4315 Webster Ave Unit 5E · New York, NY 10470

$243,000

2 bd · 1.0 ba · 913 sqft · Condo · 116 Days on market

Built 1957

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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 +19.5/30.0
• ARV discount +7.5/15.0
• DSCR +6.2/10.0
• 1% rule +5.2/10.0
• Schools +5.0/10.0
• Livability +3.8/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Welcome to this bright and spacious two-bedroom, one-bath co-op residence situated in the desirable Woodlawn Heights neighborhood of the Bronx. Rich hardwood floors throughout the unit, lending warmth and timeless appeal. A sizable living room with abundant natural light and open-sky views from upper floors. Amenities and shared conveniences: On-site superintendent, laundry room in building, bike rack (annual fee), and waitlist for assigned parking. Nestled in Woodlawn Heights, a pleasant, tree-lined residential neighborhood at the northern edge of the Bronx, with a strong sense of community. Convenient for commuting: close to the Metro-North Harlem Line station, access to the 2 & 5 s

Key facts

• Laundry room
• Natural light
• Bike rack

Tags

• HARDWOOD FLOORS
• NATURAL LIGHT
• OPEN-SKY VIEWS
• ON-SITE SUPERINTENDENT
• LAUNDRY ROOM
• BIKE RACK

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath condo listed at $243k.

Deal economics

• At list price, monthly cash flow is $276 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $243k).
• Recommended offer: $221k (9.0% below list) — sets the bar for market timing.
• Cap rate 7.7% vs local median 2.6% in New York — 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 75/100 on livability (#268 in NY, #4,188 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, health & safety A; Watch: crime F, cost of living F.
• Market conditions: 66 active listings in the ZIP; 19 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 6,929 units permitted in Bronx County in 2024 (6,829 in 5+ unit buildings).
• This rent runs 33% of the median local income ($90k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

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.
• Bronx County population projected at +21% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 116 days — a 9% lower offer ($221k) is reasonable based on typical stale-listing flexibility.
• 9 sale attempts since 12y ago; this cycle's ask has dropped $16k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $160k; list at $243k implies a 52% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1957 — expect roof / HVAC / electrical / plumbing capex.
• 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 $221,130 (9.0% below list)

Questions for the listing agent

1. It's been on market 116 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1957 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. 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?
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. Crime grade is F 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?
8. 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.
9. 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.
10. 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: 1.02% ✓
• Cap rate: 7.65%
• Cash-on-cash: 4.86%
• DSCR: 1.22
• GRM: 8.2

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: -8.7%
• Equity multiple: 0.68×
• Total profit: $-21,784
• Equity at exit: $36,232

10-year hold

• IRR: 0.8%
• Equity multiple: 1.06×
• Total profit: $3,787
• Equity at exit: $21,010

Cash invested: $68,040 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (CITY): 0 Strongly Tenant-Friendly
• State New York: 15 Strongly Tenant-Friendly · D+10
• County: — inherits STATE
• City New York: 0 Strongly Tenant-Friendly · D+34

Rent Stabilization Code; HSTPA; 6+ months in housing court.

Methodology + full state rankings →

ZIP-level market 10470

• Home prices YoY: -28.6%
• Active inventory: 66
• Price-to-rent: 8.2×

Monthly cashflow live

• Estimated rent: $2,475 high
• Mortgage (P&I): −$1,274
• Tax est. 1.5%: −$304 /mo · $3,645/yr
• Insurance: −$101
• HOA: −$0
• Vacancy / Maint / Mgmt: −$520
• Net cashflow: $276

Break-even live

Break-even rent $2,126

Max offer price $243,000

Occupancy floor 84%

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: $60,750
• Closing costs: $7,290
• Reserves months: —
• Total cash needed: —

Rent comps 19 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
135 Wakefield Ave Yonkers, NY	2.0	1.0	850	$3,000	$3.53	43d	2	0.47mi
216 1st St Unit 1 Yonkers, NY	1.0	1.0	600	$2,000	$3.33	43d	1	0.64mi
255 Bronx River Rd Unit 4R Yonkers, NY	1.0	1.0	800	$2,250	$2.81	24d	1	0.73mi
2325 Cortlandt St Unit 4 Mt Vernon, NY	2.0	1.0	700	$2,300	$3.29	24d	1	0.92mi
675 McLean Ave Unit 006H Yonkers, NY	1.0	1.0	577	$2,071	$3.59	4d	1	0.96mi
119 S 13th Ave Mount Vernon, NY	2.0	1.0	800	$2,997	$3.75	13d	1	1.04mi
20 Overhill Pl Unit 3 Yonkers, NY	2.0	1.0	800	$3,000	$3.75	43d	1	1.07mi
119 S 11th Ave Unit 1 Mt Vernon, NY	2.0	1.0	700	$2,800	$4.00	11d	1	1.15mi
356 S Tenth Ave Unit 2nd Floor Mt Vernon, NY	3.0	2.0	1100	$3,850	$3.50	24d	1	1.19mi
13 N Bond St Mount Vernon, NY	1.0	1.0	600	$1,785	$2.98	24d	1	1.20mi
18 N Bond St Unit 3D Mt Vernon, NY	1.0	1.0	750	$2,000	$2.67	24d	1	1.20mi
32 N Bond St Mount Vernon, NY	1.0	1.0	850	$1,900	$2.24	7d	1	1.24mi
495 Kimball Ave Unit First Floor Yonkers, NY	2.0	1.0	1100	$3,000	$2.73	43d	1	1.29mi
142 Trenchard St Unit 2E Yonkers, NY	1.0	1.0	900	$2,250	$2.50	11d	1	1.34mi
150 S 6th Ave Unit 2 Mt Vernon, NY	1.0	1.0	800	$2,500	$3.12	7d	1	1.37mi
150 S 6th Ave Unit 2 Mt Vernon, NY	1.0	1.0	800	$2,500	$3.12	17d	1	1.37mi
14 Elm St Unit 2 Mt Vernon, NY	2.0	1.0	1000	$2,800	$2.80	24d	1	1.38mi
86 Edgewood Ave Apt 2E Yonkers, NY	2.0	1.0	1000	$2,599	$2.60	18d	1	1.42mi
86 Edgewood Ave Unit 2W Yonkers, NY	2.0	1.0	1000	$2,699	$2.70	43d	1	1.42mi

HOA detail condo

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

Listing history 30 events

1. 2026-03-09
   status Pending
2. 2026-02-04
   price $243,000
3. 2025-11-13
   listed $259,000 Active
4. 2025-09-04
   price $230,000
5. 2025-05-25
   price $235,000
6. 2025-05-06
   price $248,000
7. 2025-04-02
   price $258,000
8. 2025-03-31
   listed $258,999 Active
9. 2024-11-01
   price $239,000
10. 2024-10-28
    status Active
11. 2024-09-10
    status Pending
12. 2024-07-05
    listed $249,000 Active
13. 2024-06-12
    status Pending
14. 2024-06-11
    historical
15. 2024-03-25
    price $249,000
16. 2024-03-07
    price $253,000
17. 2024-02-12
    listed $258,000 Active
18. 2022-05-24
    status Pending
19. 2022-05-24
    historical
20. 2022-04-26
    price $239,000
21. 2022-04-06
    price $259,000
22. 2022-02-15
    listed $269,000 Active
23. 2021-07-06
    historical
24. 2021-06-14
    price $269,000
25. 2021-06-10
    price $278,000
26. 2021-04-20
    listed $285,000 Active
27. 2020-04-25
    historical
28. 2020-01-24
    listed $269,000 Active
29. 2015-05-28
    soldstatus $160,000
30. 2014-09-29
    listed $169,000

ⓘ 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 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 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $29,695
• − Mortgage interest: −$13,612
• − Property taxes: −$3,645
• − Insurance: −$1,215
• − Repairs & maintenance: −$2,376
• − Management: −$2,376
• − Depreciation: −$7,069
• Taxable loss: −$597
• Est. tax savings @ 24.0%: +$143
• After-tax cash flow: $3,451/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)

No district data.

Livability — New York

• Score: 75/100
• State rank: #268
• US rank: #4188

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: New York, NY
• County: Bronx County · 1,197,324 people
• City population: 7,731,280
• Metro: New York-Newark-Jersey City, NY-NJ-PA
• Population (ZIP): 16,004
• Household income: $90,046
• Rent vs Own: 56.6% rent · 43.4% own
• Severe rent burden: 805.0

Population outlook (Bronx County) Hauer SSP2

• Today (2025): 1,607,353 people
• By 2030: 1,681,852 · +4.6%
• By 2040: 1,824,421 · +13.5%
• By 2050: 1,945,470 · +21.0%
• By 2075: 2,187,887 · +36.1%
• By 2100: 2,244,136 · +39.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Highly diverse neighborhood (Simpson 0.71)
• Race & ethnicity: White 38% Black 30% Hispanic / Latino 24% Two or more races 9% Asian 3% Native American 1%
• Hispanic origin (detail): Puerto Rican 9% Dominican 9%
• Common ancestry: Romanian 1% Lithuanian 1% Slovak 1%
• Foreign-born: 32% · Canada, Jamaica
• Languages at home: 72% English-only · Spanish 17% Other Indo-European 5% French/Haitian/Cajun 2%

Political lean MEDSL · Bronx

• 2024 margin: Solid D (+45.4) · D 72.7% · R 27.3%
• 2008→2024 swing: -32.3pp toward R · 2008: 77.8pp · 2024: 45.4pp
• All cycles: 2024: D+45.4 2020: D+67.6 2016: D+79.1 2012: D+82.9 2008: D+77.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -114.64%
• Current HPI: 286.9195
• Rent YoY: —
• Metro: New York-Newark-Jersey City, NY-NJ-PA
• 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

+43.8% since first listed

30 events — show timeline

• 2026-03-09 Pending — OneKey® MLS as Distributed by MLS Grid
• 2026-02-04 Price Changed $243,000 OneKey® MLS as Distributed by MLS Grid
• 2025-11-13 Listed $259,000 OneKey® MLS as Distributed by MLS Grid
• 2025-09-04 Price Changed $230,000 OneKey® MLS as Distributed by MLS Grid
• 2025-05-25 Price Changed $235,000 OneKey® MLS as Distributed by MLS Grid
• 2025-05-06 Price Changed $248,000 OneKey® MLS as Distributed by MLS Grid
• 2025-04-02 Price Changed $258,000 OneKey® MLS as Distributed by MLS Grid
• 2025-03-31 Listed $258,999 OneKey® MLS as Distributed by MLS Grid
• 2024-11-01 Price Changed $239,000 OneKey® MLS as Distributed by MLS Grid
• 2024-10-28 Relisted — OneKey® MLS as Distributed by MLS Grid
• 2024-09-10 Pending — OneKey® MLS as Distributed by MLS Grid
• 2024-07-05 Listed $249,000 OneKey® MLS as Distributed by MLS Grid
• 2024-06-12 Pending — OneKey® MLS as Distributed by MLS Grid
• 2024-06-11 Listing Removed — OneKey® MLS as Distributed by MLS Grid
• 2024-03-25 Price Changed $249,000 OneKey® MLS as Distributed by MLS Grid
• 2024-03-07 Price Changed $253,000 OneKey® MLS as Distributed by MLS Grid
• 2024-02-12 Listed $258,000 OneKey® MLS as Distributed by MLS Grid
• 2022-05-24 Pending — OneKey® MLS as Distributed by MLS Grid
• 2022-05-24 Listing Removed — OneKey® MLS as Distributed by MLS Grid
• 2022-04-26 Price Changed $239,000 OneKey® MLS as Distributed by MLS Grid
• 2022-04-06 Price Changed $259,000 OneKey® MLS as Distributed by MLS Grid
• 2022-02-15 Listed $269,000 OneKey® MLS as Distributed by MLS Grid
• 2021-07-06 Listing Removed — OneKey® MLS as Distributed by MLS Grid
• 2021-06-14 Price Changed $269,000 OneKey® MLS as Distributed by MLS Grid
• 2021-06-10 Price Changed $278,000 OneKey® MLS as Distributed by MLS Grid
• 2021-04-20 Listed $285,000 OneKey® MLS as Distributed by MLS Grid
• 2020-04-25 Listing Removed — OneKey® MLS as Distributed by MLS Grid
• 2020-01-24 Listed $269,000 OneKey® MLS as Distributed by MLS Grid
• 2015-05-28 Sold (MLS) $160,000 OneKey® MLS as Distributed by MLS Grid
• 2014-09-29 Listed $169,000 OneKey® MLS as Distributed by MLS Grid