7 Balint Dr #521 · Yonkers, NY 10710

$159,900

1 bd · 1.0 ba · 700 sqft · Condo · 52 Days on market

Built 1968 $228/sqft · 15% below area Est $188k · 15% under

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Why this score? — see what drove the B+ 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 +30.0/30.0
• ARV discount +14.2/15.0
• DSCR +10.0/10.0
• 1% rule +9.9/10.0
• Schools +4.1/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Lovely, Renovated Mint Condition 1 Bedroom at The Carriage House with parking!!! Enjoy Quiet exposure from Large Living Room with picture windows and spacious bedroom. Brand new modern kitchen features, stunning counter tops and backsplash withstainless-steel appliances including dish/washer. New doors, updated bath, ample closets, separate dining area and more make this an inviting move right in home!

Key facts

• Updated bath
• Large living room
• Modern kitchen

Tags

• RENOVATED MINT CONDITION
• LARGE LIVING ROOM
• MODERN KITCHEN
• STUNNING COUNTER TOPS
• STAINLESS-STEEL APPLIANCES
• UPDATED BATH

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $160k.

Deal economics

• At list price, monthly cash flow is $771 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $160k).
• Recommended offer: $155k (3.0% below list) — sets the bar for market timing.
• Cap rate 12.1% vs local median 5.3% in Yonkers — 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 68/100 on livability (#528 in NY) — a middle-class / working-renter tenant base. Strengths: employment A, commute B; Watch: amenities F, cost of living F.
• Yonkers City School District (suburban): math 41% / reading 54% proficiency, ranked #413 of 590 in NY (top 70%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 64% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 163 active listings in the ZIP; 16 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 954 units permitted in Westchester County in 2024 (649 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.
• Westchester County population projected at +10% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $45k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 52 days — a 3% lower offer ($155k) is reasonable based on typical stale-listing flexibility.
• 9 sale attempts since 23y ago 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.
• Current owner paid $100k; list at $160k implies a 60% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $155,103 (3.0% below list)

Questions for the listing agent

1. It's been on market 52 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1968 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. 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?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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 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: 1.49% ✓
• Cap rate: 12.08%
• Cash-on-cash: 20.67%
• DSCR: 1.92
• GRM: 5.6

CMA / ARV

• ARV (median comp): $188,108
• List price: $159,900
• Delta: -15.00%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: 13.0%
• Equity multiple: 1.52×
• Total profit: $23,241
• Equity at exit: $23,842

10-year hold

• IRR: 21.9%
• Equity multiple: 2.87×
• Total profit: $83,628
• Equity at exit: $13,825

Cash invested: $44,772 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (CITY): 5 Strongly Tenant-Friendly
• State New York: 15 Strongly Tenant-Friendly · D+10
• County: — inherits STATE
• City Yonkers: 5 Strongly Tenant-Friendly · D+20

Westchester rent guidelines board.

Methodology + full state rankings →

ZIP-level market 10710

• Active inventory: 163
• Price-to-rent: 5.6×

Monthly cashflow live

• Estimated rent: $2,375 high
• Mortgage (P&I): −$839
• Tax est. 1.5%: −$200 /mo · $2,398/yr
• Insurance: −$67
• HOA: −$0
• Vacancy / Maint / Mgmt: −$499
• Net cashflow: $771

Break-even live

Break-even rent $1,399

Max offer price $159,900

Occupancy floor 63%

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: $39,975
• Closing costs: $4,797
• Reserves months: —
• Total cash needed: —

Rent comps 16 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
12 Wainwright Ave Apt 1B Yonkers, NY	1.0	1.0	700	$1,950	$2.79	43d	1	0.50mi
717 Tuckahoe Rd Unit 16A Yonkers, NY	1.0	1.0	650	$2,495	$3.84	4d	1	0.50mi
8 Wainwright Ave Unit 2A Yonkers, NY	—	1.0	700	$1,600	$2.29	7d	1	0.52mi
42 Winchester Ave Unit 2A Yonkers, NY	1.0	1.0	700	$2,100	$3.00	14d	1	0.64mi
601 Ridge Hill Blvd Yonkers, NY	2.0	1.0–2.0	819	$3,500	$4.27	7d	14	0.76mi
21 Scarsdale Rd Yonkers, NY	2.0	1.0	835	$3,795	$4.54	2d	21	0.89mi
28 Kenilworth Rd Unit The Cottage Yonkers, NY	1.0	1.0	600	$1,950	$3.25	14d	1	1.04mi
2 Consulate Dr Unit 1J Tuckahoe, NY	1.0	1.0	750	$2,700	$3.60	12d	1	1.07mi
50 Columbus Ave Unit 817 Tuckahoe, NY	1.0	1.0	750	$3,000	$4.00	22d	1	1.09mi
23 Belknap Ave Yonkers, NY	1.0	1.0	700	$2,300	$3.29	24d	1	1.19mi
300 Columbus Ave Tuckahoe, NY	—	1.0	766	$3,100	$4.05	19d	5	1.26mi
212 Alpine Pl Tuckahoe, NY	1.0	1.0	700	$2,700	$3.86	20d	1	1.31mi
247 Mile Square Rd Unit 1ST Yonkers, NY	—	1.5	350	$1,650	$4.71	4d	1	1.33mi
247 Mile Square Rd Yonkers, NY	—	1.0	350	$1,650	$4.71	4d	1	1.33mi
40 Jackson Ave Eastchester, NY	1.0	1.0	725	$2,950	$4.07	14d	1	1.37mi
Glen Rd Unit H Eastchester, NY	1.0	1.0	612	$2,200	$3.59	43d	1	1.47mi

HOA detail condo

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

Listing history 26 events

1. 2026-05-16
   status Pending 407-char remark

   Show marketing remark (407 chars)

   Lovely, Renovated Mint Condition 1 Bedroom at The Carriage House with parking!!! Enjoy Quiet exposure from Large Living Room with picture windows and spacious bedroom. Brand new modern kitchen features, stunning counter tops and backsplash withstainless-steel appliances including dish/washer. New doors, updated bath, ample closets, separate dining area and more make this an inviting move right in home!

2. 2026-03-25
   listed $159,900 Active 407-char remark

   Show marketing remark (407 chars)

   Lovely, Renovated Mint Condition 1 Bedroom at The Carriage House with parking!!! Enjoy Quiet exposure from Large Living Room with picture windows and spacious bedroom. Brand new modern kitchen features, stunning counter tops and backsplash withstainless-steel appliances including dish/washer. New doors, updated bath, ample closets, separate dining area and more make this an inviting move right in home!

3. 2015-11-05
   soldstatus $100,000 Sold 295-char remark

   Show marketing remark (295 chars)

   Lovely Updated Mint condition 1 Bedroom at The Carriage House. Enjoy quiet exposure from Large Living Room and bedroom with Pic windows. Desirable Complex offers pool (included in maint), playground, and parking, located on private cul-de-sac, great setting, centrally located and close to all!!

4. 2015-11-05
   price $99,900 295-char remark

   Show marketing remark (295 chars)

   Lovely Updated Mint condition 1 Bedroom at The Carriage House. Enjoy quiet exposure from Large Living Room and bedroom with Pic windows. Desirable Complex offers pool (included in maint), playground, and parking, located on private cul-de-sac, great setting, centrally located and close to all!!

5. 2015-11-04
   soldstatus $100,000
6. 2015-04-25
   historical Pending 295-char remark

   Show marketing remark (295 chars)

   Lovely Updated Mint condition 1 Bedroom at The Carriage House. Enjoy quiet exposure from Large Living Room and bedroom with Pic windows. Desirable Complex offers pool (included in maint), playground, and parking, located on private cul-de-sac, great setting, centrally located and close to all!!

7. 2015-03-26
   price $99,900 295-char remark

   Show marketing remark (295 chars)

   Lovely Updated Mint condition 1 Bedroom at The Carriage House. Enjoy quiet exposure from Large Living Room and bedroom with Pic windows. Desirable Complex offers pool (included in maint), playground, and parking, located on private cul-de-sac, great setting, centrally located and close to all!!

8. 2015-03-26
   price $100,000 295-char remark

   Show marketing remark (295 chars)

   Lovely Updated Mint condition 1 Bedroom at The Carriage House. Enjoy quiet exposure from Large Living Room and bedroom with Pic windows. Desirable Complex offers pool (included in maint), playground, and parking, located on private cul-de-sac, great setting, centrally located and close to all!!

9. 2014-08-15
   listed $109,900 Active 295-char remark

   Show marketing remark (295 chars)

   Lovely Updated Mint condition 1 Bedroom at The Carriage House. Enjoy quiet exposure from Large Living Room and bedroom with Pic windows. Desirable Complex offers pool (included in maint), playground, and parking, located on private cul-de-sac, great setting, centrally located and close to all!!

10. 2014-08-15
    listed $99,900

    Show marketing remark (295 chars)

    Lovely Updated Mint condition 1 Bedroom at The Carriage House. Enjoy quiet exposure from Large Living Room and bedroom with Pic windows. Desirable Complex offers pool (included in maint), playground, and parking, located on private cul-de-sac, great setting, centrally located and close to all!!

11. 2014-07-08
    historical Withdrawn
12. 2014-07-08
    historical
13. 2014-06-09
    listed Active
14. 2014-06-09
    historical Withdrawn
15. 2014-06-09
    listed $117,500
16. 2014-06-09
    historical
17. 2014-02-06
    listed Active
18. 2014-02-06
    listed $119,000
19. 2009-10-05
    soldstatus $129,900 Sold
20. 2009-09-23
    historical
21. 2009-07-21
    historical Pending
22. 2009-06-18
    listed $129,900
23. 2003-09-09
    soldstatus $63,000
24. 2003-06-20
    historical
25. 2003-06-20
    price $69,900
26. 2003-05-01
    listed $63,000

ⓘ 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 3/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥99°F today · 15 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 3 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $28,499
• − Mortgage interest: −$8,957
• − Property taxes: −$2,398
• − Insurance: −$800
• − Repairs & maintenance: −$2,280
• − Management: −$2,280
• − Depreciation: −$4,652
• Taxable income: $7,133
• Est. tax owed @ 24.0%: −$1,712
• After-tax cash flow: $7,542/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: Yonkers City School District
• NCES district ID: 3631920
• Math proficiency: 41% ▼ -1.00%
• Reading proficiency: 54% ▲ 14.00%
• Median HH income: $58,042
• Composite: 41.43/100
• National rank: #3471
• State rank: #413 of 590 in NY

Livability — Yonkers

• Score: 68/100
• State rank: #528
• US rank: #9394

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Yonkers, NY
• County: Westchester County · 709,332 people
• City population: 212,407
• Metro: New York-Newark-Jersey City, NY-NJ-PA
• Population (ZIP): 25,855
• Household income: $108,845
• Rent vs Own: 29.3% rent · 70.7% own
• Severe rent burden: 920.0

Population outlook (Westchester County) Hauer SSP2

• Today (2025): 1,028,035 people
• By 2030: 1,051,636 · +2.3%
• By 2040: 1,098,520 · +6.9%
• By 2050: 1,136,044 · +10.5%
• By 2075: 1,196,925 · +16.4%
• By 2100: 1,175,147 · +14.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Highly diverse neighborhood (Simpson 0.72)
• Race & ethnicity: White 39% Hispanic / Latino 30% Black 14% Two or more races 12% Asian 11% Native American 2%
• Hispanic origin (detail): Mexican 1% Puerto Rican 9% Dominican 9%
• Common ancestry: Romanian 2% Scotch-Irish 1% Hispanic 1%
• Foreign-born: 26% · Canada, Jamaica, China
• Languages at home: 64% English-only · Spanish 18% Other Indo-European 6% Other Asian/Pacific 5%

Political lean MEDSL · Westchester

• 2024 margin: Strong D (+26.3) · D 63.1% · R 36.9%
• 2008→2024 swing: -1.3pp toward R · 2008: 27.6pp · 2024: 26.3pp
• All cycles: 2024: D+26.3 2020: D+36.3 2016: D+32.8 2012: D+22.2 2008: D+27.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -622.30%
• Current HPI: 297.1704
• Rent YoY: —
• Metro: New York-Newark-Jersey City, NY-NJ-PA
• 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

+153.8% since first listed

26 events — show timeline

• 2026-05-16 Pending — OneKey® MLS as Distributed by MLS Grid
• 2026-03-25 Listed $159,900 OneKey® MLS as Distributed by MLS Grid
• 2015-11-05 Price Changed $99,900 HGMLS
• 2015-11-05 Sold (MLS) $100,000 HGMLS
• 2015-11-04 Sold (MLS) $100,000 OneKey® MLS as Distributed by MLS Grid
• 2015-04-25 Contingent — HGMLS
• 2015-03-26 Price Changed $100,000 HGMLS
• 2015-03-26 Price Changed $99,900 HGMLS
• 2014-08-15 Listed $109,900 HGMLS
• 2014-08-15 Listed $99,900 OneKey® MLS as Distributed by MLS Grid
• 2014-07-08 Delisted — HGMLS
• 2014-07-08 Listing Removed — OneKey® MLS as Distributed by MLS Grid
• 2014-06-09 Listed — HGMLS
• 2014-06-09 Delisted — HGMLS
• 2014-06-09 Listing Removed — OneKey® MLS as Distributed by MLS Grid
• 2014-06-09 Listed $117,500 OneKey® MLS as Distributed by MLS Grid
• 2014-02-06 Listed — HGMLS
• 2014-02-06 Listed $119,000 OneKey® MLS as Distributed by MLS Grid
• 2009-10-05 Sold (MLS) $129,900 HGMLS
• 2009-09-23 Delisted — HGMLS
• 2009-07-21 Contingent — HGMLS
• 2009-06-18 Listed $129,900 HGMLS
• 2003-09-09 Sold (MLS) $63,000 HGMLS
• 2003-06-20 Price Changed $69,900 HGMLS
• 2003-06-20 Delisted — HGMLS
• 2003-05-01 Listed $63,000 HGMLS