L43.3 Hinds Road
About This Property
With direct frontage on Hinds Road, a designated seasonal road/trail, you'll enjoy privacy and seclusion, yet remain close to convenience. The paved town road is only a few hundred feet away and electric service is nearby, giving you the ability to create a cabin, camp, or future homestead without sacrificing access. Imagine evenings around a campfire under starlit skies, mornings spent watching wildlife pass through, and the satisfaction of owning a slice of Upstate New York that feels worlds away from the noise of everyday life. For those who dream even bigger, the seller prefers to sell this parcel together with the 51-acre lot across the road, creating over 92 acres of endless opportunity.
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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 |
|---|---|---|---|
| Nov 10, 2025 | Sold | ||
| Sold | |||
| Oct 8, 2025 | In contract | - | |
| In contract | |||
| Sep 17, 2025 | Listed by Inglenook Realty Inc | $159,900 | |
| Listed by Inglenook Realty Inc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017