Property profile

304 Shoddy Hollow Rd Otisville, NY 10963

OFF-MARKET
Land
862,488 SF 19.8 ac lot
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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

Location

304 Shoddy Hollow Rd Otisville, NY 10963
Otisville metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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