942 Muriel Peterson Dr, Princetown, NY 12056
This exceptional 1-acre vacant lot presents a remarkable opportunity for building your dream home in the sought-after town of Princetown, New York. Located within the highly-regarded Schalmont School District, this property boasts a desirable location and convenient access to major transportation routes. The lot itself is cleared and level, simplifying the construction process. A significant advantage is the existing 2-car garage, providing ample storage space even before construction begins. Utilities are already in place, including public water, electricity, a drilled well, and a functioning septic system, eliminating the need for extensive upfront infrastructure development. The property's strategic location offers easy access to the New York State Thruway and I-88, ensuring a seamless commute to surrounding areas. With its ideal combination of location, size, and existing infrastructure, this property is an exceptional value at $55,000. The 43,560 square foot lot provides ample space for a substantial home and landscaping. This is a rare opportunity to acquire a ready-to-build lot in a highly desirable location. Don't miss out on this chance to create your perfect home in Princetown. The property is situated at 942 Muriel Peterson Drive, Princetown, NY 12056.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
5 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.