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487 Cauterskill Rd
Score
0
Catskill, NY

487 Cauterskill Rd

269K
bd • ba • sf

This analysis was generated on 2/21/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

0:00
0:00 / 0:00
List Price

$269,000

Price/Sq.Ft

$269,000

Year Built

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

• Large Acreage: The 26.70-acre property offers ample space for development, recreation, and privacy. The size is significantly larger than typical residential lots in the area, offering a sense of seclusion and potential for various uses. • Scenic Views: The property boasts breathtaking views of Vedder Mountain, enhancing its appeal and providing a tranquil setting. Mountain views often command a premium in real estate value. • Natural Water Source: The year-round brook provides a valuable water source and adds to the property's aesthetic beauty. A brook can enhance the property's appeal for nature lovers and potentially be used for irrigation or other purposes. • Proximity to Attractions: The property is conveniently located near Catskill's business district, Palenville's artist colony, and popular destinations like Woodstock and Hunter Mountain. This accessibility balances seclusion with access to amenities and attractions. • Minimal Flood Risk: A flood risk score of 1/10 and FEMA Zone X_UNSHADED designation suggests a low risk of flooding, reducing the need for flood insurance and providing peace of mind.

The Bad

• Undeveloped Land: The property lacks basic infrastructure such as electricity, water, and sewer, requiring significant investment to make it habitable. • Unknown Building Restrictions: The property description mentions that development options are limited by what the Town of Catskill permits, but specific restrictions are not listed. This uncertainty could deter some buyers. • Limited Information: The listing provides minimal details about the property's soil quality, topography, and potential building sites. A thorough site assessment is needed before making an informed decision. • Off-Grid Challenges: Living off-grid requires self-sufficiency and may involve additional maintenance and operational costs compared to traditional homes with utility connections.

The Ugly

• Off-Grid Development Costs: Developing an off-grid property can be significantly more expensive than connecting to existing utilities. Solar panel systems, well drilling, septic system installation, and battery storage can quickly add up to tens of thousands of dollars. • Potential Zoning Issues: The property's zoning designation and any associated restrictions could limit development options. It's crucial to verify permitted uses and building requirements with the Town of Catskill before proceeding. • Dependence on Well Water and Septic Systems: Well water quality can vary over time and may require ongoing testing and treatment. Septic systems require maintenance and may need replacement after a certain period, adding to long-term costs. • Lack of Immediate Income Potential: As unimproved land, the property does not generate any immediate income. Holding costs, such as property taxes, will need to be covered until the property is developed or sold.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

• Visionary Buyers: The property suits buyers with a strong artistic sense who appreciate the existing sculpture park and are inspired to expand upon it. The existing art installations could attract visitors and potentially generate income through tours or events. • Nature Enthusiasts: The 26.70 acres of mature woodlands with a year-round brook provides an ideal setting for those seeking a tranquil retreat and connection with nature. The proximity to Vedder Mountain offers hiking and outdoor recreational opportunities. • Buyers Seeking Privacy and Seclusion: The property's off-grid nature and substantial acreage provides a high degree of privacy and seclusion, appealing to those seeking an escape from urban living. • Buyers Interested in Sustainable Living: The property's off-grid nature presents an opportunity for sustainable living practices, such as solar power, rainwater harvesting, and permaculture. The land can be developed for organic gardening or small-scale farming.

Not For

• Buyers Seeking Turnkey Properties: The undeveloped nature of the land requires significant investment and effort to develop, making it unsuitable for those seeking a move-in-ready home. • Buyers Requiring Urban Amenities: The off-grid location and rural setting may not appeal to those who prioritize immediate access to shopping, dining, and entertainment options. • Buyers with Limited Budgets: Developing the land for residential use involves substantial costs for infrastructure, utilities, and construction. Buyers should have sufficient financial resources to cover these expenses. • Buyers Unwilling to Manage Environmental Risks: The moderate fire and wind risks, along with the potential for flooding, require proactive management and insurance coverage, which may deter risk-averse buyers.
Demographics
Area Median Income

$0

Property History

Price History
Ownership Timeline
$0Cash Purchase
Nov 14, 2011
Matthew S BuaMatthew S Bua
Intrafamily Transfer
Non-Arm's Length Transactions
$33,000Cash Purchase
Dec 8, 2006
Al CanaletichMatthew S Bua
Deed
Non-Residential Arm's Length Transactions
$9,900Cash Purchase
Jun 25, 2001
Properties Of Ny IncJohn J Ninivaggi
Deed
Non-Residential Arm's Length Transactions

Property Taxes

$0
2023 Tax Assessment
Assessed Value$33,400
Tax Rate0.00%

Sunlight Analysis

Visualize how sunlight affects this property throughout the day and year.

Sunlight Analysis

Data provided by Shadowmap

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Risk Assessment

Climate Risks

fireMODERATE

Insurance: Recommended

heatMINIMAL

7 extreme heat days per year

98th percentile: 99°F

windMINIMAL

Insurance: Recommended

airMINIMAL

0 bad air quality days per year

floodMINIMAL

FEMA Zone: Minimal Risk Area

Insurance: Optional

Risk Analysis

• Development Costs: Installing utilities, building a home, and addressing site-specific challenges can be expensive and time-consuming. Costs can easily exceed initial budget estimates. • Zoning and Permitting: Obtaining necessary permits and complying with local zoning regulations can be complex and may limit development options. Delays in the permitting process are possible. • Environmental Concerns: Septic system installation requires careful consideration of soil conditions and environmental regulations. Well water quality and quantity should be thoroughly tested before relying on it as a primary water source. • Market Volatility: Real estate values in Catskill can fluctuate based on tourism, economic conditions, and local development trends. Buyers should be aware of potential market risks and conduct thorough due diligence. • Accessibility: The property's off-grid location may present challenges during winter months due to snow and ice. Access to emergency services may be limited in remote areas.
Insurance
Annual Cost

$968

$81 per month

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Schools

Catskill Elementary School

Public•Grades PK-5
5/5
Primary
3.2 mi
Get more information on GreatSchools

Catskill Middle School

Public•Grades 6-8
6/5
Middle
3.1 mi
Get more information on GreatSchools

Catskill Senior High School

Public•Grades 9-12
6/5
High
3.1 mi
Get more information on GreatSchools

Financials

Monthly Costs
Market Rent (0 bed)

$0

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