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98 Forest Ave Multi-family
C+ Composite 60.46
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 +30.0/30.0
  • DSCR +10.0/10.0
  • 1% rule +8.9/10.0
  • Livability +3.5/5.0
  • Schools +3.1/10.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • ARV discount +0.0/15.0
  • Appreciation +0.0/10.0

$174,900

98 Forest Ave · Jamestown, NY 14701
3 bd · 2.0 ba · 2,519 sqft · MultiFamily public records · 157 Days on market
Built 1907 5,500 sqft lot $69/sqft · 46% above area Est $119k · 46% over

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Multi-family units

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

Listing remarks MLS

Beautiful Victorian located in the desirable Forest Heights Historical District. Both the exterior and interior have been thoughtfully updated and are move-in ready. The spacious kitchen features new luxury vinyl flooring, new solid surface countertops, and a glass door leading to the back porch, perfect for indoor-outdoor living. The formal dining room showcases hardwood floors, a coffered ceiling, wood-paneled walls, pocket doors, and a classic leaded glass window, creating an elegant space for gatherings. It flows seamlessly into the generous living room, which offers flexibility to create multiple seating or living areas and is filled with natural light from numerous windows. Pocket doors provide privacy to the office, which includes built-in cabinetry. Just off the living room, the welcoming foyer highlights beautiful wood details and a grand staircase, adding to the home’s timeless charm. Hardwood floors extend throughout most of the main level, which also includes a full bath and a convenient laundry room. The second level features three bedrooms, a full bathroom, and a sunroom. The spacious primary bedroom easily accommodates a private sitting area and offers two closets. The bathroom includes a shower, soaking tub, and honeycomb tile flooring. Exterior highlights include an attached garage, a charming front porch, and a fenced yard—perfect for relaxing or entertaining. The zoning for the property is R2. The current owner rents it out through Airbnb when he is not using it. Could potentially have a home business or professional office with a variance. Also listed for rent under MLS #R1682756.

Key facts

  • Formal dining room
  • Spacious kitchen
  • Glass door

Tags

VICTORIANSPACIOUS KITCHENNEW LUXURY VINYL FLOORINGGLASS DOORBACK PORCHFORMAL DINING ROOM

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath multifamily listed at $175k.

Deal economics

  • At list price, monthly cash flow is $663 ($8k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $175k).
  • Recommended offer: $154k (12.0% below list) — sets the bar for market timing.
  • Cap rate 10.8% 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; 127 units permitted in Chautauqua County in 2024 (0 in 5+ unit buildings).
  • At $2,439/mo this rent would consume 59% of the median local household income ($50k/yr) (locally 1838% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k 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.
  • At projected returns (-3.0% appreciation + 3.0% rent growth), your $49k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 157 days — a 12% lower offer ($154k) is reasonable based on typical stale-listing flexibility.
  • 9 sale attempts since 12y ago; this cycle's ask is 8645% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

Risks & watch-outs

  • Watch-outs: built in 1907 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $153,912 (12.0% below list)

Questions for the listing agent

  1. It's been on market 157 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 1907 — 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. 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?
  6. 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.
  7. 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.
  8. 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
1.39%
Cap rate
10.84%
Cash-on-cash
16.24%
DSCR
1.72
GRM
6.0

CMA / ARV

ARV (median comp)
$119,395
List price
$174,900
Delta
46.49%
Verdict
OVERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
263 Forest Ave 0.28mi 4/2.0 (+1) 2,508 (-0%) 14mo $58,000 $23 70
168 Barrett Ave 0.30mi 4/2.0 (+1) 2,644 (+5%) 4mo $52,000 $20 70
506 Newland Ave 0.30mi 4/2.5 (+1) 2,372 (-6%) 3mo $35,000 $15 67
139 Park St 0.46mi 3/2.0 2,820 (+12%) 1mo $95,000 $34 58
310 E 6th St 0.65mi 4/2.0 (+1) 2,589 (+3%) 5mo $67,000 $26 56
116 Park St 0.35mi 4/2.0 (+1) 2,226 (-12%) 10mo $73,000 $33 51
115 Fulton St 0.71mi 4/2.0 (+1) 2,380 (-6%) 4mo $30,000 $13 50
215 Hazzard St 0.58mi 4/2.0 (+1) 2,280 (-10%) 4mo $61,800 $27 49
8 E Newland Ave 0.61mi 4/2.0 (+1) 2,226 (-12%) 4mo $53,500 $24 44
332 Palmer St 0.71mi 4/2.0 (+1) 2,163 (-14%) 2mo $77,319 $36 37
220 Allen St 0.66mi 4/2.0 (+1) 2,184 (-13%) 7mo $35,000 $16 36
416 W 6th St 0.65mi 4/2.0 (+1) 2,149 (-15%) 12mo $57,000 $27 30

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
7.3%
Equity multiple
1.28×
Total profit
$13,933
Equity at exit
$26,078
10-year hold
IRR
16.6%
Equity multiple
2.36×
Total profit
$66,765
Equity at exit
$15,122

Cash invested: $48,972 (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.

ZIP-level market 14701

Home prices YoY
-18.5%
Active inventory
313
Price-to-rent
12.0×

Monthly cashflow live

Estimated rent
$2,439 medium interval (Pro) →
Mortgage (P&I)
$917
Tax from tax record
$274 /mo · $3,289/yr
Insurance
$73
HOA
$0
Vacancy / Maint / Mgmt
$512
Net cashflow
$663

Break-even live

Break-even rent $1,600
Max offer price $174,900
Occupancy floor 68%

2-unit breakdown (identical units grouped — click to expand)

UnitsBedsBathsEst. rent
Total (2 units) $2,439

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
$43,725
Closing costs
$5,247
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Listing history 43 events

  1. 2026-06-18
    status $174,900 Pending 157 DOM
  2. 2026-06-18
    days on market $174,900 Active 157 DOM
  3. 2026-06-17
    days on market $174,900 Active 156 DOM
  4. 2026-06-16
    days on market $174,900 Active 155 DOM
  5. 2026-06-15
    days on market $174,900 Active 154 DOM
  6. 2026-06-14
    days on market $174,900 Active 152 DOM
  7. 2026-06-12
    days on market $174,900 Active 151 DOM
  8. 2026-06-09
    days on market $174,900 Active 148 DOM
  9. 2026-06-08
    days on market $174,900 Active 147 DOM
  10. 2026-06-07
    days on market $174,900 Active 146 DOM
  11. 2026-06-05
    days on market $174,900 Active 143 DOM
  12. 2026-06-02
    pricedays on market $174,900 Active 141 DOM
  13. 2026-06-01
    days on market $184,900 Active 140 DOM
  14. 2026-05-31
    days on market $184,900 Active 139 DOM
  15. 2026-05-30
    days on market $184,900 Active 138 DOM
  16. 2026-05-19
    listed $2,000
  17. 2026-05-16
    price $184,900 1639-char remark
    Show marketing remark (1639 chars)

    Beautiful Victorian located in the desirable Forest Heights Historical District. Both the exterior and interior have been thoughtfully updated and are move-in ready. The spacious kitchen features new luxury vinyl flooring, new solid surface countertops, and a glass door leading to the back porch, perfect for indoor-outdoor living. The formal dining room showcases hardwood floors, a coffered ceiling, wood-paneled walls, pocket doors, and a classic leaded glass window, creating an elegant space for gatherings. It flows seamlessly into the generous living room, which offers flexibility to create multiple seating or living areas and is filled with natural light from numerous windows. Pocket doors provide privacy to the office, which includes built-in cabinetry. Just off the living room, the welcoming foyer highlights beautiful wood details and a grand staircase, adding to the home’s timeless charm. Hardwood floors extend throughout most of the main level, which also includes a full bath and a convenient laundry room. The second level features three bedrooms, a full bathroom, and a sunroom. The spacious primary bedroom easily accommodates a private sitting area and offers two closets. The bathroom includes a shower, soaking tub, and honeycomb tile flooring. Exterior highlights include an attached garage, a charming front porch, and a fenced yard—perfect for relaxing or entertaining. The zoning for the property is R2. The current owner rents it out through Airbnb when he is not using it. Could potentially have a home business or professional office with a variance. Also listed for rent under MLS #R1682756.

  18. 2026-04-26
    price $189,900 1639-char remark
    Show marketing remark (1639 chars)

    Beautiful Victorian located in the desirable Forest Heights Historical District. Both the exterior and interior have been thoughtfully updated and are move-in ready. The spacious kitchen features new luxury vinyl flooring, new solid surface countertops, and a glass door leading to the back porch, perfect for indoor-outdoor living. The formal dining room showcases hardwood floors, a coffered ceiling, wood-paneled walls, pocket doors, and a classic leaded glass window, creating an elegant space for gatherings. It flows seamlessly into the generous living room, which offers flexibility to create multiple seating or living areas and is filled with natural light from numerous windows. Pocket doors provide privacy to the office, which includes built-in cabinetry. Just off the living room, the welcoming foyer highlights beautiful wood details and a grand staircase, adding to the home’s timeless charm. Hardwood floors extend throughout most of the main level, which also includes a full bath and a convenient laundry room. The second level features three bedrooms, a full bathroom, and a sunroom. The spacious primary bedroom easily accommodates a private sitting area and offers two closets. The bathroom includes a shower, soaking tub, and honeycomb tile flooring. Exterior highlights include an attached garage, a charming front porch, and a fenced yard—perfect for relaxing or entertaining. The zoning for the property is R2. The current owner rents it out through Airbnb when he is not using it. Could potentially have a home business or professional office with a variance. Also listed for rent under MLS #R1682756.

  19. 2026-03-17
    price $192,000 1639-char remark
    Show marketing remark (1639 chars)

    Beautiful Victorian located in the desirable Forest Heights Historical District. Both the exterior and interior have been thoughtfully updated and are move-in ready. The spacious kitchen features new luxury vinyl flooring, new solid surface countertops, and a glass door leading to the back porch, perfect for indoor-outdoor living. The formal dining room showcases hardwood floors, a coffered ceiling, wood-paneled walls, pocket doors, and a classic leaded glass window, creating an elegant space for gatherings. It flows seamlessly into the generous living room, which offers flexibility to create multiple seating or living areas and is filled with natural light from numerous windows. Pocket doors provide privacy to the office, which includes built-in cabinetry. Just off the living room, the welcoming foyer highlights beautiful wood details and a grand staircase, adding to the home’s timeless charm. Hardwood floors extend throughout most of the main level, which also includes a full bath and a convenient laundry room. The second level features three bedrooms, a full bathroom, and a sunroom. The spacious primary bedroom easily accommodates a private sitting area and offers two closets. The bathroom includes a shower, soaking tub, and honeycomb tile flooring. Exterior highlights include an attached garage, a charming front porch, and a fenced yard—perfect for relaxing or entertaining. The zoning for the property is R2. The current owner rents it out through Airbnb when he is not using it. Could potentially have a home business or professional office with a variance. Also listed for rent under MLS #R1682756.

  20. 2026-03-03
    price $194,900 1639-char remark
    Show marketing remark (1639 chars)

    Beautiful Victorian located in the desirable Forest Heights Historical District. Both the exterior and interior have been thoughtfully updated and are move-in ready. The spacious kitchen features new luxury vinyl flooring, new solid surface countertops, and a glass door leading to the back porch, perfect for indoor-outdoor living. The formal dining room showcases hardwood floors, a coffered ceiling, wood-paneled walls, pocket doors, and a classic leaded glass window, creating an elegant space for gatherings. It flows seamlessly into the generous living room, which offers flexibility to create multiple seating or living areas and is filled with natural light from numerous windows. Pocket doors provide privacy to the office, which includes built-in cabinetry. Just off the living room, the welcoming foyer highlights beautiful wood details and a grand staircase, adding to the home’s timeless charm. Hardwood floors extend throughout most of the main level, which also includes a full bath and a convenient laundry room. The second level features three bedrooms, a full bathroom, and a sunroom. The spacious primary bedroom easily accommodates a private sitting area and offers two closets. The bathroom includes a shower, soaking tub, and honeycomb tile flooring. Exterior highlights include an attached garage, a charming front porch, and a fenced yard—perfect for relaxing or entertaining. The zoning for the property is R2. The current owner rents it out through Airbnb when he is not using it. Could potentially have a home business or professional office with a variance. Also listed for rent under MLS #R1682756.

  21. 2026-01-20
    price $199,000 1639-char remark
    Show marketing remark (1639 chars)

    Beautiful Victorian located in the desirable Forest Heights Historical District. Both the exterior and interior have been thoughtfully updated and are move-in ready. The spacious kitchen features new luxury vinyl flooring, new solid surface countertops, and a glass door leading to the back porch, perfect for indoor-outdoor living. The formal dining room showcases hardwood floors, a coffered ceiling, wood-paneled walls, pocket doors, and a classic leaded glass window, creating an elegant space for gatherings. It flows seamlessly into the generous living room, which offers flexibility to create multiple seating or living areas and is filled with natural light from numerous windows. Pocket doors provide privacy to the office, which includes built-in cabinetry. Just off the living room, the welcoming foyer highlights beautiful wood details and a grand staircase, adding to the home’s timeless charm. Hardwood floors extend throughout most of the main level, which also includes a full bath and a convenient laundry room. The second level features three bedrooms, a full bathroom, and a sunroom. The spacious primary bedroom easily accommodates a private sitting area and offers two closets. The bathroom includes a shower, soaking tub, and honeycomb tile flooring. Exterior highlights include an attached garage, a charming front porch, and a fenced yard—perfect for relaxing or entertaining. The zoning for the property is R2. The current owner rents it out through Airbnb when he is not using it. Could potentially have a home business or professional office with a variance. Also listed for rent under MLS #R1682756.

  22. 2026-01-12
    listed $209,000 Active 1639-char remark
    Show marketing remark (1639 chars)

    Beautiful Victorian located in the desirable Forest Heights Historical District. Both the exterior and interior have been thoughtfully updated and are move-in ready. The spacious kitchen features new luxury vinyl flooring, new solid surface countertops, and a glass door leading to the back porch, perfect for indoor-outdoor living. The formal dining room showcases hardwood floors, a coffered ceiling, wood-paneled walls, pocket doors, and a classic leaded glass window, creating an elegant space for gatherings. It flows seamlessly into the generous living room, which offers flexibility to create multiple seating or living areas and is filled with natural light from numerous windows. Pocket doors provide privacy to the office, which includes built-in cabinetry. Just off the living room, the welcoming foyer highlights beautiful wood details and a grand staircase, adding to the home’s timeless charm. Hardwood floors extend throughout most of the main level, which also includes a full bath and a convenient laundry room. The second level features three bedrooms, a full bathroom, and a sunroom. The spacious primary bedroom easily accommodates a private sitting area and offers two closets. The bathroom includes a shower, soaking tub, and honeycomb tile flooring. Exterior highlights include an attached garage, a charming front porch, and a fenced yard—perfect for relaxing or entertaining. The zoning for the property is R2. The current owner rents it out through Airbnb when he is not using it. Could potentially have a home business or professional office with a variance. Also listed for rent under MLS #R1682756.

  23. 2023-11-09
    soldstatus $159,750 Closed Sale or Rented 1201-char remark
    Show marketing remark (1201 chars)

    Beautiful Victorian located in the Forest Heights District. The exterior & interior has had many updates and is ready for a new owner. The kitchen is spacious with new LV flooring and has a glass door that leads to the back porch. The dining room features hardwood floors, coffered ceiling, wood panel walls, pocket doors and a classic leaded window. The dining room flows into the spacious living room. The living room can be divided into a few different areas to suit your needs. The room is flooded with light with all the windows. There are pocket doors that gives privacy to the office from the living room. The office has built-in cabinets. The foyer is off the living room. It offers elegance with the wood features and the grand staircase. The hardwood floors flows throughout most of the main level. The second level features three bedrooms, a full bath and a sunroom. The primary bedroom is spacious enough to have a private sitting area. This room has two closets. The bathroom has a shower, soaker tub and a honeycombed tile floor. There is a full bath on the main level. The main floor also has a laundry room. The exterior features an attached garage, a front porch, a fenced yard.

  24. 2023-10-02
    status Pending Sale 1201-char remark
    Show marketing remark (1201 chars)

    Beautiful Victorian located in the Forest Heights District. The exterior & interior has had many updates and is ready for a new owner. The kitchen is spacious with new LV flooring and has a glass door that leads to the back porch. The dining room features hardwood floors, coffered ceiling, wood panel walls, pocket doors and a classic leaded window. The dining room flows into the spacious living room. The living room can be divided into a few different areas to suit your needs. The room is flooded with light with all the windows. There are pocket doors that gives privacy to the office from the living room. The office has built-in cabinets. The foyer is off the living room. It offers elegance with the wood features and the grand staircase. The hardwood floors flows throughout most of the main level. The second level features three bedrooms, a full bath and a sunroom. The primary bedroom is spacious enough to have a private sitting area. This room has two closets. The bathroom has a shower, soaker tub and a honeycombed tile floor. There is a full bath on the main level. The main floor also has a laundry room. The exterior features an attached garage, a front porch, a fenced yard.

  25. 2023-08-29
    status Under Contract- Do Not Show 1201-char remark
    Show marketing remark (1201 chars)

    Beautiful Victorian located in the Forest Heights District. The exterior & interior has had many updates and is ready for a new owner. The kitchen is spacious with new LV flooring and has a glass door that leads to the back porch. The dining room features hardwood floors, coffered ceiling, wood panel walls, pocket doors and a classic leaded window. The dining room flows into the spacious living room. The living room can be divided into a few different areas to suit your needs. The room is flooded with light with all the windows. There are pocket doors that gives privacy to the office from the living room. The office has built-in cabinets. The foyer is off the living room. It offers elegance with the wood features and the grand staircase. The hardwood floors flows throughout most of the main level. The second level features three bedrooms, a full bath and a sunroom. The primary bedroom is spacious enough to have a private sitting area. This room has two closets. The bathroom has a shower, soaker tub and a honeycombed tile floor. There is a full bath on the main level. The main floor also has a laundry room. The exterior features an attached garage, a front porch, a fenced yard.

  26. 2023-08-24
    listed $159,750 Active 1201-char remark
    Show marketing remark (1201 chars)

    Beautiful Victorian located in the Forest Heights District. The exterior & interior has had many updates and is ready for a new owner. The kitchen is spacious with new LV flooring and has a glass door that leads to the back porch. The dining room features hardwood floors, coffered ceiling, wood panel walls, pocket doors and a classic leaded window. The dining room flows into the spacious living room. The living room can be divided into a few different areas to suit your needs. The room is flooded with light with all the windows. There are pocket doors that gives privacy to the office from the living room. The office has built-in cabinets. The foyer is off the living room. It offers elegance with the wood features and the grand staircase. The hardwood floors flows throughout most of the main level. The second level features three bedrooms, a full bath and a sunroom. The primary bedroom is spacious enough to have a private sitting area. This room has two closets. The bathroom has a shower, soaker tub and a honeycombed tile floor. There is a full bath on the main level. The main floor also has a laundry room. The exterior features an attached garage, a front porch, a fenced yard.

  27. 2022-05-31
    soldstatus $94,000 Closed Sale or Rented
  28. 2022-05-31
    soldstatus $94,000
  29. 2022-03-22
    status Under Contract- Do Not Show
  30. 2022-03-08
    historical Continue to Show- Under Contract
  31. 2022-03-03
    status Active
  32. 2021-09-13
    status Under Contract- Do Not Show
  33. 2021-09-10
    listed $99,900 Active
  34. 2021-05-20
    soldstatus $66,000 Closed Sale or Rented
  35. 2021-04-12
    historical Continue to Show- Under Contract
  36. 2021-04-08
    status Active
  37. 2020-11-14
    status Pending Sale
  38. 2020-09-26
    status Active
  39. 2020-09-02
    historical Continue to Show- Under Contract
  40. 2020-08-29
    listed $65,000 Active
  41. 2015-05-20
    soldstatus $55,000
  42. 2015-05-15
    soldstatus $55,000
  43. 2014-10-17
    listed $69,900

ⓘ 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
$3,289 · $274/mo
Projected year-2 tax
$3,289 · $274/mo
Expected delta
$0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$29,268
− Mortgage interest
−$9,797
− Property taxes
−$3,289
− Insurance
−$874
− Repairs & maintenance
−$2,341
− Management
−$2,341
− Depreciation
−$5,088
Taxable income
$5,536
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,329
After-tax cash flow
$6,623/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

Price history

-97.1% since first listed
28 events — show timeline
  • 2026-05-19 Listed for Rent $2,000 UNYREIS
  • 2026-05-16 Price Changed $184,900 UNYREIS
  • 2026-04-26 Price Changed $189,900 UNYREIS
  • 2026-03-17 Price Changed $192,000 UNYREIS
  • 2026-03-03 Price Changed $194,900 UNYREIS
  • 2026-01-20 Price Changed $199,000 UNYREIS
  • 2026-01-12 Listed $209,000 UNYREIS
  • 2023-11-09 Sold (MLS) $159,750 UNYREIS
  • 2023-10-02 Pending UNYREIS
  • 2023-08-29 Pending UNYREIS
  • 2023-08-24 Listed $159,750 UNYREIS
  • 2022-05-31 Sold (Public Records) $94,000 Public Records
  • 2022-05-31 Sold (MLS) $94,000 UNYREIS
  • 2022-03-22 Pending UNYREIS
  • 2022-03-08 Contingent UNYREIS
  • 2022-03-03 Relisted UNYREIS
  • 2021-09-13 Pending UNYREIS
  • 2021-09-10 Listed $99,900 UNYREIS
  • 2021-05-20 Sold (MLS) $66,000 UNYREIS
  • 2021-04-12 Contingent UNYREIS
  • 2021-04-08 Relisted UNYREIS
  • 2020-11-14 Pending UNYREIS
  • 2020-09-26 Relisted UNYREIS
  • 2020-09-02 Contingent UNYREIS
  • 2020-08-29 Listed $65,000 UNYREIS
  • 2015-05-20 Sold (MLS) $55,000 UNYREIS
  • 2015-05-15 Sold (Public Records) $55,000 Public Records
  • 2014-10-17 Listed $69,900 UNYREIS

Property tax history

-0.6%/yr

Latest (2025): $3,289 · +4.8% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…