14 Soundview Ave #31 · White Plains, NY 10606

$249,000

1 bd · 1.0 ba · 800 sqft · Condo · 16 Days on market

Built 1954

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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 +25.8/30.0
• DSCR +8.7/10.0
• ARV discount +7.5/15.0
• 1% rule +6.8/10.0
• Schools +4.7/10.0
• Livability +3.6/5.0
• Rent growth +2.6/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

It’s not just a home, it’s a lifestyle! Completely remodeled, this spectacular one-bedroom co-op in The Soundview is stylishly updated and move-in ready. The unit features a new kitchen with granite countertops, stainless steel appliances, glass tile backsplash and tile floor. Bathroom is gray and white with fully tiled tub and marble vanity top. Open floor plan with plenty of room for dining and relaxing. Common laundry area only steps from the unit. Nicely landscaped courtyard just steps from the front door. One on-site parking space comes with the unit and the complex is pet friendly (restricted weight). Monthly charges include parking, heat and hot water. Metro North RR to Grand Central Terminal is just a 36-minute ride. Enjoy the city lifestyle from this NYC suburb. All of this with easy access to major highways, nearby White Plains Hospital Center, and all the culture, shopping and fine dining that White Plains has to offer. Just unpack and start living! Additional Information: HeatingFuel:Oil Above Ground,

Key facts

• Garage
• Built 1954
• Listed 16 days

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $249k.

Deal economics

• At list price, monthly cash flow is $608 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $249k).
• Recommended offer: $245k (1.5% below list) — sets the bar for market timing.
• Cap rate 9.2% vs local median 4.3% in White Plains — 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 71/100 on livability (#410 in NY) — a middle-class / working-renter tenant base. Strengths: commute A+, employment A+, crime A-; Watch: amenities F, cost of living F.
• White Plains City School District (urban): math 49% / reading 54% proficiency, ranked #313 of 590 in NY (top 53%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: White Plains Middle School (math 36% / reading 53%, grade D, #348 of 729 statewide, top 50%, 1,517 students, 50% FRL); White Plains Senior High School (math 89% / reading 67%, grade A-, #577 of 1,100 statewide, top 52%, 2,220 students, 53% FRL).
• Market conditions: Rents flat; 54 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 954 units permitted in Westchester County in 2024 (649 in 5+ unit buildings).
• This rent runs 32% of the median local income ($112k/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.
• Westchester County population projected at +10% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 16 days — a 2% lower offer ($245k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 20y 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 $180k; 38% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1954 — 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 $245,265 (1.5% below list)

Questions for the listing agent

1. Built in 1954 — 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. 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 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: 1.18% ✓
• Cap rate: 9.22%
• Cash-on-cash: 10.46%
• DSCR: 1.47
• GRM: 7.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.41% rent growth · sell at horizon

5-year hold

• IRR: -3.6%
• Equity multiple: 0.87×
• Total profit: $-9,082
• Equity at exit: $37,127

10-year hold

• IRR: 2.9%
• Equity multiple: 1.19×
• Total profit: $12,945
• Equity at exit: $21,529

Cash invested: $69,720 (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 10606

• Rents YoY: 0.4%
• Active inventory: 54
• Price-to-rent: 7.0×

Monthly cashflow live

• Estimated rent: $2,948 high
• Mortgage (P&I): −$1,306
• Tax est. 1.5%: −$311 /mo · $3,735/yr
• Insurance: −$104
• HOA: −$0
• Vacancy / Maint / Mgmt: −$619
• Net cashflow: $608

Break-even live

Break-even rent $2,178

Max offer price $249,000

Occupancy floor 74%

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: $62,250
• Closing costs: $7,470
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
57 Bank St Unit 1040035P White Plains, NY	2.0	1.0–2.0	726	$7,940	$10.94	2d	3	0.73mi
57 Bank St Unit 1040036P White Plains, NY	1.0	1.0	592	$7,170	$12.11	18d	1	0.73mi
55 Bank St White Plains, NY	2.0	1.0–2.0	861	$3,922	$4.56	1d	23	0.75mi
250 Mamaroneck Ave White Plains, NY	1.0–3.0	1.0–2.5	1298	$3,389	$2.61	1d	126	0.75mi
59 Old Mamaroneck Rd Unit 2E White Plains, NY	1.0	1.0	700	$1,912	$2.73	24d	1	0.77mi
4 Martine Ave White Plains, NY	1.0	1.0–1.5	773	$3,025	$3.91	19d	2	0.78mi
4 Martine Ave White Plains, NY	1.0	1.0–1.5	773	$2,850	$3.69	13d	2	0.78mi
4 Martine Ave White Plains, NY	1.0	1.0–1.5	773	$2,900	$3.75	43d	2	0.78mi
4 Martine Ave White Plains, NY	1.0	1.0	707	$2,750	$3.89	2d	1	0.78mi
1 Martine Ave White Plains, NY	1.0–2.0	1.0–2.0	827	$2,850	$3.44	2d	12	0.81mi
34 S Lexington Ave White Plains, NY	1.0–2.0	1.0–2.0	871	$2,695	$3.09	5d	6	0.84mi
15 Bank St White Plains, NY	1.0–2.0	1.0–2.0	934	$2,715	$2.91	1d	20	0.85mi
55 McKinley Ave Unit D2-3 White Plains, NY	1.0	1.0	809	$2,400	$2.97	43d	1	0.93mi
10 Lyon Pl White Plains, NY	2.0	1.0–2.0	870	$3,405	$3.91	43d	17	0.94mi
131 Mamaroneck Ave White Plains, NY	3.0	1.0–2.0	974	$4,038	$4.15	1d	19	0.94mi
1 DeKalb Ave White Plains, NY	1.0	1.0	749	$3,390	$4.53	43d	1	0.95mi
50 Dekalb Ave Unit N4F White Plains, NY	1.0	1.0	1000	$3,100	$3.10	20d	1	0.95mi
1 Lyon Pl Unit 509 White Plains, NY	1.0	1.0	668	$2,980	$4.46	2d	1	0.96mi
1 Lyon Pl Unit 907 White Plains, NY	2.0	2.0	1120	$4,555	$4.07	2d	1	0.96mi
25 N Lexington Ave White Plains, NY	3.0	1.0–2.0	988	$4,320	$4.37	1d	28	0.97mi
210 Martine Ave Unit 5G White Plains, NY	—	1.0	550	$2,150	$3.91	19d	1	1.02mi
1 Renaissance Sq Unit 7B White Plains, NY	1.0	1.5	1048	$5,500	$5.25	43d	1	1.03mi
51 S Broadway White Plains, NY	1.0	1.0	752	$3,342	$4.44	3d	2	1.03mi
100 Hale Ave White Plains, NY	2.0	1.0–2.0	908	$3,993	$4.40	1d	11	1.04mi
10 City Pl Unit 2D White Plains, NY	1.0	1.5	1069	$3,895	$3.64	15d	1	1.06mi
5 Cottage Pl White Plains, NY	—	1.0	577	$2,686	$4.66	13d	1	1.09mi
26 Hillside Ter Unit F White Plains, NY	1.0	1.0	782	$2,700	$3.45	43d	1	1.14mi
7-11 S Broadway White Plains, NY	1.0	1.0	746	$3,295	$4.42	13d	1	1.15mi
1 S Broadway Apt 1L White Plains, NY	2.0	1.0	1000	$2,950	$2.95	43d	1	1.16mi
55 Fieldstone Dr Unit 69 Hartsdale, NY	1.0	1.0	800	$2,100	$2.62	11d	1	1.16mi
1 S Broadway Unit 4M White Plains, NY	—	1.0	600	$2,207	$3.68	43d	1	1.17mi
140 E Hartsdale Ave Hartsdale, NY	2.0	1.0	875	$2,895	$3.31	22d	1	1.20mi
42 Barker Ave Unit 4C White Plains, NY	1.0	1.0	800	$2,300	$2.88	43d	1	1.22mi
1 Franklin Ave Unit 4DD White Plains, NY	—	1.0	550	$1,950	$3.55	4d	1	1.22mi
400 High Point Dr Unit 206 Hartsdale, NY	1.0	1.0	987	$3,300	$3.34	43d	1	1.24mi
440 Hamilton Ave White Plains, NY	2.0	1.0–2.0	880	$4,078	$4.63	1d	31	1.26mi
37 Lake St White Plains, NY	1.0–2.0	1.0	685	$2,580	$3.76	43d	1	1.26mi
300 Main St White Plains, NY	1.0	1.0	956	$2,825	$2.95	22d	2	1.29mi
312 Main St Apt 2 E White Plains, NY	1.0	1.0	800	$2,450	$3.06	13d	1	1.31mi
7 Lake St Unit 8k White Plains, NY	2.0	1.0	975	$3,150	$3.23	44d	1	1.37mi

HOA detail condo

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

Listing history 24 events

1. 2026-03-26
   status Pending
2. 2026-03-11
   listed $249,000 Active
3. 2026-03-06
   historical $249,000
4. 2020-08-20
   soldstatus $180,000 Closed 1041-char remark

   Show marketing remark (1041 chars)

   It’s not just a home, it’s a lifestyle! Completely remodeled, this spectacular one-bedroom co-op in The Soundview is stylishly updated and move-in ready. The unit features a new kitchen with granite countertops, stainless steel appliances, glass tile backsplash and tile floor. Bathroom is gray and white with fully tiled tub and marble vanity top. Open floor plan with plenty of room for dining and relaxing. Common laundry area only steps from the unit. Nicely landscaped courtyard just steps from the front door. One on-site parking space comes with the unit and the complex is pet friendly (restricted weight). Monthly charges include parking, heat and hot water. Metro North RR to Grand Central Terminal is just a 36-minute ride. Enjoy the city lifestyle from this NYC suburb. All of this with easy access to major highways, nearby White Plains Hospital Center, and all the culture, shopping and fine dining that White Plains has to offer. Just unpack and start living! Additional Information: HeatingFuel:Oil Above Ground,

5. 2020-03-26
   status Pending 1041-char remark

   Show marketing remark (1041 chars)

   It’s not just a home, it’s a lifestyle! Completely remodeled, this spectacular one-bedroom co-op in The Soundview is stylishly updated and move-in ready. The unit features a new kitchen with granite countertops, stainless steel appliances, glass tile backsplash and tile floor. Bathroom is gray and white with fully tiled tub and marble vanity top. Open floor plan with plenty of room for dining and relaxing. Common laundry area only steps from the unit. Nicely landscaped courtyard just steps from the front door. One on-site parking space comes with the unit and the complex is pet friendly (restricted weight). Monthly charges include parking, heat and hot water. Metro North RR to Grand Central Terminal is just a 36-minute ride. Enjoy the city lifestyle from this NYC suburb. All of this with easy access to major highways, nearby White Plains Hospital Center, and all the culture, shopping and fine dining that White Plains has to offer. Just unpack and start living! Additional Information: HeatingFuel:Oil Above Ground,

6. 2020-03-18
   status Pending 1041-char remark

   Show marketing remark (1041 chars)

   It’s not just a home, it’s a lifestyle! Completely remodeled, this spectacular one-bedroom co-op in The Soundview is stylishly updated and move-in ready. The unit features a new kitchen with granite countertops, stainless steel appliances, glass tile backsplash and tile floor. Bathroom is gray and white with fully tiled tub and marble vanity top. Open floor plan with plenty of room for dining and relaxing. Common laundry area only steps from the unit. Nicely landscaped courtyard just steps from the front door. One on-site parking space comes with the unit and the complex is pet friendly (restricted weight). Monthly charges include parking, heat and hot water. Metro North RR to Grand Central Terminal is just a 36-minute ride. Enjoy the city lifestyle from this NYC suburb. All of this with easy access to major highways, nearby White Plains Hospital Center, and all the culture, shopping and fine dining that White Plains has to offer. Just unpack and start living! Additional Information: HeatingFuel:Oil Above Ground,

7. 2020-02-28
   price $177,000 1041-char remark

   Show marketing remark (1041 chars)

   It’s not just a home, it’s a lifestyle! Completely remodeled, this spectacular one-bedroom co-op in The Soundview is stylishly updated and move-in ready. The unit features a new kitchen with granite countertops, stainless steel appliances, glass tile backsplash and tile floor. Bathroom is gray and white with fully tiled tub and marble vanity top. Open floor plan with plenty of room for dining and relaxing. Common laundry area only steps from the unit. Nicely landscaped courtyard just steps from the front door. One on-site parking space comes with the unit and the complex is pet friendly (restricted weight). Monthly charges include parking, heat and hot water. Metro North RR to Grand Central Terminal is just a 36-minute ride. Enjoy the city lifestyle from this NYC suburb. All of this with easy access to major highways, nearby White Plains Hospital Center, and all the culture, shopping and fine dining that White Plains has to offer. Just unpack and start living! Additional Information: HeatingFuel:Oil Above Ground,

8. 2019-12-18
   listed $180,000 Active 1041-char remark

   Show marketing remark (1041 chars)

   It’s not just a home, it’s a lifestyle! Completely remodeled, this spectacular one-bedroom co-op in The Soundview is stylishly updated and move-in ready. The unit features a new kitchen with granite countertops, stainless steel appliances, glass tile backsplash and tile floor. Bathroom is gray and white with fully tiled tub and marble vanity top. Open floor plan with plenty of room for dining and relaxing. Common laundry area only steps from the unit. Nicely landscaped courtyard just steps from the front door. One on-site parking space comes with the unit and the complex is pet friendly (restricted weight). Monthly charges include parking, heat and hot water. Metro North RR to Grand Central Terminal is just a 36-minute ride. Enjoy the city lifestyle from this NYC suburb. All of this with easy access to major highways, nearby White Plains Hospital Center, and all the culture, shopping and fine dining that White Plains has to offer. Just unpack and start living! Additional Information: HeatingFuel:Oil Above Ground,

9. 2018-08-06
   historical
10. 2018-07-29
    listed $175,000 Active
11. 2017-09-13
    soldstatus $145,000 Sold
12. 2017-05-18
    historical Pending
13. 2017-04-29
    listed $145,000 Active
14. 2014-03-15
    price $165,000
15. 2008-08-11
    historical
16. 2008-08-04
    soldstatus $165,000
17. 2008-06-12
    price $169,900
18. 2007-11-28
    listed $169,900
19. 2007-11-10
    historical
20. 2007-03-31
    listed
21. 2006-06-07
    soldstatus $190,000
22. 2006-03-15
    historical
23. 2006-03-15
    price $195,000
24. 2006-02-23
    listed $190,000

ⓘ 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 ≥98°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: $35,371
• − Mortgage interest: −$13,948
• − Property taxes: −$3,735
• − Insurance: −$1,245
• − Repairs & maintenance: −$2,830
• − Management: −$2,830
• − Depreciation: −$7,244
• Taxable income: $3,540
• Est. tax owed @ 24.0%: −$850
• After-tax cash flow: $6,444/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: White Plains City School District
• NCES district ID: 3631260
• Math proficiency: 49% ▼ -6.00%
• Reading proficiency: 54% ▲ 2.00%
• Median HH income: $78,366
• Composite: 46.72/100
• National rank: #2397
• State rank: #313 of 590 in NY

Livability — White Plains

• Score: 71/100
• State rank: #410
• US rank: #6801

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: White Plains, NY
• County: Westchester County · 709,332 people
• City population: 61,281
• Metro: New York-Newark-Jersey City, NY-NJ-PA
• Population (ZIP): 17,341
• Household income: $112,270
• Rent vs Own: 65.5% rent · 34.5% own
• Severe rent burden: 1191.0

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: Diverse neighborhood (Simpson 0.69)
• Race & ethnicity: Hispanic / Latino 44% White 30% Black 14% Two or more races 14% Asian 9%
• Hispanic origin (detail): Mexican 16% Puerto Rican 4% Dominican 3%
• Common ancestry: Romanian 1% Lithuanian 1% Hispanic 1%
• Foreign-born: 38% · Canada, Jamaica, China
• Languages at home: 49% English-only · Spanish 37% Other Indo-European 4% Chinese 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: ▼ -474.05%
• Current HPI: 247.9311
• Rent YoY: ▲ 0.41%
• 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

+31.1% since first listed

24 events — show timeline

• 2026-03-26 Pending — OneKey® MLS as Distributed by MLS Grid
• 2026-03-11 Listed $249,000 OneKey® MLS as Distributed by MLS Grid
• 2026-03-06 Coming Soon $249,000 OneKey® MLS as Distributed by MLS Grid
• 2020-08-20 Sold (MLS) $180,000 OneKey® MLS as Distributed by MLS Grid
• 2020-03-26 Pending — OneKey® MLS as Distributed by MLS Grid
• 2020-03-18 Pending — OneKey® MLS as Distributed by MLS Grid
• 2020-02-28 Price Changed $177,000 OneKey® MLS as Distributed by MLS Grid
• 2019-12-18 Listed $180,000 OneKey® MLS as Distributed by MLS Grid
• 2018-08-06 Listing Removed — OneKey® MLS as Distributed by MLS Grid
• 2018-07-29 Listed $175,000 OneKey® MLS as Distributed by MLS Grid
• 2017-09-13 Sold (MLS) $145,000 OneKey® MLS as Distributed by MLS Grid
• 2017-05-18 Contingent — OneKey® MLS as Distributed by MLS Grid
• 2017-04-29 Listed $145,000 OneKey® MLS as Distributed by MLS Grid
• 2014-03-15 Price Changed $165,000 HGMLS
• 2008-08-11 Delisted — HGMLS
• 2008-08-04 Sold (MLS) $165,000 HGMLS
• 2008-06-12 Price Changed $169,900 HGMLS
• 2007-11-28 Listed $169,900 HGMLS
• 2007-11-10 Delisted — HGMLS
• 2007-03-31 Listed — HGMLS
• 2006-06-07 Sold (MLS) $190,000 HGMLS
• 2006-03-15 Price Changed $195,000 HGMLS
• 2006-03-15 Delisted — HGMLS
• 2006-02-23 Listed $190,000 HGMLS