1 Oakridge Pl Unit 1G · Eastchester, NY 10709

$225,000

1 bd · 1.0 ba · 875 sqft · Condo · 4 Days on market

Built 1960

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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 +27.4/30.0
• DSCR +9.6/10.0
• ARV discount +7.5/15.0
• 1% rule +7.4/10.0
• Schools +7.2/10.0
• Livability +3.9/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Beautiful unit with lots of light. Newly remodeled kitchen and bath. The extra room could be a den or nursery. Parquet floors, large closets. Coveniently located across form the Eastchester library - walk to all. Close to shops, markets and restaurants. Desireable location and building.

Key facts

• Flexible layout
• Hardwood floors
• Exceptional storage

Tags

• FIRST FLOOR APARTMENT
• FLEXIBLE LAYOUT
• SUN FILLED LIVING ROOM
• HARDWOOD FLOORS
• STAINLESS STEEL APPLIANCES
• EXCEPTIONAL STORAGE

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $225k.

Deal economics

• At list price, monthly cash flow is $656 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $225k).
• Cap rate 9.8% vs local median 4.2% in Eastchester — 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 78/100 on livability (#159 in NY, #2,451 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, commute A+, employment A+; Watch: amenities D-, cost of living F, health & safety D-.
• Eastchester Union Free School District (suburban): math 79% / reading 80% proficiency, ranked #42 of 590 in NY (top 7%) — strong family-tenant draw, lease renewals of 3-5y typical; only 2% free/reduced lunch — higher-income household profile.
• Zoned schools: Anne Hutchinson School (math 77% / reading 77%, grade A, #244 of 2,108 statewide, top 13%, 432 students, 0% FRL); Eastchester Middle School (math 56% / reading 76%, grade A-, #118 of 729 statewide, top 16%, 694 students, 0% FRL); Eastchester Senior High School (math 100% / reading 84%, grade A+, #171 of 1,100 statewide, top 18%, 976 students, 0% FRL) — zoned schools at 0% FRL track the district average.
• Market conditions: 54 active listings in the ZIP; 21 comparable units currently listed for rent nearby; rentals at typical pace (median 19d 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 $7k 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 $63k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• Only 4 days on market — expect competitive offers; lowballing is unlikely to land.
• 8 sale attempts since 15y 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 $155k; 45% above their basis — modest negotiation headroom, anchor on the comps not their cost.

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 $225,000

Questions for the listing agent

1. Built in 1960 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. 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?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are A-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?
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: 1.24% ✓
• Cap rate: 9.79%
• Cash-on-cash: 12.49%
• DSCR: 1.56
• GRM: 6.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: 2.2%
• Equity multiple: 1.08×
• Total profit: $5,341
• Equity at exit: $33,548

10-year hold

• IRR: 11.8%
• Equity multiple: 1.93×
• Total profit: $58,594
• Equity at exit: $19,454

Cash invested: $63,000 (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 10709

• Home prices YoY: -21.7%
• Active inventory: 54
• Price-to-rent: 6.7×

Monthly cashflow live

• Estimated rent: $2,798 high
• Mortgage (P&I): −$1,180
• Tax est. 1.5%: −$281 /mo · $3,375/yr
• Insurance: −$94
• HOA: −$0
• Vacancy / Maint / Mgmt: −$588
• Net cashflow: $656

Break-even live

Break-even rent $1,968

Max offer price $225,000

Occupancy floor 72%

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: $56,250
• Closing costs: $6,750
• Reserves months: —
• Total cash needed: —

Rent comps 21 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2 Park Ave Unit 1B Eastchester, NY	1.0	1.0	740	$2,500	$3.38	43d	1	0.17mi
Fisher Ave Eastchester, NY	1.0	1.0	731	$2,500	$3.42	43d	1	0.17mi
Glen Rd Unit H Eastchester, NY	1.0	1.0	612	$2,200	$3.59	43d	1	0.24mi
47 Morgan St Eastchester, NY	2.0	1.0	1000	$4,000	$4.00	43d	1	0.32mi
212 Alpine Pl Tuckahoe, NY	1.0	1.0	700	$2,700	$3.86	19d	1	0.38mi
300 Columbus Ave Tuckahoe, NY	—	1.0	766	$3,100	$4.05	18d	5	0.44mi
40 Jackson Ave Eastchester, NY	1.0	1.0	725	$2,950	$4.07	14d	1	0.62mi
2 Consulate Dr Unit 1J Tuckahoe, NY	1.0	1.0	750	$2,700	$3.60	11d	1	0.62mi
39 Maynard St Unit 2E Tuckahoe, NY	2.0	1.0	875	$2,650	$3.03	43d	1	0.69mi
50 Columbus Ave Unit 817 Tuckahoe, NY	1.0	1.0	750	$3,000	$4.00	21d	1	0.77mi
21 Scarsdale Rd Yonkers, NY	2.0	1.0	835	$3,795	$4.54	1d	21	1.00mi
1 Elm St Unit 3B Tuckahoe, NY	2.0	1.0	1100	$3,200	$2.91	10d	1	1.07mi
1 Elm St Unit 3B Tuckahoe, NY	2.0	1.0	1100	$3,200	$2.91	7d	1	1.07mi
128 Colonial Pkwy Unit 3B Yonkers, NY	1.0	1.0	871	$2,750	$3.16	43d	1	1.13mi
1270 North Ave Unit 2L New Rochelle, NY	—	1.0	650	$2,400	$3.69	15d	1	1.17mi
111 Kensington Rd Unit 8 Bronxville, NY	1.0	1.0	825	$2,650	$3.21	13d	1	1.17mi
64 Kensington Rd Apt 1A Bronxville, NY	1.0	1.0	800	$2,895	$3.62	11d	1	1.33mi
64 Sagamore Rd Unit A6 Bronxville, NY	1.0	1.0	850	$2,900	$3.41	4d	1	1.34mi
7 Dunwoodie St Unit 1S Scarsdale, NY	1.0	1.0	542	$2,500	$4.61	43d	1	1.39mi
152 Summerfield St Unit 1 Left Scarsdale, NY	2.0	1.0	668	$2,850	$4.27	43d	1	1.45mi
837 White Plains Rd Unit 3R Scarsdale, NY	2.0	1.0	950	$2,500	$2.63	7d	1	1.45mi

HOA detail condo

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

Listing history 23 events

1. 2026-03-20
   status Pending
2. 2026-03-16
   listed $225,000 Active
3. 2014-06-12
   price $155,000 Sold 287-char remark

   Show marketing remark (363 chars)

   Beautiful unit with lots of light. Newly remodeled kitchen and bath. The extra room could be a den or nursery. Parquet floors, large closets. Coveniently located across form the Eastchester library - walk to all. Close to shops, markets and restaurants. Desireable location and building. Additional Information: Amenities:Storage,HeatingFuel:Oil Above Ground,

4. 2014-06-12
   soldstatus $155,000 Sold 287-char remark

   Show marketing remark (363 chars)

   Beautiful unit with lots of light. Newly remodeled kitchen and bath. The extra room could be a den or nursery. Parquet floors, large closets. Coveniently located across form the Eastchester library - walk to all. Close to shops, markets and restaurants. Desireable location and building. Additional Information: Amenities:Storage,HeatingFuel:Oil Above Ground,

5. 2014-06-12
   soldstatus $155,000 363-char remark

   Show marketing remark (363 chars)

   Beautiful unit with lots of light. Newly remodeled kitchen and bath. The extra room could be a den or nursery. Parquet floors, large closets. Coveniently located across form the Eastchester library - walk to all. Close to shops, markets and restaurants. Desireable location and building. Additional Information: Amenities:Storage,HeatingFuel:Oil Above Ground,

6. 2014-04-17
   historical Pending 287-char remark

   Show marketing remark (287 chars)

   Beautiful unit with lots of light. Newly remodeled kitchen and bath. The extra room could be a den or nursery. Parquet floors, large closets. Coveniently located across form the Eastchester library - walk to all. Close to shops, markets and restaurants. Desireable location and building.

7. 2014-04-17
   price $160,000 287-char remark

   Show marketing remark (287 chars)

   Beautiful unit with lots of light. Newly remodeled kitchen and bath. The extra room could be a den or nursery. Parquet floors, large closets. Coveniently located across form the Eastchester library - walk to all. Close to shops, markets and restaurants. Desireable location and building.

8. 2014-03-17
   listed $160,000 Active 287-char remark

   Show marketing remark (363 chars)

   Beautiful unit with lots of light. Newly remodeled kitchen and bath. The extra room could be a den or nursery. Parquet floors, large closets. Coveniently located across form the Eastchester library - walk to all. Close to shops, markets and restaurants. Desireable location and building. Additional Information: Amenities:Storage,HeatingFuel:Oil Above Ground,

9. 2014-03-17
   listed $160,000 363-char remark

   Show marketing remark (363 chars)

   Beautiful unit with lots of light. Newly remodeled kitchen and bath. The extra room could be a den or nursery. Parquet floors, large closets. Coveniently located across form the Eastchester library - walk to all. Close to shops, markets and restaurants. Desireable location and building. Additional Information: Amenities:Storage,HeatingFuel:Oil Above Ground,

10. 2013-05-03
    historical
11. 2013-05-02
    historical
12. 2013-03-02
    status Active
13. 2013-01-21
    historical Pending
14. 2012-10-03
    price
15. 2012-07-28
    listed Active
16. 2012-07-20
    historical
17. 2012-07-20
    listed $160,000
18. 2011-12-09
    price
19. 2011-09-01
    status Active
20. 2011-09-01
    historical
21. 2011-06-28
    price
22. 2011-05-23
    price
23. 2011-03-31
    listed Active

ⓘ 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 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: $33,578
• − Mortgage interest: −$12,603
• − Property taxes: −$3,375
• − Insurance: −$1,125
• − Repairs & maintenance: −$2,686
• − Management: −$2,686
• − Depreciation: −$6,545
• Taxable income: $4,557
• Est. tax owed @ 24.0%: −$1,094
• After-tax cash flow: $6,774/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: Eastchester Union Free School District
• NCES district ID: 3610080
• Math proficiency: 79% ▲ 1.00%
• Reading proficiency: 80% ▲ 9.00%
• Median HH income: $96,944
• Composite: 71.74/100
• National rank: #216
• State rank: #42 of 590 in NY

Livability — Eastchester

• Score: 78/100
• State rank: #159
• US rank: #2451

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Eastchester, NY
• City population: 10,274
• Population (ZIP): 10,274

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 (81%)
• Race & ethnicity: White 81% Asian 9% Hispanic / Latino 8% Two or more races 7%
• Hispanic origin (detail): Puerto Rican 4% Dominican 1%
• Common ancestry: Scotch-Irish 3% Russian 2% Slovak 2%
• Foreign-born: 17% · Canada, China, Vietnam
• Languages at home: 77% English-only · Other Indo-European 9% Spanish 4% Other Asian/Pacific 3%

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: ▼ -75.63%
• Current HPI: 273.1667
• 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

+40.6% since first listed

23 events — show timeline

• 2026-03-20 Pending — OneKey® MLS as Distributed by MLS Grid
• 2026-03-16 Listed $225,000 OneKey® MLS as Distributed by MLS Grid
• 2014-06-12 Sold (MLS) $155,000 OneKey® MLS as Distributed by MLS Grid
• 2014-06-12 Sold (MLS) $155,000 HGMLS
• 2014-06-12 Price Changed $155,000 HGMLS
• 2014-04-17 Contingent — HGMLS
• 2014-04-17 Price Changed $160,000 HGMLS
• 2014-03-17 Listed $160,000 HGMLS
• 2014-03-17 Listed $160,000 OneKey® MLS as Distributed by MLS Grid
• 2013-05-03 Delisted — HGMLS
• 2013-05-02 Listing Removed — OneKey® MLS as Distributed by MLS Grid
• 2013-03-02 Relisted — HGMLS
• 2013-01-21 Contingent — HGMLS
• 2012-10-03 Price Changed — HGMLS
• 2012-07-28 Listed — HGMLS
• 2012-07-20 Delisted — HGMLS
• 2012-07-20 Listed $160,000 OneKey® MLS as Distributed by MLS Grid
• 2011-12-09 Price Changed — HGMLS
• 2011-09-01 Relisted — HGMLS
• 2011-09-01 Delisted — HGMLS
• 2011-06-28 Price Changed — HGMLS
• 2011-05-23 Price Changed — HGMLS
• 2011-03-31 Listed — HGMLS