108 Marshall Dr · Selden, NY 11784

$549,999

4 bd · 1.0 ba · 1,374 sqft · SingleFamily public records · 30 Days on market

Built 1956 0.36 ac lot $400/sqft · 15% below area Est $650k · 15% under

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Why this score? — see what drove the D 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).

• ARV discount +14.4/15.0
• Cash flow +8.5/30.0
• Schools +5.3/10.0
• Livability +3.3/5.0
• 1% rule +2.6/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• DSCR +2.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Priced to Sell! Welcome home! This renovated and meticulously maintained 4-bedroom, 1-full bath expanded cape boasts a bright and airy ambiance throughout. With a brand new architectural roof, new vinyl siding, and updated windows, worry-free living awaits. Step into the beautifully remodeled kitchen featuring cherry cabinets, granite counters, and stainless steel appliances, perfect for culinary adventures. Hardwood floors grace every room, creating a seamless flow of elegance. There is the added convenience of a 1-car attached garage and ample parking! Located on a block with sidewalk-lined streets, everyday living is enhanced. Outside, the oversized property beckons with the promise of relaxation and entertainment, offering ample space for an in-ground pool. With low taxes and irresistible charm, this gem is a must-see and will not last!, Additional information: Appearance:Mint++,Separate Hotwater Heater:N

Key facts

• 0.36 acre lot
• Garage
• Built 1956

Property features AI

Exterior

• Parking: Attached garage (1 car)
• Utilities: Cesspool sewer; Electricity connected; Natural gas connected; Water connected
• Home design: Single-family residence; Updated/remodeled; Two levels
• Construction: Vinyl siding
• Exterior features: Level lot; Back yard fencing; Not waterfront

Interior

• Kitchen: Dishwasher; Electric range; Refrigerator; Open kitchen layout; Quartz/Quartzite countertops
• Bedrooms: Two-level home (bedroom layout includes a first-floor bedroom)
• Flooring: Laminate flooring
• Bathrooms: 1 full bathroom
• Heating & cooling: Central air conditioning; Forced air heating (natural gas)
• Interior features: First-floor bedroom; Formal dining room; Open floor plan; Open kitchen; Master bedroom on the main level; Quartz/Quartzite counters; Recessed lighting; Crawl space basement
• Laundry & utility: Washer; Dryer; Laundry area located in the garage

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $550k.

Deal economics

• At list price, monthly cash flow is $-480 ($-6k/yr) — negative.
• To cash-flow at today's rent, offer at most $465k (15.4% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $420k (23.6% below list).
• Recommended offer: $420k (23.6% below list) — sets the bar for 1% rule.
• Cap rate 5.2% vs local median 4.4% in Selden — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 66/100 on livability (#637 in NY) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A+, health & safety B; Watch: crime C-, amenities F, commute F.
• Middle Country Central School District (suburban): math 60% / reading 56% proficiency, ranked #217 of 590 in NY (top 37%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Selden Middle School (math 42% / reading 52%, grade D+, #315 of 729 statewide, top 45%, 1,058 students, 37% FRL); Newfield High School (math 77% / reading 77%, grade A-, #583 of 1,100 statewide, top 56%, 1,559 students, 35% FRL).
• Market conditions: 119 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 1,366 units permitted in Suffolk County in 2024 (216 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $4k of loan paydown is wiped out by about $16k of value loss. Plan a longer hold.
• Suffolk County population projected to shrink 5% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• It's been on market 30 days — a 2% lower offer ($542k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 10y 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.

Risks & watch-outs

• Watch-outs: built in 1956 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $420,254 (23.6% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. Built in 1956 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.76% ✗
• Cap rate: 5.25%
• Cash-on-cash: -3.74%
• DSCR: 0.83
• GRM: 10.9

CMA / ARV

• ARV (median comp): $649,961
• List price: $549,999
• Delta: -15.38%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
22 Larry Rd	0.09mi	4/1.5	1,400 (+2%)	5mo	$601,000	$429	87
7 Heather Ct	0.37mi	4/1.0	1,410 (+3%)	4mo	$560,000	$397	75
16 Larry Rd	0.11mi	4/2.0	1,481 (+8%)	6mo	$652,700	$441	73
90 Selden Blvd	0.11mi	3/2.5 (-1)	1,251 (-9%)	2mo	$635,000	$508	68
21 Larry Rd	0.14mi	3/2.0 (-1)	1,481 (+8%)	6mo	$585,000	$395	67
33 N Coleman Rd	0.45mi	3/2.0 (-1)	1,400 (+2%)	1mo	$650,000	$464	66
3 Bellrose Ave	0.16mi	4/2.0	1,545 (+12%)	4mo	$675,000	$437	65
72 Ruland Rd	0.45mi	5/2.0 (+1)	1,400 (+2%)	5mo	$633,000	$452	63
1 Washington Ave	0.47mi	3/2.0 (-1)	1,333 (-3%)	6mo	$720,000	$540	59
50 Peconic St	0.69mi	4/1.0	1,450 (+6%)	5mo	$525,000	$362	55
21 Jackson Ave	0.62mi	4/1.0	1,200 (-13%)	4mo	$585,000	$488	47
134 Boyle Rd	0.62mi	3/1.0 (-1)	1,221 (-11%)	2mo	$545,000	$446	46

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: -22.6%
• Equity multiple: 0.22×
• Total profit: $-119,612
• Equity at exit: $82,007

10-year hold

• IRR: -16.8%
• Equity multiple: 0.07×
• Total profit: $-143,241
• Equity at exit: $47,554

Cash invested: $154,000 (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 11784

• Active inventory: 119
• Price-to-rent: 10.9×

Monthly cashflow live

• Estimated rent: $4,203 medium
• Mortgage (P&I): −$2,884
• Tax from tax record: −$686 /mo · $8,235/yr
• Insurance: −$229
• HOA: −$0
• Vacancy / Maint / Mgmt: −$883
• Net cashflow: $-480

Break-even live

Break-even rent $4,810

Max offer price $465,262

Occupancy floor —

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: $137,500
• Closing costs: $16,500
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
127 Berkeley Ave Selden, NY	5.0	2.0	1598	$4,500	$2.82	19d	1	0.70mi
92 Dare Rd Selden, NY	3.0	1.0	1008	$3,600	$3.57	19d	1	1.22mi

Listing history 21 events

1. 2026-06-07
   statusdays on market $549,999 Pending 30 DOM
2. 2026-06-04
   days on market $549,999 Active 29 DOM
3. 2026-06-03
   days on market $549,999 Active 28 DOM
4. 2026-06-02
   days on market $549,999 Active 27 DOM
5. 2026-06-01
   days on market $549,999 Active 26 DOM
6. 2026-05-31
   days on market $549,999 Active 25 DOM
7. 2026-04-01
   listed $549,999 Active 1116-char remark
8. 2024-09-25
   soldstatus $480,000
9. 2024-08-08
   soldstatus $480,000 Closed 922-char remark

   Show marketing remark (922 chars)

   Priced to Sell! Welcome home! This renovated and meticulously maintained 4-bedroom, 1-full bath expanded cape boasts a bright and airy ambiance throughout. With a brand new architectural roof, new vinyl siding, and updated windows, worry-free living awaits. Step into the beautifully remodeled kitchen featuring cherry cabinets, granite counters, and stainless steel appliances, perfect for culinary adventures. Hardwood floors grace every room, creating a seamless flow of elegance. There is the added convenience of a 1-car attached garage and ample parking! Located on a block with sidewalk-lined streets, everyday living is enhanced. Outside, the oversized property beckons with the promise of relaxation and entertainment, offering ample space for an in-ground pool. With low taxes and irresistible charm, this gem is a must-see and will not last!, Additional information: Appearance:Mint++,Separate Hotwater Heater:N

10. 2024-06-06
    status Pending 922-char remark

    Show marketing remark (922 chars)

    Priced to Sell! Welcome home! This renovated and meticulously maintained 4-bedroom, 1-full bath expanded cape boasts a bright and airy ambiance throughout. With a brand new architectural roof, new vinyl siding, and updated windows, worry-free living awaits. Step into the beautifully remodeled kitchen featuring cherry cabinets, granite counters, and stainless steel appliances, perfect for culinary adventures. Hardwood floors grace every room, creating a seamless flow of elegance. There is the added convenience of a 1-car attached garage and ample parking! Located on a block with sidewalk-lined streets, everyday living is enhanced. Outside, the oversized property beckons with the promise of relaxation and entertainment, offering ample space for an in-ground pool. With low taxes and irresistible charm, this gem is a must-see and will not last!, Additional information: Appearance:Mint++,Separate Hotwater Heater:N

11. 2024-05-24
    price $449,996 922-char remark

    Show marketing remark (922 chars)

    Priced to Sell! Welcome home! This renovated and meticulously maintained 4-bedroom, 1-full bath expanded cape boasts a bright and airy ambiance throughout. With a brand new architectural roof, new vinyl siding, and updated windows, worry-free living awaits. Step into the beautifully remodeled kitchen featuring cherry cabinets, granite counters, and stainless steel appliances, perfect for culinary adventures. Hardwood floors grace every room, creating a seamless flow of elegance. There is the added convenience of a 1-car attached garage and ample parking! Located on a block with sidewalk-lined streets, everyday living is enhanced. Outside, the oversized property beckons with the promise of relaxation and entertainment, offering ample space for an in-ground pool. With low taxes and irresistible charm, this gem is a must-see and will not last!, Additional information: Appearance:Mint++,Separate Hotwater Heater:N

12. 2024-05-11
    price $489,996 922-char remark

    Show marketing remark (922 chars)

    Priced to Sell! Welcome home! This renovated and meticulously maintained 4-bedroom, 1-full bath expanded cape boasts a bright and airy ambiance throughout. With a brand new architectural roof, new vinyl siding, and updated windows, worry-free living awaits. Step into the beautifully remodeled kitchen featuring cherry cabinets, granite counters, and stainless steel appliances, perfect for culinary adventures. Hardwood floors grace every room, creating a seamless flow of elegance. There is the added convenience of a 1-car attached garage and ample parking! Located on a block with sidewalk-lined streets, everyday living is enhanced. Outside, the oversized property beckons with the promise of relaxation and entertainment, offering ample space for an in-ground pool. With low taxes and irresistible charm, this gem is a must-see and will not last!, Additional information: Appearance:Mint++,Separate Hotwater Heater:N

13. 2024-04-26
    listed $499,996 Active 922-char remark

    Show marketing remark (922 chars)

    Priced to Sell! Welcome home! This renovated and meticulously maintained 4-bedroom, 1-full bath expanded cape boasts a bright and airy ambiance throughout. With a brand new architectural roof, new vinyl siding, and updated windows, worry-free living awaits. Step into the beautifully remodeled kitchen featuring cherry cabinets, granite counters, and stainless steel appliances, perfect for culinary adventures. Hardwood floors grace every room, creating a seamless flow of elegance. There is the added convenience of a 1-car attached garage and ample parking! Located on a block with sidewalk-lined streets, everyday living is enhanced. Outside, the oversized property beckons with the promise of relaxation and entertainment, offering ample space for an in-ground pool. With low taxes and irresistible charm, this gem is a must-see and will not last!, Additional information: Appearance:Mint++,Separate Hotwater Heater:N

14. 2024-04-24
    historical $499,996 922-char remark

    Show marketing remark (922 chars)

    Priced to Sell! Welcome home! This renovated and meticulously maintained 4-bedroom, 1-full bath expanded cape boasts a bright and airy ambiance throughout. With a brand new architectural roof, new vinyl siding, and updated windows, worry-free living awaits. Step into the beautifully remodeled kitchen featuring cherry cabinets, granite counters, and stainless steel appliances, perfect for culinary adventures. Hardwood floors grace every room, creating a seamless flow of elegance. There is the added convenience of a 1-car attached garage and ample parking! Located on a block with sidewalk-lined streets, everyday living is enhanced. Outside, the oversized property beckons with the promise of relaxation and entertainment, offering ample space for an in-ground pool. With low taxes and irresistible charm, this gem is a must-see and will not last!, Additional information: Appearance:Mint++,Separate Hotwater Heater:N

15. 2017-03-13
    soldstatus $90,000
16. 2017-02-09
    soldstatus $90,000

    Show marketing remark (208 chars)

    Short Sale, Subject To 3rd Party Approval! Sold As-Is; Home Is In Need Of Major Repairs! No C/O For Den!, Additional information: Appearance:Poor,Business Located At:,Rental Income:,Separate Hotwater Heater:N

17. 2017-02-09
    soldstatus $90,000 Closed

    Show marketing remark (208 chars)

    Short Sale, Subject To 3rd Party Approval! Sold As-Is; Home Is In Need Of Major Repairs! No C/O For Den!, Additional information: Appearance:Poor,Business Located At:,Rental Income:,Separate Hotwater Heater:N

18. 2016-03-11
    historical
19. 2016-01-18
    listed $149,996 New
20. 2016-01-16
    listed $149,996

    Show marketing remark (208 chars)

    Short Sale, Subject To 3rd Party Approval! Sold As-Is; Home Is In Need Of Major Repairs! No C/O For Den!, Additional information: Appearance:Poor,Business Located At:,Rental Income:,Separate Hotwater Heater:N

21. 1993-08-05
    soldstatus $83,000

ⓘ 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: $8,235 · $686/mo
• Projected year-2 tax: $8,765 · $730/mo
• Expected delta: +$530/yr (+$44/mo · 6.4%)

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

Taxation est. · year 1

• Rental income: $50,430
• − Mortgage interest: −$30,808
• − Property taxes: −$8,235
• − Insurance: −$2,750
• − Repairs & maintenance: −$4,034
• − Management: −$4,034
• − Depreciation: −$16,000
• Taxable loss: −$15,432
• Est. tax savings @ 24.0%: +$3,704
• After-tax cash flow: $-2,052/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: Middle Country Central School District
• NCES district ID: 3619200
• Math proficiency: 60% ▼ -1.00%
• Reading proficiency: 56% ▼ -5.00%
• Median HH income: $86,140
• Composite: 52.89/100
• National rank: #1532
• State rank: #217 of 590 in NY

Livability — Selden

• Score: 66/100
• State rank: #637
• US rank: #11887

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Selden, NY
• City population: 25,986
• Population (ZIP): 25,986

Population outlook (Suffolk County) Hauer SSP2

• Today (2025): 1,505,262 people
• By 2030: 1,498,318 · -0.5%
• By 2040: 1,471,101 · -2.3%
• By 2050: 1,424,848 · -5.3%
• By 2075: 1,337,157 · -11.2%
• By 2100: 1,217,720 · -19.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority White (64%)
• Race & ethnicity: White 64% Hispanic / Latino 21% Two or more races 12% Asian 7% Black 4%
• Hispanic origin (detail): Mexican 1% Puerto Rican 7% Dominican 2%
• Common ancestry: Romanian 4% Lithuanian 2% Scotch-Irish 2%
• Foreign-born: 13% · Canada, China
• Languages at home: 80% English-only · Spanish 12% Other Indo-European 5% Russian/Polish/Slavic 1%

Political lean MEDSL · Suffolk

• 2024 margin: Lean R (+10.0) · D 45.0% · R 55.0%
• 2008→2024 swing: -16.0pp toward R · 2008: 6.0pp · 2024: -10.0pp
• All cycles: 2024: R+10.0 2020: R+0.0 2016: R+8.2 2012: D+2.9 2008: D+6.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -609.27%
• Current HPI: 381.2659
• Rent YoY: —
• Metro: —
• 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

+562.6% since first listed

16 events — show timeline

• 2026-06-05 Pending — OneKey® MLS as Distributed by MLS Grid
• 2026-04-01 Listed $549,999 OneKey® MLS as Distributed by MLS Grid
• 2024-09-25 Sold (Public Records) $480,000 Public Records
• 2024-08-08 Sold (MLS) $480,000 OneKey® MLS as Distributed by MLS Grid
• 2024-06-06 Pending — OneKey® MLS as Distributed by MLS Grid
• 2024-05-24 Price Changed $449,996 OneKey® MLS as Distributed by MLS Grid
• 2024-05-11 Price Changed $489,996 OneKey® MLS as Distributed by MLS Grid
• 2024-04-26 Listed $499,996 OneKey® MLS as Distributed by MLS Grid
• 2024-04-24 Coming Soon $499,996 OneKey® MLS as Distributed by MLS Grid
• 2017-03-13 Sold (Public Records) $90,000 Public Records
• 2017-02-09 Sold (MLS) $90,000 OneKey® MLS as Distributed by MLS Grid
• 2017-02-09 Sold (MLS) $90,000 MLSLI
• 2016-03-11 Delisted — MLSLI
• 2016-01-18 Listed $149,996 MLSLI
• 2016-01-16 Listed $149,996 OneKey® MLS as Distributed by MLS Grid
• 1993-08-05 Sold (Public Records) $83,000 Public Records

Property tax history

+2.8%/yr

Latest (2025): $8,235 · +0.0% YoY. Source: county tax records.