Realmo Analytics

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Property profile

51 E Main St Mohawk, NY 13407

FOR SALE
Other investment properties
Property ID
US63-5265062
3,657 SF 0.44 ac lot Built 1900
Last sale Feb 2024 · $180,000
Individually Owned Owner of record is an individual. 26-yr Hold Held for 26 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Four-unit multi-family apartment building (quadplex) located at 51 E Main St, Mohawk, NY 13407, configured with one first-floor 2-bedroom unit and three upper-level 1-bedroom units. The building is arranged to support separate household living by unit, with utility setup described as unit-specific: upstairs tenants pay their own electric, while the downstairs unit(s) use a combined gas and electric service. The property sits on a lot that provides ample off-street parking for residents or…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2023$92k
Assessed land$17k
Assessed improvement$75k

Value estimate

· Oct 2026
$255k
$230k – $281k
AI approach$255k
NOI build-up
Gross scheduled income$70k
Vacancy & credit loss−$13k
Operating expenses−$17k
NOI · 15.04% cap applied$40k

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$81/SF
County average, outlier-cleaned · 51 recorded sales of this use type
Observed band · Q1–Q3$24 – $145
Qualifying comparables12

Cap rate analysis

How does the asset earn?
15.04%
$40k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
I
JurisdictionHERKIMER

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency20.0
Law Firm14.7
Wholesale Shop13.0

Location

51 E Main St Mohawk, NY 13407
County assessor Recorded deeds · not on file 12 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 6 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
10 Main, Mohawk, NY 13407-1016 $139,000 Jun 2024 4,320 SF
125 Main, Mohawk, NY 13407-1036 $2,000 Aug 2020 520 SF
14 Main, Mohawk, NY 13407-1053 $23,000 Aug 2020 5,200 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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