2971 State Route 66

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2971 State Route 66

Chatham, NY 12037
Asking Price
Contact for price
Asset Type
Farm Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Parcel of farm land located at 2971 State Route 66
  • Situated within the growing market of Chatham, New York
  • Asset category is land with a farm sub-type classification
  • Property offers accessibility near major regional roadway infrastructure
  • Suitable site for future agricultural or potential commercial development

What's Special

Chatham serves as a gateway to the scenic Hudson Valley, a region known for its rolling hills and strong agricultural tradition. Situated at 2971 State Route 66, this parcel of land offers a quiet setting within a growing suburban area of New York. The property is currently designated as farm land, providing a clean slate for developers or agricultural operators looking to establish a presence in this rural yet accessible community. Investors and business owners may consider the site for various potential uses that align with local zoning regulations and the regional focus on land-based enterprises. The surrounding area benefits from steady interest in both residential and commercial development, supported by established road networks that facilitate regional access. Prospective buyers can explore the development potential of this acreage while considering the favorable growth trends and the natural appeal characteristic of the Chatham market.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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