200 N Village Ave Apt B1 · Rockville Centre, NY 11570

$349,000

1 bd · 1.0 ba · 700 sqft · Condo · 46 Days on market

Built 1950

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Why this score? — see what drove the F 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 +7.5/15.0
• Schools +7.4/10.0
• Livability +4.3/5.0
• Cash flow +4.1/30.0
• 1% rule +3.3/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• DSCR +0.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Spacious one bedroom, one bath, corner unit. Renovated kitchen with granite countertops, island and stainless steel appliances. Updated full bath. King size bedroom with walk-in closet. Walk-in closet has custom built-ins with space for home office, gym or nursey. Open concept living room and dining room with 2 additional closets. Common laundry and storage rooms in same building as unit. Storage available for an additional $15/month. Waitlist for parking but seller will pay for parking permit for Municipal Lot for one year. Located in the heart of the Incorporated Village of Rockville Centre just blocks from the LIRR, restaurants, shops and library. Park-like professionally landscape grounds with well maintained buildings., Additional information: Appearance:Excellent,Interior Features:Lr/Dr

Key facts

• Close to lirr
• Municipal parking
• Laundry in basement

Tags

• OUTDOOR SPACE
• LAUNDRY IN BASEMENT
• BIKE STORAGE
• GARAGE PARKING
• MUNICIPAL PARKING
• CLOSE TO LIRR

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $349k.

Deal economics

• At list price, monthly cash flow is $-964 ($-12k/yr) — negative.
• To cash-flow at today's rent, offer at most $333k (4.7% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $291k (16.6% below list).
• Recommended offer: $291k (16.6% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 86/100 on livability (#17 in NY, #365 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, employment A+; Watch: cost of living F.
• Rockville Centre Union Free School District (suburban): math 82% / reading 82% proficiency, ranked #37 of 590 in NY (top 6%) — strong family-tenant draw, lease renewals of 3-5y typical; only 9% free/reduced lunch — higher-income household profile.
• Zoned schools: South Side Middle School (math 56% / reading 75%, grade A-, #119 of 729 statewide, top 16%, 837 students, 14% FRL); South Side High School (math 98% / reading 75%, grade A, #336 of 1,100 statewide, top 31%, 999 students, 16% FRL).
• Market conditions: 144 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals at typical pace (median 27d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 824 units permitted in Nassau County in 2024 (153 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $10k of value loss. Plan a longer hold.
• Nassau County population projected at +7% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 46 days — a 3% lower offer ($339k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 5y 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 $290k; 20% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: HOA is 29% of rent; built in 1950 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 71% chance of damaging wind over 30y; extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $290,919 (16.6% 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 46 days. Have you received any prior offers? Is the seller open to a 17% concession, seller financing, or rate buy-down credit?
3. Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. 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?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. Schools are A-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?
8. 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?
9. 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.
10. 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.
11. 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: 0.83% ✗
• Cap rate: 2.98%
• Cash-on-cash: -11.83%
• DSCR: 0.47
• GRM: 10.0

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: -37.7%
• Equity multiple: -0.20×
• Total profit: $-117,359
• Equity at exit: $52,037

10-year hold

• IRR: -53.6%
• Equity multiple: -0.83×
• Total profit: $-178,920
• Equity at exit: $30,175

Cash invested: $97,720 (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 11570

• Active inventory: 144
• Price-to-rent: 10.0×

Monthly cashflow live

• Estimated rent: $2,909 high
• Mortgage (P&I): −$1,830
• Tax est. 1.5%: −$436 /mo · $5,235/yr
• Insurance: −$145
• HOA est. from 1 same-building comp: −$850
• Vacancy / Maint / Mgmt: −$611
• Net cashflow: $-964

Break-even live

Break-even rent $4,129

Max offer price $209,565

Occupancy floor —

Sensitivity live

Price	-10% $-722	-5% $-843	+0% $-964	+5% $-1,084	+10% $-1,205
Rent	-10% $-1,193	-5% $-1,079	+0% $-964	+5% $-849	+10% $-734
Rate	-1.0pp $-788	-0.5pp $-875	base $-964	+0.5pp $-1,054	+1.0pp $-1,146

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: $87,250
• Closing costs: $10,470
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
80 N Centre Ave Rockville Centre, NY	3.0	1.0–3.5	1254	$3,953	$3.15	0d	1	0.24mi
91 Grand Ave Rockville Centre, NY	—	1.0	523	$2,025	$3.87	45d	1	0.40mi
275 Maple Ave Apt 6D Rockville Centre, NY	2.0	1.0	673	$2,875	$4.27	26d	1	0.90mi
318 Earle Ave Unit 2 Lynbrook, NY	1.0	1.0	600	$2,500	$4.17	26d	1	1.05mi
108 Earle Ave Lynbrook, NY	1.0	1.0	500	$2,500	$5.00	26d	1	1.13mi
157 Hempstead Ave Unit B6 Lynbrook, NY	1.0	1.0	700	$2,700	$3.86	26d	1	1.15mi
8 Roswell Ave Oceanside, NY	2.0	1.5	741	$3,100	$4.18	26d	1	1.39mi

HOA detail condo

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

Listing history 7 events

1. 2025-06-03
   status Pending
2. 2025-05-02
   price $349,000
3. 2025-04-18
   price $359,000
4. 2025-04-18
   listed $349,000 Active
5. 2022-02-07
   soldstatus $290,000 Closed 803-char remark

   Show marketing remark (803 chars)

   Spacious one bedroom, one bath, corner unit. Renovated kitchen with granite countertops, island and stainless steel appliances. Updated full bath. King size bedroom with walk-in closet. Walk-in closet has custom built-ins with space for home office, gym or nursey. Open concept living room and dining room with 2 additional closets. Common laundry and storage rooms in same building as unit. Storage available for an additional $15/month. Waitlist for parking but seller will pay for parking permit for Municipal Lot for one year. Located in the heart of the Incorporated Village of Rockville Centre just blocks from the LIRR, restaurants, shops and library. Park-like professionally landscape grounds with well maintained buildings., Additional information: Appearance:Excellent,Interior Features:Lr/Dr

6. 2021-11-01
   status Pending 803-char remark

   Show marketing remark (803 chars)

   Spacious one bedroom, one bath, corner unit. Renovated kitchen with granite countertops, island and stainless steel appliances. Updated full bath. King size bedroom with walk-in closet. Walk-in closet has custom built-ins with space for home office, gym or nursey. Open concept living room and dining room with 2 additional closets. Common laundry and storage rooms in same building as unit. Storage available for an additional $15/month. Waitlist for parking but seller will pay for parking permit for Municipal Lot for one year. Located in the heart of the Incorporated Village of Rockville Centre just blocks from the LIRR, restaurants, shops and library. Park-like professionally landscape grounds with well maintained buildings., Additional information: Appearance:Excellent,Interior Features:Lr/Dr

7. 2021-10-04
   listed $299,000 Active 803-char remark

   Show marketing remark (803 chars)

   Spacious one bedroom, one bath, corner unit. Renovated kitchen with granite countertops, island and stainless steel appliances. Updated full bath. King size bedroom with walk-in closet. Walk-in closet has custom built-ins with space for home office, gym or nursey. Open concept living room and dining room with 2 additional closets. Common laundry and storage rooms in same building as unit. Storage available for an additional $15/month. Waitlist for parking but seller will pay for parking permit for Municipal Lot for one year. Located in the heart of the Incorporated Village of Rockville Centre just blocks from the LIRR, restaurants, shops and library. Park-like professionally landscape grounds with well maintained buildings., Additional information: Appearance:Excellent,Interior Features:Lr/Dr

ⓘ 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 ≥97°F today · 16 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 71% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 5 unhealthy d/yr today · 8 by 30 yrs out

Taxation est. · year 1

• Rental income: $34,910
• − Mortgage interest: −$19,549
• − Property taxes: −$5,235
• − Insurance: −$1,745
• − Repairs & maintenance: −$2,793
• − Management: −$2,793
• − HOA: −$10,200
• − Depreciation: −$10,153
• Taxable loss: −$17,558
• Est. tax savings @ 24.0%: +$4,214
• After-tax cash flow: $-7,349/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: Rockville Centre Union Free School District
• NCES district ID: 3624780
• Math proficiency: 82% ▲ 3.00%
• Reading proficiency: 82% ▲ 2.00%
• Median HH income: $102,401
• Composite: 74.33/100
• National rank: #162
• State rank: #37 of 590 in NY

Livability — Rockville Centre

• Score: 86/100
• State rank: #17
• US rank: #365

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Rockville Centre, NY
• County: Nassau County · 653,051 people
• City population: 28,908
• Metro: New York-Newark-Jersey City, NY-NJ-PA
• Population (ZIP): 28,908
• Household income: $157,163
• Rent vs Own: 24.0% rent · 76.0% own
• Severe rent burden: 732.0

Population outlook (Nassau County) Hauer SSP2

• Today (2025): 1,409,302 people
• By 2030: 1,431,482 · +1.6%
• By 2040: 1,471,607 · +4.4%
• By 2050: 1,502,845 · +6.6%
• By 2075: 1,575,403 · +11.8%
• By 2100: 1,554,356 · +10.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (74%)
• Race & ethnicity: White 74% Hispanic / Latino 12% Two or more races 7% Black 5% Asian 5%
• Hispanic origin (detail): Puerto Rican 2% Dominican 4%
• Common ancestry: Romanian 4% Scotch-Irish 4% Subsaharan African 1%
• Foreign-born: 12% · Canada, China, South Korea
• Languages at home: 84% English-only · Spanish 8% Other Indo-European 5% Chinese 1%

Political lean MEDSL · Nassau

• 2024 margin: Toss-up / Even · D 47.9% · R 52.1%
• 2008→2024 swing: -12.6pp toward R · 2008: 8.4pp · 2024: -4.2pp
• All cycles: 2024: R+4.2 2020: D+9.5 2016: D+5.3 2012: D+6.7 2008: D+8.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -731.15%
• Current HPI: 275.9882
• 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

+16.7% since first listed

7 events — show timeline

• 2025-06-03 Pending — OneKey® MLS as Distributed by MLS Grid
• 2025-05-02 Price Changed $349,000 OneKey® MLS as Distributed by MLS Grid
• 2025-04-18 Price Changed $359,000 OneKey® MLS as Distributed by MLS Grid
• 2025-04-18 Listed $349,000 OneKey® MLS as Distributed by MLS Grid
• 2022-02-07 Sold (MLS) $290,000 OneKey® MLS as Distributed by MLS Grid
• 2021-11-01 Pending — OneKey® MLS as Distributed by MLS Grid
• 2021-10-04 Listed $299,000 OneKey® MLS as Distributed by MLS Grid