4315 Webster Ave Unit 4E · New York, NY 10470

$220,000

2 bd · 1.0 ba · 0 sqft · Condo public records · 164 Days on market

Built 1957

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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 +25.8/30.0
• DSCR +8.6/10.0
• ARV discount +7.5/15.0
• 1% rule +6.8/10.0
• Schools +5.0/10.0
• Livability +3.8/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Absolutely stunning J4 on offer. Building is just steps from Woodlawn Metro North providing an easy 25min commute into Grand Central Terminal. Unit has just been repainted and floors have been redone. Totally move-in ready. .. nothing to do here! Spacious updated kitchen complete with hardwood cabinets and stainless steel appliances. Bathroom has also been updated. The 2nd bedroom offers a double exposure providing tons of natural light while the primary master bedroom offers great square footage complete with double closet You'll also find an abundance of further closet space throughout the unit catering to all your storage needs.

Key facts

• Hardwood cabinets
• Updated kitchen
• Double exposure

Tags

• UPDATED KITCHEN
• HARDWOOD CABINETS
• STAINLESS STEEL APPLIANCES
• UPDATED BATHROOM
• DOUBLE EXPOSURE
• ABUNDANCE OF CLOSET SPACE

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath condo listed at $220k.

Deal economics

• At list price, monthly cash flow is $533 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $220k).
• Recommended offer: $194k (12.0% below list) — sets the bar for market timing.
• Cap rate 9.2% vs local median 2.6% in New York — 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 75/100 on livability (#268 in NY, #4,188 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, health & safety A; Watch: crime F, cost of living F.
• Market conditions: 66 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 6,929 units permitted in Bronx County in 2024 (6,829 in 5+ unit buildings).
• This rent runs 35% of the median local income ($90k/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.
• Bronx County population projected at +21% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 164 days — a 12% lower offer ($194k) is reasonable based on typical stale-listing flexibility.
• 10 sale attempts since 11y 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 $170k; 29% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1957 — expect roof / HVAC / electrical / plumbing capex.
• 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 $193,600 (12.0% below list)

Questions for the listing agent

1. It's been on market 164 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 1957 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. 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?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are B-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?
7. 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?
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: 1.18% ✓
• Cap rate: 9.20%
• Cash-on-cash: 10.38%
• DSCR: 1.46
• GRM: 7.1

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: -0.7%
• Equity multiple: 0.97×
• Total profit: $-1,683
• Equity at exit: $32,803

10-year hold

• IRR: 9.0%
• Equity multiple: 1.69×
• Total profit: $42,380
• Equity at exit: $19,022

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

Landlord ↔ Tenant lean methodology

• Overall (CITY): 0 Strongly Tenant-Friendly
• State New York: 15 Strongly Tenant-Friendly · D+10
• County: — inherits STATE
• City New York: 0 Strongly Tenant-Friendly · D+34

Rent Stabilization Code; HSTPA; 6+ months in housing court.

Methodology + full state rankings →

ZIP-level market 10470

• Home prices YoY: -28.6%
• Active inventory: 66
• Price-to-rent: 7.1×

Monthly cashflow live

• Estimated rent: $2,599 high
• Mortgage (P&I): −$1,154
• Tax est. 1.5%: −$275 /mo · $3,300/yr
• Insurance: −$92
• HOA: −$0
• Vacancy / Maint / Mgmt: −$546
• Net cashflow: $533

Break-even live

Break-even rent $1,925

Max offer price $220,000

Occupancy floor 74%

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
135 Wakefield Ave Yonkers, NY	2.0	1.0	850	$3,000	$3.53	44d	2	0.47mi
116 Alexander Ave Yonkers, NY	2.0	2.0	1200	$3,250	$2.71	24d	1	0.56mi
216 1st St Unit 1 Yonkers, NY	1.0	1.0	600	$2,000	$3.33	44d	1	0.64mi
255 Bronx River Rd Unit 4R Yonkers, NY	1.0	1.0	800	$2,250	$2.81	24d	1	0.73mi
65 Hunts Bridge Rd Yonkers, NY	3.0	1.0	1600	$3,500	$2.19	14d	1	0.74mi
793 McLean Ave Yonkers, NY	1.0	1.0	—	$2,300	—	44d	1	0.75mi
64 Halstead Ave Unit 1 Yonkers, NY	1.0	1.0	—	$2,100	—	44d	1	0.90mi
2 Yonkers Ter Yonkers, NY	3.0	1.0	—	$3,500	—	44d	1	0.91mi
2325 Cortlandt St Unit 4 Mt Vernon, NY	2.0	1.0	700	$2,300	$3.29	24d	1	0.92mi
36 S 15th Ave Mount Vernon, NY	1.0	1.0	—	$1,800	—	24d	1	0.94mi
675 McLean Ave Unit 006H Yonkers, NY	1.0	1.0	577	$2,071	$3.59	5d	1	0.96mi
51 S High St Mount Vernon, NY	3.0	1.0	—	$3,200	—	24d	1	1.02mi
119 S 13th Ave Mount Vernon, NY	2.0	1.0	800	$2,997	$3.75	13d	1	1.04mi
20 Overhill Pl Unit 3 Yonkers, NY	2.0	1.0	800	$3,000	$3.75	44d	1	1.07mi
112 S 12th Ave Mt Vernon, NY	3.0	1.0	—	$3,300	—	3d	1	1.07mi
112 S 12th Ave Mt Vernon, NY	3.0	1.0	—	$3,300	—	22d	1	1.07mi
138 Mount Vernon Ave Unit 3 Mt Vernon, NY	3.0	1.0	—	$3,500	—	19d	1	1.11mi
138 Mount Vernon Ave Unit 2 Mt Vernon, NY	2.0	1.0	—	$2,800	—	19d	1	1.11mi
1179 Yonkers Ave Unit 1 Yonkers, NY	3.0	1.0	—	$3,500	—	24d	1	1.13mi
1179 Yonkers Ave Yonkers, NY	3.0	1.0	—	$3,300	—	24d	1	1.13mi
119 S 11th Ave Unit 1 Mt Vernon, NY	2.0	1.0	700	$2,800	$4.00	11d	1	1.15mi
149 W 5th St Mount Vernon, NY	2.0	1.0	—	$2,600	—	22d	1	1.15mi
149 W 5th St Mount Vernon, NY	2.0	1.0	—	$2,600	—	3d	1	1.15mi
149 W 5th St Unit 1 Mt Vernon, NY	2.0	1.0	—	$2,600	—	24d	1	1.15mi
352 S Tenth Ave Mt Vernon, NY	2.0	1.0	—	$2,600	—	24d	1	1.18mi
352 S Tenth Ave Mt Vernon, NY	2.0	1.0	—	$2,600	—	22d	1	1.18mi
352 S Tenth Ave Mt Vernon, NY	2.0	1.0	—	$2,600	—	3d	1	1.18mi
356 S Tenth Ave Unit 2nd Floor Mt Vernon, NY	3.0	2.0	1100	$3,850	$3.50	24d	1	1.19mi
13 N Bond St Mount Vernon, NY	1.0	1.0	600	$1,785	$2.98	24d	1	1.20mi
18 N Bond St Unit 3D Mt Vernon, NY	1.0	1.0	750	$2,000	$2.67	24d	1	1.20mi
15 N Bond St Mount Vernon, NY	1.0	1.0	—	$2,200	—	24d	1	1.21mi
206 S 9th Ave Mount Vernon, NY	1.0	1.0	—	$2,200	—	24d	1	1.21mi
421 S 10th Ave Mount Vernon, NY	3.0	1.0	1200	$3,500	$2.92	24d	1	1.23mi
39 N Terrace Ave Mount Vernon, NY	2.0	1.0	—	$2,600	—	24d	1	1.23mi
32 N Bond St Mount Vernon, NY	1.0	1.0	850	$1,900	$2.24	7d	1	1.24mi
3 Sherwood Ave Yonkers, NY	1.0	1.0	—	$2,995	—	7d	1	1.24mi
461 S Tenth Ave Unit 2 Mt Vernon, NY	1.0	1.0	—	$1,700	—	24d	1	1.26mi
526 S Tenth Ave Unit 2 Mt Vernon, NY	1.0	1.0	—	$2,100	—	10d	1	1.28mi
495 Kimball Ave Unit First Floor Yonkers, NY	2.0	1.0	1100	$3,000	$2.73	44d	1	1.29mi
821 E 217th St Bronx, NY	3.0	2.0	—	$3,500	—	24d	1	1.30mi

HOA detail condo

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

Listing history 24 events

1. 2025-12-31
   status Pending
2. 2025-07-20
   listed $220,000 Active
3. 2025-07-19
   status Active
4. 2025-07-19
   historical
5. 2025-04-16
   status Pending
6. 2025-03-20
   price $209,000
7. 2025-01-23
   status Active
8. 2024-09-23
   status Pending
9. 2024-08-01
   listed $219,000 Active
10. 2024-07-11
    status Active
11. 2024-05-21
    status Pending
12. 2024-04-21
    listed $225,000 Active
13. 2024-04-20
    historical
14. 2024-01-30
    price $229,000
15. 2023-12-27
    listed $235,000 Active
16. 2018-05-21
    soldstatus $170,000 Sold
17. 2018-02-23
    historical Pending
18. 2017-10-23
    listed $189,000 Active
19. 2016-03-04
    historical Withdrawn
20. 2016-02-12
    historical
21. 2016-02-11
    historical Pending
22. 2015-08-26
    price
23. 2015-08-13
    listed Active
24. 2015-08-12
    listed $164,900

ⓘ 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 ≥99°F today · 15 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $31,186
• − Mortgage interest: −$12,323
• − Property taxes: −$3,300
• − Insurance: −$1,100
• − Repairs & maintenance: −$2,495
• − Management: −$2,495
• − Depreciation: −$6,400
• Taxable income: $3,072
• Est. tax owed @ 24.0%: −$737
• After-tax cash flow: $5,655/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)

No district data.

Livability — New York

• Score: 75/100
• State rank: #268
• US rank: #4188

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: New York, NY
• County: Bronx County · 1,197,324 people
• City population: 7,731,280
• Metro: New York-Newark-Jersey City, NY-NJ-PA
• Population (ZIP): 16,004
• Household income: $90,046
• Rent vs Own: 56.6% rent · 43.4% own
• Severe rent burden: 805.0

Population outlook (Bronx County) Hauer SSP2

• Today (2025): 1,607,353 people
• By 2030: 1,681,852 · +4.6%
• By 2040: 1,824,421 · +13.5%
• By 2050: 1,945,470 · +21.0%
• By 2075: 2,187,887 · +36.1%
• By 2100: 2,244,136 · +39.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Highly diverse neighborhood (Simpson 0.71)
• Race & ethnicity: White 38% Black 30% Hispanic / Latino 24% Two or more races 9% Asian 3% Native American 1%
• Hispanic origin (detail): Puerto Rican 9% Dominican 9%
• Common ancestry: Romanian 1% Lithuanian 1% Slovak 1%
• Foreign-born: 32% · Canada, Jamaica
• Languages at home: 72% English-only · Spanish 17% Other Indo-European 5% French/Haitian/Cajun 2%

Political lean MEDSL · Bronx

• 2024 margin: Solid D (+45.4) · D 72.7% · R 27.3%
• 2008→2024 swing: -32.3pp toward R · 2008: 77.8pp · 2024: 45.4pp
• All cycles: 2024: D+45.4 2020: D+67.6 2016: D+79.1 2012: D+82.9 2008: D+77.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -114.64%
• Current HPI: 286.9195
• 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

+33.4% since first listed

24 events — show timeline

• 2025-12-31 Pending — OneKey® MLS as Distributed by MLS Grid
• 2025-07-20 Listed $220,000 OneKey® MLS as Distributed by MLS Grid
• 2025-07-19 Relisted — OneKey® MLS as Distributed by MLS Grid
• 2025-07-19 Listing Removed — OneKey® MLS as Distributed by MLS Grid
• 2025-04-16 Pending — OneKey® MLS as Distributed by MLS Grid
• 2025-03-20 Price Changed $209,000 OneKey® MLS as Distributed by MLS Grid
• 2025-01-23 Relisted — OneKey® MLS as Distributed by MLS Grid
• 2024-09-23 Pending — OneKey® MLS as Distributed by MLS Grid
• 2024-08-01 Listed $219,000 OneKey® MLS as Distributed by MLS Grid
• 2024-07-11 Relisted — OneKey® MLS as Distributed by MLS Grid
• 2024-05-21 Pending — OneKey® MLS as Distributed by MLS Grid
• 2024-04-21 Listed $225,000 OneKey® MLS as Distributed by MLS Grid
• 2024-04-20 Listing Removed — OneKey® MLS as Distributed by MLS Grid
• 2024-01-30 Price Changed $229,000 OneKey® MLS as Distributed by MLS Grid
• 2023-12-27 Listed $235,000 OneKey® MLS as Distributed by MLS Grid
• 2018-05-21 Sold (MLS) $170,000 OneKey® MLS as Distributed by MLS Grid
• 2018-02-23 Contingent — OneKey® MLS as Distributed by MLS Grid
• 2017-10-23 Listed $189,000 OneKey® MLS as Distributed by MLS Grid
• 2016-03-04 Delisted — HGMLS
• 2016-02-12 Listing Removed — OneKey® MLS as Distributed by MLS Grid
• 2016-02-11 Contingent — HGMLS
• 2015-08-26 Price Changed — HGMLS
• 2015-08-13 Listed — HGMLS
• 2015-08-12 Listed $164,900 OneKey® MLS as Distributed by MLS Grid