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    375 Log Cabin Road Vestal, NY 14564

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    New
    For Sale
    $225,000

    LAND - Ranch - Vestal, NY

    Type:Single Family Residence
    Property size:
    1,000 SF
    Lot size:
    11.10 Acres
    Price / SF:
    $225/SF
    Added:
    May 1, 2026
    Days on Market:
    2
    Last Refresh:
    May 2 at 8:06 am

    Property Features for 375 Log Cabin Road

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Rooms
    Basement
    Parking features
    Garage
    Vegetation
    Wooded
    Interior features
    SeparateFormalLivingRoom, SlidingGlassDoors
    Exterior features
    GravelDriveway, Landscaping, PropaneTankOwned
    Appliances
    ElectricWaterHeater, Refrigerator
    Standard status
    Active
    APN
    324889-006-001-0001-032-200
    Size
    1,000 SF
    Lot size
    11.10 Acres

    Taxes and HOA fees

    Tax Annual Amount
    4384

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Propane (Heating)
    Water source
    Well

    Building Details

    Year built
    1946
    Floors in Building
    1
    Building materials
    WoodSiding, CopperPlumbing
    Roof type
    Asphalt
    Architectural style
    Ranch
    Additional Structures
    Garage(s)

    We can help!

    Listing Contact
    Alison L Kykendall

    Listing agent Alison L Kykendall License #10301201063

    Listing office RE/MAX Plus 2171 Monroe Avenue, Rochester, NY

    Listing date May 1, 2026

    MLS# R1677843 Listing URL

    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.

    Overview

    Wooded 11-Acre Ranch Property

    This 11.1-acre wooded property is located in the Victor School district. The land offers privacy and natural charm, creating a secluded setting suitable for a future home, retreat, or recreational getaway, with convenient access to Victor Village, Eastview Mall, 490, and the NYS Thruway. Utilities are already on site. The property includes an existing 1,000 square foot cabin that has been mostly gutted. A detached two-car garage provides space for vehicles and equipment, along with an attached workshop. An additional storage shed offers room for tools and outdoor gear. This property offers a combination of acreage, convenience, and opportunity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Vestal
    County
    Broome
    State
    New York
    Longitude
    -77.4245
    Latitude
    42.982

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    FAQs

    What type of property is this?
    Residential land & home lot - 11 acres with cabin, garage, and utilities in Vestal.
    Where is this residential land & home lot located?
    The property is located at 375 Log Cabin Road Vestal, NY.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: 11 acre wooded property in Victor School district offering privacy and natural charm.; Utilities are already on site, providing a valuable head start.; Existing 1,000 Sq Ft cabin (mostly gutted) - ready for renovation or new construction.
    (585) 481-2602
    We can help!
    Listing Contact
    Alison L Kykendall
    Real Estate License ID: 10301201063
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    375 Log Cabin Road, Vestal, NY 14564

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