CashFlowRE
Sign in Sign up
10 Pineview Dr Unit C
D Composite 40.94
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 +10.7/30.0
  • ARV discount +7.4/15.0
  • Rent growth +5.0/5.0
  • 1% rule +4.5/10.0
  • Schools +4.2/10.0
  • Livability +3.5/5.0
  • DSCR +3.1/10.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$249,990

10 Pineview Dr Unit C · East Haven, CT 06405
2 bd · 1.0 ba · 906 sqft · Condo public records · 38 Days on market
Built 1983 $276/sqft · at area comps Est $250k · at est. $378/mo HOA · 16% of rent

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome home to 10 Pineview, Unit C! This charming 2-bed, 1-bath condo is a perfect blend of comfort, style, and convenience. As you step through the front door, you're greeted by a warm and inviting living room that seamlessly flows into an open layout. The living area is adorned with new flooring, providing a contemporary touch and creating a welcoming atmosphere. The living room effortlessly transitions into a spacious kitchen and dining area, forming the heart of this home. The dining room, surrounded by windows, offers a picturesque setting. These windows not only showcase the beauty of the outdoors but also flood the entire space with an abundance of natural light, creating a bright and cheerful ambiance. Head upstairs, you'll find two cozy bedrooms, each providing a comfortable and private retreat. The entire upper level has new flooring and has been freshly painted. With low HOA fees, this unit offers an affordable yet luxurious lifestyle. Enjoy the serenity of this quiet oasis, where you can unwind and relax after a long day. Just Minutes to the highway, restaurants, shopping, hiking trails and so much more. *Complex is not FHA approved* Highest and Best Due 2/9 @7pm

Key facts

  • $378 HOA
  • 2 parking spots
  • Pool

Property features AI

Finance

  • HOA & community: Monthly HOA fee; HOA covers clubhouse, grounds maintenance, trash pickup, snow removal, property management, pool service, road maintenance, and insurance; Association amenities include clubhouse and pool; Professional off-site property management; Pets allowed with restrictions (maximum 1 dog and 1 cat)

Exterior

  • Parking: Paved assigned parking (2 spaces)
  • Utilities: Public water; Public sewer
  • Home design: Condominium (part of Pineview of Branford complex)
  • Construction: Frame construction
  • Exterior features: Wood siding; Level lot; In-ground swimming pool

Interior

  • Kitchen: Electric cooktop; Refrigerator; Dishwasher
  • Bedrooms: 2 bedrooms
  • Bathrooms: 1 full bathroom
  • Heating & cooling: Baseboard heat (electric); Window cooling unit; 40-gallon electric hot water tank
  • Interior features: 5 total rooms; 2 levels in unit; No basement

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/1.0-bath condo listed at $250k.

Deal economics

  • At list price, monthly cash flow is $-118 ($-1k/yr) — negative.
  • To cash-flow at today's rent, offer at most $229k (8.3% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $237k (5.0% below list).
  • Recommended offer: $229k (8.3% below list) — sets the bar for cash-flow.
  • Cap rate 5.7% vs local median 3.8% in East Haven — 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 70/100 on livability (#99 in CT) — a middle-class / working-renter tenant base. Strengths: housing A+, crime A-, health & safety B+; Watch: schools D, amenities F, commute F.
  • Branford School District (suburban): math 41% / reading 52% proficiency, ranked #85 of 153 in CT (top 56%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; only 18% free/reduced lunch — higher-income household profile.
  • Market conditions: Rents rising fast (+10.6%/yr); 114 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 1,059 units permitted in South Central Connecticut Planning Region in 2024 (779 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.

Negotiation context

  • It's been on market 38 days — a 3% lower offer ($242k) is reasonable based on typical stale-listing flexibility.
  • 7 sale attempts since 14y 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.
Recommended offer $229,175 (8.3% 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. It's been on market 38 days. Have you received any prior offers? Is the seller open to a 8% concession, seller financing, or rate buy-down credit?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  4. 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?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. Schools are D-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. 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?
  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 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
0.95%
Cap rate
5.73%
Cash-on-cash
-2.02%
DSCR
0.91
GRM
8.8

CMA / ARV

ARV (median comp)
$249,606
List price
$249,990
Delta
0.15%
Verdict
FAIR
Comps
20 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 8.0% rent growth · sell at horizon

5-year hold
IRR
-13.3%
Equity multiple
0.50×
Total profit
$-35,270
Equity at exit
$37,274
10-year hold
IRR
2.8%
Equity multiple
1.25×
Total profit
$17,531
Equity at exit
$21,615

Cash invested: $69,997 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
27 Tenant-Leaning
State Connecticut
27 Tenant-Leaning · D+7
County
— inherits STATE
City
— inherits STATE
Strong tenant statutes; rent commissions in some towns; courts slow especially in cities.

ZIP-level market 06405

Rents YoY
10.6%
Active inventory
114
Price-to-rent
8.8×

Monthly cashflow live

Estimated rent
$2,374 medium interval (Pro) →
Mortgage (P&I)
$1,311
Tax from tax record
$200 /mo · $2,400/yr
Insurance
$104
HOA
$378
Vacancy / Maint / Mgmt
$499
Net cashflow
$-118

Break-even live

Break-even rent $2,523
Max offer price $229,175
Occupancy floor 100%

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
$62,498
Closing costs
$7,500
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 4 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
91 Hampton Park Branford, CT 2.0 1.0 1114 $2,550 $2.29 3d 1 0.63mi
154 E Main St Unit A Branford, CT 2.0 1.0 1040 $2,400 $2.31 44d 1 1.35mi
7 Mill Plain Rd Branford, CT 1.0–2.0 1.0 885 $2,245 $2.54 3d 4 1.36mi
2 Hamre Ln Unit D Branford, CT 1.0 1.0 578 $1,900 $3.29 44d 1 1.48mi

HOA detail condo

Monthly dues
$378 · $4,536/yr
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 27 events

  1. 2026-06-14
    statusdays on market $249,990 Under Contract 38 DOM
  2. 2026-06-10
    days on market $249,990 Under Contract - Continue to Show 36 DOM
  3. 2026-06-09
    days on market $249,990 Under Contract - Continue to Show 35 DOM
  4. 2026-06-08
    days on market $249,990 Under Contract - Continue to Show 34 DOM
  5. 2026-06-07
    days on market $249,990 Under Contract - Continue to Show 33 DOM
  6. 2026-06-03
    days on market $249,990 Under Contract - Continue to Show 29 DOM
  7. 2026-06-03
    days on market $249,990 Under Contract - Continue to Show 28 DOM
  8. 2026-06-01
    days on market $249,990 Under Contract - Continue to Show 27 DOM
  9. 2026-05-31
    days on market $249,990 Under Contract - Continue to Show 26 DOM
  10. 2026-05-05
    listed $249,990 Active 821-char remark
  11. 2024-12-22
    historical $1,795
  12. 2024-12-11
    listed $1,795
  13. 2024-12-10
    historical $1,795
  14. 2024-11-07
    price $1,795
  15. 2024-10-23
    listed $1,900
  16. 2024-09-28
    historical $1,900
  17. 2024-09-27
    listed $1,900
  18. 2024-08-05
    historical $2,000
  19. 2024-04-25
    listed $2,000
  20. 2024-02-26
    soldstatus $185,000 Closed 1194-char remark
    Show marketing remark (1194 chars)

    Welcome home to 10 Pineview, Unit C! This charming 2-bed, 1-bath condo is a perfect blend of comfort, style, and convenience. As you step through the front door, you're greeted by a warm and inviting living room that seamlessly flows into an open layout. The living area is adorned with new flooring, providing a contemporary touch and creating a welcoming atmosphere. The living room effortlessly transitions into a spacious kitchen and dining area, forming the heart of this home. The dining room, surrounded by windows, offers a picturesque setting. These windows not only showcase the beauty of the outdoors but also flood the entire space with an abundance of natural light, creating a bright and cheerful ambiance. Head upstairs, you'll find two cozy bedrooms, each providing a comfortable and private retreat. The entire upper level has new flooring and has been freshly painted. With low HOA fees, this unit offers an affordable yet luxurious lifestyle. Enjoy the serenity of this quiet oasis, where you can unwind and relax after a long day. Just Minutes to the highway, restaurants, shopping, hiking trails and so much more. *Complex is not FHA approved* Highest and Best Due 2/9 @7pm

  21. 2024-02-14
    status Under Contract 1194-char remark
    Show marketing remark (1194 chars)

    Welcome home to 10 Pineview, Unit C! This charming 2-bed, 1-bath condo is a perfect blend of comfort, style, and convenience. As you step through the front door, you're greeted by a warm and inviting living room that seamlessly flows into an open layout. The living area is adorned with new flooring, providing a contemporary touch and creating a welcoming atmosphere. The living room effortlessly transitions into a spacious kitchen and dining area, forming the heart of this home. The dining room, surrounded by windows, offers a picturesque setting. These windows not only showcase the beauty of the outdoors but also flood the entire space with an abundance of natural light, creating a bright and cheerful ambiance. Head upstairs, you'll find two cozy bedrooms, each providing a comfortable and private retreat. The entire upper level has new flooring and has been freshly painted. With low HOA fees, this unit offers an affordable yet luxurious lifestyle. Enjoy the serenity of this quiet oasis, where you can unwind and relax after a long day. Just Minutes to the highway, restaurants, shopping, hiking trails and so much more. *Complex is not FHA approved* Highest and Best Due 2/9 @7pm

  22. 2024-02-09
    historical Under Contract - Continue to Show 1194-char remark
    Show marketing remark (1194 chars)

    Welcome home to 10 Pineview, Unit C! This charming 2-bed, 1-bath condo is a perfect blend of comfort, style, and convenience. As you step through the front door, you're greeted by a warm and inviting living room that seamlessly flows into an open layout. The living area is adorned with new flooring, providing a contemporary touch and creating a welcoming atmosphere. The living room effortlessly transitions into a spacious kitchen and dining area, forming the heart of this home. The dining room, surrounded by windows, offers a picturesque setting. These windows not only showcase the beauty of the outdoors but also flood the entire space with an abundance of natural light, creating a bright and cheerful ambiance. Head upstairs, you'll find two cozy bedrooms, each providing a comfortable and private retreat. The entire upper level has new flooring and has been freshly painted. With low HOA fees, this unit offers an affordable yet luxurious lifestyle. Enjoy the serenity of this quiet oasis, where you can unwind and relax after a long day. Just Minutes to the highway, restaurants, shopping, hiking trails and so much more. *Complex is not FHA approved* Highest and Best Due 2/9 @7pm

  23. 2024-02-06
    listed $179,900 Active 1194-char remark
    Show marketing remark (1194 chars)

    Welcome home to 10 Pineview, Unit C! This charming 2-bed, 1-bath condo is a perfect blend of comfort, style, and convenience. As you step through the front door, you're greeted by a warm and inviting living room that seamlessly flows into an open layout. The living area is adorned with new flooring, providing a contemporary touch and creating a welcoming atmosphere. The living room effortlessly transitions into a spacious kitchen and dining area, forming the heart of this home. The dining room, surrounded by windows, offers a picturesque setting. These windows not only showcase the beauty of the outdoors but also flood the entire space with an abundance of natural light, creating a bright and cheerful ambiance. Head upstairs, you'll find two cozy bedrooms, each providing a comfortable and private retreat. The entire upper level has new flooring and has been freshly painted. With low HOA fees, this unit offers an affordable yet luxurious lifestyle. Enjoy the serenity of this quiet oasis, where you can unwind and relax after a long day. Just Minutes to the highway, restaurants, shopping, hiking trails and so much more. *Complex is not FHA approved* Highest and Best Due 2/9 @7pm

  24. 2024-02-06
    historical $179,900 1194-char remark
    Show marketing remark (1194 chars)

    Welcome home to 10 Pineview, Unit C! This charming 2-bed, 1-bath condo is a perfect blend of comfort, style, and convenience. As you step through the front door, you're greeted by a warm and inviting living room that seamlessly flows into an open layout. The living area is adorned with new flooring, providing a contemporary touch and creating a welcoming atmosphere. The living room effortlessly transitions into a spacious kitchen and dining area, forming the heart of this home. The dining room, surrounded by windows, offers a picturesque setting. These windows not only showcase the beauty of the outdoors but also flood the entire space with an abundance of natural light, creating a bright and cheerful ambiance. Head upstairs, you'll find two cozy bedrooms, each providing a comfortable and private retreat. The entire upper level has new flooring and has been freshly painted. With low HOA fees, this unit offers an affordable yet luxurious lifestyle. Enjoy the serenity of this quiet oasis, where you can unwind and relax after a long day. Just Minutes to the highway, restaurants, shopping, hiking trails and so much more. *Complex is not FHA approved* Highest and Best Due 2/9 @7pm

  25. 2012-12-26
    historical
  26. 2012-08-07
    listed $144,000
  27. 2003-06-09
    soldstatus $105,500

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast CT · Partial reset (capped growth)

Current annual tax
$2,400 · $200/mo
Projected year-2 tax
$3,875 · $323/mo
Expected delta
+$1,475/yr (+$123/mo · 61.5%)

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

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$28,486
− Mortgage interest
−$14,003
− Property taxes
−$2,400
− Insurance
−$1,250
− Repairs & maintenance
−$2,279
− Management
−$2,279
− HOA
−$4,536
− Depreciation
−$7,272
Taxable loss
−$5,534
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,328
After-tax cash flow
$-86/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
Branford School District
NCES district ID
0900420
Math proficiency
41% ▼ -14.00%
Reading proficiency
52% ▼ -10.00%
Median HH income
$70,979
Composite
41.85/100
National rank
#3377
State rank
#85 of 153 in CT

Livability — East Haven

Score
70/100
State rank
#99
US rank
#7805

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

County
New Haven County · 688,236 people
City population
28,830
Metro
New Haven-Milford, CT
Population (ZIP)
28,217
Household income
$105,225
Rent vs Own
30.5% rent · 69.5% own
Severe rent burden
1132.0

Population outlook (South Central Connecticut County) Hauer SSP2

By 2040
608,362

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (85%)
Race & ethnicity
White 85% Hispanic / Latino 5% Asian 4% Two or more races 4% Black 3%
Hispanic origin (detail)
Puerto Rican 1%
Common ancestry
Romanian 7% Lithuanian 2% Slovak 2%
Foreign-born
10% · Canada, South Korea
Languages at home
90% English-only · Spanish 4% Other Indo-European 3% Other Asian/Pacific 1%

Political lean MEDSL · South Central Connecticut

2024 margin
Strong D (+20.1) · D 59.0% · R 38.9% · Other 2.1%
All cycles
2024: D+20.1

Not yet ingested

Civics

Market trends

HPI YoY
▼ -455.72%
Current HPI
189.8481
Rent YoY
▲ 10.58%
Metro
New Haven-Milford, CT
State GDP YoY
▲ 1.06%
F500 in state
38

Industry mix (Fortune 500 HQ in CT)

Industry F500 HQs Revenue

Price history

+127.5% since first listed
21 events — show timeline
  • 2026-06-16 Sold (MLS) $240,000 Smart MLS
  • 2026-06-12 Pending Smart MLS
  • 2026-05-19 Contingent Smart MLS
  • 2026-05-05 Listed $249,990 Smart MLS
  • 2024-12-22 Rental Removed $1,795 SMARTMLS
  • 2024-12-11 Listed for Rent $1,795 SMARTMLS
  • 2024-12-10 Rental Removed $1,795 SMARTMLS
  • 2024-11-07 Price Changed $1,795 SMARTMLS
  • 2024-10-23 Listed for Rent $1,900 SMARTMLS
  • 2024-09-28 Rental Removed $1,900 SMARTMLS
  • 2024-09-27 Listed for Rent $1,900 SMARTMLS
  • 2024-08-05 Rental Removed $2,000 SMARTMLS
  • 2024-04-25 Listed for Rent $2,000 SMARTMLS
  • 2024-02-26 Sold (MLS) $185,000 Smart MLS
  • 2024-02-14 Pending Smart MLS
  • 2024-02-09 Contingent Smart MLS
  • 2024-02-06 Listed $179,900 Smart MLS
  • 2024-02-06 Coming Soon $179,900 Smart MLS
  • 2012-12-26 Listing Removed Smart MLS
  • 2012-08-07 Listed $144,000 Smart MLS
  • 2003-06-09 Sold (Public Records) $105,500 Public Records

Property tax history

+0.6%/yr

Latest (2022): $2,400 · +0.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…