2171 County Highway 8, Otego, NY 13825
- Added:
- Jan 21, 2026
- Days on Market:
- 145
- Last Refresh:
- Jun 15 at 3:06 pm
Property Features for 2171 County Highway 8
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 7
- Bathrooms
- 3
- Rooms
- Bedroom 5, Bedroom 1, Bedroom 3, Bathroom 1, Bedroom 7, Bathroom 2, Bathroom 3, Bedroom 6, Bedroom 4, Bedroom 2
- Parking features
- Paved or Surfaced
- Appliances
- ElectricWaterHeater
- Standard status
- Active
- APN
- 272.00-1-59.00
- Size
- 800 SF
- Lot size
- 1.80 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2005
Utilities
- Heating system
- Propane (Heating), Forced Air, Oil
- Water source
- Well
Building Details
- Year built
- 1975
- Floors in Building
- 1
- Number of units
- 3
- Flooring type
- Varies, Vinyl, Carpet
- Building materials
- AluminumSiding, ShakeSiding, VinylSiding
Listing agent Christine Keto License #30KE1019431 (607) 287-8458
Listing office Oneonta Realty, LLC 99 Main Street, Oneonta, NY (607) 441-7312
Listing date Jan 21, 2026
Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Investment opportunity with income potential from 3 existing mobile homes.
- 3 Parcels totaling almost 2 acres with mountain views.
- Excellent location near Cooperstown All Star Village, Otego, and Oneonta.
- Potential for building a new home or rental cabins.
- Each mobile home has its own electric meter, heating system, septic, and yard.
- Includes 3 storage containers and ample parking.
Overview
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $12.5k | $15.60 |
| − Vacancy | −$624 | −$0.78 |
| EGI | $11.9k | $14.82 |
| − OpEx | −$5.3k | −$6.67 |
| NOI | $6.5k | $8.15 |
Alternative Uses
Current Use by Public Records
Map
- City
- Otego
- County
- Otsego
- State
- New York
- Longitude
- -75.168336
- Latitude
- 42.489555
