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0 Lyman Place
About This Property
Bring your vision and builder to 0 Lyman Place, a rare opportunity to create your dream home in one of Westchester's most desirable Rivertowns. This vacant residential lot comes with Town and Village–approved site plans for a single-family home of approximately 2,200 sq ft - saving you valuable time in the approval process and putting you one step closer to breaking ground.
Set on a quiet, tree-lined street, this property offers a perfect blend of privacy and convenience. All major utilities (water, sewer, gas, and electric) are available at the street for easy connection during construction. Located just minutes from Metro-North, award-winning Dobbs Ferry Schools, the Hudson River waterfront, and the vibrant downtown village, this is your chance to design a home that fits your lifestyle.
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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 |
|---|---|---|---|
| Mar 26, 2026 | Price Decreased |
$525,000
↓ $20K
(3.7%) | |
| Price Decreased | |||
| Oct 16, 2025 | Listed by Capital Realty NY LLC | $545,000 | |
| Listed by Capital Realty NY LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017