Here are some potential advantages and disadvantages of purchasing real estate in the village of Maryland, New York:

Advantages:
- Maryland is a small and relatively rural village, which may appeal to those seeking a peaceful and quiet place to live.
- Real estate prices in Maryland may be more affordable than in larger cities or more urban areas.
- The natural scenery and nearby attractions (such as the Susquehanna River and Cooperstown) can provide a high quality of life for residents.
- The village is located along State Route 7, which may be convenient for commuting or traveling.

Disadvantages:
- Maryland is a small village and may not have as many amenities or services as larger towns or cities.
- The rural location may not be ideal for those who prefer more urban or suburban environments.
- Depending on the property and location, the property may be subject to flooding, which could cause damage or be costly to insure.
- While the village is located along a major roadway, it may still be a considerable distance to travel for work or other activities.

Please note that these are general advantages and disadvantages, and may not apply to every property or individual's preferences. It is important to do thorough research and consider all factors before making a real estate purchase.