14 West St · Port Jervis, NY 12771

$329,000

5 bd · 2.5 ba · 1,946 sqft · MultiFamily public records · 32 Days on market

Built 1870 6,800 sqft lot Est $306k · 8% over

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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 +23.0/30.0
• DSCR +7.4/10.0
• 1% rule +5.8/10.0
• ARV discount +4.0/15.0
• Schools +3.9/10.0
• Livability +3.5/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 2 units. confirmed

Listing remarks MLS

FORECLOSURE -- SOLD "AS IS" LOST ITS TRIPLE FAMILY DESIGNATION REVERTED BACK TO SINGLE FAMILY STATUS

Key facts

• Separate utilities
• Garage building
• 6,800 sq ft lot

Tags

• OVERSIZED PAVED DRIVEWAY
• GARAGE BUILDING
• SEPARATE UTILITIES
• BACK DOORS LEADING TO BACKYARD
• FULL FRONT PORCH DECK
• NEAR SCENIC DELAWARE RIVER

Property features AI

Finance

• Other: Building area reported from public records

Exterior

• Parking: Detached garage(s); One garage space; Driveway; Off-street parking; On-street parking; Private parking
• Utilities: Electric service by Orange & Rockland; Public sewer; Cable available; Electricity connected; Natural gas connected; Sewer connected; Water connected
• Home design: Duplex; See remarks for additional layout details
• Construction: Aluminum siding; Vinyl siding; Frame and stone construction elements; Block and stone foundation
• Exterior features: Mailbox; Partial fencing; Back yard and front yard; Level and sloped areas; Near schools and shops; Paved areas; Bilco door(s) access to basement

Interior

• Bedrooms: Two 2-bedroom units
• Flooring: Carpet; Laminate
• Bathrooms: One full bathroom
• Heating & cooling: Baseboard heating; Hot water heating; Natural gas heating; No central cooling
• Interior features: Ceiling fans; Formal dining; Original details; Washer/dryer hookup; Porch
• Laundry & utility: Washer hookup in unit and in basement; Electric dryer hookup in basement

What this means for you Summary

Snapshot

• This is a 2 × 2.0-bed/1.5-bath units multifamily listed at $329k.

Deal economics

• At list price, monthly cash flow is $583 ($7k/yr) — positive. Per door: $292/mo.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($4k rent vs $329k).
• Recommended offer: $319k (3.0% below list) — sets the bar for market timing.
• Cap rate 8.4% vs local median 4.6% in Port Jervis — 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 69/100 on livability (#475 in NY) — a middle-class / working-renter tenant base. Strengths: health & safety A+, amenities B+, cost of living B+; Watch: housing C-, crime D+, employment F.
• Port Jervis City School District (rural): math 43% / reading 50% proficiency, ranked #451 of 590 in NY (top 76%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Anna S Kuhl Elementary School (math 35% / reading 49%, grade F, #1,361 of 2,108 statewide, top 67%, 755 students, 63% FRL); Port Jervis Middle School (math 22% / reading 35%, grade F, #569 of 729 statewide, top 78%, 379 students, 59% FRL); Port Jervis Senior High School (math 87% / reading 95%, grade A+, #203 of 1,100 statewide, top 20%, 750 students, 55% FRL).
• Market conditions: 107 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 1,746 units permitted in Orange County in 2024 (1,265 in 5+ unit buildings).
• At $3,558/mo this rent would consume 63% of the median local household income ($68k/yr) (locally 792% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $10k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 32 days — a 3% lower offer ($319k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 25y 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 $42k; list at $329k implies a 683% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1870 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major flood risk; extreme-heat days projected 8→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $319,130 (3.0% below list)

Questions for the listing agent

1. It's been on market 32 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
3. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
4. Built in 1870 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
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 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: 1.08% ✓
• Cap rate: 8.42%
• Cash-on-cash: 7.60%
• DSCR: 1.34
• GRM: 7.7

CMA / ARV

• ARV (on-the-fly): $305,522
• Comps found: 7

Show comp detail 7 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
20 Delaware St	0.46mi	4/2.0 (-1)	1,920 (-1%)	1mo	$345,000	$180	68
50 Orange St	0.25mi	4/2.0 (-1)	2,050 (+5%)	9mo	$300,000	$146	65
5 Rumsey St	0.25mi	4/2.0 (-1)	1,772 (-9%)	12mo	$293,700	$166	57
27 Elizabeth Sts	0.26mi	4/2.0 (-1)	1,713 (-12%)	11mo	$190,000	$111	52
106 Ball St	0.59mi	4/2.0 (-1)	1,860 (-4%)	12mo	$305,000	$164	48
35 Hudson St	0.27mi	5/2.0	1,654 (-15%)	17mo	$225,000	$136	47
165 Front St	0.74mi	4/2.0 (-1)	1,788 (-8%)	6mo	$280,000	$157	40

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: -4.7%
• Equity multiple: 0.82×
• Total profit: $-16,137
• Equity at exit: $49,055

10-year hold

• IRR: 5.0%
• Equity multiple: 1.37×
• Total profit: $33,887
• Equity at exit: $28,446

Cash invested: $92,120 (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 12771

• Home prices YoY: -20.1%
• Active inventory: 107
• Price-to-rent: 15.4×

Monthly cashflow live

• Estimated rent: $3,558 high
• Mortgage (P&I): −$1,725
• Tax from tax record: −$365 /mo · $4,382/yr
• Insurance: −$137
• HOA: −$0
• Vacancy / Maint / Mgmt: −$747
• Net cashflow: $583

Break-even live

Break-even rent $2,820

Max offer price $329,000

Occupancy floor 79%

Sensitivity live

Price	-10% $770	-5% $676	+0% $583	+5% $490	+10% $397
Rent	-10% $302	-5% $443	+0% $583	+5% $724	+10% $864
Rate	-1.0pp $749	-0.5pp $667	base $583	+0.5pp $498	+1.0pp $411

2-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
▸ 2× units	2.0	1.5	$3,558
Total (2 units)			$3,558

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: $82,250
• Closing costs: $9,870
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
49 Orange St Port Jervis, NY	4.0	1.0	1688	$2,200	$1.30	44d	1	0.24mi
11 Grandview Ave Port Jervis, NY	4.0	2.5	1800	$2,850	$1.58	13d	1	0.80mi

Listing history 24 events

1. 2026-06-18
   days on market $329,000 Active 32 DOM
2. 2026-06-17
   days on market $329,000 Active 31 DOM
3. 2026-06-16
   days on market $329,000 Active 30 DOM
4. 2026-06-15
   days on market $329,000 Active 29 DOM
5. 2026-06-14
   days on market $329,000 Active 27 DOM
6. 2026-06-13
   days on market $329,000 Active 26 DOM
7. 2026-06-10
   days on market $329,000 Active 24 DOM
8. 2026-06-09
   days on market $329,000 Active 23 DOM
9. 2026-06-08
   days on market $329,000 Active 22 DOM
10. 2026-06-07
    days on market $329,000 Active 21 DOM
11. 2026-06-03
    days on market $329,000 Active 17 DOM
12. 2026-06-02
    days on market $329,000 Active 16 DOM
13. 2026-06-01
    days on market $329,000 Active 15 DOM
14. 2026-05-31
    days on market $329,000 Active 14 DOM
15. 2026-05-30
    days on market $329,000 Active 13 DOM
16. 2026-05-17
    listed $329,000 Active
17. 2012-07-29
    historical
18. 2011-01-29
    listed
19. 2002-01-24
    soldstatus $42,000
20. 2002-01-16
    soldstatus $42,000 115-char remark

    Show marketing remark (115 chars)

    FORECLOSURE -- SOLD "AS IS" LOST ITS TRIPLE FAMILY DESIGNATION REVERTED BACK TO SINGLE FAMILY STATUS

21. 2001-12-16
    price $44,900 115-char remark

    Show marketing remark (115 chars)

    FORECLOSURE -- SOLD "AS IS" LOST ITS TRIPLE FAMILY DESIGNATION REVERTED BACK TO SINGLE FAMILY STATUS

22. 2001-12-16
    historical 115-char remark

    Show marketing remark (115 chars)

    FORECLOSURE -- SOLD "AS IS" LOST ITS TRIPLE FAMILY DESIGNATION REVERTED BACK TO SINGLE FAMILY STATUS

23. 2001-06-22
    listed $42,000 115-char remark

    Show marketing remark (115 chars)

    FORECLOSURE -- SOLD "AS IS" LOST ITS TRIPLE FAMILY DESIGNATION REVERTED BACK TO SINGLE FAMILY STATUS

24. 1998-09-25
    soldstatus $32,500

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

Tax reassessment forecast NY · Partial reset (capped growth)

• Current annual tax: $4,382 · $365/mo
• Projected year-2 tax: $4,971 · $414/mo
• Expected delta: +$589/yr (+$49/mo · 13.4%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 6/10 Major FEMA zone X (shaded) · 72% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 5/10 Major 8 d/yr ≥97°F today · 18 d/yr by 30 yrs out
• 💨 Wind 3/10 Moderate 8% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $42,696
• − Mortgage interest: −$18,429
• − Property taxes: −$4,382
• − Insurance: −$1,645
• − Repairs & maintenance: −$3,416
• − Management: −$3,416
• − Depreciation: −$9,571
• Taxable income: $1,838
• Est. tax owed @ 24.0%: −$441
• After-tax cash flow: $6,558/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: Port Jervis City School District
• NCES district ID: 3623520
• Math proficiency: 43% ▼ -7.00%
• Reading proficiency: 50% ▲ 5.00%
• Median HH income: $44,506
• Composite: 39.33/100
• National rank: #3984
• State rank: #451 of 590 in NY

Livability — Port Jervis

• Score: 69/100
• State rank: #475
• US rank: #8376

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Port Jervis, NY
• County: Orange County · 267,004 people
• City population: 14,049
• Metro: Poughkeepsie-Newburgh-Middletown, NY
• Population (ZIP): 14,049
• Household income: $68,136
• Rent vs Own: 37.8% rent · 62.2% own
• Severe rent burden: 792.0

Population outlook (Orange County) Hauer SSP2

• Today (2025): 379,830 people
• By 2030: 378,955 · -0.2%
• By 2040: 375,444 · -1.2%
• By 2050: 369,311 · -2.8%
• By 2075: 354,233 · -6.7%
• By 2100: 318,150 · -16.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (67%)
• Race & ethnicity: White 67% Hispanic / Latino 18% Two or more races 11% Black 6% Asian 3% Native American 3%
• Hispanic origin (detail): Mexican 3% Puerto Rican 8% Dominican 2%
• Common ancestry: Romanian 5% Iranian 4% Lithuanian 3%
• Foreign-born: 10% · Canada, China, Jamaica
• Languages at home: 84% English-only · Spanish 10% Other Indo-European 3% Chinese 2%

Political lean MEDSL · Orange

• 2024 margin: Lean R (+8.4) · D 45.8% · R 54.2%
• 2008→2024 swing: -12.5pp toward R · 2008: 4.1pp · 2024: -8.4pp
• All cycles: 2024: R+8.4 2020: R+0.2 2016: R+6.5 2012: D+5.2 2008: D+4.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -75.78%
• Current HPI: 301.5132
• Rent YoY: —
• Metro: Poughkeepsie-Newburgh-Middletown, NY
• 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

+912.3% since first listed

9 events — show timeline

• 2026-05-17 Listed $329,000 OneKey® MLS as Distributed by MLS Grid
• 2012-07-29 Delisted — HGMLS
• 2011-01-29 Listed — HGMLS
• 2002-01-24 Sold (Public Records) $42,000 Public Records
• 2002-01-16 Sold (MLS) $42,000 HGMLS
• 2001-12-16 Delisted — HGMLS
• 2001-12-16 Price Changed $44,900 HGMLS
• 2001-06-22 Listed $42,000 HGMLS
• 1998-09-25 Sold (Public Records) $32,500 Public Records

Property tax history

-0.2%/yr

Latest (2025): $4,382 · +5.3% YoY. Source: county tax records.