128 Lincoln Rd · DeKalb Junction, NY 13617

$65,000

3 bd · 1.0 ba · 1,782 sqft · SingleFamily · 165 Days on market

Built 1850 Poor condition 2.62 ac lot $36/sqft · 75% below area ↓ 7% since listing

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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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Appreciation +10.0/10.0
• ARV discount +7.5/15.0
• Schools +4.6/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +1.0/5.0

Listing remarks MLS

FIXER-UPPER WITH POTENTIAL IN CANTON SCHOOL DISTRICT! This 3-bedroom, 2-bathroom home sits on 2.62 acres and includes two parcels—one of which is a vacant lot located directly across the road. The property features a 2-car detached garage and a single wide trailer, offering additional possibilities for rental income or extended family use. Inside the main house, you'll find one bedroom on the first floor and two upstairs, with the potential for a 4th bedroom if the second staircase is re-opened. While the home needs some TLC, it offers great bones and a prime opportunity to customize to your liking. Plenty of space, a great location in the Canton School District, and added flexibility with multiple structures make this a unique find. Don't miss out on the chance to build equity and make it your own, schedule your showing today!

Key facts

• Multiple structures
• Two parcels
• Detached garage

Tags

• CANTON SCHOOL DISTRICT
• TWO PARCELS
• DETACHED GARAGE
• POTENTIAL FOR 4TH BEDROOM
• MULTIPLE STRUCTURES

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $65k. Condition is rated poor.

Deal economics

• At list price, monthly cash flow is $610 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $65k).
• Recommended offer: $57k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 50/100 on livability (#1,172 in NY) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+; Watch: health & safety D, schools F, crime F.
• Canton Central School District (rural): math 49% / reading 59% proficiency, ranked #321 of 590 in NY (top 54%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 63 active listings in the ZIP; 215 units permitted in St. Lawrence County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $7k of equity ($449 loan paydown + $6k appreciation (10.0% local appreciation)).
• St. Lawrence County population projected at -14% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (10.0% appreciation + 3.0% rent growth), your $18k cash investment doubles in ~2 years — after that, you're playing with house money.
• By year 5, paydown + projected appreciation supports a ~$32k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 165 days — a 12% lower offer ($57k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts; this cycle's ask has dropped $5k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1850 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $57,200 (12.0% below list)

Questions for the listing agent

1. It's been on market 165 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
3. Built in 1850 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
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 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: 2.06% ✓
• Cap rate: 17.55%
• Cash-on-cash: 40.21%
• DSCR: 2.79
• GRM: 4.0

CMA / ARV

• ARV (median comp): $259,726
• List price: $65,000
• Delta: -74.97%
• Verdict: UNDERPRICED
• Comps: 2 within 1.0 mi

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 55.4%
• Equity multiple: 5.08×
• Total profit: $74,259
• Equity at exit: $58,557

10-year hold

• IRR: 48.9%
• Equity multiple: 11.34×
• Total profit: $188,179
• Equity at exit: $126,281

Cash invested: $18,200 (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 13617

• Home prices YoY: 22.5%
• Active inventory: 63
• Price-to-rent: 4.0×

Monthly cashflow live

• Estimated rent: $1,340 medium
• Mortgage (P&I): −$341
• Tax est. 1.5%: −$81 /mo · $975/yr
• Insurance: −$27
• HOA: −$0
• Vacancy / Maint / Mgmt: −$282
• Net cashflow: $610

Break-even live

Break-even rent $569

Max offer price $65,000

Occupancy floor 50%

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: $16,250
• Closing costs: $1,950
• Reserves months: —
• Total cash needed: —

Listing history 19 events

1. 2026-06-18
   days on market $65,000 Active 165 DOM
2. 2026-06-17
   days on market $65,000 Active 164 DOM
3. 2026-06-16
   days on market $65,000 Active 163 DOM
4. 2026-06-15
   days on market $65,000 Active 162 DOM
5. 2026-06-13
   days on market $65,000 Active 160 DOM
6. 2026-06-12
   days on market $65,000 Active 159 DOM
7. 2026-06-09
   days on market $65,000 Active 156 DOM
8. 2026-06-08
   days on market $65,000 Active 155 DOM
9. 2026-06-07
   days on market $65,000 Active 154 DOM
10. 2026-06-07
    days on market $65,000 Active 153 DOM
11. 2026-06-04
    days on market $65,000 Active 150 DOM
12. 2026-06-02
    days on market $65,000 Active 149 DOM
13. 2026-06-01
    days on market $65,000 Active 148 DOM
14. 2026-05-31
    days on market $65,000 Active 147 DOM
15. 2026-05-18
    price $65,000 845-char remark

    Show marketing remark (845 chars)

    FIXER-UPPER WITH POTENTIAL IN CANTON SCHOOL DISTRICT! This 3-bedroom, 2-bathroom home sits on 2.62 acres and includes two parcels—one of which is a vacant lot located directly across the road. The property features a 2-car detached garage and a single wide trailer, offering additional possibilities for rental income or extended family use. Inside the main house, you'll find one bedroom on the first floor and two upstairs, with the potential for a 4th bedroom if the second staircase is re-opened. While the home needs some TLC, it offers great bones and a prime opportunity to customize to your liking. Plenty of space, a great location in the Canton School District, and added flexibility with multiple structures make this a unique find. Don't miss out on the chance to build equity and make it your own, schedule your showing today!

16. 2026-03-27
    status Active 845-char remark

    Show marketing remark (845 chars)

    FIXER-UPPER WITH POTENTIAL IN CANTON SCHOOL DISTRICT! This 3-bedroom, 2-bathroom home sits on 2.62 acres and includes two parcels—one of which is a vacant lot located directly across the road. The property features a 2-car detached garage and a single wide trailer, offering additional possibilities for rental income or extended family use. Inside the main house, you'll find one bedroom on the first floor and two upstairs, with the potential for a 4th bedroom if the second staircase is re-opened. While the home needs some TLC, it offers great bones and a prime opportunity to customize to your liking. Plenty of space, a great location in the Canton School District, and added flexibility with multiple structures make this a unique find. Don't miss out on the chance to build equity and make it your own, schedule your showing today!

17. 2026-01-16
    status Active 845-char remark

    Show marketing remark (845 chars)

    FIXER-UPPER WITH POTENTIAL IN CANTON SCHOOL DISTRICT! This 3-bedroom, 2-bathroom home sits on 2.62 acres and includes two parcels—one of which is a vacant lot located directly across the road. The property features a 2-car detached garage and a single wide trailer, offering additional possibilities for rental income or extended family use. Inside the main house, you'll find one bedroom on the first floor and two upstairs, with the potential for a 4th bedroom if the second staircase is re-opened. While the home needs some TLC, it offers great bones and a prime opportunity to customize to your liking. Plenty of space, a great location in the Canton School District, and added flexibility with multiple structures make this a unique find. Don't miss out on the chance to build equity and make it your own, schedule your showing today!

18. 2025-11-16
    status Pending 845-char remark

    Show marketing remark (845 chars)

    FIXER-UPPER WITH POTENTIAL IN CANTON SCHOOL DISTRICT! This 3-bedroom, 2-bathroom home sits on 2.62 acres and includes two parcels—one of which is a vacant lot located directly across the road. The property features a 2-car detached garage and a single wide trailer, offering additional possibilities for rental income or extended family use. Inside the main house, you'll find one bedroom on the first floor and two upstairs, with the potential for a 4th bedroom if the second staircase is re-opened. While the home needs some TLC, it offers great bones and a prime opportunity to customize to your liking. Plenty of space, a great location in the Canton School District, and added flexibility with multiple structures make this a unique find. Don't miss out on the chance to build equity and make it your own, schedule your showing today!

19. 2025-08-26
    listed $70,000 Active 845-char remark

    Show marketing remark (845 chars)

    FIXER-UPPER WITH POTENTIAL IN CANTON SCHOOL DISTRICT! This 3-bedroom, 2-bathroom home sits on 2.62 acres and includes two parcels—one of which is a vacant lot located directly across the road. The property features a 2-car detached garage and a single wide trailer, offering additional possibilities for rental income or extended family use. Inside the main house, you'll find one bedroom on the first floor and two upstairs, with the potential for a 4th bedroom if the second staircase is re-opened. While the home needs some TLC, it offers great bones and a prime opportunity to customize to your liking. Plenty of space, a great location in the Canton School District, and added flexibility with multiple structures make this a unique find. Don't miss out on the chance to build equity and make it your own, schedule your showing today!

ⓘ 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 1/10 Low FEMA zone X · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 2/10 Low 7 d/yr ≥93°F today · 15 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,086
• − Mortgage interest: −$3,641
• − Property taxes: −$975
• − Insurance: −$325
• − Repairs & maintenance: −$1,287
• − Management: −$1,287
• − Depreciation: −$1,891
• Taxable income: $6,680
• Est. tax owed @ 24.0%: −$1,603
• After-tax cash flow: $5,714/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.

Condition & rehab AI · 1 photo

Poor 20/100 Extensive rehab

This fixer-upper requires extensive renovations, including new flooring, wallpaper, HVAC, and landscaping, to improve its resale and rental value.

Repairs flagged

• Major wallpaper — Peeling and damaged
• Major flooring — Worn and in need of replacement
• Major interior walls — Wallpaper peeling and damaged
• Major HVAC/mechanicals — No visible systems, likely outdated

Value-add opportunities

• Both new flooring — New flooring would improve both appearance and functionality
• Both new wallpaper — New wallpaper would improve appearance and reduce maintenance
• Both HVAC upgrade — Upgrading HVAC would improve comfort and energy efficiency
• Both landscaping — Landscaping would enhance curb appeal and property value

Renovation cost estimate screening

Repair item	Severity	Est. cost
wallpaper · Peeling and damaged	Major	$15,000–50,000
flooring · Worn and in need of replacement	Major	$15,000–50,000
interior walls · Wallpaper peeling and damaged	Major	$15,000–50,000
HVAC/mechanicals · No visible systems, likely outdated	Major	$15,000–50,000
Total estimated repair cost · 4 items		$60,000–200,000

Value-add ROI direction

• Both new flooring — New flooring would improve both appearance and functionality ↑
• Both new wallpaper — New wallpaper would improve appearance and reduce maintenance ↑
• Both HVAC upgrade — Upgrading HVAC would improve comfort and energy efficiency ↑
• Both landscaping — Landscaping would enhance curb appeal and property value ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Canton Central School District
• NCES district ID: 3606470
• Math proficiency: 49% ▼ -8.00%
• Reading proficiency: 59% ▲ 10.00%
• Median HH income: $52,157
• Composite: 46.27/100
• National rank: #2481
• State rank: #321 of 590 in NY

Livability — DeKalb Junction

• Score: 50/100
• State rank: #1172
• US rank: #25570

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 12,294

Population outlook (St. Lawrence County) Hauer SSP2

• Today (2025): 110,027 people
• By 2030: 107,455 · -2.3%
• By 2040: 100,492 · -8.7%
• By 2050: 94,254 · -14.3%
• By 2075: 80,175 · -27.1%
• By 2100: 63,140 · -42.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (88%)
• Race & ethnicity: White 88% Black 4% Two or more races 3% Hispanic / Latino 3% Asian 2%
• Common ancestry: Lithuanian 5% Romanian 3% Slovak 3%
• Foreign-born: 5% · Canada, China, Guatemala
• Languages at home: 93% English-only · Spanish 2% French/Haitian/Cajun 1% Other Indo-European 1%

Political lean MEDSL · St. Lawrence

• 2024 margin: R (+18.0) · D 41.0% · R 59.0%
• 2008→2024 swing: -34.3pp toward R · 2008: 16.3pp · 2024: -18.0pp
• All cycles: 2024: R+18.0 2020: R+11.7 2016: R+10.8 2012: D+16.6 2008: D+16.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 56.56%
• Current HPI: 308.0415
• 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

-7.1% since first listed

5 events — show timeline

• 2026-05-18 Price Changed $65,000 SLCMLS
• 2026-03-27 Relisted — SLCMLS
• 2026-01-16 Relisted — SLCMLS
• 2025-11-16 Pending — SLCMLS
• 2025-08-26 Listed $70,000 SLCMLS