249 Kings Ferry Road
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Nov 22, 2025 | Sold | ||
| Sold | |||
| Sep 2, 2025 | Listed by Compass Greater NY, LLC | $250,000 | |
| Listed by Compass Greater NY, LLC | |||
| |||
|
Incredible opportunity to build on a 1.09-acre lot with breathtaking Hudson River views in the heart of Verplanck. Previously home to the iconic Mitchell’s Tavern, this property is approved for a 3-bedroom residence and comes with key infrastructure already in place.
Property features include:
• Geothermal system installed
• Septic tank and fields in place
• Site plan approval secured
• Architectural plans by a well-known local architect
Enjoy the serenity of riverfront living while being just minutes from local parks, marinas, restaurants, and major commuter routes. Ideal for buyers ready to build a custom home in a peaceful yet convenient location.
Bring your builder and vision—this turn-key lot is ready to go.
| |||
| Mar 23, 2023 | Sold | ||
| Sold | |||
| Feb 8, 2023 | Sold | ||
| Sold | |||
| Dec 10, 2021 | Listed by Compass Greater NY, LLC | $625,000 | |
| Listed by Compass Greater NY, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017