8051 Saltzman Rd · North Bay, NY 13308

$164,900

3 bd · 2.0 ba · 1,120 sqft · Manufactured public records · 198 Days on market

Built 1992 3.00 ac lot

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Why this score? — see what drove the D- 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).

• Appreciation +10.0/10.0
• Cash flow +7.5/30.0
• ARV discount +7.5/15.0
• Schools +3.5/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +1.7/10.0
• DSCR +1.6/10.0

Listing remarks MLS

Nestled privately among the trees, this beautifully renovated single-wide home combines modern comfort with natural serenity. Set on 3 wooded acres, it offers a peaceful retreat with just the right balance of open yard space and forested surroundings. Recent clearing has created a more defined outdoor area — perfect for relaxing, entertaining, or simply enjoying the quiet beauty of nature all around. Giving you the ideal balance of open area and peaceful surroundings framed by mature trees and nature. As you step inside, you will be blown away by the renovations and craftmanship. Practically everything is new from top to bottom, you won't have to do a thing but move in! With 3 bedrooms and 2 fully renovated bathrooms, this home provides a peaceful retreat surrounded by the tranquility of the woods. The open-concept living room and kitchen area is perfect for modern living and entertaining. The spacious living room seamlessly flows into the updated kitchen, featuring new cabinetry and brand-new appliances. A cozy pellet stove adds warmth and ambiance to the space while helping to reduce heating costs, creating a welcoming and efficient atmosphere for gatherings or quiet nights in. As you look around you will find a freshly painted interior with features to include but not limited to; new appliances, new flooring throughout, new windows, new plumbing and stylish finishes, making it ideal for contemporary living. A detached garage offers convenient storage or workspace. A solid, well-built shed provides excellent additional storage space — perfect for keeping tools, equipment, or seasonal items organized and protected year-round. Located just minutes from Oneida Lake and Sylvan Beach and all its amenities, dining and entertainment. This home offers a great opportunity to enjoy both privacy and modern living in a serene woodland setting.

Key facts

• 3 wooded acres
• Defined outdoor area
• Updated kitchen

Tags

• 3 WOODED ACRES
• DEFINED OUTDOOR AREA
• OPEN-CONCEPT LIVING ROOM
• UPDATED KITCHEN
• NEW CABINETRY
• BRAND-NEW APPLIANCES

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $165k.

Deal economics

• At list price, monthly cash flow is $-207 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $128k (22.1% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $110k (33.3% below list).
• Recommended offer: $110k (33.3% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads: area grade D — affects rentability + tenant quality, not the cash-flow math above.
• Camden Central School District (rural): math 34% / reading 48% proficiency, ranked #504 of 590 in NY (top 85%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Mcconnellsville Elementary School (math 22% / reading 57%, grade F, #1,444 of 2,108 statewide, top 71%, 260 students, 41% FRL); Camden Middle School (math 17% / reading 42%, grade F, #550 of 729 statewide, top 77%, 580 students, 48% FRL); Camden Senior High School (math 92% / reading 75%, grade A, #409 of 1,100 statewide, top 39%, 620 students, 45% FRL) — zoned schools at 45% FRL track the district average.
• Market conditions: 34 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 204 units permitted in Oneida County in 2024 (68 in 5+ unit buildings).

Forward outlook

• In year one you build about $18k of equity ($1k loan paydown + $16k appreciation (10.0% local appreciation)).
• Oneida County population projected at -12% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• By year 3, paydown + projected appreciation supports a ~$45k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 198 days — a 12% lower offer ($145k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 4y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $59k; list at $165k implies a 179% gain — meaningful room to come down on a strong offer.

Recommended offer $110,000 (33.3% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 198 days. Have you received any prior offers? Is the seller open to a 33% concession, seller financing, or rate buy-down credit?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
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: 0.67% ✗
• Cap rate: 4.79%
• Cash-on-cash: -5.37%
• DSCR: 0.76
• GRM: 12.5

CMA / ARV

No comps found within radius.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 20.5%
• Equity multiple: 2.66×
• Total profit: $76,625
• Equity at exit: $148,555

10-year hold

• IRR: 18.6%
• Equity multiple: 6.11×
• Total profit: $235,952
• Equity at exit: $320,364

Cash invested: $46,172 (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 13308

• Home prices YoY: 28.6%
• Active inventory: 34
• Price-to-rent: 12.5×

Monthly cashflow live

• Estimated rent: $1,100 medium
• Mortgage (P&I): −$865
• Tax from tax record: −$142 /mo · $1,706/yr
• Insurance: −$69
• HOA: −$0
• Vacancy / Maint / Mgmt: −$231
• Net cashflow: $-207

Break-even live

Break-even rent $1,362

Max offer price $128,394

Occupancy floor —

Sensitivity live

Price	-10% $-113	-5% $-160	+0% $-207	+5% $-253	+10% $-300
Rent	-10% $-294	-5% $-250	+0% $-207	+5% $-163	+10% $-120
Rate	-1.0pp $-124	-0.5pp $-165	base $-207	+0.5pp $-249	+1.0pp $-293

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: $41,225
• Closing costs: $4,947
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
8013 New York 13 Unit 1 Blossvale, NY	2.0	1.0	800	$1,100	$1.38	23d	1	0.75mi

Listing history 8 events

1. 2026-05-20
   status Pending 1877-char remark

   Show marketing remark (1877 chars)

   Nestled privately among the trees, this beautifully renovated single-wide home combines modern comfort with natural serenity. Set on 3 wooded acres, it offers a peaceful retreat with just the right balance of open yard space and forested surroundings. Recent clearing has created a more defined outdoor area — perfect for relaxing, entertaining, or simply enjoying the quiet beauty of nature all around. Giving you the ideal balance of open area and peaceful surroundings framed by mature trees and nature. As you step inside, you will be blown away by the renovations and craftmanship. Practically everything is new from top to bottom, you won't have to do a thing but move in! With 3 bedrooms and 2 fully renovated bathrooms, this home provides a peaceful retreat surrounded by the tranquility of the woods. The open-concept living room and kitchen area is perfect for modern living and entertaining. The spacious living room seamlessly flows into the updated kitchen, featuring new cabinetry and brand-new appliances. A cozy pellet stove adds warmth and ambiance to the space while helping to reduce heating costs, creating a welcoming and efficient atmosphere for gatherings or quiet nights in. As you look around you will find a freshly painted interior with features to include but not limited to; new appliances, new flooring throughout, new windows, new plumbing and stylish finishes, making it ideal for contemporary living. A detached garage offers convenient storage or workspace. A solid, well-built shed provides excellent additional storage space — perfect for keeping tools, equipment, or seasonal items organized and protected year-round. Located just minutes from Oneida Lake and Sylvan Beach and all its amenities, dining and entertainment. This home offers a great opportunity to enjoy both privacy and modern living in a serene woodland setting.

2. 2026-04-06
   status Active 1877-char remark

   Show marketing remark (1877 chars)

   Nestled privately among the trees, this beautifully renovated single-wide home combines modern comfort with natural serenity. Set on 3 wooded acres, it offers a peaceful retreat with just the right balance of open yard space and forested surroundings. Recent clearing has created a more defined outdoor area — perfect for relaxing, entertaining, or simply enjoying the quiet beauty of nature all around. Giving you the ideal balance of open area and peaceful surroundings framed by mature trees and nature. As you step inside, you will be blown away by the renovations and craftmanship. Practically everything is new from top to bottom, you won't have to do a thing but move in! With 3 bedrooms and 2 fully renovated bathrooms, this home provides a peaceful retreat surrounded by the tranquility of the woods. The open-concept living room and kitchen area is perfect for modern living and entertaining. The spacious living room seamlessly flows into the updated kitchen, featuring new cabinetry and brand-new appliances. A cozy pellet stove adds warmth and ambiance to the space while helping to reduce heating costs, creating a welcoming and efficient atmosphere for gatherings or quiet nights in. As you look around you will find a freshly painted interior with features to include but not limited to; new appliances, new flooring throughout, new windows, new plumbing and stylish finishes, making it ideal for contemporary living. A detached garage offers convenient storage or workspace. A solid, well-built shed provides excellent additional storage space — perfect for keeping tools, equipment, or seasonal items organized and protected year-round. Located just minutes from Oneida Lake and Sylvan Beach and all its amenities, dining and entertainment. This home offers a great opportunity to enjoy both privacy and modern living in a serene woodland setting.

3. 2026-02-20
   historical Active Under Contract 1877-char remark

   Show marketing remark (1877 chars)

   Nestled privately among the trees, this beautifully renovated single-wide home combines modern comfort with natural serenity. Set on 3 wooded acres, it offers a peaceful retreat with just the right balance of open yard space and forested surroundings. Recent clearing has created a more defined outdoor area — perfect for relaxing, entertaining, or simply enjoying the quiet beauty of nature all around. Giving you the ideal balance of open area and peaceful surroundings framed by mature trees and nature. As you step inside, you will be blown away by the renovations and craftmanship. Practically everything is new from top to bottom, you won't have to do a thing but move in! With 3 bedrooms and 2 fully renovated bathrooms, this home provides a peaceful retreat surrounded by the tranquility of the woods. The open-concept living room and kitchen area is perfect for modern living and entertaining. The spacious living room seamlessly flows into the updated kitchen, featuring new cabinetry and brand-new appliances. A cozy pellet stove adds warmth and ambiance to the space while helping to reduce heating costs, creating a welcoming and efficient atmosphere for gatherings or quiet nights in. As you look around you will find a freshly painted interior with features to include but not limited to; new appliances, new flooring throughout, new windows, new plumbing and stylish finishes, making it ideal for contemporary living. A detached garage offers convenient storage or workspace. A solid, well-built shed provides excellent additional storage space — perfect for keeping tools, equipment, or seasonal items organized and protected year-round. Located just minutes from Oneida Lake and Sylvan Beach and all its amenities, dining and entertainment. This home offers a great opportunity to enjoy both privacy and modern living in a serene woodland setting.

4. 2025-10-31
   listed $164,900 Active 1877-char remark

   Show marketing remark (1877 chars)

   Nestled privately among the trees, this beautifully renovated single-wide home combines modern comfort with natural serenity. Set on 3 wooded acres, it offers a peaceful retreat with just the right balance of open yard space and forested surroundings. Recent clearing has created a more defined outdoor area — perfect for relaxing, entertaining, or simply enjoying the quiet beauty of nature all around. Giving you the ideal balance of open area and peaceful surroundings framed by mature trees and nature. As you step inside, you will be blown away by the renovations and craftmanship. Practically everything is new from top to bottom, you won't have to do a thing but move in! With 3 bedrooms and 2 fully renovated bathrooms, this home provides a peaceful retreat surrounded by the tranquility of the woods. The open-concept living room and kitchen area is perfect for modern living and entertaining. The spacious living room seamlessly flows into the updated kitchen, featuring new cabinetry and brand-new appliances. A cozy pellet stove adds warmth and ambiance to the space while helping to reduce heating costs, creating a welcoming and efficient atmosphere for gatherings or quiet nights in. As you look around you will find a freshly painted interior with features to include but not limited to; new appliances, new flooring throughout, new windows, new plumbing and stylish finishes, making it ideal for contemporary living. A detached garage offers convenient storage or workspace. A solid, well-built shed provides excellent additional storage space — perfect for keeping tools, equipment, or seasonal items organized and protected year-round. Located just minutes from Oneida Lake and Sylvan Beach and all its amenities, dining and entertainment. This home offers a great opportunity to enjoy both privacy and modern living in a serene woodland setting.

5. 2025-03-16
   listed $164,900 Active
6. 2022-12-02
   soldstatus $59,000 Closed Sale or Rented
7. 2022-08-29
   status Under Contract- Do Not Show
8. 2022-08-17
   listed $67,000 Active

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

Tax reassessment forecast NY · Partial reset (capped growth)

• Current annual tax: $1,706 · $142/mo
• Projected year-2 tax: $2,247 · $187/mo
• Expected delta: +$540/yr (+$45/mo · 31.7%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 2/10 Low 7 d/yr ≥95°F today · 16 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $13,200
• − Mortgage interest: −$9,237
• − Property taxes: −$1,706
• − Insurance: −$824
• − Repairs & maintenance: −$1,056
• − Management: −$1,056
• − Depreciation: −$4,797
• Taxable loss: −$5,477
• Est. tax savings @ 24.0%: +$1,314
• After-tax cash flow: $-1,165/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.

Schools (NCES district)

• District: Camden Central School District
• NCES district ID: 3606240
• Math proficiency: 34% ▼ -14.00%
• Reading proficiency: 48% ▲ 1.00%
• Median HH income: $48,686
• Composite: 35.15/100
• National rank: #5008
• State rank: #504 of 590 in NY

Livability — North Bay

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• City population: 35
• Population (ZIP): 4,239

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 (93%)
• Race & ethnicity: White 93% Two or more races 5% Hispanic / Latino 4% Asian 1%
• Common ancestry: Romanian 8% Lithuanian 3% Subsaharan African 2%
• Foreign-born: 2% · South Korea, Canada
• Languages at home: 98% English-only · Korean 1%

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: ▲ 73.19%
• Current HPI: 329.3091
• Rent YoY: —
• Metro: —
• 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

+146.1% since first listed

8 events — show timeline

• 2026-05-20 Pending — CNYIS
• 2026-04-06 Relisted — CNYIS
• 2026-02-20 Contingent — CNYIS
• 2025-10-31 Listed $164,900 CNYIS
• 2025-03-16 Listed $164,900 CNYIS
• 2022-12-02 Sold (MLS) $59,000 CNYIS
• 2022-08-29 Pending — CNYIS
• 2022-08-17 Listed $67,000 CNYIS

Property tax history

+3.6%/yr

Latest (2025): $1,706 · -0.8% YoY. Source: county tax records.