61 Van Dyck St · Coxsackie, NY 12051

$295,000

4 bd · 1.5 ba · 1,210 sqft · SingleFamily public records · 28 Days on market

Built 1938 0.33 ac lot $244/sqft · at area comps Est $287k · at est.

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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 +18.3/30.0
• Appreciation +10.0/10.0
• ARV discount +6.3/15.0
• DSCR +5.7/10.0
• 1% rule +4.7/10.0
• Schools +4.3/10.0
• Livability +3.7/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

LOVELY CAPE COD COTTAGE BUILT IN 1938. LOCATED 30 MINUTES FROM ALBANY NY, 2 MILES FROM HWY 87 IN THE BEAUTIFUL QUAINT VILLAGE OF COXSACKIE. 4 BEDROOM 1.5 BATH, SITUATED ON 0.33 LOT BACKYARD OPENS TO FORMER HORSE FARM. TWO BEDROOMS UPSTAIRS TWO BEDROOMS DOWNSTAIRS. APPROX SIZE 10X11/ LIVING ROOM WITH FIREPLACE BRAZILIAN SOAP STONE STOVE. LR SIZE 15X11. DINING ROOM , KITCHEN WITH NEW LARGE PICTURE WINDOW OVERLOOKING THE BACK YARD. KITCHEN WITH ALL NEW APPLIANCES, BATHROOM ON MAIN LEVEL WITH A NEW WALK IN SHOWER AND HALF BATH DOWNSTAIRS BASEMENT. FULL UNFINISHED BASEMENT WITH WORKSHOP, WASHER AND DRYER. NEW ROOF 2025, NEW WINDOWS, NEW PATIO WITH HOT TUB (JACUZZI) SEATS 6. BEAUTIFUL PERENNIALS AND SHRUBS SURROUND THE PATIO. LARGE STORAGE SHED . OFF STREET PARKING BLACK TOP DRIVEWAY . TOWN WATER AND TOWN SEWAGE

Key facts

• 0.33 acre lot
• Built 1938
• Listed 28 days

What this means for you Summary

Snapshot

• This is a 4-bed/1.5-bath single-family listed at $295k.

Deal economics

• At list price, monthly cash flow is $269 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $285k (3.4% below list).
• Recommended offer: $285k (3.4% below list) — sets the bar for 1% rule.
• Cap rate 7.4% vs local median 3.2% in Coxsackie — 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 73/100 on livability (#310 in NY) — a middle-class / working-renter tenant base. Strengths: housing A+, health & safety A+, crime A; Watch: amenities F, commute F.
• Coxsackie-Athens Central School District (town): math 43% / reading 56% proficiency, ranked #384 of 590 in NY (top 65%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 48 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 97 units permitted in Greene County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $32k of equity ($2k loan paydown + $30k appreciation (10.0% local appreciation)).
• Greene County population projected at -22% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (10.0% appreciation + 3.0% rent growth), your $83k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 2, paydown + projected appreciation supports a ~$51k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 28 days — a 2% lower offer ($291k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $76k; list at $295k implies a 286% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1938 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $285,000 (3.4% below list)

Questions for the listing agent

1. Built in 1938 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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.
4. 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.
5. 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: 0.97% ✗
• Cap rate: 7.39%
• Cash-on-cash: 3.91%
• DSCR: 1.17
• GRM: 8.6

CMA / ARV

• ARV (median comp): $287,101
• List price: $295,000
• Delta: 2.75%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
53 Van Dyck St St	0.05mi	3/2.0 (-1)	1,156 (-4%)	17mo	$317,000	$274	69
192 Mansion St	0.19mi	3/2.0 (-1)	1,298 (+7%)	10mo	$272,000	$210	64

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: 27.1%
• Equity multiple: 3.15×
• Total profit: $177,824
• Equity at exit: $265,759

10-year hold

• IRR: 23.7%
• Equity multiple: 7.18×
• Total profit: $510,191
• Equity at exit: $573,120

Cash invested: $82,600 (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 12051

• Home prices YoY: 17.7%
• Active inventory: 48
• Price-to-rent: 8.6×

Monthly cashflow live

• Estimated rent: $2,850 medium
• Mortgage (P&I): −$1,547
• Tax from tax record: −$312 /mo · $3,748/yr
• Insurance: −$123
• HOA: −$0
• Vacancy / Maint / Mgmt: −$598
• Net cashflow: $269

Break-even live

Break-even rent $2,509

Max offer price $295,000

Occupancy floor 86%

Sensitivity live

Price	-10% $436	-5% $353	+0% $269	+5% $186	+10% $102
Rent	-10% $44	-5% $157	+0% $269	+5% $382	+10% $494
Rate	-1.0pp $418	-0.5pp $344	base $269	+0.5pp $193	+1.0pp $115

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: $73,750
• Closing costs: $8,850
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
37 Van Dyck St Coxsackie, NY	3.0	2.0	1380	$2,850	$2.07	15d	1	0.16mi

Listing history 5 events

1. 2026-05-05
   status Pending 836-char remark

   Show marketing remark (836 chars)

   LOVELY CAPE COD COTTAGE BUILT IN 1938. LOCATED 30 MINUTES FROM ALBANY NY, 2 MILES FROM HWY 87 IN THE BEAUTIFUL QUAINT VILLAGE OF COXSACKIE. 4 BEDROOM 1.5 BATH, SITUATED ON 0.33 LOT BACKYARD OPENS TO FORMER HORSE FARM. TWO BEDROOMS UPSTAIRS TWO BEDROOMS DOWNSTAIRS. APPROX SIZE 10X11/ LIVING ROOM WITH FIREPLACE BRAZILIAN SOAP STONE STOVE. LR SIZE 15X11. DINING ROOM , KITCHEN WITH NEW LARGE PICTURE WINDOW OVERLOOKING THE BACK YARD. KITCHEN WITH ALL NEW APPLIANCES, BATHROOM ON MAIN LEVEL WITH A NEW WALK IN SHOWER AND HALF BATH DOWNSTAIRS BASEMENT. FULL UNFINISHED BASEMENT WITH WORKSHOP, WASHER AND DRYER. NEW ROOF 2025, NEW WINDOWS, NEW PATIO WITH HOT TUB (JACUZZI) SEATS 6. BEAUTIFUL PERENNIALS AND SHRUBS SURROUND THE PATIO. LARGE STORAGE SHED . OFF STREET PARKING BLACK TOP DRIVEWAY . TOWN WATER AND TOWN SEWAGE

2. 2026-05-03
   price $295,000 836-char remark

   Show marketing remark (836 chars)

   LOVELY CAPE COD COTTAGE BUILT IN 1938. LOCATED 30 MINUTES FROM ALBANY NY, 2 MILES FROM HWY 87 IN THE BEAUTIFUL QUAINT VILLAGE OF COXSACKIE. 4 BEDROOM 1.5 BATH, SITUATED ON 0.33 LOT BACKYARD OPENS TO FORMER HORSE FARM. TWO BEDROOMS UPSTAIRS TWO BEDROOMS DOWNSTAIRS. APPROX SIZE 10X11/ LIVING ROOM WITH FIREPLACE BRAZILIAN SOAP STONE STOVE. LR SIZE 15X11. DINING ROOM , KITCHEN WITH NEW LARGE PICTURE WINDOW OVERLOOKING THE BACK YARD. KITCHEN WITH ALL NEW APPLIANCES, BATHROOM ON MAIN LEVEL WITH A NEW WALK IN SHOWER AND HALF BATH DOWNSTAIRS BASEMENT. FULL UNFINISHED BASEMENT WITH WORKSHOP, WASHER AND DRYER. NEW ROOF 2025, NEW WINDOWS, NEW PATIO WITH HOT TUB (JACUZZI) SEATS 6. BEAUTIFUL PERENNIALS AND SHRUBS SURROUND THE PATIO. LARGE STORAGE SHED . OFF STREET PARKING BLACK TOP DRIVEWAY . TOWN WATER AND TOWN SEWAGE

3. 2026-04-07
   listed $330,000 Active 836-char remark

   Show marketing remark (836 chars)

   LOVELY CAPE COD COTTAGE BUILT IN 1938. LOCATED 30 MINUTES FROM ALBANY NY, 2 MILES FROM HWY 87 IN THE BEAUTIFUL QUAINT VILLAGE OF COXSACKIE. 4 BEDROOM 1.5 BATH, SITUATED ON 0.33 LOT BACKYARD OPENS TO FORMER HORSE FARM. TWO BEDROOMS UPSTAIRS TWO BEDROOMS DOWNSTAIRS. APPROX SIZE 10X11/ LIVING ROOM WITH FIREPLACE BRAZILIAN SOAP STONE STOVE. LR SIZE 15X11. DINING ROOM , KITCHEN WITH NEW LARGE PICTURE WINDOW OVERLOOKING THE BACK YARD. KITCHEN WITH ALL NEW APPLIANCES, BATHROOM ON MAIN LEVEL WITH A NEW WALK IN SHOWER AND HALF BATH DOWNSTAIRS BASEMENT. FULL UNFINISHED BASEMENT WITH WORKSHOP, WASHER AND DRYER. NEW ROOF 2025, NEW WINDOWS, NEW PATIO WITH HOT TUB (JACUZZI) SEATS 6. BEAUTIFUL PERENNIALS AND SHRUBS SURROUND THE PATIO. LARGE STORAGE SHED . OFF STREET PARKING BLACK TOP DRIVEWAY . TOWN WATER AND TOWN SEWAGE

4. 2002-08-05
   soldstatus $76,500
5. 1999-01-29
   soldstatus $57,000

ⓘ 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: $3,748 · $312/mo
• Projected year-2 tax: $4,366 · $364/mo
• Expected delta: +$619/yr (+$52/mo · 16.5%)

ⓘ 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 4/10 Moderate
• 🌡 Heat 4/10 Moderate 7 d/yr ≥98°F today · 16 d/yr by 30 yrs out
• 💨 Wind 3/10 Moderate 8% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $34,200
• − Mortgage interest: −$16,525
• − Property taxes: −$3,748
• − Insurance: −$1,475
• − Repairs & maintenance: −$2,736
• − Management: −$2,736
• − Depreciation: −$8,582
• Taxable loss: −$1,601
• Est. tax savings @ 24.0%: +$384
• After-tax cash flow: $3,616/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: Coxsackie-Athens Central School District
• NCES district ID: 3608490
• Math proficiency: 43% ▼ -1.00%
• Reading proficiency: 56% ▲ 19.00%
• Median HH income: $55,006
• Composite: 42.8/100
• National rank: #3143
• State rank: #384 of 590 in NY

Livability — Coxsackie

• Score: 73/100
• State rank: #310
• US rank: #5149

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Coxsackie, NY
• Population (ZIP): 5,706

Population outlook (Greene County) Hauer SSP2

• Today (2025): 44,963 people
• By 2030: 43,126 · -4.1%
• By 2040: 38,756 · -13.8%
• By 2050: 34,913 · -22.4%
• By 2075: 28,156 · -37.4%
• By 2100: 22,296 · -50.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (71%)
• Race & ethnicity: White 71% Black 19% Hispanic / Latino 6% Two or more races 5%
• Hispanic origin (detail): Puerto Rican 2%
• Common ancestry: Lithuanian 3% Romanian 2% Slovak 2%
• Foreign-born: 5% · Canada
• Languages at home: 95% English-only · Spanish 3% Other Indo-European 1%

Political lean MEDSL · Greene

• 2024 margin: R (+17.0) · D 41.5% · R 58.5%
• 2008→2024 swing: -7.1pp toward R · 2008: -9.9pp · 2024: -17.0pp
• All cycles: 2024: R+17.0 2020: R+15.6 2016: R+27.4 2012: R+11.1 2008: R+9.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 55.86%
• Current HPI: 371.238
• 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

+417.5% since first listed

5 events — show timeline

• 2026-05-05 Pending — Global MLS
• 2026-05-03 Price Changed $295,000 Global MLS
• 2026-04-07 Listed $330,000 Global MLS
• 2002-08-05 Sold (Public Records) $76,500 Public Records
• 1999-01-29 Sold (Public Records) $57,000 Public Records

Property tax history

+2.0%/yr

Latest (2025): $3,748 · +1.2% YoY. Source: county tax records.