11 Maltby St · Jamestown, NY 14701

$99,900

3 bd · 2.5 ba · 1,552 sqft · SingleFamily public records · 17 Days on market

Built 1900 5,000 sqft lot $64/sqft · 12% below area Est $114k · 12% under

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Why this score? — see what drove the C+ 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 +24.1/30.0
• ARV discount +12.9/15.0
• 1% rule +8.3/10.0
• DSCR +7.8/10.0
• Livability +3.5/5.0
• Schools +3.1/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Spacious remodeled home situated right on the edge of town. Exterior is vinyl sided with large back deck and detached garage. First floor offers a large living room, Updated kitchen, formal dining room, Half bath and first floor laundry! Second floor features hardwood floors 3 bedrooms with 2 full baths. This home is well worth taking a look at. priced under 100k!

Key facts

• Large double lot
• Off-street parking
• First-floor laundry

Tags

• PRIVATE EN SUITE FULL BATHROOM
• GENEROUSLY SIZED KITCHEN
• BRIGHT SPACIOUS LIVING ROOM
• FIRST-FLOOR LAUNDRY
• LARGE DOUBLE LOT
• OFF-STREET PARKING

Property features AI

Exterior

• Parking: No garage
• Utilities: Public water connected; Sewer connected
• Home design: 2-story residence; Existing (resale) property
• Construction: Vinyl siding
• Exterior features: Gravel driveway; Rectangular lot (approx. 100 x 100)

Interior

• Kitchen: Appliances negotiable
• Bedrooms: Total rooms: 9; Room types include laundry, living room, and other; Has basement (partial with walk-out access)
• Bathrooms: 2 full bathrooms; 1 half bathroom; 1 main-level bathroom
• Heating & cooling: Gas heating; Baseboard heating; Forced air heating; See remarks regarding heating/cooling
• Interior features: Separate/formal living room; Pull-down attic stairs; See remarks
• Laundry & utility: Main-level laundry; Gas water heater

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath single-family listed at $100k.

Deal economics

• At list price, monthly cash flow is $197 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $100k).
• Recommended offer: $98k (1.5% below list) — sets the bar for market timing.
• Cap rate 8.7% vs local median 16.6% in Jamestown — 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 69/100 on livability (#470 in NY) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: schools C-, amenities D, crime F.
• Jamestown City School District (town): math 33% / reading 42% proficiency, ranked #553 of 590 in NY (top 94%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 313 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 127 units permitted in Chautauqua County in 2024 (0 in 5+ unit buildings).
• This rent runs 32% of the median local income ($50k/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 $691 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Chautauqua County population projected at -22% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 17 days — a 2% lower offer ($98k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 4y ago; this cycle's ask has dropped $10k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: property tax is 3.4% of price; built in 1900 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $98,401 (1.5% below list)

Questions for the listing agent

1. Built in 1900 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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.
6. 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.
7. 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: 1.33% ✓
• Cap rate: 8.66%
• Cash-on-cash: 8.47%
• DSCR: 1.38
• GRM: 6.3

CMA / ARV

• ARV (median comp): $113,544
• List price: $99,900
• Delta: -12.02%
• 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
76 Pearl Ave	0.26mi	3/1.0	1,439 (-7%)	3mo	$101,999	$71	67
5 Kinney St	0.27mi	3/1.0	1,688 (+9%)	6mo	$84,500	$50	62
137 Midgley St	0.26mi	3/1.5	1,380 (-11%)	7mo	$154,900	$112	60
135 S Main St	0.74mi	3/1.0	1,580 (+2%)	1mo	$63,000	$40	55
24 Eagle St	0.42mi	3/1.0	1,392 (-10%)	2mo	$53,000	$38	55
27 Walnut St	0.59mi	3/2.5	1,464 (-6%)	9mo	$82,400	$56	55
14 Harris Ave	0.51mi	4/1.0 (+1)	1,644 (+6%)	0mo	$160,000	$97	55
117 Camp St	0.53mi	3/1.5	1,392 (-10%)	2mo	$115,000	$83	52
60 W Virginia Blvd	0.69mi	3/1.5	1,469 (-5%)	4mo	$145,000	$99	52
101 E Virginia Blvd	0.69mi	3/1.5	1,412 (-9%)	6mo	$191,250	$135	44
120 Harris Ave	0.70mi	3/2.0	1,334 (-14%)	1mo	$215,000	$161	41
22 Linwood Ave	0.70mi	3/2.0	1,337 (-14%)	3mo	$90,000	$67	40

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

Projected returns pro-forma

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

5-year hold

• IRR: -3.3%
• Equity multiple: 0.87×
• Total profit: $-3,499
• Equity at exit: $14,895

10-year hold

• IRR: 6.5%
• Equity multiple: 1.49×
• Total profit: $13,617
• Equity at exit: $8,638

Cash invested: $27,972 (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 14701

• Home prices YoY: -18.5%
• Active inventory: 313
• Price-to-rent: 6.3×

Monthly cashflow live

• Estimated rent: $1,324 medium
• Mortgage (P&I): −$524
• Tax from tax record: −$283 /mo · $3,399/yr
• Insurance: −$42
• HOA: −$0
• Vacancy / Maint / Mgmt: −$278
• Net cashflow: $197

Break-even live

Break-even rent $1,074

Max offer price $99,900

Occupancy floor 80%

Sensitivity live

Price	-10% $254	-5% $226	+0% $197	+5% $169	+10% $141
Rent	-10% $93	-5% $145	+0% $197	+5% $250	+10% $302
Rate	-1.0pp $248	-0.5pp $223	base $197	+0.5pp $171	+1.0pp $145

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: $24,975
• Closing costs: $2,997
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
148 Maple St Jamestown, NY	3.0	1.0	1424	$1,350	$0.95	44d	1	0.56mi

Listing history 14 events

1. 2026-05-10
   status Pending 924-char remark
2. 2026-05-06
   historical Active Under Contract 924-char remark
3. 2026-05-01
   price $99,900 924-char remark
4. 2026-04-23
   listed $109,900 Active 924-char remark
5. 2025-08-15
   historical
6. 2025-08-14
   historical
7. 2025-07-19
   historical Active Under Contract
8. 2025-07-14
   price $109,900
9. 2025-07-14
   price $110,000
10. 2025-06-30
    listed $112,000 Active
11. 2022-10-28
    soldstatus $99,900 Closed Sale or Rented

    Show marketing remark (366 chars)

    Spacious remodeled home situated right on the edge of town. Exterior is vinyl sided with large back deck and detached garage. First floor offers a large living room, Updated kitchen, formal dining room, Half bath and first floor laundry! Second floor features hardwood floors 3 bedrooms with 2 full baths. This home is well worth taking a look at. priced under 100k!

12. 2022-05-05
    status Pending Sale

    Show marketing remark (366 chars)

    Spacious remodeled home situated right on the edge of town. Exterior is vinyl sided with large back deck and detached garage. First floor offers a large living room, Updated kitchen, formal dining room, Half bath and first floor laundry! Second floor features hardwood floors 3 bedrooms with 2 full baths. This home is well worth taking a look at. priced under 100k!

13. 2022-05-02
    historical Continue to Show- Under Contract

    Show marketing remark (366 chars)

    Spacious remodeled home situated right on the edge of town. Exterior is vinyl sided with large back deck and detached garage. First floor offers a large living room, Updated kitchen, formal dining room, Half bath and first floor laundry! Second floor features hardwood floors 3 bedrooms with 2 full baths. This home is well worth taking a look at. priced under 100k!

14. 2022-04-18
    listed $99,900 Active

    Show marketing remark (366 chars)

    Spacious remodeled home situated right on the edge of town. Exterior is vinyl sided with large back deck and detached garage. First floor offers a large living room, Updated kitchen, formal dining room, Half bath and first floor laundry! Second floor features hardwood floors 3 bedrooms with 2 full baths. This home is well worth taking a look at. priced under 100k!

ⓘ 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: $3,399 · $283/mo
• Projected year-2 tax: $3,399 · $283/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 1/10 Low
• 🌡 Heat 1/10 Low 7 d/yr ≥91°F today · 16 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,891
• − Mortgage interest: −$5,596
• − Property taxes: −$3,399
• − Insurance: −$500
• − Repairs & maintenance: −$1,271
• − Management: −$1,271
• − Depreciation: −$2,906
• Taxable income: $948
• Est. tax owed @ 24.0%: −$227
• After-tax cash flow: $2,141/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: Jamestown City School District
• NCES district ID: 3615630
• Math proficiency: 33% ▼ -3.00%
• Reading proficiency: 42% ▲ 5.00%
• Median HH income: $32,240
• Composite: 30.69/100
• National rank: #6176
• State rank: #553 of 590 in NY

Livability — Jamestown

• Score: 69/100
• State rank: #470
• US rank: #8213

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Jamestown, NY
• County: Chautauqua County · 38,461 people
• City population: 38,461
• Metro: Jamestown-Dunkirk-Fredonia, NY
• Population (ZIP): 38,461
• Household income: $49,685
• Rent vs Own: 42.8% rent · 57.2% own
• Severe rent burden: 1838.0

Population outlook (Chautauqua County) Hauer SSP2

• Today (2025): 123,454 people
• By 2030: 118,509 · -4.0%
• By 2040: 107,311 · -13.1%
• By 2050: 96,703 · -21.7%
• By 2075: 76,757 · -37.8%
• By 2100: 60,984 · -50.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (82%)
• Race & ethnicity: White 82% Hispanic / Latino 11% Two or more races 6% Black 3%
• Hispanic origin (detail): Puerto Rican 8%
• Common ancestry: Romanian 6% Lithuanian 2% Slovak 2%
• Foreign-born: 3% · Canada
• Languages at home: 92% English-only · Spanish 6% Other Indo-European 1% French/Haitian/Cajun 1%

Political lean MEDSL · Chautauqua

• 2024 margin: Strong R (+22.0) · D 39.0% · R 61.0%
• 2008→2024 swing: -22.9pp toward R · 2008: 0.9pp · 2024: -22.0pp
• All cycles: 2024: R+22.0 2020: R+19.8 2016: R+24.6 2012: R+8.2 2008: D+0.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -58.93%
• Current HPI: 259.402
• Rent YoY: —
• Metro: Jamestown-Dunkirk-Fredonia, 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

+0.0% since first listed

14 events — show timeline

• 2026-05-10 Pending — UNYREIS
• 2026-05-06 Contingent — UNYREIS
• 2026-05-01 Price Changed $99,900 UNYREIS
• 2026-04-23 Listed $109,900 UNYREIS
• 2025-08-15 Listing Removed — UNYREIS
• 2025-08-14 Listing Removed — UNYREIS
• 2025-07-19 Contingent — UNYREIS
• 2025-07-14 Price Changed $109,900 UNYREIS
• 2025-07-14 Price Changed $110,000 UNYREIS
• 2025-06-30 Listed $112,000 UNYREIS
• 2022-10-28 Sold (MLS) $99,900 UNYREIS
• 2022-05-05 Pending — UNYREIS
• 2022-05-02 Contingent — UNYREIS
• 2022-04-18 Listed $99,900 UNYREIS

Property tax history

+0.2%/yr

Latest (2025): $3,399 · +4.8% YoY. Source: county tax records.