1253 Plank Road
About This Property
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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 |
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| Sep 1, 2025 | No longer available | - | |
| No longer available | |||
| Jan 17, 2025 | Listed by Century 21 Geba Realty | $219,500 | |
| Listed by Century 21 Geba Realty | |||
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Just imagine building your perfect lakefront home in Forestburg NY! Less than 2 hours from GWB & within 30 minutes to area amenities including commuter trains, buses, hiking, hunting, fishing, conveniences, Bethel Woods for music venues & Resorts World Catskills! This amazing property has a beautiful level tree lined driveway that opens up into your lakefront retreat with views of not only one lake but two! 250' of Lake frontage with a gently terraced pathway to the lake on one side and a natural tree lined access on the other. A sweet shed was built to enjoy the property while planning your home build. This beautiful property comes with completed engineering, site plan, survey & house plans so you can get started with your dream home with out delay! This is the ideal time to start your build and enjoy the summer and fall months in your year round retreat or weekend getaway! Don't delay schedule to view this property today!
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| Dec 4, 2024 | No longer available | - | |
| No longer available | |||
| Nov 23, 2024 | No longer available | - | |
| No longer available | |||
| Jun 14, 2024 | Listed by Callicoon Real Estate LLC | $229,500 | |
| Listed by Callicoon Real Estate LLC | |||
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The long and winding driveway leads down to complete privacy with very dramatic and scenic views for your new home. The entrance from Plank Road invites you into your private lakefront hideaway. This unique 5 acre cleared peninsula boasts two water fronts, one on each side. McCauley's Lake on one side and a large private pond on the other. Excavated then paved by hand with stone, three twenty foot wide patio steps take you to the water's edge where nature created a vision from a fairy tale. The property includes survey, septic and foundation plans, ready to build the secluded lakefront home of your dreams.
A proposed house plan is also included with a cottage style storage shed to provide inspiration or a perfect place to camp while contemplating life in this perfect location.
Ready to build with preparatory steps underway. A value in any market, this parcel will prove to be an excellent investment for the right owner. Distances are enough to hunt on your own property or go fishing.
Minutes to fine dining, Bethel Woods Performing Arts Center, Resort World Catskill Casino, Kartrite Resort and Waterpark and the Delaware River.
Just 94 Miles from NYC via the easy, scenic Palisades Parkway!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017