79 Halley St · Yonkers, NY 10704

$2,300

5 bd · 3.5 ba · 2,608 sqft · MultiFamily public records · 13 Days on market

Built 1966 2,614 sqft lot

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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).

• Cash flow +15.0/30.0
• ARV discount +7.5/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Rent growth +5.0/5.0
• Schools +4.1/10.0
• Livability +3.4/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 1 unit. estimate disagrees with records

Listing remarks MLS

3 Family home just hit the market for the first time .Owner lived at these great home 46 years ,kept well. 2 units have 2 bedroom ,1 bath , 1 unit first floor have 1 bedroom ,1 bathroom .Laundry for the tenants on promise ,Only second floor unit is occupied no lease tenant lives for a long time pays $$ under market ..Days to schedule viewing Mon -Friday ,10am to 12 noon and weekends ,Saturday 11am - 4pm ,Sunday 12- 4pm .Send Pre-Approval before showing no exception .Mask is required .First showing first floor and 3rd floor ,second showing will be 2nd floor. Additional Information: ParkingFeatures:1 Car Attached,

Key facts

• Natural lighting
• Ample storage space
• Renovated

Tags

• RENOVATED
• NATURAL LIGHTING
• STAINLESS STEEL APPLIANCES
• HUGE CLOSET SPACE
• AMPLE STORAGE SPACE
• SHARED COURTYARD

Property features AI

Exterior

• Parking: Assigned parking; 1-car garage
• Utilities: Public sewer; Natural gas available; Water available and connected; Sewer connected; Trash collection (private)
• Home design: Single family residence; Bi-level
• Construction: Brick construction
• Exterior features: Brick construction; Not waterfront

Interior

• Kitchen: Gas cooktop; Gas oven; Gas range
• Bedrooms: Bedroom on the first floor
• Bathrooms: 1 full bathroom
• Heating & cooling: Electric heating; Electric cooling
• Interior features: First-floor bedroom; Bi-level layout; No basement; Attic: none; Two total rooms

🏷️ Possibly a rental listed for sale. The $2,300 price doesn't fit this home's estimated sale value (~$910,192) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 5-bed/3.5-bath multifamily listed at $2k.

Deal economics

• At list price, monthly cash flow is $4k ($43k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($5k rent vs $2k).
• Cap rate 1891.2% vs local median 5.3% in Yonkers — 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 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.
• Zoned schools: Yonkers Early Childhood Academy (327 students, 72% FRL); Yonkers Middle School (math 17% / reading 37%, grade F, #587 of 729 statewide, top 81%, 601 students, 88% FRL); Yonkers High School (math 92% / reading 88%, grade A+, #238 of 1,100 statewide, top 23%, 1,060 students, 76% FRL) — zoned schools average 79% FRL vs 64% district-wide (15 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising fast (+21.0%/yr); 165 active listings in the ZIP; 1 comparable units currently listed for rent nearby; solid renter incomes; 954 units permitted in Westchester County in 2024 (649 in 5+ unit buildings).
• At $4,593/mo this rent would consume 52% of the median local household income ($107k/yr) (locally 1078% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $16 of loan paydown is wiped out by about $69 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.
• At projected returns (-3.0% appreciation + 8.0% rent growth), your $644 cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• Only 13 days on market — expect competitive offers; lowballing is unlikely to land.
• 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.

Risks & watch-outs

• 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 $2,300

Questions for the listing agent

1. Built in 1966 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
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: 199.71% ✓
• Cap rate: 1891.25%
• Cash-on-cash: 6731.98%
• DSCR: 300.54
• GRM: 0.0

CMA / ARV

• ARV (on-the-fly): $910,192
• Comps found: 11

Show comp detail 11 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
18 Breglia St	0.09mi	5/3.0	2,553 (-2%)	13mo	$895,000	$351	80
234 Vredenburgh Ave	0.33mi	4/2.0 (-1)	2,580 (-1%)	8mo	$999,000	$387	65
248 Westchester Ave	0.67mi	6/4.0 (+1)	2,674 (+2%)	0mo	$855,000	$320	58
19 N Terrace Ave	0.62mi	4/2.0 (-1)	2,614 (+0%)	4mo	$550,000	$210	56
211 N 8th Ave	0.54mi	6/3.0 (+1)	2,500 (-4%)	12mo	$872,000	$349	51
15 Breglia St	0.09mi	5/2.0	2,272 (-13%)	24mo	$885,000	$390	48
26 N Terrace Ave	0.59mi	6/3.0 (+1)	2,814 (+8%)	11mo	$950,000	$338	43
50 Edgewood Ave	0.25mi	5/2.0	2,254 (-14%)	24mo	$800,000	$355	40
45 Emerson St	0.68mi	4/2.0 (-1)	2,835 (+9%)	6mo	$999,999	$353	38
118 N High St	0.54mi	4/3.0 (-1)	2,431 (-7%)	23mo	$760,000	$313	37
98 W Lincoln Ave	0.47mi	4/3.5 (-1)	2,983 (+14%)	18mo	$695,000	$233	34

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 · 8.0% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 395.53×
• Total profit: $254,074
• Equity at exit: $343

10-year hold

• IRR: —
• Equity multiple: 976.63×
• Total profit: $628,303
• Equity at exit: $199

Cash invested: $644 (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

Monthly cashflow live

• Estimated rent: $4,593 medium
• Mortgage (P&I): −$12
• Tax est. 1.5%: −$3 /mo · $34/yr
• Insurance: −$1
• HOA: −$0
• Vacancy / Maint / Mgmt: −$965
• Net cashflow: $3,613

Break-even live

Break-even rent $20

Max offer price $2,300

Occupancy floor 16%

Sensitivity live

Price	-10% $3,614	-5% $3,614	+0% $3,613	+5% $3,612	+10% $3,611
Rent	-10% $3,250	-5% $3,431	+0% $3,613	+5% $3,794	+10% $3,976
Rate	-1.0pp $3,614	-0.5pp $3,613	base $3,613	+0.5pp $3,612	+1.0pp $3,612

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: $575
• Closing costs: $69
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
222 Primrose Ave Unit 2 Mt Vernon, NY	5.0	2.0	1900	$5,250	$2.76	20d	1	0.92mi

Listing history 8 events

1. 2026-06-21
   days on market $2,300 Active 13 DOM
2. 2026-06-18
   days on market $2,300 Active 10 DOM
3. 2026-06-17
   days on market $2,300 Active 9 DOM
4. 2026-06-16
   days on market $2,300 Active 8 DOM
5. 2026-06-15
   days on market $2,300 Active 7 DOM
6. 2026-06-13
   days on market $2,300 Active 5 DOM
7. 2026-06-08
   remarks 623-char remark
8. 2026-06-08
   listed $2,300 Active 1 DOM

ⓘ 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 6/10 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 5/10 Major 6 unhealthy d/yr today · 8 by 30 yrs out

Taxation est. · year 1

• Rental income: $55,120
• − Mortgage interest: −$129
• − Property taxes: −$34
• − Insurance: −$12
• − Repairs & maintenance: −$4,410
• − Management: −$4,410
• − Depreciation: −$67
• Taxable income: $46,059
• Est. tax owed @ 24.0%: −$11,054
• After-tax cash flow: $32,300/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

-99.7% since first listed

9 events — show timeline

• 2026-06-03 Listed $2,300 OneKey® MLS as Distributed by MLS Grid
• 2022-10-13 Sold (Public Records) $780,000 Public Records
• 2022-07-15 Sold (MLS) $780,000 OneKey® MLS as Distributed by MLS Grid
• 2022-03-04 Pending — OneKey® MLS as Distributed by MLS Grid
• 2022-02-22 Listing Removed — OneKey® MLS as Distributed by MLS Grid
• 2021-12-28 Price Changed $815,000 OneKey® MLS as Distributed by MLS Grid
• 2021-11-18 Relisted — OneKey® MLS as Distributed by MLS Grid
• 2021-11-14 Listing Removed — OneKey® MLS as Distributed by MLS Grid
• 2021-11-12 Listed $825,000 OneKey® MLS as Distributed by MLS Grid

Property tax history

-22.7%/yr

Latest (2025): $2,158 · +0.5% YoY. Source: county tax records.