Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    61 Dugway Road Hillsdale, NY 12529

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $325,000

    Land with stream, building site, and artesian well.

    Type:Land or Vacant Lot
    Lot size:
    49.91 Acres
    Added:
    May 9, 2025
    Days on Market:
    348
    Last Refresh:
    Apr 5 at 10:07 pm

    Property Features for 61 Dugway Road

    General Information

    Standard status
    Active
    Lot size
    49.91 Acres
    Property subtype
    Land or Vacant Lot

    We can help!

    Listing Contact
    JEFFREY MCKINNEY

    Listing agent JEFFREY MCKINNEY

    Listing office BEACH & BARTOLO REALTORS

    Listing date May 9, 2025

    Source Corcoran

    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 BEACH & BARTOLO REALTORS

    Overview

    49+ Acres with Artesian Well

    This property features over 49 acres situated between Chatham, NY, and Great Barrington, MA, offering both privacy and accessibility. It has road frontage on two roads. A stream winds through the wooded landscape. The property includes a cleared building site where a home once stood, along with an artesian well providing a continuous water supply. An older septic system is in place, as well as a rough driveway. The land offers opportunities for recreation and gardening.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Hillsdale
    County
    Columbia
    State
    New York
    Longitude
    -73.4893
    Latitude
    42.2665

    Nearby Similar for Sale

    • $259,000
      2,304 SF

      Mixed-Use Building in Hillsdale, NY

      Mixed-use property with three rentable spaces in excellent condition.
      9249 Route 22, Hillsdale, NY 12529
      View Details
    • $425,000

      83 Acres Land in Hillsdale

      Land with stream, well, and potential building site.
      50 - 61 Dugway, Hillsdale, NY 12529
      View Details
    • $785,000
      1,500 SF

      Hillsdale Mixed-Use Property with Garage

      Mixed-use property with auto repair garage and residential rental potential.
      9254 Route 22, Hillsdale, NY 12529
      View Details
    • $595,000
      2,057 SF

      Hillsdale Mixed-Use Commercial Building

      Renovated 1790s building zoned for residential and commercial use.
      2657 State Route 23, Hillsdale, NY 12529
      View Details
    • $299,000

      Serene 49-Acre Land Parcel

      Land with stream, artesian well, and building site.
      61 Dugway Road, Hillsdale, NY 12529
      View Details
    • $175,000

      Hillsdale, NY Wooded Land Parcel

      33.31 acres of untouched wooded land in Columbia County.
      50 Dugway Road, Hillsdale, NY 12529
      View Details
    • $600,000

      Hillsdale Commercial Property Investment Opportunity

      Commercial property in Hillsdale, NY, offering flexibility and high visibility.
      2638 State Route 23, Hillsdale, NY 12529
      View Details
    • $1,080,000

      Farmland Near Hillsdale with Barn

      72-acre farmland with barn complex and extensive road frontage.
      Yonderview Road, Hillsdale, NY 12529
      View Details
    • $999,000

      300 Acre Wilderness Retreat

      300-acre wilderness with waterfalls, streams, pond, and caretaker's house.
      25 Nobletown Road, Hillsdale, NY 12529
      View Details
    • $199,000

      33 Acres of Untouched Land

      33.31 acres of wooded land in Columbia County, NY.
      50 Dugway Road, Hillsdale, NY 12529
      View Details
    • $499,000

      Serene 83-Acre Land Parcel

      Tranquil 83-acre land parcel with stream, well, and potential.
      50 - 61 Dugway, Hillsdale, NY 12529
      View Details
    • $1,695,000

      Picturesque Land in Hillsdale

      Three contiguous lots with meadows, woods, and hill views.
      0 Mitchell Street, Hillsdale, NY 12529
      View Details

    FAQs

    What type of property is this?
    Land - Land with stream, building site, and artesian well.
    Where is this land located?
    The property is located at 61 Dugway Road Hillsdale, NY.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: 49+ acres of land offering privacy and potential.; Easily accessible with road frontage on two roads.; Cleared building site from a previous home.
    (518) 392-2700
    We can help!
    Listing Contact
    JEFFREY MCKINNEY
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!