173 Denton Pl · Roosevelt, NY 11575

$345,000

3 bd · 1.0 ba · 1,240 sqft · SingleFamily public records · 4 Days on market

Built 1950 5,500 sqft lot Est $655k · 47% under

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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 +22.9/30.0
• ARV discount +15.0/15.0
• DSCR +7.4/10.0
• 1% rule +7.1/10.0
• Livability +3.7/5.0
• Schools +3.3/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Public online Auction: Bidding opens 7/07/26 @11 AM & Ends 7/09/26 +- 11 AM. The price of property exclusively represents the suggested opening bid & not the price of the property. Sold "as-is". Great opportunity for a buyer who does their homework & is looking to purchase a redevelopment opportunity in Roosevelt . This home has been condemned by TOH & there is no interior access. Walking the property will be at your own risk. Purchase includes any/ all contents. All info deemed reliable, however your due diligence is necessary. Please read VERY IMPORTANT attached info. Registration deadline: 7/8/26 by 4:00 pm

Key facts

• 5,500 sq ft lot
• Built 1950
• Listed 4 days

Property features AI

Finance

• HOA & community: One-time buyer's premium fee (small additional fee reported)

Exterior

• Parking: No carport; No designated parking features listed
• Utilities: Electric service by PSEG; Public sewer (additional sewer info in remarks); Utilities details available in remarks
• Home design: Single-family residence; Living area recorded from public records
• Construction: Frame construction
• Exterior features: Frame construction; Not waterfront

Interior

• Bathrooms: One full bathroom
• Heating & cooling: Oil heating; No central cooling
• Interior features: One and one-half level layout; Basement present (see remarks); Attic details available in remarks; Five total rooms; Property listed as fixer/actual condition

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $345k.

Deal economics

• At list price, monthly cash flow is $606 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($4k rent vs $345k).
• Cap rate 8.4% vs local median 4.0% in Roosevelt — 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 73/100 on livability (#307 in NY) — a middle-class / working-renter tenant base. Strengths: commute A+, employment A+, housing A+; Watch: crime D+, amenities F, cost of living F.
• Roosevelt Union Free School District (suburban): math 28% / reading 45% proficiency, ranked #529 of 590 in NY (top 90%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Washington Rose School (math 12% / reading 22%, grade F, #2,011 of 2,108 statewide, top 96%, 637 students, 54% FRL); Roosevelt Middle School (math 12% / reading 27%, grade F, #685 of 729 statewide, top 94%, 455 students, 0% FRL); Roosevelt High School (math 65% / reading 78%, grade B+, #698 of 1,100 statewide, top 63%, 1,075 students, 59% FRL) — zoned schools average 38% FRL vs 58% district-wide (20 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: 52 active listings in the ZIP; 8 comparable units currently listed for rent nearby; rentals at typical pace (median 17d on market — plan ~3-4 weeks tenant-placement turnaround); 824 units permitted in Nassau County in 2024 (153 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 $10k of value loss. Plan a longer hold.
• Nassau County population projected at +7% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• Only 4 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $24k; list at $345k implies a 1308% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: property tax is 2.6% of price; built in 1950 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 53% chance of damaging wind over 30y; extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $345,000

Questions for the listing agent

1. Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Crime grade is D 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?
5. 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.
6. 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.
7. 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: 1.21% ✓
• Cap rate: 8.40%
• Cash-on-cash: 7.53%
• DSCR: 1.34
• GRM: 6.9

CMA / ARV

• ARV (on-the-fly): $654,720
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
181 East Clinton Ave	0.17mi	3/1.0	1,167 (-6%)	8mo	$500,000	$428	76
17 Denton Pl	0.12mi	4/1.5 (+1)	1,165 (-6%)	4mo	$615,000	$528	74
64 Conlon Rd	0.20mi	3/1.5	1,330 (+7%)	4mo	$655,000	$492	73
82 E Clinton Ave	0.38mi	3/2.0	1,204 (-3%)	4mo	$588,000	$488	70
204 Beechwood Ave	0.30mi	4/3.0 (+1)	1,269 (+2%)	8mo	$670,000	$528	62
185 Grenada Ave	0.29mi	3/1.0	1,075 (-13%)	4mo	$549,000	$511	61
35 William St	0.39mi	4/2.0 (+1)	1,330 (+7%)	1mo	$602,000	$453	60
84 E Greenwich Ave	0.47mi	4/2.0 (+1)	1,176 (-5%)	3mo	$670,000	$570	58
54 Gormley Ave	0.69mi	3/2.0	1,211 (-2%)	9mo	$710,000	$586	53
852 Smith St	0.52mi	4/2.0 (+1)	1,127 (-9%)	5mo	$720,000	$639	47
86 Decatur St	0.64mi	3/2.0	1,075 (-13%)	3mo	$590,000	$549	42
211 Manhattan Ave	0.66mi	3/2.0	1,380 (+11%)	8mo	$710,000	$514	40

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -4.7%
• Equity multiple: 0.82×
• Total profit: $-17,040
• Equity at exit: $51,441

10-year hold

• IRR: 5.0%
• Equity multiple: 1.37×
• Total profit: $35,923
• Equity at exit: $29,829

Cash invested: $96,600 (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 11575

• Active inventory: 52
• Price-to-rent: 6.9×

Monthly cashflow live

• Estimated rent: $4,188 high
• Mortgage (P&I): −$1,809
• Tax from tax record: −$749 /mo · $8,989/yr
• Insurance: −$144
• HOA: −$0
• Vacancy / Maint / Mgmt: −$879
• Net cashflow: $606

Break-even live

Break-even rent $3,420

Max offer price $345,000

Occupancy floor 81%

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: $86,250
• Closing costs: $10,350
• Reserves months: —
• Total cash needed: —

Rent comps 8 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
21 W Centennial Ave Roosevelt, NY	3.0	2.0	1176	$3,600	$3.06	18d	1	0.70mi
650 Winthrop Dr Uniondale, NY	3.0	3.0	1300	$4,900	$3.77	1d	1	0.78mi
1526 Rhode Ave Merrick, NY	4.0	2.0	1344	$5,100	$3.79	1d	1	0.89mi
1000 Brix Pl Uniondale, NY	1.0–2.0	1.0–2.0	710	$3,662	$5.16	1d	13	1.05mi
965 Merrick Ave Unit 1st floor Merrick, NY	3.0	1.0	1200	$4,200	$3.50	2d	1	1.21mi
196 E Seaman Ave Freeport, NY	3.0	2.5	1062	$8,500	$8.00	16d	1	1.30mi
66 E Seaman Ave Freeport, NY	3.0	2.5	1200	$3,600	$3.00	43d	1	1.36mi
529 Maple Ave Unit Second Floor Uniondale, NY	3.0	2.0	1240	$3,750	$3.02	24d	1	1.36mi

Listing history 5 events

1. 2026-06-18
   days on market $345,000 Active 4 DOM
2. 2026-06-17
   days on market $345,000 Active 3 DOM
3. 2026-06-16
   days on market $345,000 Active 2 DOM
4. 2026-06-15
   remarks 627-char remark
5. 2026-06-15
   listed $345,000 Active 1 DOM

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

Tax reassessment forecast NY · Partial reset (capped growth)

• Current annual tax: $8,989 · $749/mo
• Projected year-2 tax: $8,989 · $749/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

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

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 ≥95°F today · 16 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 53% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 5 unhealthy d/yr today · 8 by 30 yrs out

Taxation est. · year 1

• Rental income: $50,251
• − Mortgage interest: −$19,325
• − Property taxes: −$8,989
• − Insurance: −$1,725
• − Repairs & maintenance: −$4,020
• − Management: −$4,020
• − Depreciation: −$10,036
• Taxable income: $2,135
• Est. tax owed @ 24.0%: −$512
• After-tax cash flow: $6,761/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: Roosevelt Union Free School District
• NCES district ID: 3624990
• Math proficiency: 28% ▼ -4.00%
• Reading proficiency: 45% ▲ 6.00%
• Median HH income: $69,717
• Composite: 33.41/100
• National rank: #5472
• State rank: #529 of 590 in NY

Livability — Roosevelt

• Score: 73/100
• State rank: #307
• US rank: #5074

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Roosevelt, NY
• City population: 19,430
• Population (ZIP): 19,430

Population outlook (Nassau County) Hauer SSP2

• Today (2025): 1,409,302 people
• By 2030: 1,431,482 · +1.6%
• By 2040: 1,471,607 · +4.4%
• By 2050: 1,502,845 · +6.6%
• By 2075: 1,575,403 · +11.8%
• By 2100: 1,554,356 · +10.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.55)
• Race & ethnicity: Black 53% Hispanic / Latino 41% Two or more races 7% Asian 2% White 1%
• Hispanic origin (detail): Puerto Rican 6% Dominican 4%
• Common ancestry: Hispanic 4%
• Foreign-born: 36% · Canada, Jamaica, South Korea
• Languages at home: 60% English-only · Spanish 34% French/Haitian/Cajun 4% Other Indo-European 2%

Political lean MEDSL · Nassau

• 2024 margin: Toss-up / Even · D 47.9% · R 52.1%
• 2008→2024 swing: -12.6pp toward R · 2008: 8.4pp · 2024: -4.2pp
• All cycles: 2024: R+4.2 2020: D+9.5 2016: D+5.3 2012: D+6.7 2008: D+8.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -368.53%
• Current HPI: 364.7467
• 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

+1308.2% since first listed

2 events — show timeline

• 2026-06-12 Listed $345,000 OneKey® MLS as Distributed by MLS Grid
• 1975-12-01 Sold (Public Records) $24,500 Public Records

Property tax history

+2.2%/yr

Latest (2024): $8,989 · +2.3% YoY. Source: county tax records.