10601 Hulser Rd #36 · Utica, NY 13502

$69,000

3 bd · 2.0 ba · 924 sqft · SingleFamily · 180 Days on market

Built 2023 Good condition ↓ 19% since listing

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Why this score? — see what drove the B grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Schools +5.6/10.0
• Livability +4.0/5.0
• Condition / age +4.0/5.0
• Rent growth +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Affordable, move-in ready living in the heart of the Mohawk Valley! This nearly new 2023 single-wide mobile home offers 3 bedrooms and 2 full baths in a well-maintained park located in the Town of Trenton within the Whitesboro School District. The open, functional layout features a bright living area, eat-in kitchen, first-floor primary bedroom, and convenient first-floor laundry. Appliances are included, making this an easy transition for the next owner. Low-maintenance vinyl siding, asphalt shingle roof, and stone/gravel parking add to the home’s practicality. Public water and sewer, forced-air propane heat, and high-speed internet available. Lot rent is $495/month. Conveniently located near major routes, shopping, dining, and area employers. Sale subject to park approval. Home must remain on the lot until at least June 2028. A solid opportunity for comfortable, cost-effective homeownership in today’s market.

Key facts

• First floor laundry
• Asphalt shingle roof
• Move in ready

Tags

• MOVE IN READY
• OPEN FUNCTIONAL LAYOUT
• FIRST FLOOR LAUNDRY
• LOW MAINTENANCE VINYL SIDING
• ASPHALT SHINGLE ROOF
• HIGH SPEED INTERNET AVAILABLE

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $69k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $826 ($10k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $69k).
• Recommended offer: $61k (12.0% below list) — sets the bar for market timing.
• Cap rate 20.7% vs local median 7.7% in Utica — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 80/100 on livability (#104 in NY, #1,589 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, housing A+; Watch: employment D, schools D-, crime F.
• Whitesboro Central School District (suburban): math 68% / reading 61% proficiency, ranked #174 of 590 in NY (top 30%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 150 active listings in the ZIP; 204 units permitted in Oneida County in 2024 (68 in 5+ unit buildings).
• This rent runs 34% of the median local income ($58k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $477 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Oneida County population projected at -12% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $19k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 180 days — a 12% lower offer ($61k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 3y ago; this cycle's ask has dropped $4k (5%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Recommended offer $60,720 (12.0% below list)

Questions for the listing agent

1. It's been on market 180 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
5. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 2.39% ✓
• Cap rate: 20.65%
• Cash-on-cash: 51.28%
• DSCR: 3.28
• GRM: 3.5

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 49.1%
• Equity multiple: 3.14×
• Total profit: $41,426
• Equity at exit: $10,288

10-year hold

• IRR: 54.7%
• Equity multiple: 6.38×
• Total profit: $103,882
• Equity at exit: $5,966

Cash invested: $19,320 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 15 Strongly Tenant-Friendly
• State New York: 15 Strongly Tenant-Friendly · D+10
• County: — inherits STATE
• City: — inherits STATE

NYC rent stabilization (~1M units); 2019 HSTPA strengthened tenant rights; courts deeply backlogged.

Methodology + full state rankings →

ZIP-level market 13502

• Home prices YoY: -12.1%
• Active inventory: 150
• Price-to-rent: 3.5×

Monthly cashflow live

• Estimated rent: $1,649 medium
• Mortgage (P&I): −$362
• Tax est. 1.5%: −$86 /mo · $1,035/yr
• Insurance: −$29
• HOA: −$0
• Vacancy / Maint / Mgmt: −$346
• Net cashflow: $826

Break-even live

Break-even rent $604

Max offer price $69,000

Occupancy floor 45%

Sensitivity live

Price	-10% $873	-5% $849	+0% $826	+5% $802	+10% $778
Rent	-10% $695	-5% $760	+0% $826	+5% $891	+10% $956
Rate	-1.0pp $860	-0.5pp $843	base $826	+0.5pp $808	+1.0pp $790

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $17,250
• Closing costs: $2,070
• Reserves months: —
• Total cash needed: —

Listing history 25 events

1. 2026-06-19
   days on market $69,000 Active 180 DOM
2. 2026-06-18
   days on market $69,000 Active 179 DOM
3. 2026-06-17
   days on market $69,000 Active 178 DOM
4. 2026-06-16
   days on market $69,000 Active 177 DOM
5. 2026-06-15
   days on market $69,000 Active 176 DOM
6. 2026-06-14
   days on market $69,000 Active 174 DOM
7. 2026-06-13
   days on market $69,000 Active 173 DOM
8. 2026-06-10
   days on market $69,000 Active 171 DOM
9. 2026-06-09
   days on market $69,000 Active 170 DOM
10. 2026-06-08
    days on market $69,000 Active 169 DOM
11. 2026-06-07
    days on market $69,000 Active 168 DOM
12. 2026-06-05
    days on market $69,000 Active 165 DOM
13. 2026-06-03
    days on market $69,000 Active 164 DOM
14. 2026-06-02
    days on market $69,000 Active 163 DOM
15. 2026-06-01
    days on market $69,000 Active 162 DOM
16. 2026-05-31
    days on market $69,000 Active 161 DOM
17. 2026-05-30
    days on market $69,000 Active 160 DOM
18. 2026-04-13
    price $69,000 936-char remark

    Show marketing remark (936 chars)

    Affordable, move-in ready living in the heart of the Mohawk Valley! This nearly new 2023 single-wide mobile home offers 3 bedrooms and 2 full baths in a well-maintained park located in the Town of Trenton within the Whitesboro School District. The open, functional layout features a bright living area, eat-in kitchen, first-floor primary bedroom, and convenient first-floor laundry. Appliances are included, making this an easy transition for the next owner. Low-maintenance vinyl siding, asphalt shingle roof, and stone/gravel parking add to the home’s practicality. Public water and sewer, forced-air propane heat, and high-speed internet available. Lot rent is $495/month. Conveniently located near major routes, shopping, dining, and area employers. Sale subject to park approval. Home must remain on the lot until at least June 2028. A solid opportunity for comfortable, cost-effective homeownership in today’s market.

19. 2025-12-21
    listed $73,000 Active 936-char remark

    Show marketing remark (936 chars)

    Affordable, move-in ready living in the heart of the Mohawk Valley! This nearly new 2023 single-wide mobile home offers 3 bedrooms and 2 full baths in a well-maintained park located in the Town of Trenton within the Whitesboro School District. The open, functional layout features a bright living area, eat-in kitchen, first-floor primary bedroom, and convenient first-floor laundry. Appliances are included, making this an easy transition for the next owner. Low-maintenance vinyl siding, asphalt shingle roof, and stone/gravel parking add to the home’s practicality. Public water and sewer, forced-air propane heat, and high-speed internet available. Lot rent is $495/month. Conveniently located near major routes, shopping, dining, and area employers. Sale subject to park approval. Home must remain on the lot until at least June 2028. A solid opportunity for comfortable, cost-effective homeownership in today’s market.

20. 2025-06-23
    price $73,000
21. 2025-06-09
    price $76,000
22. 2023-04-28
    soldstatus $83,838 Closed Sale or Rented
23. 2023-04-12
    status Pending Sale
24. 2023-03-13
    price $79,900
25. 2023-02-28
    listed $84,900 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 1/10 Low 6 d/yr ≥91°F today · 12 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,784
• − Mortgage interest: −$3,865
• − Property taxes: −$1,035
• − Insurance: −$345
• − Repairs & maintenance: −$1,583
• − Management: −$1,583
• − Depreciation: −$2,007
• Taxable income: $9,366
• Est. tax owed @ 24.0%: −$2,248
• After-tax cash flow: $7,659/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 1 photo

Good 80/100 Cosmetic rehab

This nearly new 2023 single-wide mobile home is move-in ready with good condition and minimal maintenance required. It offers a good investment opportunity with potential for both resale and rental value.

Value-add opportunities

• Both Painting exterior and interior walls — Fresh paint enhances curb appeal and interior aesthetics.
• Both Landscaping improvements — Enhances curb appeal and adds value to the property.

Renovation cost estimate screening

Value-add ROI direction

• Both Painting exterior and interior walls — Fresh paint enhances curb appeal and interior aesthetics. ↑
• Both Landscaping improvements — Enhances curb appeal and adds value to the property. ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Whitesboro Central School District
• NCES district ID: 3631320
• Math proficiency: 68% ▼ -7.00%
• Reading proficiency: 61% ▼ -2.00%
• Median HH income: $59,732
• Composite: 55.77/100
• National rank: #1217
• State rank: #174 of 590 in NY

Livability — Utica

• Score: 80/100
• State rank: #104
• US rank: #1589

Category grades

Amenities A Commute A+ Cost of living A+ Crime F Employment D Housing A+ Health & safety A+ User ratings C-

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Oneida County · 89,710 people
• City population: 72,968
• Metro: Utica-Rome, NY
• Population (ZIP): 34,037
• Household income: $57,835
• Rent vs Own: 40.8% rent · 59.2% own
• Severe rent burden: 1604.0

Population outlook (Oneida County) Hauer SSP2

• Today (2025): 225,223 people
• By 2030: 220,384 · -2.1%
• By 2040: 209,071 · -7.2%
• By 2050: 197,920 · -12.1%
• By 2075: 175,541 · -22.1%
• By 2100: 148,491 · -34.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (71%)
• Race & ethnicity: White 71% Hispanic / Latino 11% Black 9% Two or more races 7% Asian 5%
• Hispanic origin (detail): Mexican 2% Puerto Rican 5% Dominican 2%
• Common ancestry: Romanian 11% Lithuanian 3% American 2%
• Foreign-born: 12% · Canada, Philippines, China
• Languages at home: 81% English-only · Spanish 7% Russian/Polish/Slavic 4% Other Asian/Pacific 3%

Political lean MEDSL · Oneida

• 2024 margin: Strong R (+21.3) · D 39.4% · R 60.6%
• 2008→2024 swing: -15.2pp toward R · 2008: -6.1pp · 2024: -21.3pp
• All cycles: 2024: R+21.3 2020: R+15.5 2016: R+21.1 2012: R+5.3 2008: R+6.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -50.76%
• Current HPI: 368.3955
• Rent YoY: —
• Metro: Utica-Rome, NY
• State GDP YoY: ▲ 2.60%
• F500 in state: 92

Industry mix (Fortune 500 HQ in NY)

Industry	F500 HQs	Revenue
▸Financial Services	10	$950B
▸Consumer Goods	9	$162B
▸Insurance	4	$225B
▸Telecommunications	2	$144B
▸Pharmaceuticals	2	$112B
▸Media / Entertainment	2	$69B

Price history

-18.7% since first listed

8 events — show timeline

• 2026-04-13 Price Changed $69,000 CNYIS
• 2025-12-21 Listed $73,000 CNYIS
• 2025-06-23 Price Changed $73,000 CNYIS
• 2025-06-09 Price Changed $76,000 CNYIS
• 2023-04-28 Sold (MLS) $83,838 CNYIS
• 2023-04-12 Pending — CNYIS
• 2023-03-13 Price Changed $79,900 CNYIS
• 2023-02-28 Listed $84,900 CNYIS