302 Delwood Dr · Village Green, NY
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $691 – $1,283
Heat risk 3/10 · Minor
- Hot days now (above 95°F)
- 7 days/yr
- Hot days in 30 yrs
- 16 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- 0.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 0 days/yr
- Unhealthy air days in 30 yrs
- 1 days/yr
Risk factors via First Street. Map © Google.
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).
- ARV discount +15.0/15.0
- Cash flow +14.8/30.0
- 1% rule +5.3/10.0
- DSCR +4.5/10.0
- Schools +4.4/10.0
- Livability +3.2/5.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$219,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Cozy raised ranch on a corner lot in Village Green, featuring 4 bedrooms and 1.5 baths. Recently remodeled in 2017. Stainless steel appliances throughout the kitchen and new washer and dryer in laundry room, all purchased in 2017-included in sale. Laminate flooring in kitchen and living room, wall to wall carpeting in bedrooms. WiFi thermostat. New Sewer line in 2017 as well. Close to schools, parks and a public golf course.
Key facts
- Front porch
- Bonus living room
- Rear deck
Tags
Property features AI
Exterior
- Parking: Attached underground garage with electricity; 1 garage space
- Utilities: Electricity connected with circuit breakers; Public water connected; Sewer connected; High-speed internet available
- Home design: Single-story home; Resale property; Shingle roof
- Construction: Aluminum siding; Copper plumbing; Block foundation; Existing (previously built)
- Exterior features: Blacktop driveway; Deck; Open porch; Yard shed / storage
Interior
- Kitchen: Gas oven; Gas range; Microwave; Dishwasher; Refrigerator
- Bedrooms: Total of 9 rooms including bonus room (bedroom count not specified)
- Flooring: Carpet; Laminate; Vinyl; Varies
- Bathrooms: 1 full bathroom; 1 half bathroom; Main level bathroom available
- Heating & cooling: Gas forced-air heating
- Interior features: Kitchen island; Open kitchen-family room layout
- Laundry & utility: Washer and dryer; Main-level laundry
Neighborhood map
What this means for you Summary
Snapshot
- This is a 4-bed/1.5-bath single-family listed at $220k.
Deal economics
- At list price, monthly cash flow is $60 ($719/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $220k).
- Cap rate 6.6% vs local median 5.3% in Village Green — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.
Location & tenants
- Location reads 64/100 on livability (#720 in NY) — a middle-class / working-renter tenant base. Strengths: housing A+, cost of living A, crime B; Watch: employment C-, amenities F, commute F.
- Baldwinsville Central School District (suburban): math 47% / reading 53% proficiency, ranked #355 of 590 in NY (top 60%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 18% free/reduced lunch — higher-income household profile.
- Market conditions: 222 active listings in the ZIP; 2 comparable units currently listed for rent nearby; solid renter incomes; 616 units permitted in Onondaga County in 2024 (256 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 $7k of value loss. Plan a longer hold.
- Onondaga County population projected to shrink 9% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
Negotiation context
- Only 12 days on market — expect competitive offers; lowballing is unlikely to land.
- 4 sale attempts since 9y 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.
- Current owner paid $157k; 40% above their basis — modest negotiation headroom, anchor on the comps not their cost.
Risks & watch-outs
- Watch-outs: property tax is 2.6% of price.
Questions for the listing agent
- Built in 1961 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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.
- 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.
- 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
- 1.03% ✓
- Cap rate
- 6.62%
- Cash-on-cash
- 1.17%
- DSCR
- 1.05
- GRM
- 8.1
CMA / ARV
- ARV (median comp)
- $263,736
- List price
- $219,900
- Delta
- -16.62%
- 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 |
|---|---|---|---|---|---|---|---|
| 117 Daywood Dr | 0.09mi | 3/1.5 (-1) | 1,500 (+2%) | 1mo | $280,000 | $187 | 86 |
| 117 Finwood Dr | 0.16mi | 4/1.5 | 1,406 (-4%) | 4mo | $260,500 | $185 | 83 |
| 106 Cheerwood Dr | 0.20mi | 3/1.5 (-1) | 1,472 (+0%) | 4mo | $282,500 | $192 | 81 |
| 101 Timwood Dr | 0.09mi | 4/1.0 | 1,572 (+7%) | 1mo | $207,000 | $132 | 81 |
| 420 Idlewood Blvd | 0.18mi | 3/1.5 (-1) | 1,497 (+2%) | 19mo | $235,000 | $157 | 67 |
| 102 Cedarwood Blvd | 0.23mi | 3/1.5 (-1) | 1,560 (+7%) | 8mo | $227,000 | $146 | 66 |
| 740 Village Blvd S | 0.33mi | 3/1.5 (-1) | 1,356 (-7%) | 1mo | $225,000 | $166 | 66 |
| 119 Cedarwood Blvd | 0.20mi | 4/1.5 | 1,579 (+8%) | 14mo | $265,000 | $168 | 66 |
| 438 Birchwood Blvd | 0.26mi | 3/2.0 (-1) | 1,520 (+4%) | 16mo | $270,000 | $178 | 61 |
| 7670 Maple Rd | 0.72mi | 4/2.0 | 1,682 (+15%) | 4mo | $285,000 | $169 | 36 |
| 7652 Maple Rd | 0.65mi | 3/1.0 (-1) | 1,634 (+12%) | 12mo | $239,000 | $146 | 33 |
| 825 Fairway Cir | 0.48mi | 3/2.5 (-1) | 1,659 (+13%) | 17mo | $237,500 | $143 | 33 |
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
- IRR
- -14.4%
- Equity multiple
- 0.49×
- Total profit
- $-31,659
- Equity at exit
- $32,788
- IRR
- -5.5%
- Equity multiple
- 0.64×
- Total profit
- $-22,007
- Equity at exit
- $19,013
Cash invested: $61,572 (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
ZIP-level market 13027
- Active inventory
- 222
- Price-to-rent
- 8.1×
Monthly cashflow live
- Estimated rent
- $2,259 medium interval (Pro) →
- Mortgage (P&I)
- −$1,153
- Tax from tax record
- −$480 /mo · $5,759/yr
- Insurance
- −$92
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$474
- Net cashflow
- $60
Break-even live
Sensitivity live
| Price | -10% $184 | -5% $122 | +0% $60 | +5% $-2 | +10% $-65 |
|---|---|---|---|---|---|
| Rent | -10% $-119 | -5% $-29 | +0% $60 | +5% $149 | +10% $238 |
| Rate | -1.0pp $171 | -0.5pp $116 | base $60 | +0.5pp $3 | +1.0pp $-55 |
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
- $54,975
- Closing costs
- $6,597
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 2 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 555 Village Blvd N Baldwinsville, NY | 3.0 | 1.5 | 1043 | $1,900 | $1.82 | 15d | 1 | 0.28mi |
| 10 Cedarwood Blvd Baldwinsville, NY | 3.0 | 1.0–2.0 | 725 | $1,695 | $2.34 | 14d | 1 | 0.39mi |
Listing history 18 events
-
2026-05-14$219,900 Active 713-char remark
-
2021-09-14soldstatus $157,000 Closed Sale or Rented 428-char remark
Show marketing remark (428 chars)
Cozy raised ranch on a corner lot in Village Green, featuring 4 bedrooms and 1.5 baths. Recently remodeled in 2017. Stainless steel appliances throughout the kitchen and new washer and dryer in laundry room, all purchased in 2017-included in sale. Laminate flooring in kitchen and living room, wall to wall carpeting in bedrooms. WiFi thermostat. New Sewer line in 2017 as well. Close to schools, parks and a public golf course.
-
2021-07-15status Pending Sale 428-char remark
Show marketing remark (428 chars)
Cozy raised ranch on a corner lot in Village Green, featuring 4 bedrooms and 1.5 baths. Recently remodeled in 2017. Stainless steel appliances throughout the kitchen and new washer and dryer in laundry room, all purchased in 2017-included in sale. Laminate flooring in kitchen and living room, wall to wall carpeting in bedrooms. WiFi thermostat. New Sewer line in 2017 as well. Close to schools, parks and a public golf course.
-
2021-07-06historical Continue to Show- Under Contract 428-char remark
Show marketing remark (428 chars)
Cozy raised ranch on a corner lot in Village Green, featuring 4 bedrooms and 1.5 baths. Recently remodeled in 2017. Stainless steel appliances throughout the kitchen and new washer and dryer in laundry room, all purchased in 2017-included in sale. Laminate flooring in kitchen and living room, wall to wall carpeting in bedrooms. WiFi thermostat. New Sewer line in 2017 as well. Close to schools, parks and a public golf course.
-
2021-06-28price $158,000 428-char remark
Show marketing remark (428 chars)
Cozy raised ranch on a corner lot in Village Green, featuring 4 bedrooms and 1.5 baths. Recently remodeled in 2017. Stainless steel appliances throughout the kitchen and new washer and dryer in laundry room, all purchased in 2017-included in sale. Laminate flooring in kitchen and living room, wall to wall carpeting in bedrooms. WiFi thermostat. New Sewer line in 2017 as well. Close to schools, parks and a public golf course.
-
2021-06-23$169,900 Active 428-char remark
Show marketing remark (428 chars)
Cozy raised ranch on a corner lot in Village Green, featuring 4 bedrooms and 1.5 baths. Recently remodeled in 2017. Stainless steel appliances throughout the kitchen and new washer and dryer in laundry room, all purchased in 2017-included in sale. Laminate flooring in kitchen and living room, wall to wall carpeting in bedrooms. WiFi thermostat. New Sewer line in 2017 as well. Close to schools, parks and a public golf course.
-
2018-01-31soldstatus $136,000 Closed Sale or Rented
Show marketing remark (463 chars)
Extensively remodeled home in Village Green. You will love the wide open floor plan with new kitchen, perfect for spending time with family and friends, plus a separate bonus living area. Enjoy the outdoors with a three season porch and large uncovered deck. New flooring, bathrooms and three car driveway highlight the many improvements done to this property. Two large sheds provide for substantial extra storage. A great value in Baldwinsville. Agent is owner.
-
2018-01-31soldstatus $136,000
Show marketing remark (463 chars)
Extensively remodeled home in Village Green. You will love the wide open floor plan with new kitchen, perfect for spending time with family and friends, plus a separate bonus living area. Enjoy the outdoors with a three season porch and large uncovered deck. New flooring, bathrooms and three car driveway highlight the many improvements done to this property. Two large sheds provide for substantial extra storage. A great value in Baldwinsville. Agent is owner.
-
2017-12-26status Pending Sale
Show marketing remark (463 chars)
Extensively remodeled home in Village Green. You will love the wide open floor plan with new kitchen, perfect for spending time with family and friends, plus a separate bonus living area. Enjoy the outdoors with a three season porch and large uncovered deck. New flooring, bathrooms and three car driveway highlight the many improvements done to this property. Two large sheds provide for substantial extra storage. A great value in Baldwinsville. Agent is owner.
-
2017-11-11historical Continue to Show- Under Contract
Show marketing remark (463 chars)
Extensively remodeled home in Village Green. You will love the wide open floor plan with new kitchen, perfect for spending time with family and friends, plus a separate bonus living area. Enjoy the outdoors with a three season porch and large uncovered deck. New flooring, bathrooms and three car driveway highlight the many improvements done to this property. Two large sheds provide for substantial extra storage. A great value in Baldwinsville. Agent is owner.
-
2017-11-04$134,900 Active
Show marketing remark (463 chars)
Extensively remodeled home in Village Green. You will love the wide open floor plan with new kitchen, perfect for spending time with family and friends, plus a separate bonus living area. Enjoy the outdoors with a three season porch and large uncovered deck. New flooring, bathrooms and three car driveway highlight the many improvements done to this property. Two large sheds provide for substantial extra storage. A great value in Baldwinsville. Agent is owner.
-
2017-09-25soldstatus $60,500 Closed Sale or Rented
-
2017-09-25soldstatus $60,500
-
2017-08-15status Pending Sale
-
2017-08-11historical Continue to Show- Under Contract
-
2017-08-07price $69,900
-
2017-07-21price $79,900
-
2017-07-10$87,000 Active
ⓘ 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
- $5,759 · $480/mo
- Projected year-2 tax
- $5,759 · $480/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 3/10 Moderate 7 d/yr ≥95°F today · 16 d/yr by 30 yrs out
- Wind 1/10 Low 0% chance of damaging wind over 30 yrs
- Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $27,107
- − Mortgage interest
- −$12,318
- − Property taxes
- −$5,759
- − Insurance
- −$1,100
- − Repairs & maintenance
- −$2,169
- − Management
- −$2,169
- − Depreciation
- −$6,397
- Taxable loss
- −$2,803
- Est. tax savings @ 24.0%
- +$673
- After-tax cash flow
- $1,391/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
- Baldwinsville Central School District
- NCES district ID
- 3603870
- Math proficiency
- 47% ▼ -11.00%
- Reading proficiency
- 53% ▲ 2.00%
- Median HH income
- $65,182
- Composite
- 44.22/100
- National rank
- #2848
- State rank
- #355 of 590 in NY
Livability — Village Green
- Score
- 64/100
- State rank
- #720
- US rank
- #13628
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Village Green, NY
- County
- Onondaga County · 247,257 people
- Metro
- Syracuse, NY
- Population (ZIP)
- 35,088
- Household income
- $91,797
- Rent vs Own
- Severe rent burden
- 1057.0
Population outlook (Onondaga County) Hauer SSP2
- Today (2025)
- 467,894 people
- By 2030
- 463,381 · -1.0%
- By 2040
- 447,697 · -4.3%
- By 2050
- 426,399 · -8.9%
- By 2075
- 373,661 · -20.1%
- By 2100
- 307,967 · -34.2%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (89%)
- Race & ethnicity
- White 89% Two or more races 6% Hispanic / Latino 4% Black 2% Asian 1%
- Common ancestry
- Romanian 6% Lithuanian 5% Subsaharan African 2%
- Foreign-born
- 3% · Canada
- Languages at home
- 96% English-only · Other Indo-European 1% Russian/Polish/Slavic 1% Spanish 1%
Political lean MEDSL · Onondaga
- 2024 margin
- D (+17.3) · D 58.6% · R 41.4%
- 2008→2024 swing
- -3.0pp toward R · 2008: 20.3pp · 2024: 17.3pp
- All cycles
- 2024: D+17.3 2020: D+20.6 2016: D+12.8 2012: D+21.1 2008: D+20.3
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -204.01%
- Current HPI
- 321.8247
- Rent YoY
- —
- Metro
- Syracuse, NY
- 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 |
|
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Price history
+152.8% since first listed20 events — show timeline
- 2026-05-26 Pending — CNYIS
- 2026-05-23 Contingent — CNYIS
- 2026-05-14 Listed $219,900 CNYIS
- 2021-09-14 Sold (MLS) $157,000 CNYIS
- 2021-07-15 Pending — CNYIS
- 2021-07-06 Contingent — CNYIS
- 2021-06-28 Price Changed $158,000 CNYIS
- 2021-06-23 Listed $169,900 CNYIS
- 2018-01-31 Sold (Public Records) $136,000 Public Records
- 2018-01-31 Sold (MLS) $136,000 CNYIS
- 2017-12-26 Pending — CNYIS
- 2017-11-11 Contingent — CNYIS
- 2017-11-04 Listed $134,900 CNYIS
- 2017-09-25 Sold (Public Records) $60,500 Public Records
- 2017-09-25 Sold (MLS) $60,500 CNYIS
- 2017-08-15 Pending — CNYIS
- 2017-08-11 Contingent — CNYIS
- 2017-08-07 Price Changed $69,900 CNYIS
- 2017-07-21 Price Changed $79,900 CNYIS
- 2017-07-10 Listed $87,000 CNYIS
Property tax history
+4.3%/yrLatest (2025): $5,759 · +1.6% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…