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Otsego County, NY · Sold

NY-877542

4802 County Road 307

$645,800
$4,977/ac · 130 ac
Acreage130 ac
Price per acre$4,977/ac
ZoningResidential
Road accessPaved
UtilitiesPower at road
TopographyWooded
ListedMay 21, 2024
Coordinates42.6371, -75.0014
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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

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

View Otsego market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
16
Low risk
Wetlands9.7% of tract

Little to no mapped wetland coverage.

Average slope2.0%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power185 ft away

Power at or near the road.

Buildable area111.32 of 129.77 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$685,227
$493,364$877,091 · $5,280/ac on 130 ac
Asking vs estimate
-5.8%
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 $645,800
Maximum allowable offer
$391,558
$3,017/ac · +30.0% target margin

You need $254,242 off asking to hit this margin.

All-in cost$424,840
Net resale$630,409
Projected profit$205,569
ROI+48.4%
Annualized+69.3%
Break-even resale$3,558/ac
Profit if resale lands off target
-20%
$79,487
-10%
$142,528
0%
$205,569
+10%
$268,610
+20%
$331,650
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NY-197870
Landlocked · Full utilities
164.6Jul 27, 2026$329,8002,0043,0436.7 mi
80
NY-526848
Dirt · Off grid
78.5Jul 27, 2026$290,2003,6975,2845.1 mi
77
NY-896025
Gravel · Power at road
43.2Jul 6, 2026$205,4004,7494,3875.2 mi
71
NY-347190
Gravel · Off grid
100.6Nov 25, 2024$407,7004,0545,6583.7 mi
71
NY-357828
Gravel · Off grid
159.6Jul 1, 2024$395,1002,4753,9536.4 mi
69
NY-806243
Gravel · Full utilities
50.6Apr 14, 2025$426,8008,4276,9172.9 mi
64
NY-925947
Landlocked · Off grid
40.9Apr 13, 2024$202,1004,9468,5503.5 mi
62
Show adjustment detail for the top comp
  • Tract size (164.58 ac → 129.77 ac)+6.5%
  • Access (Landlocked → Paved)+73.5%
  • Utilities (Full utilities → Power at road)-18.0%

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.