1809 Lansing St · Utica, NY 13501

$210,000

3 bd · 1.0 ba · 1,086 sqft · SingleFamily public records · 33 Days on market

Built 1950 9,600 sqft lot Est $195k · 7% over

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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).

• Cash flow +14.5/30.0
• Appreciation +10.0/10.0
• DSCR +4.4/10.0
• ARV discount +4.2/15.0
• Livability +4.0/5.0
• 1% rule +3.6/10.0
• Schools +2.9/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks

* * OFFER DEADLINE - ALL OFFERS ARE DUE BY 3PM ON WED, 4/15 AND WILL BE REVIEWED THEREAFTER. * * . Welcome to 1809 Lansing Street—offering comfort, flexibility, and great value in East Utica! This well-maintained home features a convenient single-level layout with a bright and inviting living space filled with natural light. The kitchen offers ample cabinet storage and flows nicely into the dining area, creating an ideal setup for both everyday living and entertaining. The main level includes comfortable bedrooms and a full bath, all designed with practicality and ease in mind. A standout feature of this home is the finished basement, providing additional living space perfect for a

Key facts

• Updated appliances
• Single level layout
• Finished basement

Tags

• SINGLE LEVEL LAYOUT
• FINISHED BASEMENT
• FENCED IN YARD
• UPDATED APPLIANCES

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $210k.

Deal economics

• At list price, monthly cash flow is $46 ($551/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $180k (14.2% below list).
• Recommended offer: $180k (14.2% below list) — sets the bar for 1% rule.

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.
• Utica City School District (urban): math 33% / reading 38% proficiency, ranked #562 of 590 in NY (top 95%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 71% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 143 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 204 units permitted in Oneida County in 2024 (68 in 5+ unit buildings).
• This rent runs 41% of the median local income ($53k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $22k of equity ($1k loan paydown + $21k 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.
• At projected returns (10.0% appreciation + 3.0% rent growth), your $59k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 2, paydown + projected appreciation supports a ~$36k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 33 days — a 3% lower offer ($204k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 7y 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 $120k; list at $210k implies a 75% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $180,151 (14.2% below list)

Questions for the listing agent

1. It's been on market 33 days. Have you received any prior offers? Is the seller open to a 14% concession, seller financing, or rate buy-down credit?
2. Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. 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?
7. 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.
8. 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.
9. 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: 0.86% ✗
• Cap rate: 6.56%
• Cash-on-cash: 0.94%
• DSCR: 1.04
• GRM: 9.7

CMA / ARV

• ARV (on-the-fly): $195,480
• Comps found: 5

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1807 Blandina St	0.07mi	3/1.0	1,150 (+6%)	4mo	$206,700	$180	83
1818 Lansing St	0.04mi	3/1.0	1,008 (-7%)	4mo	$207,000	$205	83
1142 Ontario St	0.50mi	2/2.5 (-1)	1,134 (+4%)	14mo	$215,000	$190	46
1165 Jefferson Ave	0.73mi	3/1.0	1,170 (+8%)	12mo	$145,000	$124	43
1200 Kiniry St	0.64mi	2/1.0 (-1)	1,185 (+9%)	21mo	$198,790	$168	33

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

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

5-year hold

• IRR: 24.9%
• Equity multiple: 2.99×
• Total profit: $117,276
• Equity at exit: $189,185

10-year hold

• IRR: 22.0%
• Equity multiple: 6.83×
• Total profit: $343,025
• Equity at exit: $407,984

Cash invested: $58,800 (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 13501

• Home prices YoY: 5.6%
• Active inventory: 143
• Price-to-rent: 9.7×

Monthly cashflow live

• Estimated rent: $1,802 medium
• Mortgage (P&I): −$1,101
• Tax from tax record: −$189 /mo · $2,262/yr
• Insurance: −$88
• HOA: −$0
• Vacancy / Maint / Mgmt: −$378
• Net cashflow: $46

Break-even live

Break-even rent $1,743

Max offer price $210,000

Occupancy floor 92%

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: $52,500
• Closing costs: $6,300
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
214 Wildwood Rdg Frankfort, NY	2.0	1.5	1040	$2,200	$2.12	44d	1	1.15mi
1124 Dudley Ave Unit 1 Utica, NY	3.0	1.0	1300	$1,400	$1.08	44d	1	1.47mi

Listing history 21 events

1. 2026-05-15
   status Pending
2. 2026-04-15
   historical Active Under Contract
3. 2026-04-12
   listed $210,000 Active
4. 2025-05-11
   historical
5. 2025-05-10
   historical
6. 2025-05-09
   historical
7. 2025-04-14
   historical
8. 2025-04-14
   listed $245,000
9. 2025-04-14
   historical
10. 2025-02-20
    historical Active Under Contract
11. 2025-01-08
    price $245,000
12. 2024-11-20
    price $259,900
13. 2024-10-09
    listed $270,000 Active
14. 2020-09-24
    soldstatus $120,000
15. 2020-09-18
    soldstatus $120,000
16. 2019-10-22
    listed $129,900
17. 2019-10-14
    historical
18. 2019-07-10
    listed $137,900
19. 2019-05-10
    soldstatus $68,000
20. 2019-05-09
    soldstatus $68,000
21. 2019-03-19
    listed $70,000

ⓘ 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: $2,262 · $189/mo
• Projected year-2 tax: $2,906 · $242/mo
• Expected delta: +$643/yr (+$54/mo · 28.4%)

ⓘ 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 2/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥95°F today · 17 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: $21,618
• − Mortgage interest: −$11,763
• − Property taxes: −$2,262
• − Insurance: −$1,050
• − Repairs & maintenance: −$1,729
• − Management: −$1,729
• − Depreciation: −$6,109
• Taxable loss: −$3,026
• Est. tax savings @ 24.0%: +$726
• After-tax cash flow: $1,277/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: Utica City School District
• NCES district ID: 3629370
• Math proficiency: 33% ▼ -7.00%
• Reading proficiency: 38% ▲ 2.00%
• Median HH income: $31,834
• Composite: 29.01/100
• National rank: #6613
• State rank: #562 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

• Census place: Utica, NY
• County: Oneida County · 89,710 people
• City population: 72,968
• Metro: Utica-Rome, NY
• Population (ZIP): 38,931
• Household income: $52,548
• Rent vs Own: 49.2% rent · 50.8% own
• Severe rent burden: 2251.0

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: Highly diverse neighborhood (Simpson 0.70)
• Race & ethnicity: White 49% Two or more races 15% Hispanic / Latino 14% Black 14% Asian 14%
• Hispanic origin (detail): Puerto Rican 8% Dominican 4%
• Common ancestry: American 8% Romanian 3% Lithuanian 1%
• Foreign-born: 25% · Canada, Philippines, Vietnam
• Languages at home: 62% English-only · Other Asian/Pacific 11% Russian/Polish/Slavic 10% Spanish 9%

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: ▲ 20.28%
• Current HPI: 382.3726
• 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

+200.0% since first listed

21 events — show timeline

• 2026-05-15 Pending — CNYIS
• 2026-04-15 Contingent — CNYIS
• 2026-04-12 Listed $210,000 CNYIS
• 2025-05-11 Listing Removed — CNYIS
• 2025-05-10 Listing Removed — CNYIS
• 2025-05-09 Listing Removed — CNYIS
• 2025-04-14 Listed $245,000 CNYIS
• 2025-04-14 Listing Removed — CNYIS
• 2025-04-14 Listing Removed — CNYIS
• 2025-02-20 Contingent — CNYIS
• 2025-01-08 Price Changed $245,000 CNYIS
• 2024-11-20 Price Changed $259,900 CNYIS
• 2024-10-09 Listed $270,000 CNYIS
• 2020-09-24 Sold (Public Records) $120,000 Public Records
• 2020-09-18 Sold (MLS) $120,000 CNYIS
• 2019-10-22 Listed $129,900 CNYIS
• 2019-10-14 Listing Removed — CNYIS
• 2019-07-10 Listed $137,900 CNYIS
• 2019-05-10 Sold (Public Records) $68,000 Public Records
• 2019-05-09 Sold (MLS) $68,000 CNYIS
• 2019-03-19 Listed $70,000 CNYIS

Property tax history

+10.7%/yr

Latest (2025): $2,262 · +5.6% YoY. Source: county tax records.