135 Main St #203 · Ossining, NY 10562

$210,000

2 bd · 1.0 ba · 951 sqft · Condo · 475 Days on market

Built 1874 Good condition $221/sqft · 23% below area Est $272k · 23% under $560/mo HOA · 20% of rent ↓ 31% since listing

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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 +18.6/30.0
• ARV discount +15.0/15.0
• 1% rule +8.4/10.0
• Schools +6.4/10.0
• DSCR +5.8/10.0
• Livability +4.0/5.0
• Condition / age +4.0/5.0
• Rent growth +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Fully available as f 1/7/2026. Exciting 2-bedroom condo in the Village of Ossining! Enjoy the lifestyle of convenience. Walk to train, restaurants, stores, farmers market, festivals, waterfront park, community recreation center, library, and more. Cats and dogs friendly (limit 2 per unit)! As an owner, you can obtain a parking permit for both the village and train station. This property is a part of "fair and affordable" housing. Per affordability restrictions under the HOME program, the potential new owner(s) income may not exceed 80% of the Westchester County area median income (As of May 15, 2025, those limits are: 2 person - $108,800, 3 person - $122,400, 4 person - $136,000, 5 person - $146,900). Income limits are subject to change. MUST be occupied as a primary residence (no investors) and have a minimum of 2 people in the family. The affordable sale price is $303,074 (your offer price may not exceed that amount) ***AGENTS – MUST see confidential remarks and all MLS listing attachments for additional instructions***

Key facts

• Walk to restaurants
• Walk to train
• Walk to stores

Tags

• WALK TO TRAIN
• WALK TO RESTAURANTS
• WALK TO STORES
• WALK TO FARMERS MARKET
• WALK TO FESTIVALS
• WALK TO WATERFRONT PARK

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath condo listed at $210k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $204 ($2k/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: $185k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.5% vs local median 2.9% in Ossining — 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 80/100 on livability (#116 in NY, #1,876 nationally) — a professional / high-income tenant draw. Strengths: commute A+, employment A+, health & safety A; Watch: schools D+, cost of living F.
• Ossining Union Free School District (suburban): math 72% / reading 72% proficiency, ranked #104 of 590 in NY (top 18%) — strong family-tenant draw, lease renewals of 3-5y typical.
• Market conditions: 134 active listings in the ZIP; 22 comparable units currently listed for rent nearby; rentals at typical pace (median 19d 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.

Negotiation context

• It's been on market 475 days — a 12% lower offer ($185k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts; this cycle's ask has dropped $93k (31%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1874 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $184,800 (12.0% below list)

Questions for the listing agent

1. It's been on market 475 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 1874 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. 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?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
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: 1.34% ✓
• Cap rate: 7.46%
• Cash-on-cash: 4.16%
• DSCR: 1.18
• GRM: 6.2

CMA / ARV

• ARV (median comp): $272,205
• List price: $210,000
• Delta: -22.85%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: -9.6%
• Equity multiple: 0.65×
• Total profit: $-20,668
• Equity at exit: $31,312

10-year hold

• IRR: 0.1%
• Equity multiple: 1.00×
• Total profit: $279
• 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 10562

• Active inventory: 134
• Price-to-rent: 6.2×

Monthly cashflow live

• Estimated rent: $2,804 high
• Mortgage (P&I): −$1,101
• Tax est. 1.5%: −$262 /mo · $3,150/yr
• Insurance: −$88
• HOA: −$560
• Vacancy / Maint / Mgmt: −$589
• Net cashflow: $204

Break-even live

Break-even rent $2,546

Max offer price $210,000

Occupancy floor 88%

Sensitivity live

Price	-10% $349	-5% $276	+0% $204	+5% $131	+10% $59
Rent	-10% $-18	-5% $93	+0% $204	+5% $314	+10% $425
Rate	-1.0pp $309	-0.5pp $257	base $204	+0.5pp $149	+1.0pp $94

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 22 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5 Brandreth St Unit 2B Ossining, NY	2.0	2.0	1000	$3,000	$3.00	44d	1	0.06mi
40 S Highland Ave Unit 14 Ossining, NY	1.0	1.0	800	$2,300	$2.88	19d	1	0.18mi
13 Hunter St Unit 2 Ossining, NY	3.0	1.0	775	$3,450	$4.45	44d	1	0.22mi
87 Snowden Ave Ossining, NY	2.0	1.0	528	$1,900	$3.60	11d	1	0.28mi
20 Broad Ave Ossining, NY	1.0	1.0	600	$2,190	$3.65	44d	1	0.28mi
20 Broad Ave Apt 2D Ossining, NY	1.0	1.0	600	$2,190	$3.65	25d	1	0.28mi
1 Harbor Sq Ossining, NY	1.0–2.0	1.0–2.5	894	$5,795	$6.48	2d	8	0.39mi
11 Maurice Ave Unit 3 Ossining, NY	2.0	1.0	800	$3,000	$3.75	11d	1	0.40mi
188 Spring St Unit 4 Ossining, NY	2.0	1.0	797	$2,850	$3.58	3d	1	0.42mi
76 State St Unit 10 Ossining, NY	3.0	1.0	1100	$2,750	$2.50	44d	1	0.45mi
90 S Highland Ave Unit 6 Ossining, NY	2.0	1.5	1092	$3,500	$3.21	5d	1	0.46mi
87 S Highland Ave Apt B27* Ossining, NY	2.0	1.0	950	$2,650	$2.79	5d	1	0.48mi
81 S Highland Ave Apt B3 Ossining, NY	1.0	1.0	700	$2,250	$3.21	25d	1	0.48mi
85 S Highland Ave Ossining, NY	2.0	1.0	950	$2,300	$2.42	44d	1	0.53mi
103 Croton Ave Unit 4 Ossining, NY	1.0	1.0	700	$2,150	$3.07	18d	1	0.55mi
29 Dale Ave Ossining, NY	2.0	1.0	800	$2,800	$3.50	19d	1	0.61mi
24 Claremont Gdns Ossining, NY	1.0–3.0	1.0–1.5	625	$2,700	$4.32	2d	3	0.63mi
2 John St #2 Ossining, NY	2.0	1.0	850	$2,750	$3.24	44d	1	0.64mi
269 Spring St Unit 2nd Floor Ossining, NY	1.0	1.0	900	$2,500	$2.78	11d	1	0.79mi
48 Ferris Pl Ossining, NY	3.0	1.0	1080	$3,000	$2.78	19d	1	0.86mi
217 N Highland Ave Ossining, NY	1.0–3.0	1.0–2.0	1075	$4,057	$3.77	2d	4	0.93mi
42 Cedar Ln Ossining, NY	1.0–2.0	1.0–1.5	975	$2,995	$3.07	2d	1	0.98mi

HOA detail condo

• Monthly dues: $560 · $6,720/yr
• Likely covers: water
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 22 events

1. 2026-06-10
   status $210,000 Pending 475 DOM
2. 2026-06-09
   days on market $210,000 Active 475 DOM
3. 2026-06-08
   days on market $210,000 Active 474 DOM
4. 2026-06-07
   days on market $210,000 Active 473 DOM
5. 2026-06-04
   days on market $210,000 Active 470 DOM
6. 2026-06-03
   days on market $210,000 Active 469 DOM
7. 2026-06-02
   days on market $210,000 Active 468 DOM
8. 2026-06-01
   days on market $210,000 Active 467 DOM
9. 2026-05-31
   days on market $210,000 Active 466 DOM
10. 2026-03-20
    price $210,000 1054-char remark

    Show marketing remark (1054 chars)

    Fully available as f 1/7/2026. Exciting 2-bedroom condo in the Village of Ossining! Enjoy the lifestyle of convenience. Walk to train, restaurants, stores, farmers market, festivals, waterfront park, community recreation center, library, and more. Cats and dogs friendly (limit 2 per unit)! As an owner, you can obtain a parking permit for both the village and train station. This property is a part of "fair and affordable" housing. Per affordability restrictions under the HOME program, the potential new owner(s) income may not exceed 80% of the Westchester County area median income (As of May 15, 2025, those limits are: 2 person - $108,800, 3 person - $122,400, 4 person - $136,000, 5 person - $146,900). Income limits are subject to change. MUST be occupied as a primary residence (no investors) and have a minimum of 2 people in the family. The affordable sale price is $303,074 (your offer price may not exceed that amount) ***AGENTS – MUST see confidential remarks and all MLS listing attachments for additional instructions***

11. 2026-02-19
    price $215,000 1054-char remark

    Show marketing remark (1054 chars)

    Fully available as f 1/7/2026. Exciting 2-bedroom condo in the Village of Ossining! Enjoy the lifestyle of convenience. Walk to train, restaurants, stores, farmers market, festivals, waterfront park, community recreation center, library, and more. Cats and dogs friendly (limit 2 per unit)! As an owner, you can obtain a parking permit for both the village and train station. This property is a part of "fair and affordable" housing. Per affordability restrictions under the HOME program, the potential new owner(s) income may not exceed 80% of the Westchester County area median income (As of May 15, 2025, those limits are: 2 person - $108,800, 3 person - $122,400, 4 person - $136,000, 5 person - $146,900). Income limits are subject to change. MUST be occupied as a primary residence (no investors) and have a minimum of 2 people in the family. The affordable sale price is $303,074 (your offer price may not exceed that amount) ***AGENTS – MUST see confidential remarks and all MLS listing attachments for additional instructions***

12. 2026-01-16
    price $228,000 1054-char remark

    Show marketing remark (1054 chars)

    Fully available as f 1/7/2026. Exciting 2-bedroom condo in the Village of Ossining! Enjoy the lifestyle of convenience. Walk to train, restaurants, stores, farmers market, festivals, waterfront park, community recreation center, library, and more. Cats and dogs friendly (limit 2 per unit)! As an owner, you can obtain a parking permit for both the village and train station. This property is a part of "fair and affordable" housing. Per affordability restrictions under the HOME program, the potential new owner(s) income may not exceed 80% of the Westchester County area median income (As of May 15, 2025, those limits are: 2 person - $108,800, 3 person - $122,400, 4 person - $136,000, 5 person - $146,900). Income limits are subject to change. MUST be occupied as a primary residence (no investors) and have a minimum of 2 people in the family. The affordable sale price is $303,074 (your offer price may not exceed that amount) ***AGENTS – MUST see confidential remarks and all MLS listing attachments for additional instructions***

13. 2026-01-08
    status Active 1054-char remark

    Show marketing remark (1054 chars)

    Fully available as f 1/7/2026. Exciting 2-bedroom condo in the Village of Ossining! Enjoy the lifestyle of convenience. Walk to train, restaurants, stores, farmers market, festivals, waterfront park, community recreation center, library, and more. Cats and dogs friendly (limit 2 per unit)! As an owner, you can obtain a parking permit for both the village and train station. This property is a part of "fair and affordable" housing. Per affordability restrictions under the HOME program, the potential new owner(s) income may not exceed 80% of the Westchester County area median income (As of May 15, 2025, those limits are: 2 person - $108,800, 3 person - $122,400, 4 person - $136,000, 5 person - $146,900). Income limits are subject to change. MUST be occupied as a primary residence (no investors) and have a minimum of 2 people in the family. The affordable sale price is $303,074 (your offer price may not exceed that amount) ***AGENTS – MUST see confidential remarks and all MLS listing attachments for additional instructions***

14. 2025-10-06
    price $240,000 1054-char remark

    Show marketing remark (1054 chars)

    Fully available as f 1/7/2026. Exciting 2-bedroom condo in the Village of Ossining! Enjoy the lifestyle of convenience. Walk to train, restaurants, stores, farmers market, festivals, waterfront park, community recreation center, library, and more. Cats and dogs friendly (limit 2 per unit)! As an owner, you can obtain a parking permit for both the village and train station. This property is a part of "fair and affordable" housing. Per affordability restrictions under the HOME program, the potential new owner(s) income may not exceed 80% of the Westchester County area median income (As of May 15, 2025, those limits are: 2 person - $108,800, 3 person - $122,400, 4 person - $136,000, 5 person - $146,900). Income limits are subject to change. MUST be occupied as a primary residence (no investors) and have a minimum of 2 people in the family. The affordable sale price is $303,074 (your offer price may not exceed that amount) ***AGENTS – MUST see confidential remarks and all MLS listing attachments for additional instructions***

15. 2025-08-21
    price $250,000 1054-char remark

    Show marketing remark (1054 chars)

    Fully available as f 1/7/2026. Exciting 2-bedroom condo in the Village of Ossining! Enjoy the lifestyle of convenience. Walk to train, restaurants, stores, farmers market, festivals, waterfront park, community recreation center, library, and more. Cats and dogs friendly (limit 2 per unit)! As an owner, you can obtain a parking permit for both the village and train station. This property is a part of "fair and affordable" housing. Per affordability restrictions under the HOME program, the potential new owner(s) income may not exceed 80% of the Westchester County area median income (As of May 15, 2025, those limits are: 2 person - $108,800, 3 person - $122,400, 4 person - $136,000, 5 person - $146,900). Income limits are subject to change. MUST be occupied as a primary residence (no investors) and have a minimum of 2 people in the family. The affordable sale price is $303,074 (your offer price may not exceed that amount) ***AGENTS – MUST see confidential remarks and all MLS listing attachments for additional instructions***

16. 2025-07-07
    price $265,000 1054-char remark

    Show marketing remark (1054 chars)

    Fully available as f 1/7/2026. Exciting 2-bedroom condo in the Village of Ossining! Enjoy the lifestyle of convenience. Walk to train, restaurants, stores, farmers market, festivals, waterfront park, community recreation center, library, and more. Cats and dogs friendly (limit 2 per unit)! As an owner, you can obtain a parking permit for both the village and train station. This property is a part of "fair and affordable" housing. Per affordability restrictions under the HOME program, the potential new owner(s) income may not exceed 80% of the Westchester County area median income (As of May 15, 2025, those limits are: 2 person - $108,800, 3 person - $122,400, 4 person - $136,000, 5 person - $146,900). Income limits are subject to change. MUST be occupied as a primary residence (no investors) and have a minimum of 2 people in the family. The affordable sale price is $303,074 (your offer price may not exceed that amount) ***AGENTS – MUST see confidential remarks and all MLS listing attachments for additional instructions***

17. 2025-06-03
    price $275,000 1054-char remark

    Show marketing remark (1054 chars)

    Fully available as f 1/7/2026. Exciting 2-bedroom condo in the Village of Ossining! Enjoy the lifestyle of convenience. Walk to train, restaurants, stores, farmers market, festivals, waterfront park, community recreation center, library, and more. Cats and dogs friendly (limit 2 per unit)! As an owner, you can obtain a parking permit for both the village and train station. This property is a part of "fair and affordable" housing. Per affordability restrictions under the HOME program, the potential new owner(s) income may not exceed 80% of the Westchester County area median income (As of May 15, 2025, those limits are: 2 person - $108,800, 3 person - $122,400, 4 person - $136,000, 5 person - $146,900). Income limits are subject to change. MUST be occupied as a primary residence (no investors) and have a minimum of 2 people in the family. The affordable sale price is $303,074 (your offer price may not exceed that amount) ***AGENTS – MUST see confidential remarks and all MLS listing attachments for additional instructions***

18. 2025-05-20
    status Active 1054-char remark

    Show marketing remark (1054 chars)

    Fully available as f 1/7/2026. Exciting 2-bedroom condo in the Village of Ossining! Enjoy the lifestyle of convenience. Walk to train, restaurants, stores, farmers market, festivals, waterfront park, community recreation center, library, and more. Cats and dogs friendly (limit 2 per unit)! As an owner, you can obtain a parking permit for both the village and train station. This property is a part of "fair and affordable" housing. Per affordability restrictions under the HOME program, the potential new owner(s) income may not exceed 80% of the Westchester County area median income (As of May 15, 2025, those limits are: 2 person - $108,800, 3 person - $122,400, 4 person - $136,000, 5 person - $146,900). Income limits are subject to change. MUST be occupied as a primary residence (no investors) and have a minimum of 2 people in the family. The affordable sale price is $303,074 (your offer price may not exceed that amount) ***AGENTS – MUST see confidential remarks and all MLS listing attachments for additional instructions***

19. 2025-05-20
    historical 1054-char remark

    Show marketing remark (1054 chars)

    Fully available as f 1/7/2026. Exciting 2-bedroom condo in the Village of Ossining! Enjoy the lifestyle of convenience. Walk to train, restaurants, stores, farmers market, festivals, waterfront park, community recreation center, library, and more. Cats and dogs friendly (limit 2 per unit)! As an owner, you can obtain a parking permit for both the village and train station. This property is a part of "fair and affordable" housing. Per affordability restrictions under the HOME program, the potential new owner(s) income may not exceed 80% of the Westchester County area median income (As of May 15, 2025, those limits are: 2 person - $108,800, 3 person - $122,400, 4 person - $136,000, 5 person - $146,900). Income limits are subject to change. MUST be occupied as a primary residence (no investors) and have a minimum of 2 people in the family. The affordable sale price is $303,074 (your offer price may not exceed that amount) ***AGENTS – MUST see confidential remarks and all MLS listing attachments for additional instructions***

20. 2025-04-25
    price $285,000 1054-char remark

    Show marketing remark (1054 chars)

    Fully available as f 1/7/2026. Exciting 2-bedroom condo in the Village of Ossining! Enjoy the lifestyle of convenience. Walk to train, restaurants, stores, farmers market, festivals, waterfront park, community recreation center, library, and more. Cats and dogs friendly (limit 2 per unit)! As an owner, you can obtain a parking permit for both the village and train station. This property is a part of "fair and affordable" housing. Per affordability restrictions under the HOME program, the potential new owner(s) income may not exceed 80% of the Westchester County area median income (As of May 15, 2025, those limits are: 2 person - $108,800, 3 person - $122,400, 4 person - $136,000, 5 person - $146,900). Income limits are subject to change. MUST be occupied as a primary residence (no investors) and have a minimum of 2 people in the family. The affordable sale price is $303,074 (your offer price may not exceed that amount) ***AGENTS – MUST see confidential remarks and all MLS listing attachments for additional instructions***

21. 2025-03-26
    price $295,000 1054-char remark

    Show marketing remark (1054 chars)

    Fully available as f 1/7/2026. Exciting 2-bedroom condo in the Village of Ossining! Enjoy the lifestyle of convenience. Walk to train, restaurants, stores, farmers market, festivals, waterfront park, community recreation center, library, and more. Cats and dogs friendly (limit 2 per unit)! As an owner, you can obtain a parking permit for both the village and train station. This property is a part of "fair and affordable" housing. Per affordability restrictions under the HOME program, the potential new owner(s) income may not exceed 80% of the Westchester County area median income (As of May 15, 2025, those limits are: 2 person - $108,800, 3 person - $122,400, 4 person - $136,000, 5 person - $146,900). Income limits are subject to change. MUST be occupied as a primary residence (no investors) and have a minimum of 2 people in the family. The affordable sale price is $303,074 (your offer price may not exceed that amount) ***AGENTS – MUST see confidential remarks and all MLS listing attachments for additional instructions***

22. 2025-02-19
    listed $303,074 Active 1054-char remark

    Show marketing remark (1054 chars)

    Fully available as f 1/7/2026. Exciting 2-bedroom condo in the Village of Ossining! Enjoy the lifestyle of convenience. Walk to train, restaurants, stores, farmers market, festivals, waterfront park, community recreation center, library, and more. Cats and dogs friendly (limit 2 per unit)! As an owner, you can obtain a parking permit for both the village and train station. This property is a part of "fair and affordable" housing. Per affordability restrictions under the HOME program, the potential new owner(s) income may not exceed 80% of the Westchester County area median income (As of May 15, 2025, those limits are: 2 person - $108,800, 3 person - $122,400, 4 person - $136,000, 5 person - $146,900). Income limits are subject to change. MUST be occupied as a primary residence (no investors) and have a minimum of 2 people in the family. The affordable sale price is $303,074 (your offer price may not exceed that amount) ***AGENTS – MUST see confidential remarks and all MLS listing attachments for additional instructions***

ⓘ 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 ≥100°F today · 16 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 23% 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: $33,645
• − Mortgage interest: −$11,763
• − Property taxes: −$3,150
• − Insurance: −$1,050
• − Repairs & maintenance: −$2,692
• − Management: −$2,692
• − HOA: −$6,720
• − Depreciation: −$6,109
• Taxable loss: −$530
• Est. tax savings @ 24.0%: +$127
• After-tax cash flow: $2,572/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.

Condition & rehab AI · 12 photos

Good 80/100 Cosmetic rehab

This 2-bedroom condo is in excellent condition with modern updates and a prime location. Ready for immediate move-in.

Value-add opportunities

• Resale Paint exterior — Enhances curb appeal and property value
• Rental Replace air filters — Improves air quality and tenant satisfaction

Renovation cost estimate screening

Value-add ROI direction

• Resale Paint exterior — Enhances curb appeal and property value ↑
• Rental Replace air filters — Improves air quality and tenant satisfaction ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Ossining Union Free School District
• NCES district ID: 3622020
• Math proficiency: 72% ▲ 27.00%
• Reading proficiency: 72% ▲ 25.00%
• Median HH income: $78,402
• Composite: 63.75/100
• National rank: #599
• State rank: #104 of 590 in NY

Livability — Ossining

• Score: 80/100
• State rank: #116
• US rank: #1876

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Ossining, NY
• County: Westchester County · 709,332 people
• City population: 33,793
• Metro: New York-Newark-Jersey City, NY-NJ-PA
• Population (ZIP): 33,793
• Household income: $115,697
• Rent vs Own: 40.1% rent · 59.9% own
• Severe rent burden: 1248.0

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: Diverse neighborhood (Simpson 0.63)
• Race & ethnicity: White 47% Hispanic / Latino 37% Two or more races 11% Black 8% Asian 4%
• Hispanic origin (detail): Puerto Rican 6% Cuban 2% Dominican 3%
• Common ancestry: Romanian 3% Scotch-Irish 3% Italian 2%
• Foreign-born: 28% · Canada, Jamaica, China
• Languages at home: 59% English-only · Spanish 31% Other Indo-European 4% Russian/Polish/Slavic 1%

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: ▼ -605.12%
• Current HPI: 251.6831
• 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

-30.7% since first listed

13 events — show timeline

• 2026-03-20 Price Changed $210,000 OneKey® MLS as Distributed by MLS Grid
• 2026-02-19 Price Changed $215,000 OneKey® MLS as Distributed by MLS Grid
• 2026-01-16 Price Changed $228,000 OneKey® MLS as Distributed by MLS Grid
• 2026-01-08 Relisted — OneKey® MLS as Distributed by MLS Grid
• 2025-10-06 Price Changed $240,000 OneKey® MLS as Distributed by MLS Grid
• 2025-08-21 Price Changed $250,000 OneKey® MLS as Distributed by MLS Grid
• 2025-07-07 Price Changed $265,000 OneKey® MLS as Distributed by MLS Grid
• 2025-06-03 Price Changed $275,000 OneKey® MLS as Distributed by MLS Grid
• 2025-05-20 Relisted — OneKey® MLS as Distributed by MLS Grid
• 2025-05-20 Listing Removed — OneKey® MLS as Distributed by MLS Grid
• 2025-04-25 Price Changed $285,000 OneKey® MLS as Distributed by MLS Grid
• 2025-03-26 Price Changed $295,000 OneKey® MLS as Distributed by MLS Grid
• 2025-02-19 Listed $303,074 OneKey® MLS as Distributed by MLS Grid