compound, establishing a gentleman's farm, or developing 2-3 custom homes. Subdivision options are available, subject to buyer approval.
Enjoy incredibly low property taxes--just $168 per year under farm assessment--making this not only a beautiful investment, but a smart one as well.
Whether you envision a refined rural lifestyle, a multi-generational retreat, or a prime investment, this remarkable property offers unmatched possibilities in a peaceful, scenic setting.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017