245 Bronx River Rd Unit 7F · Yonkers, NY 10704

$145,000

1 bd · 1.0 ba · 800 sqft · Condo · 79 Days on market

Built 1956 $181/sqft · 15% below area Est $170k · 15% under

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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).

• ARV discount +14.0/15.0
• 1% rule +10.0/10.0
• Cash flow +9.4/30.0
• Rent growth +5.0/5.0
• Schools +4.1/10.0
• Livability +3.4/5.0
• DSCR +2.7/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This pristine one-bedroom corner residence offers the perfect blend of space and functionality. The generous layout features a distinct kitchen area separate from the expansive living space. Enjoy a beautifully updated bathroom and a king-sized bedroom, along with a full suite of appliances including a dishwasher and window ACs. Located in a meticulously maintained building with an elevator and on-site laundry, this corner home is a commuter’s dream, situated just minutes from the Metro North, major highways, and shopping. Note: Maintenance covers taxes, gas, heat, and hot water. No pets; subletting permitted after one year of residency. Parking is assigned and currently there is a waiting list.

Key facts

• Garage
• Built 1956
• Listed 78 days

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $145k.

Deal economics

• At list price, monthly cash flow is $-102 ($-1k/yr) — negative.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $145k).
• Recommended offer: $136k (6.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 68/100 on livability (#528 in NY) — a middle-class / working-renter tenant base. Strengths: employment A, commute B; Watch: amenities F, cost of living F.
• Yonkers City School District (suburban): math 41% / reading 54% proficiency, ranked #413 of 590 in NY (top 70%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 64% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+21.0%/yr); 165 active listings in the ZIP; 35 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; 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 $4k 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 79 days — a 6% lower offer ($136k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 8y ago; this cycle's ask has dropped $35k (19%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: HOA is 41% of rent; built in 1956 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major flood risk; 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 $136,300 (6.0% 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. It's been on market 79 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
3. Built in 1956 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. 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?
6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 1.63% ✓
• Cap rate: 5.45%
• Cash-on-cash: -3.02%
• DSCR: 0.87
• GRM: 5.1

CMA / ARV

• ARV (median comp): $169,620
• List price: $145,000
• Delta: -14.51%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 8.0% rent growth · sell at horizon

5-year hold

• IRR: -10.5%
• Equity multiple: 0.58×
• Total profit: $-16,915
• Equity at exit: $21,620

10-year hold

• IRR: 8.3%
• Equity multiple: 1.89×
• Total profit: $36,158
• Equity at exit: $12,537

Cash invested: $40,600 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (CITY): 5 Strongly Tenant-Friendly
• State New York: 15 Strongly Tenant-Friendly · D+10
• County: — inherits STATE
• City Yonkers: 5 Strongly Tenant-Friendly · D+20

Westchester rent guidelines board.

Methodology + full state rankings →

ZIP-level market 10704

• Rents YoY: 21.0%
• Active inventory: 165
• Price-to-rent: 5.1×

Monthly cashflow live

• Estimated rent: $2,358 high
• Mortgage (P&I): −$760
• Tax est. 1.5%: −$181 /mo · $2,175/yr
• Insurance: −$60
• HOA est. from 1 same-building comp: −$963
• Vacancy / Maint / Mgmt: −$495
• Net cashflow: $-102

Break-even live

Break-even rent $2,487

Max offer price $130,213

Occupancy floor 99%

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: $36,250
• Closing costs: $4,350
• Reserves months: —
• Total cash needed: —

Rent comps 35 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
255 Bronx River Rd Unit 4R Yonkers, NY	1.0	1.0	800	$2,250	$2.81	24d	1	0.04mi
277 Bronx River Rd Apt 3M Yonkers, NY	—	1.0	550	$1,700	$3.09	43d	1	0.09mi
216 1st St Unit 1 Yonkers, NY	1.0	1.0	600	$2,000	$3.33	43d	1	0.13mi
135 Wakefield Ave Yonkers, NY	2.0	1.0	850	$3,000	$3.53	43d	2	0.24mi
20 Overhill Pl Unit 3 Yonkers, NY	2.0	1.0	800	$3,000	$3.75	43d	1	0.37mi
2325 Cortlandt St Unit 4 Mt Vernon, NY	2.0	1.0	700	$2,300	$3.29	24d	1	0.43mi
18 N Bond St Unit 3D Mt Vernon, NY	1.0	1.0	750	$2,000	$2.67	24d	1	0.60mi
13 N Bond St Mount Vernon, NY	1.0	1.0	600	$1,785	$2.98	24d	1	0.61mi
495 Kimball Ave Unit First Floor Yonkers, NY	2.0	1.0	1100	$3,000	$2.73	43d	1	0.63mi
32 N Bond St Mount Vernon, NY	1.0	1.0	850	$1,900	$2.24	7d	1	0.63mi
119 S 13th Ave Mount Vernon, NY	2.0	1.0	800	$2,997	$3.75	13d	1	0.65mi
86 Edgewood Ave Apt 2E Yonkers, NY	2.0	1.0	1000	$2,599	$2.60	18d	1	0.73mi
86 Edgewood Ave Unit 2W Yonkers, NY	2.0	1.0	1000	$2,699	$2.70	43d	1	0.73mi
119 S 11th Ave Unit 1 Mt Vernon, NY	2.0	1.0	700	$2,800	$4.00	11d	1	0.73mi
14 Elm St Unit 2 Mt Vernon, NY	2.0	1.0	1000	$2,800	$2.80	24d	1	0.74mi
142 Trenchard St Unit 2E Yonkers, NY	1.0	1.0	900	$2,250	$2.50	11d	1	0.74mi
103 North St Mount Vernon, NY	1.0	1.0	720	$1,900	$2.64	20d	1	0.91mi
150 S 6th Ave Unit 2 Mt Vernon, NY	1.0	1.0	800	$2,500	$3.12	17d	1	0.98mi
150 S 6th Ave Unit 2 Mt Vernon, NY	1.0	1.0	800	$2,500	$3.12	7d	1	0.98mi
230 N 7th Ave Unit 2 Mt Vernon, NY	1.0	1.0	950	$2,300	$2.42	10d	1	0.98mi
12 Putnam St Mount Vernon, NY	2.0	1.0	950	$2,600	$2.74	24d	1	1.01mi
200 Crescent Pl Unit 2nd fl Yonkers, NY	1.0	1.0	800	$2,300	$2.88	16d	1	1.01mi
671 Bronx River Rd Unit 3A Yonkers, NY	2.0	1.5	950	$3,000	$3.16	24d	1	1.06mi
675 McLean Ave Unit 006H Yonkers, NY	1.0	1.0	577	$2,071	$3.59	4d	1	1.08mi
257 S 2nd Ave Mount Vernon, NY	1.0	1.0	800	$2,250	$2.81	24d	1	1.26mi
33 William St Mount Vernon, NY	1.0–2.0	1.0	725	$1,850	$2.55	22d	2	1.32mi
23 Alida St Unit 2s Yonkers, NY	2.0	1.0	1000	$2,900	$2.90	24d	1	1.34mi
7 Monroe St Unit 3A Mt Vernon, NY	2.0	1.0	600	$2,200	$3.67	18d	1	1.34mi
645 N MacQuesten Pkwy Unit 3G Mt Vernon, NY	2.0	1.0	950	$3,195	$3.36	24d	1	1.35mi
429 S 3rd Ave Mount Vernon, NY	1.0	1.0	600	$2,300	$3.83	3d	1	1.37mi
669 N Terrace Ave Mount Vernon, NY	1.0	1.0	750	$2,031	$2.71	24d	1	1.43mi
80 W Grand St Mount Vernon, NY	1.0	1.0	850	$1,942	$2.28	24d	1	1.45mi
130 Harrison Ave Yonkers, NY	1.0	1.0	650	$1,900	$2.92	43d	1	1.46mi
594 Yonkers Ave Unit 5 Yonkers, NY	2.0	1.0	900	$2,500	$2.78	43d	1	1.47mi
594 Yonkers Ave Unit 5 Yonkers, NY	2.0	1.0	900	$2,500	$2.78	24d	1	1.47mi

HOA detail condo

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

Listing history 26 events

1. 2026-06-18
   days on market $145,000 Active 79 DOM
2. 2026-06-17
   days on market $145,000 Active 78 DOM
3. 2026-06-16
   days on market $145,000 Active 77 DOM
4. 2026-06-15
   days on market $145,000 Active 76 DOM
5. 2026-06-13
   pricedays on market $145,000 Active 74 DOM
6. 2026-06-09
   days on market $159,999 Active 70 DOM
7. 2026-06-08
   days on market $159,999 Active 69 DOM
8. 2026-06-07
   days on market $159,999 Active 68 DOM
9. 2026-06-04
   days on market $159,999 Active 65 DOM
10. 2026-06-03
    days on market $159,999 Active 64 DOM
11. 2026-06-02
    days on market $159,999 Active 63 DOM
12. 2026-06-01
    days on market $159,999 Active 62 DOM
13. 2026-05-31
    days on market $159,999 Active 61 DOM
14. 2026-05-15
    price $159,999 712-char remark

    Show marketing remark (712 chars)

    This pristine one-bedroom corner residence offers the perfect blend of space and functionality. The generous layout features a distinct kitchen area separate from the expansive living space. Enjoy a beautifully updated bathroom and a king-sized bedroom, along with a full suite of appliances including a dishwasher and window ACs. Located in a meticulously maintained building with an elevator and on-site laundry, this corner home is a commuter’s dream, situated just minutes from the Metro North, major highways, and shopping. Note: Maintenance covers taxes, gas, heat, and hot water. No pets; subletting permitted after one year of residency. Parking is assigned and currently there is a waiting list.

15. 2026-04-28
    price $169,999 712-char remark

    Show marketing remark (712 chars)

    This pristine one-bedroom corner residence offers the perfect blend of space and functionality. The generous layout features a distinct kitchen area separate from the expansive living space. Enjoy a beautifully updated bathroom and a king-sized bedroom, along with a full suite of appliances including a dishwasher and window ACs. Located in a meticulously maintained building with an elevator and on-site laundry, this corner home is a commuter’s dream, situated just minutes from the Metro North, major highways, and shopping. Note: Maintenance covers taxes, gas, heat, and hot water. No pets; subletting permitted after one year of residency. Parking is assigned and currently there is a waiting list.

16. 2026-04-01
    listed $179,999 Active 712-char remark

    Show marketing remark (712 chars)

    This pristine one-bedroom corner residence offers the perfect blend of space and functionality. The generous layout features a distinct kitchen area separate from the expansive living space. Enjoy a beautifully updated bathroom and a king-sized bedroom, along with a full suite of appliances including a dishwasher and window ACs. Located in a meticulously maintained building with an elevator and on-site laundry, this corner home is a commuter’s dream, situated just minutes from the Metro North, major highways, and shopping. Note: Maintenance covers taxes, gas, heat, and hot water. No pets; subletting permitted after one year of residency. Parking is assigned and currently there is a waiting list.

17. 2026-03-30
    historical $179,999 712-char remark

    Show marketing remark (712 chars)

    This pristine one-bedroom corner residence offers the perfect blend of space and functionality. The generous layout features a distinct kitchen area separate from the expansive living space. Enjoy a beautifully updated bathroom and a king-sized bedroom, along with a full suite of appliances including a dishwasher and window ACs. Located in a meticulously maintained building with an elevator and on-site laundry, this corner home is a commuter’s dream, situated just minutes from the Metro North, major highways, and shopping. Note: Maintenance covers taxes, gas, heat, and hot water. No pets; subletting permitted after one year of residency. Parking is assigned and currently there is a waiting list.

18. 2022-01-19
    soldstatus $150,000 Closed 597-char remark

    Show marketing remark (597 chars)

    Perfect one bedroom unit in great condition! Spacious layout with separate kitchen area and living room/dining area. Features an updated bathroom and large bedroom. Appliances included are dishwasher, refrigerator, stove, microwave, and window AC. This well maintained building offers an on site laundry room, elevator, and renting is allowed after one year of owner occupancy. The maintenance fee includes gas, hot water, heat and property taxes. No pets allowed. A commuter's dream with easy access to all! Just minutes from local shopping centers, major highways, and Metro North train station.

19. 2021-09-01
    status Pending 597-char remark

    Show marketing remark (597 chars)

    Perfect one bedroom unit in great condition! Spacious layout with separate kitchen area and living room/dining area. Features an updated bathroom and large bedroom. Appliances included are dishwasher, refrigerator, stove, microwave, and window AC. This well maintained building offers an on site laundry room, elevator, and renting is allowed after one year of owner occupancy. The maintenance fee includes gas, hot water, heat and property taxes. No pets allowed. A commuter's dream with easy access to all! Just minutes from local shopping centers, major highways, and Metro North train station.

20. 2021-08-30
    historical 597-char remark

    Show marketing remark (597 chars)

    Perfect one bedroom unit in great condition! Spacious layout with separate kitchen area and living room/dining area. Features an updated bathroom and large bedroom. Appliances included are dishwasher, refrigerator, stove, microwave, and window AC. This well maintained building offers an on site laundry room, elevator, and renting is allowed after one year of owner occupancy. The maintenance fee includes gas, hot water, heat and property taxes. No pets allowed. A commuter's dream with easy access to all! Just minutes from local shopping centers, major highways, and Metro North train station.

21. 2021-05-27
    status Active 597-char remark

    Show marketing remark (597 chars)

    Perfect one bedroom unit in great condition! Spacious layout with separate kitchen area and living room/dining area. Features an updated bathroom and large bedroom. Appliances included are dishwasher, refrigerator, stove, microwave, and window AC. This well maintained building offers an on site laundry room, elevator, and renting is allowed after one year of owner occupancy. The maintenance fee includes gas, hot water, heat and property taxes. No pets allowed. A commuter's dream with easy access to all! Just minutes from local shopping centers, major highways, and Metro North train station.

22. 2021-05-21
    historical 597-char remark

    Show marketing remark (597 chars)

    Perfect one bedroom unit in great condition! Spacious layout with separate kitchen area and living room/dining area. Features an updated bathroom and large bedroom. Appliances included are dishwasher, refrigerator, stove, microwave, and window AC. This well maintained building offers an on site laundry room, elevator, and renting is allowed after one year of owner occupancy. The maintenance fee includes gas, hot water, heat and property taxes. No pets allowed. A commuter's dream with easy access to all! Just minutes from local shopping centers, major highways, and Metro North train station.

23. 2021-04-26
    listed $155,000 Active 597-char remark

    Show marketing remark (597 chars)

    Perfect one bedroom unit in great condition! Spacious layout with separate kitchen area and living room/dining area. Features an updated bathroom and large bedroom. Appliances included are dishwasher, refrigerator, stove, microwave, and window AC. This well maintained building offers an on site laundry room, elevator, and renting is allowed after one year of owner occupancy. The maintenance fee includes gas, hot water, heat and property taxes. No pets allowed. A commuter's dream with easy access to all! Just minutes from local shopping centers, major highways, and Metro North train station.

24. 2019-03-12
    soldstatus $129,000 Sold
25. 2018-11-16
    status Pending
26. 2018-10-03
    listed $129,000 Active

ⓘ 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 6/10 Major FEMA zone X (unshaded) · 56% 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: $28,297
• − Mortgage interest: −$8,122
• − Property taxes: −$2,175
• − Insurance: −$725
• − Repairs & maintenance: −$2,264
• − Management: −$2,264
• − HOA: −$11,556
• − Depreciation: −$4,218
• Taxable loss: −$3,027
• Est. tax savings @ 24.0%: +$727
• After-tax cash flow: $-500/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: Yonkers City School District
• NCES district ID: 3631920
• Math proficiency: 41% ▼ -1.00%
• Reading proficiency: 54% ▲ 14.00%
• Median HH income: $58,042
• Composite: 41.43/100
• National rank: #3471
• State rank: #413 of 590 in NY

Livability — Yonkers

• Score: 68/100
• State rank: #528
• US rank: #9394

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Yonkers, NY
• County: Westchester County · 709,332 people
• City population: 212,407
• Metro: New York-Newark-Jersey City, NY-NJ-PA
• Population (ZIP): 31,921
• Household income: $106,786
• Rent vs Own: 39.1% rent · 60.9% own
• Severe rent burden: 1078.0

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 0.64)
• Race & ethnicity: White 50% Hispanic / Latino 32% Two or more races 15% Black 7% Asian 5%
• Hispanic origin (detail): Mexican 1% Puerto Rican 11% Cuban 2% Dominican 9%
• Common ancestry: Romanian 2% Subsaharan African 2% Scotch-Irish 2%
• Foreign-born: 32% · Canada, Jamaica, China
• Languages at home: 54% English-only · Spanish 25% Other Indo-European 13% Russian/Polish/Slavic 2%

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: ▼ -466.66%
• Current HPI: 293.4414
• Rent YoY: ▲ 21.03%
• 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

+24.0% since first listed

13 events — show timeline

• 2026-05-15 Price Changed $159,999 OneKey® MLS as Distributed by MLS Grid
• 2026-04-28 Price Changed $169,999 OneKey® MLS as Distributed by MLS Grid
• 2026-04-01 Listed $179,999 OneKey® MLS as Distributed by MLS Grid
• 2026-03-30 Coming Soon $179,999 OneKey® MLS as Distributed by MLS Grid
• 2022-01-19 Sold (MLS) $150,000 OneKey® MLS as Distributed by MLS Grid
• 2021-09-01 Pending — OneKey® MLS as Distributed by MLS Grid
• 2021-08-30 Listing Removed — OneKey® MLS as Distributed by MLS Grid
• 2021-05-27 Relisted — OneKey® MLS as Distributed by MLS Grid
• 2021-05-21 Listing Removed — OneKey® MLS as Distributed by MLS Grid
• 2021-04-26 Listed $155,000 OneKey® MLS as Distributed by MLS Grid
• 2019-03-12 Sold (MLS) $129,000 OneKey® MLS as Distributed by MLS Grid
• 2018-11-16 Pending — OneKey® MLS as Distributed by MLS Grid
• 2018-10-03 Listed $129,000 OneKey® MLS as Distributed by MLS Grid