15 Fieldstone Dr #143 · White Plains, NY 10530

$429,000

3 bd · 2.0 ba · 1,300 sqft · Condo · 27 Days on market

Built 1959

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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).

• Cash flow +25.0/30.0
• DSCR +8.1/10.0
• ARV discount +7.5/15.0
• 1% rule +6.5/10.0
• Schools +4.9/10.0
• Livability +3.6/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Fabulous Corner Unit. This unit features a Private Entrance just a few steps into your own Unit. Outside area is spacious for Family & Friends gatherings and barbecuing. Well maintained grounds and large Garden rounds off the front of this Corner unit. Inside, this home boasts new Hardwood floors, a Custom Kitchen, Tiled Floors, Granite Counter Tops, Under Cabinet Lighting, Roll-out drawers and a built in Spice Rack. Updated Bath, Washer and Gas Dryer in Unit make this unit convenient for all or anyone requiring an office or Den. The Complex has a Full size Pool with WiFi and a Modern and well maintained Playground for you and your Family’s enjoyment. Must SEE to appreciate. Monthly Maintenance does not include the STAR credit of $116.00. 1 indoor cat allowed. Please Contact me directly with any questions. Additional Information: Amenities:Storage,HeatingFuel:Oil Above Ground,

Key facts

• Community amenities
• Pool
• Updated bathroom

Tags

• UPDATED BATHROOM
• COMMUNITY AMENITIES
• POOL
• PLAYGROUND
• CLOSE PROXIMITY TO METRO-NORTH
• VARIETY OF SHOPPING CENTERS

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath condo listed at $429k.

Deal economics

• At list price, monthly cash flow is $933 ($11k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($5k rent vs $429k).
• Recommended offer: $423k (1.5% below list) — sets the bar for market timing.
• Cap rate 8.9% vs local median 4.3% in White Plains — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 71/100 on livability (#410 in NY) — a middle-class / working-renter tenant base. Strengths: commute A+, employment A+, crime A-; Watch: amenities F, cost of living F.
• Greenburgh Central School District (suburban): math 51% / reading 55% proficiency, ranked #267 of 590 in NY (top 45%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 156 active listings in the ZIP; 20 comparable units currently listed for rent nearby; rentals at typical pace (median 18d 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 $3k of loan paydown is wiped out by about $13k 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 27 days — a 2% lower offer ($423k) is reasonable based on typical stale-listing flexibility.
• 12 sale attempts since 20y 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 $260k; list at $429k implies a 65% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1959 — 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 $422,565 (1.5% below list)

Questions for the listing agent

1. Built in 1959 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. 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?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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.
5. 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.
6. 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: 1.15% ✓
• Cap rate: 8.90%
• Cash-on-cash: 9.33%
• DSCR: 1.41
• GRM: 7.2

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: -2.2%
• Equity multiple: 0.92×
• Total profit: $-9,990
• Equity at exit: $63,965

10-year hold

• IRR: 7.5%
• Equity multiple: 1.57×
• Total profit: $68,158
• Equity at exit: $37,092

Cash invested: $120,120 (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 10530

• Active inventory: 156
• Price-to-rent: 7.2×

Monthly cashflow live

• Estimated rent: $4,934 high
• Mortgage (P&I): −$2,250
• Tax est. 1.5%: −$536 /mo · $6,435/yr
• Insurance: −$179
• HOA: −$0
• Vacancy / Maint / Mgmt: −$1,036
• Net cashflow: $933

Break-even live

Break-even rent $3,753

Max offer price $429,000

Occupancy floor 76%

Sensitivity live

Price	-10% $1,230	-5% $1,082	+0% $933	+5% $785	+10% $637
Rent	-10% $544	-5% $739	+0% $933	+5% $1,128	+10% $1,323
Rate	-1.0pp $1,149	-0.5pp $1,043	base $933	+0.5pp $822	+1.0pp $709

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: $107,250
• Closing costs: $12,870
• Reserves months: —
• Total cash needed: —

Rent comps 20 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
15 Homewood Rd Hartsdale, NY	3.0	2.0	1868	$7,000	$3.75	25d	1	0.53mi
9 Ridgeview Ave White Plains, NY	3.0	1.0	1500	$3,500	$2.33	25d	1	0.99mi
55 Bank St White Plains, NY	2.0	1.0–2.0	813	$5,418	$6.66	0d	23	1.00mi
57 Bank St Unit 1040035P White Plains, NY	2.0	1.0–2.0	726	$9,348	$12.88	3d	3	1.01mi
15 Bank St White Plains, NY	1.0–2.0	1.0–2.0	934	$5,064	$5.42	2d	20	1.02mi
1 Martine Ave White Plains, NY	1.0–2.0	1.0–2.0	827	$4,295	$5.19	3d	12	1.08mi
25 N Lexington Ave White Plains, NY	3.0	1.0–2.0	988	$7,972	$8.07	0d	25	1.08mi
34 S Lexington Ave White Plains, NY	1.0–2.0	1.0–2.0	871	$4,195	$4.82	6d	6	1.11mi
26 Fairview Ave White Plains, NY	3.0	1.5	1100	$3,600	$3.27	44d	1	1.16mi
140 E Hartsdale Ave Hartsdale, NY	2.0	1.0	875	$2,895	$3.31	23d	1	1.16mi
846 Hartsdale Rd White Plains, NY	3.0	2.5	1500	$5,200	$3.47	18d	1	1.18mi
27 Barker Ave White Plains, NY	2.0	1.0–2.0	1131	$5,391	$4.76	0d	18	1.34mi
290 E Main St Elmsford, NY	1.0–2.0	1.0–2.0	1077	$4,107	$3.81	0d	6	1.35mi
5 Renaissance Sq Apt 21F White Plains, NY	2.0	2.5	1534	$6,850	$4.47	18d	1	1.38mi
250 S Central Ave Apt 3I Hartsdale, NY	2.0	1.0	1000	$4,350	$4.35	44d	1	1.40mi
250 S Central Ave Apt 4A Hartsdale, NY	2.0	1.0	1289	$4,350	$3.37	17d	1	1.40mi
250 Central Park Ave Unit 5I Hartsdale, NY	2.0	1.0	1000	$4,550	$4.55	18d	1	1.42mi
250 S Central Ave Hartsdale, NY	1.0–2.0	1.0–2.0	1084	$5,500	$5.07	0d	1	1.42mi
55 N Broadway Unit 3-15H White Plains, NY	2.0	2.5	1310	$3,850	$2.94	44d	1	1.48mi
13 Granada Cres #1 White Plains, NY	2.0	2.0	1100	$3,500	$3.18	25d	1	1.48mi

HOA detail condo

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

Listing history 31 events

1. 2026-05-04
   status Pending
2. 2026-03-27
   listed $429,000 Active
3. 2019-03-12
   soldstatus $260,000 Sold 900-char remark

   Show marketing remark (900 chars)

   Fabulous Corner Unit. This unit features a Private Entrance just a few steps into your own Unit. Outside area is spacious for Family & Friends gatherings and barbecuing. Well maintained grounds and large Garden rounds off the front of this Corner unit. Inside, this home boasts new Hardwood floors, a Custom Kitchen, Tiled Floors, Granite Counter Tops, Under Cabinet Lighting, Roll-out drawers and a built in Spice Rack. Updated Bath, Washer and Gas Dryer in Unit make this unit convenient for all or anyone requiring an office or Den. The Complex has a Full size Pool with WiFi and a Modern and well maintained Playground for you and your Family’s enjoyment. Must SEE to appreciate. Monthly Maintenance does not include the STAR credit of $116.00. 1 indoor cat allowed. Please Contact me directly with any questions. Additional Information: Amenities:Storage,HeatingFuel:Oil Above Ground,

4. 2018-12-19
   status Pending 900-char remark

   Show marketing remark (900 chars)

   Fabulous Corner Unit. This unit features a Private Entrance just a few steps into your own Unit. Outside area is spacious for Family & Friends gatherings and barbecuing. Well maintained grounds and large Garden rounds off the front of this Corner unit. Inside, this home boasts new Hardwood floors, a Custom Kitchen, Tiled Floors, Granite Counter Tops, Under Cabinet Lighting, Roll-out drawers and a built in Spice Rack. Updated Bath, Washer and Gas Dryer in Unit make this unit convenient for all or anyone requiring an office or Den. The Complex has a Full size Pool with WiFi and a Modern and well maintained Playground for you and your Family’s enjoyment. Must SEE to appreciate. Monthly Maintenance does not include the STAR credit of $116.00. 1 indoor cat allowed. Please Contact me directly with any questions. Additional Information: Amenities:Storage,HeatingFuel:Oil Above Ground,

5. 2018-11-15
   listed $262,000 Active 900-char remark

   Show marketing remark (900 chars)

   Fabulous Corner Unit. This unit features a Private Entrance just a few steps into your own Unit. Outside area is spacious for Family & Friends gatherings and barbecuing. Well maintained grounds and large Garden rounds off the front of this Corner unit. Inside, this home boasts new Hardwood floors, a Custom Kitchen, Tiled Floors, Granite Counter Tops, Under Cabinet Lighting, Roll-out drawers and a built in Spice Rack. Updated Bath, Washer and Gas Dryer in Unit make this unit convenient for all or anyone requiring an office or Den. The Complex has a Full size Pool with WiFi and a Modern and well maintained Playground for you and your Family’s enjoyment. Must SEE to appreciate. Monthly Maintenance does not include the STAR credit of $116.00. 1 indoor cat allowed. Please Contact me directly with any questions. Additional Information: Amenities:Storage,HeatingFuel:Oil Above Ground,

6. 2017-06-20
   historical
7. 2017-04-28
   price $264,999
8. 2017-04-28
   status Active
9. 2017-01-20
   historical
10. 2017-01-05
    listed $259,000 Active
11. 2016-12-23
    historical
12. 2016-09-02
    listed $259,000 Active
13. 2015-12-31
    historical
14. 2015-12-21
    historical Temporarily off Market
15. 2015-08-11
    price
16. 2015-07-17
    price
17. 2015-06-23
    listed $244,900
18. 2015-06-23
    listed Active
19. 2012-11-26
    historical
20. 2012-11-26
    historical
21. 2012-10-09
    listed Active
22. 2012-10-08
    listed $258,000
23. 2012-10-05
    historical Cancelled
24. 2012-09-13
    price
25. 2012-06-06
    price
26. 2012-06-01
    status Active
27. 2012-06-01
    historical
28. 2012-04-03
    price
29. 2011-11-03
    listed Active
30. 2006-09-24
    historical
31. 2006-05-24
    listed

ⓘ 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 (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥98°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 · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $59,213
• − Mortgage interest: −$24,031
• − Property taxes: −$6,435
• − Insurance: −$2,145
• − Repairs & maintenance: −$4,737
• − Management: −$4,737
• − Depreciation: −$12,480
• Taxable income: $4,648
• Est. tax owed @ 24.0%: −$1,116
• After-tax cash flow: $10,086/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: Greenburgh Central School District
• NCES district ID: 3612720
• Math proficiency: 51% ▲ 4.00%
• Reading proficiency: 55% ▲ 5.00%
• Median HH income: $93,626
• Composite: 49.43/100
• National rank: #2005
• State rank: #267 of 590 in NY

Livability — White Plains

• Score: 71/100
• State rank: #410
• US rank: #6801

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• City population: 61,281
• Population (ZIP): 13,955

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 (68%)
• Race & ethnicity: White 68% Hispanic / Latino 12% Asian 10% Two or more races 9% Black 7%
• Hispanic origin (detail): Mexican 2% Puerto Rican 4% Dominican 2%
• Common ancestry: Romanian 9% Scotch-Irish 5% Italian 2%
• Foreign-born: 23% · Canada, China, South Korea
• Languages at home: 71% English-only · Spanish 9% Other Indo-European 6% Russian/Polish/Slavic 5%

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: ▼ -616.16%
• Current HPI: 320.7324
• 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

+66.3% since first listed

31 events — show timeline

• 2026-05-04 Pending — OneKey® MLS as Distributed by MLS Grid
• 2026-03-27 Listed $429,000 OneKey® MLS as Distributed by MLS Grid
• 2019-03-12 Sold (MLS) $260,000 OneKey® MLS as Distributed by MLS Grid
• 2018-12-19 Pending — OneKey® MLS as Distributed by MLS Grid
• 2018-11-15 Listed $262,000 OneKey® MLS as Distributed by MLS Grid
• 2017-06-20 Listing Removed — OneKey® MLS as Distributed by MLS Grid
• 2017-04-28 Price Changed $264,999 OneKey® MLS as Distributed by MLS Grid
• 2017-04-28 Relisted — OneKey® MLS as Distributed by MLS Grid
• 2017-01-20 Listing Removed — OneKey® MLS as Distributed by MLS Grid
• 2017-01-05 Listed $259,000 OneKey® MLS as Distributed by MLS Grid
• 2016-12-23 Listing Removed — OneKey® MLS as Distributed by MLS Grid
• 2016-09-02 Listed $259,000 OneKey® MLS as Distributed by MLS Grid
• 2015-12-31 Listing Removed — OneKey® MLS as Distributed by MLS Grid
• 2015-12-21 Delisted — HGMLS
• 2015-08-11 Price Changed — HGMLS
• 2015-07-17 Price Changed — HGMLS
• 2015-06-23 Listed $244,900 OneKey® MLS as Distributed by MLS Grid
• 2015-06-23 Listed — HGMLS
• 2012-11-26 Delisted — HGMLS
• 2012-11-26 Listing Removed — OneKey® MLS as Distributed by MLS Grid
• 2012-10-09 Listed — HGMLS
• 2012-10-08 Listed $258,000 OneKey® MLS as Distributed by MLS Grid
• 2012-10-05 Delisted — HGMLS
• 2012-09-13 Price Changed — HGMLS
• 2012-06-06 Price Changed — HGMLS
• 2012-06-01 Relisted — HGMLS
• 2012-06-01 Delisted — HGMLS
• 2012-04-03 Price Changed — HGMLS
• 2011-11-03 Listed — HGMLS
• 2006-09-24 Delisted — HGMLS
• 2006-05-24 Listed — HGMLS