90 Foxberry Dr Unit A · University at Buffalo, NY 14068

$157,900

2 bd · 1.0 ba · 810 sqft · Condo public records · 77 Days on market

Built 1975 $230/mo HOA · 13% of rent ↓ 9% since listing

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Why this score? — see what drove the C- 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 +17.7/30.0
• ARV discount +7.5/15.0
• 1% rule +6.5/10.0
• Schools +6.3/10.0
• DSCR +5.5/10.0
• Livability +4.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Highly desired 1st floor Foxberry Condominium. 810 sq ft- open concept with newer vinyl flooring and newer appliances. Easy-access step-in shower designed for convenience. New mansard roof (2025). Central Air. Heated Community Pool adjacent to the building for those hot summer months! LOW HOA and Taxes! Top-rated Williamsville School District! Close to all amenities and the 990. PET POLICY: 1 dog or 1 cat, no more than 30 lbs at full maturity. RENTAL POLICY: No rentals at this time. VRP seller will consider offers between $149900 and higher

Key facts

• First-floor condo
• Newer roof
• Ample closet space

Tags

• FIRST-FLOOR CONDO
• UPDATED VINYL FLOORING
• NEWER ROOF
• HEATED INGROUND COMMUNITY POOL
• AMPLE CLOSET SPACE
• WILLIAMSVILLE SCHOOL DISTRICT

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath condo listed at $158k.

Deal economics

• At list price, monthly cash flow is $127 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $158k).
• Recommended offer: $148k (6.0% below list) — sets the bar for market timing.
• Cap rate 7.3% vs local median 2.8% in University at Buffalo — 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 88/100 on livability (#9 in NY, #176 nationally) — a professional / high-income tenant draw. Strengths: schools A+, amenities A+, commute A+; Watch: cost of living D+, employment F.
• Williamsville Central School District (suburban): math 64% / reading 77% proficiency, ranked #114 of 590 in NY (top 19%) — strong family-tenant draw, lease renewals of 3-5y typical; only 10% free/reduced lunch — higher-income household profile.
• Market conditions: 34 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals leasing fast (median 3d on market — plan ~1-2 weeks tenant-placement turnaround); 1,244 units permitted in Erie County in 2024 (563 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.

Negotiation context

• It's been on market 77 days — a 6% lower offer ($148k) is reasonable based on typical stale-listing flexibility.
• 3 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.

Recommended offer $148,426 (6.0% below list)

Questions for the listing agent

1. It's been on market 77 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1975 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. Schools are A-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?
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 apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.15% ✓
• Cap rate: 7.26%
• Cash-on-cash: 3.44%
• DSCR: 1.15
• GRM: 7.3

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: -10.8%
• Equity multiple: 0.61×
• Total profit: $-17,345
• Equity at exit: $23,543

10-year hold

• IRR: -1.3%
• Equity multiple: 0.91×
• Total profit: $-4,050
• Equity at exit: $13,652

Cash invested: $44,212 (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 14068

• Home prices YoY: -16.3%
• Active inventory: 34
• Price-to-rent: 7.3×

Monthly cashflow live

• Estimated rent: $1,812 medium
• Mortgage (P&I): −$828
• Tax from tax record: −$181 /mo · $2,172/yr
• Insurance: −$66
• HOA: −$230
• Vacancy / Maint / Mgmt: −$381
• Net cashflow: $127

Break-even live

Break-even rent $1,652

Max offer price $157,900

Occupancy floor 88%

Sensitivity live

Price	-10% $216	-5% $172	+0% $127	+5% $82	+10% $38
Rent	-10% $-16	-5% $55	+0% $127	+5% $199	+10% $270
Rate	-1.0pp $206	-0.5pp $167	base $127	+0.5pp $86	+1.0pp $44

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: $39,475
• Closing costs: $4,737
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3253 Millersport Hwy Getzville, NY	2.0	2.0	1069	$1,995	$1.87	2d	26	0.88mi
2635 N Forest Rd Unit Type G Getzville, NY	1.0	1.0	705	$1,699	$2.41	3d	1	1.33mi
2250 N French Rd Getzville, NY	1.0–2.0	1.0	814	$1,700	$2.09	2d	1	1.35mi

HOA detail condo

• Monthly dues: $230 · $2,760/yr
• Likely covers: pool
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 11 events

1. 2026-04-15
   status Pending
2. 2026-03-05
   price $157,900
3. 2026-01-28
   listed $164,900 Active
4. 2025-08-19
   soldstatus $155,000
5. 2025-08-14
   soldstatus $155,000 Closed 546-char remark

   Show marketing remark (546 chars)

   Highly desired 1st floor Foxberry Condominium. 810 sq ft- open concept with newer vinyl flooring and newer appliances. Easy-access step-in shower designed for convenience. New mansard roof (2025). Central Air. Heated Community Pool adjacent to the building for those hot summer months! LOW HOA and Taxes! Top-rated Williamsville School District! Close to all amenities and the 990. PET POLICY: 1 dog or 1 cat, no more than 30 lbs at full maturity. RENTAL POLICY: No rentals at this time. VRP seller will consider offers between $149900 and higher

6. 2025-07-01
   status Pending 546-char remark

   Show marketing remark (546 chars)

   Highly desired 1st floor Foxberry Condominium. 810 sq ft- open concept with newer vinyl flooring and newer appliances. Easy-access step-in shower designed for convenience. New mansard roof (2025). Central Air. Heated Community Pool adjacent to the building for those hot summer months! LOW HOA and Taxes! Top-rated Williamsville School District! Close to all amenities and the 990. PET POLICY: 1 dog or 1 cat, no more than 30 lbs at full maturity. RENTAL POLICY: No rentals at this time. VRP seller will consider offers between $149900 and higher

7. 2025-06-28
   price $149,900 546-char remark

   Show marketing remark (546 chars)

   Highly desired 1st floor Foxberry Condominium. 810 sq ft- open concept with newer vinyl flooring and newer appliances. Easy-access step-in shower designed for convenience. New mansard roof (2025). Central Air. Heated Community Pool adjacent to the building for those hot summer months! LOW HOA and Taxes! Top-rated Williamsville School District! Close to all amenities and the 990. PET POLICY: 1 dog or 1 cat, no more than 30 lbs at full maturity. RENTAL POLICY: No rentals at this time. VRP seller will consider offers between $149900 and higher

8. 2025-05-30
   price $165,000 546-char remark

   Show marketing remark (546 chars)

   Highly desired 1st floor Foxberry Condominium. 810 sq ft- open concept with newer vinyl flooring and newer appliances. Easy-access step-in shower designed for convenience. New mansard roof (2025). Central Air. Heated Community Pool adjacent to the building for those hot summer months! LOW HOA and Taxes! Top-rated Williamsville School District! Close to all amenities and the 990. PET POLICY: 1 dog or 1 cat, no more than 30 lbs at full maturity. RENTAL POLICY: No rentals at this time. VRP seller will consider offers between $149900 and higher

9. 2025-05-16
   status Active 546-char remark

   Show marketing remark (546 chars)

   Highly desired 1st floor Foxberry Condominium. 810 sq ft- open concept with newer vinyl flooring and newer appliances. Easy-access step-in shower designed for convenience. New mansard roof (2025). Central Air. Heated Community Pool adjacent to the building for those hot summer months! LOW HOA and Taxes! Top-rated Williamsville School District! Close to all amenities and the 990. PET POLICY: 1 dog or 1 cat, no more than 30 lbs at full maturity. RENTAL POLICY: No rentals at this time. VRP seller will consider offers between $149900 and higher

10. 2025-05-15
    status Pending 546-char remark

    Show marketing remark (546 chars)

    Highly desired 1st floor Foxberry Condominium. 810 sq ft- open concept with newer vinyl flooring and newer appliances. Easy-access step-in shower designed for convenience. New mansard roof (2025). Central Air. Heated Community Pool adjacent to the building for those hot summer months! LOW HOA and Taxes! Top-rated Williamsville School District! Close to all amenities and the 990. PET POLICY: 1 dog or 1 cat, no more than 30 lbs at full maturity. RENTAL POLICY: No rentals at this time. VRP seller will consider offers between $149900 and higher

11. 2025-05-07
    listed $172,900 Active 546-char remark

    Show marketing remark (546 chars)

    Highly desired 1st floor Foxberry Condominium. 810 sq ft- open concept with newer vinyl flooring and newer appliances. Easy-access step-in shower designed for convenience. New mansard roof (2025). Central Air. Heated Community Pool adjacent to the building for those hot summer months! LOW HOA and Taxes! Top-rated Williamsville School District! Close to all amenities and the 990. PET POLICY: 1 dog or 1 cat, no more than 30 lbs at full maturity. RENTAL POLICY: No rentals at this time. VRP seller will consider offers between $149900 and higher

ⓘ 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: $2,172 · $181/mo
• Projected year-2 tax: $2,420 · $202/mo
• Expected delta: +$248/yr (+$21/mo · 11.4%)

ⓘ 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 (shaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 3/10 Moderate 7 d/yr ≥94°F today · 16 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,748
• − Mortgage interest: −$8,845
• − Property taxes: −$2,172
• − Insurance: −$790
• − Repairs & maintenance: −$1,740
• − Management: −$1,740
• − HOA: −$2,760
• − Depreciation: −$4,593
• Taxable loss: −$891
• Est. tax savings @ 24.0%: +$214
• After-tax cash flow: $1,737/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: Williamsville Central School District
• NCES district ID: 3631470
• Math proficiency: 64% ▼ -14.00%
• Reading proficiency: 77% ▲ 6.00%
• Median HH income: $79,907
• Composite: 62.59/100
• National rank: #678
• State rank: #114 of 590 in NY

Livability — University at Buffalo

• Score: 88/100
• State rank: #9
• US rank: #176

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• City population: 5,827
• Population (ZIP): 8,504

Population outlook (Erie County) Hauer SSP2

• Today (2025): 933,037 people
• By 2030: 935,181 · +0.2%
• By 2040: 928,531 · -0.5%
• By 2050: 905,725 · -2.9%
• By 2075: 834,037 · -10.6%
• By 2100: 708,033 · -24.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (81%)
• Race & ethnicity: White 81% Two or more races 9% Asian 6% Black 4% Hispanic / Latino 2%
• Common ancestry: Romanian 12% Scotch-Irish 3% Scandinavian 2%
• Foreign-born: 11% · China, Canada, South Korea
• Languages at home: 88% English-only · Other Indo-European 4% Chinese 3% Russian/Polish/Slavic 2%

Political lean MEDSL · Erie

• 2024 margin: Lean D (+9.7) · D 54.8% · R 45.2%
• 2008→2024 swing: -7.9pp toward R · 2008: 17.5pp · 2024: 9.7pp
• All cycles: 2024: D+9.7 2020: D+14.7 2016: D+4.8 2012: D+15.6 2008: D+17.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -61.31%
• Current HPI: 314.5567
• 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

-8.7% since first listed

11 events — show timeline

• 2026-04-15 Pending — WNYREIS
• 2026-03-05 Price Changed $157,900 WNYREIS
• 2026-01-28 Listed $164,900 WNYREIS
• 2025-08-19 Sold (Public Records) $155,000 Public Records
• 2025-08-14 Sold (MLS) $155,000 WNYREIS
• 2025-07-01 Pending — WNYREIS
• 2025-06-28 Price Changed $149,900 WNYREIS
• 2025-05-30 Price Changed $165,000 WNYREIS
• 2025-05-16 Relisted — WNYREIS
• 2025-05-15 Pending — WNYREIS
• 2025-05-07 Listed $172,900 WNYREIS

Property tax history

+12.6%/yr

Latest (2025): $2,172 · +1.8% YoY. Source: county tax records.