141 Wyckoff Pl Unit 1F · Woodmere, NY 11598

$170,000

1 bd · 1.0 ba · 680 sqft · Condo · 228 Days on market

Built 1930 $250/sqft · 25% below area Est $228k · 25% under

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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).

• ARV discount +15.0/15.0
• Cash flow +11.3/30.0
• 1% rule +8.6/10.0
• Schools +7.0/10.0
• Livability +4.1/5.0
• DSCR +3.3/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Looking For A Stunning Apartment In Woodmere? Look No Further .. This Spacious One Bedroom Co-Op Will Check All Your Boxes! It Features Foyer, Living Room, Large Filled With Natural Light Bedroom, Eat In Kitchen & Full Bath. There Is Plenty Of Closet Space & Beautiful Flooring Through Out. Located In A Well Maintained Pet Friendly Elevator Building With Laundry Facility. Great Woodmere Location.

Key facts

• Foyer
• Living room
• Eat in kitchen

Tags

• FOYER
• LIVING ROOM
• EAT IN KITCHEN
• FULL BATH
• PLENTY OF CLOSET SPACE
• LAUNDRY FACILITY

🏷️ Possibly a rental listed for sale. The $170,000 price doesn't fit this home's estimated sale value (~$227,946) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $170k.

Deal economics

• At list price, monthly cash flow is $-61 ($-732/yr) — negative.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $170k).
• Recommended offer: $150k (12.0% below list) — sets the bar for market timing.
• Cap rate 5.9% vs local median 2.4% in Woodmere — 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 82/100 on livability (#76 in NY, #1,189 nationally) — a professional / high-income tenant draw. Strengths: schools A+, crime A+, commute A+; Watch: cost of living F.
• Hewlett-Woodmere Union Free School District (suburban): math 72% / reading 79% proficiency, ranked #59 of 590 in NY (top 10%) — strong family-tenant draw, lease renewals of 3-5y typical; only 12% free/reduced lunch — higher-income household profile.
• Market conditions: 87 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; 824 units permitted in Nassau County in 2024 (153 in 5+ unit buildings).

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.
• Nassau County population projected at +7% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 228 days — a 12% lower offer ($150k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 14y ago; this cycle's ask has dropped $65k (28%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $115k; 48% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: HOA is 31% of rent; built in 1930 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 70% chance of damaging wind over 30y; extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $149,600 (12.0% 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 228 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
3. Built in 1930 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
8. Schools are A-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?
9. 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.
10. 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.
11. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.36% ✓
• Cap rate: 5.86%
• Cash-on-cash: -1.54%
• DSCR: 0.93
• GRM: 6.1

CMA / ARV

• ARV (median comp): $227,946
• List price: $170,000
• Delta: -25.42%
• Verdict: UNDERPRICED
• Comps: 11 within 1.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: -18.5%
• Equity multiple: 0.35×
• Total profit: $-30,958
• Equity at exit: $25,348

10-year hold

• IRR: -10.2%
• Equity multiple: 0.37×
• Total profit: $-30,028
• Equity at exit: $14,698

Cash invested: $47,600 (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 11598

• Active inventory: 87
• Price-to-rent: 6.1×

Monthly cashflow live

• Estimated rent: $2,319 medium
• Mortgage (P&I): −$891
• Tax est. 1.5%: −$212 /mo · $2,550/yr
• Insurance: −$71
• HOA est. from 3 same-building comps: −$718
• Vacancy / Maint / Mgmt: −$487
• Net cashflow: $-61

Break-even live

Break-even rent $2,396

Max offer price $161,169

Occupancy floor 98%

Sensitivity live

Price	-10% $56	-5% $-2	+0% $-61	+5% $-120	+10% $-179
Rent	-10% $-244	-5% $-153	+0% $-61	+5% $31	+10% $122
Rate	-1.0pp $25	-0.5pp $-18	base $-61	+0.5pp $-105	+1.0pp $-150

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: $42,500
• Closing costs: $5,100
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
601 Chestnut St Unit A-21 Cedarhurst, NY	1.0	1.0	700	$2,850	$4.07	45d	1	0.65mi
183 Lefferts Rd Unit 2 Woodmere, NY	—	1.0	450	$1,900	$4.22	45d	1	0.79mi
183 Lefferts Rd Woodmere, NY	—	1.0	450	$1,800	$4.00	45d	1	0.79mi

HOA detail condo

• Monthly dues: $0 · $0/yr
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 22 events

1. 2026-06-21
   days on market $170,000 Active 228 DOM
2. 2026-06-18
   days on market $170,000 Active 225 DOM
3. 2026-06-17
   days on market $170,000 Active 224 DOM
4. 2026-06-16
   days on market $170,000 Active 223 DOM
5. 2026-06-15
   days on market $170,000 Active 222 DOM
6. 2026-06-13
   days on market $170,000 Active 220 DOM
7. 2026-06-13
   days on market $170,000 Active 219 DOM
8. 2026-06-09
   days on market $170,000 Active 216 DOM
9. 2026-06-08
   days on market $170,000 Active 215 DOM
10. 2026-06-07
    days on market $170,000 Active 214 DOM
11. 2026-06-04
    days on market $170,000 Active 211 DOM
12. 2026-06-03
    days on market $170,000 Active 210 DOM
13. 2026-06-02
    days on market $170,000 Active 209 DOM
14. 2026-06-01
    days on market $170,000 Active 208 DOM
15. 2026-05-31
    days on market $170,000 Active 207 DOM
16. 2026-04-16
    status Active 408-char remark

    Show marketing remark (408 chars)

    Looking For A Stunning Apartment In Woodmere? Look No Further .. This Spacious One Bedroom Co-Op Will Check All Your Boxes! It Features Foyer, Living Room, Large Filled With Natural Light Bedroom, Eat In Kitchen & Full Bath. There Is Plenty Of Closet Space & Beautiful Flooring Through Out. Located In A Well Maintained Pet Friendly Elevator Building With Laundry Facility. Great Woodmere Location.

17. 2026-04-16
    price $190,000 408-char remark

    Show marketing remark (408 chars)

    Looking For A Stunning Apartment In Woodmere? Look No Further .. This Spacious One Bedroom Co-Op Will Check All Your Boxes! It Features Foyer, Living Room, Large Filled With Natural Light Bedroom, Eat In Kitchen & Full Bath. There Is Plenty Of Closet Space & Beautiful Flooring Through Out. Located In A Well Maintained Pet Friendly Elevator Building With Laundry Facility. Great Woodmere Location.

18. 2025-12-01
    status Pending 408-char remark

    Show marketing remark (408 chars)

    Looking For A Stunning Apartment In Woodmere? Look No Further .. This Spacious One Bedroom Co-Op Will Check All Your Boxes! It Features Foyer, Living Room, Large Filled With Natural Light Bedroom, Eat In Kitchen & Full Bath. There Is Plenty Of Closet Space & Beautiful Flooring Through Out. Located In A Well Maintained Pet Friendly Elevator Building With Laundry Facility. Great Woodmere Location.

19. 2025-08-12
    price $229,999 408-char remark

    Show marketing remark (408 chars)

    Looking For A Stunning Apartment In Woodmere? Look No Further .. This Spacious One Bedroom Co-Op Will Check All Your Boxes! It Features Foyer, Living Room, Large Filled With Natural Light Bedroom, Eat In Kitchen & Full Bath. There Is Plenty Of Closet Space & Beautiful Flooring Through Out. Located In A Well Maintained Pet Friendly Elevator Building With Laundry Facility. Great Woodmere Location.

20. 2025-06-21
    listed $235,000 Active 408-char remark

    Show marketing remark (408 chars)

    Looking For A Stunning Apartment In Woodmere? Look No Further .. This Spacious One Bedroom Co-Op Will Check All Your Boxes! It Features Foyer, Living Room, Large Filled With Natural Light Bedroom, Eat In Kitchen & Full Bath. There Is Plenty Of Closet Space & Beautiful Flooring Through Out. Located In A Well Maintained Pet Friendly Elevator Building With Laundry Facility. Great Woodmere Location.

21. 2013-01-09
    soldstatus $115,000 211-char remark

    Show marketing remark (211 chars)

    Imaculate Specious Large Br, Eik, Lr. High Ceiling. Lots Of Closets Plus Large Walk In Closet. Move Right In. Small Pets O.K Maint $889.78 Before Star Reduction., Additional information: Interior Features:Lr/Dr

22. 2012-02-02
    listed $125,000 211-char remark

    Show marketing remark (211 chars)

    Imaculate Specious Large Br, Eik, Lr. High Ceiling. Lots Of Closets Plus Large Walk In Closet. Move Right In. Small Pets O.K Maint $889.78 Before Star Reduction., Additional information: Interior Features:Lr/Dr

ⓘ 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 (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 6/10 Major 7 d/yr ≥95°F today · 16 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 70% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $27,825
• − Mortgage interest: −$9,523
• − Property taxes: −$2,550
• − Insurance: −$850
• − Repairs & maintenance: −$2,226
• − Management: −$2,226
• − HOA: −$8,616
• − Depreciation: −$4,945
• Taxable loss: −$3,111
• Est. tax savings @ 24.0%: +$747
• After-tax cash flow: $14/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: Hewlett-Woodmere Union Free School District
• NCES district ID: 3631710
• Math proficiency: 72% ▼ -7.00%
• Reading proficiency: 79% ▼ -3.00%
• Median HH income: $112,656
• Composite: 69.89/100
• National rank: #287
• State rank: #59 of 590 in NY

Livability — Woodmere

• Score: 82/100
• State rank: #76
• US rank: #1189

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Woodmere, NY
• City population: 14,316
• Population (ZIP): 14,316

Population outlook (Nassau County) Hauer SSP2

• Today (2025): 1,409,302 people
• By 2030: 1,431,482 · +1.6%
• By 2040: 1,471,607 · +4.4%
• By 2050: 1,502,845 · +6.6%
• By 2075: 1,575,403 · +11.8%
• By 2100: 1,554,356 · +10.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (82%)
• Race & ethnicity: White 82% Hispanic / Latino 8% Two or more races 7% Black 4% Asian 1%
• Common ancestry: Romanian 9% Scotch-Irish 8% Italian 4%
• Foreign-born: 12% · Canada, South Korea, Dominican Republic
• Languages at home: 83% English-only · Spanish 6% Russian/Polish/Slavic 3% Other Indo-European 1%

Political lean MEDSL · Nassau

• 2024 margin: Toss-up / Even · D 47.9% · R 52.1%
• 2008→2024 swing: -12.6pp toward R · 2008: 8.4pp · 2024: -4.2pp
• All cycles: 2024: R+4.2 2020: D+9.5 2016: D+5.3 2012: D+6.7 2008: D+8.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -932.58%
• Current HPI: 335.8833
• 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

+52.0% since first listed

7 events — show timeline

• 2026-04-16 Relisted — OneKey® MLS as Distributed by MLS Grid
• 2026-04-16 Price Changed $190,000 OneKey® MLS as Distributed by MLS Grid
• 2025-12-01 Pending — OneKey® MLS as Distributed by MLS Grid
• 2025-08-12 Price Changed $229,999 OneKey® MLS as Distributed by MLS Grid
• 2025-06-21 Listed $235,000 OneKey® MLS as Distributed by MLS Grid
• 2013-01-09 Sold (MLS) $115,000 OneKey® MLS as Distributed by MLS Grid
• 2012-02-02 Listed $125,000 OneKey® MLS as Distributed by MLS Grid