Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Land with Lake View Potential Title is generated by Realmo AI

    County Highway 31, Cooperstown, NY 13326

    View on Map
    Claim this Listing
    For Sale
    $292,000

    LAND - Cooperstown, NY

    Lot size:
    0.36 Acres
    Added:
    Dec 8, 2025
    Days on Market:
    162
    Last Refresh:
    May 19 at 6:06 am

    Property Features for County Highway 31

    General Information

    Property type
    Land
    Property subtype
    Other
    Parking features
    Driveway
    Standard status
    Active
    APN
    115.19-1-22.00
    Lot size
    0.36 Acres

    Taxes and HOA fees

    Tax Annual Amount
    1835

    Utilities

    Water front features
    Lake Front, Beach Access, Lake
    Water front
    1

    We can help!

    Listing Contact
    Stacey L. Camilleri
    Stacey L. Camilleri

    Listing agent Stacey L. Camilleri License #40CH1109154

    Listing office Keller Williams Upstate NY Properties 31 Main St, Oneonta, NY

    Listing date Dec 8, 2025

    MLS# R1652923 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.

    HighLights

    • Rare opportunity to build a custom home with LAKE VIEWS.
    • Optional access to Lakeland Shores Landowners, Inc. with exclusive lakefront amenities (beach, picnic area, boat dock, kayak/canoe storage).
    • Located in the Village of Cooperstown and Cooperstown school district.
    • Walking distance to restaurants, Clark Sports Center, and National Baseball Hall of Fame.
    • Public utilities and electricity available on the road.
    • Close proximity to museums, hiking, boating, and Glimmerglass Opera.

    Overview

    This 0.36-acre land parcel presents a rare opportunity to build a home with views of Otsego Lake. Located in the Village of Cooperstown and within the Cooperstown school district, the site offers access to public utilities and electricity available on the road. The property allows for the option to purchase and join the Lakeland Shores Landowners, Inc., providing privileged access to an exclusive lakefront area. This includes beach access, a picnic area, a boat dock, kayak and canoe storage, and views of the golf course and marina across the lake. The location is within walking distance of restaurants, including the Otesaga Resort Hotel, the Clark Sports Center, and the National Baseball Hall of Fame. Residents can enjoy museums, hiking, boating, and the Glimmerglass Opera.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Cooperstown
    County
    Otsego
    State
    New York
    Longitude
    -74.914566
    Latitude
    42.703444

    Nearby Similar for Sale

    • $975,000
      4,043 SF

      Turn-Key Restaurant Near Cooperstown

      Seasonal restaurant with outdoor patio near Cooperstown Dreams Park.
      4938 St Hwy 28, Cooperstown, NY 13326
      View Details
    • $355,000
      1,560 SF

      Land with Foundation in Cooperstown

      2.79 acres with foundation near Cooperstown and Otsego Lake.
      484 County Highway 26, Cooperstown, NY 13326
      View Details
    • $1,200,000
      6,600 SF

      Historic Cooperstown Estate on Westridge

      Iconic 1884 Shingle Style estate with lake views.
      6 Westridge Rd, Cooperstown, NY 13326
      View Details
    • $135,000

      Cooperstown Vacant Land Opportunity

      Residential land in desirable Pierstown, close to Cooperstown amenities.
      116 Sunset Ridge Road, Cooperstown, NY 13326
      View Details
    • $175,000

      Land Parcel Near Cooperstown Village

      44-acre wooded land near Cooperstown, NY, ideal for recreation.
      0 Cook Rd, Cooperstown, NY 13326
      View Details
    • $89,000

      Cooperstown Vacant Land Opportunity

      8.64-acre lot near Cooperstown, ideal for country home.
      L 40.11 Armstrong Rd & Co Hwy 28, Cooperstown, NY 13326
      View Details
    • $249,900

      Recreational Land Near Cooperstown Amenities

      47.61 acres of recreational land close to Cooperstown, NY.
      362 Hade Hollow Rd, Cooperstown, NY 13326
      View Details
    • $249,000

      Land Near Cooperstown and Otsego

      Three lots near Cooperstown, ideal for a country home.
      L 9-11 Armstrong Rd & Co Hwy 28, Cooperstown, NY 13326
      View Details
    • $89,000

      Cooperstown Vacant Land Opportunity

      4.76-acre lot near Cooperstown, ideal for country home.
      L 40.09 Armstrong Rd, Cooperstown, NY 13326
      View Details
    • $89,000

      Land in Pierstown Setting

      4.74-acre lot near Cooperstown and Otsego Lake.
      L 40.10 Armstrong Rd, Cooperstown, NY 13326
      View Details
    • $139,000

      Cooperstown Vacant Land For Sale

      10.01 acres with creek frontage near Cooperstown, NY.
      L13.08 Co Hwy 35, Cooperstown, NY 13326
      View Details
    • $250,000

      Redevelopment Site Near Cooperstown

      Two-acre redevelopment site near shopping and Cooperstown Dreams Park.
      52 Commons Dr, Cooperstown, NY
      View Details

    FAQs

    What type of property is this?
    Land - Prime land to build your dream home with lake views.
    Where is this land located?
    The property is located at County Highway 31 Cooperstown, NY.
    What is the asking price?
    The asking price for this property is $292,000.
    What are key features of this property?
    This property features: Rare opportunity to build a custom home with LAKE VIEWS.; Optional access to Lakeland Shores Landowners, Inc. with exclusive lakefront amenities (beach, picnic area, boat dock, kayak/canoe storage).; Located in the Village of Cooperstown and Cooperstown school district.
    (607) 376-2279
    We can help!
    Listing Contact
    Stacey L. Camilleri
    Stacey L. Camilleri
    Real Estate License ID: 40CH1109154
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    County Highway 31, Cooperstown, NY 13326
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!