← New search
Broome County, NY · Sold

NY-658967

8476 County Road 342

$1,348,700
$3,702/ac · 364 ac
Acreage364 ac
Price per acre$3,702/ac
ZoningRecreational
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedJan 8, 2024
Coordinates42.2126, -75.9121
Loading terrain…
County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Broome County, New York. Upstate and Southern Tier acreage well below downstate expectations.

View Broome market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
42
Moderate risk
Wetlands36.3% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope1.2%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

2,556 ft of deeded road frontage.

Power5,416 ft away

A long utility run — price in solar/off-grid instead.

Buildable area220.47 of 364.33 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,620,717
$1,358,510$1,882,925 · $4,448/ac on 364 ac
Asking vs estimate
-16.8%
Priced below the comp set

Weighted from 10 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $1,348,700
Maximum allowable offer
$926,124
$2,542/ac · +30.0% target margin

You need $422,576 off asking to hit this margin.

All-in cost$1,004,845
Net resale$1,491,060
Projected profit$486,215
ROI+48.4%
Annualized+69.2%
Break-even resale$2,998/ac
Profit if resale lands off target
-20%
$188,003
-10%
$337,109
0%
$486,215
+10%
$635,321
+20%
$784,427
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NY-438807
Gravel · Off grid
324.5May 14, 2026$1,712,0005,2765,1546.2 mi
86
NY-309099
Paved · Off grid
400.9Nov 4, 2025$2,620,8006,5375,8862.1 mi
82
NY-558411
Dirt · Full utilities
243.5Jul 27, 2026$1,453,4005,9684,3100.9 mi
82
NY-658841
Gravel · Power at road
332.6Jan 9, 2026$1,598,0004,8054,0767.5 mi
81
NY-878836
Dirt · Off grid
331.4May 8, 2024$928,2002,8013,47010.0 mi
75
NY-379550
Dirt · Off grid
555.8Jan 18, 2026$1,835,8003,3034,4649.0 mi
74
NY-508057
Landlocked · Full utilities
188.4Jun 18, 2026$1,076,2005,7114,8765.7 mi
73
NY-959411
Landlocked · Power at road
502.6Sep 22, 2024$1,517,0003,0194,4852.3 mi
70
NY-518460
Landlocked · Power at road
252.3Aug 12, 2024$715,3002,8353,4533.9 mi
69
NY-967840
Paved · Power at road
161.0Jan 15, 2026$1,096,8006,8113,9868.1 mi
66
Show adjustment detail for the top comp
  • Tract size (324.46 ac → 364.33 ac)-3.4%
  • Market time (3 mo)+1.1%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.