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Hamilton County, NY · Sold

NY-116492

4904 County Road 216

$174,000
$2,869/ac · 60.65 ac
Acreage60.65 ac
Price per acre$2,869/ac
ZoningRecreational
Road accessGravel
UtilitiesOff grid
TopographyWooded
ListedJul 6, 2026
Coordinates43.6501, -74.6051
Loading terrain…
County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Hamilton County, New York. Upstate and Southern Tier acreage well below downstate expectations.

View Hamilton market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
17
Low risk
Wetlands6.6% of tract

Little to no mapped wetland coverage.

Average slope2.8%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power3,582 ft away

Service extension needed; get a utility quote.

Buildable area53.81 of 60.65 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$159,191
$133,771$184,610 · $2,625/ac on 60.65 ac
Asking vs estimate
+9.3%
Priced above the comp set

Weighted from 7 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $174,000
Maximum allowable offer
$90,966
$1,500/ac · +30.0% target margin

You need $83,034 off asking to hit this margin.

All-in cost$98,698
Net resale$146,455
Projected profit$47,757
ROI+48.4%
Annualized+69.3%
Break-even resale$1,769/ac
Profit if resale lands off target
-20%
$18,466
-10%
$33,112
0%
$47,757
+10%
$62,403
+20%
$77,048
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NY-366984
Landlocked · Off grid
86.6Jul 27, 2026$124,6001,4392,2987.7 mi
80
NY-118417
Gravel · Off grid
244.6Apr 26, 2026$436,4001,7842,5764.3 mi
70
NY-165759
Gravel · Full utilities
35.7May 23, 2025$147,1004,1252,7267.0 mi
70
NY-636035
Landlocked · Power at road
43.6Dec 5, 2024$82,4001,8932,3704.9 mi
69
NY-888516
Paved · Off grid
262.8Jul 18, 2026$481,2001,8312,2664.9 mi
69
NY-608366
Dirt · Off grid
235.7Oct 14, 2024$374,8001,5902,8106.3 mi
57
NY-558277
Dirt · Full utilities
221.0May 18, 2024$662,5002,9983,68212.3 mi
51
Show adjustment detail for the top comp
  • Tract size (86.62 ac → 60.65 ac)+8.4%
  • Access (Landlocked → Gravel)+47.1%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.