37 Dry Hill Lake Road

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37 Dry Hill Lake Road

Monroe, NY 10950
Asking Price
$179K
Asset Type
Residential Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The residential land parcel spans 5.5 acres of raw acreage.
  • Offered for sale at a list price of $179,000.
  • Located in Monroe, NY within the 10950 zip code area.
  • Site coordinates are situated at 41.3140 and -74.1665.
  • Property represents a development opportunity for residential use cases.

What's Special

Priced at $179,000, this 5.5-acre residential land parcel provides a development opportunity in Monroe, New York. The site offers sufficient space for a custom residential build or a private estate within a growing suburban area of the Hudson Valley. This location balances a quiet, rural character with proximity to the amenities and transit corridors found throughout Orange County. Its expansive footprint allows for significant flexibility in site planning and land utilization for potential buyers or developers looking to enter the local market. Access to regional infrastructure supports the feasibility of residential construction in this well-positioned enclave. Prospective owners will find a versatile piece of land suitable for various housing projects or individual land banking strategies. The site remains a clear candidate for those seeking residential development potential within the zip code 10950, situated comfortably within the established regional landscape.

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NOI
$80,000
Cap Rate
44.69%
DSCR
7.53
Strong
Cash-on-Cash
129.19%
Monthly Payment
$885.594
Annual Cash Flow
$69,372.868

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