lakes rd

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lakes rd

Monroe, NY 10950
Asking Price
$50K
Asset Type
Land
Class
Class B

AI Property Summary

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

  • The land parcel is currently listed for sale at $50,000.
  • This property encompasses a total area of 0.034 acres.
  • The site is located on Lakes Rd in Monroe, New York.
  • Monroe is a significant commercial center within the Orange County market.
  • This holding offers potential for specialized suburban development projects.

What's Special

Priced at $50,000, this 0.034-acre land parcel is situated on Lakes Rd in Monroe, New York. Monroe serves as an established residential and commercial hub within Orange County, characterized by its proximity to major transit routes and a steady flow of regional commerce. The local economy benefits from access to the broader New York metropolitan area, supporting a mix of suburban retail and residential development patterns. Given the land size and the surrounding area's mix of community resources and residential density, this property presents an option for specialized development or potential land assembly projects. The site provides proximity to local infrastructure, making it a viable candidate for parties interested in modest-scale holdings within this growing suburban market. Investors and developers familiar with the regional zoning and local development requirements may find this parcel suitable for niche utility or small-footprint improvements that align with municipal long-term growth plans.

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NOI
$80,000
Cap Rate
160.00%
DSCR
26.95
Strong
Cash-on-Cash
513.54%
Monthly Payment
$247.373
Annual Cash Flow
$77,031.527

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