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Rt-414
About This Property
The landscape unfolds with a beautiful mix of open meadow, wooded surroundings, and the soothing presence of moving water. Shequaga Creek brings a unique character to the property, creating a peaceful natural setting filled with the sounds of flowing water, abundant wildlife, and changing seasonal beauty. Known locally for its scenic charm and connection to the region's dramatic gorges and waterfalls, the creek adds both visual appeal and a calming atmosphere rarely found in properties this close to town.
Positioned only 10 minutes from Watkins Glen, you'll enjoy quick access to one of the Finger Lakes' most sought-after destinations. Explore the breathtaking gorge trails and waterfalls of Watkins Glen State Park, spend afternoons along the shores of Seneca Lake, visit award-winning wineries and breweries along the Finger Lakes Wine Trail, or enjoy the energy of race weekends at Watkins Glen International. The area also offers charming restaurants, marinas, hiking, fishing, boating, and year-round tourism appeal.
With four separate road frontage access points totaling over 1280 Ft of road frontage, the property offers flexibility and convenience that is increasingly difficult to find in the Finger Lakes region. Whether you envision building a secluded dream home, creating a family getaway, establishing a recreational getaway, or simply investing in a unique piece of land close to Watkins Glen, this property delivers a combination of water, fields, privacy, and location that is truly uncommon.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 15, 2026 | Listed by Whitetail Properties Real Estate, LLC | $175,000 | |
| Listed by Whitetail Properties Real Estate, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017