111 E Hartsdale Ave Unit 3E · Hartsdale, NY 10530

$315,000

2 bd · 1.0 ba · 950 sqft · Condo · 81 Days on market

Built 1963 $332/sqft · 25% above area Est $252k · 25% over

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

• 1% rule +6.0/10.0
• Cash flow +5.5/30.0
• Schools +4.9/10.0
• Livability +4.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• DSCR +0.0/10.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Commuter’s Dream! Bright, fully renovated corner unit 2-Bedroom Co-op with DEEDED Indoor Heated Parking. An unbeatable location for commuters—just a 5-minute walk to the Metro North station and only 35 minutes to Grand Central Terminal. This sun-drenched and beautifully renovated 2-bedroom, 1-bathroom co-op offers modern elegance, comfort, and convenience. The kitchen showcases General Electric stainless-steel appliances, new ceramic tile flooring, a custom tile backsplash, white wood cabinetry with crown molding, and gorgeous quartz countertops—perfect for both everyday living and entertaining. The bathroom has been fully updated from floor to ceiling, featuring ceramic tile floors and walls, a new vanity and toilet, and a sleek glass sliding door for a clean, contemporary look. Every detail has been thoughtfully upgraded, including custom blinds and shades in every room, two new in-wall air conditioners, new interior doors and hardware, and modern light fixtures throughout. The home also features ample closet space, beautifully refinished hardwood parquet flooring, and elegant base molding that adds warmth and character. Enjoy the convenience of your DEEDED indoor heated parking space—no wait list! Storage when available is just $30 per month. Building amenities include a community laundry room and a playground located at the rear of the property. Ideally situated close to parks, shopping, dining, and entertainment, with easy access to seasonal Bike Sundays on the Bronx River Parkway and the weekly Farmer’s Market. This pet-friendly co-op welcomes up to two cats or one dog (25 lbs. max). Move right in and start enjoying all this exceptional home and neighborhood have to offer. Don’t miss this opportunity—schedule your private showing today!

Key facts

• Garage
• Built 1963
• Listed 80 days

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath condo listed at $315k.

Deal economics

• At list price, monthly cash flow is $-671 ($-8k/yr) — negative.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $315k).
• Recommended offer: $296k (6.0% below list) — sets the bar for market timing.
• Cap rate 3.7% vs local median 5.8% in Hartsdale — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.

Location & tenants

• Location reads 81/100 on livability (#94 in NY, #1,430 nationally) — a professional / high-income tenant draw. Strengths: crime A+, employment A+, housing A+; Watch: amenities F, cost of living F.
• Greenburgh Central School District (suburban): math 51% / reading 55% proficiency, ranked #267 of 590 in NY (top 45%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 156 active listings in the ZIP; 9 comparable units currently listed for rent nearby; rentals at typical pace (median 20d on market — plan ~3-4 weeks tenant-placement turnaround); 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 $2k of loan paydown is wiped out by about $9k 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.

Negotiation context

• It's been on market 81 days — a 6% lower offer ($296k) is reasonable based on typical stale-listing flexibility.
• 5 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 $182k; list at $315k implies a 73% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: HOA is 36% of rent.
• 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 $296,100 (6.0% 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 81 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
3. Built in 1963 — 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 B-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. 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?
10. 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.
11. 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.
12. 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: 1.10% ✓
• Cap rate: 3.74%
• Cash-on-cash: -9.13%
• DSCR: 0.59
• GRM: 7.6

CMA / ARV

• ARV (median comp): $251,723
• List price: $315,000
• Delta: 25.14%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: -32.1%
• Equity multiple: -0.05×
• Total profit: $-92,992
• Equity at exit: $46,968

10-year hold

• IRR: -34.9%
• Equity multiple: -0.51×
• Total profit: $-132,749
• Equity at exit: $27,235

Cash invested: $88,200 (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 10530

• Active inventory: 156
• Price-to-rent: 7.6×

Monthly cashflow live

• Estimated rent: $3,462 high
• Mortgage (P&I): −$1,652
• Tax est. 1.5%: −$394 /mo · $4,725/yr
• Insurance: −$131
• HOA est. from 1 same-building comp: −$1,229
• Vacancy / Maint / Mgmt: −$727
• Net cashflow: $-671

Break-even live

Break-even rent $4,311

Max offer price $217,862

Occupancy floor —

Sensitivity live

Price	-10% $-454	-5% $-562	+0% $-671	+5% $-780	+10% $-889
Rent	-10% $-945	-5% $-808	+0% $-671	+5% $-535	+10% $-398
Rate	-1.0pp $-513	-0.5pp $-591	base $-671	+0.5pp $-753	+1.0pp $-836

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: $78,750
• Closing costs: $9,450
• Reserves months: —
• Total cash needed: —

Rent comps 9 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
140 E Hartsdale Ave Hartsdale, NY	2.0	1.0	875	$2,895	$3.31	23d	1	0.07mi
250 S Central Ave Apt 3I Hartsdale, NY	2.0	1.0	1000	$4,350	$4.35	45d	1	0.50mi
250 Central Park Ave Unit 5I Hartsdale, NY	2.0	1.0	1000	$4,550	$4.55	18d	1	0.52mi
250 S Central Ave Hartsdale, NY	1.0–2.0	1.0–2.0	1084	$5,500	$5.07	0d	1	0.52mi
55 Fieldstone Dr Unit 69 Hartsdale, NY	1.0	1.0	800	$2,100	$2.62	13d	1	1.06mi
400 High Point Dr Unit 206 Hartsdale, NY	1.0	1.0	987	$3,300	$3.34	45d	1	1.32mi
55 McKinley Ave Unit D2-3 White Plains, NY	1.0	1.0	809	$2,400	$2.97	45d	1	1.33mi
57 Bank St Unit 1040035P White Plains, NY	2.0	1.0–2.0	726	$9,348	$12.88	4d	3	1.50mi
57 Bank St Unit 1040036P White Plains, NY	1.0	1.0	592	$7,170	$12.11	20d	1	1.50mi

HOA detail condo

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

Listing history 27 events

1. 2026-06-21
   days on market $315,000 Active 81 DOM
2. 2026-06-18
   days on market $315,000 Active 78 DOM
3. 2026-06-17
   days on market $315,000 Active 77 DOM
4. 2026-06-16
   days on market $315,000 Active 76 DOM
5. 2026-06-15
   days on market $315,000 Active 75 DOM
6. 2026-06-13
   days on market $315,000 Active 73 DOM
7. 2026-06-13
   days on market $315,000 Active 72 DOM
8. 2026-06-09
   days on market $315,000 Active 69 DOM
9. 2026-06-08
   days on market $315,000 Active 68 DOM
10. 2026-06-07
    days on market $315,000 Active 67 DOM
11. 2026-06-04
    days on market $315,000 Active 64 DOM
12. 2026-06-03
    days on market $315,000 Active 63 DOM
13. 2026-06-02
    days on market $315,000 Active 62 DOM
14. 2026-06-01
    days on market $315,000 Active 61 DOM
15. 2026-05-31
    days on market $315,000 Active 60 DOM
16. 2026-03-30
    listed $315,000 Active 1822-char remark

    Show marketing remark (1822 chars)

    Commuter’s Dream! Bright, fully renovated corner unit 2-Bedroom Co-op with DEEDED Indoor Heated Parking. An unbeatable location for commuters—just a 5-minute walk to the Metro North station and only 35 minutes to Grand Central Terminal. This sun-drenched and beautifully renovated 2-bedroom, 1-bathroom co-op offers modern elegance, comfort, and convenience. The kitchen showcases General Electric stainless-steel appliances, new ceramic tile flooring, a custom tile backsplash, white wood cabinetry with crown molding, and gorgeous quartz countertops—perfect for both everyday living and entertaining. The bathroom has been fully updated from floor to ceiling, featuring ceramic tile floors and walls, a new vanity and toilet, and a sleek glass sliding door for a clean, contemporary look. Every detail has been thoughtfully upgraded, including custom blinds and shades in every room, two new in-wall air conditioners, new interior doors and hardware, and modern light fixtures throughout. The home also features ample closet space, beautifully refinished hardwood parquet flooring, and elegant base molding that adds warmth and character. Enjoy the convenience of your DEEDED indoor heated parking space—no wait list! Storage when available is just $30 per month. Building amenities include a community laundry room and a playground located at the rear of the property. Ideally situated close to parks, shopping, dining, and entertainment, with easy access to seasonal Bike Sundays on the Bronx River Parkway and the weekly Farmer’s Market. This pet-friendly co-op welcomes up to two cats or one dog (25 lbs. max). Move right in and start enjoying all this exceptional home and neighborhood have to offer. Don’t miss this opportunity—schedule your private showing today!

17. 2026-01-28
    historical
18. 2025-11-13
    listed $329,000 Active
19. 2025-11-10
    historical
20. 2018-08-21
    soldstatus $182,500 Sold
21. 2018-05-31
    historical Pending
22. 2018-05-03
    listed $185,000 Active
23. 2014-01-27
    price $159,900
24. 2008-05-28
    historical
25. 2008-03-17
    listed
26. 2003-12-09
    soldstatus $165,000
27. 2003-09-02
    listed $165,000

ⓘ 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 4/10 Moderate FEMA zone X (unshaded) · 13% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥98°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: $41,538
• − Mortgage interest: −$17,645
• − Property taxes: −$4,725
• − Insurance: −$1,575
• − Repairs & maintenance: −$3,323
• − Management: −$3,323
• − HOA: −$14,748
• − Depreciation: −$9,164
• Taxable loss: −$12,965
• Est. tax savings @ 24.0%: +$3,111
• After-tax cash flow: $-4,944/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: Greenburgh Central School District
• NCES district ID: 3612720
• Math proficiency: 51% ▲ 4.00%
• Reading proficiency: 55% ▲ 5.00%
• Median HH income: $93,626
• Composite: 49.43/100
• National rank: #2005
• State rank: #267 of 590 in NY

Livability — Hartsdale

• Score: 81/100
• State rank: #94
• US rank: #1430

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Hartsdale, NY
• Population (ZIP): 13,955

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: Predominantly White (68%)
• Race & ethnicity: White 68% Hispanic / Latino 12% Asian 10% Two or more races 9% Black 7%
• Hispanic origin (detail): Mexican 2% Puerto Rican 4% Dominican 2%
• Common ancestry: Romanian 9% Scotch-Irish 5% Italian 2%
• Foreign-born: 23% · Canada, China, South Korea
• Languages at home: 71% English-only · Spanish 9% Other Indo-European 6% Russian/Polish/Slavic 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: ▼ -616.16%
• Current HPI: 320.7324
• 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

+90.9% since first listed

12 events — show timeline

• 2026-03-30 Listed $315,000 OneKey® MLS as Distributed by MLS Grid
• 2026-01-28 Listing Removed — OneKey® MLS as Distributed by MLS Grid
• 2025-11-13 Listed $329,000 OneKey® MLS as Distributed by MLS Grid
• 2025-11-10 Coming Soon — OneKey® MLS as Distributed by MLS Grid
• 2018-08-21 Sold (MLS) $182,500 OneKey® MLS as Distributed by MLS Grid
• 2018-05-31 Contingent — OneKey® MLS as Distributed by MLS Grid
• 2018-05-03 Listed $185,000 OneKey® MLS as Distributed by MLS Grid
• 2014-01-27 Price Changed $159,900 HGMLS
• 2008-05-28 Delisted — HGMLS
• 2008-03-17 Listed — HGMLS
• 2003-12-09 Sold (MLS) $165,000 HGMLS
• 2003-09-02 Listed $165,000 HGMLS