57 Grant Road
About This Property
Discover the perfect blend of privacy, nature, and opportunity with this parcel nestled in the heart of Herkimer County. Located on peaceful Grant Road in Cold Brook, NY, this vacant land offers a blank canvas for your dream home, cabin retreat, or recreational haven. Expansive 6.14 acres of wooded terrain with potential for clearing. Rural setting with minimal traffic and abundant wildlife. Electric nearby for easy utility access. No HOA or deed restrictions – build your way
Minutes from Hinckley Reservoir, hiking trails, and snowmobile routes. Ideal for off-grid living, hunting, or weekend getaways
Location Perks: 30 mins to Utica, 1 hour to Syracuse, Close to Adirondack Park for year-round outdoor adventures, Easy access to Route 8 and Route 365. Whether you're looking to invest in land, build a secluded homestead, or simply escape the hustle, this property delivers.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 6, 2026 | Sold | ||
| Sold | |||
| Feb 3, 2026 | In contract | - | |
| In contract | |||
| Sep 5, 2025 | Price Decreased |
$27,000
↓ $8K
(22.9%) | |
| Price Decreased | |||
| Aug 12, 2025 | Listed by Listwithfreedom.com | $35,000 | |
| Listed by Listwithfreedom.com | |||
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Address: 335 Madison Avenue, New York, NY 10017