944 Muriel Peterson Dr, Princetown, NY 12056
This exceptional one-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 completely cleared and level, simplifying the construction process and minimizing site preparation costs. Adding to its appeal is a pre-existing two-car garage, providing ample storage space even before construction begins. Utilities are readily available, with existing electricity, public water access, a drilled well, and a septic system already in place. This eliminates the significant expense and time associated with establishing these essential services. The property's strategic location offers easy access to the New York State Thruway and Interstate 88, ensuring a seamless commute to surrounding areas. With its ideal combination of location, size, and existing infrastructure, this lot represents an exceptional value and a fantastic opportunity to build in a highly desirable community. The 43,560 square foot parcel is ready for immediate development, making it an attractive option for both builders and individuals seeking to create their perfect home. The asking price is $55,000.
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.