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Property profile & analytics
OFF-MARKET
Office buildings
2902 State Rte 55, Bethel, NY 12720
Entity Owned
5-yr Hold
Free & Clear
Property ID
US63-1599249
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2003
Total area
1,281 SF
Lot
1.01 ac (43,996 SF)
Zoning code
02 - SINGLE RESIDENCE
APN
482000 53.-1-58.1
UPID
US63-1599249
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
Current use
Occupant on record · Public records
-
Chapin treehouse Vacation Rental Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Holy Ground Prop LLC · 5 yrs held
Holy Ground Prop LLC
since 2021
Last sale
$125,000
6 recorded transactions
Zoning & alternative use
02 - SINGLE RESIDENCE · Bethel, 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 Bethel submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bethel 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
Tax year 2021Property tax & assessments
Tax year 2021
Tax billed
$17,147
Tax year 2021
Assessed value
$325,500
Assessed 2023
Previous assessed
$325,500
+0.0% YoY
Effective rate
5.27%
On assessed value
Assessed land
$20,000
Assessed improvement
$305,500
Land market value
$50,888
Improvement market value
$777,312
Total market value
$828,200
Applied tax rate
484,601.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2003
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
1,281 SF
Lot
1.01 ac (43,996 SF)
Zoning code
02 - SINGLE RESIDENCE
APN
482000 53.-1-58.1
UPID
US63-1599249
Jurisdiction
SULLIVAN
Zoning & alternative use
02 - SINGLE RESIDENCE · Bethel, NY
Zoning 02 - SINGLE RESIDENCE · permitted uses
02 - SINGLE RESIDENCE · Bethel, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bethel. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2003
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
1.01 ac
Current owner
From public records · entity-resolved
Holy Ground Prop LLC
Entity
Free & Clear · 5 yrs held
Mailing address
PO BOX 338, BETHEL, NY 12720-0338
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 19, 2021
$125,000
Holy Ground Prop LLC
Nvs Properties LLC
Deed
—
Dec 14, 2020
—
Nvs Land LLC
—
Deed
related
$27,684,023 · Motcomb Estates Ltd
May 31, 2019
—
Nvs Land LLC
—
Grant Deed
related
$27,900,631 · Motcomb Estates Ltd
Feb 26, 2015
$1,984,600
Jv Chapin-lumberland LLC
Woodstone Lakes Dev LLC
Grant Deed
related
$1,100,000 · Romspen Mtg
Oct 1, 2004
$125,000
Debra Oremland
Uticrest Funding Corp
Warranty Deed
—
—
—
Nvs Land LLC
—
Loan Modification
related
$27,684,023 · Motcomb Estates Ltd
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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