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    OFF-MARKET
    Land

    304 Shoddy Hollow Rd, Otisville, NY 10963

    862,488 SF 19.8 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 19.8-acre vacant land parcel in Mount Hope, NY, presents a remarkable investment opportunity. Located at 304 Shoddy Hollow Road, Otisville, NY 10963, this expansive property offers unparalleled versatility. Previously utilized as a private resort accommodating over 180 guests, the site boasts existing infrastructure including a main house (built 1984) featuring four bedrooms, three bathrooms, a full unfinished basement, and vaulted ceilings. Ten additional outbuildings, each with plumbing and electricity, are also present, though requiring repairs. Recreational amenities include a concrete inground pool and tennis courts. A pond adds to the property's natural beauty, ideal for outdoor enthusiasts. The land's zoning has recently changed, simplifying potential subdivision into new homes. Alternatively, the property could be utilized as a single-family residence on expansive grounds or, with town approval, as a day camp, continuing its legacy of recreational use. Conveniently located near local amenities, including restaurants and shopping, and with easy highway and train access, this property offers a unique blend of rural tranquility and urban accessibility. New York City is only 90 minutes away. The total square footage is 862,488 square feet. This property is priced at $1,750,000.

    Property profile
    Verified
    Property type Land
    Total area 862,488 SF
    Lot 19.8 ac (862,488 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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