609 Palmer Rd Unit 3M · Yonkers, NY 10701

$140,000

1 bd · 1.0 ba · 850 sqft · Townhouse · 138 Days on market

Built 1965 Good condition $165/sqft · 34% below area Est $211k · 34% under ↓ 6% since listing

---

Why this score? — see what drove the A- 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 +30.0/30.0
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Schools +4.1/10.0
• Condition / age +4.0/5.0
• Rent growth +3.6/5.0
• Livability +3.4/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Step into this beautifully renovated one-bedroom home offering a seamless blend of modern design, functionality, and comfort. Thoughtfully updated throughout, this spacious residence features wide-plank wood-style flooring, freshly painted walls, and ample natural light that creates a bright and inviting atmosphere. The contemporary kitchen showcases white shaker cabinetry, countertops, a sleek tile backsplash, and full-sized stainless-steel appliances, including a gas range. The bedroom offers generous space, comfortably able to fit a king size bed with additional furniture, and storage with a double-door closet and clean, neutral finishes. This move-in ready co-op delivers both style and practicality in a desirable location. Gate house with guard upon complex entry, Laundry on first floor, One guaranteed outdoor parking space assigned at closing for $75/month, plus a storage room space and bike room space (free of charge). ------ Minimum Financial Requirements for Purchase Applicants: 1) Minimum Equifax FICO 5.0 Credit Score of 740 or above, per applicant, required. 2) Required Minimum Debt to Income Ratio – not to exceed 30%. This includes ongoing costs such as maintenance, mortgage, taxes, other real estate, etc. 3) 20% Total Down Payment. 10% at contract signing required; balance due at closing. 4) Minimum of 2 years of Salary and Work History, required. 5) Minimum Cash Balance sufficient to meet 6 months of living expenses after payment of down payment and other related closing costs, required.

Key facts

• Renovated home
• Double door closet
• Gas range

Tags

• RENOVATED HOME
• WIDE PLANK WOOD STYLE FLOORING
• WHITE SHAKER CABINETRY
• GAS RANGE
• DOUBLE DOOR CLOSET
• LAUNDRY ON FIRST FLOOR

🏷️ Possibly a rental listed for sale. The $140,000 price doesn't fit this home's estimated sale value (~$211,102) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath townhouse listed at $140k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $963 ($12k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $140k).
• Recommended offer: $123k (12.0% below list) — sets the bar for market timing.
• Cap rate 14.5% vs local median 5.4% 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.
• Market conditions: Rents rising fast (+4.4%/yr); 231 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 47d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 60% of comp listings sitting > 30 days — soft ceiling on asking rent; 954 units permitted in Westchester County in 2024 (649 in 5+ unit buildings).
• At $2,444/mo this rent would consume 45% of the median local household income ($65k/yr) — 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 $968 of loan paydown is wiped out by about $4k 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 + 4.4% rent growth), your $39k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 138 days — a 12% lower offer ($123k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 3y ago; this cycle's ask has dropped $25k (15%) from the opening price — seller is motivated, your offer sets the floor, not the list.

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 $123,200 (12.0% below list)

Questions for the listing agent

1. It's been on market 138 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 1965 — 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. 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: 1.75% ✓
• Cap rate: 14.55%
• Cash-on-cash: 29.48%
• DSCR: 2.31
• GRM: 4.8

CMA / ARV

• ARV (median comp): $211,102
• List price: $140,000
• Delta: -33.68%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
540 Tuckahoe Rd Unit 3B	0.49mi	2/1.0 (+1)	900 (+6%)	1mo	$259,000	$288	61
781 Palmer Rd Unit 4F	0.35mi	1/1.0	732 (-14%)	0mo	$240,000	$328	60
270 Bronxville Rd Unit B43	0.63mi	1/1.0	900 (+6%)	2mo	$255,000	$283	59
242 Bronxville Rd Unit E2	0.67mi	1/1.0	800 (-6%)	0mo	$395,000	$494	59
560 Tuckahoe Rd Unit 4B	0.52mi	1/1.0	750 (-12%)	2mo	$158,000	$211	55
1561 Central Park Ave Unit I-5	0.60mi	1/1.0	750 (-12%)	1mo	$155,000	$207	52
682 Tuckahoe Rd Unit 5H	0.67mi	1/1.0	750 (-12%)	0mo	$118,000	$157	49
949 Palmer Rd Unit 2G	0.69mi	1/1.0	950 (+12%)	1mo	$277,500	$292	47
35 Parkview Ave Unit 6K	0.68mi	1/1.0	970 (+14%)	2mo	$280,000	$289	44
10 Brooklands Unit 5G	0.67mi	2/1.0 (+1)	950 (+12%)	2mo	$350,000	$368	43
246 Bronxville Rd Unit I3	0.64mi	2/1.0 (+1)	964 (+13%)	0mo	$390,000	$405	42
782 Tuckahoe Rd Unit 3C	0.73mi	2/1.0 (+1)	950 (+12%)	2mo	$368,000	$387	39

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 · 4.39% rent growth · sell at horizon

5-year hold

• IRR: 25.5%
• Equity multiple: 2.08×
• Total profit: $42,155
• Equity at exit: $20,874

10-year hold

• IRR: 34.1%
• Equity multiple: 4.33×
• Total profit: $130,470
• Equity at exit: $12,105

Cash invested: $39,200 (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 →

Balanced market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 43 active · 66 under contract
• Months of supply: 4.2 mo (24%/mo absorbed)
• Median asking: $252,000 ($315/sqft)
• Median days on market: 45 d
• This list price: lowest-priced of the active set
• ARV vs active asking: -21.1% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 10701

• Rents YoY: 4.4%
• Active inventory: 231
• Price-to-rent: 4.8×

Monthly cashflow live

• Estimated rent: $2,444 high
• Mortgage (P&I): −$734
• Tax est. 1.5%: −$175 /mo · $2,100/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$513
• Net cashflow: $963

Break-even live

Break-even rent $1,225

Max offer price $140,000

Occupancy floor 56%

Sensitivity live

Price	-10% $1,060	-5% $1,011	+0% $963	+5% $915	+10% $866
Rent	-10% $770	-5% $867	+0% $963	+5% $1,060	+10% $1,156
Rate	-1.0pp $1,034	-0.5pp $999	base $963	+0.5pp $927	+1.0pp $890

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: $35,000
• Closing costs: $4,200
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
28 Kenilworth Rd Unit The Cottage Yonkers, NY	1.0	1.0	600	$1,950	$3.25	63d	1	0.18mi
17 Winchester Ave Unit 2B Yonkers, NY	1.0	1.0	780	$2,100	$2.69	38d	1	0.24mi
35 Winchester Ave Unit 1B Yonkers, NY	2.0	1.0	900	$2,500	$2.78	47d	1	0.33mi
42 Winchester Ave Unit 2A Yonkers, NY	1.0	1.0	700	$2,100	$3.00	63d	1	0.35mi
793 Palmer Rd Apt 2F Yonkers, NY	1.0	1.0	760	$2,700	$3.55	23d	1	0.40mi
8 Wainwright Ave Unit 2A Yonkers, NY	—	1.0	700	$1,600	$2.29	56d	1	0.47mi
12 Wainwright Ave Apt 1B Yonkers, NY	1.0	1.0	700	$1,950	$2.79	93d	1	0.49mi
278 Mile Square Rd Yonkers, NY	2.0	1.0	1000	$2,650	$2.65	93d	1	0.53mi
1531 Central Park Ave Apt C1 Yonkers, NY	1.0	1.0	750	$2,100	$2.80	4d	1	0.54mi
1549 Central Park Ave Yonkers, NY	2.0	1.0	850	$2,400	$2.82	93d	1	0.56mi
717 Tuckahoe Rd Unit 16A Yonkers, NY	1.0	1.0	650	$2,495	$3.84	54d	1	0.72mi
1 Sadore Ln Apt 2W Yonkers, NY	1.0	1.0	825	$2,000	$2.42	10d	1	0.85mi
4 Sadore Ln Unit 2W Yonkers, NY	1.0	1.0	800	$2,000	$2.50	30d	1	0.86mi
4 Sadore Ln Unit 2W Yonkers, NY	1.0	1.0	800	$2,000	$2.50	3d	1	0.86mi
4 Sadore Ln Unit 2W Yonkers, NY	1.0	1.0	800	$2,000	$2.50	66d	1	0.86mi
900 Midland Ave Unit 1F Yonkers, NY	2.0	1.0	1000	$2,800	$2.80	23d	1	0.88mi
28 Tunis Ave Unit 2 Yonkers, NY	2.0	1.0	900	$3,000	$3.33	93d	1	0.90mi
1160 Midland Ave Yonkers, NY	1.0–3.0	1.0–2.0	1116	$2,800	$2.51	8d	2	0.91mi
125 Parkway Rd Bronxville, NY	1.0–3.0	1.0–2.0	1372	$4,461	$3.25	0d	7	0.92mi
91 Parkway Rd Unit 1G Bronxville, NY	2.0	1.0	1100	$4,295	$3.90	12d	1	0.94mi
51 Parkway Rd Apt 3 Bronxville, NY	1.0	1.0	1100	$2,900	$2.64	42d	1	0.98mi
64 Kensington Rd Unit 3B Bronxville, NY	2.0	1.0	1000	$3,895	$3.90	0d	1	1.00mi
64 Kensington Rd Unit 3C Bronxville, NY	2.0	1.0	1000	$3,500	$3.50	4d	1	1.00mi
64 Kensington Rd Apt 1A Bronxville, NY	1.0	1.0	800	$2,895	$3.62	60d	1	1.01mi
64 Sagamore Rd Unit C1 Bronxville, NY	1.0	1.0	850	$3,600	$4.24	4d	1	1.04mi
64 Sagamore Rd Unit A6 Bronxville, NY	1.0	1.0	850	$2,900	$3.41	54d	1	1.05mi
85 Bennett Ave Unit 2 Yonkers, NY	2.0	1.0	1000	$2,500	$2.50	93d	1	1.08mi
107 Kensington Rd Unit 5 Bronxville, NY	2.0	1.0	655	$2,650	$4.05	17d	1	1.09mi
23 Belknap Ave Yonkers, NY	1.0	1.0	700	$2,300	$3.29	73d	1	1.09mi
111 Kensington Rd Unit 8 Bronxville, NY	1.0	1.0	825	$2,650	$3.21	62d	1	1.10mi
128 Colonial Pkwy Unit 3B Yonkers, NY	1.0	1.0	871	$2,750	$3.16	93d	1	1.13mi
601 Ridge Hill Blvd Yonkers, NY	1.0–2.0	1.0–2.0	896	$2,750	$3.07	21d	8	1.13mi
1 Elm St Unit 3B Tuckahoe, NY	2.0	1.0	1100	$3,200	$2.91	59d	1	1.16mi
1 Elm St Unit 3B Tuckahoe, NY	2.0	1.0	1100	$3,200	$2.91	56d	1	1.16mi
111 Sagamore Rd Unit 3C Tuckahoe, NY	1.0	1.0	775	$2,500	$3.23	37d	1	1.17mi
111 Sagamore Rd Unit 3C Tuckahoe, NY	1.0	1.0	800	$2,500	$3.12	19d	1	1.17mi
1 Vincent Rd Unit 4B Yonkers, NY	2.0	1.0	950	$2,400	$2.53	16d	1	1.17mi
23 Colin St Yonkers, NY	2.0	1.0	750	$2,500	$3.33	64d	1	1.21mi
21 Scarsdale Rd Yonkers, NY	2.0	1.0	753	$3,530	$4.69	4d	20	1.22mi
103 Burhans Ave Yonkers, NY	2.0	1.0	894	$2,000	$2.24	93d	1	1.23mi

Listing history 29 events

1. 2026-08-08
   days on market $140,000 Active 138 DOM
2. 2026-08-06
   days on market $140,000 Active 136 DOM
3. 2026-08-05
   days on market $140,000 Active 135 DOM
4. 2026-08-04
   days on market $140,000 Active 134 DOM
5. 2026-08-03
   days on market $140,000 Active 133 DOM
6. 2026-07-31
   pricestatusdays on market $140,000 Active 130 DOM
7. 2026-06-13
   statusdays on market $150,000 Pending 129 DOM
8. 2026-06-09
   days on market $150,000 Active 126 DOM
9. 2026-06-08
   days on market $150,000 Active 125 DOM
10. 2026-06-07
    days on market $150,000 Active 124 DOM
11. 2026-06-04
    days on market $150,000 Active 121 DOM
12. 2026-06-03
    days on market $150,000 Active 120 DOM
13. 2026-06-02
    days on market $150,000 Active 119 DOM
14. 2026-06-01
    days on market $150,000 Active 118 DOM
15. 2026-05-31
    days on market $150,000 Active 117 DOM
16. 2026-05-12
    status Active 1533-char remark

    Show marketing remark (1533 chars)

    Step into this beautifully renovated one-bedroom home offering a seamless blend of modern design, functionality, and comfort. Thoughtfully updated throughout, this spacious residence features wide-plank wood-style flooring, freshly painted walls, and ample natural light that creates a bright and inviting atmosphere. The contemporary kitchen showcases white shaker cabinetry, countertops, a sleek tile backsplash, and full-sized stainless-steel appliances, including a gas range. The bedroom offers generous space, comfortably able to fit a king size bed with additional furniture, and storage with a double-door closet and clean, neutral finishes. This move-in ready co-op delivers both style and practicality in a desirable location. Gate house with guard upon complex entry, Laundry on first floor, One guaranteed outdoor parking space assigned at closing for $75/month, plus a storage room space and bike room space (free of charge). ------ Minimum Financial Requirements for Purchase Applicants: 1) Minimum Equifax FICO 5.0 Credit Score of 740 or above, per applicant, required. 2) Required Minimum Debt to Income Ratio – not to exceed 30%. This includes ongoing costs such as maintenance, mortgage, taxes, other real estate, etc. 3) 20% Total Down Payment. 10% at contract signing required; balance due at closing. 4) Minimum of 2 years of Salary and Work History, required. 5) Minimum Cash Balance sufficient to meet 6 months of living expenses after payment of down payment and other related closing costs, required.

17. 2026-05-12
    historical 1533-char remark

    Show marketing remark (1533 chars)

    Step into this beautifully renovated one-bedroom home offering a seamless blend of modern design, functionality, and comfort. Thoughtfully updated throughout, this spacious residence features wide-plank wood-style flooring, freshly painted walls, and ample natural light that creates a bright and inviting atmosphere. The contemporary kitchen showcases white shaker cabinetry, countertops, a sleek tile backsplash, and full-sized stainless-steel appliances, including a gas range. The bedroom offers generous space, comfortably able to fit a king size bed with additional furniture, and storage with a double-door closet and clean, neutral finishes. This move-in ready co-op delivers both style and practicality in a desirable location. Gate house with guard upon complex entry, Laundry on first floor, One guaranteed outdoor parking space assigned at closing for $75/month, plus a storage room space and bike room space (free of charge). ------ Minimum Financial Requirements for Purchase Applicants: 1) Minimum Equifax FICO 5.0 Credit Score of 740 or above, per applicant, required. 2) Required Minimum Debt to Income Ratio – not to exceed 30%. This includes ongoing costs such as maintenance, mortgage, taxes, other real estate, etc. 3) 20% Total Down Payment. 10% at contract signing required; balance due at closing. 4) Minimum of 2 years of Salary and Work History, required. 5) Minimum Cash Balance sufficient to meet 6 months of living expenses after payment of down payment and other related closing costs, required.

18. 2026-04-07
    price $150,000 1533-char remark

    Show marketing remark (1533 chars)

    Step into this beautifully renovated one-bedroom home offering a seamless blend of modern design, functionality, and comfort. Thoughtfully updated throughout, this spacious residence features wide-plank wood-style flooring, freshly painted walls, and ample natural light that creates a bright and inviting atmosphere. The contemporary kitchen showcases white shaker cabinetry, countertops, a sleek tile backsplash, and full-sized stainless-steel appliances, including a gas range. The bedroom offers generous space, comfortably able to fit a king size bed with additional furniture, and storage with a double-door closet and clean, neutral finishes. This move-in ready co-op delivers both style and practicality in a desirable location. Gate house with guard upon complex entry, Laundry on first floor, One guaranteed outdoor parking space assigned at closing for $75/month, plus a storage room space and bike room space (free of charge). ------ Minimum Financial Requirements for Purchase Applicants: 1) Minimum Equifax FICO 5.0 Credit Score of 740 or above, per applicant, required. 2) Required Minimum Debt to Income Ratio – not to exceed 30%. This includes ongoing costs such as maintenance, mortgage, taxes, other real estate, etc. 3) 20% Total Down Payment. 10% at contract signing required; balance due at closing. 4) Minimum of 2 years of Salary and Work History, required. 5) Minimum Cash Balance sufficient to meet 6 months of living expenses after payment of down payment and other related closing costs, required.

19. 2026-03-24
    status Active 1533-char remark

    Show marketing remark (1533 chars)

    Step into this beautifully renovated one-bedroom home offering a seamless blend of modern design, functionality, and comfort. Thoughtfully updated throughout, this spacious residence features wide-plank wood-style flooring, freshly painted walls, and ample natural light that creates a bright and inviting atmosphere. The contemporary kitchen showcases white shaker cabinetry, countertops, a sleek tile backsplash, and full-sized stainless-steel appliances, including a gas range. The bedroom offers generous space, comfortably able to fit a king size bed with additional furniture, and storage with a double-door closet and clean, neutral finishes. This move-in ready co-op delivers both style and practicality in a desirable location. Gate house with guard upon complex entry, Laundry on first floor, One guaranteed outdoor parking space assigned at closing for $75/month, plus a storage room space and bike room space (free of charge). ------ Minimum Financial Requirements for Purchase Applicants: 1) Minimum Equifax FICO 5.0 Credit Score of 740 or above, per applicant, required. 2) Required Minimum Debt to Income Ratio – not to exceed 30%. This includes ongoing costs such as maintenance, mortgage, taxes, other real estate, etc. 3) 20% Total Down Payment. 10% at contract signing required; balance due at closing. 4) Minimum of 2 years of Salary and Work History, required. 5) Minimum Cash Balance sufficient to meet 6 months of living expenses after payment of down payment and other related closing costs, required.

20. 2025-12-29
    status Pending 1533-char remark

    Show marketing remark (1533 chars)

    Step into this beautifully renovated one-bedroom home offering a seamless blend of modern design, functionality, and comfort. Thoughtfully updated throughout, this spacious residence features wide-plank wood-style flooring, freshly painted walls, and ample natural light that creates a bright and inviting atmosphere. The contemporary kitchen showcases white shaker cabinetry, countertops, a sleek tile backsplash, and full-sized stainless-steel appliances, including a gas range. The bedroom offers generous space, comfortably able to fit a king size bed with additional furniture, and storage with a double-door closet and clean, neutral finishes. This move-in ready co-op delivers both style and practicality in a desirable location. Gate house with guard upon complex entry, Laundry on first floor, One guaranteed outdoor parking space assigned at closing for $75/month, plus a storage room space and bike room space (free of charge). ------ Minimum Financial Requirements for Purchase Applicants: 1) Minimum Equifax FICO 5.0 Credit Score of 740 or above, per applicant, required. 2) Required Minimum Debt to Income Ratio – not to exceed 30%. This includes ongoing costs such as maintenance, mortgage, taxes, other real estate, etc. 3) 20% Total Down Payment. 10% at contract signing required; balance due at closing. 4) Minimum of 2 years of Salary and Work History, required. 5) Minimum Cash Balance sufficient to meet 6 months of living expenses after payment of down payment and other related closing costs, required.

21. 2025-11-10
    listed $165,000 Active 1533-char remark

    Show marketing remark (1533 chars)

    Step into this beautifully renovated one-bedroom home offering a seamless blend of modern design, functionality, and comfort. Thoughtfully updated throughout, this spacious residence features wide-plank wood-style flooring, freshly painted walls, and ample natural light that creates a bright and inviting atmosphere. The contemporary kitchen showcases white shaker cabinetry, countertops, a sleek tile backsplash, and full-sized stainless-steel appliances, including a gas range. The bedroom offers generous space, comfortably able to fit a king size bed with additional furniture, and storage with a double-door closet and clean, neutral finishes. This move-in ready co-op delivers both style and practicality in a desirable location. Gate house with guard upon complex entry, Laundry on first floor, One guaranteed outdoor parking space assigned at closing for $75/month, plus a storage room space and bike room space (free of charge). ------ Minimum Financial Requirements for Purchase Applicants: 1) Minimum Equifax FICO 5.0 Credit Score of 740 or above, per applicant, required. 2) Required Minimum Debt to Income Ratio – not to exceed 30%. This includes ongoing costs such as maintenance, mortgage, taxes, other real estate, etc. 3) 20% Total Down Payment. 10% at contract signing required; balance due at closing. 4) Minimum of 2 years of Salary and Work History, required. 5) Minimum Cash Balance sufficient to meet 6 months of living expenses after payment of down payment and other related closing costs, required.

22. 2025-11-01
    historical
23. 2025-10-29
    status Active
24. 2025-08-19
    status Pending
25. 2025-06-11
    price $170,000
26. 2024-08-06
    listed $185,000 Active
27. 2024-02-05
    status Pending
28. 2023-07-31
    listed $185,000 Active
29. 2023-03-06
    listed $160,000 Active

ⓘ 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 3/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥99°F today · 15 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $29,325
• − Mortgage interest: −$7,842
• − Property taxes: −$2,100
• − Insurance: −$700
• − Repairs & maintenance: −$2,346
• − Management: −$2,346
• − Depreciation: −$4,073
• Taxable income: $9,918
• Est. tax owed @ 24.0%: −$2,380
• After-tax cash flow: $9,177/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.

Condition & rehab AI · 6 photos

Good 80/100 Cosmetic rehab Est. rehab $4,250–$12,750 screening

This beautifully renovated one-bedroom condo is move-in ready with modern design, hardwood-style flooring, and ample natural light. It offers a good condition score and is ready for minor exterior and interior enhancements to further increase its value.

Value-add opportunities

• Both Painting exterior brick — Enhances curb appeal and can increase both resale and rental value. ↑
• Both Landscaping improvements — Enhances curb appeal and can increase both resale and rental value. ↑
• Both New window treatments — Improves energy efficiency and enhances curb appeal. ↑
• Both Update HVAC system — Improves comfort and energy efficiency, which can increase both resale and rental value. ↑

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

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

C Composite livability gradescore 68/100

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 · 1,028,035 people
• City population: 212,407
• Metro: New York-Newark-Jersey City, NY-NJ-PA
• Population (ZIP): 70,676
• Household income: $64,776
• Rent vs Own: 73.3% rent · 26.7% own
• Severe rent burden: 11% of renters

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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%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.65)
• Race & ethnicity: Hispanic / Latino 52% White 21% Black 21% Two or more races 18% Asian 3% Native American 1%
• Hispanic origin (detail): Mexican 11% Puerto Rican 9% Dominican 19%
• Common ancestry: Romanian 1% Russian 1% Subsaharan African 1%
• Foreign-born: 35% · Canada, Jamaica, South Korea
• Languages at home: 45% English-only · Spanish 42% Other Indo-European 3% Arabic 2%

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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: ▼ -373.14%
• Current HPI: 332.0999
• Rent YoY: ▲ 4.39%
• Metro: New York-Newark-Jersey City, NY-NJ-PA
• State GDP YoY: ▲ 2.60%
• F500 in state: 92

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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

-6.2% since first listed

14 events — show timeline

• 2026-05-12 Relisted — OneKey® MLS as Distributed by MLS Grid
• 2026-05-12 Listing Removed — OneKey® MLS as Distributed by MLS Grid
• 2026-04-07 Price Changed $150,000 OneKey® MLS as Distributed by MLS Grid
• 2026-03-24 Relisted — OneKey® MLS as Distributed by MLS Grid
• 2025-12-29 Pending — OneKey® MLS as Distributed by MLS Grid
• 2025-11-10 Listed $165,000 OneKey® MLS as Distributed by MLS Grid
• 2025-11-01 Listing Removed — OneKey® MLS as Distributed by MLS Grid
• 2025-10-29 Relisted — OneKey® MLS as Distributed by MLS Grid
• 2025-08-19 Pending — OneKey® MLS as Distributed by MLS Grid
• 2025-06-11 Price Changed $170,000 OneKey® MLS as Distributed by MLS Grid
• 2024-08-06 Listed $185,000 OneKey® MLS as Distributed by MLS Grid
• 2024-02-05 Pending — OneKey® MLS as Distributed by MLS Grid
• 2023-07-31 Listed $185,000 OneKey® MLS as Distributed by MLS Grid
• 2023-03-06 Listed $160,000 OneKey® MLS as Distributed by MLS Grid