44 Scofield Rd · Scotts Corners, NY 10576

$1,599,000

4 bd · 2.5 ba · 3,399 sqft · SingleFamily public records · 43 Days on market

Built 1998 2.29 ac lot $470/sqft · 13% above area Est $1652k · at est.

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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 +24.5/30.0
• ARV discount +8.9/15.0
• DSCR +7.9/10.0
• Appreciation +6.9/10.0
• 1% rule +6.3/10.0
• Schools +5.3/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

A stunning young home. Shingle & Clapboard Colonial perfect for formal entertaining & casual family life. Hardwood floors, high ceilings, custom lighting, moldings & french doors. Main floor opens to Guest apartment with separate living room with fireplace, bedroom, bath and laundry. Master and three family bedrooms upstairs with laundry. Basement has finished storage. Stone pillars with carriage lamps on driveway. Sweeping lawns, stone walls and specimen trees.

Key facts

• 2.29 acre lot
• 2 garage spots
• Built 1998

Property features AI

Exterior

• Parking: Heated garage; 2-car garage; Has garage (no carport)
• Security: Security system
• Utilities: Electric service by NYSEG; Propane; Septic tank; Cable connected; Electricity connected; Water connected; Trash collection (private)
• Home design: Single family residence
• Construction: Clapboard siding; Full unfinished basement used for storage; Full attic with pull-down stairs
• Exterior features: Deck; Fire pit; Exterior lighting; Landscaped grounds; Private yard; Front yard; Back yard

Interior

• Kitchen: Granite counters; Kitchen island; Eat-in kitchen; Dishwasher; Gas range; Microwave; Refrigerator; Stainless steel appliances; Wine refrigerator; Water purifier (owned)
• Bedrooms: Bedroom on the first floor
• Flooring: Hardwood; Carpet; Ceramic tile
• Bathrooms: Three full bathrooms; One half bathroom; Double vanity in at least one bathroom; Primary bathroom
• Heating & cooling: Hot air heating; Central air conditioning
• Interior features: First-floor bedroom; First-floor full bath; Double vanity; Eat-in kitchen; Entrance foyer; Formal dining room; Granite counters; High ceilings; In-law floorplan; Kitchen island; Original details; Primary bathroom; Walk-in closet(s); Deck (patio/porch feature)
• Laundry & utility: Laundry room; Laundry in multiple locations; Washer; Dryer; Water softener (owned); Generator

What this means for you Summary

Snapshot

• This is a 4-bed/2.5-bath single-family listed at $1.60M.

Deal economics

• At list price, monthly cash flow is $3k ($39k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($18k rent vs $1.60M).
• Recommended offer: $1.55M (3.0% below list) — sets the bar for market timing.
• Cap rate 8.8% vs local median 2.6% in Scotts Corners — 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 63/100 on livability (#810 in NY) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing B+; Watch: amenities F, commute F, cost of living F.
• Bedford Central School District (rural): math 54% / reading 60% proficiency, ranked #211 of 590 in NY (top 36%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 10% free/reduced lunch — higher-income household profile.
• Zoned schools: Pound Ridge Elementary School (math 52% / reading 77%, grade B, #591 of 2,108 statewide, top 31%, 238 students, 10% FRL); Fox Lane Middle School (math 42% / reading 55%, grade C-, #300 of 729 statewide, top 41%, 765 students, 38% FRL); Fox Lane High School (math 97% / reading 82%, grade A+, #265 of 1,100 statewide, top 26%, 1,241 students, 36% FRL) — zoned schools average 28% FRL vs 10% district-wide (17 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 69 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 954 units permitted in Westchester County in 2024 (649 in 5+ unit buildings).

Forward outlook

• In year one you build about $72k of equity ($11k loan paydown + $61k appreciation (3.8% local appreciation)).
• Westchester County population projected at +10% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (3.8% appreciation + 3.0% rent growth), your $448k cash investment doubles in ~4 years — after that, you're playing with house money.
• By year 2, paydown + projected appreciation supports a ~$117k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 43 days — a 3% lower offer ($1.55M) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 25y 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 $896k; list at $1.60M implies a 78% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: moderate wind risk, 23% chance of damaging wind over 30y — expect insurance premiums to compound above CPI over the hold.

Recommended offer $1,551,030 (3.0% below list)

Questions for the listing agent

1. It's been on market 43 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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.
4. 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.
5. 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: 1.13% ✓
• Cap rate: 8.75%
• Cash-on-cash: 8.79%
• DSCR: 1.39
• GRM: 7.4

CMA / ARV

• ARV (median comp): $1,651,629
• List price: $1,599,000
• Delta: -3.19%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
119 Cross Pond Rd	0.43mi	4/3.5	3,186 (-6%)	11mo	$1,505,000	$472	57
48 Bishop Park Rd	0.66mi	4/3.5	3,399 (0%)	19mo	$2,150,000	$633	49

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

Projected returns pro-forma

3.84% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 17.7%
• Equity multiple: 2.06×
• Total profit: $473,648
• Equity at exit: $795,624

10-year hold

• IRR: 18.6%
• Equity multiple: 3.92×
• Total profit: $1,308,102
• Equity at exit: $1,289,410

Cash invested: $447,720 (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 10576

• Home prices YoY: 1.6%
• Active inventory: 69
• Price-to-rent: 7.4×

Monthly cashflow live

• Estimated rent: $18,000 medium
• Mortgage (P&I): −$8,385
• Tax from tax record: −$1,890 /mo · $22,686/yr
• Insurance: −$666
• HOA: −$0
• Vacancy / Maint / Mgmt: −$3,780
• Net cashflow: $3,278

Break-even live

Break-even rent $13,851

Max offer price $1,599,000

Occupancy floor 77%

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: $399,750
• Closing costs: $47,970
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
106 Old Stone Hill Rd Pound Ridge, NY	5.0	5.5	4534	$18,000	$3.97	2d	1	0.92mi

Listing history 36 events

1. 2026-06-18
   days on market $1,599,000 Active 43 DOM
2. 2026-06-17
   days on market $1,599,000 Active 42 DOM
3. 2026-06-16
   days on market $1,599,000 Active 41 DOM
4. 2026-06-15
   days on market $1,599,000 Active 40 DOM
5. 2026-06-13
   days on market $1,599,000 Active 38 DOM
6. 2026-06-13
   days on market $1,599,000 Active 37 DOM
7. 2026-06-10
   days on market $1,599,000 Active 35 DOM
8. 2026-06-09
   days on market $1,599,000 Active 34 DOM
9. 2026-06-08
   days on market $1,599,000 Active 33 DOM
10. 2026-06-07
    days on market $1,599,000 Active 32 DOM
11. 2026-06-05
    days on market $1,599,000 Active 29 DOM
12. 2026-06-03
    days on market $1,599,000 Active 28 DOM
13. 2026-06-03
    days on market $1,599,000 Active 27 DOM
14. 2026-06-01
    days on market $1,599,000 Active 26 DOM
15. 2026-05-31
    days on market $1,599,000 Active 25 DOM
16. 2026-04-29
    historical
17. 2026-04-23
    listed $1,599,000 Active 1547-char remark
18. 2026-03-19
    listed $1,700,000 Active
19. 2026-03-12
    historical
20. 2014-03-15
    price $896,000

    Show marketing remark (484 chars)

    A stunning young home. Shingle & Clapboard Colonial perfect for formal entertaining & casual family life. Hardwood floors, high ceilings, custom lighting, moldings & french doors. Main floor opens to Guest apartment with separate living room with fireplace, bedroom, bath and laundry. Master and three family bedrooms upstairs with laundry. Basement has finished storage. Stone pillars with carriage lamps on driveway. Sweeping lawns, stone walls and specimen trees.

21. 2012-10-26
    soldstatus $896,000
22. 2012-10-19
    soldstatus $896,000 Sold

    Show marketing remark (484 chars)

    A stunning young home. Shingle & Clapboard Colonial perfect for formal entertaining & casual family life. Hardwood floors, high ceilings, custom lighting, moldings & french doors. Main floor opens to Guest apartment with separate living room with fireplace, bedroom, bath and laundry. Master and three family bedrooms upstairs with laundry. Basement has finished storage. Stone pillars with carriage lamps on driveway. Sweeping lawns, stone walls and specimen trees.

23. 2012-10-19
    soldstatus $896,000

    Show marketing remark (484 chars)

    A stunning young home. Shingle & Clapboard Colonial perfect for formal entertaining & casual family life. Hardwood floors, high ceilings, custom lighting, moldings & french doors. Main floor opens to Guest apartment with separate living room with fireplace, bedroom, bath and laundry. Master and three family bedrooms upstairs with laundry. Basement has finished storage. Stone pillars with carriage lamps on driveway. Sweeping lawns, stone walls and specimen trees.

24. 2012-10-10
    historical

    Show marketing remark (484 chars)

    A stunning young home. Shingle & Clapboard Colonial perfect for formal entertaining & casual family life. Hardwood floors, high ceilings, custom lighting, moldings & french doors. Main floor opens to Guest apartment with separate living room with fireplace, bedroom, bath and laundry. Master and three family bedrooms upstairs with laundry. Basement has finished storage. Stone pillars with carriage lamps on driveway. Sweeping lawns, stone walls and specimen trees.

25. 2012-09-21
    historical Pending

    Show marketing remark (484 chars)

    A stunning young home. Shingle & Clapboard Colonial perfect for formal entertaining & casual family life. Hardwood floors, high ceilings, custom lighting, moldings & french doors. Main floor opens to Guest apartment with separate living room with fireplace, bedroom, bath and laundry. Master and three family bedrooms upstairs with laundry. Basement has finished storage. Stone pillars with carriage lamps on driveway. Sweeping lawns, stone walls and specimen trees.

26. 2012-09-21
    price $999,000

    Show marketing remark (484 chars)

    A stunning young home. Shingle & Clapboard Colonial perfect for formal entertaining & casual family life. Hardwood floors, high ceilings, custom lighting, moldings & french doors. Main floor opens to Guest apartment with separate living room with fireplace, bedroom, bath and laundry. Master and three family bedrooms upstairs with laundry. Basement has finished storage. Stone pillars with carriage lamps on driveway. Sweeping lawns, stone walls and specimen trees.

27. 2012-05-22
    price $999,000

    Show marketing remark (484 chars)

    A stunning young home. Shingle & Clapboard Colonial perfect for formal entertaining & casual family life. Hardwood floors, high ceilings, custom lighting, moldings & french doors. Main floor opens to Guest apartment with separate living room with fireplace, bedroom, bath and laundry. Master and three family bedrooms upstairs with laundry. Basement has finished storage. Stone pillars with carriage lamps on driveway. Sweeping lawns, stone walls and specimen trees.

28. 2012-04-05
    listed $1,050,000 Active

    Show marketing remark (484 chars)

    A stunning young home. Shingle & Clapboard Colonial perfect for formal entertaining & casual family life. Hardwood floors, high ceilings, custom lighting, moldings & french doors. Main floor opens to Guest apartment with separate living room with fireplace, bedroom, bath and laundry. Master and three family bedrooms upstairs with laundry. Basement has finished storage. Stone pillars with carriage lamps on driveway. Sweeping lawns, stone walls and specimen trees.

29. 2012-04-05
    listed $999,000

    Show marketing remark (484 chars)

    A stunning young home. Shingle & Clapboard Colonial perfect for formal entertaining & casual family life. Hardwood floors, high ceilings, custom lighting, moldings & french doors. Main floor opens to Guest apartment with separate living room with fireplace, bedroom, bath and laundry. Master and three family bedrooms upstairs with laundry. Basement has finished storage. Stone pillars with carriage lamps on driveway. Sweeping lawns, stone walls and specimen trees.

30. 2010-12-21
    historical
31. 2010-07-19
    listed Active
32. 2002-08-28
    soldstatus $959,000
33. 2002-06-24
    soldstatus $959,000
34. 2002-03-18
    historical
35. 2001-11-07
    listed $959,000
36. 1984-01-08
    soldstatus $163,000

ⓘ 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: $22,686 · $1,890/mo
• Projected year-2 tax: $24,854 · $2,071/mo
• Expected delta: +$2,169/yr (+$181/mo · 9.6%)

ⓘ 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 4/10 Moderate 7 d/yr ≥98°F today · 16 d/yr by 30 yrs out
• 💨 Wind 5/10 Major 23% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $216,000
• − Mortgage interest: −$89,569
• − Property taxes: −$22,686
• − Insurance: −$7,995
• − Repairs & maintenance: −$17,280
• − Management: −$17,280
• − Depreciation: −$46,516
• Taxable income: $14,674
• Est. tax owed @ 24.0%: −$3,522
• After-tax cash flow: $35,814/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: Bedford Central School District
• NCES district ID: 3619950
• Math proficiency: 54% ▼ -9.00%
• Reading proficiency: 60% ▬ 0.00%
• Median HH income: $98,055
• Composite: 53.17/100
• National rank: #1508
• State rank: #211 of 590 in NY

Livability — Scotts Corners

• Score: 63/100
• State rank: #810
• US rank: #15702

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 4,904

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%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (90%)
• Race & ethnicity: White 90% Hispanic / Latino 4% Two or more races 3% Asian 2% Black 1%
• Common ancestry: Romanian 6% Scotch-Irish 4% Italian 3%
• Foreign-born: 10% · Canada, China, Jamaica
• Languages at home: 88% English-only · Other Indo-European 5% Spanish 3% French/Haitian/Cajun 2%

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: ▲ 3.84%
• Current HPI: 239.5803
• 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

+881.0% since first listed

21 events — show timeline

• 2026-04-29 Listing Removed — OneKey® MLS as Distributed by MLS Grid
• 2026-04-23 Listed $1,599,000 OneKey® MLS as Distributed by MLS Grid
• 2026-03-19 Listed $1,700,000 OneKey® MLS as Distributed by MLS Grid
• 2026-03-12 Coming Soon — OneKey® MLS as Distributed by MLS Grid
• 2014-03-15 Price Changed $896,000 HGMLS
• 2012-10-26 Sold (Public Records) $896,000 Public Records
• 2012-10-19 Sold (MLS) $896,000 OneKey® MLS as Distributed by MLS Grid
• 2012-10-19 Sold (MLS) $896,000 HGMLS
• 2012-10-10 Delisted — HGMLS
• 2012-09-21 Contingent — HGMLS
• 2012-09-21 Price Changed $999,000 HGMLS
• 2012-05-22 Price Changed $999,000 HGMLS
• 2012-04-05 Listed $1,050,000 HGMLS
• 2012-04-05 Listed $999,000 OneKey® MLS as Distributed by MLS Grid
• 2010-12-21 Delisted — HGMLS
• 2010-07-19 Listed — HGMLS
• 2002-08-28 Sold (Public Records) $959,000 Public Records
• 2002-06-24 Sold (MLS) $959,000 HGMLS
• 2002-03-18 Delisted — HGMLS
• 2001-11-07 Listed $959,000 HGMLS
• 1984-01-08 Sold (Public Records) $163,000 Public Records

Property tax history

+2.8%/yr

Latest (2025): $22,686 · +8.3% YoY. Source: county tax records.