5 Collins Hill Road
About This Property
Just outside the village of Waverly, this 10.27-acre wooded property offers peace, privacy, and potential. Located in the Town of Barton in Tioga County, the lot has year-round paved road access and electric available at the road, making it an ideal setting for a private homesite, weekend retreat, or recreational use. A survey is currently underway to split the property into two approximately 5-acre parcels.
Property Features:
Wooded with mature trees, gently rolling terrain, and excellent natural privacy
Electric at road, with convenient access for future utility connections
Paved, year-round maintained road frontage for easy access in all seasons
Survey in progress; property will be legally divided for flexible purchase options
Buildable rural setting with light zoning and minimal subdivision restrictions
Great for hunting, nature watching, ATV use, or weekend getaways
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 11, 2025 | Sold | ||
| Sold | |||
| Aug 7, 2025 | In contract | - | |
| In contract | |||
| Jun 28, 2025 | Listed by LIST WITH FREEDOM | $23,900 | |
| Listed by LIST WITH FREEDOM | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017