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    Operating Bed and Breakfast Near Cooperstown Title is generated by Realmo AI

    7667 State Highway 80, Springfield Center, NY 13468

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    Claim this Listing
    For Sale
    $359,000

    Farm / Farmhouse, Residential - Springfield Center, NY

    Type:Farm
    Property size:
    5,000 SF
    Lot size:
    1.39 Acres
    Price / SF:
    $71/SF
    Added:
    May 19, 2026
    Days on Market:
    11
    Last Refresh:
    May 29 at 4:06 pm

    Property Features for 7667 State Highway 80

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Zoning
    100
    Bedrooms
    11
    Bathrooms
    11
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room, Kitchen
    Parking features
    Garage
    Basement Y/N
    1
    Appliances
    Microwave, Refrigerator
    Standard status
    Active
    APN
    000000-041.000-0001-027.000
    Size
    5,000 SF
    Lot size
    1.39 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Annual Amount
    6797

    Utilities

    Water front features
    Waterfront
    Water front
    1

    Building Details

    Year built
    1980
    Year renovated
    1980
    Floors in Building
    2
    Flooring type
    Carpet, Hardwood, Laminate
    Building materials
    Wood Siding
    Roof type
    Asphalt
    Architectural style
    Other

    We can help!

    Listing Contact
    Michelle Barry

    Listing agent Michelle Barry

    Listing office COOPERSTOWN BROKERS LLC 6812 STATE HIGHWAY 80, COOPERSTOWN, NY

    Listing date May 19, 2026

    MLS# 11778038 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    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, ideal for capitalizing on year‑round tourism.
    • Established business with potential for expanded revenue.
    • Classic architecture and inviting atmosphere create memorable guest experiences.
    • Waterfront property with basement and garage.
    • Flexible layout suitable for various uses.

    Overview

    The Hayden Creek Inn presents an opportunity to acquire a fully operational bed-and-breakfast featuring 10 bedrooms, each with private baths, and a 1-bedroom apartment suitable for owner's use or as an expanded suite. Situated in the countryside of Central New York, it is located near Cooperstown in Springfield Center. The property combines historical charm with the increasing demand for destination lodging and experiential travel. It has been a popular choice for Glimmerglass Opera guests and those seeking to avoid the Cooperstown crowds. Investors and entrepreneurs may find the inn's established use, flexible layout, and potential for revenue expansion through events, retreats, farm-to-table dining, or boutique hospitality concepts appealing. The property's atmosphere and architecture aim to create a memorable guest experience. The Hayden Creek Inn offers an investment and an opportunity to build a hospitality brand. It could function as a country inn, wellness retreat, live/work venture, or family home. The property has visibility and income potential. The inn could benefit from cosmetic updating, but its location and history make it an opportunity to restore a creekside property. The property size is approximately 5000 square feet and the lot size is 1.39 acres.

    Local Financial Insights For Hotel Hospitality

    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 $90.0k $18.00
    − Vacancy −$22.5k −$4.50
    EGI $67.5k $13.50
    − OpEx −$35.4k −$7.09
    NOI $32.1k $6.41
    5,000 SF · lease $18.00/SF/yr · vacancy 25.00% · expense 52.50%

    Alternative Uses

    Best Use
    Hotel Hospitality
    $458.0K
    $400.8K – $534.4K (±1% cap)
    NOI $32,063 @ 7.0% cap · market cap 8.93%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.38M
    $1.21M – $1.61M (±1% cap)
    NOI $96,480 @ 7.0% cap · market cap 26.87%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile 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
    -74.879001
    Latitude
    42.828697

    FAQs

    What type of property is this?
    Bed & breakfast - 10-bedroom bed and breakfast near Cooperstown with expansion potential.
    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, ideal for capitalizing on year‑round tourism.; Established business with potential for expanded revenue.
    (607) 435-9288
    We can help!
    Listing Contact
    Michelle Barry
    Request Owner's contact information
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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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