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Chenango County, NY · Sold

NY-877591

7431 County Road 367

$813,100
$6,047/ac · 134 ac
Acreage134 ac
Price per acre$6,047/ac
ZoningRecreational
Road accessGravel
UtilitiesPower at road
TopographyMixed
ListedDec 25, 2024
Coordinates42.4326, -75.6596
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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

3 items to verify before you offer.

Risk index
17
Low risk
Wetlands17.9% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.5%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,642 ft of deeded road frontage.

Power47 ft away

Power at or near the road.

Buildable area104.87 of 134.46 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$737,286
$580,533$894,040 · $5,483/ac on 134 ac
Asking vs estimate
+10.3%
Priced above the comp set

Weighted from 6 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 $813,100
Maximum allowable offer
$421,306
$3,133/ac · +30.0% target margin

You need $391,794 off asking to hit this margin.

All-in cost$457,117
Net resale$678,303
Projected profit$221,186
ROI+48.4%
Annualized+69.2%
Break-even resale$3,695/ac
Profit if resale lands off target
-20%
$85,526
-10%
$153,356
0%
$221,186
+10%
$289,017
+20%
$356,847
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NY-897166
Landlocked · Off grid
98.8Jul 27, 2026$309,4003,1315,0202.6 mi
86
NY-178206
Landlocked · Full utilities
209.9Jan 27, 2026$809,8003,8585,3686.1 mi
73
NY-758483
Landlocked · Full utilities
256.6May 29, 2026$1,382,7005,3897,8296.5 mi
73
NY-946536
Gravel · Off grid
62.6Sep 20, 2025$259,4004,1434,2102.8 mi
71
NY-348583
Paved · Off grid
275.9Jul 29, 2025$1,274,4004,6205,8653.2 mi
68
NY-746420
Gravel · Power at road
57.6Nov 8, 2024$302,7005,2584,6176.5 mi
66
Show adjustment detail for the top comp
  • Tract size (98.83 ac → 134.46 ac)-7.5%
  • Access (Landlocked → Gravel)+47.1%
  • Utilities (Off grid → Power at road)+17.6%

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.