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    Property profile & analytics

    Beaver Rd Newport, NY 36388

    • Industrial properties
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Industrial properties

    Property Details for Beaver Rd

    Year built
    1979
    Property type
    Industrial properties

    Description

    This exceptional investment opportunity in Newport, NY, presents a unique blend of residential and commercial potential. Located near Cooperstown, this property boasts a rich history as the renowned Gateway Inn and Suites. The 2-acre parcel includes a spacious 3-bedroom, 2-bathroom contemporary home, perfect for owner occupancy. In addition to the main residence, the property features a 1-bedroom apartment with a 1-room hotel lockoff, providing additional living space or rental income. Further enhancing the income potential are four additional hotel units housed in a separate building. The property also includes a swimming pool, adding to its appeal for short-term rentals. This versatile property offers a significant opportunity for a steady income stream through the rental of the six units, while enjoying the comfort of the spacious main residence. The property is conveniently located with a Cooperstown postal code and proximity to Cooperstown School. This is a first-time listing and represents a rare chance to acquire a well-established, income-generating property with significant upside potential. The property is being offered at $425,000.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Newport
    County
    Otsego
    State
    New York
    Longitude
    -74.894
    Latitude
    43.1483
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    Beaver Rd
    Newport, NY 36388
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    Realmo Value Estimation

    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.

    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.

    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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