687 Bronx River Road Rd Unit 2A · Yonkers, NY 10704

$219,999

2 bd · 2.0 ba · 1,000 sqft · Condo · 47 Days on market

Built 1976 Good condition $220/sqft · at area comps Est $211k · at est. ↓ 12% since listing

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Why this score? — see what drove the D- 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).

• 1% rule +7.9/10.0
• Cash flow +6.4/30.0
• ARV discount +5.5/15.0
• Rent growth +5.0/5.0
• Schools +4.1/10.0
• Condition / age +3.8/5.0
• Livability +3.4/5.0
• DSCR +0.7/10.0
• Appreciation +0.0/10.0

Listing remarks

Wonderful views await You in this Two-Bedroom, Two-Bathroom cheery Apartment. The wraparound terrace is a charming place to relax and experience serenity and openness. Just a few steps away, an elevator provides easy access to the unit. This building offers premium amenities, including a live-in super, intercom system, parking space, and a spacious laundry room. Conveniently located near shops, restaurants, and transportation options.

Key facts

• Premium amenities
• Parking space
• Wraparound terrace

Tags

• WRAPAROUND TERRACE
• PREMIUM AMENITIES
• LIVE-IN SUPER
• INTERCOM SYSTEM
• PARKING SPACE
• SPACIOUS LAUNDRY ROOM

Property features AI

Finance

• Other: Living area was measured
• HOA & community: Has association; Association amenities include elevator(s), live-in superintendent, maintenance and grounds care, parking, and snow removal; Association fee is paid monthly; Association fee includes exterior maintenance, grounds care, heat, hot water, sewer, snow removal, trash, and water

Exterior

• Parking: Garage with automatic garage door opener (1 garage space); No carport
• Security: Fire alarm; Fire sprinkler system; Security gate; Smoke detector(s); Other security features
• Utilities: Public sewer; Electricity connected; Natural gas connected; Sewer connected; Trash collection (public); Water connected
• Home design: Stock cooperative; Second-floor entry
• Construction: Brick construction
• Exterior features: Balcony; Mailbox

Interior

• Kitchen: Dishwasher; Exhaust fan; Gas oven; Gas range; Microwave; Stainless steel appliances
• Bedrooms: Located on the 2nd floor
• Bathrooms: 2 full bathrooms
• Heating & cooling: Oil heating; Wall/window AC unit(s)
• Interior features: Elevator; Entrance foyer; Galley-style kitchen; Granite counters; Open floor plan; Walk-through kitchen; Walk-in closet(s); Terrace and wrap-around patio/porch

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $220k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-377 ($-5k/yr) — negative.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $220k).
• Recommended offer: $213k (3.0% below list) — sets the bar for market timing.
• Cap rate 4.2% vs local median 5.3% in Yonkers — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.

Location & tenants

• Location reads 68/100 on livability (#528 in NY) — a middle-class / working-renter tenant base. Strengths: employment A, commute B; Watch: amenities F, cost of living F.
• Yonkers City School District (suburban): math 41% / reading 54% proficiency, ranked #413 of 590 in NY (top 70%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 64% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Yonkers Early Childhood Academy (327 students, 72% FRL); Yonkers Middle School (math 17% / reading 37%, grade F, #587 of 729 statewide, top 81%, 601 students, 88% FRL); Yonkers High School (math 92% / reading 88%, grade A+, #238 of 1,100 statewide, top 23%, 1,060 students, 76% FRL) — zoned schools average 79% FRL vs 64% district-wide (15 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising fast (+21.0%/yr); 165 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 954 units permitted in Westchester County in 2024 (649 in 5+ unit buildings).
• This rent runs 32% of the median local income ($107k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• Westchester County population projected at +10% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 47 days — a 3% lower offer ($213k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 2y ago; this cycle's ask has dropped $30k (12%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: HOA is 39% of rent.
• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $213,399 (3.0% 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. It's been on market 47 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
3. Built in 1976 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. 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?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. 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?
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: 1.29% ✓
• Cap rate: 4.23%
• Cash-on-cash: -7.35%
• DSCR: 0.67
• GRM: 6.5

CMA / ARV

• ARV (median comp): $210,597
• List price: $219,999
• Delta: 4.46%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 8.0% rent growth · sell at horizon

5-year hold

• IRR: -18.9%
• Equity multiple: 0.29×
• Total profit: $-43,960
• Equity at exit: $32,803

10-year hold

• IRR: 0.3%
• Equity multiple: 1.03×
• Total profit: $2,006
• Equity at exit: $19,021

Cash invested: $61,600 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (CITY): 5 Strongly Tenant-Friendly
• State New York: 15 Strongly Tenant-Friendly · D+10
• County: — inherits STATE
• City Yonkers: 5 Strongly Tenant-Friendly · D+20

Westchester rent guidelines board.

Methodology + full state rankings →

ZIP-level market 10704

• Rents YoY: 21.0%
• Active inventory: 165
• Price-to-rent: 6.5×

Monthly cashflow live

• Estimated rent: $2,840 high
• Mortgage (P&I): −$1,154
• Tax est. 1.5%: −$275 /mo · $3,300/yr
• Insurance: −$92
• HOA est. from 1 same-building comp: −$1,101
• Vacancy / Maint / Mgmt: −$596
• Net cashflow: $-377

Break-even live

Break-even rent $3,318

Max offer price $165,378

Occupancy floor —

Sensitivity live

Price	-10% $-225	-5% $-301	+0% $-377	+5% $-453	+10% $-530
Rent	-10% $-602	-5% $-490	+0% $-377	+5% $-265	+10% $-153
Rate	-1.0pp $-267	-0.5pp $-322	base $-377	+0.5pp $-434	+1.0pp $-492

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: $55,000
• Closing costs: $6,600
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
671 Bronx River Rd Unit 3A Yonkers, NY	2.0	1.5	950	$3,000	$3.16	26d	1	0.02mi
200 Crescent Pl Unit 2nd fl Yonkers, NY	1.0	1.0	800	$2,300	$2.88	18d	1	0.06mi
645 N MacQuesten Pkwy Unit 3G Mt Vernon, NY	2.0	1.0	950	$3,195	$3.36	26d	1	0.35mi
86 Edgewood Ave Apt 2E Yonkers, NY	2.0	1.0	1000	$2,599	$2.60	20d	1	0.38mi
86 Edgewood Ave Unit 2W Yonkers, NY	2.0	1.0	1000	$2,699	$2.70	45d	1	0.38mi
80 W Grand St Mount Vernon, NY	1.0	1.0	850	$1,942	$2.28	26d	1	0.43mi
33 William St Mount Vernon, NY	1.0–2.0	1.0	725	$2,675	$3.69	23d	2	0.44mi
12 Putnam St Mount Vernon, NY	2.0	1.0	950	$2,600	$2.74	26d	1	0.45mi
669 N Terrace Ave Mount Vernon, NY	1.0	1.0	750	$2,031	$2.71	26d	1	0.46mi
230 N 7th Ave Unit 2 Mt Vernon, NY	1.0	1.0	950	$2,300	$2.42	11d	1	0.54mi
42 Broad St W Mount Vernon, NY	3.0	1.0–2.0	955	$3,199	$3.35	3d	16	0.54mi
42 Broad St W Mount Vernon, NY	3.0	1.0–2.0	1014	$5,080	$5.01	25d	15	0.54mi
6 Belden Ave Unit 1 Yonkers, NY	3.0	2.0	1450	$3,500	$2.41	26d	1	0.55mi
103 North St Mount Vernon, NY	1.0	1.0	720	$1,900	$2.64	22d	1	0.56mi
495 Kimball Ave Unit First Floor Yonkers, NY	2.0	1.0	1100	$3,000	$2.73	45d	1	0.56mi
14 Elm St Unit 2 Mt Vernon, NY	2.0	1.0	1000	$2,800	$2.80	26d	1	0.58mi
142 Trenchard St Unit 2E Yonkers, NY	1.0	1.0	900	$2,250	$2.50	12d	1	0.70mi
20 Overhill Pl Unit 3 Yonkers, NY	2.0	1.0	800	$3,000	$3.75	45d	1	0.70mi
173 Crary Ave Mount Vernon, NY	3.0	2.0	1100	$3,100	$2.82	26d	1	0.74mi
32 N Bond St Mount Vernon, NY	1.0	1.0	850	$1,900	$2.24	8d	1	0.75mi
26 W Devonia Ave Unit 1 Mt Vernon, NY	3.0	1.5	1388	$4,200	$3.03	13d	1	0.75mi
18 N Bond St Unit 3D Mt Vernon, NY	1.0	1.0	750	$2,000	$2.67	26d	1	0.77mi
28 Tunis Ave Unit 2 Yonkers, NY	2.0	1.0	900	$3,000	$3.33	45d	1	0.78mi
2325 Cortlandt St Unit 4 Mt Vernon, NY	2.0	1.0	700	$2,300	$3.29	26d	1	1.03mi
255 Bronx River Rd Unit 4R Yonkers, NY	1.0	1.0	800	$2,250	$2.81	25d	1	1.04mi
14 Chamberlain Ave Unit 1 Yonkers, NY	2.0	2.0	1150	$4,200	$3.65	11d	1	1.10mi
148 Claremont Ave Mount Vernon, NY	2.0	1.0	960	$2,400	$2.50	20d	1	1.11mi
119 S 11th Ave Unit 1 Mt Vernon, NY	2.0	1.0	700	$2,800	$4.00	12d	1	1.12mi
119 S 13th Ave Mount Vernon, NY	2.0	1.0	800	$2,997	$3.75	14d	1	1.14mi
23 Alida St Unit 2s Yonkers, NY	2.0	1.0	1000	$2,900	$2.90	26d	1	1.18mi
36 Dunwoodie St Unit 1 Yonkers, NY	3.0	1.0	1300	$3,500	$2.69	45d	1	1.19mi
51 Parkway Rd Apt 3 Bronxville, NY	1.0	1.0	1100	$3,100	$2.82	26d	1	1.20mi
150 S 6th Ave Unit 2 Mt Vernon, NY	1.0	1.0	800	$2,500	$3.12	8d	1	1.21mi
150 S 6th Ave Unit 2 Mt Vernon, NY	1.0	1.0	800	$2,500	$3.12	19d	1	1.21mi
173 Washington St Unit 1 Mt Vernon, NY	3.0	2.0	1100	$3,000	$2.73	26d	1	1.25mi
173 Washington St Unit 2 Mt Vernon, NY	3.0	2.0	1500	$3,200	$2.13	2d	1	1.25mi
594 Yonkers Ave Unit 5 Yonkers, NY	2.0	1.0	900	$2,500	$2.78	26d	1	1.26mi
594 Yonkers Ave Unit 5 Yonkers, NY	2.0	1.0	900	$2,500	$2.78	45d	1	1.26mi
135 Wakefield Ave Yonkers, NY	2.0	1.0	850	$3,000	$3.53	45d	2	1.31mi
112 N Columbus Ave Unit 2 Mt Vernon, NY	2.0	2.0	900	$2,997	$3.33	20d	1	1.31mi

HOA detail condo

• Monthly dues: $0 · $0/yr
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 35 events

1. 2026-06-21
   days on market $219,999 Active 47 DOM
2. 2026-06-18
   days on market $219,999 Active 44 DOM
3. 2026-06-18
   price $219,999 Active 43 DOM
4. 2026-06-17
   days on market $239,999 Active 43 DOM
5. 2026-06-16
   days on market $239,999 Active 42 DOM
6. 2026-06-15
   days on market $239,999 Active 41 DOM
7. 2026-06-13
   days on market $239,999 Active 39 DOM
8. 2026-06-09
   days on market $239,999 Active 35 DOM
9. 2026-06-08
   days on market $239,999 Active 34 DOM
10. 2026-06-07
    days on market $239,999 Active 33 DOM
11. 2026-06-04
    pricedays on market $239,999 Active 30 DOM
12. 2026-06-03
    days on market $250,000 Active 29 DOM
13. 2026-06-02
    days on market $250,000 Active 28 DOM
14. 2026-06-01
    days on market $250,000 Active 27 DOM
15. 2026-05-31
    days on market $250,000 Active 26 DOM
16. 2026-05-01
    listed $250,000 Active 438-char remark
17. 2026-01-17
    status Pending
18. 2025-12-20
    historical
19. 2025-12-20
    historical
20. 2025-12-06
    status Active
21. 2025-10-23
    status Pending
22. 2025-09-10
    price $245,000
23. 2025-08-28
    price $260,000
24. 2025-08-23
    price $265,000
25. 2025-08-19
    price $270,000
26. 2025-08-05
    price $275,000
27. 2025-07-30
    price $284,000
28. 2025-07-25
    price $289,000
29. 2025-07-15
    price $294,000
30. 2025-06-19
    listed $299,000 Active
31. 2025-02-25
    status Active
32. 2024-11-01
    status Pending
33. 2024-09-25
    listed $250,000 Active
34. 2024-09-18
    historical
35. 2024-09-18
    listed $250,000 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 6/10 Major 7 d/yr ≥98°F today · 15 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 5/10 Major 6 unhealthy d/yr today · 8 by 30 yrs out

Taxation est. · year 1

• Rental income: $34,084
• − Mortgage interest: −$12,323
• − Property taxes: −$3,300
• − Insurance: −$1,100
• − Repairs & maintenance: −$2,727
• − Management: −$2,727
• − HOA: −$13,212
• − Depreciation: −$6,400
• Taxable loss: −$7,704
• Est. tax savings @ 24.0%: +$1,849
• After-tax cash flow: $-2,681/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.

Condition & rehab AI · 12 photos

Good 75/100 Cosmetic rehab

This two-bedroom, two-bathroom condo is in good condition with a good curb appeal. It's ready for a fresh coat of paint and some minor maintenance to enhance its resale and rental value.

Value-add opportunities

• Both Paint exterior — Enhances curb appeal and resale value
• Both Replace tile grout — Improves appearance and functionality

Renovation cost estimate screening

Value-add ROI direction

• Both Paint exterior — Enhances curb appeal and resale value ↑
• Both Replace tile grout — Improves appearance and functionality ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Yonkers City School District
• NCES district ID: 3631920
• Math proficiency: 41% ▼ -1.00%
• Reading proficiency: 54% ▲ 14.00%
• Median HH income: $58,042
• Composite: 41.43/100
• National rank: #3471
• State rank: #413 of 590 in NY

Livability — Yonkers

• Score: 68/100
• State rank: #528
• US rank: #9394

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Yonkers, NY
• County: Westchester County · 709,332 people
• City population: 212,407
• Metro: New York-Newark-Jersey City, NY-NJ-PA
• Population (ZIP): 31,921
• Household income: $106,786
• Rent vs Own: 39.1% rent · 60.9% own
• Severe rent burden: 1078.0

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: Diverse neighborhood (Simpson 0.64)
• Race & ethnicity: White 50% Hispanic / Latino 32% Two or more races 15% Black 7% Asian 5%
• Hispanic origin (detail): Mexican 1% Puerto Rican 11% Cuban 2% Dominican 9%
• Common ancestry: Romanian 2% Subsaharan African 2% Scotch-Irish 2%
• Foreign-born: 32% · Canada, Jamaica, China
• Languages at home: 54% English-only · Spanish 25% Other Indo-European 13% Russian/Polish/Slavic 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: ▼ -466.66%
• Current HPI: 293.4414
• Rent YoY: ▲ 21.03%
• Metro: New York-Newark-Jersey City, NY-NJ-PA
• 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

-12.0% since first listed

22 events — show timeline

• 2026-06-17 Price Changed $219,999 OneKey® MLS as Distributed by MLS Grid
• 2026-06-03 Price Changed $239,999 OneKey® MLS as Distributed by MLS Grid
• 2026-05-01 Listed $250,000 OneKey® MLS as Distributed by MLS Grid
• 2026-01-17 Pending — OneKey® MLS as Distributed by MLS Grid
• 2025-12-20 Listing Removed — OneKey® MLS as Distributed by MLS Grid
• 2025-12-20 Listing Removed — OneKey® MLS as Distributed by MLS Grid
• 2025-12-06 Relisted — OneKey® MLS as Distributed by MLS Grid
• 2025-10-23 Pending — OneKey® MLS as Distributed by MLS Grid
• 2025-09-10 Price Changed $245,000 OneKey® MLS as Distributed by MLS Grid
• 2025-08-28 Price Changed $260,000 OneKey® MLS as Distributed by MLS Grid
• 2025-08-23 Price Changed $265,000 OneKey® MLS as Distributed by MLS Grid
• 2025-08-19 Price Changed $270,000 OneKey® MLS as Distributed by MLS Grid
• 2025-08-05 Price Changed $275,000 OneKey® MLS as Distributed by MLS Grid
• 2025-07-30 Price Changed $284,000 OneKey® MLS as Distributed by MLS Grid
• 2025-07-25 Price Changed $289,000 OneKey® MLS as Distributed by MLS Grid
• 2025-07-15 Price Changed $294,000 OneKey® MLS as Distributed by MLS Grid
• 2025-06-19 Listed $299,000 OneKey® MLS as Distributed by MLS Grid
• 2025-02-25 Relisted — OneKey® MLS as Distributed by MLS Grid
• 2024-11-01 Pending — OneKey® MLS as Distributed by MLS Grid
• 2024-09-25 Listed $250,000 OneKey® MLS as Distributed by MLS Grid
• 2024-09-18 Coming Soon — OneKey® MLS as Distributed by MLS Grid
• 2024-09-18 Listed $250,000 OneKey® MLS as Distributed by MLS Grid