V/L-4 Putt Hill Road
About This Property
Predominantly open, the parcel features gently rolling topography well suited for rotational grazing and hay production. Hedgerows and scattered mature oak, maple, and hickory trees provide natural character while offering welcome shade for livestock throughout the grazing season. An existing well is already located on the property, and electric is available at the road, creating a strong foundation for future agricultural or residential improvements, subject to municipal approvals.
Beyond its agricultural appeal, the mix of open pasture, mature trees, and natural cover creates an attractive setting for wildlife. Whether pursuing whitetail deer, enjoying evenings around a future homesite, or simply taking in the surrounding countryside, the property offers the flexibility to fit a variety of lifestyles.
As part of a larger farm subdivision, this parcel may be purchased individually or combined with adjoining tracts to create a larger farm or recreational property tailored to your needs, subject to final survey and seller approval.
With productive pasture, existing well, available utilities, and multiple possibilities for farming, recreation, or country living, this parcel offers the opportunity to shape the land around your vision while enjoying the beauty of Chemung County's rolling countryside.
Taxes TBD Upon Final Survey/Survey and Assessment
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 7, 2026 | In contract | - | |
| In contract | |||
| Aug 8, 2026 | Listed by Whitetail Properties Real Estate, LLC | $159,900 | |
| Listed by Whitetail Properties Real Estate, LLC | |||
| Sep 8, 2006 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017