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2 Dean Road
About This Property
While public water and sewer are not currently available, the lot is well-suited for private well and septic systems, offering a self-sufficient lifestyle removed from the hustle and bustle. Zoning is rural residential, and nearby development discussions suggest potential for small-scale subdivision, with similar-sized parcels under consideration for multi-home use-adding future value and versatility to this investment.
Conveniently located off Route 42, just minutes from the Delaware River and the historic village of Port Jervis, this parcel combines peaceful seclusion with accessibility to amenities, shops, and commuter routes. Whether you're a buyer looking to build a private escape, a developer exploring opportunity, or an investor seeking an affordable landholding with upside potential, 2 Dean Road offers all the charm and possibility of upstate New York living.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 26, 2025 | Sold | ||
| Sold | |||
| Jul 12, 2025 | In contract | - | |
| In contract | |||
| Jun 17, 2025 | Listed by eXp Realty | $45,000 | |
| Listed by eXp Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017