This is part of a group of new caches in this park. The portion of the park where most of these caches are hidden is pretty much undeveloped. There are a few trails, and most of these caches are close to the trails. It is a very popular area for mountain bikes. When I hid them (in the snow) I saw at least 6 bikes on the trails. I'm sure there will be many more during the summer. Watch out for these muggles as well as others who are are running, hiking or cross-country skiing.
Most of these caches shouldn't be to tough to find. The ratings are based on the conditions when I was there. Most of them will probably be easier to find when there isn't any snow.
I'm adding a bicycle attribute, but I would only try it on a mountain bike.
For this one you are looking for a small rectangular lock-n-lock. It is hidden in a pretty typical "in the woods" location, and has a small geopile over it. It is hidden close to a fairly steep drop in the terrain. You do not have to go down the hill to get the cache. The 3 terrain is based on possible slippery conditions during the winter and the nearby drop in terrain. It is actually about a 2 terrain getting to the cache. Please be sure that it is well hidden when you leave because of all the muggle traffic nearby. Have fun!