524 Harvest Dr · Greece, NY 14626

$179,900

3 bd · 2.0 ba · 1,470 sqft · SingleFamily public records · 5 Days on market

Built 1954 0.35 ac lot $122/sqft · 31% below area Est $262k · 31% under ↓ 10% since listing

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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).

• Cash flow +20.7/30.0
• ARV discount +15.0/15.0
• 1% rule +7.6/10.0
• DSCR +6.6/10.0
• Livability +4.0/5.0
• Schools +3.2/10.0
• Rent growth +3.1/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

524 Harvest Drive offers the space and flexibility with 4 bedrooms and 2 full bathrooms. Enjoy gleaming hardwood floors, a newly updated kitchen, and new windows that bring in great natural light. The bright living room features a beautiful accent wall that complements the electric fireplace. A sliding glass door opens to a great-size yard, and the finished basement provides additional space for entertainment. A great opportunity to own a true 4-bedroom, 2-bath home schedule your private showing today! Negotiations begin 5/12/26 at 11 am.

Key facts

• 0.35 acre lot
• Garage
• Built 1954

Property features AI

Exterior

• Parking: Attached garage with 1 garage space
• Utilities: Public water connected; Sewer connected
• Home design: Single-story existing home
• Construction: Vinyl siding; Block foundation
• Exterior features: Blacktop driveway; City street frontage; Irregular residential lot (72 x 208)

Interior

• Kitchen: Dishwasher; Gas oven; Gas range; Microwave; Refrigerator
• Bedrooms: 2 main-level bedrooms
• Flooring: Carpet; Hardwood; Laminate; Varied flooring
• Bathrooms: 2 full bathrooms (1 on the main level)
• Heating & cooling: Gas forced-air heating
• Interior features: Eat-in kitchen; Separate/formal living room; Sliding glass doors; Sliding doors
• Laundry & utility: Gas water heater

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $180k.

Deal economics

• At list price, monthly cash flow is $243 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $180k).
• Cap rate 7.9% vs local median 3.7% in Greece — 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 79/100 on livability (#145 in NY, #2,223 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, housing A+, health & safety A+; Watch: schools D-, crime D-.
• Greece Central School District (suburban): math 35% / reading 39% proficiency, ranked #544 of 590 in NY (top 92%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising (+2.5%/yr); 126 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals leasing fast (median 3d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 1,169 units permitted in Monroe County in 2024 (591 in 5+ unit buildings).
• This rent runs 35% of the median local income ($78k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Monroe County population projected to shrink 6% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• Only 5 days on market — expect competitive offers; lowballing is unlikely to land.
• 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.

Risks & watch-outs

• Watch-outs: property tax is 3.5% of price; built in 1954 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $179,900

Questions for the listing agent

1. Built in 1954 — 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. 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?
5. Crime grade is D 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?
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: 1.26% ✓
• Cap rate: 7.91%
• Cash-on-cash: 5.79%
• DSCR: 1.26
• GRM: 6.6

CMA / ARV

• ARV (median comp): $261,625
• List price: $179,900
• Delta: -31.24%
• 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
264 Harvest Dr	0.23mi	3/2.0	1,470 (0%)	1mo	$250,000	$170	88
76 Creekwood Dr	0.26mi	4/2.0 (+1)	1,474 (+0%)	8mo	$265,000	$180	76
1143 Long Pond Rd	0.31mi	3/2.0	1,606 (+9%)	1mo	$313,143	$195	69
71 Laurelhurst Rd	0.54mi	3/1.5	1,464 (-0%)	4mo	$240,000	$164	69
52 Laurelhurst Rd	0.55mi	3/2.0	1,444 (-2%)	4mo	$205,000	$142	68
41 Summer Ln	0.16mi	4/1.0 (+1)	1,334 (-9%)	4mo	$262,041	$196	65
212 Creekwood Dr	0.34mi	3/1.0	1,340 (-9%)	1mo	$344,444	$257	65
619 Harvest Dr	0.14mi	3/1.5	1,680 (+14%)	6mo	$240,000	$143	63
60 Cindy Ln	0.57mi	3/1.5	1,528 (+4%)	7mo	$225,000	$147	59
7 Darby Cir	0.72mi	3/1.5	1,636 (+11%)	6mo	$330,000	$202	41
159 Charit Way	0.60mi	3/1.5	1,688 (+15%)	8mo	$240,000	$142	39
460 Alfonso Dr	0.71mi	3/1.5	1,264 (-14%)	5mo	$220,000	$174	37

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 · 2.5% rent growth · sell at horizon

5-year hold

• IRR: -7.9%
• Equity multiple: 0.71×
• Total profit: $-14,591
• Equity at exit: $26,824

10-year hold

• IRR: 1.0%
• Equity multiple: 1.07×
• Total profit: $3,509
• Equity at exit: $15,554

Cash invested: $50,372 (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 14626

• Home prices YoY: -31.4%
• Rents YoY: 2.5%
• Active inventory: 126
• Price-to-rent: 6.6×

Monthly cashflow live

• Estimated rent: $2,267 medium
• Mortgage (P&I): −$943
• Tax from tax record: −$530 /mo · $6,355/yr
• Insurance: −$75
• HOA: −$0
• Vacancy / Maint / Mgmt: −$476
• Net cashflow: $243

Break-even live

Break-even rent $1,959

Max offer price $179,900

Occupancy floor 84%

Sensitivity live

Price	-10% $345	-5% $294	+0% $243	+5% $192	+10% $141
Rent	-10% $64	-5% $153	+0% $243	+5% $333	+10% $422
Rate	-1.0pp $334	-0.5pp $289	base $243	+0.5pp $196	+1.0pp $149

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: $44,975
• Closing costs: $5,397
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
254 W Craig Hill Dr Rochester, NY	3.0	1.0	1042	$2,600	$2.50	3d	1	1.21mi
598 Bram Hall Dr Rochester, NY	3.0	2.5	1740	$2,750	$1.58	3d	1	1.27mi
102 Goethals Dr Rochester, NY	2.0	2.0	1360	$2,400	$1.76	15d	1	1.29mi
176 Kingsberry Dr Greece, NY	1.0–2.0	1.0–1.5	757	$1,535	$2.03	3d	7	1.50mi

Listing history 4 events

1. 2026-05-12
   status Pending 544-char remark
2. 2026-05-07
   listed $179,900 Active 544-char remark
3. 2026-05-06
   historical
4. 2026-04-29
   listed $199,900 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: $6,355 · $530/mo
• Projected year-2 tax: $6,355 · $530/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 2/10 Low 7 d/yr ≥95°F today · 15 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $27,204
• − Mortgage interest: −$10,077
• − Property taxes: −$6,355
• − Insurance: −$900
• − Repairs & maintenance: −$2,176
• − Management: −$2,176
• − Depreciation: −$5,233
• Taxable income: $286
• Est. tax owed @ 24.0%: −$69
• After-tax cash flow: $2,847/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: Greece Central School District
• NCES district ID: 3612630
• Math proficiency: 35% ▼ -14.00%
• Reading proficiency: 39% ▼ -3.00%
• Median HH income: $52,718
• Composite: 32.26/100
• National rank: #5761
• State rank: #544 of 590 in NY

Livability — Greece

• Score: 79/100
• State rank: #145
• US rank: #2223

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Greece, NY
• County: Monroe County · 674,131 people
• City population: 29,210
• Metro: Rochester, NY
• Population (ZIP): 29,273
• Household income: $78,204
• Rent vs Own: 32.1% rent · 67.9% own
• Severe rent burden: 810.0

Population outlook (Monroe County) Hauer SSP2

• Today (2025): 759,460 people
• By 2030: 757,154 · -0.3%
• By 2040: 740,644 · -2.5%
• By 2050: 714,443 · -5.9%
• By 2075: 645,883 · -15.0%
• By 2100: 547,084 · -28.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (77%)
• Race & ethnicity: White 77% Black 9% Hispanic / Latino 8% Two or more races 6% Asian 3%
• Hispanic origin (detail): Mexican 1% Puerto Rican 5%
• Common ancestry: Romanian 5% Lithuanian 2% Subsaharan African 2%
• Foreign-born: 9% · Canada, Vietnam, South Korea
• Languages at home: 89% English-only · Other Indo-European 3% Spanish 3% Russian/Polish/Slavic 1%

Political lean MEDSL · Monroe

• 2024 margin: D (+19.1) · D 59.5% · R 40.5%
• 2008→2024 swing: +1.4pp toward D · 2008: 17.7pp · 2024: 19.1pp
• All cycles: 2024: D+19.1 2020: D+21.0 2016: D+14.1 2012: D+17.4 2008: D+17.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -113.91%
• Current HPI: 248.9836
• Rent YoY: ▲ 2.50%
• Metro: Rochester, 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

Price history

-10.0% since first listed

4 events — show timeline

• 2026-05-12 Pending — UNYREIS
• 2026-05-07 Listed $179,900 UNYREIS
• 2026-05-06 Listing Removed — UNYREIS
• 2026-04-29 Listed $199,900 UNYREIS

Property tax history

+7.0%/yr

Latest (2025): $6,355 · -34.2% YoY. Source: county tax records.