124 County Highway 140 · Palatine Bridge, NY 13452

$24,900

4 bd · 1.0 ba · 3,120 sqft · SingleFamily public records · 790 Days on market

Built 1890 9,583 sqft lot ↓ 55% since listing

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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 +15.0/30.0
• Appreciation +10.0/10.0
• ARV discount +7.5/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Schools +3.5/10.0
• Livability +3.3/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Sellers loss is your gain. 33k roof with transferable warranty. Buy a home for less than the price of a car. Rich in history, this circa 1890 colonial would be a great project for the expert craftsman looking for that special project. This diamond in the rough was built by James H. Yanney and was one of the first homes built in the area when it was previously known as Ephratah Proper. All large rooms with period details still in place and waiting to be revived, 10 ft ceilings, pocket doors, 12'' base molding, dual stair cases, walk up attic, huge structure with great layout just waiting for that special person who can appreciate the history and revive this home to its glory days. It is located just 6 miles to Royal Mountain skiing, 11 miles to Caroga Lake, 45 minutes to Saratoga and 10 minutes to the village of Canajoharie. This special home could be your next worthwhile project. CASH ONLY

Key facts

• Walk up attic
• Period details
• 9,583 sq ft lot

Tags

• PERIOD DETAILS
• WALK UP ATTIC

Property features AI

Exterior

• Parking: Driveway with space for 2 vehicles
• Security: Security features present
• Utilities: Cable available; Water source: other; Sewer: other/unknown
• Home design: Single family residence; Fixer condition
• Construction: Aluminum siding, plaster, and stone exterior materials; Stone foundation
• Exterior features: Level lot; 64 ft main road frontage; Asphalt roof

Interior

• Kitchen: Kitchen on the first floor
• Bedrooms: Four bedrooms on the second floor
• Flooring: Wood flooring
• Bathrooms: One full bathroom (second floor); One half bathroom (first floor)
• Interior features: Walk-in closet(s); Unfinished full basement with interior and exterior entry; Pantry room

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $25k.

Deal economics

• At list price, monthly cash flow is $926 ($11k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $25k).
• Recommended offer: $22k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 66/100 on livability (#663 in NY) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: employment C-, schools F, crime F.
• Johnstown City School District (town): math 35% / reading 47% proficiency, ranked #509 of 590 in NY (top 86%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 34 active listings in the ZIP; 112 units permitted in Fulton County in 2024 (50 in 5+ unit buildings).

Forward outlook

• In year one you build about $3k of equity ($172 loan paydown + $2k appreciation (10.0% local appreciation)).
• Fulton County population projected at -23% 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 $7k cash investment doubles in ~1 year — after that, you're playing with house money.
• By year 10, 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 790 days — a 12% lower offer ($22k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 2y ago; this cycle's ask has dropped $40k (62%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1890 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $21,912 (12.0% below list)

Questions for the listing agent

1. It's been on market 790 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1890 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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?
7. 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.
8. 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.
9. 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: 5.58% ✓
• Cap rate: 50.90%
• Cash-on-cash: 159.32%
• DSCR: 8.09
• GRM: 1.5

CMA / ARV

• ARV (on-the-fly): $246,480
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
102 Church Hill Rd	0.06mi	5/2.0 (+1)	3,362 (+8%)	18mo	$265,000	$79	60

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

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

5-year hold

• IRR: —
• Equity multiple: 11.40×
• Total profit: $72,537
• Equity at exit: $22,432

10-year hold

• IRR: —
• Equity multiple: 24.99×
• Total profit: $167,290
• Equity at exit: $48,375

Cash invested: $6,972 (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 13452

• Home prices YoY: 3.4%
• Active inventory: 34
• Price-to-rent: 1.5×

Monthly cashflow live

• Estimated rent: $1,390 medium
• Mortgage (P&I): −$131
• Tax est. 1.5%: −$31 /mo · $374/yr
• Insurance: −$10
• HOA: −$0
• Vacancy / Maint / Mgmt: −$292
• Net cashflow: $926

Break-even live

Break-even rent $218

Max offer price $24,900

Occupancy floor 28%

Sensitivity live

Price	-10% $943	-5% $934	+0% $926	+5% $917	+10% $908
Rent	-10% $816	-5% $871	+0% $926	+5% $981	+10% $1,035
Rate	-1.0pp $938	-0.5pp $932	base $926	+0.5pp $919	+1.0pp $913

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: $6,225
• Closing costs: $747
• Reserves months: —
• Total cash needed: —

Listing history 37 events

1. 2026-06-16
   status $24,900 Pending 790 DOM
2. 2026-06-15
   days on market $24,900 Active 790 DOM
3. 2026-06-13
   days on market $24,900 Active 788 DOM
4. 2026-06-12
   days on market $24,900 Active 787 DOM
5. 2026-06-09
   days on market $24,900 Active 784 DOM
6. 2026-06-09
   price $24,900 Active 783 DOM
7. 2026-06-08
   days on market $29,000 Active 783 DOM
8. 2026-06-07
   days on market $29,000 Active 782 DOM
9. 2026-06-07
   days on market $29,000 Active 781 DOM
10. 2026-06-04
    days on market $29,000 Active 778 DOM
11. 2026-06-02
    days on market $29,000 Active 777 DOM
12. 2026-06-01
    days on market $29,000 Active 776 DOM
13. 2026-05-31
    days on market $29,000 Active 775 DOM
14. 2026-05-05
    price $29,000 902-char remark

    Show marketing remark (793 chars)

    Rich in history, this circa 1890 colonial would be a great project for the expert craftsman looking for that special project. This diamond in the rough was built by James H. Yanney and was one of the first homes built in the area when it was previously known as Ephratah Proper. All large rooms with period details still in place and waiting to be revived, 10 ft ceilings, pocket doors, 12'' base molding, dual stair cases, walk up attic, huge structure with great layout just waiting for that special person who can appreciate the history and revive this home to its glory days. It is located just 6 miles to Royal Mountain skiing, 11 miles to Caroga Lake, 45 minutes to Saratoga and 10 minutes to the village of Canajoharie. This special home could be your next worthwhile project. CASH ONLY

15. 2026-05-05
    price $29,000 793-char remark

    Show marketing remark (793 chars)

    Rich in history, this circa 1890 colonial would be a great project for the expert craftsman looking for that special project. This diamond in the rough was built by James H. Yanney and was one of the first homes built in the area when it was previously known as Ephratah Proper. All large rooms with period details still in place and waiting to be revived, 10 ft ceilings, pocket doors, 12'' base molding, dual stair cases, walk up attic, huge structure with great layout just waiting for that special person who can appreciate the history and revive this home to its glory days. It is located just 6 miles to Royal Mountain skiing, 11 miles to Caroga Lake, 45 minutes to Saratoga and 10 minutes to the village of Canajoharie. This special home could be your next worthwhile project. CASH ONLY

16. 2026-05-05
    price $29,000

    Show marketing remark (793 chars)

    Rich in history, this circa 1890 colonial would be a great project for the expert craftsman looking for that special project. This diamond in the rough was built by James H. Yanney and was one of the first homes built in the area when it was previously known as Ephratah Proper. All large rooms with period details still in place and waiting to be revived, 10 ft ceilings, pocket doors, 12'' base molding, dual stair cases, walk up attic, huge structure with great layout just waiting for that special person who can appreciate the history and revive this home to its glory days. It is located just 6 miles to Royal Mountain skiing, 11 miles to Caroga Lake, 45 minutes to Saratoga and 10 minutes to the village of Canajoharie. This special home could be your next worthwhile project. CASH ONLY

17. 2026-03-18
    price $34,000 793-char remark

    Show marketing remark (902 chars)

    Sellers loss is your gain. 33k roof with transferable warranty. Buy a home for less than the price of a car. Rich in history, this circa 1890 colonial would be a great project for the expert craftsman looking for that special project. This diamond in the rough was built by James H. Yanney and was one of the first homes built in the area when it was previously known as Ephratah Proper. All large rooms with period details still in place and waiting to be revived, 10 ft ceilings, pocket doors, 12'' base molding, dual stair cases, walk up attic, huge structure with great layout just waiting for that special person who can appreciate the history and revive this home to its glory days. It is located just 6 miles to Royal Mountain skiing, 11 miles to Caroga Lake, 45 minutes to Saratoga and 10 minutes to the village of Canajoharie. This special home could be your next worthwhile project. CASH ONLY

18. 2026-03-18
    price $34,000 902-char remark

    Show marketing remark (902 chars)

    Sellers loss is your gain. 33k roof with transferable warranty. Buy a home for less than the price of a car. Rich in history, this circa 1890 colonial would be a great project for the expert craftsman looking for that special project. This diamond in the rough was built by James H. Yanney and was one of the first homes built in the area when it was previously known as Ephratah Proper. All large rooms with period details still in place and waiting to be revived, 10 ft ceilings, pocket doors, 12'' base molding, dual stair cases, walk up attic, huge structure with great layout just waiting for that special person who can appreciate the history and revive this home to its glory days. It is located just 6 miles to Royal Mountain skiing, 11 miles to Caroga Lake, 45 minutes to Saratoga and 10 minutes to the village of Canajoharie. This special home could be your next worthwhile project. CASH ONLY

19. 2026-03-18
    price $34,000

    Show marketing remark (902 chars)

    Sellers loss is your gain. 33k roof with transferable warranty. Buy a home for less than the price of a car. Rich in history, this circa 1890 colonial would be a great project for the expert craftsman looking for that special project. This diamond in the rough was built by James H. Yanney and was one of the first homes built in the area when it was previously known as Ephratah Proper. All large rooms with period details still in place and waiting to be revived, 10 ft ceilings, pocket doors, 12'' base molding, dual stair cases, walk up attic, huge structure with great layout just waiting for that special person who can appreciate the history and revive this home to its glory days. It is located just 6 miles to Royal Mountain skiing, 11 miles to Caroga Lake, 45 minutes to Saratoga and 10 minutes to the village of Canajoharie. This special home could be your next worthwhile project. CASH ONLY

20. 2025-10-14
    price $38,000 793-char remark

    Show marketing remark (902 chars)

    Sellers loss is your gain. 33k roof with transferable warranty. Buy a home for less than the price of a car. Rich in history, this circa 1890 colonial would be a great project for the expert craftsman looking for that special project. This diamond in the rough was built by James H. Yanney and was one of the first homes built in the area when it was previously known as Ephratah Proper. All large rooms with period details still in place and waiting to be revived, 10 ft ceilings, pocket doors, 12'' base molding, dual stair cases, walk up attic, huge structure with great layout just waiting for that special person who can appreciate the history and revive this home to its glory days. It is located just 6 miles to Royal Mountain skiing, 11 miles to Caroga Lake, 45 minutes to Saratoga and 10 minutes to the village of Canajoharie. This special home could be your next worthwhile project. CASH ONLY

21. 2025-10-14
    price $38,000 902-char remark

    Show marketing remark (902 chars)

    Sellers loss is your gain. 33k roof with transferable warranty. Buy a home for less than the price of a car. Rich in history, this circa 1890 colonial would be a great project for the expert craftsman looking for that special project. This diamond in the rough was built by James H. Yanney and was one of the first homes built in the area when it was previously known as Ephratah Proper. All large rooms with period details still in place and waiting to be revived, 10 ft ceilings, pocket doors, 12'' base molding, dual stair cases, walk up attic, huge structure with great layout just waiting for that special person who can appreciate the history and revive this home to its glory days. It is located just 6 miles to Royal Mountain skiing, 11 miles to Caroga Lake, 45 minutes to Saratoga and 10 minutes to the village of Canajoharie. This special home could be your next worthwhile project. CASH ONLY

22. 2025-10-14
    price $38,000

    Show marketing remark (902 chars)

    Sellers loss is your gain. 33k roof with transferable warranty. Buy a home for less than the price of a car. Rich in history, this circa 1890 colonial would be a great project for the expert craftsman looking for that special project. This diamond in the rough was built by James H. Yanney and was one of the first homes built in the area when it was previously known as Ephratah Proper. All large rooms with period details still in place and waiting to be revived, 10 ft ceilings, pocket doors, 12'' base molding, dual stair cases, walk up attic, huge structure with great layout just waiting for that special person who can appreciate the history and revive this home to its glory days. It is located just 6 miles to Royal Mountain skiing, 11 miles to Caroga Lake, 45 minutes to Saratoga and 10 minutes to the village of Canajoharie. This special home could be your next worthwhile project. CASH ONLY

23. 2025-09-09
    price $40,000 793-char remark

    Show marketing remark (902 chars)

    Sellers loss is your gain. 33k roof with transferable warranty. Buy a home for less than the price of a car. Rich in history, this circa 1890 colonial would be a great project for the expert craftsman looking for that special project. This diamond in the rough was built by James H. Yanney and was one of the first homes built in the area when it was previously known as Ephratah Proper. All large rooms with period details still in place and waiting to be revived, 10 ft ceilings, pocket doors, 12'' base molding, dual stair cases, walk up attic, huge structure with great layout just waiting for that special person who can appreciate the history and revive this home to its glory days. It is located just 6 miles to Royal Mountain skiing, 11 miles to Caroga Lake, 45 minutes to Saratoga and 10 minutes to the village of Canajoharie. This special home could be your next worthwhile project. CASH ONLY

24. 2025-09-09
    price $40,000 902-char remark

    Show marketing remark (902 chars)

    Sellers loss is your gain. 33k roof with transferable warranty. Buy a home for less than the price of a car. Rich in history, this circa 1890 colonial would be a great project for the expert craftsman looking for that special project. This diamond in the rough was built by James H. Yanney and was one of the first homes built in the area when it was previously known as Ephratah Proper. All large rooms with period details still in place and waiting to be revived, 10 ft ceilings, pocket doors, 12'' base molding, dual stair cases, walk up attic, huge structure with great layout just waiting for that special person who can appreciate the history and revive this home to its glory days. It is located just 6 miles to Royal Mountain skiing, 11 miles to Caroga Lake, 45 minutes to Saratoga and 10 minutes to the village of Canajoharie. This special home could be your next worthwhile project. CASH ONLY

25. 2025-09-09
    price $40,000

    Show marketing remark (902 chars)

    Sellers loss is your gain. 33k roof with transferable warranty. Buy a home for less than the price of a car. Rich in history, this circa 1890 colonial would be a great project for the expert craftsman looking for that special project. This diamond in the rough was built by James H. Yanney and was one of the first homes built in the area when it was previously known as Ephratah Proper. All large rooms with period details still in place and waiting to be revived, 10 ft ceilings, pocket doors, 12'' base molding, dual stair cases, walk up attic, huge structure with great layout just waiting for that special person who can appreciate the history and revive this home to its glory days. It is located just 6 miles to Royal Mountain skiing, 11 miles to Caroga Lake, 45 minutes to Saratoga and 10 minutes to the village of Canajoharie. This special home could be your next worthwhile project. CASH ONLY

26. 2025-08-08
    price $45,000 902-char remark

    Show marketing remark (793 chars)

    Rich in history, this circa 1890 colonial would be a great project for the expert craftsman looking for that special project. This diamond in the rough was built by James H. Yanney and was one of the first homes built in the area when it was previously known as Ephratah Proper. All large rooms with period details still in place and waiting to be revived, 10 ft ceilings, pocket doors, 12'' base molding, dual stair cases, walk up attic, huge structure with great layout just waiting for that special person who can appreciate the history and revive this home to its glory days. It is located just 6 miles to Royal Mountain skiing, 11 miles to Caroga Lake, 45 minutes to Saratoga and 10 minutes to the village of Canajoharie. This special home could be your next worthwhile project. CASH ONLY

27. 2025-08-08
    price $45,000 793-char remark

    Show marketing remark (793 chars)

    Rich in history, this circa 1890 colonial would be a great project for the expert craftsman looking for that special project. This diamond in the rough was built by James H. Yanney and was one of the first homes built in the area when it was previously known as Ephratah Proper. All large rooms with period details still in place and waiting to be revived, 10 ft ceilings, pocket doors, 12'' base molding, dual stair cases, walk up attic, huge structure with great layout just waiting for that special person who can appreciate the history and revive this home to its glory days. It is located just 6 miles to Royal Mountain skiing, 11 miles to Caroga Lake, 45 minutes to Saratoga and 10 minutes to the village of Canajoharie. This special home could be your next worthwhile project. CASH ONLY

28. 2025-08-08
    price $45,000

    Show marketing remark (793 chars)

    Rich in history, this circa 1890 colonial would be a great project for the expert craftsman looking for that special project. This diamond in the rough was built by James H. Yanney and was one of the first homes built in the area when it was previously known as Ephratah Proper. All large rooms with period details still in place and waiting to be revived, 10 ft ceilings, pocket doors, 12'' base molding, dual stair cases, walk up attic, huge structure with great layout just waiting for that special person who can appreciate the history and revive this home to its glory days. It is located just 6 miles to Royal Mountain skiing, 11 miles to Caroga Lake, 45 minutes to Saratoga and 10 minutes to the village of Canajoharie. This special home could be your next worthwhile project. CASH ONLY

29. 2025-04-12
    price $49,900 902-char remark

    Show marketing remark (902 chars)

    Sellers loss is your gain. 33k roof with transferable warranty. Buy a home for less than the price of a car. Rich in history, this circa 1890 colonial would be a great project for the expert craftsman looking for that special project. This diamond in the rough was built by James H. Yanney and was one of the first homes built in the area when it was previously known as Ephratah Proper. All large rooms with period details still in place and waiting to be revived, 10 ft ceilings, pocket doors, 12'' base molding, dual stair cases, walk up attic, huge structure with great layout just waiting for that special person who can appreciate the history and revive this home to its glory days. It is located just 6 miles to Royal Mountain skiing, 11 miles to Caroga Lake, 45 minutes to Saratoga and 10 minutes to the village of Canajoharie. This special home could be your next worthwhile project. CASH ONLY

30. 2025-04-12
    price $49,900

    Show marketing remark (902 chars)

    Sellers loss is your gain. 33k roof with transferable warranty. Buy a home for less than the price of a car. Rich in history, this circa 1890 colonial would be a great project for the expert craftsman looking for that special project. This diamond in the rough was built by James H. Yanney and was one of the first homes built in the area when it was previously known as Ephratah Proper. All large rooms with period details still in place and waiting to be revived, 10 ft ceilings, pocket doors, 12'' base molding, dual stair cases, walk up attic, huge structure with great layout just waiting for that special person who can appreciate the history and revive this home to its glory days. It is located just 6 miles to Royal Mountain skiing, 11 miles to Caroga Lake, 45 minutes to Saratoga and 10 minutes to the village of Canajoharie. This special home could be your next worthwhile project. CASH ONLY

31. 2024-06-09
    price $54,000

    Show marketing remark (902 chars)

    Sellers loss is your gain. 33k roof with transferable warranty. Buy a home for less than the price of a car. Rich in history, this circa 1890 colonial would be a great project for the expert craftsman looking for that special project. This diamond in the rough was built by James H. Yanney and was one of the first homes built in the area when it was previously known as Ephratah Proper. All large rooms with period details still in place and waiting to be revived, 10 ft ceilings, pocket doors, 12'' base molding, dual stair cases, walk up attic, huge structure with great layout just waiting for that special person who can appreciate the history and revive this home to its glory days. It is located just 6 miles to Royal Mountain skiing, 11 miles to Caroga Lake, 45 minutes to Saratoga and 10 minutes to the village of Canajoharie. This special home could be your next worthwhile project. CASH ONLY

32. 2024-06-09
    price $54,000 902-char remark

    Show marketing remark (902 chars)

    Sellers loss is your gain. 33k roof with transferable warranty. Buy a home for less than the price of a car. Rich in history, this circa 1890 colonial would be a great project for the expert craftsman looking for that special project. This diamond in the rough was built by James H. Yanney and was one of the first homes built in the area when it was previously known as Ephratah Proper. All large rooms with period details still in place and waiting to be revived, 10 ft ceilings, pocket doors, 12'' base molding, dual stair cases, walk up attic, huge structure with great layout just waiting for that special person who can appreciate the history and revive this home to its glory days. It is located just 6 miles to Royal Mountain skiing, 11 miles to Caroga Lake, 45 minutes to Saratoga and 10 minutes to the village of Canajoharie. This special home could be your next worthwhile project. CASH ONLY

33. 2024-05-02
    price $58,000 902-char remark

    Show marketing remark (902 chars)

    Sellers loss is your gain. 33k roof with transferable warranty. Buy a home for less than the price of a car. Rich in history, this circa 1890 colonial would be a great project for the expert craftsman looking for that special project. This diamond in the rough was built by James H. Yanney and was one of the first homes built in the area when it was previously known as Ephratah Proper. All large rooms with period details still in place and waiting to be revived, 10 ft ceilings, pocket doors, 12'' base molding, dual stair cases, walk up attic, huge structure with great layout just waiting for that special person who can appreciate the history and revive this home to its glory days. It is located just 6 miles to Royal Mountain skiing, 11 miles to Caroga Lake, 45 minutes to Saratoga and 10 minutes to the village of Canajoharie. This special home could be your next worthwhile project. CASH ONLY

34. 2024-05-02
    price $58,000

    Show marketing remark (902 chars)

    Sellers loss is your gain. 33k roof with transferable warranty. Buy a home for less than the price of a car. Rich in history, this circa 1890 colonial would be a great project for the expert craftsman looking for that special project. This diamond in the rough was built by James H. Yanney and was one of the first homes built in the area when it was previously known as Ephratah Proper. All large rooms with period details still in place and waiting to be revived, 10 ft ceilings, pocket doors, 12'' base molding, dual stair cases, walk up attic, huge structure with great layout just waiting for that special person who can appreciate the history and revive this home to its glory days. It is located just 6 miles to Royal Mountain skiing, 11 miles to Caroga Lake, 45 minutes to Saratoga and 10 minutes to the village of Canajoharie. This special home could be your next worthwhile project. CASH ONLY

35. 2024-04-16
    listed $49,900 Active 793-char remark

    Show marketing remark (793 chars)

    Rich in history, this circa 1890 colonial would be a great project for the expert craftsman looking for that special project. This diamond in the rough was built by James H. Yanney and was one of the first homes built in the area when it was previously known as Ephratah Proper. All large rooms with period details still in place and waiting to be revived, 10 ft ceilings, pocket doors, 12'' base molding, dual stair cases, walk up attic, huge structure with great layout just waiting for that special person who can appreciate the history and revive this home to its glory days. It is located just 6 miles to Royal Mountain skiing, 11 miles to Caroga Lake, 45 minutes to Saratoga and 10 minutes to the village of Canajoharie. This special home could be your next worthwhile project. CASH ONLY

36. 2024-04-16
    listed $65,000 Active

    Show marketing remark (793 chars)

    Rich in history, this circa 1890 colonial would be a great project for the expert craftsman looking for that special project. This diamond in the rough was built by James H. Yanney and was one of the first homes built in the area when it was previously known as Ephratah Proper. All large rooms with period details still in place and waiting to be revived, 10 ft ceilings, pocket doors, 12'' base molding, dual stair cases, walk up attic, huge structure with great layout just waiting for that special person who can appreciate the history and revive this home to its glory days. It is located just 6 miles to Royal Mountain skiing, 11 miles to Caroga Lake, 45 minutes to Saratoga and 10 minutes to the village of Canajoharie. This special home could be your next worthwhile project. CASH ONLY

37. 2024-04-09
    listed $65,000 Active 902-char remark

    Show marketing remark (902 chars)

    Sellers loss is your gain. 33k roof with transferable warranty. Buy a home for less than the price of a car. Rich in history, this circa 1890 colonial would be a great project for the expert craftsman looking for that special project. This diamond in the rough was built by James H. Yanney and was one of the first homes built in the area when it was previously known as Ephratah Proper. All large rooms with period details still in place and waiting to be revived, 10 ft ceilings, pocket doors, 12'' base molding, dual stair cases, walk up attic, huge structure with great layout just waiting for that special person who can appreciate the history and revive this home to its glory days. It is located just 6 miles to Royal Mountain skiing, 11 miles to Caroga Lake, 45 minutes to Saratoga and 10 minutes to the village of Canajoharie. This special home could be your next worthwhile project. CASH ONLY

ⓘ 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 1/10 Low
• 🌡 Heat 2/10 Low 7 d/yr ≥93°F today · 17 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 2% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,674
• − Mortgage interest: −$1,395
• − Property taxes: −$374
• − Insurance: −$124
• − Repairs & maintenance: −$1,334
• − Management: −$1,334
• − Depreciation: −$724
• Taxable income: $11,389
• Est. tax owed @ 24.0%: −$2,733
• After-tax cash flow: $8,374/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: Johnstown City School District
• NCES district ID: 3615980
• Math proficiency: 35% ▼ -8.00%
• Reading proficiency: 47% ▲ 4.00%
• Median HH income: $45,999
• Composite: 34.89/100
• National rank: #5082
• State rank: #509 of 590 in NY

Livability — Palatine Bridge

• Score: 66/100
• State rank: #663
• US rank: #12360

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 4,850

Population outlook (Fulton County) Hauer SSP2

• Today (2025): 51,132 people
• By 2030: 49,114 · -3.9%
• By 2040: 44,373 · -13.2%
• By 2050: 39,321 · -23.1%
• By 2075: 28,503 · -44.3%
• By 2100: 19,268 · -62.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (91%)
• Race & ethnicity: White 91% Two or more races 5% Hispanic / Latino 4%
• Common ancestry: Romanian 5% Iranian 3% Lithuanian 2%
• Foreign-born: 1% · Canada
• Languages at home: 97% English-only · German/W. Germanic 2% Spanish 1%

Political lean MEDSL · Fulton

• 2024 margin: Solid R (+35.9) · D 32.1% · R 67.9%
• 2008→2024 swing: -26.6pp toward R · 2008: -9.2pp · 2024: -35.9pp
• All cycles: 2024: R+35.9 2020: R+31.4 2016: R+35.5 2012: R+10.5 2008: R+9.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 11.23%
• Current HPI: 342.6782
• 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

-55.4% since first listed

24 events — show timeline

• 2026-05-05 Price Changed $29,000 UNYREIS
• 2026-05-05 Price Changed $29,000 HVCRMLS
• 2026-05-05 Price Changed $29,000 Global MLS
• 2026-03-18 Price Changed $34,000 HVCRMLS
• 2026-03-18 Price Changed $34,000 UNYREIS
• 2026-03-18 Price Changed $34,000 Global MLS
• 2025-10-14 Price Changed $38,000 HVCRMLS
• 2025-10-14 Price Changed $38,000 UNYREIS
• 2025-10-14 Price Changed $38,000 Global MLS
• 2025-09-09 Price Changed $40,000 HVCRMLS
• 2025-09-09 Price Changed $40,000 UNYREIS
• 2025-09-09 Price Changed $40,000 Global MLS
• 2025-08-08 Price Changed $45,000 UNYREIS
• 2025-08-08 Price Changed $45,000 HVCRMLS
• 2025-08-08 Price Changed $45,000 Global MLS
• 2025-04-12 Price Changed $49,900 UNYREIS
• 2025-04-12 Price Changed $49,900 Global MLS
• 2024-06-09 Price Changed $54,000 Global MLS
• 2024-06-09 Price Changed $54,000 UNYREIS
• 2024-05-02 Price Changed $58,000 UNYREIS
• 2024-05-02 Price Changed $58,000 Global MLS
• 2024-04-16 Listed $65,000 Global MLS
• 2024-04-16 Listed $49,900 HVCRMLS
• 2024-04-09 Listed $65,000 UNYREIS

Property tax history

+3.0%/yr

Latest (2025): $2,880 · +12.2% YoY. Source: county tax records.