120 Kitchawan Rd · Scotts Corners, NY 10576

$1,525,000

4 bd · 3.0 ba · 3,804 sqft · SingleFamily public records · 30 Days on market

Built 1979 3.40 ac lot $401/sqft · 10% below area Est $1695k · 10% under

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Why this score? — see what drove the B 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 +26.1/30.0
• ARV discount +12.0/15.0
• DSCR +8.8/10.0
• Appreciation +6.9/10.0
• 1% rule +6.8/10.0
• Schools +5.3/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

East Meets West. Stunning Country Modern rich in architectural detail. Vaulted ceilings with cedar detailing, Brazilian cherry floors, mahogany steps and American black cherry millwork. Easy, open floorplan perfect for entertaining and everyday living. Sun-filled Living Room open to skylit Dining Room. Fabulous Siematic Kitchen open to Family Room with fireplace. Doors to expansive, new deck perfect for an indoor-outdoor lifestyle. Private Primary Suite with Dressing Room, Bath and doors to private sun deck with hot tub. Three additional Bedrooms. Heated Pool. Peaceful and private setting. Over three beautifully landscaped acres with incredible ornamental plantings and deer fencing. Garages for four cars. Spectacular! Additional Information: HeatingFuel:Oil Below Ground,ParkingFeatures:2 Car Attached,2 Car Detached,

Key facts

• 3.4 acre lot
• 4 garage spots
• Pool

Property features AI

Exterior

• Parking: Attached and detached garage spaces; Driveway; 4 garage spaces
• Utilities: Septic tank; Natural gas connected; Private trash collection
• Home design: Single family residence
• Construction: Frame construction with wood siding
• Exterior features: In-ground private pool; Spa; Back yard fencing (partial); Generator

Interior

• Kitchen: Dishwasher; Gas range; Microwave; Stainless steel appliances; Wine refrigerator
• Bedrooms: 12 total rooms (includes bedrooms and living spaces)
• Flooring: Hardwood floors
• Bathrooms: 2 full bathrooms; 1 half bathroom
• Heating & cooling: Hot water heating (oil); Central air; Ductless cooling
• Interior features: Chef's kitchen; Entrance foyer; Formal dining room; High ceilings; Kitchen island; Natural woodwork; Open floorplan; Primary bathroom with soaking tub; Walk-in closet(s); Wrap-around deck
• Laundry & utility: Washer; Dryer

What this means for you Summary

Snapshot

• This is a 4-bed/3.0-bath single-family listed at $1.52M.

Deal economics

• At list price, monthly cash flow is $4k ($46k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($18k rent vs $1.52M).
• Recommended offer: $1.50M (1.5% below list) — sets the bar for market timing.
• Cap rate 9.3% vs local median 2.4% in Scotts Corners — 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 63/100 on livability (#810 in NY) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing B+; Watch: amenities F, commute F, cost of living F.
• Bedford Central School District (rural): math 54% / reading 60% proficiency, ranked #211 of 590 in NY (top 36%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 10% free/reduced lunch — higher-income household profile.
• Zoned schools: Pound Ridge Elementary School (math 52% / reading 77%, grade B, #591 of 2,108 statewide, top 31%, 238 students, 10% FRL); Fox Lane Middle School (math 42% / reading 55%, grade C-, #300 of 729 statewide, top 41%, 765 students, 38% FRL); Fox Lane High School (math 97% / reading 82%, grade A+, #265 of 1,100 statewide, top 26%, 1,241 students, 36% FRL) — zoned schools average 28% FRL vs 10% district-wide (17 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 69 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 954 units permitted in Westchester County in 2024 (649 in 5+ unit buildings).

Forward outlook

• In year one you build about $69k of equity ($11k loan paydown + $59k appreciation (3.8% local appreciation)).
• Westchester County population projected at +10% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (3.8% appreciation + 3.0% rent growth), your $427k cash investment doubles in ~4 years — after that, you're playing with house money.
• By year 2, paydown + projected appreciation supports a ~$111k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 30 days — a 2% lower offer ($1.50M) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 23y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Climate carrying-cost: moderate wind risk, 25% chance of damaging wind over 30y — expect insurance premiums to compound above CPI over the hold.

Recommended offer $1,502,125 (1.5% below list)

Questions for the listing agent

1. Built in 1979 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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.
4. 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.
5. 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: 1.18% ✓
• Cap rate: 9.31%
• Cash-on-cash: 10.79%
• DSCR: 1.48
• GRM: 7.1

CMA / ARV

• ARV (median comp): $1,695,101
• List price: $1,525,000
• Delta: -10.03%
• Verdict: UNDERPRICED
• Comps: 15 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
48 Bishop Park Rd	0.46mi	4/3.5	3,399 (-11%)	19mo	$2,150,000	$633	43

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

Projected returns pro-forma

3.84% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 19.6%
• Equity multiple: 2.16×
• Total profit: $497,162
• Equity at exit: $758,803

10-year hold

• IRR: 20.2%
• Equity multiple: 4.15×
• Total profit: $1,345,571
• Equity at exit: $1,229,737

Cash invested: $427,000 (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 10576

• Home prices YoY: 1.6%
• Active inventory: 69
• Price-to-rent: 7.1×

Monthly cashflow live

• Estimated rent: $18,000 medium
• Mortgage (P&I): −$7,997
• Tax from tax record: −$1,747 /mo · $20,968/yr
• Insurance: −$635
• HOA: −$0
• Vacancy / Maint / Mgmt: −$3,780
• Net cashflow: $3,840

Break-even live

Break-even rent $13,139

Max offer price $1,525,000

Occupancy floor 74%

Sensitivity live

Price	-10% $4,703	-5% $4,272	+0% $3,840	+5% $3,408	+10% $2,977
Rent	-10% $2,418	-5% $3,129	+0% $3,840	+5% $4,551	+10% $5,262
Rate	-1.0pp $4,608	-0.5pp $4,228	base $3,840	+0.5pp $3,445	+1.0pp $3,043

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: $381,250
• Closing costs: $45,750
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
106 Old Stone Hill Rd Pound Ridge, NY	5.0	5.5	4534	$18,000	$3.97	3d	1	1.26mi

Listing history 39 events

1. 2026-06-13
   statusdays on market $1,525,000 Pending 30 DOM
2. 2026-06-10
   days on market $1,525,000 Active 28 DOM
3. 2026-06-09
   days on market $1,525,000 Active 27 DOM
4. 2026-06-08
   days on market $1,525,000 Active 26 DOM
5. 2026-06-07
   days on market $1,525,000 Active 25 DOM
6. 2026-06-05
   days on market $1,525,000 Active 22 DOM
7. 2026-06-03
   days on market $1,525,000 Active 21 DOM
8. 2026-06-03
   days on market $1,525,000 Active 20 DOM
9. 2026-06-01
   days on market $1,525,000 Active 19 DOM
10. 2026-05-31
    days on market $1,525,000 Active 18 DOM
11. 2026-05-14
    listed $1,525,000 Active 806-char remark
12. 2026-05-07
    historical $1,525,000 806-char remark
13. 2022-10-21
    soldstatus $1,350,000
14. 2022-09-20
    soldstatus $1,350,000 Closed 827-char remark

    Show marketing remark (827 chars)

    East Meets West. Stunning Country Modern rich in architectural detail. Vaulted ceilings with cedar detailing, Brazilian cherry floors, mahogany steps and American black cherry millwork. Easy, open floorplan perfect for entertaining and everyday living. Sun-filled Living Room open to skylit Dining Room. Fabulous Siematic Kitchen open to Family Room with fireplace. Doors to expansive, new deck perfect for an indoor-outdoor lifestyle. Private Primary Suite with Dressing Room, Bath and doors to private sun deck with hot tub. Three additional Bedrooms. Heated Pool. Peaceful and private setting. Over three beautifully landscaped acres with incredible ornamental plantings and deer fencing. Garages for four cars. Spectacular! Additional Information: HeatingFuel:Oil Below Ground,ParkingFeatures:2 Car Attached,2 Car Detached,

15. 2022-07-22
    status Pending 827-char remark

    Show marketing remark (827 chars)

    East Meets West. Stunning Country Modern rich in architectural detail. Vaulted ceilings with cedar detailing, Brazilian cherry floors, mahogany steps and American black cherry millwork. Easy, open floorplan perfect for entertaining and everyday living. Sun-filled Living Room open to skylit Dining Room. Fabulous Siematic Kitchen open to Family Room with fireplace. Doors to expansive, new deck perfect for an indoor-outdoor lifestyle. Private Primary Suite with Dressing Room, Bath and doors to private sun deck with hot tub. Three additional Bedrooms. Heated Pool. Peaceful and private setting. Over three beautifully landscaped acres with incredible ornamental plantings and deer fencing. Garages for four cars. Spectacular! Additional Information: HeatingFuel:Oil Below Ground,ParkingFeatures:2 Car Attached,2 Car Detached,

16. 2022-07-08
    listed $1,149,000 Active 827-char remark

    Show marketing remark (827 chars)

    East Meets West. Stunning Country Modern rich in architectural detail. Vaulted ceilings with cedar detailing, Brazilian cherry floors, mahogany steps and American black cherry millwork. Easy, open floorplan perfect for entertaining and everyday living. Sun-filled Living Room open to skylit Dining Room. Fabulous Siematic Kitchen open to Family Room with fireplace. Doors to expansive, new deck perfect for an indoor-outdoor lifestyle. Private Primary Suite with Dressing Room, Bath and doors to private sun deck with hot tub. Three additional Bedrooms. Heated Pool. Peaceful and private setting. Over three beautifully landscaped acres with incredible ornamental plantings and deer fencing. Garages for four cars. Spectacular! Additional Information: HeatingFuel:Oil Below Ground,ParkingFeatures:2 Car Attached,2 Car Detached,

17. 2014-03-15
    price $885,000

    Show marketing remark (371 chars)

    East meets West! Impeccable home with additions and overall design by architect Carol Kurth. Sun-filled spaces with great flow for entertainment and easy living. Warm and stylish materials. Wonderful great room with fireplace, magazine quality kitchen & baths. Inground pool. Large deck with hot tub from master bedroom. Lake rights, 4 car garage. Better than new!

18. 2014-03-15
    price $1,150,000

    Show marketing remark (371 chars)

    East meets West! Impeccable home with additions and overall design by architect Carol Kurth. Sun-filled spaces with great flow for entertainment and easy living. Warm and stylish materials. Wonderful great room with fireplace, magazine quality kitchen & baths. Inground pool. Large deck with hot tub from master bedroom. Lake rights, 4 car garage. Better than new!

19. 2014-01-27
    price $1,100,000
20. 2011-06-24
    soldstatus $885,000
21. 2011-06-17
    soldstatus $885,000 Sold

    Show marketing remark (371 chars)

    East meets West! Impeccable home with additions and overall design by architect Carol Kurth. Sun-filled spaces with great flow for entertainment and easy living. Warm and stylish materials. Wonderful great room with fireplace, magazine quality kitchen & baths. Inground pool. Large deck with hot tub from master bedroom. Lake rights, 4 car garage. Better than new!

22. 2011-04-01
    historical Pending

    Show marketing remark (371 chars)

    East meets West! Impeccable home with additions and overall design by architect Carol Kurth. Sun-filled spaces with great flow for entertainment and easy living. Warm and stylish materials. Wonderful great room with fireplace, magazine quality kitchen & baths. Inground pool. Large deck with hot tub from master bedroom. Lake rights, 4 car garage. Better than new!

23. 2011-04-01
    price $929,000

    Show marketing remark (371 chars)

    East meets West! Impeccable home with additions and overall design by architect Carol Kurth. Sun-filled spaces with great flow for entertainment and easy living. Warm and stylish materials. Wonderful great room with fireplace, magazine quality kitchen & baths. Inground pool. Large deck with hot tub from master bedroom. Lake rights, 4 car garage. Better than new!

24. 2011-03-08
    listed $929,000 Active

    Show marketing remark (371 chars)

    East meets West! Impeccable home with additions and overall design by architect Carol Kurth. Sun-filled spaces with great flow for entertainment and easy living. Warm and stylish materials. Wonderful great room with fireplace, magazine quality kitchen & baths. Inground pool. Large deck with hot tub from master bedroom. Lake rights, 4 car garage. Better than new!

25. 2010-09-20
    historical
26. 2010-05-18
    listed Active
27. 2008-06-25
    soldstatus $1,150,000
28. 2008-06-02
    historical
29. 2008-05-30
    soldstatus $1,150,000
30. 2008-03-18
    listed $1,100,000
31. 2004-05-03
    soldstatus $985,000
32. 2003-12-15
    soldstatus $985,000
33. 2003-12-04
    price $995,000
34. 2003-12-04
    historical
35. 2003-09-03
    listed $985,000
36. 2003-09-03
    historical
37. 2003-03-22
    listed
38. 1993-09-28
    soldstatus $380,500
39. 1977-08-18
    soldstatus $28,000

ⓘ 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: $20,968 · $1,747/mo
• Projected year-2 tax: $23,370 · $1,948/mo
• Expected delta: +$2,402/yr (+$200/mo · 11.5%)

ⓘ 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 3/10 Moderate
• 🌡 Heat 4/10 Moderate 7 d/yr ≥98°F today · 16 d/yr by 30 yrs out
• 💨 Wind 5/10 Major 25% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 3 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $216,000
• − Mortgage interest: −$85,424
• − Property taxes: −$20,968
• − Insurance: −$7,625
• − Repairs & maintenance: −$17,280
• − Management: −$17,280
• − Depreciation: −$44,364
• Taxable income: $23,059
• Est. tax owed @ 24.0%: −$5,534
• After-tax cash flow: $40,545/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: Bedford Central School District
• NCES district ID: 3619950
• Math proficiency: 54% ▼ -9.00%
• Reading proficiency: 60% ▬ 0.00%
• Median HH income: $98,055
• Composite: 53.17/100
• National rank: #1508
• State rank: #211 of 590 in NY

Livability — Scotts Corners

• Score: 63/100
• State rank: #810
• US rank: #15702

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 4,904

Population outlook (Westchester County) Hauer SSP2

• Today (2025): 1,028,035 people
• By 2030: 1,051,636 · +2.3%
• By 2040: 1,098,520 · +6.9%
• By 2050: 1,136,044 · +10.5%
• By 2075: 1,196,925 · +16.4%
• By 2100: 1,175,147 · +14.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (90%)
• Race & ethnicity: White 90% Hispanic / Latino 4% Two or more races 3% Asian 2% Black 1%
• Common ancestry: Romanian 6% Scotch-Irish 4% Italian 3%
• Foreign-born: 10% · Canada, China, Jamaica
• Languages at home: 88% English-only · Other Indo-European 5% Spanish 3% French/Haitian/Cajun 2%

Political lean MEDSL · Westchester

• 2024 margin: Strong D (+26.3) · D 63.1% · R 36.9%
• 2008→2024 swing: -1.3pp toward R · 2008: 27.6pp · 2024: 26.3pp
• All cycles: 2024: D+26.3 2020: D+36.3 2016: D+32.8 2012: D+22.2 2008: D+27.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 3.84%
• Current HPI: 239.5803
• 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

+5346.4% since first listed

30 events — show timeline

• 2026-06-12 Pending — OneKey® MLS as Distributed by MLS Grid
• 2026-05-14 Listed $1,525,000 OneKey® MLS as Distributed by MLS Grid
• 2026-05-07 Coming Soon $1,525,000 OneKey® MLS as Distributed by MLS Grid
• 2022-10-21 Sold (Public Records) $1,350,000 Public Records
• 2022-09-20 Sold (MLS) $1,350,000 OneKey® MLS as Distributed by MLS Grid
• 2022-07-22 Pending — OneKey® MLS as Distributed by MLS Grid
• 2022-07-08 Listed $1,149,000 OneKey® MLS as Distributed by MLS Grid
• 2014-03-15 Price Changed $885,000 HGMLS
• 2014-03-15 Price Changed $1,150,000 HGMLS
• 2014-01-27 Price Changed $1,100,000 HGMLS
• 2011-06-24 Sold (Public Records) $885,000 Public Records
• 2011-06-17 Sold (MLS) $885,000 HGMLS
• 2011-04-01 Contingent — HGMLS
• 2011-04-01 Price Changed $929,000 HGMLS
• 2011-03-08 Listed $929,000 HGMLS
• 2010-09-20 Delisted — HGMLS
• 2010-05-18 Listed — HGMLS
• 2008-06-25 Sold (Public Records) $1,150,000 Public Records
• 2008-06-02 Delisted — HGMLS
• 2008-05-30 Sold (MLS) $1,150,000 HGMLS
• 2008-03-18 Listed $1,100,000 HGMLS
• 2004-05-03 Sold (Public Records) $985,000 Public Records
• 2003-12-15 Sold (MLS) $985,000 HGMLS
• 2003-12-04 Delisted — HGMLS
• 2003-12-04 Price Changed $995,000 HGMLS
• 2003-09-03 Delisted — HGMLS
• 2003-09-03 Listed $985,000 HGMLS
• 2003-03-22 Listed — HGMLS
• 1993-09-28 Sold (Public Records) $380,500 Public Records
• 1977-08-18 Sold (Public Records) $28,000 Public Records

Property tax history

+3.8%/yr

Latest (2025): $20,968 · +7.8% YoY. Source: county tax records.