11 Balint Dr #648 · Yonkers, NY 10710

$179,000

1 bd · 1.0 ba · 829 sqft · Condo · 85 Days on market

Built 1990 $216/sqft · 7% below area Est $193k · 7% under

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Why this score? — see what drove the D 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).

• ARV discount +10.8/15.0
• 1% rule +8.6/10.0
• Cash flow +7.6/30.0
• Schools +4.1/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• DSCR +1.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Spacious 1 Bedroom/1 Bath Move-In Ready Co-Op With Beautiful City Views In The Desirable Carriage House Community. Tucked Away On A Quiet Cul-De-Sac, This Home Offers A Bright, Open Layout Ideal For Both Everyday Living And Entertaining. Features Include A Sun-Filled Living Room, Separate Dining Area, And A Well-Maintained Kitchen With Ample Cabinet And Counter Space. The Generously Sized Bedroom Offers Includes A Walk-In Closet. Welcoming Entry Foyer With Multiple Closets And A Functional Layout That Maximizes Space And Flow. The Carriage House Community Offers An Outdoor Pool, Playground, Laundry Room, Bike Room, And Storage. Assigned Parking Included With No Waitlist. Conveniently Located Near Shopping, Dining, Major Highways, And Public Transportation.

Key facts

• Assigned parking
• Parking
• Community pool

Tags

• ASSIGNED PARKING

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $179k.

Deal economics

• At list price, monthly cash flow is $-213 ($-3k/yr) — negative.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $179k).
• Recommended offer: $168k (6.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 68/100 on livability (#528 in NY) — a middle-class / working-renter tenant base. Strengths: employment A, commute B; Watch: amenities F, cost of living F.
• Yonkers City School District (suburban): math 41% / reading 54% proficiency, ranked #413 of 590 in NY (top 70%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 64% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 163 active listings in the ZIP; 27 comparable units currently listed for rent nearby; rentals at typical pace (median 17d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 954 units permitted in Westchester County in 2024 (649 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k 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 85 days — a 6% lower offer ($168k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 15y 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 $112k; list at $179k implies a 60% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: HOA is 37% of rent.
• 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 $168,260 (6.0% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 85 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. 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?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
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: 1.36% ✓
• Cap rate: 4.87%
• Cash-on-cash: -5.09%
• DSCR: 0.77
• GRM: 6.1

CMA / ARV

• ARV (median comp): $193,157
• List price: $179,000
• Delta: -7.33%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: -24.5%
• Equity multiple: 0.16×
• Total profit: $-41,961
• Equity at exit: $26,689

10-year hold

• IRR: -18.8%
• Equity multiple: -0.03×
• Total profit: $-51,594
• Equity at exit: $15,477

Cash invested: $50,120 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (CITY): 5 Strongly Tenant-Friendly
• State New York: 15 Strongly Tenant-Friendly · D+10
• County: — inherits STATE
• City Yonkers: 5 Strongly Tenant-Friendly · D+20

Westchester rent guidelines board.

Methodology + full state rankings →

ZIP-level market 10710

• Active inventory: 163
• Price-to-rent: 6.1×

Monthly cashflow live

• Estimated rent: $2,428 high
• Mortgage (P&I): −$939
• Tax est. 1.5%: −$224 /mo · $2,685/yr
• Insurance: −$75
• HOA est. from 2 same-building comps: −$894
• Vacancy / Maint / Mgmt: −$510
• Net cashflow: $-213

Break-even live

Break-even rent $2,698

Max offer price $148,235

Occupancy floor —

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: $44,750
• Closing costs: $5,370
• Reserves months: —
• Total cash needed: —

Rent comps 27 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4 Sadore Ln Unit 2W Yonkers, NY	1.0	1.0	800	$2,000	$2.50	16d	1	0.08mi
1549 Central Park Ave Yonkers, NY	2.0	1.0	850	$2,400	$2.82	43d	1	0.40mi
12 Wainwright Ave Apt 1B Yonkers, NY	1.0	1.0	700	$1,950	$2.79	43d	1	0.43mi
717 Tuckahoe Rd Unit 16A Yonkers, NY	1.0	1.0	650	$2,495	$3.84	4d	1	0.44mi
8 Wainwright Ave Unit 2A Yonkers, NY	—	1.0	700	$1,600	$2.29	7d	1	0.46mi
42 Winchester Ave Unit 2A Yonkers, NY	1.0	1.0	700	$2,100	$3.00	13d	1	0.58mi
128 Colonial Pkwy Unit 3B Yonkers, NY	1.0	1.0	871	$2,750	$3.16	43d	1	0.63mi
70 Roundhill Dr Yonkers, NY	2.0	1.0	775	$3,200	$4.13	43d	1	0.68mi
601 Ridge Hill Blvd Yonkers, NY	2.0	1.0–2.0	819	$3,500	$4.27	7d	14	0.78mi
1 Elm St Unit 3B Tuckahoe, NY	2.0	1.0	1100	$3,200	$2.91	10d	1	0.83mi
1 Elm St Unit 3B Tuckahoe, NY	2.0	1.0	1100	$3,200	$2.91	7d	1	0.83mi
21 Scarsdale Rd Yonkers, NY	2.0	1.0	835	$3,795	$4.54	1d	21	0.86mi
111 Kensington Rd Unit 8 Bronxville, NY	1.0	1.0	825	$2,650	$3.21	13d	1	0.96mi
28 Kenilworth Rd Unit The Cottage Yonkers, NY	1.0	1.0	600	$1,950	$3.25	14d	1	0.99mi
64 Kensington Rd Apt 1A Bronxville, NY	1.0	1.0	800	$2,895	$3.62	11d	1	1.01mi
50 Columbus Ave Unit 817 Tuckahoe, NY	1.0	1.0	750	$3,000	$4.00	21d	1	1.06mi
2 Consulate Dr Unit 1J Tuckahoe, NY	1.0	1.0	750	$2,700	$3.60	11d	1	1.06mi
64 Sagamore Rd Unit A6 Bronxville, NY	1.0	1.0	850	$2,900	$3.41	4d	1	1.10mi
39 Maynard St Unit 2E Tuckahoe, NY	2.0	1.0	875	$2,650	$3.03	43d	1	1.13mi
23 Belknap Ave Yonkers, NY	1.0	1.0	700	$2,300	$3.29	24d	1	1.19mi
278 Mile Square Rd Yonkers, NY	2.0	1.0	1000	$2,650	$2.65	43d	1	1.25mi
300 Columbus Ave Tuckahoe, NY	—	1.0	766	$3,100	$4.05	18d	5	1.26mi
212 Alpine Pl Tuckahoe, NY	1.0	1.0	700	$2,700	$3.86	19d	1	1.30mi
40 Jackson Ave Eastchester, NY	1.0	1.0	725	$2,950	$4.07	14d	1	1.35mi
47 Morgan St Eastchester, NY	2.0	1.0	1000	$4,000	$4.00	43d	1	1.39mi
51 Parkway Rd Apt 3 Bronxville, NY	1.0	1.0	1100	$3,100	$2.82	24d	1	1.42mi
Glen Rd Unit H Eastchester, NY	1.0	1.0	612	$2,200	$3.59	43d	1	1.46mi

HOA detail condo

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

Listing history 24 events

1. 2026-06-18
   days on market $179,000 Active 85 DOM
2. 2026-06-17
   days on market $179,000 Active 84 DOM
3. 2026-06-16
   days on market $179,000 Active 83 DOM
4. 2026-06-15
   remarks 699-char remark
5. 2026-06-15
   days on market $179,000 Active 82 DOM
6. 2026-06-13
   days on market $179,000 Active 80 DOM
7. 2026-06-10
   price $179,000 Active 76 DOM
8. 2026-06-09
   days on market $182,000 Active 76 DOM
9. 2026-06-08
   days on market $182,000 Active 75 DOM
10. 2026-06-07
    days on market $182,000 Active 74 DOM
11. 2026-06-04
    days on market $182,000 Active 71 DOM
12. 2026-06-03
    days on market $182,000 Active 70 DOM
13. 2026-06-02
    days on market $182,000 Active 69 DOM
14. 2026-06-01
    days on market $182,000 Active 68 DOM
15. 2026-05-31
    days on market $182,000 Active 67 DOM
16. 2026-03-25
    listed $182,000 Active 786-char remark

    Show marketing remark (786 chars)

    Spacious 1 Bedroom/1 Bath Move-In Ready Co-Op With Beautiful City Views In The Desirable Carriage House Community. Tucked Away On A Quiet Cul-De-Sac, This Home Offers A Bright, Open Layout Ideal For Both Everyday Living And Entertaining. Features Include A Sun-Filled Living Room, Separate Dining Area, And A Well-Maintained Kitchen With Ample Cabinet And Counter Space. The Generously Sized Bedroom Offers Includes A Walk-In Closet. Welcoming Entry Foyer With Multiple Closets And A Functional Layout That Maximizes Space And Flow. The Carriage House Community Offers An Outdoor Pool, Playground, Laundry Room, Bike Room, And Storage. Assigned Parking Included With No Waitlist. Conveniently Located Near Shopping, Dining, Major Highways, And Public Transportation.

17. 2014-03-15
    price $112,000 471-char remark

    Show marketing remark (471 chars)

    MOTIVATED SELLER! Updated one bedroom located in East Yonkers. Great Price, location and condition! Updates include new panel doors, hardware, base molding, light fixtures, kitchen flr, bathroom vanity cabinet. PLENTY OF CLOSETS! A PERFECT LOCATION on a cul-de-sac off Central Park Ave. Easy commute to NYC on Express Bus or take Metro North Train from Tuckahoe, 5 mins away. Close to I-87 & parkways. Assigned parking, storage, outdoor swimming pool, barbecue area

18. 2011-10-21
    soldstatus $112,000 Sold 471-char remark

    Show marketing remark (471 chars)

    MOTIVATED SELLER! Updated one bedroom located in East Yonkers. Great Price, location and condition! Updates include new panel doors, hardware, base molding, light fixtures, kitchen flr, bathroom vanity cabinet. PLENTY OF CLOSETS! A PERFECT LOCATION on a cul-de-sac off Central Park Ave. Easy commute to NYC on Express Bus or take Metro North Train from Tuckahoe, 5 mins away. Close to I-87 & parkways. Assigned parking, storage, outdoor swimming pool, barbecue area

19. 2011-08-05
    historical Pending 471-char remark

    Show marketing remark (471 chars)

    MOTIVATED SELLER! Updated one bedroom located in East Yonkers. Great Price, location and condition! Updates include new panel doors, hardware, base molding, light fixtures, kitchen flr, bathroom vanity cabinet. PLENTY OF CLOSETS! A PERFECT LOCATION on a cul-de-sac off Central Park Ave. Easy commute to NYC on Express Bus or take Metro North Train from Tuckahoe, 5 mins away. Close to I-87 & parkways. Assigned parking, storage, outdoor swimming pool, barbecue area

20. 2011-08-05
    price $117,500 471-char remark

    Show marketing remark (471 chars)

    MOTIVATED SELLER! Updated one bedroom located in East Yonkers. Great Price, location and condition! Updates include new panel doors, hardware, base molding, light fixtures, kitchen flr, bathroom vanity cabinet. PLENTY OF CLOSETS! A PERFECT LOCATION on a cul-de-sac off Central Park Ave. Easy commute to NYC on Express Bus or take Metro North Train from Tuckahoe, 5 mins away. Close to I-87 & parkways. Assigned parking, storage, outdoor swimming pool, barbecue area

21. 2011-07-11
    price $117,500 471-char remark

    Show marketing remark (471 chars)

    MOTIVATED SELLER! Updated one bedroom located in East Yonkers. Great Price, location and condition! Updates include new panel doors, hardware, base molding, light fixtures, kitchen flr, bathroom vanity cabinet. PLENTY OF CLOSETS! A PERFECT LOCATION on a cul-de-sac off Central Park Ave. Easy commute to NYC on Express Bus or take Metro North Train from Tuckahoe, 5 mins away. Close to I-87 & parkways. Assigned parking, storage, outdoor swimming pool, barbecue area

22. 2011-05-03
    price $127,500 471-char remark

    Show marketing remark (471 chars)

    MOTIVATED SELLER! Updated one bedroom located in East Yonkers. Great Price, location and condition! Updates include new panel doors, hardware, base molding, light fixtures, kitchen flr, bathroom vanity cabinet. PLENTY OF CLOSETS! A PERFECT LOCATION on a cul-de-sac off Central Park Ave. Easy commute to NYC on Express Bus or take Metro North Train from Tuckahoe, 5 mins away. Close to I-87 & parkways. Assigned parking, storage, outdoor swimming pool, barbecue area

23. 2011-03-30
    price $131,800 471-char remark

    Show marketing remark (471 chars)

    MOTIVATED SELLER! Updated one bedroom located in East Yonkers. Great Price, location and condition! Updates include new panel doors, hardware, base molding, light fixtures, kitchen flr, bathroom vanity cabinet. PLENTY OF CLOSETS! A PERFECT LOCATION on a cul-de-sac off Central Park Ave. Easy commute to NYC on Express Bus or take Metro North Train from Tuckahoe, 5 mins away. Close to I-87 & parkways. Assigned parking, storage, outdoor swimming pool, barbecue area

24. 2011-02-26
    listed $137,500 Active 471-char remark

    Show marketing remark (471 chars)

    MOTIVATED SELLER! Updated one bedroom located in East Yonkers. Great Price, location and condition! Updates include new panel doors, hardware, base molding, light fixtures, kitchen flr, bathroom vanity cabinet. PLENTY OF CLOSETS! A PERFECT LOCATION on a cul-de-sac off Central Park Ave. Easy commute to NYC on Express Bus or take Metro North Train from Tuckahoe, 5 mins away. Close to I-87 & parkways. Assigned parking, storage, outdoor swimming pool, barbecue area

ⓘ 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 3/10 Moderate
• 🌡 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 4/10 Moderate 3 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $29,141
• − Mortgage interest: −$10,027
• − Property taxes: −$2,685
• − Insurance: −$895
• − Repairs & maintenance: −$2,331
• − Management: −$2,331
• − HOA: −$10,728
• − Depreciation: −$5,207
• Taxable loss: −$5,064
• Est. tax savings @ 24.0%: +$1,215
• After-tax cash flow: $-1,336/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: Yonkers City School District
• NCES district ID: 3631920
• Math proficiency: 41% ▼ -1.00%
• Reading proficiency: 54% ▲ 14.00%
• Median HH income: $58,042
• Composite: 41.43/100
• National rank: #3471
• State rank: #413 of 590 in NY

Livability — Yonkers

• Score: 68/100
• State rank: #528
• US rank: #9394

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Yonkers, NY
• County: Westchester County · 709,332 people
• City population: 212,407
• Metro: New York-Newark-Jersey City, NY-NJ-PA
• Population (ZIP): 25,855
• Household income: $108,845
• Rent vs Own: 29.3% rent · 70.7% own
• Severe rent burden: 920.0

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: Highly diverse neighborhood (Simpson 0.72)
• Race & ethnicity: White 39% Hispanic / Latino 30% Black 14% Two or more races 12% Asian 11% Native American 2%
• Hispanic origin (detail): Mexican 1% Puerto Rican 9% Dominican 9%
• Common ancestry: Romanian 2% Scotch-Irish 1% Hispanic 1%
• Foreign-born: 26% · Canada, Jamaica, China
• Languages at home: 64% English-only · Spanish 18% Other Indo-European 6% Other Asian/Pacific 5%

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: ▼ -622.30%
• Current HPI: 297.1704
• 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

+32.4% since first listed

9 events — show timeline

• 2026-03-25 Listed $182,000 OneKey® MLS as Distributed by MLS Grid
• 2014-03-15 Price Changed $112,000 HGMLS
• 2011-10-21 Sold (MLS) $112,000 HGMLS
• 2011-08-05 Contingent — HGMLS
• 2011-08-05 Price Changed $117,500 HGMLS
• 2011-07-11 Price Changed $117,500 HGMLS
• 2011-05-03 Price Changed $127,500 HGMLS
• 2011-03-30 Price Changed $131,800 HGMLS
• 2011-02-26 Listed $137,500 HGMLS