917 Congress St · Ogdensburg, NY 13669

$55,000

3 bd · 2.5 ba · 1,584 sqft · SingleFamily public records · 347 Days on market

Built 1920 5,280 sqft lot Est $93k · 41% under ↓ 4% since listing

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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
• Appreciation +5.5/10.0
• Schools +3.3/10.0
• Livability +3.3/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Affordable and close to high school for sports and entertainment! This three-bedroom home features a two-stall detached garage with off lane parking. Enjoy the oversized yard and deck in the spring and summer. The living room is open to the combined kitchen and dining room. It also has two full bathrooms which is a must for busy families. The downstairs bedroom has been converted to a large laundry room. A family room was added to the back of the house and leads to the fenced yard. No more driving kids to OFA! Make your appointment today!

Key facts

• Access from the lane
• Close to high school
• Entry to a deck

Tags

• MOSTLY FENCED YARD
• CLOSE TO HIGH SCHOOL
• CLOSE TO STORES
• CLOSE TO MAPLE CITY TRAIL
• ACCESS FROM THE LANE
• ENTRY TO A DECK

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath single-family listed at $55k.

Deal economics

• At list price, monthly cash flow is $583 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $55k).
• Recommended offer: $48k (12.0% below list) — sets the bar for market timing.
• Cap rate 19.0% vs local median 5.3% in Ogdensburg — 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 66/100 on livability (#624 in NY) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: employment D+, schools D-, crime F.
• Ogdensburg City School District (town): math 34% / reading 46% proficiency, ranked #531 of 590 in NY (top 90%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 127 active listings in the ZIP; 215 units permitted in St. Lawrence County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $967 of equity ($380 loan paydown + $587 appreciation (1.1% local appreciation)).
• St. Lawrence County population projected at -14% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (1.1% appreciation + 3.0% rent growth), your $15k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 347 days — a 12% lower offer ($48k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 9y ago; this cycle's ask has dropped $30k (35%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1920 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $48,400 (12.0% below list)

Questions for the listing agent

1. It's been on market 347 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 1920 — 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 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?
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: 2.22% ✓
• Cap rate: 19.02%
• Cash-on-cash: 45.44%
• DSCR: 3.02
• GRM: 3.8

CMA / ARV

• ARV (on-the-fly): $93,456
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
924 Caroline St	0.25mi	3/2.0	1,578 (-0%)	6mo	$86,500	$55	81
1114 Pickering St	0.19mi	4/1.0 (+1)	1,550 (-2%)	6mo	$17,000	$11	71
931 Elizabeth St	0.38mi	3/1.0	1,550 (-2%)	6mo	$88,000	$57	68
924 Pickering St	0.11mi	3/1.5	1,766 (+12%)	5mo	$94,900	$54	68
403 Rensselaer Ave	0.61mi	3/2.0	1,596 (+1%)	3mo	$130,000	$81	66
822 Caroline St	0.26mi	3/1.5	1,790 (+13%)	7mo	$72,500	$41	56
616 Elizabeth St	0.47mi	4/1.5 (+1)	1,492 (-6%)	4mo	$78,000	$52	55
625 Mansion Ave	0.46mi	3/2.0	1,366 (-14%)	3mo	$80,000	$59	51
428 Pine St	0.61mi	3/1.0	1,497 (-6%)	7mo	$159,900	$107	50
1011 New York Ave	0.43mi	3/1.0	1,384 (-13%)	6mo	$116,000	$84	48
418 St. Lawrence Ave	0.59mi	4/1.0 (+1)	1,450 (-8%)	9mo	$124,000	$86	40
123 Franklin St	0.74mi	3/2.0	1,381 (-13%)	4mo	$119,000	$86	39

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

Projected returns pro-forma

1.07% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 48.2%
• Equity multiple: 3.49×
• Total profit: $38,369
• Equity at exit: $18,969

10-year hold

• IRR: 49.8%
• Equity multiple: 6.97×
• Total profit: $91,863
• Equity at exit: $25,357

Cash invested: $15,400 (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 13669

• Home prices YoY: 0.4%
• Active inventory: 127
• Price-to-rent: 3.8×

Monthly cashflow live

• Estimated rent: $1,219 medium
• Mortgage (P&I): −$288
• Tax est. 1.5%: −$69 /mo · $825/yr
• Insurance: −$23
• HOA: −$0
• Vacancy / Maint / Mgmt: −$256
• Net cashflow: $583

Break-even live

Break-even rent $481

Max offer price $55,000

Occupancy floor 47%

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: $13,750
• Closing costs: $1,650
• Reserves months: —
• Total cash needed: —

Listing history 21 events

1. 2026-04-20
   status Pending
2. 2026-03-31
   status Active
3. 2026-03-31
   price $55,000
4. 2026-03-24
   status Pending
5. 2026-03-01
   price $60,000
6. 2026-02-19
   price $63,000
7. 2026-01-09
   price $65,000
8. 2025-12-03
   price $67,000
9. 2025-11-01
   price $69,900
10. 2025-10-19
    price $73,000
11. 2025-08-18
    price $75,000
12. 2025-06-20
    price $77,900
13. 2025-05-19
    price $80,000
14. 2025-05-01
    listed $85,000 Active
15. 2022-12-27
    soldstatus $56,000
16. 2022-12-22
    soldstatus $56,000 545-char remark

    Show marketing remark (545 chars)

    Affordable and close to high school for sports and entertainment! This three-bedroom home features a two-stall detached garage with off lane parking. Enjoy the oversized yard and deck in the spring and summer. The living room is open to the combined kitchen and dining room. It also has two full bathrooms which is a must for busy families. The downstairs bedroom has been converted to a large laundry room. A family room was added to the back of the house and leads to the fenced yard. No more driving kids to OFA! Make your appointment today!

17. 2022-03-22
    listed $59,900 545-char remark

    Show marketing remark (545 chars)

    Affordable and close to high school for sports and entertainment! This three-bedroom home features a two-stall detached garage with off lane parking. Enjoy the oversized yard and deck in the spring and summer. The living room is open to the combined kitchen and dining room. It also has two full bathrooms which is a must for busy families. The downstairs bedroom has been converted to a large laundry room. A family room was added to the back of the house and leads to the fenced yard. No more driving kids to OFA! Make your appointment today!

18. 2017-11-22
    soldstatus $57,300 459-char remark

    Show marketing remark (459 chars)

    A feeling of "Home" envelopes you when you enter this cozy 1.5 story house with 3 bedrooms. The living room is open to the combined kitchen and dining room. there is plenty of room to spread out. A downstairs bedroom has been converted to a large laundry room. There is a full bath both upstairs and down. A family room was added to the rear of the home and leads to the fenced yard. There is a two-stall garage off the lane for parking and storage.

19. 2017-11-22
    soldstatus $57,500

    Show marketing remark (459 chars)

    A feeling of "Home" envelopes you when you enter this cozy 1.5 story house with 3 bedrooms. The living room is open to the combined kitchen and dining room. there is plenty of room to spread out. A downstairs bedroom has been converted to a large laundry room. There is a full bath both upstairs and down. A family room was added to the rear of the home and leads to the fenced yard. There is a two-stall garage off the lane for parking and storage.

20. 2017-07-08
    listed $59,900 459-char remark

    Show marketing remark (459 chars)

    A feeling of "Home" envelopes you when you enter this cozy 1.5 story house with 3 bedrooms. The living room is open to the combined kitchen and dining room. there is plenty of room to spread out. A downstairs bedroom has been converted to a large laundry room. There is a full bath both upstairs and down. A family room was added to the rear of the home and leads to the fenced yard. There is a two-stall garage off the lane for parking and storage.

21. 2007-06-18
    soldstatus $57,000

ⓘ 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 · 15 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,632
• − Mortgage interest: −$3,081
• − Property taxes: −$825
• − Insurance: −$275
• − Repairs & maintenance: −$1,171
• − Management: −$1,171
• − Depreciation: −$1,600
• Taxable income: $6,510
• Est. tax owed @ 24.0%: −$1,562
• After-tax cash flow: $5,436/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: Ogdensburg City School District
• NCES district ID: 3621660
• Math proficiency: 34% ▼ -15.00%
• Reading proficiency: 46% ▲ 6.00%
• Median HH income: $38,253
• Composite: 33.33/100
• National rank: #5497
• State rank: #531 of 590 in NY

Livability — Ogdensburg

• Score: 66/100
• State rank: #624
• US rank: #11365

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Ogdensburg, NY
• Population (ZIP): 15,615

Population outlook (St. Lawrence County) Hauer SSP2

• Today (2025): 110,027 people
• By 2030: 107,455 · -2.3%
• By 2040: 100,492 · -8.7%
• By 2050: 94,254 · -14.3%
• By 2075: 80,175 · -27.1%
• By 2100: 63,140 · -42.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (91%)
• Race & ethnicity: White 91% Black 4% Two or more races 3% Hispanic / Latino 2%
• Common ancestry: Lithuanian 10% Polish 6% Slovak 3%
• Foreign-born: 3% · Canada, China, Jamaica
• Languages at home: 89% English-only · German/W. Germanic 9% Spanish 1%

Political lean MEDSL · St. Lawrence

• 2024 margin: R (+18.0) · D 41.0% · R 59.0%
• 2008→2024 swing: -34.3pp toward R · 2008: 16.3pp · 2024: -18.0pp
• All cycles: 2024: R+18.0 2020: R+11.7 2016: R+10.8 2012: D+16.6 2008: D+16.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 1.07%
• Current HPI: 264.0261
• 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

-3.5% since first listed

21 events — show timeline

• 2026-04-20 Pending — SLCMLS
• 2026-03-31 Relisted — SLCMLS
• 2026-03-31 Price Changed $55,000 SLCMLS
• 2026-03-24 Pending — SLCMLS
• 2026-03-01 Price Changed $60,000 SLCMLS
• 2026-02-19 Price Changed $63,000 SLCMLS
• 2026-01-09 Price Changed $65,000 SLCMLS
• 2025-12-03 Price Changed $67,000 SLCMLS
• 2025-11-01 Price Changed $69,900 SLCMLS
• 2025-10-19 Price Changed $73,000 SLCMLS
• 2025-08-18 Price Changed $75,000 SLCMLS
• 2025-06-20 Price Changed $77,900 SLCMLS
• 2025-05-19 Price Changed $80,000 SLCMLS
• 2025-05-01 Listed $85,000 SLCMLS
• 2022-12-27 Sold (Public Records) $56,000 Public Records
• 2022-12-22 Sold (MLS) $56,000 SLCMLS
• 2022-03-22 Listed $59,900 SLCMLS
• 2017-11-22 Sold (Public Records) $57,500 Public Records
• 2017-11-22 Sold (MLS) $57,300 SLCMLS
• 2017-07-08 Listed $59,900 SLCMLS
• 2007-06-18 Sold (Public Records) $57,000 Public Records

Property tax history

+26.6%/yr

Latest (2025): $3,697 · +0.7% YoY. Source: county tax records.