44 Darling Ave · New Rochelle, NY 10804

$939,000

3 bd · 2.0 ba · 2,237 sqft · SingleFamily public records · 3 Days on market

Built 1954 0.43 ac lot $420/sqft · 22% below area Est $1225k · 23% under

---

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 +15.0/15.0
• Cash flow +8.1/30.0
• Schools +5.7/10.0
• Livability +3.5/5.0
• 1% rule +2.6/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• DSCR +2.1/10.0
• Appreciation +0.0/10.0

Listing remarks

Hang your coats and backpacks in the welcoming entrance foyer of this beautiful move-in ready expanded ranch. Rare in this quiet coveted Davis Elementary School neighborhood, this is a true four bedroom 2.5 bath home with bright spacious rooms offering a great one-level lifestyle. The open floor plan is fabulous for casual living and entertaining featuring: bay-windowed living room, dining room, expansive Great Room with wood burning fireplace and Palladium windows offering views of the verdant, almost half acre level property. The open-style gourmet kitchen w/ granite countertops and cherry wood cabinets has a walk-in pantry for all your storage needs, a pendant-lit breakfast bar and casua

Key facts

• 0.43 acre lot
• Garage
• Built 1954

Property features AI

Exterior

• Parking: Attached garage; 1-car garage; Driveway; No carport
• Security: Security system
• Utilities: Electricity connected (Con-Edison); Natural gas connected; Public water; Public sewer; Trash collection
• Home design: Single-family residence; One level; Finished full basement
• Construction: Frame construction; Pull-down attic stairs; Finished basement with storage space
• Exterior features: Deck; Irrigation system; Not waterfront

Interior

• Kitchen: Cooktop; Dishwasher; Disposal; Microwave; Oven; Refrigerator; Granite counters; Breakfast bar
• Bedrooms: Master downstairs
• Flooring: Carpet; Hardwood; Tile
• Bathrooms: 2 full bathrooms; 1 half bathroom; First-floor full bath
• Heating & cooling: Hot air heating; Central air conditioning; Fireplace
• Interior features: First-floor bedroom; First-floor full bathroom; Breakfast bar; Cathedral ceilings; Entrance foyer; Formal dining room; Granite counters; Primary bathroom; Master bedroom on the main level; Bay windows; Blinds; Window screens; Deck
• Laundry & utility: Laundry room; Washer; Dryer; Gas water heater

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $939k.

Deal economics

• At list price, monthly cash flow is $-967 ($-12k/yr) — negative.
• To cash-flow at today's rent, offer at most $768k (18.2% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $715k (23.8% below list).
• Recommended offer: $715k (23.8% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 69/100 on livability (#487 in NY) — a middle-class / working-renter tenant base. Strengths: employment A+, crime A, amenities B+; Watch: housing D+, commute F, cost of living F.
• New Rochelle City School District (suburban): math 63% / reading 66% proficiency, ranked #171 of 590 in NY (top 29%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: George M Davis Elementary School (math 72% / reading 72%, grade A-, #378 of 2,108 statewide, top 20%, 667 students, 36% FRL); Albert Leonard Middle School (math 41% / reading 73%, grade B, #192 of 729 statewide, top 28%, 1,086 students, 42% FRL); New Rochelle High School (math 87% / reading 72%, grade A-, #518 of 1,100 statewide, top 51%, 3,076 students, 57% FRL) — zoned schools at 45% FRL track the district average.
• Market conditions: 116 active listings in the ZIP; 8 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 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 $6k of loan paydown is wiped out by about $28k 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

• Only 3 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $213k; list at $939k implies a 341% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $56/mo; built in 1954 — 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→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $715,379 (23.8% 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 1954 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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.
7. 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.
8. 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: 5.13%
• Cash-on-cash: -4.16%
• DSCR: 0.81
• GRM: 10.9

CMA / ARV

• ARV (median comp): $1,224,673
• List price: $939,000
• Delta: -23.33%
• 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
151 Hilburn Rd	0.40mi	3/2.0	2,215 (-1%)	2mo	$1,500,000	$677	78
18 Lambert Ln	0.21mi	3/3.5	2,079 (-7%)	4mo	$1,310,000	$630	69
32 Lambert Ln	0.20mi	4/3.0 (+1)	2,464 (+10%)	1mo	$890,000	$361	64
168 Waverly Rd	0.52mi	3/3.0	2,114 (-6%)	1mo	$1,370,000	$648	61
130 Locust Ave	0.57mi	3/2.5	2,400 (+7%)	1mo	$1,619,000	$675	59
155 Hilburn Rd	0.38mi	4/3.0 (+1)	2,429 (+9%)	3mo	$1,670,000	$688	57
3 Greentree Dr	0.72mi	3/2.5	2,130 (-5%)	2mo	$1,260,000	$592	55
1079 Weaver St	0.70mi	3/2.5	2,400 (+7%)	1mo	$1,110,000	$463	52
44 Amherst Dr	0.70mi	4/3.0 (+1)	2,181 (-2%)	3mo	$1,187,000	$544	52
33 Johnson Rd	0.55mi	3/2.0	1,980 (-12%)	4mo	$1,200,000	$606	52
105 Sprague Rd	0.52mi	3/1.5	1,959 (-12%)	4mo	$1,215,000	$620	50
43 Amherst Dr	0.69mi	4/2.5 (+1)	2,364 (+6%)	4mo	$1,325,000	$560	48

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: -23.7%
• Equity multiple: 0.19×
• Total profit: $-213,538
• Equity at exit: $140,008

10-year hold

• IRR: -18.6%
• Equity multiple: -0.01×
• Total profit: $-264,462
• Equity at exit: $81,188

Cash invested: $262,920 (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 10804

• Active inventory: 116
• Price-to-rent: 10.9×

Monthly cashflow live

• Estimated rent: $7,154 high
• Mortgage (P&I): −$4,924
• Tax from tax record: −$1,247 /mo · $14,966/yr
• Insurance: −$391
• Flood insurance flood zone: −$56 /mo · $666/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$1,502
• Net cashflow: $-967

Break-even live

Break-even rent $8,377

Max offer price $768,236

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: $234,750
• Closing costs: $28,170
• Reserves months: —
• Total cash needed: —

Rent comps 8 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
106 White Rd Scarsdale, NY	3.0	2.0	1700	$5,999	$3.53	22d	1	0.48mi
106 White Rd Scarsdale, NY	3.0	2.0	1700	$5,800	$3.41	1d	1	0.48mi
155 White Rd Scarsdale, NY	3.0	1.5	1632	$7,000	$4.29	43d	1	0.55mi
4 Greentree Dr Scarsdale, NY	4.0	2.5	2086	$6,850	$3.28	1d	1	0.69mi
154 Bell Rd Scarsdale, NY	3.0	2.5	1611	$7,900	$4.90	1d	1	0.84mi
372 Heathcote Rd Scarsdale, NY	4.0	3.0	2826	$12,000	$4.25	1d	1	0.86mi
96 Alkamont Ave Scarsdale, NY	2.0	1.0	2000	$3,500	$1.75	43d	1	1.22mi
36 Grand Blvd Unit 2 Scarsdale, NY	3.0	2.0	1500	$6,100	$4.07	43d	1	1.39mi

Listing history 4 events

1. 2026-05-08
   status Pending 1223-char remark
2. 2026-05-01
   listed $939,000 Active 1223-char remark
3. 2026-04-29
   historical $939,000 1223-char remark
4. 1996-11-08
   soldstatus $213,000

ⓘ 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: $14,966 · $1,247/mo
• Projected year-2 tax: $15,417 · $1,285/mo
• Expected delta: +$452/yr (+$38/mo · 3.0%)

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

Climate risk First Street

• 🌊 Flood 7/10 Severe FEMA zone X (unshaded) · 96% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥98°F today · 16 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 · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $85,845
• − Mortgage interest: −$52,599
• − Property taxes: −$14,966
• − Insurance: −$5,362
• − Repairs & maintenance: −$6,868
• − Management: −$6,868
• − Depreciation: −$27,316
• Taxable loss: −$28,132
• Est. tax savings @ 24.0%: +$6,752
• After-tax cash flow: $-4,848/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: New Rochelle City School District
• NCES district ID: 3620490
• Math proficiency: 63% ▲ 3.00%
• Reading proficiency: 66% ▲ 9.00%
• Median HH income: $69,165
• Composite: 56.63/100
• National rank: #1139
• State rank: #171 of 590 in NY

Livability — New Rochelle

• Score: 69/100
• State rank: #487
• US rank: #8572

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: New Rochelle, NY
• City population: 63,657
• Population (ZIP): 15,228

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: Predominantly White (73%)
• Race & ethnicity: White 73% Black 11% Hispanic / Latino 10% Two or more races 5% Asian 3%
• Hispanic origin (detail): Mexican 1% Puerto Rican 2% Dominican 2%
• Common ancestry: Scotch-Irish 4% Romanian 3% Italian 2%
• Foreign-born: 15% · Canada, Dominican Republic, Jamaica
• Languages at home: 80% English-only · Spanish 6% Russian/Polish/Slavic 3% Other Indo-European 3%

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: ▼ -819.58%
• Current HPI: 280.9571
• 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

+340.8% since first listed

4 events — show timeline

• 2026-05-08 Pending — OneKey® MLS as Distributed by MLS Grid
• 2026-05-01 Listed $939,000 OneKey® MLS as Distributed by MLS Grid
• 2026-04-29 Coming Soon $939,000 OneKey® MLS as Distributed by MLS Grid
• 1996-11-08 Sold (Public Records) $213,000 Public Records

Property tax history

-5.1%/yr

Latest (2025): $14,966 · -17.3% YoY. Source: county tax records.