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Property profile & analytics
OFF-MARKET
Estimated value
$1,130,000
Office buildings
4 Chenango St, Cazenovia, NY 13035-1401
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US63-1164746
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1970
Total area
5,704 SF
Lot
3.92 ac (170,755 SF)
Zoning code
R2
APN
252201 94.60-1-11
UPID
US63-1164746
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
-
Mcnany Elizabeth MD Physician Medical Clinic
-
Mr. Joseph Ditota Physician
-
Robert Lalor Dental Office
-
Humphrey Lynne MD Physician
-
Picone Matthew MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.22M
CAP Approach
CAP
$1.32M
Comparable Approach
Comparable
$706k
Blend (final)
Blend
$1.13M
Owner & transaction history
Henlen Properties LLC · 5 yrs held
Henlen Properties LLC
since 2020
Last sale
$1.0M
5 recorded transactions
Zoning & alternative use
R2 · Cazenovia, 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 Cazenovia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cazenovia 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
$1,115,000
ML approach
$1,220,000
CAP Approach
CAP Return
Estimation
6%
$1,425,000
6.5%
$1,315,000
7%
$1,220,000
Blend value · Realmo final
$1.13M
Range $1.02M – $1.24M · ±10% · vs last sale $1.00M (Nov 4 2020)
Last sale anchor
$1.00M
Nov 4 2020
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
$198 / 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
$725,000
Assessed 2023
Previous assessed
$725,000
+0.0% YoY
Assessed land
$80,800
Assessed improvement
$644,200
Land market value
$106,316
Improvement market value
$847,631
Total market value
$953,947
Applied tax rate
252,201.0000
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1970
Heating
NONE
Buildings
1
Stories
2
Total area
5,704 SF
Lot
3.92 ac (170,755 SF)
Zoning code
R2
APN
252201 94.60-1-11
UPID
US63-1164746
Jurisdiction
MADISON
Zoning & alternative use
R2 · Cazenovia, NY
Zoning R2 · permitted uses
R2 · Cazenovia, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cazenovia. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1970
Heating
NONE
Stories
2
Buildings
1
Lot
3.92 ac
Current owner
From public records · entity-resolved
Henlen Properties LLC
Entity
Mailing address
13 BEECH ST, JOHNSON CITY, NY 13790-1018
Ownership since
2020
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
Nov 4, 2020
$1,000,000
Henlen Properties LLC
4 Chenango Street LLC
Warranty Deed
$750,000 · Tioga St Bk
Oct 25, 2018
—
4 Chenango Street LLC
—
Deed
related
$271,377 · Seneca Savings
Aug 1, 2018
$545,000
4 Chenango Street LLC
Pro-tel Properties II LLC
Warranty Deed
—
Feb 22, 2011
$380,000
Pro-tel Props II LLC
Konys,david M
Grant Deed
related
—
—
—
4 Chenango Street LLC
—
Deed Of Trust
related
$271,377 · Seneca Savings
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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