Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Mt Prosper Rd Wurtsboro, NY 12790
    Back to Search
    Property profile & analytics

    Mt Prosper Rd, Wurtsboro, NY 12790

    View on Map
    • Land
    • 3,038,310 SF
    • 69.75 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Mt Prosper Rd

    Lot size
    69.75 lot acres
    Property type
    Land

    Description

    This expansive 69.75-acre vacant land parcel in Mamakating, NY, presents a unique opportunity for those seeking privacy and outdoor recreation. Located on Mt Prosper Road, the property boasts 202 feet of road frontage. The land is zoned Mountain Greenbelt, offering a tranquil setting ideal for hunting, ATV riding, and other outdoor pursuits. Established off-road trails traverse the wooded acreage, enhancing recreational possibilities. The property's location provides a balance of seclusion and accessibility, situated less than 90 minutes from New York City and minutes from NY-17. Nearby attractions include the Resorts World Catskills Casino & Hotel, Bethel Woods, and various Hudson Valley wineries, breweries, shops, restaurants, farmers markets, and scenic hiking trails. For those seeking a complete package, an adjacent three-bedroom, one-bathroom log home is also available (MLS #6297608). This property is perfect for those seeking an escape from city life while remaining within easy reach of amenities and attractions. The asking price for this remarkable land is $399,999. The total square footage is 3,038,310. This is a rare opportunity to own a substantial piece of land in a desirable location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wurtsboro
    County
    36105
    State
    New York
    Longitude
    -74.5222
    Latitude
    41.5888

    Comparable in this City

    • Value Estimation by Request
      13.50 Acres

      1756 Us-209

      Distribution properties
      1756 Us-209, Wurtsboro Hills, NY 12790
      View Details
    • Value Estimation by Request
      5.67 Acres

      Winterton Rd

      MINING, MINERAL, QUARRIES
      Winterton Rd, Wurtsboro, NY 12790
      View Details
    • Value Estimation by Request
      1.10 Acres

      Winterton Rd

      MINING, MINERAL, QUARRIES
      Winterton Rd, Wurtsboro, NY 12790
      View Details
    • Value Estimation by Request
      0.52 Acres

      Walker Vly Rd

      VACANT COMMERCIAL LAND
      Walker Vly Rd, Wurtsboro, NY 12790
      View Details
    • Value Estimation by Request
      110.36 Acres

      Dump Rd

      MINING, MINERAL, QUARRIES
      Dump Rd, Wurtsboro, NY 12790
      View Details
    • Value Estimation by Request
      27.60 Acres

      145 Dump Rd, Unit 164

      MINING, MINERAL, QUARRIES
      145 Dump Rd, Wurtsboro, NY 12790-3115
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      Pending

      Land Parcel for Sale

      Land parcel with potential for combined lot development.
      22 Jersey Rd, Wurtsboro, NY 12790
      View Details
    • $82,000
      5.13 Acres

      Land Parcel in Wurtsboro, NY

      5+ acre parcel, ideal for building a new home.
      Budd Rd, Wurtsboro, NY 12790
      View Details
    • New
      $89,999
      1.52 Acres

      Wurtsboro Approved Building Lot

      Approved 1.52 acre building lot in Wurtsboro, NY.
      1027 Pine Kill Rd, Wurtsboro, NY 12790
      View Details
    • $52,000
      2.75 Acres

      Buildable Lot in Wurtsboro, NY

      2.75-acre unimproved lot for custom home in Sullivan County.
      Rambling Rd, Wurtsboro, NY 12790
      View Details
    • $84,900
      4.73 Acres

      Wurtsboro Land on Route 209

      4.73 acres of commercial land with extensive frontage.
      State Route 209, Wurtsboro, NY 12790
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,800 SF

      Retail/Office Space in Wurtsboro

      Retail/office spaces available for lease in Wurtsboro, NY.
      175 Us-209, Wurtsboro, NY 12790
      View Details
    • $2,525 /Mo

      Modern Townhome in Wurtsboro

      Modern 2-bedroom, 1.5-bath townhome near Wurtsboro town center.
      127 Pine St, Wurtsboro, NY 12790
      View Details
    • $1,400 /Mo
      5,663 SF

      Wurtsboro Commercial Space For Lease

      Second-floor commercial space in the heart of Wurtsboro, New York.
      126 Sullivan St, Wurtsboro, NY 12790
      View Details
    • $16 SF/Yr

      Wurtsboro Retail Spaces For Lease

      Three retail/office spaces available in Stewart's Shop plaza.
      187 Kingston Ave, Wurtsboro, NY 12790
      View Details
    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.
    Mt Prosper Rd
    Wurtsboro, NY 12790
    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

    Thank You for Inquiry
    Mt Prosper Rd, Wurtsboro, NY, 12790
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!