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302 Delwood Dr
C- Composite 52.18
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

302 Delwood Dr · Village Green, NY 13027
4 bd · 1.5 ba · 1,464 sqft · SingleFamily public records · 12 Days on market
Built 1961 0.32 ac lot $150/sqft · 17% below area Est $264k · 17% under

🖨 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

BALDWINSVILLE SCHOOL DISTRICTBONUS LIVING ROOMSPACIOUS CORNER LOT YARDFRONT PORCHREAR DECK

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

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

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.
Recommended offer $219,900

Questions for the listing agent

  1. Built in 1961 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. 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.
  5. 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.
  6. 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

5-year hold
IRR
-14.4%
Equity multiple
0.49×
Total profit
$-31,659
Equity at exit
$32,788
10-year hold
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
NYC rent stabilization (~1M units); 2019 HSTPA strengthened tenant rights; courts deeply backlogged.

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

Break-even rent $2,183
Max offer price $219,900
Occupancy floor 92%

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

AddressBedsBaths SqftRent$/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

  1. 2026-05-14
    listed $219,900 Active 713-char remark
  2. 2021-09-14
    soldstatus $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.

  3. 2021-07-15
    status 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.

  4. 2021-07-06
    historical 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.

  5. 2021-06-28
    price $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.

  6. 2021-06-23
    listed $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.

  7. 2018-01-31
    soldstatus $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.

  8. 2018-01-31
    soldstatus $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.

  9. 2017-12-26
    status 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.

  10. 2017-11-11
    historical 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.

  11. 2017-11-04
    listed $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.

  12. 2017-09-25
    soldstatus $60,500 Closed Sale or Rented
  13. 2017-09-25
    soldstatus $60,500
  14. 2017-08-15
    status Pending Sale
  15. 2017-08-11
    historical Continue to Show- Under Contract
  16. 2017-08-07
    price $69,900
  17. 2017-07-21
    price $79,900
  18. 2017-07-10
    listed $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
combined federal + state — saved on this device
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

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

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
30.9% rent · 69.1% 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

Price history

+152.8% since first listed
20 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%/yr

Latest (2025): $5,759 · +1.6% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…