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Map
Hemlock Drive
About This Property
Adding to the property's character is a 100+ year-old stone fireplace, believed to be a remnant of a former cabin that once stood on the property. The land consists of two surveyed parcels, with mature trees throughout and a natural spring that has been located on the property.
Conveniently situated just minutes from Miller's Meat Market, the Village of Lowville, and the Otter Creek horse trails, with multiple amenities nearby. A spacious parking area provides room for a horse trailer and/or guest vehicles.
This is a truly special setting that offers the feeling of being miles away from it all, while still keeping everyday conveniences just a short drive away. A rare opportunity to create your own private retreat surrounded by woods, water, history, and nature.
Please do not walk the property without assistance of an agent or Realtor and appointment. Prequalification or proof of funds required.
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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 |
|---|---|---|---|
| Aug 27, 2026 | Price Decreased |
$79,900
↓ $5K
(6%) | |
| Price Decreased | |||
| Aug 13, 2026 | Listed by Keller Williams Upstate NY Properties | $85,000 | |
| Listed by Keller Williams Upstate NY Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017