299 Lincoln Blvd · Lorenz Park, NY 12534

$269,900

4 bd · 1.0 ba · 1,080 sqft · SingleFamily public records · 51 Days on market

Built 1942 7,405 sqft lot Est $271k · at est.

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Why this score? — see what drove the B 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
• Appreciation +10.0/10.0
• DSCR +8.6/10.0
• ARV discount +7.7/15.0
• 1% rule +6.6/10.0
• Rent growth +5.0/5.0
• Schools +3.6/10.0
• Livability +3.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Charming 4-bedroom home conveniently located just minutes from Hudson's vibrant Warren Street district. Offering a functional layout with generous living space, inside and out, this home provides flexibility for a variety of living arrangements. A new roof installed in 2021 adds peace of mind for years to come. Close to the Hudson Amtrak station with convenient access to New York City, and perfectly positioned to enjoy all that the Hudson Valley has to offer including renowned restaurants, art galleries, boutique shopping, and local markets!

Key facts

• Convenient access
• New roof
• 7,405 sq ft lot

Tags

• NEW ROOF
• CONVENIENT ACCESS
• FLEXIBLE LIVING ARRANGEMENTS
• CLOSE TO AMTRAK STATION
• MINUTES FROM WARREN STREET

Property features AI

Exterior

• Parking: Detached garage (1 car); Total of 3 parking spaces; Off-street paved parking
• Utilities: Public water; Public sewer; Electric with circuit breakers
• Home design: Single family residence; Slab foundation
• Construction: Vinyl siding; Shingle (asphalt) roof; Built on slab foundation
• Exterior features: Paved driveway; Wood fence in back yard; Level, cleared lot

Interior

• Kitchen: Range; Microwave; Refrigerator
• Bedrooms: Primary bedroom on the first floor; Additional bedrooms on the first and second floors
• Flooring: Vinyl flooring
• Bathrooms: One full bathroom on the first floor
• Heating & cooling: Forced-air heating (oil)
• Interior features: High-speed internet available; Solid surface countertops; 8 total rooms
• Laundry & utility: Main-level laundry room; Washer; Dryer

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $270k.

Deal economics

• At list price, monthly cash flow is $651 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $270k).
• Recommended offer: $262k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 69/100 on livability (#498 in NY) — a middle-class / working-renter tenant base. Strengths: housing A+, crime A, health & safety A; Watch: employment C-, schools F, amenities F.
• Hudson City School District (town): math 38% / reading 47% proficiency, ranked #494 of 590 in NY (top 84%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising fast (+10.9%/yr); 161 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 20d on market — plan ~3-4 weeks tenant-placement turnaround); 136 units permitted in Columbia County in 2024 (0 in 5+ unit buildings).
• At $3,138/mo this rent would consume 52% of the median local household income ($73k/yr) (locally 1083% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• In year one you build about $29k of equity ($2k loan paydown + $27k appreciation (10.0% local appreciation)).
• Columbia County population projected at -22% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (10.0% appreciation + 8.0% rent growth), your $76k cash investment doubles in ~2 years — after that, you're playing with house money.
• By year 2, paydown + projected appreciation supports a ~$46k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 51 days — a 3% lower offer ($262k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 5y 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 $137k; list at $270k implies a 96% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1942 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $261,803 (3.0% below list)

Questions for the listing agent

1. It's been on market 51 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 1942 — 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 F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
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: 1.16% ✓
• Cap rate: 9.19%
• Cash-on-cash: 10.34%
• DSCR: 1.46
• GRM: 7.2

CMA / ARV

• ARV (on-the-fly): $271,080
• Comps found: 9

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
323 Lincoln Blvd	0.11mi	3/1.0 (-1)	1,095 (+1%)	9mo	$275,000	$251	80
146 Joslen Blvd	0.46mi	3/1.0 (-1)	1,089 (+1%)	0mo	$237,500	$218	72
424 Joslen Boulevard Blvd	0.39mi	4/1.0	1,152 (+7%)	12mo	$365,000	$317	60
10 Livingston Parkway Pkwy	0.14mi	3/1.0 (-1)	960 (-11%)	15mo	$217,000	$226	58
440 Joslen Blvd	0.45mi	3/1.0 (-1)	1,136 (+5%)	15mo	$327,000	$288	53
460 Joslen Blvd	0.56mi	3/1.0 (-1)	1,148 (+6%)	10mo	$400,000	$348	50
325 Fairview Avenue Ave	0.38mi	3/1.0 (-1)	1,000 (-7%)	22mo	$207,000	$207	47
414 Joslen Lot #2 Blvd	0.31mi	3/2.0 (-1)	920 (-15%)	24mo	$40,000	$43	32
428 Joslen Boulevard Blvd	0.41mi	3/2.0 (-1)	1,232 (+14%)	24mo	$435,000	$353	29

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 8.0% rent growth · sell at horizon

5-year hold

• IRR: 34.1%
• Equity multiple: 3.71×
• Total profit: $205,076
• Equity at exit: $243,147

10-year hold

• IRR: 31.1%
• Equity multiple: 9.10×
• Total profit: $612,425
• Equity at exit: $524,356

Cash invested: $75,572 (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 12534

• Home prices YoY: 5.6%
• Rents YoY: 10.9%
• Active inventory: 161
• Price-to-rent: 7.2×

Monthly cashflow live

• Estimated rent: $3,138 medium
• Mortgage (P&I): −$1,415
• Tax from tax record: −$300 /mo · $3,596/yr
• Insurance: −$112
• HOA: −$0
• Vacancy / Maint / Mgmt: −$659
• Net cashflow: $651

Break-even live

Break-even rent $2,313

Max offer price $269,900

Occupancy floor 74%

Sensitivity live

Price	-10% $804	-5% $728	+0% $651	+5% $575	+10% $498
Rent	-10% $403	-5% $527	+0% $651	+5% $775	+10% $899
Rate	-1.0pp $787	-0.5pp $720	base $651	+0.5pp $581	+1.0pp $510

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: $67,475
• Closing costs: $8,097
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
76 N 7th St Hudson, NY	1.0–3.0	1.0–2.0	837	$3,600	$4.30	14d	47	1.40mi
823-825 Columbia St Unit 3 Hudson, NY	3.0	1.0	1100	$2,400	$2.18	44d	1	1.48mi
328 Columbia St Unit 2 Hudson, NY	3.0	1.0	800	$2,600	$3.25	19d	1	1.49mi

Listing history 9 events

1. 2026-05-13
   status Pending 547-char remark

   Show marketing remark (547 chars)

   Charming 4-bedroom home conveniently located just minutes from Hudson's vibrant Warren Street district. Offering a functional layout with generous living space, inside and out, this home provides flexibility for a variety of living arrangements. A new roof installed in 2021 adds peace of mind for years to come. Close to the Hudson Amtrak station with convenient access to New York City, and perfectly positioned to enjoy all that the Hudson Valley has to offer including renowned restaurants, art galleries, boutique shopping, and local markets!

2. 2026-05-01
   status Pending
3. 2026-04-30
   historical Contingent
4. 2026-03-24
   price $269,900 547-char remark

   Show marketing remark (547 chars)

   Charming 4-bedroom home conveniently located just minutes from Hudson's vibrant Warren Street district. Offering a functional layout with generous living space, inside and out, this home provides flexibility for a variety of living arrangements. A new roof installed in 2021 adds peace of mind for years to come. Close to the Hudson Amtrak station with convenient access to New York City, and perfectly positioned to enjoy all that the Hudson Valley has to offer including renowned restaurants, art galleries, boutique shopping, and local markets!

5. 2026-03-19
   price $269,900
6. 2026-03-11
   listed $279,900 Active 547-char remark

   Show marketing remark (547 chars)

   Charming 4-bedroom home conveniently located just minutes from Hudson's vibrant Warren Street district. Offering a functional layout with generous living space, inside and out, this home provides flexibility for a variety of living arrangements. A new roof installed in 2021 adds peace of mind for years to come. Close to the Hudson Amtrak station with convenient access to New York City, and perfectly positioned to enjoy all that the Hudson Valley has to offer including renowned restaurants, art galleries, boutique shopping, and local markets!

7. 2026-03-11
   listed $279,900 Active

   Show marketing remark (547 chars)

   Charming 4-bedroom home conveniently located just minutes from Hudson's vibrant Warren Street district. Offering a functional layout with generous living space, inside and out, this home provides flexibility for a variety of living arrangements. A new roof installed in 2021 adds peace of mind for years to come. Close to the Hudson Amtrak station with convenient access to New York City, and perfectly positioned to enjoy all that the Hudson Valley has to offer including renowned restaurants, art galleries, boutique shopping, and local markets!

8. 2021-08-16
   soldstatus $137,400 1015-char remark

   Show marketing remark (1015 chars)

   Hurry, it won't last long! Charming Cape styled home is perfectly perched on its level, lawned lot awaiting its new owner who is ready to put their touch on this home & make it their own! Conveniently set in a Greenport neighborhood just moments to shopping, restaurants & town parks, this property offers a living room, dine-in kitchen, two bedrooms & a full bath on the main level with two additional, nicely proportioned bedrooms upstairs! The laundry & mechanicals of the home are located in the mudroom area which makes a great spot for kicking off the shoes or pet access to the yard. Backyard barbecues will be easy as this property offers a really attractive yard with plenty of room for not only the picnics but the potential for future gardens or play area too. The detached garage, although requiring some repairs, does boast electricity to it already. The perfect home for the handy buyer, being sold AS-IS; heavy cosmetics and roof will be needed soon but worth your investment!

9. 2021-05-21
   listed $139,900 1015-char remark

   Show marketing remark (1015 chars)

   Hurry, it won't last long! Charming Cape styled home is perfectly perched on its level, lawned lot awaiting its new owner who is ready to put their touch on this home & make it their own! Conveniently set in a Greenport neighborhood just moments to shopping, restaurants & town parks, this property offers a living room, dine-in kitchen, two bedrooms & a full bath on the main level with two additional, nicely proportioned bedrooms upstairs! The laundry & mechanicals of the home are located in the mudroom area which makes a great spot for kicking off the shoes or pet access to the yard. Backyard barbecues will be easy as this property offers a really attractive yard with plenty of room for not only the picnics but the potential for future gardens or play area too. The detached garage, although requiring some repairs, does boast electricity to it already. The perfect home for the handy buyer, being sold AS-IS; heavy cosmetics and roof will be needed soon but worth your investment!

ⓘ 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: $3,596 · $300/mo
• Projected year-2 tax: $4,079 · $340/mo
• Expected delta: +$482/yr (+$40/mo · 13.4%)

ⓘ 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 · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 4/10 Moderate 7 d/yr ≥98°F today · 16 d/yr by 30 yrs out
• 💨 Wind 3/10 Moderate 9% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $37,652
• − Mortgage interest: −$15,119
• − Property taxes: −$3,596
• − Insurance: −$1,350
• − Repairs & maintenance: −$3,012
• − Management: −$3,012
• − Depreciation: −$7,852
• Taxable income: $3,711
• Est. tax owed @ 24.0%: −$891
• After-tax cash flow: $6,924/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: Hudson City School District
• NCES district ID: 3614940
• Math proficiency: 38% ▲ 4.00%
• Reading proficiency: 47% ▲ 7.00%
• Median HH income: $44,663
• Composite: 36.03/100
• National rank: #4779
• State rank: #494 of 590 in NY

Livability — Lorenz Park

• Score: 69/100
• State rank: #498
• US rank: #8738

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Lorenz Park, NY
• County: Columbia County · 17,176 people
• Metro: Hudson, NY
• Population (ZIP): 17,176
• Household income: $72,741
• Rent vs Own: 36.4% rent · 63.6% own
• Severe rent burden: 1083.0

Population outlook (Columbia County) Hauer SSP2

• Today (2025): 58,662 people
• By 2030: 56,557 · -3.6%
• By 2040: 51,324 · -12.5%
• By 2050: 45,790 · -21.9%
• By 2075: 35,232 · -39.9%
• By 2100: 25,846 · -55.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (74%)
• Race & ethnicity: White 74% Two or more races 7% Black 7% Hispanic / Latino 7% Asian 6%
• Hispanic origin (detail): Mexican 2% Puerto Rican 1%
• Common ancestry: Lithuanian 4% Romanian 4% Iranian 3%
• Foreign-born: 10% · Canada, China
• Languages at home: 88% English-only · Spanish 5% Other Indo-European 3% Chinese 1%

Political lean MEDSL · Columbia

• 2024 margin: D (+14.7) · D 57.4% · R 42.6%
• 2008→2024 swing: +1.3pp toward D · 2008: 13.4pp · 2024: 14.7pp
• All cycles: 2024: D+14.7 2020: D+16.7 2016: D+1.4 2012: D+11.7 2008: D+13.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 25.98%
• Current HPI: 490.0412
• Rent YoY: ▲ 10.88%
• Metro: Hudson, NY
• 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

+92.9% since first listed

9 events — show timeline

• 2026-05-13 Pending — HVCRMLS
• 2026-05-01 Pending — Global MLS
• 2026-04-30 Contingent — Global MLS
• 2026-03-24 Price Changed $269,900 HVCRMLS
• 2026-03-19 Price Changed $269,900 Global MLS
• 2026-03-11 Listed $279,900 Global MLS
• 2026-03-11 Listed $279,900 HVCRMLS
• 2021-08-16 Sold (MLS) $137,400 HVCRMLS
• 2021-05-21 Listed $139,900 HVCRMLS

Property tax history

+4.1%/yr

Latest (2025): $3,596 · +28.5% YoY. Source: county tax records.