3 Jill Marie Cir · Wallkill, NY 12589

$689,900

3 bd · 3.0 ba · 2,510 sqft · SingleFamily public records · 35 Days on market

Built 2002 1.60 ac lot $275/sqft · 26% above area Est $816k · 15% under

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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).

• ARV discount +14.5/15.0
• Appreciation +10.0/10.0
• Schools +4.9/10.0
• Livability +3.3/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Cash flow +1.4/30.0
• 1% rule +0.0/10.0
• DSCR +0.0/10.0

Listing remarks MLS

WALLKILL SCHOOLS - Welcome to 3 Jill Marie Circle, an exceptional Hudson Valley residence offering over 3,700 square feet of beautifully maintained living space with 4 bedrooms and 3 full bathrooms on 1.6 pristine acres in a desirable subdivision within Ulster County. Lovingly cared for by its original owner, this impressive property showcases quality craftsmanship, thoughtful upgrades, and indoor/outdoor living spaces rarely found in newer construction homes. A meticulously landscaped exterior, charming cedar front porch, and exceptional curb appeal create a warm and inviting first impression. Inside, a two-story foyer is flanked by a formal living room and dining room offering a functional layout. The heart of the home is the open-concept family room featuring a cozy woodburning fireplace, seamlessly flowing into the spacious eat-in kitchen complete with quartz countertops, oak cabinetry, pantry storage, and a breakfast peninsula -- ideal for both everyday living and entertaining. The main level also features a first-floor bedroom and full bathroom, offering flexible space for guests, extended family, a home office, or playroom. Upstairs, the expansive primary suite offers tray ceilings and a fantastic ensuite bathroom with vaulted ceiling, featuring a Jacuzzi tub, separate shower, dual vanity, water closet, and a spacious walk-in closet with custom built-ins. Two additional bedrooms, a large additional room with a closet, full bathroom, second-floor laundry room, and linen closet complete the upper level. The finished lower level provides approximately 900 additional square feet of versatile living space, perfect for a media room, gym, recreation area, playroom, or home office. Outdoor living is equally impressive with a stunning Rosetta stone patio, custom-built firepit, and built-in bench seating overlooking the beautifully maintained grounds and open backyard. Gardening enthusiasts will appreciate the established garden featuring kale, tomatoes, cucumbers, beets, basil, parsley, and additional space to expand. Additional highlights include an attached two-car garage with a Tesla charging station, whole-house Aquasana water filtration system (2020), central air, Nest thermostat, plantation shutters throughout the main level, newer boiler and hot water heater (2024), and solar panels to help offset electricity bills. Ideally located in the heart of the Hudson Valley, this home is convenient to major commuter routes, approximately 75 minutes to NYC, Stewart International Airport, and Metro-North Train service. Whether you enjoy your morning coffee on the front porch or a glass of wine on the back patio, this property delivers the serenity of country living with the convenience of being situated close to schools, shops and parks. Enjoy nearby wineries including Magnanini Winery just down the country road, breweries, the famous Angry Orchard Cider House, local farm stands, Mohonk Mountain, and Minnewaska State Park offering the very best of Hudson Valley living.

Key facts

• 1.6 acre lot
• 2 garage spots
• Built 2002

Property features AI

Exterior

• Parking: Driveway; Attached garage with 2 spaces; Garage door opener; Electric vehicle charging station(s)
• Utilities: Electricity connected (Central Hudson); Septic tank
• Home design: Single-family residence; Three or more levels; Actual property condition
• Construction: Frame construction
• Exterior features: Frame construction; Corner lot with landscaped front yard and garden; Level lot

Interior

• Kitchen: Eat-in kitchen; Breakfast bar; Pantry; Dishwasher; Oven; Refrigerator
• Bedrooms: Includes a bedroom on the first floor
• Flooring: Hardwood; Carpet; Tile
• Bathrooms: Three full bathrooms
• Heating & cooling: Baseboard heating (oil); Central air conditioning; Wood-burning fireplace (1)
• Interior features: First-floor bedroom; First-floor full bath; Breakfast bar; Double vanities; Eat-in kitchen; Entrance foyer; Formal dining room; Open floor plan; Pantry; Recessed lighting; Storage; Walk-in closets; Patio and porch (wrap-around); Finished basement with storage and Bilco doors; Home office
• Laundry & utility: Laundry room (inside, in hall); Washer and dryer included; Washer/Dryer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/3.0-bath single-family listed at $690k.

Deal economics

• At list price, monthly cash flow is $-3k ($-33k/yr) — negative.
• To cash-flow at today's rent, offer at most $271k (60.7% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $290k (58.0% below list).
• Recommended offer: $271k (60.7% below list) — sets the bar for cash-flow.

Location & tenants

• Location reads 66/100 on livability (#630 in NY) — a middle-class / working-renter tenant base. Strengths: housing A+, crime A, employment A-; Watch: cost of living C-, amenities F, commute F.
• Wallkill Central School District (suburban): math 54% / reading 56% proficiency, ranked #279 of 590 in NY (top 47%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Leptondale Elementary School (math 32% / reading 57%, grade F, #1,277 of 2,108 statewide, top 64%, 464 students, 28% FRL); John G Borden Middle School (math 32% / reading 47%, grade F, #418 of 729 statewide, top 59%, 432 students, 37% FRL); Wallkill Senior High School (math 97% / reading 75%, grade A, #347 of 1,100 statewide, top 32%, 1,004 students, 34% FRL).
• Market conditions: 100 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 464 units permitted in Ulster County in 2024 (170 in 5+ unit buildings).

Forward outlook

• In year one you build about $74k of equity ($5k loan paydown + $69k appreciation (10.0% local appreciation)).
• Ulster County population projected at -14% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• By year 2, paydown + projected appreciation supports a ~$119k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 35 days — a 3% lower offer ($669k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts 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 $270,950 (60.7% 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 35 days. Have you received any prior offers? Is the seller open to a 61% concession, seller financing, or rate buy-down credit?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
5. 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?
6. 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.
7. 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.
8. 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: 0.42% ✗
• Cap rate: 1.52%
• Cash-on-cash: -17.04%
• DSCR: 0.24
• GRM: 19.8

CMA / ARV

• ARV (median comp): $816,060
• List price: $689,900
• Delta: -15.46%
• Verdict: UNDERPRICED
• Comps: 9 within 1.0 mi

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
6 Jill Marie Cir	0.05mi	3/2.5	2,352 (-6%)	2mo	$621,500	$264	84
2221 State Route 300	0.41mi	4/3.0 (+1)	2,380 (-5%)	14mo	$600,000	$252	56
2284 State Route 300	0.55mi	4/3.0 (+1)	2,458 (-2%)	18mo	$500,000	$203	51

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

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 12.5%
• Equity multiple: 2.04×
• Total profit: $201,221
• Equity at exit: $621,517

10-year hold

• IRR: 13.0%
• Equity multiple: 4.78×
• Total profit: $730,379
• Equity at exit: $1,340,324

Cash invested: $193,172 (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 12589

• Home prices YoY: 5.2%
• Active inventory: 100
• Price-to-rent: 19.8×

Monthly cashflow live

• Estimated rent: $2,900 medium
• Mortgage (P&I): −$3,618
• Tax from tax record: −$1,129 /mo · $13,547/yr
• Insurance: −$287
• HOA: −$0
• Vacancy / Maint / Mgmt: −$609
• Net cashflow: $-2,743

Break-even live

Break-even rent $6,373

Max offer price $270,950

Occupancy floor —

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: $172,475
• Closing costs: $20,697
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
118 Plains Rd Unit 2 Walden, NY	3.0	2.0	1800	$2,900	$1.61	23d	1	1.16mi
118 Plains Rd Unit 2 Walden, NY	3.0	2.0	1800	$2,900	$1.61	43d	1	1.16mi

Listing history 18 events

1. 2026-06-17
   status $689,900 Pending 35 DOM

   Show marketing remark (3017 chars)

   WALLKILL SCHOOLS - Welcome to 3 Jill Marie Circle, an exceptional Hudson Valley residence offering over 3,700 square feet of beautifully maintained living space with 4 bedrooms and 3 full bathrooms on 1.6 pristine acres in a desirable subdivision within Ulster County. Lovingly cared for by its original owner, this impressive property showcases quality craftsmanship, thoughtful upgrades, and indoor/outdoor living spaces rarely found in newer construction homes. A meticulously landscaped exterior, charming cedar front porch, and exceptional curb appeal create a warm and inviting first impression. Inside, a two-story foyer is flanked by a formal living room and dining room offering a functional layout. The heart of the home is the open-concept family room featuring a cozy woodburning fireplace, seamlessly flowing into the spacious eat-in kitchen complete with quartz countertops, oak cabinetry, pantry storage, and a breakfast peninsula -- ideal for both everyday living and entertaining. The main level also features a first-floor bedroom and full bathroom, offering flexible space for guests, extended family, a home office, or playroom. Upstairs, the expansive primary suite offers tray ceilings and a fantastic ensuite bathroom with vaulted ceiling, featuring a Jacuzzi tub, separate shower, dual vanity, water closet, and a spacious walk-in closet with custom built-ins. Two additional bedrooms, a large additional room with a closet, full bathroom, second-floor laundry room, and linen closet complete the upper level. The finished lower level provides approximately 900 additional square feet of versatile living space, perfect for a media room, gym, recreation area, playroom, or home office. Outdoor living is equally impressive with a stunning Rosetta stone patio, custom-built firepit, and built-in bench seating overlooking the beautifully maintained grounds and open backyard. Gardening enthusiasts will appreciate the established garden featuring kale, tomatoes, cucumbers, beets, basil, parsley, and additional space to expand. Additional highlights include an attached two-car garage with a Tesla charging station, whole-house Aquasana water filtration system (2020), central air, Nest thermostat, plantation shutters throughout the main level, newer boiler and hot water heater (2024), and solar panels to help offset electricity bills. Ideally located in the heart of the Hudson Valley, this home is convenient to major commuter routes, approximately 75 minutes to NYC, Stewart International Airport, and Metro-North Train service. Whether you enjoy your morning coffee on the front porch or a glass of wine on the back patio, this property delivers the serenity of country living with the convenience of being situated close to schools, shops and parks. Enjoy nearby wineries including Magnanini Winery just down the country road, breweries, the famous Angry Orchard Cider House, local farm stands, Mohonk Mountain, and Minnewaska State Park offering the very best of Hudson Valley living.

2. 2026-06-16
   days on market $689,900 Active 35 DOM
3. 2026-06-15
   days on market $689,900 Active 34 DOM
4. 2026-06-14
   days on market $689,900 Active 32 DOM
5. 2026-06-13
   days on market $689,900 Active 31 DOM
6. 2026-06-10
   days on market $689,900 Active 29 DOM
7. 2026-06-09
   days on market $689,900 Active 28 DOM
8. 2026-06-08
   days on market $689,900 Active 27 DOM
9. 2026-06-07
   days on market $689,900 Active 26 DOM
10. 2026-06-05
    days on market $689,900 Active 23 DOM
11. 2026-06-03
    days on market $689,900 Active 22 DOM
12. 2026-06-02
    days on market $689,900 Active 21 DOM
13. 2026-06-01
    days on market $689,900 Active 20 DOM
14. 2026-05-31
    days on market $689,900 Active 19 DOM
15. 2026-05-30
    days on market $689,900 Active 18 DOM
16. 2026-05-13
    listed $689,900 Active 3017-char remark

    Show marketing remark (3017 chars)

    WALLKILL SCHOOLS - Welcome to 3 Jill Marie Circle, an exceptional Hudson Valley residence offering over 3,700 square feet of beautifully maintained living space with 4 bedrooms and 3 full bathrooms on 1.6 pristine acres in a desirable subdivision within Ulster County. Lovingly cared for by its original owner, this impressive property showcases quality craftsmanship, thoughtful upgrades, and indoor/outdoor living spaces rarely found in newer construction homes. A meticulously landscaped exterior, charming cedar front porch, and exceptional curb appeal create a warm and inviting first impression. Inside, a two-story foyer is flanked by a formal living room and dining room offering a functional layout. The heart of the home is the open-concept family room featuring a cozy woodburning fireplace, seamlessly flowing into the spacious eat-in kitchen complete with quartz countertops, oak cabinetry, pantry storage, and a breakfast peninsula -- ideal for both everyday living and entertaining. The main level also features a first-floor bedroom and full bathroom, offering flexible space for guests, extended family, a home office, or playroom. Upstairs, the expansive primary suite offers tray ceilings and a fantastic ensuite bathroom with vaulted ceiling, featuring a Jacuzzi tub, separate shower, dual vanity, water closet, and a spacious walk-in closet with custom built-ins. Two additional bedrooms, a large additional room with a closet, full bathroom, second-floor laundry room, and linen closet complete the upper level. The finished lower level provides approximately 900 additional square feet of versatile living space, perfect for a media room, gym, recreation area, playroom, or home office. Outdoor living is equally impressive with a stunning Rosetta stone patio, custom-built firepit, and built-in bench seating overlooking the beautifully maintained grounds and open backyard. Gardening enthusiasts will appreciate the established garden featuring kale, tomatoes, cucumbers, beets, basil, parsley, and additional space to expand. Additional highlights include an attached two-car garage with a Tesla charging station, whole-house Aquasana water filtration system (2020), central air, Nest thermostat, plantation shutters throughout the main level, newer boiler and hot water heater (2024), and solar panels to help offset electricity bills. Ideally located in the heart of the Hudson Valley, this home is convenient to major commuter routes, approximately 75 minutes to NYC, Stewart International Airport, and Metro-North Train service. Whether you enjoy your morning coffee on the front porch or a glass of wine on the back patio, this property delivers the serenity of country living with the convenience of being situated close to schools, shops and parks. Enjoy nearby wineries including Magnanini Winery just down the country road, breweries, the famous Angry Orchard Cider House, local farm stands, Mohonk Mountain, and Minnewaska State Park offering the very best of Hudson Valley living.

17. 2026-05-13
    listed $689,900 Active 3025-char remark

    Show marketing remark (3017 chars)

    WALLKILL SCHOOLS - Welcome to 3 Jill Marie Circle, an exceptional Hudson Valley residence offering over 3,700 square feet of beautifully maintained living space with 4 bedrooms and 3 full bathrooms on 1.6 pristine acres in a desirable subdivision within Ulster County. Lovingly cared for by its original owner, this impressive property showcases quality craftsmanship, thoughtful upgrades, and indoor/outdoor living spaces rarely found in newer construction homes. A meticulously landscaped exterior, charming cedar front porch, and exceptional curb appeal create a warm and inviting first impression. Inside, a two-story foyer is flanked by a formal living room and dining room offering a functional layout. The heart of the home is the open-concept family room featuring a cozy woodburning fireplace, seamlessly flowing into the spacious eat-in kitchen complete with quartz countertops, oak cabinetry, pantry storage, and a breakfast peninsula -- ideal for both everyday living and entertaining. The main level also features a first-floor bedroom and full bathroom, offering flexible space for guests, extended family, a home office, or playroom. Upstairs, the expansive primary suite offers tray ceilings and a fantastic ensuite bathroom with vaulted ceiling, featuring a Jacuzzi tub, separate shower, dual vanity, water closet, and a spacious walk-in closet with custom built-ins. Two additional bedrooms, a large additional room with a closet, full bathroom, second-floor laundry room, and linen closet complete the upper level. The finished lower level provides approximately 900 additional square feet of versatile living space, perfect for a media room, gym, recreation area, playroom, or home office. Outdoor living is equally impressive with a stunning Rosetta stone patio, custom-built firepit, and built-in bench seating overlooking the beautifully maintained grounds and open backyard. Gardening enthusiasts will appreciate the established garden featuring kale, tomatoes, cucumbers, beets, basil, parsley, and additional space to expand. Additional highlights include an attached two-car garage with a Tesla charging station, whole-house Aquasana water filtration system (2020), central air, Nest thermostat, plantation shutters throughout the main level, newer boiler and hot water heater (2024), and solar panels to help offset electricity bills. Ideally located in the heart of the Hudson Valley, this home is convenient to major commuter routes, approximately 75 minutes to NYC, Stewart International Airport, and Metro-North Train service. Whether you enjoy your morning coffee on the front porch or a glass of wine on the back patio, this property delivers the serenity of country living with the convenience of being situated close to schools, shops and parks. Enjoy nearby wineries including Magnanini Winery just down the country road, breweries, the famous Angry Orchard Cider House, local farm stands, Mohonk Mountain, and Minnewaska State Park offering the very best of Hudson Valley living.

18. 2026-05-08
    historical $689,900 3025-char remark

ⓘ 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: $13,547 · $1,129/mo
• Projected year-2 tax: $13,547 · $1,129/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 3/10 Moderate
• 🌡 Heat 4/10 Moderate 7 d/yr ≥96°F today · 15 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 10% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $34,800
• − Mortgage interest: −$38,645
• − Property taxes: −$13,547
• − Insurance: −$3,450
• − Repairs & maintenance: −$2,784
• − Management: −$2,784
• − Depreciation: −$20,070
• Taxable loss: −$46,480
• Est. tax savings @ 24.0%: +$11,155
• After-tax cash flow: $-21,765/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: Wallkill Central School District
• NCES district ID: 3629790
• Math proficiency: 54% ▼ -7.00%
• Reading proficiency: 56% ▲ 2.00%
• Median HH income: $72,323
• Composite: 49.06/100
• National rank: #2057
• State rank: #279 of 590 in NY

Livability — Wallkill

• Score: 66/100
• State rank: #630
• US rank: #11565

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 19,639

Population outlook (Ulster County) Hauer SSP2

• Today (2025): 175,887 people
• By 2030: 171,876 · -2.3%
• By 2040: 161,771 · -8.0%
• By 2050: 151,470 · -13.9%
• By 2075: 133,023 · -24.4%
• By 2100: 113,504 · -35.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.55)
• Race & ethnicity: White 63% Hispanic / Latino 20% Two or more races 13% Black 9%
• Hispanic origin (detail): Mexican 4% Puerto Rican 8% Dominican 1%
• Common ancestry: Romanian 3% Lithuanian 1% Slovak 1%
• Foreign-born: 8% · Canada
• Languages at home: 81% English-only · Spanish 15% Other Indo-European 2%

Political lean MEDSL · Ulster

• 2024 margin: D (+18.7) · D 59.3% · R 40.7%
• 2008→2024 swing: -4.9pp toward R · 2008: 23.6pp · 2024: 18.7pp
• All cycles: 2024: D+18.7 2020: D+20.9 2016: D+9.1 2012: D+21.9 2008: D+23.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 15.97%
• Current HPI: 323.1502
• 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

+0.0% since first listed

6 events — show timeline

• 2026-06-17 Pending — HVCRMLS
• 2026-06-17 Pending — OneKey® MLS as Distributed by MLS Grid
• 2026-05-21 Contingent — HVCRMLS
• 2026-05-13 Listed $689,900 HVCRMLS
• 2026-05-13 Listed $689,900 OneKey® MLS as Distributed by MLS Grid
• 2026-05-08 Coming Soon $689,900 OneKey® MLS as Distributed by MLS Grid

Property tax history

+2.5%/yr

Latest (2025): $13,547 · +2.2% YoY. Source: county tax records.