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    746 Old Route 28 Fleischmanns, NY 12430

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    LAND - Other - Fleischmanns, NY

    Property size:
    924 SF
    Lot size:
    0.16 Acres
    Price / SF:
    $27/SF
    Added:
    Apr 20, 2026
    Days on Market:
    6
    Last Refresh:
    Apr 25 at 7:06 pm

    Property Features for 746 Old Route 28

    General Information

    Property type
    Land
    Property subtype
    Other
    Parking features
    Driveway
    Exterior features
    BlacktopDriveway
    Standard status
    Active
    APN
    124689-286-000-0001-046-220
    Size
    924 SF
    Lot size
    0.16 Acres

    Taxes and HOA fees

    Tax Annual Amount
    994

    Utilities

    Sewer type
    Septic Tank
    Water source
    Well
    Water front features
    Canal Access, Stream, River Access
    Water front
    1

    Building Details

    Year built
    1983
    Architectural style
    Other
    Additional Structures
    Outbuilding

    We can help!

    Listing Contact
    Allen R. Hinkley

    Listing agent Allen R. Hinkley License #10301216310

    Listing office Country Pride Realty 53585 State Highway 30, Roxbury, NY

    Listing date Apr 20, 2026

    MLS# R1674621 Listing URL

    Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Riverfront Lot with Utilities Ready

    This charming riverfront lot, formerly a mobile home lot, is located just outside the Village of Fleischmanns. The lot features a 14-foot wide by 66-foot long poured concrete mobile home pad complete with tiedowns. All systems are in place for a new mobile home. An attached 10-foot by 12-foot shed, formerly used as a beauty salon, can serve as an additional room for a new mobile home or an accessory structure. A small tool shed is located at the rear of the property. An additional accessory shed is also situated in the rear near the stream. The lot is served by a 200amp electric service pole with a conduit leading to the concrete pad. A drilled well has been tested and approved, yielding 30 GPM. An existing failed septic system has DEP-approved designs for a new septic system. The 0.16-acre lot, equivalent to 924 square feet, is fully fenced on three sides and includes several flower beds and a small fountain in the corner adjacent to the river.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Amy's Custom Cuts Hair Salon

    Suggested Use

    Real Estate Agency Building Supply Big Box & Wholesale Store Hair Salon Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Bed & Breakfast Home Appliance Store Pet Store Plumbing Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fleischmanns
    County
    Delaware
    State
    New York
    Longitude
    -74.553583
    Latitude
    42.158297

    Nearby Similar for Sale

    • $1,475,000
      936,000 SF

      92+ Acres in Catskills Mountains

      Secluded 92.30-acre property near Fleischmanns, NY, with development potential.
      Red Kill Road, Fleischmanns, NY 12430
      View Details
    • $549,000

      Income Producing Land Near Belleayre

      100 acres with house near Belleayre Mountain, perfect for a farm.
      574 Turk Hollow Rd, Fleischmanns, NY
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Charming riverfront lot with utilities in place, ready for development.
    Where is this residential land & home lot located?
    The property is located at 746 Old Route 28 Fleischmanns, NY.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: River front property with direct river access; Complete mobile home pad with tiedowns and existing utility connections (200amp electric service, well); Well tested and approved, yielding 30 GPM
    (607) 326-7047
    We can help!
    Listing Contact
    Allen R. Hinkley
    Real Estate License ID: 10301216310
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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