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Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Mobile home & RV parks
116 Bluebird Rd, Fort Edward, NY 12828
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US63-2265640
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
1985
Total area
938 SF
Lot
6.37 ac (277,477 SF)
Zoning code
R1
APN
414489 50.-3-4.1
UPID
US63-2265640
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$595k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$380k
Blend (final)
Blend
$525k
Owner & transaction history
Blue Bird Terrace LLC · 4 yrs held
Blue Bird Terrace LLC
since 2022
Last sale
$500,000
4 recorded transactions
Zoning & alternative use
R1 · Fort Edward, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Fort Edward submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Edward submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$640,000
ML approach
$595,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$525k
Range $473k – $578k · ±10% · vs last sale $500k (May 11 2022)
Last sale anchor
$500k
May 11 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$560 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Property tax & assessments
Assessed value
$1,276,536
Assessed 2023
Previous assessed
$1,276,536
+0.0% YoY
Assessed land
$900,000
Assessed improvement
$376,536
Land market value
$900,000
Improvement market value
$376,536
Total market value
$1,276,536
Applied tax rate
414,401.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Status
Off-Market
Year built
1985
Heating
NONE
Buildings
31
Total area
938 SF
Lot
6.37 ac (277,477 SF)
Zoning code
R1
APN
414489 50.-3-4.1
UPID
US63-2265640
Jurisdiction
SARATOGA
Zoning & alternative use
R1 · Fort Edward, NY
Zoning R1 · permitted uses
R1 · Fort Edward, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fort Edward. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1985
Heating
NONE
Buildings
31
Lot
6.37 ac
Current owner
From public records · entity-resolved
Blue Bird Terrace LLC
Entity
Mailing address
15 TRIEBLE AVE STE #5, BALLSTON SPA, NY 12020-6027
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 11, 2022
$500,000
Blue Bird Terrace LLC
Cannone Ventures INC
Deed
$800,000 · Community Bank NA
Oct 20, 2020
—
Cannone Ventures INC
Mohamed K Badruddin
Quit Claim Deed
related
—
Jul 16, 2014
$925,000
Cannone Ventures INC
Salimah Badrudin
Deed
—
Nov 13, 2013
—
Yasmin Nurani
Badruddin,mohamed
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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