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Property profile & analytics
OFF-MARKET
Estimated value
$885,000
Mobile home & RV parks
39 Morse Dr Moravia, NY 13118-3503
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US63-1750497
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
1990
Total area
980 SF
Lot
69.2 ac (3,014,352 SF)
APN
053600 221.00-1-6.2
UPID
US63-1750497
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$885k
Owner & transaction history
Cayuga Estates Cp LLC · 4 yrs held
Cayuga Estates Cp LLC
since 2022
Last sale
$896,589
5 recorded transactions
Zoning & alternative use
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 Moravia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Moravia 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
$870,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$885k
Range $797k – $974k · ±10% · vs last sale $897k (Apr 14 2022)
Last sale anchor
$897k
Apr 14 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
$903 / 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
Tax year 2020Property tax & assessments
Tax year 2020
Tax billed
$37,191
Tax year 2020
Assessed value
$2,750,000
Assessed 2023
Previous assessed
$2,750,000
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$1,200,000
Assessed improvement
$1,550,000
Land market value
$1,395,349
Improvement market value
$1,802,325
Total market value
$3,197,674
Applied tax rate
54,201.0000
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
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Status
Off-Market
Year built
1990
Heating
FORCED AIR
Cooling
YES
Buildings
25
Stories
1
Bathrooms
22
Total area
980 SF
Lot
69.2 ac (3,014,352 SF)
APN
053600 221.00-1-6.2
UPID
US63-1750497
Jurisdiction
CAYUGA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1990
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
25
Bathrooms
22
Lot
69.2 ac
Current owner
From public records · entity-resolved
Cayuga Estates Cp LLC
Entity
Mailing address
90 AIRPARK DR STE #400, ROCHESTER, NY 14624-5732
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 14, 2022
—
Cayuga Estates Cp LLC
Cayuga Estates Mhp LLC
Warranty Deed
$4,547,000 · Bellwether Enterprise Mortgage Inve
Apr 24, 2018
$896,589
Cayuga Estates LLC
Cayuga Lk Mobile Hm Pk LLC
Warranty Deed
—
Apr 24, 2018
—
Cayuga Estates LLC
—
Deed
related
$758,232 · Steuben Tr Co
—
—
Cayuga Lake Mobile Hm Park LLC
—
Deed Of Trust
related
$1,150,000 · Steuben Trust Co
—
—
Cayuga Estates LLC
—
Loan Modification
related
$758,232 · Steuben Tr Co
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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