10344 N Main St N · North East, PA 14736

$160,000

4 bd · 1.5 ba · 1,753 sqft · SingleFamily public records · 193 Days on market

Built 1900 1.87 ac lot $91/sqft · 49% below area Est $317k · 49% under

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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).

• ARV discount +15.0/15.0
• Cash flow +13.1/30.0
• Schools +5.2/10.0
• Livability +4.4/5.0
• DSCR +3.9/10.0
• 1% rule +3.0/10.0
• Appreciation +3.0/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Welcome to Findley Lake! Motived seller offering a full home warranty including the septic and well. This 4 bedroom residence awaits your finishing touches. Notable features include a metal roof and new toilets. This spacious 4 bedroom, 1.5 bath Colonial Cottage is situated on 1.10 acres, boasting a covered front patio and sliding glass doors that lead to a relaxing outdoor space adjacent to the open kitchen, dining, and living room area, complete with original open beamed ceilings. The primary bedroom, located off the living area, features tall ceilings and ample closet space. A small office/pantry/storage/media room, first floor full bath with shower, and first-floor laundry area are also accessible from the hallway. The original wooden stairway leads to a small loft/reading nook/office area, complete with under-eave storage in the hallway, two bedrooms, and a half bath. The left side of the home features a raised deck area and side entry hall with coat closet. Additional features include a full basement with dirt/gravel flooring and a backyard walkout. Recent upgrades include a new roof (2021), new furnace and ductwork (2021), new support beams, new water heater, renovated first-floor bath, new kitchen plumbing, added outside faucet, and a septic system that was last pumped 12 months ago. The well features a new water pump and well head extension. With the major renovations complete, this home is ready for your personal touches. Suitable for year-round or seasonal occupancy, it also presents an excellent opportunity for an Airbnb venture with the necessary certificates of occupancy. Enjoy views of the lake from the top floor, and take advantage of the firepit for summer gatherings. The property's proximity to Findley Lake, winery trails, Erie, PA, snowmobile trails, Pine Junction Restaurant, and Peak N Peek ski resort makes it an ideal location for outdoor enthusiasts. Findley Lake provide a range of activities, including kayaking, boating, hiking, biking, and fishing. Some photos have been staged to show what the property could look like with furniture and finishing touches.

Key facts

• 1.87 acre lot
• Built 1900
• Listed 193 days

What this means for you Summary

Snapshot

• This is a 4-bed/1.5-bath single-family listed at $160k.

Deal economics

• At list price, monthly cash flow is $-7 ($-82/yr) — negative.
• To cash-flow at today's rent, offer at most $159k (0.8% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $127k (20.4% below list).
• Recommended offer: $127k (20.4% below list) — sets the bar for 1% rule.
• Cap rate 6.2% vs local median 3.3% in North East — 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 88/100 on livability (#42 in PA, #233 nationally) — a professional / high-income tenant draw. Strengths: cost of living A+, housing A+, health & safety A+.
• Clymer Central School District (rural): math 62% / reading 57% proficiency, ranked #291 of 755 in NY (top 38%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 127 units permitted in Chautauqua County in 2024 (0 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.
• Chautauqua County population projected at -22% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 193 days — a 12% lower offer ($141k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 7y ago; this cycle's ask has dropped $30k (16%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $49k; list at $160k implies a 227% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1900 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $127,410 (20.4% 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 193 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 1900 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
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: 0.80% ✗
• Cap rate: 6.24%
• Cash-on-cash: -0.18%
• DSCR: 0.99
• GRM: 10.5

CMA / ARV

• ARV (median comp): $316,572
• List price: $160,000
• Delta: -49.46%
• Verdict: UNDERPRICED
• Comps: 9 within 1.0 mi

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2834 North Rd	0.11mi	4/2.0	1,878 (+7%)	11mo	$185,000	$99	72
10352 Main St	0.03mi	3/1.5 (-1)	1,816 (+4%)	24mo	$240,000	$132	68

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

Projected returns pro-forma

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

5-year hold

• IRR: -16.6%
• Equity multiple: 0.41×
• Total profit: $-26,398
• Equity at exit: $23,857

10-year hold

• IRR: -8.5%
• Equity multiple: 0.47×
• Total profit: $-23,698
• Equity at exit: $13,834

Cash invested: $44,800 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 62 Landlord-Friendly
• State Pennsylvania: 62 Landlord-Friendly · EVEN
• County: — inherits STATE
• City: — inherits STATE

10-day notice; Philadelphia has eviction-court diversion + some protections; otherwise moderate.

Methodology + full state rankings →

ZIP-level market 14736

• Home prices YoY: -1.2%
• Price-to-rent: 10.5×

Monthly cashflow live

• Estimated rent: $1,274 medium
• Mortgage (P&I): −$839
• Tax from tax record: −$108 /mo · $1,292/yr
• Insurance: −$67
• HOA: −$0
• Vacancy / Maint / Mgmt: −$268
• Net cashflow: $-7

Break-even live

Break-even rent $1,283

Max offer price $158,797

Occupancy floor 96%

Sensitivity live

Price	-10% $84	-5% $38	+0% $-7	+5% $-52	+10% $-97
Rent	-10% $-107	-5% $-57	+0% $-7	+5% $44	+10% $94
Rate	-1.0pp $74	-0.5pp $34	base $-7	+0.5pp $-48	+1.0pp $-90

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: $40,000
• Closing costs: $4,800
• Reserves months: —
• Total cash needed: —

Listing history 37 events

1. 2026-06-21
   days on market $160,000 Active 193 DOM
2. 2026-06-18
   days on market $160,000 Active 191 DOM
3. 2026-06-17
   days on market $160,000 Active 190 DOM
4. 2026-06-16
   days on market $160,000 Active 189 DOM
5. 2026-06-15
   days on market $160,000 Active 188 DOM
6. 2026-06-13
   days on market $160,000 Active 186 DOM
7. 2026-06-12
   pricedays on market $160,000 Active 185 DOM
8. 2026-06-09
   days on market $163,000 Active 182 DOM
9. 2026-06-08
   days on market $163,000 Active 181 DOM
10. 2026-06-07
    days on market $163,000 Active 180 DOM
11. 2026-06-07
    days on market $163,000 Active 179 DOM
12. 2026-06-04
    days on market $163,000 Active 176 DOM
13. 2026-06-02
    days on market $163,000 Active 175 DOM
14. 2026-06-01
    days on market $163,000 Active 174 DOM
15. 2026-05-31
    days on market $163,000 Active 173 DOM
16. 2026-04-11
    price $163,000 2116-char remark

    Show marketing remark (2116 chars)

    Welcome to Findley Lake! Motived seller offering a full home warranty including the septic and well. This 4 bedroom residence awaits your finishing touches. Notable features include a metal roof and new toilets. This spacious 4 bedroom, 1.5 bath Colonial Cottage is situated on 1.10 acres, boasting a covered front patio and sliding glass doors that lead to a relaxing outdoor space adjacent to the open kitchen, dining, and living room area, complete with original open beamed ceilings. The primary bedroom, located off the living area, features tall ceilings and ample closet space. A small office/pantry/storage/media room, first floor full bath with shower, and first-floor laundry area are also accessible from the hallway. The original wooden stairway leads to a small loft/reading nook/office area, complete with under-eave storage in the hallway, two bedrooms, and a half bath. The left side of the home features a raised deck area and side entry hall with coat closet. Additional features include a full basement with dirt/gravel flooring and a backyard walkout. Recent upgrades include a new roof (2021), new furnace and ductwork (2021), new support beams, new water heater, renovated first-floor bath, new kitchen plumbing, added outside faucet, and a septic system that was last pumped 12 months ago. The well features a new water pump and well head extension. With the major renovations complete, this home is ready for your personal touches. Suitable for year-round or seasonal occupancy, it also presents an excellent opportunity for an Airbnb venture with the necessary certificates of occupancy. Enjoy views of the lake from the top floor, and take advantage of the firepit for summer gatherings. The property's proximity to Findley Lake, winery trails, Erie, PA, snowmobile trails, Pine Junction Restaurant, and Peak N Peek ski resort makes it an ideal location for outdoor enthusiasts. Findley Lake provide a range of activities, including kayaking, boating, hiking, biking, and fishing. Some photos have been staged to show what the property could look like with furniture and finishing touches.

17. 2026-03-29
    price $180,000 2116-char remark

    Show marketing remark (2116 chars)

    Welcome to Findley Lake! Motived seller offering a full home warranty including the septic and well. This 4 bedroom residence awaits your finishing touches. Notable features include a metal roof and new toilets. This spacious 4 bedroom, 1.5 bath Colonial Cottage is situated on 1.10 acres, boasting a covered front patio and sliding glass doors that lead to a relaxing outdoor space adjacent to the open kitchen, dining, and living room area, complete with original open beamed ceilings. The primary bedroom, located off the living area, features tall ceilings and ample closet space. A small office/pantry/storage/media room, first floor full bath with shower, and first-floor laundry area are also accessible from the hallway. The original wooden stairway leads to a small loft/reading nook/office area, complete with under-eave storage in the hallway, two bedrooms, and a half bath. The left side of the home features a raised deck area and side entry hall with coat closet. Additional features include a full basement with dirt/gravel flooring and a backyard walkout. Recent upgrades include a new roof (2021), new furnace and ductwork (2021), new support beams, new water heater, renovated first-floor bath, new kitchen plumbing, added outside faucet, and a septic system that was last pumped 12 months ago. The well features a new water pump and well head extension. With the major renovations complete, this home is ready for your personal touches. Suitable for year-round or seasonal occupancy, it also presents an excellent opportunity for an Airbnb venture with the necessary certificates of occupancy. Enjoy views of the lake from the top floor, and take advantage of the firepit for summer gatherings. The property's proximity to Findley Lake, winery trails, Erie, PA, snowmobile trails, Pine Junction Restaurant, and Peak N Peek ski resort makes it an ideal location for outdoor enthusiasts. Findley Lake provide a range of activities, including kayaking, boating, hiking, biking, and fishing. Some photos have been staged to show what the property could look like with furniture and finishing touches.

18. 2026-01-08
    price $185,000 2116-char remark

    Show marketing remark (2116 chars)

    Welcome to Findley Lake! Motived seller offering a full home warranty including the septic and well. This 4 bedroom residence awaits your finishing touches. Notable features include a metal roof and new toilets. This spacious 4 bedroom, 1.5 bath Colonial Cottage is situated on 1.10 acres, boasting a covered front patio and sliding glass doors that lead to a relaxing outdoor space adjacent to the open kitchen, dining, and living room area, complete with original open beamed ceilings. The primary bedroom, located off the living area, features tall ceilings and ample closet space. A small office/pantry/storage/media room, first floor full bath with shower, and first-floor laundry area are also accessible from the hallway. The original wooden stairway leads to a small loft/reading nook/office area, complete with under-eave storage in the hallway, two bedrooms, and a half bath. The left side of the home features a raised deck area and side entry hall with coat closet. Additional features include a full basement with dirt/gravel flooring and a backyard walkout. Recent upgrades include a new roof (2021), new furnace and ductwork (2021), new support beams, new water heater, renovated first-floor bath, new kitchen plumbing, added outside faucet, and a septic system that was last pumped 12 months ago. The well features a new water pump and well head extension. With the major renovations complete, this home is ready for your personal touches. Suitable for year-round or seasonal occupancy, it also presents an excellent opportunity for an Airbnb venture with the necessary certificates of occupancy. Enjoy views of the lake from the top floor, and take advantage of the firepit for summer gatherings. The property's proximity to Findley Lake, winery trails, Erie, PA, snowmobile trails, Pine Junction Restaurant, and Peak N Peek ski resort makes it an ideal location for outdoor enthusiasts. Findley Lake provide a range of activities, including kayaking, boating, hiking, biking, and fishing. Some photos have been staged to show what the property could look like with furniture and finishing touches.

19. 2025-12-09
    listed $190,000 Active 2116-char remark

    Show marketing remark (2116 chars)

    Welcome to Findley Lake! Motived seller offering a full home warranty including the septic and well. This 4 bedroom residence awaits your finishing touches. Notable features include a metal roof and new toilets. This spacious 4 bedroom, 1.5 bath Colonial Cottage is situated on 1.10 acres, boasting a covered front patio and sliding glass doors that lead to a relaxing outdoor space adjacent to the open kitchen, dining, and living room area, complete with original open beamed ceilings. The primary bedroom, located off the living area, features tall ceilings and ample closet space. A small office/pantry/storage/media room, first floor full bath with shower, and first-floor laundry area are also accessible from the hallway. The original wooden stairway leads to a small loft/reading nook/office area, complete with under-eave storage in the hallway, two bedrooms, and a half bath. The left side of the home features a raised deck area and side entry hall with coat closet. Additional features include a full basement with dirt/gravel flooring and a backyard walkout. Recent upgrades include a new roof (2021), new furnace and ductwork (2021), new support beams, new water heater, renovated first-floor bath, new kitchen plumbing, added outside faucet, and a septic system that was last pumped 12 months ago. The well features a new water pump and well head extension. With the major renovations complete, this home is ready for your personal touches. Suitable for year-round or seasonal occupancy, it also presents an excellent opportunity for an Airbnb venture with the necessary certificates of occupancy. Enjoy views of the lake from the top floor, and take advantage of the firepit for summer gatherings. The property's proximity to Findley Lake, winery trails, Erie, PA, snowmobile trails, Pine Junction Restaurant, and Peak N Peek ski resort makes it an ideal location for outdoor enthusiasts. Findley Lake provide a range of activities, including kayaking, boating, hiking, biking, and fishing. Some photos have been staged to show what the property could look like with furniture and finishing touches.

20. 2025-12-07
    historical
21. 2025-11-22
    price $197,000
22. 2025-11-11
    price $205,000
23. 2025-10-08
    price $210,000
24. 2025-09-22
    price $225,000
25. 2025-08-30
    price $233,000
26. 2025-08-25
    price $243,000
27. 2025-06-11
    listed $245,000 Active
28. 2020-12-11
    soldstatus $49,000 Closed Sale or Rented
29. 2020-08-31
    status Pending Sale
30. 2020-07-20
    listed $54,900 Active
31. 2020-06-01
    historical
32. 2020-01-01
    listed $54,900 Active
33. 2019-12-17
    historical
34. 2019-12-09
    price $54,900
35. 2019-10-26
    price $59,900
36. 2019-06-27
    listed $69,900 Active
37. 2002-05-20
    soldstatus $26,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast PA · Partial reset (capped growth)

• Current annual tax: $1,292 · $108/mo
• Projected year-2 tax: $1,910 · $159/mo
• Expected delta: +$618/yr (+$52/mo · 47.9%)

ⓘ 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 1/10 Low
• 🌡 Heat 1/10 Low 7 d/yr ≥91°F today · 18 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,289
• − Mortgage interest: −$8,962
• − Property taxes: −$1,292
• − Insurance: −$800
• − Repairs & maintenance: −$1,223
• − Management: −$1,223
• − Depreciation: −$4,655
• Taxable loss: −$2,866
• Est. tax savings @ 24.0%: +$688
• After-tax cash flow: $606/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: Clymer Central School District
• NCES district ID: 3607890
• Math proficiency: 62% ▲ 6.00%
• Reading proficiency: 57% ▲ 5.00%
• Median HH income: $46,360
• Composite: 51.95/100
• National rank: #3542
• State rank: #291 of 755 in NY

Livability — North East

• Score: 88/100
• State rank: #42
• US rank: #233

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 210

Population outlook (Chautauqua County) Hauer SSP2

• Today (2025): 123,454 people
• By 2030: 118,509 · -4.0%
• By 2040: 107,311 · -13.1%
• By 2050: 96,703 · -21.7%
• By 2075: 76,757 · -37.8%
• By 2100: 60,984 · -50.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (100%)
• Race & ethnicity: White 100%
• Common ancestry: Slovak 30% Romanian 2% Scotch-Irish 2%
• Foreign-born: 2%
• Languages at home: 90% English-only · Russian/Polish/Slavic 8% German/W. Germanic 2%

Political lean MEDSL · Chautauqua

• 2024 margin: Strong R (+22.0) · D 39.0% · R 61.0%
• 2008→2024 swing: -22.9pp toward R · 2008: 0.9pp · 2024: -22.0pp
• All cycles: 2024: R+22.0 2020: R+19.8 2016: R+24.6 2012: R+8.2 2008: D+0.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -4.09%
• Current HPI: 344.1714
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 1.68%
• F500 in state: 34

Industry mix (Fortune 500 HQ in PA)

Industry	F500 HQs	Revenue
▸Healthcare	2	$309B
▸Insurance	2	$27B
▸Telecommunications / Media	1	$124B
▸Industrial Distribution	1	$22B
▸Financial Services	1	$20B
▸Chemicals / Materials	1	$18B

Price history

+526.9% since first listed

22 events — show timeline

• 2026-04-11 Price Changed $163,000 WNYREIS
• 2026-03-29 Price Changed $180,000 WNYREIS
• 2026-01-08 Price Changed $185,000 WNYREIS
• 2025-12-09 Listed $190,000 WNYREIS
• 2025-12-07 Listing Removed — UNYREIS
• 2025-11-22 Price Changed $197,000 UNYREIS
• 2025-11-11 Price Changed $205,000 UNYREIS
• 2025-10-08 Price Changed $210,000 UNYREIS
• 2025-09-22 Price Changed $225,000 UNYREIS
• 2025-08-30 Price Changed $233,000 UNYREIS
• 2025-08-25 Price Changed $243,000 UNYREIS
• 2025-06-11 Listed $245,000 UNYREIS
• 2020-12-11 Sold (MLS) $49,000 UNYREIS
• 2020-08-31 Pending — UNYREIS
• 2020-07-20 Listed $54,900 UNYREIS
• 2020-06-01 Listing Removed — UNYREIS
• 2020-01-01 Listed $54,900 UNYREIS
• 2019-12-17 Listing Removed — UNYREIS
• 2019-12-09 Price Changed $54,900 UNYREIS
• 2019-10-26 Price Changed $59,900 UNYREIS
• 2019-06-27 Listed $69,900 UNYREIS
• 2002-05-20 Sold (Public Records) $26,000 Public Records

Property tax history

-5.3%/yr

Latest (2025): $1,292 · +2.0% YoY. Source: county tax records.