76 Loo Bridge Ln Unit 12 B · Windham, NY 12496

$259,000

2 bd · 2.5 ba · 1,411 sqft · Townhouse · 173 Days on market

Built 1987 Good condition 1,306 sqft lot $184/sqft · 10% below area Est $289k · 10% under ↓ 19% 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 +19.1/30.0
• ARV discount +12.2/15.0
• Appreciation +7.5/10.0
• DSCR +6.0/10.0
• 1% rule +5.1/10.0
• Schools +4.3/10.0
• Condition / age +3.8/5.0
• Livability +3.0/5.0
• Rent growth +2.5/5.0

Listing remarks MLS

Exceptional Value at 259,000 - MOTIVATED SELLERS | BUY NOW! This cozy country townhouse-style condo offers an affordable four-season retreat in the heart of Windham, NY--ideal as a low-maintenance vacation getaway, or combination income-producing rental. Located in Windham Ridge, a short term friendly development, just minutes to Windham Mountain Club, village shops, restaurants, hiking, golf, and only 2.5 hours from NYC--an attractive and convenient location for both personal use and rental demand. This unit features a rare, legally added loft providing approx. 200 additional sq ft, enhancing sleeping capacity and rental flexibility. The open-concept main level includes a kitchen with separate prep area and breakfast bar, space for a full dining table, and a vaulted living room with wood-burning fireplace with pellet stove insert. Sliders open to an upper deck with BBQ and seating area. Recent improvements include a new roof, updated bath vanities and toilets, dark engineered wood flooring, and fresh interior paint. A spiral staircase leads to the expanded loft--ideal sleeping space, office, or lounge--plus a convenient half bath on the main level. The lower level offers a private primary suite with whirlpool tub and sliders to a lower deck overlooking a peaceful back yard, where you can hear the sounds of the nearby creek, plus a second bedroom with its own private full bath. Offered fully furnished, low HOA fees, and easy-care ownership make this property well suited for seasonal rentals, weekend escapes, or full-time living. Enjoy skiing, hiking, golf, and fall foliage--a great value in one of the Catskills' most desirable mountain towns 3D Walkthrough Tour available by request.

Key facts

• Low hoa fees
• Outdoor deck
• Whirlpool tub

Tags

• LEGALLY ADDED LOFT SPACE
• OPEN KITCHEN
• SPIRAL STAIRCASE
• WHIRLPOOL TUB
• OUTDOOR DECK
• LOW HOA FEES

What this means for you Summary

Snapshot

• This is a 2-bed/2.5-bath townhouse listed at $259k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $274 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $259k).
• Recommended offer: $228k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.6% vs local median 3.2% in Windham — 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 60/100 on livability (#964 in NY) — a middle-class / working-renter tenant base. Strengths: housing A+, employment B+; Watch: schools C-, crime D+, cost of living D+.
• Windham-Ashland-Jewett Central School District (rural): math 55% / reading 40% proficiency, ranked #517 of 755 in NY (top 68%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 143 active listings in the ZIP; 97 units permitted in Greene County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $15k of equity ($2k loan paydown + $13k appreciation (5.1% 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 (5.1% appreciation + 3.0% rent growth), your $73k cash investment doubles in ~4 years — after that, you're playing with house money.
• By year 3, paydown + projected appreciation supports a ~$37k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 173 days — a 12% lower offer ($228k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 2y ago; this cycle's ask has dropped $26k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Recommended offer $227,920 (12.0% below list)

Questions for the listing agent

1. It's been on market 173 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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.
6. 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.
7. 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: 1.01% ✓
• Cap rate: 7.56%
• Cash-on-cash: 4.53%
• DSCR: 1.20
• GRM: 8.3

CMA / ARV

• ARV (median comp): $289,200
• List price: $259,000
• Delta: -10.44%
• Verdict: UNDERPRICED
• Comps: 4 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
79 Windham Ridge Rd Unit 17A	0.14mi	2/2.5	1,211 (-14%)	9mo	$269,000	$222	62

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

Projected returns pro-forma

5.06% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 16.9%
• Equity multiple: 2.08×
• Total profit: $78,010
• Equity at exit: $147,654

10-year hold

• IRR: 17.1%
• Equity multiple: 4.04×
• Total profit: $220,483
• Equity at exit: $255,564

Cash invested: $72,520 (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 12496

• Home prices YoY: 1.2%
• Active inventory: 143
• Price-to-rent: 8.3×

Monthly cashflow live

• Estimated rent: $2,612 medium
• Mortgage (P&I): −$1,358
• Tax est. 1.5%: −$324 /mo · $3,885/yr
• Insurance: −$108
• HOA: −$0
• Vacancy / Maint / Mgmt: −$549
• Net cashflow: $274

Break-even live

Break-even rent $2,266

Max offer price $259,000

Occupancy floor 85%

Sensitivity live

Price	-10% $453	-5% $363	+0% $274	+5% $184	+10% $95
Rent	-10% $68	-5% $171	+0% $274	+5% $377	+10% $480
Rate	-1.0pp $404	-0.5pp $340	base $274	+0.5pp $207	+1.0pp $139

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: $64,750
• Closing costs: $7,770
• Reserves months: —
• Total cash needed: —

Listing history 15 events

1. 2026-06-12
   statusdays on market $259,000 Pending 173 DOM
2. 2026-06-09
   days on market $259,000 Active Under Contract 172 DOM
3. 2026-06-08
   days on market $259,000 Active Under Contract 171 DOM
4. 2026-06-07
   days on market $259,000 Active Under Contract 170 DOM
5. 2026-06-07
   days on market $259,000 Active Under Contract 169 DOM
6. 2026-06-04
   days on market $259,000 Active Under Contract 166 DOM
7. 2026-06-02
   days on market $259,000 Active Under Contract 165 DOM
8. 2026-06-01
   days on market $259,000 Active Under Contract 164 DOM
9. 2026-05-31
   days on market $259,000 Active Under Contract 163 DOM
10. 2026-05-06
    historical Active Under Contract 1716-char remark

    Show marketing remark (1716 chars)

    Exceptional Value at 259,000 - MOTIVATED SELLERS | BUY NOW! This cozy country townhouse-style condo offers an affordable four-season retreat in the heart of Windham, NY--ideal as a low-maintenance vacation getaway, or combination income-producing rental. Located in Windham Ridge, a short term friendly development, just minutes to Windham Mountain Club, village shops, restaurants, hiking, golf, and only 2.5 hours from NYC--an attractive and convenient location for both personal use and rental demand. This unit features a rare, legally added loft providing approx. 200 additional sq ft, enhancing sleeping capacity and rental flexibility. The open-concept main level includes a kitchen with separate prep area and breakfast bar, space for a full dining table, and a vaulted living room with wood-burning fireplace with pellet stove insert. Sliders open to an upper deck with BBQ and seating area. Recent improvements include a new roof, updated bath vanities and toilets, dark engineered wood flooring, and fresh interior paint. A spiral staircase leads to the expanded loft--ideal sleeping space, office, or lounge--plus a convenient half bath on the main level. The lower level offers a private primary suite with whirlpool tub and sliders to a lower deck overlooking a peaceful back yard, where you can hear the sounds of the nearby creek, plus a second bedroom with its own private full bath. Offered fully furnished, low HOA fees, and easy-care ownership make this property well suited for seasonal rentals, weekend escapes, or full-time living. Enjoy skiing, hiking, golf, and fall foliage--a great value in one of the Catskills' most desirable mountain towns 3D Walkthrough Tour available by request.

11. 2026-02-27
    price $259,000 1716-char remark

    Show marketing remark (1716 chars)

    Exceptional Value at 259,000 - MOTIVATED SELLERS | BUY NOW! This cozy country townhouse-style condo offers an affordable four-season retreat in the heart of Windham, NY--ideal as a low-maintenance vacation getaway, or combination income-producing rental. Located in Windham Ridge, a short term friendly development, just minutes to Windham Mountain Club, village shops, restaurants, hiking, golf, and only 2.5 hours from NYC--an attractive and convenient location for both personal use and rental demand. This unit features a rare, legally added loft providing approx. 200 additional sq ft, enhancing sleeping capacity and rental flexibility. The open-concept main level includes a kitchen with separate prep area and breakfast bar, space for a full dining table, and a vaulted living room with wood-burning fireplace with pellet stove insert. Sliders open to an upper deck with BBQ and seating area. Recent improvements include a new roof, updated bath vanities and toilets, dark engineered wood flooring, and fresh interior paint. A spiral staircase leads to the expanded loft--ideal sleeping space, office, or lounge--plus a convenient half bath on the main level. The lower level offers a private primary suite with whirlpool tub and sliders to a lower deck overlooking a peaceful back yard, where you can hear the sounds of the nearby creek, plus a second bedroom with its own private full bath. Offered fully furnished, low HOA fees, and easy-care ownership make this property well suited for seasonal rentals, weekend escapes, or full-time living. Enjoy skiing, hiking, golf, and fall foliage--a great value in one of the Catskills' most desirable mountain towns 3D Walkthrough Tour available by request.

12. 2026-02-14
    price $275,000 1716-char remark

    Show marketing remark (1716 chars)

    Exceptional Value at 259,000 - MOTIVATED SELLERS | BUY NOW! This cozy country townhouse-style condo offers an affordable four-season retreat in the heart of Windham, NY--ideal as a low-maintenance vacation getaway, or combination income-producing rental. Located in Windham Ridge, a short term friendly development, just minutes to Windham Mountain Club, village shops, restaurants, hiking, golf, and only 2.5 hours from NYC--an attractive and convenient location for both personal use and rental demand. This unit features a rare, legally added loft providing approx. 200 additional sq ft, enhancing sleeping capacity and rental flexibility. The open-concept main level includes a kitchen with separate prep area and breakfast bar, space for a full dining table, and a vaulted living room with wood-burning fireplace with pellet stove insert. Sliders open to an upper deck with BBQ and seating area. Recent improvements include a new roof, updated bath vanities and toilets, dark engineered wood flooring, and fresh interior paint. A spiral staircase leads to the expanded loft--ideal sleeping space, office, or lounge--plus a convenient half bath on the main level. The lower level offers a private primary suite with whirlpool tub and sliders to a lower deck overlooking a peaceful back yard, where you can hear the sounds of the nearby creek, plus a second bedroom with its own private full bath. Offered fully furnished, low HOA fees, and easy-care ownership make this property well suited for seasonal rentals, weekend escapes, or full-time living. Enjoy skiing, hiking, golf, and fall foliage--a great value in one of the Catskills' most desirable mountain towns 3D Walkthrough Tour available by request.

13. 2025-12-19
    listed $285,000 Active 1716-char remark

    Show marketing remark (1716 chars)

    Exceptional Value at 259,000 - MOTIVATED SELLERS | BUY NOW! This cozy country townhouse-style condo offers an affordable four-season retreat in the heart of Windham, NY--ideal as a low-maintenance vacation getaway, or combination income-producing rental. Located in Windham Ridge, a short term friendly development, just minutes to Windham Mountain Club, village shops, restaurants, hiking, golf, and only 2.5 hours from NYC--an attractive and convenient location for both personal use and rental demand. This unit features a rare, legally added loft providing approx. 200 additional sq ft, enhancing sleeping capacity and rental flexibility. The open-concept main level includes a kitchen with separate prep area and breakfast bar, space for a full dining table, and a vaulted living room with wood-burning fireplace with pellet stove insert. Sliders open to an upper deck with BBQ and seating area. Recent improvements include a new roof, updated bath vanities and toilets, dark engineered wood flooring, and fresh interior paint. A spiral staircase leads to the expanded loft--ideal sleeping space, office, or lounge--plus a convenient half bath on the main level. The lower level offers a private primary suite with whirlpool tub and sliders to a lower deck overlooking a peaceful back yard, where you can hear the sounds of the nearby creek, plus a second bedroom with its own private full bath. Offered fully furnished, low HOA fees, and easy-care ownership make this property well suited for seasonal rentals, weekend escapes, or full-time living. Enjoy skiing, hiking, golf, and fall foliage--a great value in one of the Catskills' most desirable mountain towns 3D Walkthrough Tour available by request.

14. 2025-03-12
    listed $309,000 Active
15. 2024-09-10
    listed $319,000

ⓘ 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 1/10 Low 7 d/yr ≥87°F today · 17 d/yr by 30 yrs out
• 💨 Wind 3/10 Moderate 4% 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: $31,349
• − Mortgage interest: −$14,508
• − Property taxes: −$3,885
• − Insurance: −$1,295
• − Repairs & maintenance: −$2,508
• − Management: −$2,508
• − Depreciation: −$7,535
• Taxable loss: −$890
• Est. tax savings @ 24.0%: +$213
• After-tax cash flow: $3,500/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.

Condition & rehab AI · 12 photos

Good 75/100 Cosmetic rehab

This cozy townhouse offers a good condition with some minor updates needed to enhance its resale and rental value.

Repairs flagged

• Minor Kitchen cabinets — Aesthetic update needed.
• Minor Bathtub and shower — Update needed for functionality and appearance.
• Minor Carpet — Replace with a more modern and durable option.

Value-add opportunities

• Both Update kitchen cabinets and countertops — Enhances both resale and rental value.
• Both Replace carpet with modern flooring — Improves both resale and rental value.
• Both Update bathroom fixtures and shower — Enhances both resale and rental value.

Renovation cost estimate screening

Repair item	Severity	Est. cost
Kitchen cabinets · Aesthetic update needed.	Minor	$500–3,000
Bathtub and shower · Update needed for functionality and appearance.	Minor	$500–3,000
Carpet · Replace with a more modern and durable option.	Minor	$500–3,000
Total estimated repair cost · 3 items		$1,500–9,000

Value-add ROI direction

• Both Update kitchen cabinets and countertops — Enhances both resale and rental value. ↑
• Both Replace carpet with modern flooring — Improves both resale and rental value. ↑
• Both Update bathroom fixtures and shower — Enhances both resale and rental value. ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Windham-Ashland-Jewett Central School District
• NCES district ID: 3631590
• Math proficiency: 55% ▲ 5.00%
• Reading proficiency: 40% ▼ -10.00%
• Median HH income: $46,942
• Composite: 42.57/100
• National rank: #6842
• State rank: #517 of 755 in NY

Livability — Windham

• Score: 60/100
• State rank: #964
• US rank: #18888

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 1,241

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 (84%)
• Race & ethnicity: White 84% Two or more races 5% Black 5% Hispanic / Latino 3% Asian 2%
• Common ancestry: Romanian 5% Hispanic 4% Lithuanian 3%
• Foreign-born: 18% · Canada
• Languages at home: 75% English-only · Russian/Polish/Slavic 10% French/Haitian/Cajun 7% Other Indo-European 4%

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: ▲ 5.06%
• Current HPI: 425.2138
• 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

-18.8% since first listed

6 events — show timeline

• 2026-05-06 Contingent — HVCRMLS
• 2026-02-27 Price Changed $259,000 HVCRMLS
• 2026-02-14 Price Changed $275,000 HVCRMLS
• 2025-12-19 Listed $285,000 HVCRMLS
• 2025-03-12 Listed $309,000 HVCRMLS
• 2024-09-10 Listed $319,000 HVCRMLS