Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Land with Existing Infrastructure Title is generated by Realmo AI

    259 Lackawaxen Road, Narrowsburg, NY 12764

    View on Map
    Claim this Listing
    For Sale
    $550,000

    47+ acre parcel with pool, barn, and utilities.

    Type:Land
    Lot size:
    47.00 Acres
    Added:
    Jun 11, 2025
    Days on Market:
    357
    Last Refresh:
    Mar 13 at 5:19 pm

    Property Features for 259 Lackawaxen Road

    General Information

    Standard status
    Active
    Lot size
    47.00 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Christina Lake

    Listing agent Christina Lake License #RS360013

    Listing office Davis R Chant Real Estate Inc.

    Listing date Jun 11, 2025

    Source Compass

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Davis R Chant Real Estate Inc.

    HighLights

    • 47+ acre parcel with existing infrastructure and diverse landscape.
    • In‑ground pool and barn with loft space already in place.
    • Opportunity to build a custom home on the existing foundation.
    • Potential to restore an abandoned cottage into a guest house or rental property.
    • Waterfront with stream, scenic views, and privacy.
    • Suitable for horses and has tillable land.

    Overview

    This 47+ acre parcel presents an opportunity for a private retreat, investment, or full compound. The property includes a solid foundation from a previous home, an in-ground pool, a barn with loft space, a carport, and a gazebo. It also features a well, septic system, and paved driveways. The land comprises orchards, open fields, and woods, with a brook running through it. While the original residence was lost to a fire, the existing foundation allows for the construction of a custom home. There is also an abandoned cottage that could be restored into a guest house, studio, or rental property.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Narrowsburg
    County
    Sullivan
    State
    New York
    Longitude
    -74.9700815
    Latitude
    41.5301253

    Nearby Similar for Sale

    • $225,000

      Lakefront Lot in Private Community

      5.01-acre lakefront lot in Narrowsburg, NY.
      Mathias Weiden Drive lot: 92, Narrowsburg, NY 12764
      View Details
    • $299,900
      2,977 SF

      Medical Facility in Narrowsburg

      2977 sq ft medical facility on 1.65 acre lot.
      66 5th Street, Narrowsburg, NY 12764
      View Details
    • $790,000

      79 Acres Vacant Land, Narrowsburg

      79 acres of vacant land perfect for recreation and hunting.
      Lot 8.1 Eckes Road, Narrowsburg, NY 12764
      View Details
    • $750,000
      1,700 SF

      Tusten Cup

      Successful cafe with full liquor and cannabinoid licenses in Narrowsburg.
      8 Unit 1 UNIT 1, Unit 1, Narrowsburg, NY 12764
      View Details
    • $225,000

      Lakefront Lot in Private Community

      5.01-acre lakefront lot in Narrowsburg, NY private community.
      Lot 92 Mathias Weiden Drive, Narrowsburg, NY 12764
      View Details
    • $1,220,000

      Large Land Parcel in Narrowsburg

      122-acre wooded lot near Narrowsburg's Main Street.
      Lot 50 Deep Hollow Hill Rd, Narrowsburg, NY 12764
      View Details
    • $214,900

      30-Acre Wooded Parcel in Narrowsburg

      Rare 30-acre wooded parcel in desirable Hudson Valley river town.
      00 Mathias Weiden Dr, Narrowsburg, NY 12764
      View Details
    • $790,000

      Land for Sale Narrowsburg

      Land available on Eckes Road, Narrowsburg, NY.
      Lot 8.1 Eckes Road, Narrowsburg, NY 12764
      View Details
    • $1,400,000

      Residential Income Property For Sale

      32-unit residential income property with tenant-owned and park-owned homes.
      7945 NY-52, Narrowsburg, NY
      View Details
    • $189,000

      Land Near Delaware River Amenities

      5+ acre land parcel near Narrowsburg and Cochecton, NY.
      7584 N Route 97 S, Narrowburg, NY 12764
      View Details

    FAQs

    What type of property is this?
    Land - 47+ acre parcel with pool, barn, and utilities.
    Where is this land located?
    The property is located at 259 Lackawaxen Road Narrowsburg, NY.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: 47+ acre parcel with existing infrastructure and diverse landscape.; **In‑ground pool and barn with loft space already in place.**; Opportunity to build a custom home on the existing foundation.
    (570) 296-7717
    We can help!
    Listing Contact
    Christina Lake
    Real Estate License ID: RS360013
    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

    Thank You for Inquiry
    259 Lackawaxen Road, Narrowsburg, NY 12764
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!