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Hamilton County, NY · Sold

NY-830467

5687 County Road 40

$4,300
$5,584/ac · 0.77 ac
Acreage0.77 ac
Price per acre$5,584/ac
ZoningMixed Use
Road accessGravel
UtilitiesPower at road
TopographyWooded
ListedSep 25, 2025
Coordinates43.5588, -74.4848
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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

3 items to verify before you offer.

Risk index
20
Low risk
Wetlands11.6% of tract

Little to no mapped wetland coverage.

Average slope2.4%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power248 ft away

Power at or near the road.

Buildable area0.65 of 0.77 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$3,763
$3,353$4,173 · $4,887/ac on 0.77 ac
Asking vs estimate
+14.3%
Priced above the comp set

Weighted from 6 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 $4,300
Maximum allowable offer
$2,150
$2,793/ac · +30.0% target margin

You need $2,150 off asking to hit this margin.

All-in cost$2,333
Net resale$3,462
Projected profit$1,129
ROI+48.4%
Annualized+69.3%
Break-even resale$3,293/ac
Profit if resale lands off target
-20%
$437
-10%
$783
0%
$1,129
+10%
$1,476
+20%
$1,822
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NY-821482
Dirt · Off grid
1.6Jul 27, 2026$5,2003,2054,43210.3 mi
75
NY-210452
Dirt · Power at road
0.8Feb 1, 2024$3,3004,3385,58212.6 mi
70
NY-372624
Gravel · Full utilities
3.7Jul 27, 2026$18,0004,9024,14511.6 mi
69
NY-691360
Gravel · Power at road
1.5Apr 24, 2024$6,5004,4294,8942.1 mi
69
NY-612277
Gravel · Power at road
2.9May 7, 2025$12,8004,4664,8056.1 mi
67
NY-782394
Paved · Power at road
3.1Jun 13, 2025$19,1006,1185,57011.4 mi
61
Show adjustment detail for the top comp
  • Tract size (1.61 ac → 0.77 ac)+0.9%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Off grid → Power at road)+17.6%

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.