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Lots 18 & 19 Tanglewylde 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 21, 2026 | Listed by Coldwell Banker Realty | $14,000 | |
| Listed by Coldwell Banker Realty | |||
| Jul 14, 2026 | No longer available | - | |
| No longer available | |||
| Jan 13, 2026 | Listed by Coldwell Banker Realty | $29,000 | |
| Listed by Coldwell Banker Realty | |||
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Lots 18 & 19 on Tanglewylde Road are two adjoining parcels being sold together as one rare opportunity in Lake Peekskill, New York. Zoned LP, these lots provide the chance to build in a community that values privacy, open space, and lakeside living. The LP zoning requires a minimum of two acres to build, meaning these combined lots offer the space to construct a home but will require a variance, while smaller neighboring parcels often require special approvals. As raw, vacant land, the property offers a blank canvas for your vision. The natural topography, mature trees, and gentle slopes provide multiple options for siting a home, maximizing privacy, and taking advantage of sunlight and views. With lake rights to Lake Peekskill, residents gain access to water recreation, from boating to fishing, without living directly on the shoreline, giving the feeling of lakeside living while preserving a quiet, secluded setting. Tanglewylde Road itself is a peaceful, lightly traveled street, enhancing the sense of retreat while keeping you connected to the surrounding community, amenities, and regional routes. These two lots together create a unique opportunity in Lake Peekskill, offering flexibility, privacy, and potential that single lots rarely provide. Whether you are looking to build a full-time residence, a weekend getaway, or simply hold the property as a long-term investment, Lots 18 & 19 provide the foundation for a project shaped entirely by your vision. This is not just land—it’s a chance to create your own retreat in one of the Hudson Valley’s most desirable lake communities.
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| Sep 30, 2020 | Sold | ||
| Sold | |||
| Aug 29, 2019 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017