273 White Road
About This Property
-Owner Financing Available
-No HOA or Deed Restrictions
-Easily Buildable: Flat, No Floodplain or Wetlands
-Perc-Approved
-Power Pole On-Site
-New Survey
-Paved Road Frontage
-Historic Stonewall along Back Property Line
-Only 3 mins to Town; Within 20 mins of Lakes, Forests, Waterfalls
-Priced Below Market
Welcome to Stonewall Farm! Lot 9: This new and peaceful 6.01 acre property near Parish, in upstate New York, lies just minutes from Lake Ontario's endless recreational opportunities. It's generally flat and perc-approved, offering a perfect blend of privacy, build readiness, and natural beauty. With 472 feet of paved public road frontage on White Road, access is simple, while a well and septic (already approved) can be installed to suit your build. Free from HOAs and restrictive covenants, this property is zoned Rural/Mixed Use-perfectly flexible for residential or recreational living, with mobile/manufactured homes and even some commercial uses allowed. Recently surveyed with no floodplain or wetlands.
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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 |
|---|---|---|---|
| Apr 3, 2026 | Listed by Listwithfreedom.com | $59,900 | |
| Listed by Listwithfreedom.com | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017