2575 Smith Road
About This Property
Spread across over 50 acres of countryside, this property offers an inspiring mix of open tillable fields, shaded woods, and a stocked pond that feels like it's been lifted from a nature painting. The landscape is rich in possibility - whether for hunting, recreation, or simple escape.
At the heart of it all lies the pond - over a third of an acre of calm water, reflecting the sky like glass. A small dock stretches out toward the surface, a perfect perch for early morning fishing or evening sunsets. The pond is stocked and thriving, a natural draw for wildlife and quiet moments alike. It's the kind of place where you can hear the world slow down - the rustle of cattails, the call of a heron, the soft echo of ripples on the water.
The land itself unfolds in layers - 20 acres of open, tillable ground framed by wooded trails, fruit trees, and five hunting blinds strategically placed for comfort and success. A seasonal chorus of birds, deer, and wild turkey turns this acreage into a living landscape.
You'll also find a 24x32 pole barn with electric and a wood stove which ideal for equipment or workshop space, two on-site campers, and a private well, allowing you to enjoy the property from day one. Whether you're looking to hunt, fish, farm, or simply breathe, this land supports it all - naturally and beautifully.
This is more than acreage - it's a setting for slow mornings, golden evenings, and the kind of peace only wide-open space can offer. This location place this property less than 10 miles to Owasco Lake (where a 25ft pontoon boat sits that can also be purchased), 11 minutes from Fillmore Glen State Park and 15 miles from Skaneateles, NY with its classic village charm. Schedule a time to take in the adventure this property presents.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017