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Double Play Cabins 446 Maples Rd 11 Room Serviced Apartment Milford, NY 13807 $4,974,305 CAD ($452,210 CAD/Room) 8.23% Cap Rate
Investment Highlights
- Four (4) Chalet style cabins each with 2 Bedrooms and 2 Baths;
- Three (3) Log cabin Park Model RVs each with 2 Bedrooms and 1 Bath;
- A 140 sq. ft. office shed with a deck.
- Two (2) Houses each with 3 Bedrooms and 2 Baths;
- Two (2) units in a Modular home with 3 Bedrooms and 2 Baths in the upper unit and 2 Bedrooms and 1 Bath in the lower unit.
- Two (2) utility sheds with laundry machines
Executive Summary
Cooperstown, NY investment opportunity - Highly successful STR vacation, mid-term and long-term rentals on 12 acres in the home of the National Baseball Hall of Fame, Dreams Park youth baseball tournaments and Ommegang Brewery. Only 3 and ½ hours drive from New York City, Double Play Cabins are popular with baseball, brewery and nature enthusiasts. Modern houses and cabins (11 rental units) built or renovated since 2017. Expansion approval in place for 6 additional cabins (11 additional units). Proven $400K annual rent, high percentage NOI and occupancy rates. No STR rental restrictions. 5-Star reviews on Google and Airbnb. All units were built or renovated in 2017 or later and have modern amenities. Buildings and infrastructure are maintained in excellent condition. Four (4) Chalet style cabins each with 2 Bedrooms and 2 Baths; Two (2) Houses each with 3 Bedrooms and 2 Baths; Three (3) Log cabin Park Model RVs each with 2 Bedrooms and 1 Bath; Two (2) units in a Modular home with 3 Bedrooms and 2 Baths in the upper unit and 2 Bedrooms and 1 Bath in the lower unit. Other Buildings: A 140 sq. ft. office shed with a deck. Two (2) utility sheds with laundry machines A small rustic equipment storage shed Infrastructure: Water is provided by 3 wells (2 main and 1 back up). Multiple septic systems with tanks and leach fields. Electricity is provided by NYSEG. High Speed Internet service is via 1 Gigabit fiber. Amenities include fire pits, swing set, basketball hoop Acreage and Landscape: All units are set on two adjoining 6-acre lots (totaling12 acres) with grassy fields, gentle slopes and wooded areas of hardwood and evergreen trees. The property has two entrances from Maples Road and an interior gravel road for driving to each unit. The distant hills are visible from high points on the property. The property is technically in the Town of Hartwick, with no short-term rental restrictions or regulations.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$568,492
|
$56.48
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$568,492
|
$56.48
|
| Taxes |
$8,107
|
$0.81
|
| Operating Expenses |
$151,071
|
$15.01
|
| Total Expenses |
$159,178
|
$15.81
|
| Net Operating Income |
$409,314
|
$40.66
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $568,492 |
| Annual Per SF | $56.48 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $568,492 |
| Annual Per SF | $56.48 |
| Taxes (CAD) | |
|---|---|
| Annual | $8,107 |
| Annual Per SF | $0.81 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $151,071 |
| Annual Per SF | $15.01 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $159,178 |
| Annual Per SF | $15.81 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $409,314 |
| Annual Per SF | $40.66 |
Property Facts
Amenities
- Shower Facilities
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 11 | - | - |
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
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Double Play Cabins | 446 Maples Rd
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