19 Sunset Dr · Norwich, NY 13815

$180,000

3 bd · 1.5 ba · 1,284 sqft · SingleFamily public records · 18 Days on market

Built 1960 8,276 sqft lot Est $121k · 49% over

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Why this score? — see what drove the F 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).

• Appreciation +10.0/10.0
• Cash flow +7.1/30.0
• Schools +3.6/10.0
• Livability +3.5/5.0
• 1% rule +3.1/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• DSCR +1.2/10.0
• ARV discount +0.0/15.0

Listing remarks MLS

Endless Potential on Sunset Drive! Bring your final vision and finishing touches to this charming 3-bedroom, 2-bathroom ranch in a desirable Norwich neighborhood. Boasting a classic, easy-living floor plan, this home offers the perfect canvas to build quick equity. Big-ticket updates are already done for you, including a brand-new furnace and brand-new appliances! With just a little TLC, fresh paint, and your choice of finishes, this property can easily be transformed into your absolute dream home. Enjoy single-story living, a lovely yard, and close proximity to local shopping, dining, and amenities. Opportunity is knocking—schedule your tour today!

Key facts

• Brand new appliances
• Charming ranch
• Brand new furnace

Tags

• CHARMING RANCH
• BRAND NEW FURNACE
• BRAND NEW APPLIANCES
• SINGLE STORY LIVING
• LOVELY YARD
• CLOSE PROXIMITY TO DINING

Property features AI

Exterior

• Parking: Attached garage with 1 parking space
• Utilities: Public water connected; Sewer connected
• Home design: Single-story home; Resale property; Shingle roof; Vinyl siding; Entry faces city street
• Construction: Vinyl siding construction; Shingle roof; Full basement
• Exterior features: Concrete driveway; Open porch; Deck

Interior

• Kitchen: Refrigerator; Oven; Free-standing range; Dishwasher; Gas water heater
• Bedrooms: One main-level bedroom
• Flooring: Hardwood floors; Tile; Varied flooring
• Bathrooms: Two full bathrooms; One full bathroom on the main level
• Heating & cooling: Gas forced-air heating
• Interior features: Eat-in kitchen; Combined living and dining area; Primary bedroom with private bath; Full basement
• Laundry & utility: Dryer

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $180k.

Deal economics

• At list price, monthly cash flow is $-260 ($-3k/yr) — negative.
• To cash-flow at today's rent, offer at most $134k (25.5% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $145k (19.4% below list).
• Recommended offer: $134k (25.5% below list) — sets the bar for cash-flow.

Location & tenants

• Location reads 70/100 on livability (#447 in NY) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime D, amenities F, commute F.
• Norwich City School District (town): math 42% / reading 43% proficiency, ranked #498 of 590 in NY (top 84%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 84 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 151 units permitted in Chenango County in 2024 (96 in 5+ unit buildings).

Forward outlook

• In year one you build about $19k of equity ($1k loan paydown + $18k appreciation (10.0% local appreciation)).
• Chenango County population projected at -26% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• By year 2, paydown + projected appreciation supports a ~$31k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 18 days — a 2% lower offer ($177k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 15y 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 $150k; 20% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: property tax is 2.6% of price.

Recommended offer $134,141 (25.5% 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. Built in 1960 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
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: 0.81% ✗
• Cap rate: 4.56%
• Cash-on-cash: -6.18%
• DSCR: 0.72
• GRM: 10.3

CMA / ARV

• ARV (on-the-fly): $120,696
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
19 Sunset Dr	0.00mi	3/2.0	1,284 (0%)	17mo	$150,000	$117	84
7 Sunset Dr	0.08mi	4/1.5 (+1)	1,260 (-2%)	18mo	$157,000	$125	73
36 Plymouth St	0.62mi	3/1.5	1,340 (+4%)	3mo	$115,000	$86	61
93 Plymouth St	0.40mi	4/2.0 (+1)	1,326 (+3%)	10mo	$185,000	$140	61
8 Cole Dr	0.32mi	3/2.5	1,402 (+9%)	7mo	$240,000	$171	60
50 Pleasant St	0.51mi	3/1.0	1,251 (-3%)	15mo	$117,500	$94	58
13 Howard St	0.46mi	3/1.5	1,309 (+2%)	21mo	$123,000	$94	57
31 Waite St	0.56mi	3/2.0	1,256 (-2%)	19mo	$123,000	$98	53
22 King St	0.55mi	3/1.5	1,439 (+12%)	3mo	$110,000	$76	52
87 Canasawacta St	0.51mi	3/1.5	1,444 (+12%)	7mo	$93,000	$64	50
9 King St	0.62mi	3/1.5	1,330 (+4%)	22mo	$79,900	$60	47
81 Silver St	0.59mi	2/1.5 (-1)	1,445 (+12%)	9mo	$100,000	$69	39

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: 19.9%
• Equity multiple: 2.62×
• Total profit: $81,620
• Equity at exit: $162,158

10-year hold

• IRR: 18.3%
• Equity multiple: 6.03×
• Total profit: $253,599
• Equity at exit: $349,700

Cash invested: $50,400 (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 13815

• Home prices YoY: 8.2%
• Active inventory: 84
• Price-to-rent: 10.3×

Monthly cashflow live

• Estimated rent: $1,450 medium
• Mortgage (P&I): −$944
• Tax from tax record: −$386 /mo · $4,634/yr
• Insurance: −$75
• HOA: −$0
• Vacancy / Maint / Mgmt: −$304
• Net cashflow: $-260

Break-even live

Break-even rent $1,779

Max offer price $134,141

Occupancy floor —

Sensitivity live

Price	-10% $-158	-5% $-209	+0% $-260	+5% $-311	+10% $-361
Rent	-10% $-374	-5% $-317	+0% $-260	+5% $-202	+10% $-145
Rate	-1.0pp $-169	-0.5pp $-214	base $-260	+0.5pp $-306	+1.0pp $-354

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: $45,000
• Closing costs: $5,400
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
30 Midland Dr Norwich, NY	3.0	1.0–1.5	755	$1,450	$1.92	45d	1	1.28mi

Listing history 28 events

1. 2026-06-12
   days on market $180,000 Active 18 DOM
2. 2026-06-09
   days on market $180,000 Active 15 DOM
3. 2026-06-09
   listing id $180,000 Active 14 DOM
4. 2026-06-08
   days on market $180,000 Active 14 DOM
5. 2026-06-07
   days on market $180,000 Active 13 DOM
6. 2026-06-07
   days on market $180,000 Active 12 DOM
7. 2026-06-04
   days on market $180,000 Active 9 DOM
8. 2026-06-02
   days on market $180,000 Active 8 DOM
9. 2026-06-01
   days on market $180,000 Active 7 DOM
10. 2026-05-31
    days on market $180,000 Active 6 DOM
11. 2026-05-25
    listed $180,000 Active 663-char remark

    Show marketing remark (663 chars)

    Endless Potential on Sunset Drive! Bring your final vision and finishing touches to this charming 3-bedroom, 2-bathroom ranch in a desirable Norwich neighborhood. Boasting a classic, easy-living floor plan, this home offers the perfect canvas to build quick equity. Big-ticket updates are already done for you, including a brand-new furnace and brand-new appliances! With just a little TLC, fresh paint, and your choice of finishes, this property can easily be transformed into your absolute dream home. Enjoy single-story living, a lovely yard, and close proximity to local shopping, dining, and amenities. Opportunity is knocking—schedule your tour today!

12. 2026-05-25
    listed $180,000 Active

    Show marketing remark (663 chars)

    Endless Potential on Sunset Drive! Bring your final vision and finishing touches to this charming 3-bedroom, 2-bathroom ranch in a desirable Norwich neighborhood. Boasting a classic, easy-living floor plan, this home offers the perfect canvas to build quick equity. Big-ticket updates are already done for you, including a brand-new furnace and brand-new appliances! With just a little TLC, fresh paint, and your choice of finishes, this property can easily be transformed into your absolute dream home. Enjoy single-story living, a lovely yard, and close proximity to local shopping, dining, and amenities. Opportunity is knocking—schedule your tour today!

13. 2025-01-22
    soldstatus $150,000 Closed 660-char remark

    Show marketing remark (660 chars)

    Multiple offers received. Best and final offers due by Monday 10/14 at 5pm. Welxome to this updated 3 bedroom, 2 full bathroom Ranch style home in Norwich, NY. The entire home has been painted and the main bathroom has been updated with a new bathtub, vanity and mirror. The kitchen is spacious and has a pantry. The formal dining room connects to the family room which gives you lots of space to hosts guests together in one spot. The primary bedroom has a full bathroom. Doors off the kitchen lead to a large deck overlooking the back yard. If you're looking for one story living close to shopping and dining then take a look at 19 Sunset Drive, Norwich, NY.

14. 2024-10-16
    status Pending 660-char remark

    Show marketing remark (660 chars)

    Multiple offers received. Best and final offers due by Monday 10/14 at 5pm. Welxome to this updated 3 bedroom, 2 full bathroom Ranch style home in Norwich, NY. The entire home has been painted and the main bathroom has been updated with a new bathtub, vanity and mirror. The kitchen is spacious and has a pantry. The formal dining room connects to the family room which gives you lots of space to hosts guests together in one spot. The primary bedroom has a full bathroom. Doors off the kitchen lead to a large deck overlooking the back yard. If you're looking for one story living close to shopping and dining then take a look at 19 Sunset Drive, Norwich, NY.

15. 2024-10-08
    price $149,900 660-char remark

    Show marketing remark (660 chars)

    Multiple offers received. Best and final offers due by Monday 10/14 at 5pm. Welxome to this updated 3 bedroom, 2 full bathroom Ranch style home in Norwich, NY. The entire home has been painted and the main bathroom has been updated with a new bathtub, vanity and mirror. The kitchen is spacious and has a pantry. The formal dining room connects to the family room which gives you lots of space to hosts guests together in one spot. The primary bedroom has a full bathroom. Doors off the kitchen lead to a large deck overlooking the back yard. If you're looking for one story living close to shopping and dining then take a look at 19 Sunset Drive, Norwich, NY.

16. 2024-10-01
    price $159,900 660-char remark

    Show marketing remark (660 chars)

    Multiple offers received. Best and final offers due by Monday 10/14 at 5pm. Welxome to this updated 3 bedroom, 2 full bathroom Ranch style home in Norwich, NY. The entire home has been painted and the main bathroom has been updated with a new bathtub, vanity and mirror. The kitchen is spacious and has a pantry. The formal dining room connects to the family room which gives you lots of space to hosts guests together in one spot. The primary bedroom has a full bathroom. Doors off the kitchen lead to a large deck overlooking the back yard. If you're looking for one story living close to shopping and dining then take a look at 19 Sunset Drive, Norwich, NY.

17. 2024-09-16
    status Active 660-char remark

    Show marketing remark (660 chars)

    Multiple offers received. Best and final offers due by Monday 10/14 at 5pm. Welxome to this updated 3 bedroom, 2 full bathroom Ranch style home in Norwich, NY. The entire home has been painted and the main bathroom has been updated with a new bathtub, vanity and mirror. The kitchen is spacious and has a pantry. The formal dining room connects to the family room which gives you lots of space to hosts guests together in one spot. The primary bedroom has a full bathroom. Doors off the kitchen lead to a large deck overlooking the back yard. If you're looking for one story living close to shopping and dining then take a look at 19 Sunset Drive, Norwich, NY.

18. 2024-09-13
    historical Active Under Contract 660-char remark

    Show marketing remark (660 chars)

    Multiple offers received. Best and final offers due by Monday 10/14 at 5pm. Welxome to this updated 3 bedroom, 2 full bathroom Ranch style home in Norwich, NY. The entire home has been painted and the main bathroom has been updated with a new bathtub, vanity and mirror. The kitchen is spacious and has a pantry. The formal dining room connects to the family room which gives you lots of space to hosts guests together in one spot. The primary bedroom has a full bathroom. Doors off the kitchen lead to a large deck overlooking the back yard. If you're looking for one story living close to shopping and dining then take a look at 19 Sunset Drive, Norwich, NY.

19. 2024-08-20
    listed $169,900 Active 660-char remark

    Show marketing remark (660 chars)

    Multiple offers received. Best and final offers due by Monday 10/14 at 5pm. Welxome to this updated 3 bedroom, 2 full bathroom Ranch style home in Norwich, NY. The entire home has been painted and the main bathroom has been updated with a new bathtub, vanity and mirror. The kitchen is spacious and has a pantry. The formal dining room connects to the family room which gives you lots of space to hosts guests together in one spot. The primary bedroom has a full bathroom. Doors off the kitchen lead to a large deck overlooking the back yard. If you're looking for one story living close to shopping and dining then take a look at 19 Sunset Drive, Norwich, NY.

20. 2013-07-12
    soldstatus $105,000
21. 2013-07-12
    soldstatus $105,000
22. 2013-05-24
    listed $117,500
23. 2012-03-26
    historical
24. 2012-01-31
    listed $117,500
25. 2012-01-09
    soldstatus $100,000
26. 2011-03-28
    listed $105,900
27. 2003-09-15
    soldstatus $77,500
28. 1995-01-30
    soldstatus $57,000

ⓘ 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: $4,634 · $386/mo
• Projected year-2 tax: $4,634 · $386/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 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥94°F today · 17 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,400
• − Mortgage interest: −$10,083
• − Property taxes: −$4,634
• − Insurance: −$900
• − Repairs & maintenance: −$1,392
• − Management: −$1,392
• − Depreciation: −$5,236
• Taxable loss: −$6,237
• Est. tax savings @ 24.0%: +$1,497
• After-tax cash flow: $-1,618/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: Norwich City School District
• NCES district ID: 3621330
• Math proficiency: 42% ▼ -13.00%
• Reading proficiency: 43% ▲ 1.00%
• Median HH income: $40,687
• Composite: 35.68/100
• National rank: #4874
• State rank: #498 of 590 in NY

Livability — Norwich

• Score: 70/100
• State rank: #447
• US rank: #7857

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Norwich, NY
• City population: 12,855
• Population (ZIP): 12,855

Population outlook (Chenango County) Hauer SSP2

• Today (2025): 45,669 people
• By 2030: 43,484 · -4.8%
• By 2040: 38,774 · -15.1%
• By 2050: 34,000 · -25.6%
• By 2075: 24,637 · -46.1%
• By 2100: 16,452 · -64.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (90%)
• Race & ethnicity: White 90% Hispanic / Latino 5% Two or more races 4%
• Common ancestry: Lithuanian 3% Slovak 2% Iranian 2%
• Foreign-born: 4% · Canada
• Languages at home: 95% English-only · Spanish 3% German/W. Germanic 0%

Political lean MEDSL · Chenango

• 2024 margin: Strong R (+27.2) · D 36.4% · R 63.6%
• 2008→2024 swing: -26.1pp toward R · 2008: -1.1pp · 2024: -27.2pp
• All cycles: 2024: R+27.2 2020: R+23.3 2016: R+28.1 2012: R+3.4 2008: R+1.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 21.23%
• Current HPI: 280.463
• 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

+215.8% since first listed

18 events — show timeline

• 2026-05-25 Listed $180,000 GBAOR
• 2026-05-25 Listed $180,000 UNYREIS
• 2025-01-22 Sold (MLS) $150,000 CNYIS
• 2024-10-16 Pending — CNYIS
• 2024-10-08 Price Changed $149,900 CNYIS
• 2024-10-01 Price Changed $159,900 CNYIS
• 2024-09-16 Relisted — CNYIS
• 2024-09-13 Contingent — CNYIS
• 2024-08-20 Listed $169,900 CNYIS
• 2013-07-12 Sold (Public Records) $105,000 Public Records
• 2013-07-12 Sold (MLS) $105,000 UNYREIS
• 2013-05-24 Listed $117,500 UNYREIS
• 2012-03-26 Listing Removed — UNYREIS
• 2012-01-31 Listed $117,500 UNYREIS
• 2012-01-09 Sold (Public Records) $100,000 Public Records
• 2011-03-28 Listed $105,900 UNYREIS
• 2003-09-15 Sold (Public Records) $77,500 Public Records
• 1995-01-30 Sold (Public Records) $57,000 Public Records

Property tax history

+1.5%/yr

Latest (2025): $4,634 · +1.4% YoY. Source: county tax records.