240 Alpine Pl Unit 4D · Tuckahoe, NY 10707

$210,000

1 bd · 1.0 ba · 700 sqft · Condo · 19 Days on market

Built 1930

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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 +28.5/30.0
• DSCR +10.0/10.0
• 1% rule +7.9/10.0
• ARV discount +7.5/15.0
• Schools +7.2/10.0
• Livability +4.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Impeccably maintained one bedroom unit in a pre-war building, in minutes from the Crestwood train station (29 minute A.M. train to Grand Central). Updates include an expansive kitchen (with chef style five burner stove), bathroom, LED lighting throughout, closet organization system, and freshly painted. Enjoy the amenities of the area such as wonderful shops, restaurants and just in time for summer become a member of Lake isle Country Club (swimming, golf and tennis). Maintenance does not include STAR discount. Additional Information: HeatingFuel:Oil Above Ground,

Key facts

• Built 1930
• Listed 19 days

Property features AI

Finance

• HOA & community: Association: 240 Alpine Place Owners Corp.; Monthly maintenance fee of $1,178.78

Exterior

• Parking: On-street parking
• Utilities: Electric service by Con-Edison; Public sewer; Utilities: see remarks
• Home design: Stock cooperative; Entry on level 4
• Construction: Stucco construction
• Exterior features: Stucco exterior; Not waterfront

Interior

• Kitchen: Microwave; Oven; Range; Refrigerator
• Bedrooms: 3 rooms total
• Bathrooms: 1 full bathroom
• Heating & cooling: Hot water heat; Wall/window air conditioning units
• Interior features: Eat-in kitchen; Four total stories

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $210k.

Deal economics

• At list price, monthly cash flow is $689 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $210k).
• Recommended offer: $207k (1.5% below list) — sets the bar for market timing.
• Cap rate 10.2% vs local median 2.9% in Tuckahoe — 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 79/100 on livability (#125 in NY, #2,013 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, commute A+, employment A+; Watch: amenities C-, cost of living F.
• Eastchester Union Free School District (suburban): math 79% / reading 80% proficiency, ranked #42 of 590 in NY (top 7%) — strong family-tenant draw, lease renewals of 3-5y typical; only 2% free/reduced lunch — higher-income household profile.
• Zoned schools: Eastchester Middle School (math 56% / reading 76%, grade A-, #118 of 729 statewide, top 16%, 694 students, 0% FRL); Eastchester Senior High School (math 100% / reading 84%, grade A+, #171 of 1,100 statewide, top 18%, 976 students, 0% FRL) — zoned schools at 0% FRL track the district average.
• Market conditions: 44 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals at typical pace (median 20d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 954 units permitted in Westchester County in 2024 (649 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k 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.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $59k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 19 days — a 2% lower offer ($207k) is reasonable based on typical stale-listing flexibility.
• 9 sale attempts since 21y 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 $165k; 27% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1930 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major flood risk; 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 $206,850 (1.5% below list)

Questions for the listing agent

1. Built in 1930 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. 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?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
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 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: 10.23%
• Cash-on-cash: 14.06%
• DSCR: 1.63
• GRM: 6.5

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: 4.3%
• Equity multiple: 1.17×
• Total profit: $9,878
• Equity at exit: $31,312

10-year hold

• IRR: 13.8%
• Equity multiple: 2.11×
• Total profit: $65,252
• Equity at exit: $18,157

Cash invested: $58,800 (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 10707

• Active inventory: 44
• Price-to-rent: 6.5×

Monthly cashflow live

• Estimated rent: $2,709 high
• Mortgage (P&I): −$1,101
• Tax est. 1.5%: −$262 /mo · $3,150/yr
• Insurance: −$88
• HOA: −$0
• Vacancy / Maint / Mgmt: −$569
• Net cashflow: $689

Break-even live

Break-even rent $1,837

Max offer price $210,000

Occupancy floor 70%

Sensitivity live

Price	-10% $834	-5% $761	+0% $689	+5% $616	+10% $544
Rent	-10% $475	-5% $582	+0% $689	+5% $796	+10% $903
Rate	-1.0pp $794	-0.5pp $742	base $689	+0.5pp $634	+1.0pp $579

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: $52,500
• Closing costs: $6,300
• Reserves months: —
• Total cash needed: —

Rent comps 11 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
212 Alpine Pl Tuckahoe, NY	1.0	1.0	700	$2,700	$3.86	21d	1	0.07mi
Glen Rd Unit H Eastchester, NY	1.0	1.0	612	$2,200	$3.59	45d	1	0.12mi
2 Park Ave Unit 1B Eastchester, NY	1.0	1.0	740	$2,500	$3.38	45d	1	0.15mi
Fisher Ave Eastchester, NY	1.0	1.0	731	$2,500	$3.42	45d	1	0.16mi
300 Columbus Ave Tuckahoe, NY	—	1.0	766	$3,100	$4.05	20d	5	0.17mi
2 Consulate Dr Unit 1J Tuckahoe, NY	1.0	1.0	750	$2,700	$3.60	13d	1	0.31mi
40 Jackson Ave Eastchester, NY	1.0	1.0	725	$2,950	$4.07	16d	1	0.46mi
50 Columbus Ave Unit 817 Tuckahoe, NY	1.0	1.0	750	$3,000	$4.00	23d	1	0.51mi
21 Scarsdale Rd Yonkers, NY	2.0	1.0	835	$3,795	$4.54	3d	21	0.72mi
717 Tuckahoe Rd Unit 16A Yonkers, NY	1.0	1.0	650	$2,495	$3.84	5d	1	1.24mi
1270 North Ave Unit 2L New Rochelle, NY	—	1.0	650	$2,400	$3.69	16d	1	1.41mi

HOA detail condo

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

Listing history 29 events

1. 2026-05-02
   listed $210,000 Active 2033-char remark
2. 2026-04-26
   historical $210,000 2033-char remark
3. 2019-05-31
   soldstatus $165,000 Sold 570-char remark

   Show marketing remark (570 chars)

   Impeccably maintained one bedroom unit in a pre-war building, in minutes from the Crestwood train station (29 minute A.M. train to Grand Central). Updates include an expansive kitchen (with chef style five burner stove), bathroom, LED lighting throughout, closet organization system, and freshly painted. Enjoy the amenities of the area such as wonderful shops, restaurants and just in time for summer become a member of Lake isle Country Club (swimming, golf and tennis). Maintenance does not include STAR discount. Additional Information: HeatingFuel:Oil Above Ground,

4. 2019-03-30
   status Pending 570-char remark

   Show marketing remark (570 chars)

   Impeccably maintained one bedroom unit in a pre-war building, in minutes from the Crestwood train station (29 minute A.M. train to Grand Central). Updates include an expansive kitchen (with chef style five burner stove), bathroom, LED lighting throughout, closet organization system, and freshly painted. Enjoy the amenities of the area such as wonderful shops, restaurants and just in time for summer become a member of Lake isle Country Club (swimming, golf and tennis). Maintenance does not include STAR discount. Additional Information: HeatingFuel:Oil Above Ground,

5. 2019-03-14
   listed $159,500 Active 570-char remark

   Show marketing remark (570 chars)

   Impeccably maintained one bedroom unit in a pre-war building, in minutes from the Crestwood train station (29 minute A.M. train to Grand Central). Updates include an expansive kitchen (with chef style five burner stove), bathroom, LED lighting throughout, closet organization system, and freshly painted. Enjoy the amenities of the area such as wonderful shops, restaurants and just in time for summer become a member of Lake isle Country Club (swimming, golf and tennis). Maintenance does not include STAR discount. Additional Information: HeatingFuel:Oil Above Ground,

6. 2014-03-15
   price $120,500

   Show marketing remark (361 chars)

   Airy and quiet corner unit with abundant natural light in pre-war building, hardwood floors throughout. Wonderful kitchen, convenient to Crestwood Railroad Station (35 mins to midtown). Resident has access to golf, tennis and swimming at Lake Isle. Monthly Maintenance shown before Star Credit ($120). This is also available For Rent with an option to purchase!

7. 2013-08-13
   soldstatus $120,500 Sold

   Show marketing remark (361 chars)

   Airy and quiet corner unit with abundant natural light in pre-war building, hardwood floors throughout. Wonderful kitchen, convenient to Crestwood Railroad Station (35 mins to midtown). Resident has access to golf, tennis and swimming at Lake Isle. Monthly Maintenance shown before Star Credit ($120). This is also available For Rent with an option to purchase!

8. 2013-08-13
   soldstatus $120,500

   Show marketing remark (361 chars)

   Airy and quiet corner unit with abundant natural light in pre-war building, hardwood floors throughout. Wonderful kitchen, convenient to Crestwood Railroad Station (35 mins to midtown). Resident has access to golf, tennis and swimming at Lake Isle. Monthly Maintenance shown before Star Credit ($120). This is also available For Rent with an option to purchase!

9. 2013-05-22
   historical Pending

   Show marketing remark (361 chars)

   Airy and quiet corner unit with abundant natural light in pre-war building, hardwood floors throughout. Wonderful kitchen, convenient to Crestwood Railroad Station (35 mins to midtown). Resident has access to golf, tennis and swimming at Lake Isle. Monthly Maintenance shown before Star Credit ($120). This is also available For Rent with an option to purchase!

10. 2013-05-21
    price $127,000

    Show marketing remark (361 chars)

    Airy and quiet corner unit with abundant natural light in pre-war building, hardwood floors throughout. Wonderful kitchen, convenient to Crestwood Railroad Station (35 mins to midtown). Resident has access to golf, tennis and swimming at Lake Isle. Monthly Maintenance shown before Star Credit ($120). This is also available For Rent with an option to purchase!

11. 2013-03-19
    listed $127,000 Active

    Show marketing remark (361 chars)

    Airy and quiet corner unit with abundant natural light in pre-war building, hardwood floors throughout. Wonderful kitchen, convenient to Crestwood Railroad Station (35 mins to midtown). Resident has access to golf, tennis and swimming at Lake Isle. Monthly Maintenance shown before Star Credit ($120). This is also available For Rent with an option to purchase!

12. 2013-03-19
    listed $127,000

    Show marketing remark (361 chars)

    Airy and quiet corner unit with abundant natural light in pre-war building, hardwood floors throughout. Wonderful kitchen, convenient to Crestwood Railroad Station (35 mins to midtown). Resident has access to golf, tennis and swimming at Lake Isle. Monthly Maintenance shown before Star Credit ($120). This is also available For Rent with an option to purchase!

13. 2011-04-25
    historical
14. 2011-02-16
    listed Active
15. 2010-09-21
    historical
16. 2010-09-01
    price
17. 2010-08-03
    price
18. 2010-07-22
    price
19. 2010-06-22
    price
20. 2010-05-21
    price
21. 2010-04-19
    status Active
22. 2010-04-16
    historical
23. 2010-03-31
    price
24. 2009-10-16
    listed Active
25. 2009-09-26
    historical Cancelled
26. 2009-07-07
    historical Pending
27. 2009-04-13
    listed
28. 2005-11-25
    historical
29. 2005-08-02
    listed

ⓘ 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 6/10 Major FEMA zone X (unshaded) · 75% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 6/10 Major 7 d/yr ≥99°F today · 15 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 3 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $32,506
• − Mortgage interest: −$11,763
• − Property taxes: −$3,150
• − Insurance: −$1,050
• − Repairs & maintenance: −$2,601
• − Management: −$2,601
• − Depreciation: −$6,109
• Taxable income: $5,233
• Est. tax owed @ 24.0%: −$1,256
• After-tax cash flow: $7,009/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: Eastchester Union Free School District
• NCES district ID: 3610080
• Math proficiency: 79% ▲ 1.00%
• Reading proficiency: 80% ▲ 9.00%
• Median HH income: $96,944
• Composite: 71.74/100
• National rank: #216
• State rank: #42 of 590 in NY

Livability — Tuckahoe

• Score: 79/100
• State rank: #125
• US rank: #2013

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Tuckahoe, NY
• County: Westchester County · 709,332 people
• City population: 9,688
• Metro: New York-Newark-Jersey City, NY-NJ-PA
• Population (ZIP): 9,688
• Household income: $130,957
• Rent vs Own: 44.3% rent · 55.7% own
• Severe rent burden: 363.0

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: Majority White (64%)
• Race & ethnicity: White 64% Hispanic / Latino 17% Asian 12% Two or more races 7% Black 4%
• Hispanic origin (detail): Mexican 7% Puerto Rican 4% Dominican 1%
• Common ancestry: Romanian 4% Scotch-Irish 3%
• Foreign-born: 21% · Canada, South Korea
• Languages at home: 69% English-only · Spanish 13% Korean 5% Other Indo-European 5%

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: ▼ -479.55%
• Current HPI: 261.5898
• Rent YoY: —
• 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

+65.4% since first listed

30 events — show timeline

• 2026-05-20 Pending — OneKey® MLS as Distributed by MLS Grid
• 2026-05-02 Listed $210,000 OneKey® MLS as Distributed by MLS Grid
• 2026-04-26 Coming Soon $210,000 OneKey® MLS as Distributed by MLS Grid
• 2019-05-31 Sold (MLS) $165,000 OneKey® MLS as Distributed by MLS Grid
• 2019-03-30 Pending — OneKey® MLS as Distributed by MLS Grid
• 2019-03-14 Listed $159,500 OneKey® MLS as Distributed by MLS Grid
• 2014-03-15 Price Changed $120,500 HGMLS
• 2013-08-13 Sold (MLS) $120,500 OneKey® MLS as Distributed by MLS Grid
• 2013-08-13 Sold (MLS) $120,500 HGMLS
• 2013-05-22 Contingent — HGMLS
• 2013-05-21 Price Changed $127,000 HGMLS
• 2013-03-19 Listed $127,000 HGMLS
• 2013-03-19 Listed $127,000 OneKey® MLS as Distributed by MLS Grid
• 2011-04-25 Delisted — HGMLS
• 2011-02-16 Listed — HGMLS
• 2010-09-21 Delisted — HGMLS
• 2010-09-01 Price Changed — HGMLS
• 2010-08-03 Price Changed — HGMLS
• 2010-07-22 Price Changed — HGMLS
• 2010-06-22 Price Changed — HGMLS
• 2010-05-21 Price Changed — HGMLS
• 2010-04-19 Relisted — HGMLS
• 2010-04-16 Delisted — HGMLS
• 2010-03-31 Price Changed — HGMLS
• 2009-10-16 Listed — HGMLS
• 2009-09-26 Delisted — HGMLS
• 2009-07-07 Contingent — HGMLS
• 2009-04-13 Listed — HGMLS
• 2005-11-25 Delisted — HGMLS
• 2005-08-02 Listed — HGMLS