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230 Sickletown Rd
C- Composite 52.86
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 +15.0/30.0
  • ARV discount +12.9/15.0
  • Schools +6.9/10.0
  • 1% rule +4.9/10.0
  • DSCR +4.6/10.0
  • Livability +3.6/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$899,000

230 Sickletown Rd · West Nyack, NY 10994
4 bd · 2.5 ba · 2,585 sqft · SingleFamily public records · 57 Days on market
Built 1954 0.92 ac lot $348/sqft · 12% below area Est $1021k · 12% under ↓ 3% since listing

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Original Mid-Century Modern Home designed by the famous Architect J. Seymour Gurlitz for his very own family in the 1950's. This Contemporary Modern Home highlights the Sophistication of Design intended to Harmonize the home with its Natural Surroundings. The Solid Blue Stone Floors ground us as we enter this home and experience the warmth of Natural Cypress Interiors. Sweeping Walls of Glass are juxtaposed with Bands of Windows at different Levels. Pulling into the home, views of Nature from the attractive surrounding Evergreen Trees, Dog Woods, Rhododendrons and Japanese Tolly Azaleas. The exterior is Solid Redwood and Natural Red Brick to protect the house for years to come. Current Owners have lived here since purchasing the home from the original Architect and his family. Live here and be a part of American Design History...

Key facts

  • Natural red brick
  • Solid redwood
  • 0.92 acre lot

Tags

MID-CENTURY MODERN HOMESOLID BLUE STONE FLOORSNATURAL CYPRESS INTERIORSSWEEPING WALLS OF GLASSSOLID REDWOODNATURAL RED BRICK

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 4-bed/2.5-bath single-family listed at $899k.

Deal economics

  • At list price, monthly cash flow is $286 ($3k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $890k (1.0% below list).
  • Recommended offer: $872k (3.0% below list) — sets the bar for market timing.

Location & tenants

  • Location reads 72/100 on livability (#340 in NY) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: amenities F, cost of living F.
  • Clarkstown Central School District (suburban): math 72% / reading 75% proficiency, ranked #66 of 590 in NY (top 11%) — strong family-tenant draw, lease renewals of 3-5y typical; only 8% free/reduced lunch — higher-income household profile.
  • Market conditions: 46 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 429 units permitted in Rockland County in 2024 (231 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $6k of loan paydown is wiped out by about $27k of value loss. Plan a longer hold.
  • Rockland County population projected at +7% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

  • It's been on market 57 days — a 3% lower offer ($872k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

  • Watch-outs: built in 1954 — 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 $872,030 (3.0% below list)

Questions for the listing agent

  1. It's been on market 57 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
  2. Built in 1954 — 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. Schools are A-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?
  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
0.99%
Cap rate
6.67%
Cash-on-cash
1.36%
DSCR
1.06
GRM
8.4

CMA / ARV

ARV (median comp)
$1,020,658
List price
$899,000
Delta
-11.92%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 11 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
45 Continental Dr 0.31mi 5/3.0 (+1) 2,660 (+3%) 9mo $1,100,000 $414 66
251 Sickletown Rd 0.10mi 3/3.0 (-1) 2,810 (+9%) 11mo $976,000 $347 64
262 E Townline Rd 0.17mi 4/3.5 2,662 (+3%) 23mo $910,000 $342 64
21 Bridge Rd 0.53mi 5/3.5 (+1) 2,609 (+1%) 1mo $901,000 $345 64
26 Jill Dr 0.35mi 5/3.0 (+1) 2,404 (-7%) 4mo $775,000 $322 62
30 Bridge Rd 0.50mi 4/2.5 2,767 (+7%) 16mo $875,000 $316 52
215 Rose Rd 0.67mi 4/3.5 2,406 (-7%) 4mo $785,000 $326 50
37 Continental Dr 0.34mi 3/2.5 (-1) 2,200 (-15%) 6mo $840,000 $382 49
1 Graphic Ct 0.48mi 4/2.5 2,272 (-12%) 19mo $800,000 $352 41
5 Marycrest Rd 0.66mi 4/3.0 2,926 (+13%) 8mo $999,000 $341 39
12 Bridge Rd 0.63mi 4/2.5 2,949 (+14%) 11mo $980,000 $332 38

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
-14.1%
Equity multiple
0.50×
Total profit
$-126,989
Equity at exit
$134,044
10-year hold
IRR
-5.2%
Equity multiple
0.66×
Total profit
$-85,236
Equity at exit
$77,729

Cash invested: $251,720 (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 10994

Active inventory
46
Price-to-rent
8.4×

Monthly cashflow live

Estimated rent
$8,900 medium interval (Pro) →
Mortgage (P&I)
$4,714
Tax from tax record
$1,656 /mo · $19,869/yr
Insurance
$375
HOA
$0
Vacancy / Maint / Mgmt
$1,869
Net cashflow
$286

Break-even live

Break-even rent $8,538
Max offer price $899,000
Occupancy floor 92%

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
$224,750
Closing costs
$26,970
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.

Rent comps 1 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
245 Townline Rd West Nyack, NY 5.0 3.0 3716 $8,900 $2.40 7d 1 0.26mi

Listing history 15 events

  1. 2026-06-18
    days on market $899,000 Active 57 DOM
  2. 2026-06-17
    days on market $899,000 Active 56 DOM
  3. 2026-06-16
    days on market $899,000 Active 55 DOM
  4. 2026-06-15
    days on market $899,000 Active 54 DOM
  5. 2026-06-13
    days on market $899,000 Active 52 DOM
  6. 2026-06-09
    days on market $899,000 Active 48 DOM
  7. 2026-06-08
    days on market $899,000 Active 47 DOM
  8. 2026-06-07
    days on market $899,000 Active 46 DOM
  9. 2026-06-04
    days on market $899,000 Active 43 DOM
  10. 2026-06-03
    days on market $899,000 Active 42 DOM
  11. 2026-06-02
    days on market $899,000 Active 41 DOM
  12. 2026-06-01
    days on market $899,000 Active 40 DOM
  13. 2026-05-31
    days on market $899,000 Active 39 DOM
  14. 2026-05-13
    price $899,000 841-char remark
    Show marketing remark (841 chars)

    Original Mid-Century Modern Home designed by the famous Architect J. Seymour Gurlitz for his very own family in the 1950's. This Contemporary Modern Home highlights the Sophistication of Design intended to Harmonize the home with its Natural Surroundings. The Solid Blue Stone Floors ground us as we enter this home and experience the warmth of Natural Cypress Interiors. Sweeping Walls of Glass are juxtaposed with Bands of Windows at different Levels. Pulling into the home, views of Nature from the attractive surrounding Evergreen Trees, Dog Woods, Rhododendrons and Japanese Tolly Azaleas. The exterior is Solid Redwood and Natural Red Brick to protect the house for years to come. Current Owners have lived here since purchasing the home from the original Architect and his family. Live here and be a part of American Design History...

  15. 2026-04-22
    listed $930,000 Active 841-char remark
    Show marketing remark (841 chars)

    Original Mid-Century Modern Home designed by the famous Architect J. Seymour Gurlitz for his very own family in the 1950's. This Contemporary Modern Home highlights the Sophistication of Design intended to Harmonize the home with its Natural Surroundings. The Solid Blue Stone Floors ground us as we enter this home and experience the warmth of Natural Cypress Interiors. Sweeping Walls of Glass are juxtaposed with Bands of Windows at different Levels. Pulling into the home, views of Nature from the attractive surrounding Evergreen Trees, Dog Woods, Rhododendrons and Japanese Tolly Azaleas. The exterior is Solid Redwood and Natural Red Brick to protect the house for years to come. Current Owners have lived here since purchasing the home from the original Architect and his family. Live here and be a part of American Design History...

ⓘ 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
$19,869 · $1,656/mo
Projected year-2 tax
$19,869 · $1,656/mo
Expected delta
$0/yr ($0/mo · 0.0%)

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

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 3/10 Moderate
  • 🌡 Heat 6/10 Major 7 d/yr ≥100°F today · 15 d/yr by 30 yrs out
  • 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
  • 🫁 Air quality 4/10 Moderate 3 unhealthy d/yr today · 6 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$106,800
− Mortgage interest
−$50,358
− Property taxes
−$19,869
− Insurance
−$4,495
− Repairs & maintenance
−$8,544
− Management
−$8,544
− Depreciation
−$26,153
Taxable loss
−$11,163
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$2,679
After-tax cash flow
$6,113/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
Clarkstown Central School District
NCES district ID
3620340
Math proficiency
72% ▼ -1.00%
Reading proficiency
75% ▲ 6.00%
Median HH income
$115,765
Composite
68.55/100
National rank
#342
State rank
#66 of 590 in NY

Livability — West Nyack

Score
72/100
State rank
#340
US rank
#5764

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
West Nyack, NY
City population
5,925
Population (ZIP)
5,925

Population outlook (Rockland County) Hauer SSP2

Today (2025)
339,642 people
By 2030
345,987 · +1.9%
By 2040
357,178 · +5.2%
By 2050
362,456 · +6.7%
By 2075
367,281 · +8.1%
By 2100
328,211 · -3.4%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (68%)
Race & ethnicity
White 68% Hispanic / Latino 14% Asian 11% Two or more races 6% Black 5%
Hispanic origin (detail)
Puerto Rican 2% Dominican 2%
Common ancestry
Italian 6% Scotch-Irish 3% Iranian 3%
Foreign-born
22% · Canada, Jamaica, South Korea
Languages at home
73% English-only · Spanish 11% Other Indo-European 7% Chinese 2%

Political lean MEDSL · Rockland

2024 margin
R (+11.8) · D 44.1% · R 55.9%
2008→2024 swing
-17.7pp toward R · 2008: 5.9pp · 2024: -11.8pp
All cycles
2024: R+11.8 2020: D+1.7 2016: D+5.1 2012: D+6.6 2008: D+5.9

Not yet ingested

Civics

Market trends

HPI YoY
▼ -402.04%
Current HPI
247.615
Rent YoY
Metro
State GDP YoY
▲ 2.60%
F500 in state
92

Industry mix (Fortune 500 HQ in NY)

Industry F500 HQs Revenue

Price history

-3.3% since first listed
2 events — show timeline
  • 2026-05-13 Price Changed $899,000 OneKey® MLS as Distributed by MLS Grid
  • 2026-04-22 Listed $930,000 OneKey® MLS as Distributed by MLS Grid

Property tax history

+3.0%/yr

Latest (2025): $19,869 · +3.4% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…