159 Temple St St · Owego, NY 13827

$200,000

4 bd · 1.5 ba · 1,786 sqft · SingleFamily public records · 33 Days on market

Built 1880 8,276 sqft lot Est $186k · 8% over

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Why this score? — see what drove the D 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).

• Appreciation +9.1/10.0
• Cash flow +8.7/30.0
• Schools +5.3/10.0
• ARV discount +4.0/15.0
• Livability +3.8/5.0
• 1% rule +3.3/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• DSCR +2.4/10.0

Listing remarks MLS

Large two story home with 4 bedrooms, 1.5 bathrooms on a large corner lot in the Village of Owego. Convenient location close to shopping, dining, and schools. You'll love the brand new kitchen countertops and tiled backsplash, as well as the beautiful hardwood floors. On the first floor, you'll find a large eat-in kitchen, living room with fireplace, dining room, a 1st floor bedroom, updated half bath (Oct 2022), and a 1st floor laundry room which also serves as the perfect mudroom entrance off the garage and enclosed porch. Upstairs, you'll find 3 good sized bedrooms and an updated full bathroom (Oct 2022). The interior (Oct 2022) and exterior (2021) have both been recently painted. There is plenty of storage in the large 2 car garage and full basement. Relax in the enclosed sunroom overlooking the side yard or on the covered front porch.

Key facts

• Double garage
• Historic owego
• Susquehanna river

Tags

• TWO STORY HOME
• UPDATED KITCHEN
• DOUBLE GARAGE
• HISTORIC OWEGO
• SUSQUEHANNA RIVER

Property features AI

Exterior

• Parking: Attached 2-car garage
• Utilities: Public water; Public sewer
• Home design: Single family residence; Two levels; Residential property
• Construction: Wood siding
• Exterior features: Covered porch; Sloped, landscaped lot

Interior

• Kitchen: Range; Free-standing range; Refrigerator
• Flooring: Hardwood; Tile
• Bathrooms: 1 full bathroom; 1 half bathroom
• Heating & cooling: Hot water heating; Ductless cooling
• Interior features: Pantry; Insulated windows; Living room fireplace; Basement
• Laundry & utility: Washer hookup; Gas water heater

What this means for you Summary

Snapshot

• This is a 4-bed/1.5-bath single-family listed at $200k.

Deal economics

• At list price, monthly cash flow is $-224 ($-3k/yr) — negative.
• To cash-flow at today's rent, offer at most $160k (19.8% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $165k (17.3% below list).
• Recommended offer: $160k (19.8% below list) — sets the bar for cash-flow.

Location & tenants

• Location reads 76/100 on livability (#214 in NY, #3,289 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: employment D+, commute F.
• Owego-Apalachin Central School District (town): math 62% / reading 62% proficiency, ranked #204 of 590 in NY (top 35%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Owego Elementary School (math 72% / reading 67%, grade A-, #447 of 2,108 statewide, top 24%, 486 students, 53% FRL); Owego-Apalachin Middle School (math 36% / reading 57%, grade D+, #330 of 729 statewide, top 46%, 443 students, 45% FRL); Owego Free Academy (math 98% / reading 75%, grade A, #342 of 1,100 statewide, top 31%, 606 students, 41% FRL).
• Market conditions: 65 active listings in the ZIP; 139 units permitted in Tioga County in 2024 (65 in 5+ unit buildings).

Forward outlook

• In year one you build about $18k of equity ($1k loan paydown + $16k appreciation (8.1% local appreciation)).
• Tioga County population projected at -27% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• By year 3, paydown + projected appreciation supports a ~$44k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 33 days — a 3% lower offer ($194k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 10y ago; this cycle's ask has dropped $25k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $140k; 42% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: flood insurance adds $56/mo; built in 1880 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major flood risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $160,411 (19.8% 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 33 days. Have you received any prior offers? Is the seller open to a 20% concession, seller financing, or rate buy-down credit?
3. Built in 1880 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. 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.
8. 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.
9. 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: 0.83% ✗
• Cap rate: 5.28%
• Cash-on-cash: -3.61%
• DSCR: 0.84
• GRM: 10.1

CMA / ARV

• ARV (on-the-fly): $185,744
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
59 Spencer Ave	0.09mi	3/1.5 (-1)	1,808 (+1%)	11mo	$57,500	$32	79
106 Chestnut St St	0.13mi	3/1.0 (-1)	1,736 (-3%)	10mo	$90,000	$52	74
4 Orchard Ave	0.62mi	4/2.0	1,782 (-0%)	2mo	$255,000	$143	67
273 Erie Street St	0.36mi	4/2.0	1,544 (-14%)	1mo	$83,000	$54	58
69 Front St	0.53mi	3/1.5 (-1)	1,696 (-5%)	10mo	$243,000	$143	54
26 Talcott St	0.56mi	3/1.0 (-1)	1,718 (-4%)	10mo	$149,484	$87	52
6 Front St	0.69mi	3/2.0 (-1)	1,790 (+0%)	10mo	$200,000	$112	52
8 Temple St	0.42mi	3/1.0 (-1)	1,573 (-12%)	7mo	$90,000	$57	48
48 George St	0.67mi	3/2.0 (-1)	1,896 (+6%)	12mo	$120,212	$63	42
1 Temple St	0.43mi	3/1.5 (-1)	1,554 (-13%)	15mo	$164,000	$106	41
8 Ruth St	0.59mi	3/1.5 (-1)	1,627 (-9%)	14mo	$199,000	$122	40
10 Orchard Ave	0.66mi	4/2.0	2,028 (+14%)	10mo	$210,000	$104	36

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

8.11% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 16.6%
• Equity multiple: 2.24×
• Total profit: $69,613
• Equity at exit: $153,416

10-year hold

• IRR: 16.0%
• Equity multiple: 4.80×
• Total profit: $212,873
• Equity at exit: $305,942

Cash invested: $56,000 (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 13827

• Home prices YoY: 3.2%
• Active inventory: 65
• Price-to-rent: 10.1×

Monthly cashflow live

• Estimated rent: $1,653 medium
• Mortgage (P&I): −$1,049
• Tax from tax record: −$342 /mo · $4,108/yr
• Insurance: −$83
• Flood insurance flood zone: −$56 /mo · $666/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$347
• Net cashflow: $-224

Break-even live

Break-even rent $1,937

Max offer price $160,411

Occupancy floor —

Sensitivity live

Price	-10% $-111	-5% $-167	+0% $-224	+5% $-281	+10% $-337
Rent	-10% $-355	-5% $-289	+0% $-224	+5% $-159	+10% $-94
Rate	-1.0pp $-123	-0.5pp $-173	base $-224	+0.5pp $-276	+1.0pp $-329

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: $50,000
• Closing costs: $6,000
• Reserves months: —
• Total cash needed: —

Listing history 29 events

1. 2026-06-21
   pricedays on market $200,000 Active 33 DOM
2. 2026-06-19
   days on market $215,000 Active 31 DOM
3. 2026-06-18
   days on market $215,000 Active 30 DOM
4. 2026-06-17
   days on market $215,000 Active 29 DOM
5. 2026-06-16
   days on market $215,000 Active 28 DOM
6. 2026-06-15
   days on market $215,000 Active 27 DOM
7. 2026-06-14
   days on market $215,000 Active 25 DOM
8. 2026-06-13
   days on market $215,000 Active 24 DOM
9. 2026-06-10
   pricedays on market $215,000 Active 22 DOM
10. 2026-06-09
    days on market $225,000 Active 21 DOM
11. 2026-06-08
    days on market $225,000 Active 20 DOM
12. 2026-06-07
    days on market $225,000 Active 19 DOM
13. 2026-06-05
    days on market $225,000 Active 16 DOM
14. 2026-06-03
    days on market $225,000 Active 15 DOM
15. 2026-06-02
    days on market $225,000 Active 14 DOM
16. 2026-06-01
    days on market $225,000 Active 13 DOM
17. 2026-05-31
    days on market $225,000 Active 12 DOM
18. 2026-05-30
    days on market $225,000 Active 11 DOM
19. 2026-05-19
    listed $225,000 Active
20. 2023-02-10
    soldstatus $140,500
21. 2023-01-26
    status Pending 851-char remark

    Show marketing remark (851 chars)

    Large two story home with 4 bedrooms, 1.5 bathrooms on a large corner lot in the Village of Owego. Convenient location close to shopping, dining, and schools. You'll love the brand new kitchen countertops and tiled backsplash, as well as the beautiful hardwood floors. On the first floor, you'll find a large eat-in kitchen, living room with fireplace, dining room, a 1st floor bedroom, updated half bath (Oct 2022), and a 1st floor laundry room which also serves as the perfect mudroom entrance off the garage and enclosed porch. Upstairs, you'll find 3 good sized bedrooms and an updated full bathroom (Oct 2022). The interior (Oct 2022) and exterior (2021) have both been recently painted. There is plenty of storage in the large 2 car garage and full basement. Relax in the enclosed sunroom overlooking the side yard or on the covered front porch.

22. 2023-01-26
    soldstatus $140,500 Closed 851-char remark

    Show marketing remark (851 chars)

    Large two story home with 4 bedrooms, 1.5 bathrooms on a large corner lot in the Village of Owego. Convenient location close to shopping, dining, and schools. You'll love the brand new kitchen countertops and tiled backsplash, as well as the beautiful hardwood floors. On the first floor, you'll find a large eat-in kitchen, living room with fireplace, dining room, a 1st floor bedroom, updated half bath (Oct 2022), and a 1st floor laundry room which also serves as the perfect mudroom entrance off the garage and enclosed porch. Upstairs, you'll find 3 good sized bedrooms and an updated full bathroom (Oct 2022). The interior (Oct 2022) and exterior (2021) have both been recently painted. There is plenty of storage in the large 2 car garage and full basement. Relax in the enclosed sunroom overlooking the side yard or on the covered front porch.

23. 2023-01-18
    status Active 851-char remark

    Show marketing remark (851 chars)

    Large two story home with 4 bedrooms, 1.5 bathrooms on a large corner lot in the Village of Owego. Convenient location close to shopping, dining, and schools. You'll love the brand new kitchen countertops and tiled backsplash, as well as the beautiful hardwood floors. On the first floor, you'll find a large eat-in kitchen, living room with fireplace, dining room, a 1st floor bedroom, updated half bath (Oct 2022), and a 1st floor laundry room which also serves as the perfect mudroom entrance off the garage and enclosed porch. Upstairs, you'll find 3 good sized bedrooms and an updated full bathroom (Oct 2022). The interior (Oct 2022) and exterior (2021) have both been recently painted. There is plenty of storage in the large 2 car garage and full basement. Relax in the enclosed sunroom overlooking the side yard or on the covered front porch.

24. 2022-12-04
    status Pending 851-char remark

    Show marketing remark (851 chars)

    Large two story home with 4 bedrooms, 1.5 bathrooms on a large corner lot in the Village of Owego. Convenient location close to shopping, dining, and schools. You'll love the brand new kitchen countertops and tiled backsplash, as well as the beautiful hardwood floors. On the first floor, you'll find a large eat-in kitchen, living room with fireplace, dining room, a 1st floor bedroom, updated half bath (Oct 2022), and a 1st floor laundry room which also serves as the perfect mudroom entrance off the garage and enclosed porch. Upstairs, you'll find 3 good sized bedrooms and an updated full bathroom (Oct 2022). The interior (Oct 2022) and exterior (2021) have both been recently painted. There is plenty of storage in the large 2 car garage and full basement. Relax in the enclosed sunroom overlooking the side yard or on the covered front porch.

25. 2022-11-08
    price $144,900 851-char remark

    Show marketing remark (851 chars)

    Large two story home with 4 bedrooms, 1.5 bathrooms on a large corner lot in the Village of Owego. Convenient location close to shopping, dining, and schools. You'll love the brand new kitchen countertops and tiled backsplash, as well as the beautiful hardwood floors. On the first floor, you'll find a large eat-in kitchen, living room with fireplace, dining room, a 1st floor bedroom, updated half bath (Oct 2022), and a 1st floor laundry room which also serves as the perfect mudroom entrance off the garage and enclosed porch. Upstairs, you'll find 3 good sized bedrooms and an updated full bathroom (Oct 2022). The interior (Oct 2022) and exterior (2021) have both been recently painted. There is plenty of storage in the large 2 car garage and full basement. Relax in the enclosed sunroom overlooking the side yard or on the covered front porch.

26. 2022-11-01
    listed $149,900 Active 851-char remark

    Show marketing remark (851 chars)

    Large two story home with 4 bedrooms, 1.5 bathrooms on a large corner lot in the Village of Owego. Convenient location close to shopping, dining, and schools. You'll love the brand new kitchen countertops and tiled backsplash, as well as the beautiful hardwood floors. On the first floor, you'll find a large eat-in kitchen, living room with fireplace, dining room, a 1st floor bedroom, updated half bath (Oct 2022), and a 1st floor laundry room which also serves as the perfect mudroom entrance off the garage and enclosed porch. Upstairs, you'll find 3 good sized bedrooms and an updated full bathroom (Oct 2022). The interior (Oct 2022) and exterior (2021) have both been recently painted. There is plenty of storage in the large 2 car garage and full basement. Relax in the enclosed sunroom overlooking the side yard or on the covered front porch.

27. 2017-12-22
    soldstatus $36,300
28. 2017-08-14
    listed $57,900
29. 2016-12-23
    listed $64,900

ⓘ 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: $4,108 · $342/mo
• Projected year-2 tax: $4,108 · $342/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 7/10 Severe FEMA zone X (shaded) · 76% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 8 d/yr ≥94°F today · 17 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% 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: $19,836
• − Mortgage interest: −$11,203
• − Property taxes: −$4,108
• − Insurance: −$1,666
• − Repairs & maintenance: −$1,587
• − Management: −$1,587
• − Depreciation: −$5,818
• Taxable loss: −$6,133
• Est. tax savings @ 24.0%: +$1,472
• After-tax cash flow: $-1,217/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: Owego-Apalachin Central School District
• NCES district ID: 3622170
• Math proficiency: 62% ▼ -1.00%
• Reading proficiency: 62% ▲ 6.00%
• Median HH income: $57,425
• Composite: 53.45/100
• National rank: #1464
• State rank: #204 of 590 in NY

Livability — Owego

• Score: 76/100
• State rank: #214
• US rank: #3289

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Owego, NY
• Population (ZIP): 11,713

Population outlook (Tioga County) Hauer SSP2

• Today (2025): 45,155 people
• By 2030: 42,801 · -5.2%
• By 2040: 37,960 · -15.9%
• By 2050: 33,071 · -26.8%
• By 2075: 24,144 · -46.5%
• By 2100: 16,545 · -63.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (93%)
• Race & ethnicity: White 93% Two or more races 3% Hispanic / Latino 2% Asian 1%
• Common ancestry: Romanian 5% Lithuanian 3% Iranian 2%
• Foreign-born: 2% · China
• Languages at home: 97% English-only · Spanish 1% Chinese 1% German/W. Germanic 1%

Political lean MEDSL · Tioga

• 2024 margin: Strong R (+22.9) · D 38.6% · R 61.4%
• 2008→2024 swing: -12.7pp toward R · 2008: -10.2pp · 2024: -22.9pp
• All cycles: 2024: R+22.9 2020: R+20.6 2016: R+27.6 2012: R+15.1 2008: R+10.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 8.11%
• Current HPI: 259.9605
• 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

+246.7% since first listed

11 events — show timeline

• 2026-05-19 Listed $225,000 GBAOR
• 2023-02-10 Sold (Public Records) $140,500 Public Records
• 2023-01-26 Pending — GBAOR
• 2023-01-26 Sold (MLS) $140,500 GBAOR
• 2023-01-18 Relisted — GBAOR
• 2022-12-04 Pending — GBAOR
• 2022-11-08 Price Changed $144,900 GBAOR
• 2022-11-01 Listed $149,900 GBAOR
• 2017-12-22 Sold (Public Records) $36,300 Public Records
• 2017-08-14 Listed $57,900 GBAOR
• 2016-12-23 Listed $64,900 GBAOR

Property tax history

+8.0%/yr

Latest (2025): $4,108 · +42.6% YoY. Source: county tax records.