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Chenango County, NY · Sold

NY-460337

2959 County Road 238

$9,400
$13,429/ac · 0.70 ac
Acreage0.70 ac
Price per acre$13,429/ac
ZoningRecreational
Road accessGravel
UtilitiesFull utilities
TopographySloped
ListedFeb 19, 2025
Coordinates42.5224, -75.5669
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
19
Low risk
Wetlands2.6% of tract

Little to no mapped wetland coverage.

Average slope21.1%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

149 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area0.41 of 0.70 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$10,041
$8,047$12,034 · $14,344/ac on 0.70 ac
Asking vs estimate
-6.4%
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 $9,400
Maximum allowable offer
$5,737
$8,196/ac · +30.0% target margin

You need $3,663 off asking to hit this margin.

All-in cost$6,225
Net resale$9,237
Projected profit$3,013
ROI+48.4%
Annualized+69.3%
Break-even resale$9,666/ac
Profit if resale lands off target
-20%
$1,165
-10%
$2,089
0%
$3,013
+10%
$3,936
+20%
$4,860
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NY-770444
Landlocked · Full utilities
0.8Dec 30, 2024$5,2006,90410,8549.3 mi
73
NY-921240
Paved · Power at road
1.4Sep 27, 2025$15,30011,36612,2706.7 mi
68
NY-640931
Dirt · Power at road
1.1Jan 3, 2025$13,80012,74419,3816.3 mi
67
NY-611452
Paved · Off grid
1.6Jul 29, 2024$17,50011,17714,8975.9 mi
61
NY-221835
Dirt · Full utilities
2.1Jul 10, 2024$22,10010,60313,6074.2 mi
61
NY-461472
Paved · Full utilities
1.6Jun 10, 2024$29,50018,44417,2229.4 mi
60
NY-641744
Dirt · Off grid
1.9Aug 11, 2024$13,3006,82612,5145.9 mi
58
Show adjustment detail for the top comp
  • Access (Landlocked → Gravel)+47.1%
  • Market time (20 mo)+6.8%

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.