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Cayuga County, NY · Sold

NY-307305

6042 County Road 287

$464,000
$4,245/ac · 109 ac
Acreage109 ac
Price per acre$4,245/ac
ZoningAgricultural
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedOct 6, 2024
Coordinates43.0888, -76.6324
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

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

View Cayuga market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
41
Moderate risk
Wetlands37.6% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope2.5%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessDeeded frontage

1,388 ft of deeded road frontage.

Power2,672 ft away

Service extension needed; get a utility quote.

Buildable area64.79 of 109.30 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$542,337
$446,706$637,968 · $4,962/ac on 109 ac
Asking vs estimate
-14.4%
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 $464,000
Maximum allowable offer
$309,907
$2,835/ac · +30.0% target margin

You need $154,093 off asking to hit this margin.

All-in cost$336,249
Net resale$498,950
Projected profit$162,701
ROI+48.4%
Annualized+69.2%
Break-even resale$3,344/ac
Profit if resale lands off target
-20%
$62,911
-10%
$112,806
0%
$162,701
+10%
$212,596
+20%
$262,491
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NY-247499
Gravel · Off grid
125.8Jan 16, 2026$741,6005,8966,2591.1 mi
90
NY-777264
Paved · Off grid
106.1Jul 27, 2026$703,2006,6285,5883.5 mi
88
NY-297396
Gravel · Off grid
116.8Feb 10, 2026$487,7004,1774,3398.9 mi
83
NY-437083
Paved · Power at road
93.1Nov 18, 2025$510,4005,4853,9157.8 mi
80
NY-737084
Gravel · Off grid
93.1Jun 10, 2024$374,1004,0174,21510.8 mi
76
NY-818414
Landlocked · Off grid
244.1Oct 17, 2025$537,0002,2004,1588.3 mi
71
NY-186772
Dirt · Power at road
74.3Jan 10, 2026$438,4005,9015,45011.0 mi
71
NY-118833
Paved · Full utilities
330.6Jan 25, 2026$2,554,1007,7256,3282.3 mi
67
NY-118810
Paved · Off grid
325.2Feb 28, 2026$1,158,5003,5634,1538.0 mi
66
NY-948626
Gravel · Power at road
284.6Nov 20, 2025$1,257,6004,4195,0259.5 mi
66
Show adjustment detail for the top comp
  • Tract size (125.79 ac → 109.3 ac)+3.6%
  • Market time (7 mo)+2.4%

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.