446 Maples RD, Milford, NY 13348
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446 Maples RD, Milford, NY 13348
446 Maples RD, Milford, NY 13348
446 Maples RD, Milford, NY 13348
446 Maples RD, Milford, NY 13348
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$ 3,500,000
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446 Maples RD Milford, NY 13348

12.92 Acres Lot


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Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

MLS Listing ID R1694572

Construction Status Existing

HOA Y/N No

Year Built 1984

Annual Tax Amount $5,704

Lot Size 12.920 Acres

Acres 12.92

Lot Dimensions 467X1237

Property Sub-Type Business

Property Description

Cooperstown, NY investment opportunity - Highly successful STR vacation, mid-term and long-term rentals on 12 acres in the home of the National Baseball Hall of Fame, Dreams Park youth baseball tournaments and Ommegang Brewery. Only 3 and ½ hours drive from New York City, Double Play Cabins are popular with baseball, brewery and nature enthusiasts. Modern houses and cabins (11 rental units) built or renovated since 2017. Expansion approval in place for 6 additional cabins (11 additional units). Proven $400K annual rent, high percentage NOI and occupancy rates. No STR rental restrictions. 5-Star reviews on Google and Airbnb. All units were built or renovated in 2017 or later and have modern amenities. Buildings and infrastructure are maintained in excellent condition. Four (4) Chalet style cabins each with 2 Bedrooms and 2 Baths; Two (2) Houses each with 3 Bedrooms and 2 Baths; Three (3) Log cabin Park Model RVs each with 2 Bedrooms and 1 Bath; Two (2) units in a Modular home with 3 Bedrooms and 2 Baths in the upper unit and 2 Bedrooms and 1 Bath in the lower unit. Other Buildings: A 140 sq. ft. office shed with a deck. Two (2) utility sheds with laundry machines A small rustic equipment storage shed Infrastructure: Water is provided by 3 wells (2 main and 1 back up). Multiple septic systems with tanks and leach fields. Electricity is provided by NYSEG. High Speed Internet service is via 1 Gigabit fiber. Amenities include fire pits, swing set, basketball hoop Acreage and Landscape: All units are set on two adjoining 6-acre lots (totaling12 acres) with grassy fields, gentle slopes and wooded areas of hardwood and evergreen trees. The property has two entrances from Maples Road and an interior gravel road for driving to each unit. The distant hills are visible from high points on the property. The property is technically in the Town of Hartwick, with no short-term rental restrictions or regulations.

Location

State NY

County Otsego

Area Hartwick-363200

Zoning Res/Multi

Interior

Heating Electric, Oil, Baseboard, Central, Radiant

Inclusions Land, Building and Business

Fireplace No

Exterior

Utilities Available Electricity Connected

Roof Type Metal

Total Parking Spaces 25

Building

Lot Description Rectangular, Rectangular Lot

Story 1

Sewer Septic Tank

Water Well

Level or Stories One

Structure Type Wood Siding

Construction Status Existing

Schools

School District Cooperstown

Others

Tax ID 363200-161-000-0001-006-023-0000

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

Virtual Tour https://www.RealEstateDiane.com


Listed by Realmart Realty, LLC
Anthony Heath

Anthony Heath

Team Lead / Lead Agent

+1(607) 267-3166

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446 Maples RD