219 Fuller Rd · Chenango Bridge, NY 13833

$87,900

2 bd · 1.0 ba · 748 sqft · SingleFamily public records · 8 Days on market

Built 1943 0.39 ac lot $118/sqft · 43% below area

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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 +28.2/30.0
• DSCR +10.0/10.0
• Appreciation +10.0/10.0
• 1% rule +8.6/10.0
• ARV discount +7.5/15.0
• Schools +4.5/10.0
• Livability +3.5/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Open Floor Plan. Needs some TLC. Room with stove was formerly a 2nd bedroom. Living Room addition and 200A breaker panel new in 2004. Square footage is Agent Measured. Country location, yet close to shopping, amenities. CV Schools. 2 car garage has electric. Being sold as-is. No FHA/VA.

Key facts

• Open floor plan
• Electric garage
• 200a breaker panel

Tags

• OPEN FLOOR PLAN
• LIVING ROOM ADDITION
• 200A BREAKER PANEL
• ELECTRIC GARAGE

Property features AI

Exterior

• Parking: Detached garage; 2-car garage
• Utilities: Well water; Septic tank; Cable available; High-speed internet available
• Home design: Single-story home
• Construction: Vinyl siding; Block foundation; Pillar/post/pier foundation; Existing construction
• Exterior features: Partial fencing; Fence; Gravel driveway; Leased propane tank; Agricultural lot; Corner lot; Rectangular lot

Interior

• Kitchen: Free-standing range; Gas range; Gas oven; Oven; Microwave; Refrigerator
• Bedrooms: 1 main-level bedroom
• Flooring: Hardwood; Vinyl; Varies
• Bathrooms: 1 full bathroom (main level)
• Heating & cooling: Has heating; Electric heating; Propane heating; Baseboard heat; Forced air
• Interior features: No stairs (accessible); Convertible bedroom; Bedroom on main level; See remarks
• Laundry & utility: Washer included; Main-level laundry

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $88k.

Deal economics

• At list price, monthly cash flow is $279 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $88k).
• Cap rate 10.1% vs local median 4.0% in Chenango Bridge — 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 (#505 in NY) — a middle-class / working-renter tenant base. Strengths: housing A+, crime A-, employment B+; Watch: schools D+, amenities F, commute F.
• Chenango Valley Central School District (suburban): math 47% / reading 57% proficiency, ranked #339 of 590 in NY (top 58%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 14 active listings in the ZIP; 340 units permitted in Broome County in 2024 (269 in 5+ unit buildings).

Forward outlook

• In year one you build about $9k of equity ($608 loan paydown + $9k appreciation (10.0% local appreciation)).
• Broome County population projected at -13% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (10.0% appreciation + 3.0% rent growth), your $25k cash investment doubles in ~2 years — after that, you're playing with house money.
• By year 4, paydown + projected appreciation supports a ~$33k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 8 days on market — expect competitive offers; lowballing is unlikely to land.
• 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 1943 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $87,900

Questions for the listing agent

1. Built in 1943 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. 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.
5. 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.
6. 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: 1.36% ✓
• Cap rate: 10.10%
• Cash-on-cash: 13.58%
• DSCR: 1.60
• GRM: 6.1

CMA / ARV

• ARV (median comp): $225,001
• List price: $87,900
• Delta: -60.93%
• Verdict: UNDERPRICED
• Comps: 1 within 2.0 mi

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 34.3%
• Equity multiple: 3.67×
• Total profit: $65,669
• Equity at exit: $79,187

10-year hold

• IRR: 29.6%
• Equity multiple: 8.29×
• Total profit: $179,541
• Equity at exit: $170,770

Cash invested: $24,612 (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 13833

• Home prices YoY: 15.7%
• Active inventory: 14
• Price-to-rent: 6.1×

Monthly cashflow live

• Estimated rent: $1,197 medium
• Mortgage (P&I): −$461
• Tax from tax record: −$169 /mo · $2,034/yr
• Insurance: −$37
• HOA: −$0
• Vacancy / Maint / Mgmt: −$251
• Net cashflow: $279

Break-even live

Break-even rent $844

Max offer price $87,900

Occupancy floor 72%

Sensitivity live

Price	-10% $328	-5% $303	+0% $279	+5% $254	+10% $229
Rent	-10% $184	-5% $231	+0% $279	+5% $326	+10% $373
Rate	-1.0pp $323	-0.5pp $301	base $279	+0.5pp $256	+1.0pp $233

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: $21,975
• Closing costs: $2,637
• Reserves months: —
• Total cash needed: —

Listing history 4 events

1. 2026-05-07
   status Pending 288-char remark

   Show marketing remark (288 chars)

   Open Floor Plan. Needs some TLC. Room with stove was formerly a 2nd bedroom. Living Room addition and 200A breaker panel new in 2004. Square footage is Agent Measured. Country location, yet close to shopping, amenities. CV Schools. 2 car garage has electric. Being sold as-is. No FHA/VA.

2. 2026-05-07
   status Pending 254-char remark

   Show marketing remark (288 chars)

   Open Floor Plan. Needs some TLC. Room with stove was formerly a 2nd bedroom. Living Room addition and 200A breaker panel new in 2004. Square footage is Agent Measured. Country location, yet close to shopping, amenities. CV Schools. 2 car garage has electric. Being sold as-is. No FHA/VA.

3. 2026-04-28
   listed $87,900 Active 288-char remark

   Show marketing remark (288 chars)

   Open Floor Plan. Needs some TLC. Room with stove was formerly a 2nd bedroom. Living Room addition and 200A breaker panel new in 2004. Square footage is Agent Measured. Country location, yet close to shopping, amenities. CV Schools. 2 car garage has electric. Being sold as-is. No FHA/VA.

4. 2026-04-28
   listed $87,900 Active 254-char remark

   Show marketing remark (288 chars)

   Open Floor Plan. Needs some TLC. Room with stove was formerly a 2nd bedroom. Living Room addition and 200A breaker panel new in 2004. Square footage is Agent Measured. Country location, yet close to shopping, amenities. CV Schools. 2 car garage has electric. Being sold as-is. No FHA/VA.

ⓘ 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: $2,034 · $169/mo
• Projected year-2 tax: $2,034 · $169/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 · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 2/10 Low 7 d/yr ≥92°F today · 16 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 2% 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: $14,364
• − Mortgage interest: −$4,924
• − Property taxes: −$2,034
• − Insurance: −$440
• − Repairs & maintenance: −$1,149
• − Management: −$1,149
• − Depreciation: −$2,557
• Taxable income: $2,112
• Est. tax owed @ 24.0%: −$507
• After-tax cash flow: $2,836/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: Chenango Valley Central School District
• NCES district ID: 3607290
• Math proficiency: 47% ▼ -11.00%
• Reading proficiency: 57% ▲ 4.00%
• Median HH income: $53,938
• Composite: 44.78/100
• National rank: #2745
• State rank: #339 of 590 in NY

Livability — Chenango Bridge

• Score: 69/100
• State rank: #505
• US rank: #8828

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 4,176

Population outlook (Broome County) Hauer SSP2

• Today (2025): 187,989 people
• By 2030: 183,066 · -2.6%
• By 2040: 172,228 · -8.4%
• By 2050: 163,161 · -13.2%
• By 2075: 153,641 · -18.3%
• By 2100: 140,851 · -25.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (94%)
• Race & ethnicity: White 94% Two or more races 4% Hispanic / Latino 1%
• Common ancestry: Romanian 4% Iranian 3% Lithuanian 2%
• Foreign-born: 1% · Canada

Political lean MEDSL · Broome

• 2024 margin: Toss-up / Even · D 50.2% · R 49.8%
• 2008→2024 swing: -7.6pp toward R · 2008: 8.0pp · 2024: 0.4pp
• All cycles: 2024: D+0.4 2020: D+3.5 2016: R+3.7 2012: D+4.6 2008: D+8.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 40.75%
• Current HPI: 300.1045
• 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

4 events — show timeline

• 2026-05-07 Pending — GBAOR
• 2026-05-07 Pending — WNYREIS
• 2026-04-28 Listed $87,900 WNYREIS
• 2026-04-28 Listed $87,900 GBAOR

Property tax history

+7.0%/yr

Latest (2025): $2,034 · -1.3% YoY. Source: county tax records.