4315 Webster Ave Unit 1J · New York, NY 10470

$169,000

1 bd · 1.0 ba · 700 sqft · Condo · 232 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 +25.6/30.0
• DSCR +8.5/10.0
• ARV discount +7.5/15.0
• 1% rule +6.7/10.0
• 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 MLS

Just renovated apartment from top to bottom featuring new bathroom and kitchen with marble counter top. All new stainless steel appliances with tile/marble flooring throughout all areas. Low monthly maintenance, steps to all major transportation, roads and highways, practically across the street to Metro-North Train/NYC Subway. Additional Information: HeatingFuel:Oil Above Ground,

Key facts

• Common laundry room
• Hardwood floors
• Restaurants

Tags

• HARDWOOD FLOORS
• STAINLESS STEEL APPLIANCES
• COMMON LAUNDRY ROOM
• PUBLIC TRANSPORTATION
• RESTAURANTS
• SHOPS

Property features AI

Exterior

• Parking: Assigned parking; Garage parking available; On-street parking; Waitlist for parking; Parking fee applies
• Utilities: Natural gas connected; Public sewer; Water connected; Trash collection (public)
• Home design: Stock cooperative
• Construction: Brick construction
• Exterior features: Brick exterior; Not waterfront

Interior

• Kitchen: Microwave; Oven; Range
• Bedrooms: 3 rooms total
• Bathrooms: 1 full bathroom
• Heating & cooling: Baseboard heating; No central cooling
• Interior features: Entrance foyer; Marble counters; Storage; Walk-through kitchen
• Laundry & utility: Common area laundry

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $169k.

Deal economics

• At list price, monthly cash flow is $398 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $169k).
• Recommended offer: $149k (12.0% below list) — sets the bar for market timing.
• Cap rate 9.1% 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; 7 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).

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.
• 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 232 days — a 12% lower offer ($149k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 13y ago; this cycle's ask has dropped $16k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.

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 $148,720 (12.0% below list)

Questions for the listing agent

1. It's been on market 232 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: 1.17% ✓
• Cap rate: 9.12%
• Cash-on-cash: 10.10%
• DSCR: 1.45
• 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: -1.1%
• Equity multiple: 0.96×
• Total profit: $-1,979
• Equity at exit: $25,198

10-year hold

• IRR: 8.6%
• Equity multiple: 1.66×
• Total profit: $31,075
• Equity at exit: $14,612

Cash invested: $47,320 (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: $1,983 high
• Mortgage (P&I): −$886
• Tax est. 1.5%: −$211 /mo · $2,535/yr
• Insurance: −$70
• HOA: −$0
• Vacancy / Maint / Mgmt: −$416
• Net cashflow: $398

Break-even live

Break-even rent $1,478

Max offer price $169,000

Occupancy floor 75%

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: $42,250
• Closing costs: $5,070
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
216 1st St Unit 1 Yonkers, NY	1.0	1.0	600	$2,000	$3.33	43d	1	0.64mi
277 Bronx River Rd Apt 3M Yonkers, NY	—	1.0	550	$1,700	$3.09	43d	1	0.78mi
2325 Cortlandt St Unit 4 Mt Vernon, NY	2.0	1.0	700	$2,300	$3.29	24d	1	0.92mi
675 McLean Ave Unit 006H Yonkers, NY	1.0	1.0	577	$2,071	$3.59	4d	1	0.96mi
119 S 11th Ave Unit 1 Mt Vernon, NY	2.0	1.0	700	$2,800	$4.00	11d	1	1.15mi
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

HOA detail condo

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

Listing history 28 events

1. 2026-06-18
   days on market $169,000 Active 232 DOM
2. 2026-06-17
   days on market $169,000 Active 231 DOM
3. 2026-06-15
   days on market $169,000 Active 229 DOM
4. 2026-06-13
   days on market $169,000 Active 227 DOM
5. 2026-06-10
   days on market $169,000 Active 223 DOM
6. 2026-06-08
   days on market $169,000 Active 222 DOM
7. 2026-06-04
   days on market $169,000 Active 219 DOM
8. 2026-06-03
   days on market $169,000 Active 218 DOM
9. 2026-06-01
   days on market $169,000 Active 216 DOM
10. 2026-05-31
    days on market $169,000 Active 215 DOM
11. 2026-04-14
    price $169,000
12. 2026-03-05
    status Active
13. 2026-03-05
    price $174,000
14. 2025-10-20
    price $180,000
15. 2025-10-06
    listed $185,000 Active
16. 2021-08-12
    soldstatus $175,000 Closed 385-char remark

    Show marketing remark (385 chars)

    Just renovated apartment from top to bottom featuring new bathroom and kitchen with marble counter top. All new stainless steel appliances with tile/marble flooring throughout all areas. Low monthly maintenance, steps to all major transportation, roads and highways, practically across the street to Metro-North Train/NYC Subway. Additional Information: HeatingFuel:Oil Above Ground,

17. 2021-07-08
    status Pending 385-char remark

    Show marketing remark (385 chars)

    Just renovated apartment from top to bottom featuring new bathroom and kitchen with marble counter top. All new stainless steel appliances with tile/marble flooring throughout all areas. Low monthly maintenance, steps to all major transportation, roads and highways, practically across the street to Metro-North Train/NYC Subway. Additional Information: HeatingFuel:Oil Above Ground,

18. 2021-03-03
    price $181,000 385-char remark

    Show marketing remark (385 chars)

    Just renovated apartment from top to bottom featuring new bathroom and kitchen with marble counter top. All new stainless steel appliances with tile/marble flooring throughout all areas. Low monthly maintenance, steps to all major transportation, roads and highways, practically across the street to Metro-North Train/NYC Subway. Additional Information: HeatingFuel:Oil Above Ground,

19. 2020-11-21
    listed $225,000 Active 385-char remark

    Show marketing remark (385 chars)

    Just renovated apartment from top to bottom featuring new bathroom and kitchen with marble counter top. All new stainless steel appliances with tile/marble flooring throughout all areas. Low monthly maintenance, steps to all major transportation, roads and highways, practically across the street to Metro-North Train/NYC Subway. Additional Information: HeatingFuel:Oil Above Ground,

20. 2020-11-20
    historical $225,000 385-char remark

    Show marketing remark (385 chars)

    Just renovated apartment from top to bottom featuring new bathroom and kitchen with marble counter top. All new stainless steel appliances with tile/marble flooring throughout all areas. Low monthly maintenance, steps to all major transportation, roads and highways, practically across the street to Metro-North Train/NYC Subway. Additional Information: HeatingFuel:Oil Above Ground,

21. 2019-06-19
    soldstatus $120,000 Sold 415-char remark

    Show marketing remark (415 chars)

    In the heart of the Woodlawn, a 1 bedroom waits for you in an elevator operated mid-rise. This building is financially sound and well maintained. Updated laundry and LED lighting throughout the common areas = low maintenance! Hardwood floors throughout. Painting to be completed. Close to all forms of public transportation making it a no brainer for commuters. Additional Information: HeatingFuel:Oil Above Ground,

22. 2019-03-29
    status Pending 415-char remark

    Show marketing remark (415 chars)

    In the heart of the Woodlawn, a 1 bedroom waits for you in an elevator operated mid-rise. This building is financially sound and well maintained. Updated laundry and LED lighting throughout the common areas = low maintenance! Hardwood floors throughout. Painting to be completed. Close to all forms of public transportation making it a no brainer for commuters. Additional Information: HeatingFuel:Oil Above Ground,

23. 2019-01-30
    listed $143,000 Active 415-char remark

    Show marketing remark (415 chars)

    In the heart of the Woodlawn, a 1 bedroom waits for you in an elevator operated mid-rise. This building is financially sound and well maintained. Updated laundry and LED lighting throughout the common areas = low maintenance! Hardwood floors throughout. Painting to be completed. Close to all forms of public transportation making it a no brainer for commuters. Additional Information: HeatingFuel:Oil Above Ground,

24. 2013-08-01
    historical
25. 2013-07-31
    historical
26. 2013-05-17
    price
27. 2013-01-28
    listed Active
28. 2013-01-28
    listed $95,000

ⓘ 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: $23,793
• − Mortgage interest: −$9,467
• − Property taxes: −$2,535
• − Insurance: −$845
• − Repairs & maintenance: −$1,903
• − Management: −$1,903
• − Depreciation: −$4,916
• Taxable income: $2,223
• Est. tax owed @ 24.0%: −$534
• After-tax cash flow: $4,248/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

+77.9% since first listed

18 events — show timeline

• 2026-04-14 Price Changed $169,000 OneKey® MLS as Distributed by MLS Grid
• 2026-03-05 Relisted — OneKey® MLS as Distributed by MLS Grid
• 2026-03-05 Price Changed $174,000 OneKey® MLS as Distributed by MLS Grid
• 2025-10-20 Price Changed $180,000 OneKey® MLS as Distributed by MLS Grid
• 2025-10-06 Listed $185,000 OneKey® MLS as Distributed by MLS Grid
• 2021-08-12 Sold (MLS) $175,000 OneKey® MLS as Distributed by MLS Grid
• 2021-07-08 Pending — OneKey® MLS as Distributed by MLS Grid
• 2021-03-03 Price Changed $181,000 OneKey® MLS as Distributed by MLS Grid
• 2020-11-21 Listed $225,000 OneKey® MLS as Distributed by MLS Grid
• 2020-11-20 Coming Soon $225,000 OneKey® MLS as Distributed by MLS Grid
• 2019-06-19 Sold (MLS) $120,000 OneKey® MLS as Distributed by MLS Grid
• 2019-03-29 Pending — OneKey® MLS as Distributed by MLS Grid
• 2019-01-30 Listed $143,000 OneKey® MLS as Distributed by MLS Grid
• 2013-08-01 Delisted — HGMLS
• 2013-07-31 Listing Removed — OneKey® MLS as Distributed by MLS Grid
• 2013-05-17 Price Changed — HGMLS
• 2013-01-28 Listed — HGMLS
• 2013-01-28 Listed $95,000 OneKey® MLS as Distributed by MLS Grid