7 Maryland Ct · Stone Ridge, NY 12484

$419,900

3 bd · 1.0 ba · 1,547 sqft · SingleFamily public records · 38 Days on market

Built 1958 0.50 ac lot $271/sqft · 34% below area Est $638k · 34% under

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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 +27.1/30.0
• ARV discount +15.0/15.0
• DSCR +9.4/10.0
• 1% rule +6.8/10.0
• Schools +4.0/10.0
• Livability +3.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Tucked away on a quiet dead-end street in Stone Ridge, this light-filled home offers rare privacy, effortless single-level living, and over an acre of serene natural beauty. Set on a level, tree-lined lot framed by classic stone walls, this 1,500 sq. ft. home owns the entire side of Maryland Court, creating a peaceful retreat just minutes from the heart of town. Inside, vaulted ceilings and oversized windows flood the home with natural light. The expansive living room is both warm and airy, featuring a cozy wood-burning stove and French doors that open seamlessly to the outdoors. The spacious eat-in kitchen is equally inviting, with dramatic picture windows overlooking the meadow-like grounds and surrounding woods. Three generously sized bedrooms, two featuring vaulted ceilings and large windows, bringing in soft light and tranquil views throughout the day. Thoughtfully designed for simple, stylish one-level living, this home blends comfort, privacy, and timeless Hudson Valley charm.

Key facts

• Rare privacy
• Tree-lined lot
• Single-level living

Tags

• QUIET DEAD-END STREET
• RARE PRIVACY
• SINGLE-LEVEL LIVING
• OVER AN ACRE
• TREE-LINED LOT
• CLASSIC STONE WALLS

Property features AI

Exterior

• Parking: Driveway
• Utilities: Electricity connected (Central Hudson); Water connected; Septic tank / sewer connected
• Home design: Single family residence; One story; Actual property condition
• Construction: Aluminum siding construction
• Exterior features: Aluminum siding; Back yard; Cleared; Landscaped; Level lot; See remarks

Interior

• Kitchen: Electric oven; Refrigerator
• Bedrooms: Includes a bedroom on the first floor
• Flooring: Carpet; Ceramic tile
• Bathrooms: 1 full bathroom
• Heating & cooling: Electric heating; Ductless cooling
• Interior features: First-floor bedroom; First-floor full bath; Beamed ceilings; Open floorplan; Original details; Deck
• Laundry & utility: Washer; Dryer; Electric water heater

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $420k.

Deal economics

• At list price, monthly cash flow is $1k ($14k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($5k rent vs $420k).
• Recommended offer: $407k (3.0% below list) — sets the bar for market timing.
• Cap rate 9.7% vs local median 1.8% in Stone Ridge — 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 59/100 on livability (#1,034 in NY) — a working-class tenant base; expect higher turnover. Strengths: crime A+, housing A-; Watch: employment C-, amenities F, commute F.
• Rondout Valley Central School District (rural): math 39% / reading 51% proficiency, ranked #447 of 590 in NY (top 76%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Rondout Valley Junior High School (math 27% / reading 42%, grade F, #483 of 729 statewide, top 68%, 243 students, 42% FRL); Rondout Valley High School (math 87% / reading 64%, grade A-, #623 of 1,100 statewide, top 57%, 569 students, 41% FRL).
• Market conditions: 24 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 464 units permitted in Ulster County in 2024 (170 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $13k of value loss. Plan a longer hold.
• Ulster County population projected at -14% 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 $118k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 38 days — a 3% lower offer ($407k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts 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.

Risks & watch-outs

• Watch-outs: built in 1958 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $407,303 (3.0% below list)

Questions for the listing agent

1. It's been on market 38 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1958 — 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 B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
5. 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.
6. 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.
7. 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: 1.18% ✓
• Cap rate: 9.71%
• Cash-on-cash: 12.20%
• DSCR: 1.54
• GRM: 7.1

CMA / ARV

• ARV (median comp): $637,617
• List price: $419,900
• Delta: -34.15%
• Verdict: UNDERPRICED
• Comps: 11 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
58 Peak Rd	0.11mi	3/2.0	1,573 (+2%)	9mo	$737,000	$469	80

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

Projected returns pro-forma

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

5-year hold

• IRR: 1.8%
• Equity multiple: 1.07×
• Total profit: $8,025
• Equity at exit: $62,608

10-year hold

• IRR: 11.4%
• Equity multiple: 1.89×
• Total profit: $104,825
• Equity at exit: $36,305

Cash invested: $117,572 (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 12484

• Home prices YoY: -7.5%
• Active inventory: 24
• Price-to-rent: 7.1×

Monthly cashflow live

• Estimated rent: $4,950 medium
• Mortgage (P&I): −$2,202
• Tax from tax record: −$339 /mo · $4,063/yr
• Insurance: −$175
• HOA: −$0
• Vacancy / Maint / Mgmt: −$1,040
• Net cashflow: $1,195

Break-even live

Break-even rent $3,437

Max offer price $419,900

Occupancy floor 71%

Sensitivity live

Price	-10% $1,433	-5% $1,314	+0% $1,195	+5% $1,076	+10% $957
Rent	-10% $804	-5% $999	+0% $1,195	+5% $1,390	+10% $1,586
Rate	-1.0pp $1,406	-0.5pp $1,302	base $1,195	+0.5pp $1,086	+1.0pp $975

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: $104,975
• Closing costs: $12,597
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3714 Main St Stone Ridge, NY	3.0	3.0	2200	$4,950	$2.25	44d	1	1.24mi

Listing history 18 events

1. 2026-06-19
   days on market $419,900 Active 38 DOM
2. 2026-06-18
   days on market $419,900 Active 37 DOM
3. 2026-06-17
   days on market $419,900 Active 36 DOM
4. 2026-06-16
   days on market $419,900 Active 35 DOM
5. 2026-06-15
   days on market $419,900 Active 34 DOM
6. 2026-06-14
   days on market $419,900 Active 32 DOM
7. 2026-06-12
   days on market $419,900 Active 31 DOM
8. 2026-06-09
   days on market $419,900 Active 28 DOM
9. 2026-06-08
   days on market $419,900 Active 27 DOM
10. 2026-06-07
    days on market $419,900 Active 26 DOM
11. 2026-06-03
    days on market $419,900 Active 22 DOM
12. 2026-06-02
    days on market $419,900 Active 21 DOM
13. 2026-06-01
    days on market $419,900 Active 20 DOM
14. 2026-05-31
    days on market $419,900 Active 19 DOM
15. 2026-05-30
    days on market $419,900 Active 18 DOM
16. 2026-05-16
    historical Active Under Contract 998-char remark

    Show marketing remark (998 chars)

    Tucked away on a quiet dead-end street in Stone Ridge, this light-filled home offers rare privacy, effortless single-level living, and over an acre of serene natural beauty. Set on a level, tree-lined lot framed by classic stone walls, this 1,500 sq. ft. home owns the entire side of Maryland Court, creating a peaceful retreat just minutes from the heart of town. Inside, vaulted ceilings and oversized windows flood the home with natural light. The expansive living room is both warm and airy, featuring a cozy wood-burning stove and French doors that open seamlessly to the outdoors. The spacious eat-in kitchen is equally inviting, with dramatic picture windows overlooking the meadow-like grounds and surrounding woods. Three generously sized bedrooms, two featuring vaulted ceilings and large windows, bringing in soft light and tranquil views throughout the day. Thoughtfully designed for simple, stylish one-level living, this home blends comfort, privacy, and timeless Hudson Valley charm.

17. 2026-05-09
    listed $419,900 Active 998-char remark

    Show marketing remark (998 chars)

    Tucked away on a quiet dead-end street in Stone Ridge, this light-filled home offers rare privacy, effortless single-level living, and over an acre of serene natural beauty. Set on a level, tree-lined lot framed by classic stone walls, this 1,500 sq. ft. home owns the entire side of Maryland Court, creating a peaceful retreat just minutes from the heart of town. Inside, vaulted ceilings and oversized windows flood the home with natural light. The expansive living room is both warm and airy, featuring a cozy wood-burning stove and French doors that open seamlessly to the outdoors. The spacious eat-in kitchen is equally inviting, with dramatic picture windows overlooking the meadow-like grounds and surrounding woods. Three generously sized bedrooms, two featuring vaulted ceilings and large windows, bringing in soft light and tranquil views throughout the day. Thoughtfully designed for simple, stylish one-level living, this home blends comfort, privacy, and timeless Hudson Valley charm.

18. 2026-05-09
    listed $419,900 Active 998-char remark

    Show marketing remark (998 chars)

    Tucked away on a quiet dead-end street in Stone Ridge, this light-filled home offers rare privacy, effortless single-level living, and over an acre of serene natural beauty. Set on a level, tree-lined lot framed by classic stone walls, this 1,500 sq. ft. home owns the entire side of Maryland Court, creating a peaceful retreat just minutes from the heart of town. Inside, vaulted ceilings and oversized windows flood the home with natural light. The expansive living room is both warm and airy, featuring a cozy wood-burning stove and French doors that open seamlessly to the outdoors. The spacious eat-in kitchen is equally inviting, with dramatic picture windows overlooking the meadow-like grounds and surrounding woods. Three generously sized bedrooms, two featuring vaulted ceilings and large windows, bringing in soft light and tranquil views throughout the day. Thoughtfully designed for simple, stylish one-level living, this home blends comfort, privacy, and timeless Hudson Valley charm.

ⓘ 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: $4,063 · $339/mo
• Projected year-2 tax: $5,580 · $465/mo
• Expected delta: +$1,517/yr (+$126/mo · 37.3%)

ⓘ 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 4/10 Moderate
• 🌡 Heat 4/10 Moderate 7 d/yr ≥99°F today · 14 d/yr by 30 yrs out
• 💨 Wind 3/10 Moderate 7% 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: $59,400
• − Mortgage interest: −$23,521
• − Property taxes: −$4,063
• − Insurance: −$2,100
• − Repairs & maintenance: −$4,752
• − Management: −$4,752
• − Depreciation: −$12,215
• Taxable income: $7,997
• Est. tax owed @ 24.0%: −$1,919
• After-tax cash flow: $12,420/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: Rondout Valley Central School District
• NCES district ID: 3624960
• Math proficiency: 39% ▼ -9.00%
• Reading proficiency: 51% ▲ 5.00%
• Median HH income: $59,408
• Composite: 39.5/100
• National rank: #3949
• State rank: #447 of 590 in NY

Livability — Stone Ridge

• Score: 59/100
• State rank: #1034
• US rank: #20461

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 3,271

Population outlook (Ulster County) Hauer SSP2

• Today (2025): 175,887 people
• By 2030: 171,876 · -2.3%
• By 2040: 161,771 · -8.0%
• By 2050: 151,470 · -13.9%
• By 2075: 133,023 · -24.4%
• By 2100: 113,504 · -35.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (82%)
• Race & ethnicity: White 82% Black 7% Two or more races 7% Hispanic / Latino 5% Asian 3%
• Common ancestry: Scotch-Irish 7% Subsaharan African 6% Serbian 6%
• Foreign-born: 9%
• Languages at home: 90% English-only · Russian/Polish/Slavic 4% French/Haitian/Cajun 3% Spanish 2%

Political lean MEDSL · Ulster

• 2024 margin: D (+18.7) · D 59.3% · R 40.7%
• 2008→2024 swing: -4.9pp toward R · 2008: 23.6pp · 2024: 18.7pp
• All cycles: 2024: D+18.7 2020: D+20.9 2016: D+9.1 2012: D+21.9 2008: D+23.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -29.12%
• Current HPI: 357.0183
• 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

+0.0% since first listed

3 events — show timeline

• 2026-05-16 Contingent — HVCRMLS
• 2026-05-09 Listed $419,900 OneKey® MLS as Distributed by MLS Grid
• 2026-05-09 Listed $419,900 HVCRMLS

Property tax history

+0.7%/yr

Latest (2025): $4,063 · -0.0% YoY. Source: county tax records.