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    4 King Rd Harpursville, NY 13787-1941
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    Property profile & analytics

    4 King Rd Harpursville, NY 13787-1941


    • Mobile home & RV parks
    • 1,744 SF
    • 8.41 lot acres
    Off-Market
    Last Sale Jan 10, 2025
    $150,000
    Property ID
    US63-3845073
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Creekside Village / Housing Society
    • DC CHAOS Softball / Gym & Fitness Center / Sports Field & Court

    Property Details for 4 King Rd

    Year built
    1920
    Lot size
    8.41 lot acres
    Property size
    1,744 SF
    Property type
    Mobile home & RV parks
    APN
    032600 100.02-1-28
    APU
    3260010002128

    Description

    This exceptional investment opportunity presents Creekside Village, a 36-unit mobile home park situated on 9.3 acres of recently surveyed land in Harpursville, NY. Conveniently located just 19 miles from Binghamton, off State Route 88, this Class B property offers significant upside potential. Currently boasting a 73.38% occupancy rate, the park generates a strong NOI of $107,352, translating to a 9.76% cap rate. However, a pro-forma analysis reveals a potential NOI of $127,861 and an impressive 11.62% cap rate, indicating substantial room for growth. The park comprises 15 park-owned single-wide homes, 3 tenant-owned homes, and a single-family 4-bedroom brick home with a garage, along with a 1-bedroom single-family home. Furthermore, there are 16 vacant lots, fully serviced and ready for development, with one pad already poured. The property features a well and septic system. The asking price for this lucrative investment is $1,100,000. Built in 1970, this established park presents a compelling opportunity for investors seeking strong returns and potential for value appreciation in a growing market. The property's strategic location and existing infrastructure provide a solid foundation for future expansion and increased profitability.


    Value Estimations

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    • CAP approach

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    Location Insight

    • Map
    • Local Demand
    City
    Harpursville
    County
    Broome
    State
    New York
    Longitude
    -75.6307
    Latitude
    42.1831
    CBSA code
    13780
    CBSA name
    BINGHAMTON, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $10,200
    $36,000
    $46,200
    -
    $170,000
    $600,000
    $770,000
    More about this property
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