Hunting Land with
For Sale
$105,900
0 NYS Route 16, Hinsdale, NY 14743
Land, Hinsdale, NY
Property Size576 SF
Lot Size14.43 Acres
Price / SF$183.85
Days on Market443
Property Features for 0 NYS Route 16
General Information
Property type
Land
Property subtype
Other
Parking features
Driveway
Vegetation
Wooded
Window features
Skylight(s)
Patio and Porch features
Porch
Interior features
EatInKitchen, PullDownAtticStairs, Skylights
Exterior features
DirtDriveway, RainGutters
Fireplace
1
Lot features
Irregular Lot, Rural Lot, Wooded
Elementary school district
Franklinville
Middle school district
Franklinville
High school district
Franklinville
Directions
Use 5790 NY-16 Hinsdale, NY 14743 for GPS. Turn into private driveway between 5730 & 5790 Rte. 16. Stay to the left, take this road up the hill and follow directionals.
Subdivision
Ischua-045000
Standard status
Active
APN
045000-058-004-0001-005-016-0000
Size
576 SF
Lot size
14.43 Acres
Taxes and HOA fees
Tax Annual Amount
1543
Utilities
Sewer type
Holding Tank
Building Details
Year built
1950
Floors in Building
1
Flooring type
Varies, Vinyl
Building materials
AluminumSiding
Roof type
Metal
Architectural style
Other
Additional Structures
Shed(s)
Listing Agency:
WNY Metro Roberts Realty
(716) 875-2211
Listed By:
Suzanne Mangus · License #10401345559
(716) 578-6447
Added: Jun 4, 2025
Changed: Aug 19
Last Checked: Aug 20 at 5:06AM
MLS# B1612161
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.
Investment Insights
Based on property information with market context.
This wooded hunting land offering includes a rustic hilltop cabin on 14.43 acres in the Enchanted Mountains of Cattaraugus County. The cabin was updated while preserving its charm, including a 1-year-old metal roof extended over the front porch, two brand-new skylights, fresh paint, and an interior renovation completed in 2024 with all-new insulation, walls, and brand-new flooring throughout.
Inside, the layout features an open kitchen/great room with a wood-burning fireplace, one bedroom for overnight stays, and interior elements such as eat-in kitchen styling and pull-down attic stairs. A new addition provides additional bathroom space. Outdoors, a spacious deck supports quiet, private viewing of the surrounding woods.
Property improvements and basic infrastructure include aluminum siding, rain gutters, and a dirt driveway. Sewer service is provided by a holding tank. The property is located at 0 NYS Route 16 in Hinsdale, NY 14743.
Inside, the layout features an open kitchen/great room with a wood-burning fireplace, one bedroom for overnight stays, and interior elements such as eat-in kitchen styling and pull-down attic stairs. A new addition provides additional bathroom space. Outdoors, a spacious deck supports quiet, private viewing of the surrounding woods.
Property improvements and basic infrastructure include aluminum siding, rain gutters, and a dirt driveway. Sewer service is provided by a holding tank. The property is located at 0 NYS Route 16 in Hinsdale, NY 14743.
Key Highlights
- 14.43 acres of wooded privacy with a hilltop cabin
- 1‑year‑old metal roof extended over the front porch plus rain gutters
- Interior renovation completed in 2024 with all‑new insulation, walls, and brand‑new flooring
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$3,478
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.28%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$69,560
$69.6K
Cap Rate 7%
$49,686
$49.7K
Cap Rate 9%
$38,644
$38.6K
Market Conditions
NOI Build-Up for 576 SF
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.
Gross rent
$6.9K $12.00/SF
− Vacancy
−$588 −$1.02/SF
EGI
$6.3K $10.98/SF
− OpEx
−$2.8K −$4.94/SF
NOI
$3.5K $6.04/SF
Area
Cattaraugus County, NY
Vacancy
8.50%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$69,560
Cap Rate 7%
$49,686
Cap Rate 9%
$38,644
Alternative Uses
Best Use
Apartment 5plus
$49.7K
$43.5K – $58.0K
NOI $3,478 @ 7.0% cap · market cap 3.28%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$113.8K
$99.6K – $132.8K
NOI $7,969 @ 7.0% cap · market cap 7.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2
Businesses Nearby
Explore this area
Business Placement
Demographics for 14743, NY
1,584
Population
1,111
Households
1.4
Avg Household Size
47
Median Age
11%
College-Educated
92%
High-School Grad
45.1 sq mi
ZIP Area
35
Density / Sq Mi
$56,397
Median Household Income
$34,783
Median Earnings
$749
Median Rent
$95,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hunting land - Wooded acreage featuring a rustic cabin with a metal roof, deck, wood-burning fireplace, and holding tank
Where is this hunting land located?
The property is located at 0 NYS Route 16 Hinsdale, NY.
What is the asking price?
The asking price for this property is $105,900.
What are key features of this property?
This property features: 14.43 acres of wooded privacy with a hilltop cabin; 1‑year‑old metal roof extended over the front porch plus rain gutters; Interior renovation completed in 2024 with all‑new insulation, walls, and brand‑new flooring
