32 Jordache Ln · North Gates, NY 14559

$169,900

2 bd · 2.5 ba · 1,320 sqft · Townhouse public records · 7 Days on market

Built 1988 1,307 sqft lot $129/sqft · 14% below area Est $197k · 14% under $275/mo HOA · 15% of rent

---

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).

• ARV discount +13.7/15.0
• Cash flow +7.4/30.0
• 1% rule +5.6/10.0
• Schools +5.1/10.0
• Livability +3.8/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• DSCR +1.5/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Beautiful and impeccably maintained tri-level townhouse. 2 bed. 2.1 baths. Double master suites. Formal dining. Updated kitchen with ceramic subway tile backsplash, new countertops, trayed ceiling, and NEW black appliances included. NEW High efficiency YORK furnace and CA 2017. H2O Heater 2017. NEW Garage door opener. Private Deck backs to no one. HOA provides: Trash, exterior maintenance, lawn care, plowing & salting. All of this & Spencerport schools as well. Call today, you will not be disappointed! Delay of negotiations till Monday August 24th at 1pm

Key facts

• Private deck
• Attached garage
• Epoxy floor

Tags

• PRIVATE DECK
• PARTIALLY FINISHED BASEMENT
• ATTACHED GARAGE
• EPOXY FLOOR

Property features AI

Finance

• Financial info: Pets allowed (cats and dogs; number limit applies)
• HOA & community: Inglewood Townhomes Homeo association; Monthly HOA fee of $275; HOA covers common area maintenance, snow removal, and trash

Exterior

• Parking: Assigned underground parking; Garage with 1 space and garage door opener; One designated space
• Utilities: Cable available; High-speed internet available; Electricity connected; Public water connected; Sewer connected
• Home design: 3 stories; Resale property
• Construction: Brick and vinyl siding exterior; Asphalt shingle roof; Copper and PEX plumbing
• Exterior features: Deck; Near public transit; Rectangular residential lot; City street frontage

Interior

• Kitchen: Dishwasher; Electric oven; Electric range; Microwave; Refrigerator; Disposal; Pantry
• Bedrooms: Includes bedrooms (room level not specified)
• Flooring: Carpet; Laminate; Varies; Vinyl
• Bathrooms: 2 full bathrooms; 1 half bathroom; 1 main-level bathroom
• Heating & cooling: Gas forced-air heating; Central air conditioning
• Interior features: Cathedral ceilings; Separate/formal dining room; Separate/formal living room; Pantry; Sliding glass door(s); Bath in primary bedroom; Programmable thermostat; Thermal windows; Sliding doors; Partially finished basement with sump pump; Basement present
• Laundry & utility: Main-level laundry; Gas water heater

What this means for you Summary

Snapshot

• This is a 2-bed/2.5-bath townhouse listed at $170k.

Deal economics

• At list price, monthly cash flow is $-218 ($-3k/yr) — negative.
• To cash-flow at today's rent, offer at most $131k (22.7% below list).
• Meets the 1% rule at list price ($2k rent vs $170k).
• Recommended offer: $131k (22.7% below list) — sets the bar for cash-flow.

Location & tenants

• Location reads 75/100 on livability (#245 in NY, #3,859 nationally) — a middle-class / working-renter tenant base. Strengths: housing A+, health & safety A+, cost of living A-; Watch: crime D, amenities F.
• Spencerport Central School District (suburban): math 52% / reading 63% proficiency, ranked #248 of 590 in NY (top 42%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: William C Munn School (math 37% / reading 42%, grade F, #1,444 of 2,108 statewide, top 71%, 342 students, 51% FRL); A M Cosgrove Middle School (math 32% / reading 53%, grade D-, #373 of 729 statewide, top 52%, 844 students, 39% FRL); Spencerport High School (math 95% / reading 96%, grade A+, #76 of 1,100 statewide, top 7%, 1,142 students, 40% FRL) — zoned schools average 43% FRL vs 22% district-wide (22 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 73 active listings in the ZIP; solid renter incomes; 1,169 units permitted in Monroe County in 2024 (591 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Monroe County population projected to shrink 6% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• Only 7 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts since 14y 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.

Risks & watch-outs

• Watch-outs: property tax is 2.9% of price.

Recommended offer $131,329 (22.7% 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. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. Crime grade is D 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?
7. 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?
8. 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.
9. 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.
10. 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: 1.06% ✓
• Cap rate: 4.75%
• Cash-on-cash: -5.51%
• DSCR: 0.75
• GRM: 7.8

CMA / ARV

• ARV (median comp): $197,129
• List price: $169,900
• Delta: -13.81%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
105 Jordache Ln	0.10mi	3/1.5 (+1)	1,334 (+1%)	1mo	$245,500	$184	84
6 Jordache Ln	0.03mi	2/2.5	1,332 (+1%)	18mo	$207,000	$155	82
82 Jordache Ln	0.07mi	3/1.5 (+1)	1,220 (-8%)	19mo	$166,000	$136	59

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: -25.4%
• Equity multiple: 0.14×
• Total profit: $-41,121
• Equity at exit: $25,333

10-year hold

• IRR: -20.9%
• Equity multiple: -0.10×
• Total profit: $-52,429
• Equity at exit: $14,690

Cash invested: $47,572 (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 14559

• Home prices YoY: -31.7%
• Active inventory: 73
• Price-to-rent: 7.8×

Monthly cashflow live

• Estimated rent: $1,805 medium
• Mortgage (P&I): −$891
• Tax from tax record: −$408 /mo · $4,891/yr
• Insurance: −$71
• HOA: −$275
• Vacancy / Maint / Mgmt: −$379
• Net cashflow: $-218

Break-even live

Break-even rent $2,081

Max offer price $131,329

Occupancy floor —

Sensitivity live

Price	-10% $-122	-5% $-170	+0% $-218	+5% $-266	+10% $-315
Rent	-10% $-361	-5% $-290	+0% $-218	+5% $-147	+10% $-76
Rate	-1.0pp $-133	-0.5pp $-175	base $-218	+0.5pp $-262	+1.0pp $-307

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: $42,475
• Closing costs: $5,097
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $275 · $3,300/yr
• Likely covers: watertrashlandscapingexterior maint.

Listing history 18 events

1. 2026-05-13
   listed $169,900 Active 1381-char remark
2. 2020-10-19
   soldstatus $138,000
3. 2020-10-16
   soldstatus $138,000 Closed Sale or Rented 573-char remark

   Show marketing remark (573 chars)

   Beautiful and impeccably maintained tri-level townhouse. 2 bed. 2.1 baths. Double master suites. Formal dining. Updated kitchen with ceramic subway tile backsplash, new countertops, trayed ceiling, and NEW black appliances included. NEW High efficiency YORK furnace and CA 2017. H2O Heater 2017. NEW Garage door opener. Private Deck backs to no one. HOA provides: Trash, exterior maintenance, lawn care, plowing & salting. All of this & Spencerport schools as well. Call today, you will not be disappointed! Delay of negotiations till Monday August 24th at 1pm

4. 2020-09-08
   status Pending Sale 573-char remark

   Show marketing remark (573 chars)

   Beautiful and impeccably maintained tri-level townhouse. 2 bed. 2.1 baths. Double master suites. Formal dining. Updated kitchen with ceramic subway tile backsplash, new countertops, trayed ceiling, and NEW black appliances included. NEW High efficiency YORK furnace and CA 2017. H2O Heater 2017. NEW Garage door opener. Private Deck backs to no one. HOA provides: Trash, exterior maintenance, lawn care, plowing & salting. All of this & Spencerport schools as well. Call today, you will not be disappointed! Delay of negotiations till Monday August 24th at 1pm

5. 2020-08-24
   status Under Contract- Do Not Show 573-char remark

   Show marketing remark (573 chars)

   Beautiful and impeccably maintained tri-level townhouse. 2 bed. 2.1 baths. Double master suites. Formal dining. Updated kitchen with ceramic subway tile backsplash, new countertops, trayed ceiling, and NEW black appliances included. NEW High efficiency YORK furnace and CA 2017. H2O Heater 2017. NEW Garage door opener. Private Deck backs to no one. HOA provides: Trash, exterior maintenance, lawn care, plowing & salting. All of this & Spencerport schools as well. Call today, you will not be disappointed! Delay of negotiations till Monday August 24th at 1pm

6. 2020-08-19
   listed $114,900 Active 573-char remark

   Show marketing remark (573 chars)

   Beautiful and impeccably maintained tri-level townhouse. 2 bed. 2.1 baths. Double master suites. Formal dining. Updated kitchen with ceramic subway tile backsplash, new countertops, trayed ceiling, and NEW black appliances included. NEW High efficiency YORK furnace and CA 2017. H2O Heater 2017. NEW Garage door opener. Private Deck backs to no one. HOA provides: Trash, exterior maintenance, lawn care, plowing & salting. All of this & Spencerport schools as well. Call today, you will not be disappointed! Delay of negotiations till Monday August 24th at 1pm

7. 2015-12-04
   soldstatus $102,900
8. 2015-11-23
   soldstatus $102,900 Closed Sale or Rented

   Show marketing remark (619 chars)

   Totally updated "best on the block" 2/3 bedroom, 2.5 bath condo/townhome! Enjoy your morning coffee on the back deck, the chef in the family will enjoy the updated kitchen w/ stainless appliances, ceramic backsplash, new flooring, new lights & more. This home has double master suites, fresh paint, new flooring, new doors, newer central air along w/ a recently rebuilt furnace, & high end finishes! Reasonable HoA provides: tennis courts, trash, exterior maintenance, lawn care, plowing & salting. All of this & Spencerport schools as well! Call today, you will not be disappointed!

9. 2015-11-12
   status Pending Sale

   Show marketing remark (619 chars)

   Totally updated "best on the block" 2/3 bedroom, 2.5 bath condo/townhome! Enjoy your morning coffee on the back deck, the chef in the family will enjoy the updated kitchen w/ stainless appliances, ceramic backsplash, new flooring, new lights & more. This home has double master suites, fresh paint, new flooring, new doors, newer central air along w/ a recently rebuilt furnace, & high end finishes! Reasonable HoA provides: tennis courts, trash, exterior maintenance, lawn care, plowing & salting. All of this & Spencerport schools as well! Call today, you will not be disappointed!

10. 2015-09-30
    price $102,900

    Show marketing remark (619 chars)

    Totally updated "best on the block" 2/3 bedroom, 2.5 bath condo/townhome! Enjoy your morning coffee on the back deck, the chef in the family will enjoy the updated kitchen w/ stainless appliances, ceramic backsplash, new flooring, new lights & more. This home has double master suites, fresh paint, new flooring, new doors, newer central air along w/ a recently rebuilt furnace, & high end finishes! Reasonable HoA provides: tennis courts, trash, exterior maintenance, lawn care, plowing & salting. All of this & Spencerport schools as well! Call today, you will not be disappointed!

11. 2015-08-19
    listed $104,900 Active

    Show marketing remark (619 chars)

    Totally updated "best on the block" 2/3 bedroom, 2.5 bath condo/townhome! Enjoy your morning coffee on the back deck, the chef in the family will enjoy the updated kitchen w/ stainless appliances, ceramic backsplash, new flooring, new lights & more. This home has double master suites, fresh paint, new flooring, new doors, newer central air along w/ a recently rebuilt furnace, & high end finishes! Reasonable HoA provides: tennis courts, trash, exterior maintenance, lawn care, plowing & salting. All of this & Spencerport schools as well! Call today, you will not be disappointed!

12. 2012-08-31
    soldstatus $95,000
13. 2012-08-29
    soldstatus $95,000
14. 2012-03-30
    listed $97,900
15. 2005-10-13
    soldstatus $95,000
16. 2003-12-29
    soldstatus $91,500
17. 2000-06-09
    soldstatus $78,200
18. 1996-06-26
    soldstatus $88,500

ⓘ 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: $4,891 · $408/mo
• Projected year-2 tax: $4,891 · $408/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ 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 3/10 Moderate
• 🌡 Heat 2/10 Low 7 d/yr ≥96°F today · 15 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,661
• − Mortgage interest: −$9,517
• − Property taxes: −$4,891
• − Insurance: −$850
• − Repairs & maintenance: −$1,733
• − Management: −$1,733
• − HOA: −$3,300
• − Depreciation: −$4,943
• Taxable loss: −$5,305
• Est. tax savings @ 24.0%: +$1,273
• After-tax cash flow: $-1,347/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: Spencerport Central School District
• NCES district ID: 3627780
• Math proficiency: 52% ▼ -15.00%
• Reading proficiency: 63% ▲ 8.00%
• Median HH income: $66,920
• Composite: 50.58/100
• National rank: #1846
• State rank: #248 of 590 in NY

Livability — North Gates

• Score: 75/100
• State rank: #245
• US rank: #3859

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Monroe County · 674,131 people
• City population: 27,478
• Metro: Rochester, NY
• Population (ZIP): 17,200
• Household income: $94,794
• Rent vs Own: 21.8% rent · 78.2% own
• Severe rent burden: 220.0

Population outlook (Monroe County) Hauer SSP2

• Today (2025): 759,460 people
• By 2030: 757,154 · -0.3%
• By 2040: 740,644 · -2.5%
• By 2050: 714,443 · -5.9%
• By 2075: 645,883 · -15.0%
• By 2100: 547,084 · -28.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (92%)
• Race & ethnicity: White 92% Two or more races 5% Hispanic / Latino 2% Black 1%
• Common ancestry: Romanian 4% Slovak 3% Lithuanian 3%
• Foreign-born: 3% · Canada
• Languages at home: 97% English-only · Russian/Polish/Slavic 2% Other Indo-European 1%

Political lean MEDSL · Monroe

• 2024 margin: D (+19.1) · D 59.5% · R 40.5%
• 2008→2024 swing: +1.4pp toward D · 2008: 17.7pp · 2024: 19.1pp
• All cycles: 2024: D+19.1 2020: D+21.0 2016: D+14.1 2012: D+17.4 2008: D+17.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -121.06%
• Current HPI: 260.3489
• Rent YoY: —
• Metro: Rochester, 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

+187.0% since first listed

20 events — show timeline

• 2026-06-12 Sold (MLS) $254,000 UNYREIS
• 2026-05-20 Pending — UNYREIS
• 2026-05-13 Listed $169,900 UNYREIS
• 2020-10-19 Sold (Public Records) $138,000 Public Records
• 2020-10-16 Sold (MLS) $138,000 UNYREIS
• 2020-09-08 Pending — UNYREIS
• 2020-08-24 Pending — UNYREIS
• 2020-08-19 Listed $114,900 UNYREIS
• 2015-12-04 Sold (Public Records) $102,900 Public Records
• 2015-11-23 Sold (MLS) $102,900 UNYREIS
• 2015-11-12 Pending — UNYREIS
• 2015-09-30 Price Changed $102,900 UNYREIS
• 2015-08-19 Listed $104,900 UNYREIS
• 2012-08-31 Sold (Public Records) $95,000 Public Records
• 2012-08-29 Sold (MLS) $95,000 UNYREIS
• 2012-03-30 Listed $97,900 UNYREIS
• 2005-10-13 Sold (Public Records) $95,000 Public Records
• 2003-12-29 Sold (Public Records) $91,500 Public Records
• 2000-06-09 Sold (Public Records) $78,200 Public Records
• 1996-06-26 Sold (Public Records) $88,500 Public Records

Property tax history

+3.7%/yr

Latest (2025): $4,891 · -1.8% YoY. Source: county tax records.