29 E Kinnicutt Rd · Scotts Corners, NY 10576

$1,400,000

4 bd · 2.5 ba · 4,611 sqft · SingleFamily public records · 44 Days on market

Built 1955 2.42 ac lot $304/sqft · 33% below area Est $1783k · 21% under

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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 +20.6/30.0
• ARV discount +15.0/15.0
• Appreciation +6.9/10.0
• DSCR +6.6/10.0
• 1% rule +5.6/10.0
• Schools +5.3/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

This farmhouse-style home has generously proportioned rooms, and is beautifully set on woodland property with stone outcroppings. The cozy living room with masonry fireplace opens to the dining room, deck, porch and great room. A sunny chef's kitchen with vaulted ceiling, sky light, built-in window seating, and custom cabinetry is filled with country charm. Three first-floor bedrooms including a master suite which opens to a lovely stone patio. Another master suite on the second level features two walk-in closets, spa bath and walls of windows providing picturesque views. Two additional well-proportioned rooms are enjoyed as in-home offices. The partially finished, walk-out lower level provides additional entertaining, office, exercise and storage areas. Recipient of an American Institute of Architects Design Award. Set on a quiet neighborhood with two adjoining cul de sac roads, this special home is ideally located close to Scotts Corners, New Canaan, shops, restaurants, and train. Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:2 Car Attached,

Key facts

• 2.42 acre lot
• 2 garage spots
• Built 1955

Property features AI

Exterior

• Parking: Attached garage; 2-car garage
• Utilities: Electric service by NYSEG; Septic tank; Cable available and connected; Phone available and connected; Propane; Trash collection (private); Water connected; Electricity available and connected
• Home design: Single-family residence
• Construction: Frame construction; Shake siding; Full basement with partial finish and walk-out access
• Exterior features: Frame construction with shake siding; Not waterfront; Full, partially finished walk-out basement; Attic with pull stairs and scuttle access

Interior

• Kitchen: Cooktop; Oven; Range; Dishwasher; Disposal; Refrigerator; Stainless steel appliances
• Bedrooms: Total rooms include bedrooms on multiple levels
• Flooring: Hardwood floors
• Bathrooms: 3 full bathrooms; 1 half bathroom
• Heating & cooling: Heat pump and oil heating; Central air conditioning
• Interior features: Chef's kitchen with island and stone counters; Eat-in kitchen; Primary bathroom
• Laundry & utility: Laundry in multiple locations; Water purifier (owned); Water softener (owned); Oil water heater

What this means for you Summary

Snapshot

• This is a 4-bed/2.5-bath single-family listed at $1.40M.

Deal economics

• At list price, monthly cash flow is $2k ($22k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($15k rent vs $1.40M).
• Recommended offer: $1.36M (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 63/100 on livability (#810 in NY) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing B+; Watch: amenities F, commute F, cost of living F.
• Bedford Central School District (rural): math 54% / reading 60% proficiency, ranked #211 of 590 in NY (top 36%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 10% free/reduced lunch — higher-income household profile.
• Zoned schools: Pound Ridge Elementary School (math 52% / reading 77%, grade B, #591 of 2,108 statewide, top 31%, 238 students, 10% FRL); Fox Lane Middle School (math 42% / reading 55%, grade C-, #300 of 729 statewide, top 41%, 765 students, 38% FRL); Fox Lane High School (math 97% / reading 82%, grade A+, #265 of 1,100 statewide, top 26%, 1,241 students, 36% FRL) — zoned schools average 28% FRL vs 10% district-wide (17 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 69 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 954 units permitted in Westchester County in 2024 (649 in 5+ unit buildings).

Forward outlook

• In year one you build about $63k of equity ($10k loan paydown + $54k appreciation (3.8% local appreciation)).
• Westchester County population projected at +10% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (3.8% appreciation + 3.0% rent growth), your $392k cash investment doubles in ~5 years — after that, you're playing with house money.
• By year 2, paydown + projected appreciation supports a ~$102k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 44 days — a 3% lower offer ($1.36M) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 9y ago; this cycle's ask has dropped $99k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $879k; list at $1.40M implies a 59% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1955 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y — expect insurance premiums to compound above CPI over the hold.

Recommended offer $1,358,000 (3.0% below list)

Questions for the listing agent

1. It's been on market 44 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1955 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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.
5. 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.
6. 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: 1.06% ✓
• Cap rate: 7.90%
• Cash-on-cash: 5.73%
• DSCR: 1.26
• GRM: 7.9

CMA / ARV

• ARV (median comp): $1,783,165
• List price: $1,400,000
• Delta: -21.49%
• Verdict: UNDERPRICED
• Comps: 19 within 1.0 mi

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
198 Barnegat Rd	0.37mi	4/3.5	4,786 (+4%)	13mo	$1,650,000	$345	62
66 Dann Farm Rd	0.40mi	4/3.5	4,358 (-6%)	22mo	$1,900,000	$436	50
68 Dann Farm Rd	0.46mi	4/3.5	4,983 (+8%)	21mo	$2,175,000	$436	44
103 Dann Farm Rd	0.64mi	4/3.5	5,183 (+12%)	24mo	$2,125,000	$410	26

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

Projected returns pro-forma

3.84% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 15.0%
• Equity multiple: 1.90×
• Total profit: $351,340
• Equity at exit: $696,606

10-year hold

• IRR: 16.2%
• Equity multiple: 3.57×
• Total profit: $1,008,971
• Equity at exit: $1,128,939

Cash invested: $392,000 (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 10576

• Home prices YoY: 1.6%
• Active inventory: 69
• Price-to-rent: 7.9×

Monthly cashflow live

• Estimated rent: $14,843 medium
• Mortgage (P&I): −$7,342
• Tax from tax record: −$1,928 /mo · $23,138/yr
• Insurance: −$583
• HOA: −$0
• Vacancy / Maint / Mgmt: −$3,117
• Net cashflow: $1,873

Break-even live

Break-even rent $12,472

Max offer price $1,400,000

Occupancy floor 82%

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: $350,000
• Closing costs: $42,000
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
17 Fox Run Rd Pound Ridge, NY	4.0	4.5	5886	$17,000	$2.89	2d	1	0.81mi
21 Beech Hill Ln Pound Ridge, NY	3.0	3.0	3591	$12,000	$3.34	2d	1	1.06mi

Listing history 22 events

1. 2026-06-18
   days on market $1,400,000 Active 44 DOM
2. 2026-06-17
   days on market $1,400,000 Active 43 DOM
3. 2026-06-16
   days on market $1,400,000 Active 42 DOM
4. 2026-06-15
   days on market $1,400,000 Active 41 DOM
5. 2026-06-13
   days on market $1,400,000 Active 39 DOM
6. 2026-06-13
   days on market $1,400,000 Active 38 DOM
7. 2026-06-10
   days on market $1,400,000 Active 36 DOM
8. 2026-06-09
   days on market $1,400,000 Active 35 DOM
9. 2026-06-08
   days on market $1,400,000 Active 34 DOM
10. 2026-06-07
    days on market $1,400,000 Active 33 DOM
11. 2026-06-05
    days on market $1,400,000 Active 30 DOM
12. 2026-06-03
    pricedays on market $1,400,000 Active 29 DOM
13. 2026-06-03
    days on market $1,499,000 Active 28 DOM
14. 2026-06-01
    days on market $1,499,000 Active 27 DOM
15. 2026-05-31
    days on market $1,499,000 Active 26 DOM
16. 2026-05-06
    listed $1,499,000 Active 1075-char remark
17. 2026-05-04
    historical $1,499,000 1075-char remark
18. 2017-10-10
    soldstatus $878,750
19. 2017-09-29
    soldstatus $878,750 Sold 1082-char remark

    Show marketing remark (1082 chars)

    This farmhouse-style home has generously proportioned rooms, and is beautifully set on woodland property with stone outcroppings. The cozy living room with masonry fireplace opens to the dining room, deck, porch and great room. A sunny chef's kitchen with vaulted ceiling, sky light, built-in window seating, and custom cabinetry is filled with country charm. Three first-floor bedrooms including a master suite which opens to a lovely stone patio. Another master suite on the second level features two walk-in closets, spa bath and walls of windows providing picturesque views. Two additional well-proportioned rooms are enjoyed as in-home offices. The partially finished, walk-out lower level provides additional entertaining, office, exercise and storage areas. Recipient of an American Institute of Architects Design Award. Set on a quiet neighborhood with two adjoining cul de sac roads, this special home is ideally located close to Scotts Corners, New Canaan, shops, restaurants, and train. Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:2 Car Attached,

20. 2017-07-24
    historical Pending 1082-char remark

    Show marketing remark (1082 chars)

    This farmhouse-style home has generously proportioned rooms, and is beautifully set on woodland property with stone outcroppings. The cozy living room with masonry fireplace opens to the dining room, deck, porch and great room. A sunny chef's kitchen with vaulted ceiling, sky light, built-in window seating, and custom cabinetry is filled with country charm. Three first-floor bedrooms including a master suite which opens to a lovely stone patio. Another master suite on the second level features two walk-in closets, spa bath and walls of windows providing picturesque views. Two additional well-proportioned rooms are enjoyed as in-home offices. The partially finished, walk-out lower level provides additional entertaining, office, exercise and storage areas. Recipient of an American Institute of Architects Design Award. Set on a quiet neighborhood with two adjoining cul de sac roads, this special home is ideally located close to Scotts Corners, New Canaan, shops, restaurants, and train. Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:2 Car Attached,

21. 2017-05-31
    listed $935,000 Active 1082-char remark

    Show marketing remark (1082 chars)

    This farmhouse-style home has generously proportioned rooms, and is beautifully set on woodland property with stone outcroppings. The cozy living room with masonry fireplace opens to the dining room, deck, porch and great room. A sunny chef's kitchen with vaulted ceiling, sky light, built-in window seating, and custom cabinetry is filled with country charm. Three first-floor bedrooms including a master suite which opens to a lovely stone patio. Another master suite on the second level features two walk-in closets, spa bath and walls of windows providing picturesque views. Two additional well-proportioned rooms are enjoyed as in-home offices. The partially finished, walk-out lower level provides additional entertaining, office, exercise and storage areas. Recipient of an American Institute of Architects Design Award. Set on a quiet neighborhood with two adjoining cul de sac roads, this special home is ideally located close to Scotts Corners, New Canaan, shops, restaurants, and train. Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:2 Car Attached,

22. 1994-09-23
    soldstatus $380,000

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

Tax reassessment forecast NY · Partial reset (capped growth)

• Current annual tax: $23,138 · $1,928/mo
• Projected year-2 tax: $23,399 · $1,950/mo
• Expected delta: +$261/yr (+$22/mo · 1.1%)

ⓘ 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 4/10 Moderate
• 🌡 Heat 4/10 Moderate 7 d/yr ≥99°F today · 16 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: $178,116
• − Mortgage interest: −$78,422
• − Property taxes: −$23,138
• − Insurance: −$7,000
• − Repairs & maintenance: −$14,249
• − Management: −$14,249
• − Depreciation: −$40,727
• Taxable income: $331
• Est. tax owed @ 24.0%: −$79
• After-tax cash flow: $22,394/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: Bedford Central School District
• NCES district ID: 3619950
• Math proficiency: 54% ▼ -9.00%
• Reading proficiency: 60% ▬ 0.00%
• Median HH income: $98,055
• Composite: 53.17/100
• National rank: #1508
• State rank: #211 of 590 in NY

Livability — Scotts Corners

• Score: 63/100
• State rank: #810
• US rank: #15702

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 4,904

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 (90%)
• Race & ethnicity: White 90% Hispanic / Latino 4% Two or more races 3% Asian 2% Black 1%
• Common ancestry: Romanian 6% Scotch-Irish 4% Italian 3%
• Foreign-born: 10% · Canada, China, Jamaica
• Languages at home: 88% English-only · Other Indo-European 5% Spanish 3% French/Haitian/Cajun 2%

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: ▲ 3.84%
• Current HPI: 239.5803
• 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

+268.4% since first listed

8 events — show timeline

• 2026-06-03 Price Changed $1,400,000 OneKey® MLS as Distributed by MLS Grid
• 2026-05-06 Listed $1,499,000 OneKey® MLS as Distributed by MLS Grid
• 2026-05-04 Coming Soon $1,499,000 OneKey® MLS as Distributed by MLS Grid
• 2017-10-10 Sold (Public Records) $878,750 Public Records
• 2017-09-29 Sold (MLS) $878,750 OneKey® MLS as Distributed by MLS Grid
• 2017-07-24 Contingent — OneKey® MLS as Distributed by MLS Grid
• 2017-05-31 Listed $935,000 OneKey® MLS as Distributed by MLS Grid
• 1994-09-23 Sold (Public Records) $380,000 Public Records

Property tax history

+2.7%/yr

Latest (2025): $23,138 · +7.8% YoY. Source: county tax records.