0 River Road
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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 |
|---|---|---|---|
| Jul 14, 2025 | Sold | ||
| Sold | |||
| May 22, 2025 | In contract | - | |
| In contract | |||
| Apr 7, 2025 | Listed by O'Brien Properties, LLC | $18,500 | |
| Listed by O'Brien Properties, LLC | |||
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Vacant lot with St. Lawrence River views located along the Thousand Islands Region in Hammond. This .91-acre parcel is clear and level, offering 629' of road frontage with electricity available at the road. Conveniently situated 4 miles from the public boat launch in Chippewa Bay,20 minutes to Alexandria Bay and Canadian Bridge, and 35 minutes to Watertown.
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| Nov 3, 2023 | Sold | ||
| Sold | |||
| Sep 19, 2023 | In contract | - | |
| In contract | |||
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