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Chenango County, NY · Sold

NY-129561

2406 County Road 96

$1,454,600
$2,596/ac · 560 ac
Acreage560 ac
Price per acre$2,596/ac
ZoningUnzoned
Road accessGravel
UtilitiesPower at road
TopographyWooded
ListedJul 3, 2025
Coordinates42.5654, -75.5752
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

3 items to verify before you offer.

Risk index
17
Low risk
Wetlands12.9% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope8.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

5,464 ft of deeded road frontage.

Power60 ft away

Power at or near the road.

Buildable area463.57 of 560.24 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,286,335
$1,984,080$2,588,590 · $4,081/ac on 560 ac
Asking vs estimate
-36.4%
Priced below the comp set

Weighted from 7 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 $1,454,600
Maximum allowable offer
$1,306,477
$2,332/ac · +30.0% target margin

You need $148,123 off asking to hit this margin.

All-in cost$1,417,528
Net resale$2,103,428
Projected profit$685,901
ROI+48.4%
Annualized+69.2%
Break-even resale$2,750/ac
Profit if resale lands off target
-20%
$265,215
-10%
$475,558
0%
$685,901
+10%
$896,244
+20%
$1,106,587
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NY-509693
Gravel · Power at road
616.5Jul 9, 2025$2,401,3003,8954,1962.7 mi
83
NY-789937
Paved · Off grid
735.6Jul 27, 2026$2,979,4004,0504,3987.8 mi
79
NY-439507
Gravel · Off grid
538.8Jul 7, 2024$1,572,4002,9193,6949.5 mi
73
NY-178206
Landlocked · Full utilities
209.9Jan 27, 2026$809,8003,8583,5675.0 mi
71
NY-758483
Landlocked · Full utilities
256.6May 29, 2026$1,382,7005,3895,2016.7 mi
71
NY-109838
Dirt · Power at road
684.7Apr 1, 2024$1,791,2002,6163,5566.5 mi
70
NY-348583
Paved · Off grid
275.9Jul 29, 2025$1,274,4004,6203,8967.0 mi
65
Show adjustment detail for the top comp
  • Tract size (616.46 ac → 560.24 ac)+3.0%
  • Market time (13 mo)+4.6%

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.