Chenango County, NY · Sold

NY-461472

3957 County Road 282

$27,400

$17,125/ac · 1.60 ac

Offer report Market this tract

Acreage1.60 ac

Price per acre$17,125/ac

ZoningResidential

Road accessPaved

UtilitiesFull utilities

TopographySloped

ListedDec 27, 2023

Coordinates42.4310, -75.7033

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

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

View Chenango market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index

Low risk

Wetlands3.8% of tract

Little to no mapped wetland coverage.

Average slope31.9%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

156 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area0.92 of 1.60 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$24,104

$18,591 – $29,616 · $15,065/ac on 1.60 ac

Asking vs estimate

+13.7%

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 $27,400

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$13,773

$8,608/ac · +30.0% target margin

You need $13,627 off asking to hit this margin.

All-in cost$14,944

Net resale$22,175

Projected profit$7,232

ROI+48.4%

Annualized+69.3%

Break-even resale$10,152/ac

Profit if resale lands off target

-20%

$2,796

-10%

$5,014

$7,232

+10%

$9,449

+20%

$11,667

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
NY-921240 Paved · Power at road	1.4	Sep 27, 2025	$15,300	11,366	14,345	8.5 mi	77
NY-611452 Paved · Off grid	1.6	Jul 29, 2024	$17,500	11,177	17,416	5.6 mi	76
NY-462419 Gravel · Off grid	3.2	Jul 27, 2026	$23,600	7,454	12,851	6.6 mi	74
NY-640931 Dirt · Power at road	1.1	Jan 3, 2025	$13,800	12,744	22,659	5.1 mi	73
NY-221835 Dirt · Full utilities	2.1	Jul 10, 2024	$22,100	10,603	15,908	7.0 mi	70
NY-832123 Gravel · Full utilities	2.6	Jun 30, 2025	$21,100	8,225	10,262	8.3 mi	69
NY-641744 Dirt · Off grid	1.9	Aug 11, 2024	$13,300	6,826	14,631	7.7 mi	68
NY-742949 Landlocked · Power at road	4.7	Jun 1, 2026	$24,500	5,263	11,576	9.5 mi	67
NY-770444 Landlocked · Full utilities	0.8	Dec 30, 2024	$5,200	6,904	12,689	5.6 mi	65
NY-460337 Gravel · Full utilities	0.7	Jun 2, 2025	$10,100	14,463	17,764	9.4 mi	64

Show adjustment detail for the top comp

Utilities (Power at road → Full utilities)+22.0%
Market time (11 mo)+3.7%

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.

Build the listing kit Post a deal or JV