Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    304 Round Lake Ter Monroe, NY 10950

    Sponsored
    For Sale
    $489,000

    LAND - Monroe, NY

    Lot size:
    0.46 Acres
    Days on Market:
    8
    Last Refresh:
    Jan 25 at 11:06 pm

    Property Features for 304 Round Lake Ter

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    334089-006-000-0001-001.000-0000
    Lot size
    0.46 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Well
    Water front features
    Lake, Lake Front
    Water front
    1

    We can help!

    Listing Contact
    Carol Scully

    Keller Williams Realty (845) 928-8000

    Listing agent Carol Scully (914) 261-7481

    Listing date Jan 18, 2026

    MLS# 938842 Listing URL

    Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Lakefront Property on Round Lake

    This is a rare opportunity to own 105 ft of lakefront property on Round Lake, offering sunrise and sunset views. The 0.4568-acre parcel provides direct shoreline access in a natural setting, surrounded by nature. It is located minutes away from town. The property is an approved building lot with a well and sewer. Subdivision possibilities exist. The property is located in Monroe, Orange County, New York.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Orange
    State
    New York
    Longitude
    -74.204698
    Latitude
    41.319729

    Nearby Similar for Sale

    • $415,000
      Pending

      Charming Vintage Multifamily Property

      Vintage multifamily property with income potential in a serene setting.
      425 Old Dutch Hollow Rd, Monroe, NY 10950
      View Details
    • $549,900
      0.12 Acres

      Commercial Property in High-Traffic Area

      Versatile commercial space in Monroe, ideal for retail or office.
      14 Lakes Rd, Monroe, NY 10950
      View Details
    • $2,750,000

      Monroe Medical Investment Opportunity

      Fully leased medical property with established tenant, long-term lease.
      505 25, Monroe, NY 10950
      View Details
    • $2,750,000
      10,900 SF

      Monroe Medical Investment Opportunity

      Fully leased medical property with established tenant and long-term lease.
      503-505 State Route 208, Monroe, NY 10950
      View Details
    • $500,000

      Two-Family Home in Desirable Neighborhood

      Two-family home with investment and appreciation potential in thriving community.
      20 N Main St, Monroe, NY 10950
      View Details
    • $8,995,000

      Monroe Specialty Property For Sale

      Specialty property available for purchase in Monroe, New York.
      32-55 Claire Dr, Monroe, NY 10950
      View Details
    • $875,000

      Pine Tree Road Property

      Property on Pine Tree Rd, Monroe, NY for sale.
      180-184 Pine Tree Rd, Monroe, NY 10950
      View Details
    • $599,900
      Pending

      Monroe Office Building For Sale

      Office building with high traffic location and ample parking.
      3 Center Hill Rd, Monroe, NY 10950
      View Details
    • $699,900
      2,444 SF

      Prime Monroe Office Building

      High-traffic location, versatile space, ample parking.
      3 Center Hill Rd, Monroe, NY 10950
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Rare lakefront property with sunrise and sunset views in Monroe.
    Where is this residential land & home lot located?
    The property is located at 304 Round Lake Ter Monroe, NY.
    What is the asking price?
    The asking price for this property is $489,000.
    What are key features of this property?
    This property features: - 105 ft of pristine lakefront property on Round Lake.; - Enjoy breathtaking sunrise and sunset views.; - Approved building lot with well and public sewer.
    (914) 261-7481
    Request Owner's contact information
    304 Round Lake Ter Monroe, NY 10950
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    304 Round Lake Ter
    Monroe, NY 10950
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    304 Round Lake Ter Monroe, NY 10950
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Carol Scully
    (914) 261-7481
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.