Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    304 Round Lake Terrace Monroe, NY 10950

    View on Map
    For Sale
    $439,000

    LAND - Monroe, NY

    Lot size:
    0.46 Acres
    Added:
    Nov 30, 2025
    Days on Market:
    122
    Last Refresh:
    Apr 1 at 7:06 am

    Property Features for 304 Round Lake Terrace

    General Information

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

    Taxes and HOA fees

    TaxYear
    2025
    TaxAnnualAmount
    3567

    Utilities

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

    We can help!

    Listing Contact
    Carol Scully

    Listing agent Carol Scully

    Listing office Keller Williams Realty 69 Brookside Ave. Ste 225, Chester, NY

    Listing date Nov 30, 2025

    MLS# 938842

    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.

    Overview

    Lakefront Property on Round Lake

    This is a rare opportunity to own 105 ft of pristine lakefront property on Round Lake. The natural setting offers direct shoreline access and a peaceful environment surrounded by nature, providing privacy and breathtaking scenery year-round. This approved building lot is located just minutes from town and offers subdivision possibilities. A well and sewer are located on the property. The lot size is 0.4568 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    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

    • $500,000

      Monroe NY Land Assemblage

      Four contiguous lots in Chester and Monroe, subdivision potential.
      30 Harding Way, Monroe, NY 10950
      View Details
    • $549,900

      Versatile Commercial Space in Monroe

      Prime commercial property in high-traffic Monroe location.
      14 Lakes Road, Monroe, NY 10950
      View Details
    • $249,000

      Approved Lot Ready to Build

      5-acre lot approved for building near Warwick and Greenwood Lake.
      1187 Lakes Road, Monroe, NY 10950
      View Details
    • $279,000

      Approved Lot Near Trout Brook

      8.9-acre lot ready to build near Warwick, New York.
      1181 Lakes Road, Monroe, NY 10950
      View Details
    • $279,000

      Approved Lot Ready to Build

      8.1 acre lot in Warwick, close to amenities.
      1171 Lakes Road, Monroe, NY 10950
      View Details
    • $35,000

      Residential Land in Established Neighborhood

      Land ready for custom-built residence in Monroe, NY.
      38 Sylvan Trail, Monroe, NY 10950
      View Details
    • $1,950,000

      2 Acres Mixed-Use Development Land

      2 acres in Woodbury, NY, with mixed-use development potential.
      348 Route 32, Monroe, NY
      View Details
    • $500,000

      Four Contiguous Lots in Monroe

      Exceptional development opportunity in Chester and Monroe, Monroe-Woodbury School District.
      30 Harding Way, Monroe, NY 10950
      View Details
    • $2,900,000
      9,754 SF

      Professional Building on Route 17M

      High-quality brick building with five separate bays and ample parking.
      360 State Route 17m, Monroe, NY 10950
      View Details
    • $749,000

      Office Building in Commercial District

      Office building with parking in a vibrant, accessible location.
      101 Stage Road, Monroe, NY 10950
      View Details
    • $549,900

      Versatile Commercial Space in Monroe

      Commercial property suitable for retail or office use in Monroe.
      14 Lakes Road, 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 Rte 208, Monroe, NY
      View Details

    FAQs

    What type of property is this?
    Waterfront Land - Pristine lakefront property with direct shoreline access and breathtaking scenery.
    Where is this waterfront land located?
    The property is located at 304 Round Lake Terrace Monroe, NY.
    What is the asking price?
    The asking price for this property is $439,000.
    What are key features of this property?
    This property features: 105 ft of pristine lakefront property on Round Lake; Enjoy sunrise and sunset views; Approved building lot with well and public sewer
    (914) 261-7481
    We can help!
    Listing Contact
    Carol Scully
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!