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Cayuga County, NY · Sold

NY-605928

3868 County Road 340

$360,900
$8,953/ac · 40.31 ac
Acreage40.31 ac
Price per acre$8,953/ac
ZoningRecreational
Road accessDirt
UtilitiesPower at road
TopographyFlat
ListedJul 1, 2024
Coordinates42.9439, -76.6463
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

3 items to verify before you offer.

Risk index
29
Low risk
Wetlands29.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.7%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessDeeded frontage

848 ft of deeded road frontage.

Power6 ft away

Power at or near the road.

Buildable area27.00 of 40.31 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$260,395
$204,221$316,568 · $6,460/ac on 40.31 ac
Asking vs estimate
+38.6%
Priced above 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 $360,900
Maximum allowable offer
$148,797
$3,691/ac · +30.0% target margin

You need $212,103 off asking to hit this margin.

All-in cost$161,445
Net resale$239,563
Projected profit$78,118
ROI+48.4%
Annualized+69.2%
Break-even resale$4,353/ac
Profit if resale lands off target
-20%
$30,206
-10%
$54,162
0%
$78,118
+10%
$102,075
+20%
$126,031
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NY-965523
Landlocked · Power at road
30.1May 15, 2026$190,4006,3357,6997.0 mi
84
NY-135381
Dirt · Power at road
27.1Jul 22, 2026$126,3004,6574,3699.0 mi
81
NY-605459
Gravel · Power at road
28.7Jul 27, 2026$164,4005,7274,6597.1 mi
80
NY-515356
Gravel · Off grid
26.6Nov 23, 2025$193,3007,2607,0648.4 mi
75
NY-186772
Dirt · Power at road
74.3Jan 10, 2026$438,4005,9016,8626.6 mi
74
NY-695308
Landlocked · Power at road
25.7Dec 8, 2024$126,6004,9216,1871.5 mi
72
NY-116497
Dirt · Off grid
60.9Sep 10, 2024$394,9006,4878,9563.3 mi
71
NY-437083
Paved · Power at road
93.1Nov 18, 2025$510,4005,4854,9304.6 mi
69
NY-777264
Paved · Off grid
106.1Jul 27, 2026$703,2006,6287,0369.0 mi
69
NY-694699
Paved · Power at road
16.6Aug 26, 2025$177,10010,6987,1124.2 mi
67
Show adjustment detail for the top comp
  • Tract size (30.06 ac → 40.31 ac)-4.9%
  • Access (Landlocked → Dirt)+26.5%
  • 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.