10 Thorns Lane
About This Property
This parcel is well-suited for buyers who want to build now or secure land for a future project while approvals are already in place. With BOHA completed, the next step is applying for building permits, making this an attractive option for those looking to streamline the early stages of construction planning. Whether you're a builder seeking your next project, an investor evaluating land opportunities, or an end user planning a custom residence, this property offers flexibility and development potential.
Conveniently located in Highland with access to shopping, parks, commuter routes, and nearby Hudson Valley destinations, this lot combines future building potential with a practical location. Buyers searching for land approved for a 3-bedroom home in Ulster County, vacant land near New Paltz or Highland, or a ready-to-build homesite in the Hudson Valley will find strong value here.
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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 |
|---|---|---|---|
| Aug 11, 2026 | Sold | ||
| Sold | |||
| Jun 18, 2026 | In contract | - | |
| In contract | |||
| May 15, 2026 | Listed by eXp Realty | $89,000 | |
| Listed by eXp Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017