643 Pelham Rd Unit 6D · New Rochelle, NY 10805

$212,000

1 bd · 1.0 ba · 800 sqft · Townhouse · 270 Days on market

Built 1962 Good condition 1.69 ac lot $265/sqft · 14% below area Est $246k · 14% under ↓ 3% since listing

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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 +25.0/30.0
• ARV discount +13.7/15.0
• DSCR +8.2/10.0
• 1% rule +6.5/10.0
• Schools +5.9/10.0
• Appreciation +4.3/10.0
• Condition / age +3.8/5.0
• Livability +3.5/5.0
• Rent growth +2.5/5.0

Listing remarks MLS

Top-floor 1-bedroom co-op in the well-maintained Whitewood Gardens. This bright unit features a comfortable living room, a defined dining area, and a practical kitchen layout. The bedroom offers ample space and steady natural light. Assigned parking and neatly kept grounds add daily convenience. Located near key local amenities, including New Rochelle’s waterfront areas. Glen Island Park is approximately 2 miles away and the Echo Bay/Harbor area is also just minutes from Pelham Road. The property provides close access to shops, dining, public transportation, and major roadways. This is a well-managed co-op offering a solid opportunity in New Rochelle.

Key facts

• Top-floor co-op
• Assigned parking
• Parking

Tags

• TOP-FLOOR CO-OP
• WELL-MAINTAINED GROUNDS
• ASSIGNED PARKING
• CLOSE ACCESS TO SHOPS
• CLOSE ACCESS TO DINING
• CLOSE ACCESS TO MAJOR ROADWAYS

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath townhouse listed at $212k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $397 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $212k).
• Recommended offer: $187k (12.0% below list) — sets the bar for market timing.
• Cap rate 8.9% vs local median 4.6% in New Rochelle — 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 69/100 on livability (#487 in NY) — a middle-class / working-renter tenant base. Strengths: employment A+, crime A, amenities B+; Watch: housing D+, commute F, cost of living F.
• New Rochelle City School District (suburban): math 63% / reading 66% proficiency, ranked #171 of 590 in NY (top 29%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: New Rochelle High School (math 87% / reading 72%, grade A-, #518 of 1,100 statewide, top 51%, 3,076 students, 57% FRL) — zoned schools average 57% FRL vs 41% district-wide (16 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 80% at this address vs 64% district-wide (+15 pts) — the actual schools serving this property are materially stronger than the New Rochelle City School District average implies; a family-tenant draw the district grade alone would hide.
• Market conditions: 139 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 49d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 55% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 954 units permitted in Westchester County in 2024 (649 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-1.5%/yr); year-one equity from $1k of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Westchester County population projected at +10% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-1.5% appreciation + 3.0% rent growth), your $59k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 270 days — a 12% lower offer ($187k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo.
• Climate carrying-cost: severe flood risk; major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $186,560 (12.0% below list)

Questions for the listing agent

1. It's been on market 270 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1962 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 1.15% ✓
• Cap rate: 8.92%
• Cash-on-cash: 9.37%
• DSCR: 1.42
• GRM: 7.2

CMA / ARV

• ARV (median comp): $246,041
• List price: $212,000
• Delta: -13.84%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
667 Pelham Rd. Rd Unit B5	0.06mi	1/1.0	800 (0%)	2mo	$245,000	$306	95
669 Pelham Rd Unit C-10	0.06mi	1/1.0	750 (-6%)	5mo	$155,000	$207	82
179 Drake Ave Unit 2J	0.31mi	1/1.0	800 (0%)	6mo	$199,900	$250	81
703 Pelham Rd #107	0.18mi	1/1.5	800 (0%)	11mo	$295,000	$369	80
666 Pelham Rd Unit 5L	0.09mi	1/1.0	750 (-6%)	6mo	$240,000	$320	80
35 Shady Glen Ct Unit 3F	0.36mi	1/1.0	850 (+6%)	1mo	$180,000	$212	72
703 Pelham Rd #310	0.18mi	1/1.5	850 (+6%)	10mo	$360,000	$424	71
450 Pelham Rd Unit 2C	0.40mi	1/1.0	831 (+4%)	6mo	$170,000	$205	70
20 Shady Glen Ct Unit 3A	0.40mi	1/1.0	850 (+6%)	4mo	$151,000	$178	67
179 Drake Ave Unit 2A	0.31mi	1/1.0	850 (+6%)	10mo	$200,000	$235	67
25 Shady Glen Ct Unit 1A	0.38mi	1/1.0	750 (-6%)	7mo	$170,000	$227	66
666 Pelham Rd Unit 6K	0.09mi	1/1.0	900 (+12%)	11mo	$290,000	$322	66

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

Projected returns pro-forma

-1.48% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 1.9%
• Equity multiple: 1.08×
• Total profit: $4,893
• Equity at exit: $46,364

10-year hold

• IRR: 9.1%
• Equity multiple: 1.84×
• Total profit: $49,862
• Equity at exit: $44,696

Cash invested: $59,360 (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 →

Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 32 active · 22 under contract
• Months of supply: 8.7 mo (11%/mo absorbed)
• Median asking: $222,000 ($280/sqft)
• Median days on market: 54 d
• This list price: 41% of active listings are priced below it
• ARV vs active asking: +10.0% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 10805

• Home prices YoY: -0.5%
• Active inventory: 139
• Price-to-rent: 7.2×

Monthly cashflow live

• Estimated rent: $2,441 high
• Mortgage (P&I): −$1,112
• Tax est. 1.5%: −$265 /mo · $3,180/yr
• Insurance: −$88
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$513
• Net cashflow: $397

Break-even live

Break-even rent $1,939

Max offer price $212,000

Occupancy floor 79%

Sensitivity live

Price	-10% $544	-5% $470	+0% $397	+5% $324	+10% $251
Rent	-10% $204	-5% $301	+0% $397	+5% $494	+10% $590
Rate	-1.0pp $504	-0.5pp $451	base $397	+0.5pp $342	+1.0pp $286

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: $53,000
• Closing costs: $6,360
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
666 Pelham Rd Apt 3A New Rochelle, NY	1.0	1.0	750	$2,350	$3.13	139d	1	0.10mi
3 Harbor Ln Unit 3A New Rochelle, NY	1.0	1.0	700	$2,500	$3.57	120d	1	0.23mi
7 Lanecrest Ave New Rochelle, NY	2.0	1.0	1100	$2,690	$2.45	113d	1	0.29mi
14 Lee Ct Unit 14 New Rochelle, NY	1.0	1.0	950	$2,650	$2.79	10d	1	0.30mi
504 Pelham Rd New Rochelle, NY	1.0	1.0	700	$2,300	$3.29	109d	1	0.31mi
12 Russell Ave Apt 2 New Rochelle, NY	2.0	1.0	800	$2,350	$2.94	103d	1	0.71mi
965 Main St Unit 2 New Rochelle, NY	2.0	1.0	825	$2,995	$3.63	90d	1	0.77mi
965 Main St Unit 2 New Rochelle, NY	2.0	1.0	825	$2,995	$3.63	103d	1	0.77mi
230 Pelham Rd Unit 6F New Rochelle, NY	1.0	1.0	800	$1,995	$2.49	139d	1	0.86mi
230 Pelham Rd Apt 5O New Rochelle, NY	1.0	1.0	725	$2,000	$2.76	36d	1	0.86mi
230 Pelham Rd Apt 2K New Rochelle, NY	2.0	1.0	1000	$2,795	$2.79	90d	1	0.86mi
230 Pelham Rd Unit 3o New Rochelle, NY	1.0	1.0	725	$2,095	$2.89	73d	1	0.88mi
675 Main St New Rochelle, NY	2.0	1.0	1100	$2,800	$2.55	5d	1	0.90mi
220 Pelham Rd Apt 3F New Rochelle, NY	1.0	1.0	725	$2,095	$2.89	73d	1	0.91mi
220 Pelham Rd New Rochelle, NY	1.0–2.0	1.0	900	$2,150	$2.39	107d	2	0.91mi
220 Pelham Rd Unit 5E New Rochelle, NY	2.0	1.0	1000	$2,595	$2.60	103d	1	0.91mi
220 Pelham Rd New Rochelle, NY	1.0–2.0	1.0	862	$2,045	$2.37	21d	3	0.91mi
220 Pelham Rd New Rochelle, NY	1.0–2.0	1.0	837	$2,250	$2.69	4d	3	0.91mi
25 Maple Ave New Rochelle, NY	1.0	1.0	547	$2,895	$5.29	0d	7	0.94mi
50 Highland Ave Unit 3rd Floor New Rochelle, NY	1.0	1.0	650	$1,950	$3.00	59d	1	0.94mi
160 Centre Ave Unit 3L New Rochelle, NY	1.0	1.0	750	$2,200	$2.93	49d	1	0.96mi
111 Centre Ave New Rochelle, NY	1.0	1.0	815	$3,277	$4.02	0d	2	0.99mi
79 S Division St Unit 3 New Rochelle, NY	2.0	1.0	800	$2,600	$3.25	99d	1	1.01mi
214 Fifth Ave Pelham, NY	—	1.0	1000	$4,000	$4.00	0d	1	1.02mi
387 Huguenot St New Rochelle, NY	2.0	1.0–2.0	753	$2,820	$3.75	0d	3	1.03mi
360 Huguenot St New Rochelle, NY	1.0–2.0	1.0–2.0	872	$2,745	$3.15	0d	10	1.06mi
5 Prospect St Unit 2S New Rochelle, NY	1.0	1.0	650	$1,900	$2.92	7d	1	1.07mi
50 Clinton Pl New Rochelle, NY	2.0	1.0–2.0	901	$3,798	$4.21	0d	7	1.10mi
333 Huguenot St New Rochelle, NY	2.0	1.0–2.0	822	$3,408	$4.15	0d	9	1.12mi
55 Clinton Pl New Rochelle, NY	2.0	1.0–2.0	800	$3,556	$4.44	0d	11	1.13mi
27 1st St Apt 3 New Rochelle, NY	2.0	1.0	800	$2,600	$3.25	5d	1	1.14mi
543 Main St #402 New Rochelle, NY	1.0	1.0	924	$3,000	$3.25	111d	1	1.14mi
543 Main St #714 New Rochelle, NY	1.0	1.0	675	$2,450	$3.63	7d	1	1.14mi
12 Church St New Rochelle, NY	2.0	1.0–2.0	770	$3,564	$4.63	0d	44	1.17mi
53 1st St New Rochelle, NY	1.0	1.0	700	$2,300	$3.29	51d	1	1.20mi
3 Davenport Ave New Rochelle, NY	1.0–3.0	1.0–2.0	888	$2,399	$2.70	0d	1	1.20mi
40 Memorial Hwy New Rochelle, NY	3.0	1.0–2.0	976	$2,888	$2.96	0d	45	1.21mi
40 Memorial Hwy New Rochelle, NY	3.0	1.0–2.0	917	$2,823	$3.08	34d	37	1.21mi
36 4th St Unit One New Rochelle, NY	2.0	1.0	900	$2,900	$3.22	100d	1	1.23mi
46 Locust Ave Unit 2 New Rochelle, NY	2.0	1.0	750	$2,950	$3.93	114d	1	1.25mi

Listing history 50 events

1. 2026-09-20
   days on market $212,000 Active 270 DOM
2. 2026-09-19
   days on market $212,000 Active 269 DOM
3. 2026-09-18
   days on market $212,000 Active 268 DOM
4. 2026-09-17
   days on market $212,000 Active 267 DOM
5. 2026-09-16
   days on market $212,000 Active 266 DOM
6. 2026-09-15
   days on market $212,000 Active 265 DOM
7. 2026-09-14
   days on market $212,000 Active 264 DOM
8. 2026-09-13
   days on market $212,000 Active 263 DOM
9. 2026-09-12
   days on market $212,000 Active 262 DOM
10. 2026-09-11
    days on market $212,000 Active 261 DOM
11. 2026-09-05
    days on market $212,000 Active 255 DOM
12. 2026-09-04
    days on market $212,000 Active 254 DOM
13. 2026-09-02
    days on market $212,000 Active 252 DOM
14. 2026-08-31
    days on market $212,000 Active 250 DOM
15. 2026-08-29
    days on market $212,000 Active 248 DOM
16. 2026-08-28
    days on market $212,000 Active 247 DOM
17. 2026-08-27
    days on market $212,000 Active 246 DOM
18. 2026-08-26
    days on market $212,000 Active 245 DOM
19. 2026-08-25
    days on market $212,000 Active 244 DOM
20. 2026-08-24
    days on market $212,000 Active 243 DOM
21. 2026-08-23
    days on market $212,000 Active 242 DOM
22. 2026-08-22
    days on market $212,000 Active 241 DOM
23. 2026-08-21
    days on market $212,000 Active 240 DOM
24. 2026-08-20
    days on market $212,000 Active 239 DOM
25. 2026-08-19
    days on market $212,000 Active 238 DOM
26. 2026-08-18
    days on market $212,000 Active 237 DOM
27. 2026-08-17
    days on market $212,000 Active 236 DOM
28. 2026-08-16
    days on market $212,000 Active 235 DOM
29. 2026-08-15
    days on market $212,000 Active 234 DOM
30. 2026-08-14
    days on market $212,000 Active 233 DOM
31. 2026-08-13
    days on market $212,000 Active 232 DOM
32. 2026-08-12
    days on market $212,000 Active 231 DOM
33. 2026-08-11
    days on market $212,000 Active 230 DOM
34. 2026-08-10
    days on market $212,000 Active 229 DOM
35. 2026-08-09
    days on market $212,000 Active 228 DOM
36. 2026-08-08
    days on market $212,000 Active 227 DOM
37. 2026-08-06
    days on market $212,000 Active 225 DOM
38. 2026-08-05
    days on market $212,000 Active 224 DOM
39. 2026-08-04
    days on market $212,000 Active 223 DOM
40. 2026-08-03
    days on market $212,000 Active 222 DOM
41. 2026-07-31
    days on market $212,000 Active 219 DOM
42. 2026-07-30
    days on market $212,000 Active 218 DOM
43. 2026-07-30
    days on market $212,000 Active 217 DOM
44. 2026-07-28
    days on market $212,000 Active 216 DOM
45. 2026-07-26
    days on market $212,000 Active 214 DOM
46. 2026-07-24
    days on market $212,000 Active 212 DOM
47. 2026-07-23
    days on market $212,000 Active 211 DOM
48. 2026-07-22
    days on market $212,000 Active 210 DOM
49. 2026-07-21
    days on market $212,000 Active 209 DOM
50. 2026-07-20
    days on market $212,000 Active 208 DOM

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

Climate risk First Street

• 🌊 Flood 9/10 Extreme FEMA zone X (shaded) · 99% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 6/10 Major 7 d/yr ≥98°F today · 15 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 5/10 Major 6 unhealthy d/yr today · 8 by 30 yrs out

Taxation est. · year 1

• Rental income: $29,298
• − Mortgage interest: −$11,875
• − Property taxes: −$3,180
• − Insurance: −$1,858
• − Repairs & maintenance: −$2,344
• − Management: −$2,344
• − Depreciation: −$6,167
• Taxable income: $1,530
• Est. tax owed @ 24.0%: −$367
• After-tax cash flow: $4,400/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.

Condition & rehab AI · 12 photos

Good 75/100 Cosmetic rehab Est. rehab $4,000–$12,000 screening

This well-maintained, top-floor condo in Whitewood Gardens offers a good starting point for a cosmetic renovation, with updates to the kitchen and bathroom likely to significantly enhance its value.

Repairs flagged

• Minor kitchen countertops — A fresh coat of paint or new countertops would enhance the kitchen's appearance.
• Minor bathroom fixtures — Updating the fixtures to a more modern style would improve the bathroom's appeal.
• Minor landscaping — A light pruning and mulching of the landscaping would enhance curb appeal and maintain the property's value.

Value-add opportunities

• Resale Painting the kitchen cabinets — Fresh paint can make a significant difference in the home's curb appeal and value. ↑
• Rental Updating bathroom fixtures — Modern fixtures can attract renters and improve the home's rental value. ↑
• Both Landscaping improvements — Enhanced landscaping can increase both resale and rental value by making the property more attractive. ↑

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

D Composite school gradezoned avg 59/100

Zoned Schools

Elementary Jefferson Elementary School F NY #1,361/2,108 Nat'l #17,861/41,679 Middle Isaac E Young Middle School B- NY #214/729 Nat'l #2,564/14,009 High New Rochelle High School A- NY #518/1,100 Nat'l #1,121/17,239

Schools (NCES district)

• District: New Rochelle City School District
• NCES district ID: 3620490
• Math proficiency: 63% ▲ 3.00%
• Reading proficiency: 66% ▲ 9.00%
• Median HH income: $69,165
• Composite: 56.63/100
• National rank: #1139
• State rank: #171 of 590 in NY

C Composite livability gradescore 69/100

Livability — New Rochelle

• Score: 69/100
• State rank: #487
• US rank: #8572

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: New Rochelle, NY
• County: Westchester County · 1,028,035 people
• City population: 63,657
• Metro: New York-Newark-Jersey City, NY-NJ-PA
• Population (ZIP): 20,903
• Household income: $102,109
• Rent vs Own: 53.9% rent · 46.1% own
• Severe rent burden: 16% of renters

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Population outlook (Westchester County) Hauer SSP2

• Today (2025): 1,028,035 people
• By 2030: 1,051,636 · +2.3%
• By 2040: 1,098,520 · +6.9%
• By 2050: 1,136,044 · +10.5%
• By 2075: 1,196,925 · +16.4%
• By 2100: 1,175,147 · +14.3%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.67)
• Race & ethnicity: Hispanic / Latino 39% White 38% Black 17% Two or more races 13% Asian 4%
• Hispanic origin (detail): Mexican 15% Puerto Rican 11% Dominican 2%
• Common ancestry: Romanian 2% Russian 1% Scotch-Irish 1%
• Foreign-born: 32% · Canada, Jamaica, South Korea
• Languages at home: 54% English-only · Spanish 32% Other Indo-European 7% German/W. Germanic 2%

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Political lean MEDSL · Westchester

• 2024 margin: Strong D (+26.3) · D 63.1% · R 36.9%
• 2008→2024 swing: -1.3pp toward R · 2008: 27.6pp · 2024: 26.3pp
• All cycles: 2024: D+26.3 2020: D+36.3 2016: D+32.8 2012: D+22.2 2008: D+27.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -1.48%
• Current HPI: 278.8511
• Rent YoY: —
• Metro: New York-Newark-Jersey City, NY-NJ-PA
• State GDP YoY: ▲ 2.60%
• F500 in state: 92

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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

-3.1% since first listed

2 events — show timeline

• 2026-02-04 Price Changed $218,000 OneKey® MLS as Distributed by MLS Grid
• 2025-12-02 Listed $225,000 OneKey® MLS as Distributed by MLS Grid