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    Operating Bed and Breakfast Opportunity Title is generated by Realmo AI

    7667 State Highway 80, Springfield Center, NY 13468

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    For Sale
    $359,000

    10-bedroom bed and breakfast near Cooperstown, New York.

    Type:Commercial
    Added:
    May 20, 2026
    Days on Market:
    10
    Last Refresh:
    May 20 at 3:33 am

    Property Features for 7667 State Highway 80

    General Information

    Standard status
    Active
    Property subtype
    Commercial

    Building Details

    Year Built
    1800

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    Listing Contact
    William J. Miller

    Listing agent William J. Miller

    Listing office

    Listing date May 20, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of William J. Miller

    HighLights

    • Fully operational bed‑and‑breakfast featuring 10 bedrooms, each with private baths, plus a 1‑bedroom owner's apartment.
    • Prime location near Cooperstown and Glimmerglass Opera, capitalizing on year‑round tourism.
    • Established business with potential for expanded revenue.
    • Classic architecture and inviting atmosphere create memorable guest experiences.
    • Flexible layout suitable for various uses.
    • Historic property (built in 1800) with solid structure and creekside setting.

    Overview

    The Hayden Creek Inn presents an opportunity to acquire a fully operational bed-and-breakfast featuring 10 bedrooms, each with private bathrooms, and a one-bedroom apartment suitable for owner's use or as an expanded suite. Situated in the scenic countryside of Central New York, the inn is located near Cooperstown, in the hamlet of Springfield Center. The property combines historical charm with the growing demand for destination lodging and experiential travel. The inn has been a favorite for Glimmerglass Opera guests and those seeking to avoid the Cooperstown crowds. Investors and entrepreneurs may find value in the inn’s established use, flexible layout, and potential for expanded revenue through events, retreats, farm-to-table dining, or boutique hospitality concepts. The property's atmosphere and architecture aim to create a memorable guest experience. The Hayden Creek Inn may be suitable as a refined country inn, wellness retreat, hybrid live/work venture, or spacious family home. The property could benefit from cosmetic updating, but its location and history may make it a restoration opportunity.
    Location Intelligence

    Current Use by Public Records

    Bed & breakfasts

    Suggested Use

    Restaurant Big Box & Wholesale Store Auto Repair Shop Gym & Fitness Center Hotel & Motel Food Market Storage Facility Garden Center Discount Store Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Hayden Creek Inn — 7667 NY-80, Springfield Center, NY 13468

    Location Insight

    • Map
    • Local Demand
    City
    Springfield Center
    County
    Otsego
    State
    New York
    Longitude
    -74.876535
    Latitude
    42.830754

    FAQs

    What type of property is this?
    Bed & breakfast - 10-bedroom bed and breakfast near Cooperstown, New York.
    Where is this bed & breakfast located?
    The property is located at 7667 State Highway 80 Springfield Center, NY.
    What is the asking price?
    The asking price for this property is $359,000.
    What are key features of this property?
    This property features: Fully operational bed‑and‑breakfast featuring 10 bedrooms, each with private baths, plus a 1‑bedroom owner's apartment.; Prime location near Cooperstown and Glimmerglass Opera, capitalizing on year‑round tourism.; Established business with potential for expanded revenue.
    (607) 435-9288
    We can help!
    Listing Contact
    William J. Miller
    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.

    More about this property
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