Lot 23 Lynch Road
About This Property
The meadow was cleared years ago with a building site in mind, and while brush has crept back in since, that regrowth has made the upper acreage prime deer habitat - a trade worth making for hunters, even if it means slower going on foot. Clearing it back would be straightforward, and the path through the middle ground looks like a natural fit for a homesite, with the terrain doing a lot of the work already.
At five minutes from the center of Delhi and under twenty to Oneonta, this is a rare combination of seclusion and convenience - four parcels, three landscapes, and real upside for the right buyer.
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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 |
|---|---|---|---|
| Oct 13, 2026 | Sold | ||
| Sold | |||
| Aug 7, 2026 | In contract | - | |
| In contract | |||
| Jul 28, 2026 | Listed by Keller Williams Upstate NY Properties | $130,000 | |
| Listed by Keller Williams Upstate NY Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017