Not quite that cheap (close), but I have a much more capable machine. Look around and you'll find old Ford 9N/2N/8ns cheap. They won't be pretty, but they'll do what you need done and more. Ferguson TO-20s, 30s, and MF-35s can be had for about the same as the Fords. For a couple of grand you can have a tractor, plow, and disc if you are patient.
WOW i go to that site every time i think about getting a tractor instead (like every day). if i could get a tractor with a disc setup for under 2 grand in NY i would buy it in a heart beat. theres good deals on there but i cant afford to go out of the state and pull a tractor back. And having a company transfer it cost about $2500.
Try craigslist for NY. You can find deals if you're not in a hurry. If you want to plant food plots this spring, your options are limited. I used to live in NY and know that most of the old family farms are gone, so you are probably less likely to find a small tractor then say 10 years ago, but I have to think they are still out there. If you have a buddy with a truck and trailer, you can make a road trip and get one with cultivators from Tennessee, Kentucky, North Carolina where a lot of the small tobacco farms are going belly up. Just options to consider.
I will admit that maintenance on a tractor will increase your workload and expensive over a speed point setup, but the tractor can do so much more that if you have any other chores to do on the land it will pay for itself quickly. I love my Cat, but it ain't no tractor!