55 Riverside Pointe Drive
About This Property
Inside, you'll find beautiful spruce flooring upstairs and red oak flooring downstairs, hickory kitchen cabinetry, engineered stone countertops, stainless steel sink, and recessed and pendant lighting. The home also features a Quadra-Fire fireplace, mudroom with laundry, pantry, additional sink and cabinetry, and a full unfinished basement offering plenty of storage and additional possibilities.
Outside, enjoy the peaceful setting from the 8' x 40' covered porch or 8' x 34' deck overlooking your private acreage. The home features a durable metal roof, Andersen windows and doors, 200-amp electrical service, and has been exceptionally well cared for.
The real highlight is the property's Salmon River waterfront, offering an incredible setting for fishing, recreation, and enjoying everything this area is known for. The property also benefits from a fishing access easement. Whether you're looking for a year-round residence, recreational retreat, or Salmon River getaway, this is a unique opportunity to own a well-maintained log home with acreage and waterfront in one of Central New York's most sought-after fishing destinations.
Listed By
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 |
|---|---|---|---|
| Oct 6, 2026 | In contract | - | |
| In contract | |||
| Oct 1, 2026 | Listed by Salmon River Realty | $489,900 | |
| Listed by Salmon River Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017