414 Joslen Blvd #1 · Lorenz Park, NY 12534

$129,000

3 bd · 1.5 ba · 1,001 sqft · SingleFamily · 63 Days on market

Built 2026 Excellent condition 0.27 ac lot $129/sqft · 17% above area Est $111k · 17% over

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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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Appreciation +10.0/10.0
• Rent growth +5.0/5.0
• Condition / age +4.8/5.0
• Schools +3.6/10.0
• Livability +3.5/5.0
• ARV discount +0.0/15.0

Listing remarks MLS

Welcome to this beautifully designed, brand new manufactured home located in the heart of Hudson, NY. This spacious 3-bedroom, 2-bathroom home offers 1,001 sqft of thoughtfully planned living space, featuring modern finishes and an open, airy layout. Step out back to a great new deck perfect for the bbq and 3 season enjoyment. With plenty of room to grow and entertain, this turnkey property is ready for you to move in and enjoy from day one. The location is ideal for anyone seeking the charm and convenience of living in Hudson, with easy access to all the attractions and amenities the area has to offer. The Town of Greenport Park is right across the street which has a playground, ball field then adjoins to plenty of walking trails overlooking the Hudson River. The monthly HOA fee of 675 covers taxes and sewer, water is billed separately for each home. Garbage can be done independently or the park has a group rate a new buyer can join. Exciting improvements are underway in the community, many new homes are being installed and improvement rules are being enforced. With the main roadways being paved next season, adding even more value and comfort to your new home.

Key facts

• Great new deck
• Children's play area
• Hudson river

Tags

• NEW MANUFACTURED HOME
• GREAT NEW DECK
• CHILDREN'S PLAY AREA
• WALKING TRAILS
• HUDSON RIVER

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $129k. Condition is rated excellent.

Deal economics

• At list price, monthly cash flow is $1k ($14k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $129k).
• Recommended offer: $121k (6.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 69/100 on livability (#498 in NY) — a middle-class / working-renter tenant base. Strengths: housing A+, crime A, health & safety A; Watch: employment C-, schools F, amenities F.
• Hudson City School District (town): math 38% / reading 47% proficiency, ranked #494 of 590 in NY (top 84%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising fast (+10.9%/yr); 161 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 136 units permitted in Columbia County in 2024 (0 in 5+ unit buildings).
• This rent runs 44% of the median local income ($73k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $14k of equity ($892 loan paydown + $13k appreciation (10.0% local appreciation)).
• Columbia County population projected at -22% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (10.0% appreciation + 8.0% rent growth), your $36k cash investment doubles in ~2 years — after that, you're playing with house money.
• By year 3, paydown + projected appreciation supports a ~$35k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 63 days — a 6% lower offer ($121k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts 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.

Recommended offer $121,260 (6.0% below list)

Questions for the listing agent

1. It's been on market 63 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
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 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: 2.06% ✓
• Cap rate: 17.49%
• Cash-on-cash: 40.00%
• DSCR: 2.78
• GRM: 4.1

CMA / ARV

• ARV (median comp): $110,538
• List price: $129,000
• Delta: 16.70%
• Verdict: OVERPRICED
• Comps: 3 within 1.0 mi

Show comp detail 10 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
323 Lincoln Blvd	0.21mi	3/1.0	1,095 (+9%)	9mo	$275,000	$251	65
414 Joslen Lot #2 Blvd	0.00mi	3/2.0	920 (-8%)	24mo	$40,000	$43	65
10 Livingston Parkway Pkwy	0.41mi	3/1.0	960 (-4%)	15mo	$217,000	$226	60
440 Joslen Blvd	0.16mi	3/1.0	1,136 (+14%)	15mo	$327,000	$288	56
460 Joslen Blvd	0.28mi	3/1.0	1,148 (+15%)	10mo	$400,000	$348	52
146 Joslen Blvd	0.75mi	3/1.0	1,089 (+9%)	0mo	$237,500	$218	48
325 Fairview Avenue Ave	0.68mi	3/1.0	1,000 (-0%)	22mo	$207,000	$207	48
7 James St	0.66mi	2/1.5 (-1)	1,100 (+10%)	2mo	$305,000	$277	46
324 Fairview Ave	0.30mi	2/1.0 (-1)	864 (-14%)	20mo	$305,000	$353	39
22 Virginia Ave	0.56mi	2/1.0 (-1)	1,060 (+6%)	23mo	$200,000	$189	38

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

Projected returns pro-forma

10.0% appreciation · 8.0% rent growth · sell at horizon

5-year hold

• IRR: 58.7%
• Equity multiple: 5.46×
• Total profit: $161,002
• Equity at exit: $116,213

10-year hold

• IRR: 54.3%
• Equity multiple: 13.42×
• Total profit: $448,627
• Equity at exit: $250,619

Cash invested: $36,120 (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 12534

• Home prices YoY: 5.6%
• Rents YoY: 10.9%
• Active inventory: 161
• Price-to-rent: 4.1×

Monthly cashflow live

• Estimated rent: $2,653 medium
• Mortgage (P&I): −$676
• Tax est. 1.5%: −$161 /mo · $1,935/yr
• Insurance: −$54
• HOA: −$0
• Vacancy / Maint / Mgmt: −$557
• Net cashflow: $1,204

Break-even live

Break-even rent $1,128

Max offer price $129,000

Occupancy floor 50%

Sensitivity live

Price	-10% $1,293	-5% $1,249	+0% $1,204	+5% $1,159	+10% $1,115
Rent	-10% $995	-5% $1,099	+0% $1,204	+5% $1,309	+10% $1,414
Rate	-1.0pp $1,269	-0.5pp $1,237	base $1,204	+0.5pp $1,171	+1.0pp $1,137

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: $32,250
• Closing costs: $3,870
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
540 Joslen Blvd Hudson, NY	1.0–2.0	1.0–2.0	733	$2,250	$3.07	22d	1	0.60mi

Listing history 17 events

1. 2026-06-19
   days on market $129,000 Active 63 DOM
2. 2026-06-18
   days on market $129,000 Active 62 DOM
3. 2026-06-17
   days on market $129,000 Active 61 DOM
4. 2026-06-16
   days on market $129,000 Active 60 DOM
5. 2026-06-15
   days on market $129,000 Active 59 DOM
6. 2026-06-14
   days on market $129,000 Active 57 DOM
7. 2026-06-12
   days on market $129,000 Active 56 DOM
8. 2026-06-09
   days on market $129,000 Active 53 DOM
9. 2026-06-08
   days on market $129,000 Active 52 DOM
10. 2026-06-07
    days on market $129,000 Active 51 DOM
11. 2026-06-04
    days on market $129,000 Active 47 DOM
12. 2026-06-02
    days on market $129,000 Active 46 DOM
13. 2026-06-01
    days on market $129,000 Active 45 DOM
14. 2026-05-31
    days on market $129,000 Active 44 DOM
15. 2026-05-31
    days on market $129,000 Active 43 DOM
16. 2026-04-16
    listed $129,000 Active 1179-char remark

    Show marketing remark (1179 chars)

    Welcome to this beautifully designed, brand new manufactured home located in the heart of Hudson, NY. This spacious 3-bedroom, 2-bathroom home offers 1,001 sqft of thoughtfully planned living space, featuring modern finishes and an open, airy layout. Step out back to a great new deck perfect for the bbq and 3 season enjoyment. With plenty of room to grow and entertain, this turnkey property is ready for you to move in and enjoy from day one. The location is ideal for anyone seeking the charm and convenience of living in Hudson, with easy access to all the attractions and amenities the area has to offer. The Town of Greenport Park is right across the street which has a playground, ball field then adjoins to plenty of walking trails overlooking the Hudson River. The monthly HOA fee of 675 covers taxes and sewer, water is billed separately for each home. Garbage can be done independently or the park has a group rate a new buyer can join. Exciting improvements are underway in the community, many new homes are being installed and improvement rules are being enforced. With the main roadways being paved next season, adding even more value and comfort to your new home.

17. 2026-03-04
    listed $129,000 Active 1212-char remark

    Show marketing remark (1212 chars)

    Limited time to Pic your colors! To be built manufactured home located in the heart of Hudson, NY, offering customization options including the opportunity to select your own colors and finishes. This thoughtfully designed home will feature 3 bedrooms, 2 full bathrooms, and approximately 1,001 square feet of living space with a modern open-concept layout and quality finishes throughout. The home will include a newly constructed rear deck, ideal for outdoor dining and seasonal enjoyment. The interior layout provides comfortable living and entertaining space with a functional and efficient design. Conveniently located directly across from the Town of Greenport Park, which offers a children's playground, ball field, and walking trails with Hudson River views. The property provides easy access to Hudson's shopping, dining, and local amenities. Monthly HOA fee of 700 includes taxes and sewer. Water is billed separately per home. Garbage service may be arranged independently or through an optional community group rate. Community improvements are currently underway, including installation of new homes and enforcement of updated community standards. Main roadways are scheduled to be paved next season.

ⓘ 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 · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 4/10 Moderate 7 d/yr ≥98°F today · 16 d/yr by 30 yrs out
• 💨 Wind 3/10 Moderate 9% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $31,831
• − Mortgage interest: −$7,226
• − Property taxes: −$1,935
• − Insurance: −$645
• − Repairs & maintenance: −$2,546
• − Management: −$2,546
• − Depreciation: −$3,753
• Taxable income: $13,179
• Est. tax owed @ 24.0%: −$3,163
• After-tax cash flow: $11,286/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.

Condition & rehab AI · 12 photos

Excellent 95/100 None rehab

This beautifully designed, brand new manufactured home is move-in ready with modern finishes and an open, airy layout. The location is ideal for anyone seeking the charm and convenience of living in Hudson, NY.

Value-add opportunities

• Both landscaping — improves curb appeal and adds value
• Both furniture — provides a move-in-ready experience
• Both decor — enhances the home's aesthetic and appeal

Renovation cost estimate screening

Value-add ROI direction

• Both landscaping — improves curb appeal and adds value ↑
• Both furniture — provides a move-in-ready experience ↑
• Both decor — enhances the home's aesthetic and appeal ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Hudson City School District
• NCES district ID: 3614940
• Math proficiency: 38% ▲ 4.00%
• Reading proficiency: 47% ▲ 7.00%
• Median HH income: $44,663
• Composite: 36.03/100
• National rank: #4779
• State rank: #494 of 590 in NY

Livability — Lorenz Park

• Score: 69/100
• State rank: #498
• US rank: #8738

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Lorenz Park, NY
• County: Columbia County · 17,176 people
• Metro: Hudson, NY
• Population (ZIP): 17,176
• Household income: $72,741
• Rent vs Own: 36.4% rent · 63.6% own
• Severe rent burden: 1083.0

Population outlook (Columbia County) Hauer SSP2

• Today (2025): 58,662 people
• By 2030: 56,557 · -3.6%
• By 2040: 51,324 · -12.5%
• By 2050: 45,790 · -21.9%
• By 2075: 35,232 · -39.9%
• By 2100: 25,846 · -55.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (74%)
• Race & ethnicity: White 74% Two or more races 7% Black 7% Hispanic / Latino 7% Asian 6%
• Hispanic origin (detail): Mexican 2% Puerto Rican 1%
• Common ancestry: Lithuanian 4% Romanian 4% Iranian 3%
• Foreign-born: 10% · Canada, China
• Languages at home: 88% English-only · Spanish 5% Other Indo-European 3% Chinese 1%

Political lean MEDSL · Columbia

• 2024 margin: D (+14.7) · D 57.4% · R 42.6%
• 2008→2024 swing: +1.3pp toward D · 2008: 13.4pp · 2024: 14.7pp
• All cycles: 2024: D+14.7 2020: D+16.7 2016: D+1.4 2012: D+11.7 2008: D+13.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 25.98%
• Current HPI: 490.0412
• Rent YoY: ▲ 10.88%
• Metro: Hudson, 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

+0.0% since first listed

2 events — show timeline

• 2026-04-16 Listed $129,000 OneKey® MLS as Distributed by MLS Grid
• 2026-03-04 Listed $129,000 HVCRMLS