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    Recreational Land with Two-Road Access Title is generated by Realmo AI

    503 Fountain Street, Constable, NY 12926

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    For Sale
    $250,000

    A large acreage parcel in Constable offers open meadows, wooded cover, and frontage on two roads for flexible recreation.

    Type:Land / Unimproved Land
    Property size:
    4,464,900 SF
    Lot size:
    102.50 Acres
    Price / SF:
    $0.06/SF
    Added:
    Jun 3, 2026
    Days on Market:
    6
    Last Refresh:
    Jun 6 at 4:40 am

    Property Features for 503 Fountain Street

    General Information

    Standard status
    Active
    Size
    4,464,900 SF
    Lot size
    102.50 Acres
    Property subtype
    Land / Unimproved Land

    We can help!

    Listing Contact
    Justin Brown
    Justin Brown

    Listing agent Justin Brown License #10491211724

    Listing office Let's Move Realty, LLC

    Listing date Jun 3, 2026

    Source Compass

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Let's Move Realty, LLC

    HighLights

    • 102.5‑acre property in Constable, NY with road frontage on two roads
    • Mix of open meadows, wooded acreage, and natural clearings
    • Wooded sections include young growth and mature cover areas (owner reports not fully logged in years)
    • Several open areas could support outdoor uses such as a camp, cabin, homestead site, or food plots (buyer to verify)
    • Private recreational space with options for hunting, ATV trails, and a recreational basecamp (buyer to verify intended use)
    • Located on Fountain Street; multiple access possibilities—buyer to verify zoning, utilities, and any subdivision potential

    Overview

    This for-sale recreational land parcel totals 102.5 acres and includes a mix of open meadows, wooded acreage, natural clearings, and young growth, along with private outdoor space. The owner indicates the property has not been completely logged in years, which may appeal to buyers seeking mature wooded sections, hunting, and added privacy. Several open areas could support a camp, cabin, homestead site, food plots, or a recreational basecamp, while the wooded portions provide cover and seclusion for outdoor use.

    The property features road frontage on two roads, which can create flexibility for access, trail layout, and future use planning. It is located on Fountain Street in Constable, NY. As with any land purchase, buyers should confirm intended use and evaluate site-specific considerations before final decisions.

    From a practical standpoint, the acreage mix and two-road frontage may fit buyers looking for hunting land, ATV trail use, or a private retreat with room to create and expand outdoor activities over time. Buyer should verify intended use, zoning, utilities, building options, timber value, and any subdivision potential with the appropriate professionals and local authorities.
    Location Intelligence

    Current Use by Public Records

    Hunting land

    Map

    City
    Constable
    County
    Franklin
    State
    New York
    Longitude
    -74.2530849
    Latitude
    44.969235

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    FAQs

    What type of property is this?
    Hunting land - A large acreage parcel in Constable offers open meadows, wooded cover, and frontage on two roads for flexible recreation.
    Where is this hunting land located?
    The property is located at 503 Fountain Street Constable, NY.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: 102.5‑acre property in Constable, NY with road frontage on two roads; Mix of open meadows, wooded acreage, and natural clearings; Wooded sections include young growth and mature cover areas (owner reports not fully logged in years)
    (518) 637-3492
    We can help!
    Listing Contact
    Justin Brown
    Justin Brown
    Real Estate License ID: 10491211724
    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.

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