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Otsego County, NY · Sold

NY-240063

2424 County Road 345

$4,200
$7,241/ac · 0.58 ac
Acreage0.58 ac
Price per acre$7,241/ac
ZoningRecreational
Road accessDirt
UtilitiesOff grid
TopographyRolling
ListedJun 6, 2025
Coordinates42.6986, -75.1472
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

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

2 items to verify before you offer.

Risk index
22
Low risk
Wetlands6.8% of tract

Little to no mapped wetland coverage.

Average slope6.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power6,956 ft away

A long utility run — price in solar/off-grid instead.

Buildable area0.51 of 0.58 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$3,359
$2,891$3,827 · $5,791/ac on 0.58 ac
Asking vs estimate
+25.0%
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 $4,200
Maximum allowable offer
$1,919
$3,309/ac · +30.0% target margin

You need $2,281 off asking to hit this margin.

All-in cost$2,082
Net resale$3,090
Projected profit$1,008
ROI+48.4%
Annualized+69.3%
Break-even resale$3,902/ac
Profit if resale lands off target
-20%
$390
-10%
$699
0%
$1,008
+10%
$1,317
+20%
$1,626
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NY-601708
Dirt · Power at road
1.9Jul 18, 2026$11,9006,2885,43511.4 mi
68
NY-832314
Dirt · Off grid
2.9Jul 27, 2026$18,8006,4036,57212.4 mi
66
NY-212245
Dirt · Off grid
2.8Jun 7, 2026$17,2006,1386,32712.0 mi
65
NY-761512
Landlocked · Power at road
1.6Dec 4, 2025$9,8006,0006,7128.6 mi
63
NY-781905
Gravel · Power at road
2.2Apr 24, 2026$13,3006,0874,58212.9 mi
61
NY-472042
Gravel · Off grid
2.4Nov 16, 2024$12,8005,3014,9857.8 mi
57
Show adjustment detail for the top comp
  • Tract size (1.9 ac → 0.58 ac)+1.4%
  • Utilities (Power at road → Off grid)-15.0%

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.