733 Eagle St · Utica, NY 13501

$209,900

6 bd · 2.0 ba · 2,260 sqft · MultiFamily public records · 123 Days on market

Built 1930 $93/sqft · 32% below area Est $307k · 32% under

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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 +19.9/30.0
• ARV discount +15.0/15.0
• Appreciation +10.0/10.0
• DSCR +6.3/10.0
• 1% rule +4.3/10.0
• Livability +4.0/5.0
• Schools +2.9/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 1 unit. estimate disagrees with records

Key facts

• 2 parking spots
• Built 1930
• Listed 122 days

What this means for you Summary

Snapshot

• This is a 6-bed/2.0-bath multifamily listed at $210k.

Deal economics

• At list price, monthly cash flow is $253 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $195k (7.1% below list).
• Recommended offer: $185k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 80/100 on livability (#104 in NY, #1,589 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, housing A+; Watch: employment D, schools D-, crime F.
• Utica City School District (urban): math 33% / reading 38% proficiency, ranked #562 of 590 in NY (top 95%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 71% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 143 active listings in the ZIP; 204 units permitted in Oneida County in 2024 (68 in 5+ unit buildings).
• This rent runs 45% of the median local income ($53k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $22k of equity ($1k loan paydown + $21k appreciation (10.0% local appreciation)).
• Oneida County population projected at -12% 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 $59k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 2, paydown + projected appreciation supports a ~$36k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 123 days — a 12% lower offer ($185k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 5y ago; this cycle's ask has dropped $13k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $130k; list at $210k implies a 61% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1930 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $184,712 (12.0% below list)

Questions for the listing agent

1. It's been on market 123 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 1930 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. Crime grade is F 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. 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 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: 0.93% ✗
• Cap rate: 7.74%
• Cash-on-cash: 5.16%
• DSCR: 1.23
• GRM: 9.0

CMA / ARV

• ARV (median comp): $307,011
• List price: $209,900
• Delta: -31.63%
• 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
914 Eagle St	0.17mi	6/2.0	2,400 (+6%)	5mo	$150,000	$63	78
911 South St	0.34mi	6/2.0	2,262 (+0%)	12mo	$150,000	$66	74
805 Eagle St	0.05mi	6/2.0	2,488 (+10%)	10mo	$145,000	$58	72
1154 Leeds St	0.04mi	5/3.0 (-1)	2,422 (+7%)	11mo	$228,000	$94	68
810 South St	0.28mi	6/2.0	2,452 (+8%)	8mo	$195,000	$80	66
1004 Rudolph Pl	0.33mi	6/2.0	2,112 (-6%)	10mo	$145,000	$69	66
1559 Taylor Ave	0.69mi	6/2.0	2,304 (+2%)	6mo	$200,000	$87	59
1418 Brinckerhoff Ave	0.59mi	6/2.0	2,406 (+6%)	9mo	$105,001	$44	54
1222 Mummery St	0.55mi	5/2.0 (-1)	2,401 (+6%)	6mo	$195,000	$81	54
1010 Morris St	0.42mi	5/2.0 (-1)	2,512 (+11%)	8mo	$280,000	$111	50
1547 Mohawk St	0.56mi	6/2.0	2,496 (+10%)	10mo	$250,000	$100	48
1534 Brinckerhoff Ave	0.67mi	5/2.0 (-1)	2,044 (-10%)	1mo	$158,000	$77	47

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: 28.0%
• Equity multiple: 3.22×
• Total profit: $130,355
• Equity at exit: $189,095

10-year hold

• IRR: 24.4%
• Equity multiple: 7.31×
• Total profit: $371,065
• Equity at exit: $407,790

Cash invested: $58,772 (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 13501

• Home prices YoY: 5.6%
• Active inventory: 143
• Price-to-rent: 9.0×

Monthly cashflow live

• Estimated rent: $1,950 medium
• Mortgage (P&I): −$1,101
• Tax from tax record: −$99 /mo · $1,188/yr
• Insurance: −$87
• HOA: −$0
• Vacancy / Maint / Mgmt: −$409
• Net cashflow: $253

Break-even live

Break-even rent $1,629

Max offer price $209,900

Occupancy floor 82%

Sensitivity live

Price	-10% $372	-5% $312	+0% $253	+5% $194	+10% $134
Rent	-10% $99	-5% $176	+0% $253	+5% $330	+10% $407
Rate	-1.0pp $359	-0.5pp $306	base $253	+0.5pp $199	+1.0pp $143

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: $52,475
• Closing costs: $6,297
• Reserves months: —
• Total cash needed: —

Listing history 27 events

1. 2026-06-19
   days on market $209,900 Active 123 DOM
2. 2026-06-18
   days on market $209,900 Active 122 DOM
3. 2026-06-17
   days on market $209,900 Active 121 DOM
4. 2026-06-16
   days on market $209,900 Active 120 DOM
5. 2026-06-15
   days on market $209,900 Active 119 DOM
6. 2026-06-14
   days on market $209,900 Active 117 DOM
7. 2026-06-13
   days on market $209,900 Active 116 DOM
8. 2026-06-10
   days on market $209,900 Active 114 DOM
9. 2026-06-09
   days on market $209,900 Active 113 DOM
10. 2026-06-08
    days on market $209,900 Active 112 DOM
11. 2026-06-07
    days on market $209,900 Active 111 DOM
12. 2026-06-03
    days on market $209,900 Active 107 DOM
13. 2026-06-02
    days on market $209,900 Active 106 DOM
14. 2026-06-01
    days on market $209,900 Active 105 DOM
15. 2026-05-31
    days on market $209,900 Active 104 DOM
16. 2026-05-30
    days on market $209,900 Active 103 DOM
17. 2026-04-27
    price $209,900
18. 2026-02-16
    listed $222,500 Active
19. 2021-11-09
    soldstatus $130,000 Closed Sale or Rented
20. 2021-10-14
    status Pending Sale
21. 2021-10-08
    listed $147,000 Active
22. 2021-08-05
    status Under Contract- Do Not Show
23. 2021-08-05
    historical
24. 2021-07-27
    listed $147,000 Active
25. 2021-07-24
    historical
26. 2021-06-28
    listed $149,900 Active
27. 2007-01-11
    soldstatus $40,000

ⓘ 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: $1,188 · $99/mo
• Projected year-2 tax: $2,368 · $197/mo
• Expected delta: +$1,180/yr (+$98/mo · 99.3%)

ⓘ 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 3/10 Moderate 7 d/yr ≥95°F today · 17 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% 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: $23,394
• − Mortgage interest: −$11,758
• − Property taxes: −$1,188
• − Insurance: −$1,050
• − Repairs & maintenance: −$1,872
• − Management: −$1,872
• − Depreciation: −$6,106
• Taxable loss: −$450
• Est. tax savings @ 24.0%: +$108
• After-tax cash flow: $3,143/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: Utica City School District
• NCES district ID: 3629370
• Math proficiency: 33% ▼ -7.00%
• Reading proficiency: 38% ▲ 2.00%
• Median HH income: $31,834
• Composite: 29.01/100
• National rank: #6613
• State rank: #562 of 590 in NY

Livability — Utica

• Score: 80/100
• State rank: #104
• US rank: #1589

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Utica, NY
• County: Oneida County · 89,710 people
• City population: 72,968
• Metro: Utica-Rome, NY
• Population (ZIP): 38,931
• Household income: $52,548
• Rent vs Own: 49.2% rent · 50.8% own
• Severe rent burden: 2251.0

Population outlook (Oneida County) Hauer SSP2

• Today (2025): 225,223 people
• By 2030: 220,384 · -2.1%
• By 2040: 209,071 · -7.2%
• By 2050: 197,920 · -12.1%
• By 2075: 175,541 · -22.1%
• By 2100: 148,491 · -34.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Highly diverse neighborhood (Simpson 0.70)
• Race & ethnicity: White 49% Two or more races 15% Hispanic / Latino 14% Black 14% Asian 14%
• Hispanic origin (detail): Puerto Rican 8% Dominican 4%
• Common ancestry: American 8% Romanian 3% Lithuanian 1%
• Foreign-born: 25% · Canada, Philippines, Vietnam
• Languages at home: 62% English-only · Other Asian/Pacific 11% Russian/Polish/Slavic 10% Spanish 9%

Political lean MEDSL · Oneida

• 2024 margin: Strong R (+21.3) · D 39.4% · R 60.6%
• 2008→2024 swing: -15.2pp toward R · 2008: -6.1pp · 2024: -21.3pp
• All cycles: 2024: R+21.3 2020: R+15.5 2016: R+21.1 2012: R+5.3 2008: R+6.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 20.28%
• Current HPI: 382.3726
• Rent YoY: —
• Metro: Utica-Rome, 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

+424.7% since first listed

11 events — show timeline

• 2026-04-27 Price Changed $209,900 CNYIS
• 2026-02-16 Listed $222,500 CNYIS
• 2021-11-09 Sold (MLS) $130,000 CNYIS
• 2021-10-14 Pending — CNYIS
• 2021-10-08 Listed $147,000 CNYIS
• 2021-08-05 Pending — CNYIS
• 2021-08-05 Listing Removed — CNYIS
• 2021-07-27 Listed $147,000 CNYIS
• 2021-07-24 Listing Removed — CNYIS
• 2021-06-28 Listed $149,900 CNYIS
• 2007-01-11 Sold (Public Records) $40,000 Public Records

Property tax history

-0.3%/yr

Latest (2025): $1,188 · -33.5% YoY. Source: county tax records.