1 Fieldstone Dr #77 · Hartsdale, NY 10530

$430,000

3 bd · 2.0 ba · 1,300 sqft · Condo · 33 Days on market

Built 1955

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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 +25.9/30.0
• DSCR +8.7/10.0
• ARV discount +7.5/15.0
• 1% rule +6.9/10.0
• Schools +4.9/10.0
• Livability +4.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

WOW! If you are looking for a House and don't want the EXTRA WORK, this is the one for you. Maintenance free Co-op in sought after Rex Ridge Complex in Move-In condition. This Corner Unit features 3 Bedroom 2 Full Baths with Hardwood floors throughout, Ceramic Tiles in Kitchen & Baths, newer Kitchen and Baths. New Panel Doors (6) in all the rooms, New 3” Base Board Moldings throughout and Ceiling Fans in all the rooms. A MUST SEE to truly appreciate. Unit has its own Separate Entrance, with only two steps into a patio where you can sit and relax. This apartment is set on the corner of the property with a large usable outside space for your Barbecuing pleasure or just relax under the trees in your Patio Set. If you have a Green Thumb, you can add more beauty to the surrounding flower beds. DON'T PASS THIS ONE BY. COME AND SEE IT QUICKLY, AS IT WILL SELL FAST. This is truly one of the nicest units in Rex Ridge. STAR Credit of $188.01 NOT included in Monthly Maintenance. 1 Cat allowed.

Key facts

• Community pool
• Built 1955
• Listed 33 days

Property features AI

Finance

• Other: Community features include playground, pool and sidewalks
• HOA & community: Association: Rex Ridge Apartment Corp; Monthly association fee; Association amenities include pool, playground, landscaping, grounds maintenance, snow removal, and pool service; Association fee covers exterior maintenance, grounds care, heat, hot water, sewer, water, pool service and snow removal

Exterior

• Parking: Assigned parking; On-street parking available; Parking waitlist; Parking fee applies
• Security: Live-in superintendent
• Utilities: Electric service by Con Edison; Natural gas connected; Public sewer; Water connected; Sewer connected; Trash collection (public); Cable and phone available; Electricity connected
• Home design: Stock cooperative; Two-story building (unit on ground/entry level); Ground-floor location
• Construction: Brick construction; Built with actual property condition
• Exterior features: Courtyard; Playground on site; Private entrance; Outdoor in-ground pool; Outdoor space; Bicycle room; Walk-up access; Sidewalks; Landscaped grounds

Interior

• Kitchen: Gas oven and gas range; Microwave; Refrigerator; Stainless steel appliances; ENERGY STAR qualified appliances
• Bedrooms: Includes a first-floor bedroom
• Flooring: Hardwood floors; Laminate floors
• Bathrooms: 2 full bathrooms
• Heating & cooling: Hot water heating; Wall/window air conditioning units
• Interior features: First-floor bedroom; First-floor full bathroom; Ceiling fans; Entrance foyer; High-speed internet; Primary bathroom; Recessed lighting; Washer/dryer hookup; Patio
• Laundry & utility: In-unit laundry; Washer and dryer included; Washer hookup; Electric dryer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath condo listed at $430k.

Deal economics

• At list price, monthly cash flow is $1k ($13k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($5k rent vs $430k).
• Recommended offer: $417k (3.0% below list) — sets the bar for market timing.
• Cap rate 9.3% vs local median 5.8% in Hartsdale — 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 81/100 on livability (#94 in NY, #1,430 nationally) — a professional / high-income tenant draw. Strengths: crime A+, employment A+, housing A+; Watch: amenities F, cost of living F.
• Greenburgh Central School District (suburban): math 51% / reading 55% proficiency, ranked #267 of 590 in NY (top 45%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Early Childhood Program (128 students, 0% FRL); Woodlands Middle/High School (math 62% / reading 52%, grade C, #887 of 1,100 statewide, top 82%, 681 students, 66% FRL).
• Market conditions: 156 active listings in the ZIP; 17 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); 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 $3k of loan paydown is wiped out by about $13k 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 33 days — a 3% lower offer ($417k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 21y 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 $275k; list at $430k implies a 56% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1955 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $417,100 (3.0% below list)

Questions for the listing agent

1. It's been on market 33 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. 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. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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.
7. 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.
8. 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: 1.19% ✓
• Cap rate: 9.26%
• Cash-on-cash: 10.59%
• DSCR: 1.47
• GRM: 7.0

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: -0.4%
• Equity multiple: 0.98×
• Total profit: $-1,958
• Equity at exit: $64,114

10-year hold

• IRR: 9.3%
• Equity multiple: 1.71×
• Total profit: $85,710
• Equity at exit: $37,179

Cash invested: $120,400 (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 10530

• Active inventory: 156
• Price-to-rent: 7.0×

Monthly cashflow live

• Estimated rent: $5,106 high
• Mortgage (P&I): −$2,255
• Tax est. 1.5%: −$538 /mo · $6,450/yr
• Insurance: −$179
• HOA: −$0
• Vacancy / Maint / Mgmt: −$1,072
• Net cashflow: $1,062

Break-even live

Break-even rent $3,762

Max offer price $430,000

Occupancy floor 74%

Sensitivity live

Price	-10% $1,359	-5% $1,211	+0% $1,062	+5% $913	+10% $765
Rent	-10% $659	-5% $860	+0% $1,062	+5% $1,264	+10% $1,465
Rate	-1.0pp $1,279	-0.5pp $1,171	base $1,062	+0.5pp $951	+1.0pp $837

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: $107,500
• Closing costs: $12,900
• Reserves months: —
• Total cash needed: —

Rent comps 17 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
15 Homewood Rd Hartsdale, NY	3.0	2.0	1868	$7,000	$3.75	25d	1	0.41mi
9 Ridgeview Ave White Plains, NY	3.0	1.0	1500	$3,500	$2.33	25d	1	1.05mi
140 E Hartsdale Ave Hartsdale, NY	2.0	1.0	875	$2,895	$3.31	23d	1	1.08mi
55 Bank St White Plains, NY	2.0	1.0–2.0	813	$5,418	$6.66	0d	23	1.10mi
57 Bank St Unit 1040035P White Plains, NY	2.0	1.0–2.0	726	$9,348	$12.88	4d	3	1.11mi
15 Bank St White Plains, NY	1.0–2.0	1.0–2.0	934	$4,093	$4.38	0d	19	1.13mi
846 Hartsdale Rd White Plains, NY	3.0	2.5	1500	$5,200	$3.47	18d	1	1.16mi
1 Martine Ave White Plains, NY	1.0–2.0	1.0–2.0	780	$4,295	$5.51	0d	10	1.18mi
25 N Lexington Ave White Plains, NY	3.0	1.0–2.0	988	$7,972	$8.07	0d	26	1.20mi
26 Fairview Ave White Plains, NY	3.0	1.5	1100	$3,600	$3.27	44d	1	1.29mi
250 S Central Ave Apt 3I Hartsdale, NY	2.0	1.0	1000	$4,350	$4.35	44d	1	1.29mi
250 S Central Ave Apt 4A Hartsdale, NY	2.0	1.0	1289	$4,350	$3.37	18d	1	1.29mi
250 Central Park Ave Unit 5I Hartsdale, NY	2.0	1.0	1000	$4,550	$4.55	18d	1	1.32mi
250 S Central Ave Hartsdale, NY	1.0–2.0	1.0–2.0	1084	$5,500	$5.07	0d	1	1.32mi
290 E Main St Elmsford, NY	1.0–2.0	1.0–2.0	1077	$4,107	$3.81	0d	7	1.35mi
27 Barker Ave White Plains, NY	2.0	1.0–2.0	1131	$5,391	$4.76	0d	18	1.46mi
5 Renaissance Sq Apt 21F White Plains, NY	2.0	2.5	1534	$6,850	$4.47	18d	1	1.49mi

HOA detail condo

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

Listing history 15 events

1. 2026-04-22
   status Pending
2. 2026-03-16
   listed $430,000 Active
3. 2026-03-11
   historical $430,000
4. 2016-10-18
   soldstatus $275,000 Sold 1009-char remark

   Show marketing remark (1009 chars)

   WOW! If you are looking for a House and don't want the EXTRA WORK, this is the one for you. Maintenance free Co-op in sought after Rex Ridge Complex in Move-In condition. This Corner Unit features 3 Bedroom 2 Full Baths with Hardwood floors throughout, Ceramic Tiles in Kitchen & Baths, newer Kitchen and Baths. New Panel Doors (6) in all the rooms, New 3” Base Board Moldings throughout and Ceiling Fans in all the rooms. A MUST SEE to truly appreciate. Unit has its own Separate Entrance, with only two steps into a patio where you can sit and relax. This apartment is set on the corner of the property with a large usable outside space for your Barbecuing pleasure or just relax under the trees in your Patio Set. If you have a Green Thumb, you can add more beauty to the surrounding flower beds. DON'T PASS THIS ONE BY. COME AND SEE IT QUICKLY, AS IT WILL SELL FAST. This is truly one of the nicest units in Rex Ridge. STAR Credit of $188.01 NOT included in Monthly Maintenance. 1 Cat allowed.

5. 2016-10-18
   price $274,900 1009-char remark

   Show marketing remark (1009 chars)

   WOW! If you are looking for a House and don't want the EXTRA WORK, this is the one for you. Maintenance free Co-op in sought after Rex Ridge Complex in Move-In condition. This Corner Unit features 3 Bedroom 2 Full Baths with Hardwood floors throughout, Ceramic Tiles in Kitchen & Baths, newer Kitchen and Baths. New Panel Doors (6) in all the rooms, New 3” Base Board Moldings throughout and Ceiling Fans in all the rooms. A MUST SEE to truly appreciate. Unit has its own Separate Entrance, with only two steps into a patio where you can sit and relax. This apartment is set on the corner of the property with a large usable outside space for your Barbecuing pleasure or just relax under the trees in your Patio Set. If you have a Green Thumb, you can add more beauty to the surrounding flower beds. DON'T PASS THIS ONE BY. COME AND SEE IT QUICKLY, AS IT WILL SELL FAST. This is truly one of the nicest units in Rex Ridge. STAR Credit of $188.01 NOT included in Monthly Maintenance. 1 Cat allowed.

6. 2016-10-17
   soldstatus $275,000 1063-char remark

   Show marketing remark (1063 chars)

   WOW! If you are looking for a House and don't want the EXTRA WORK, this is the one for you. Maintenance free Co-op in sought after Rex Ridge Complex in Move-In condition. This Corner Unit features 3 Bedroom 2 Full Baths with Hardwood floors throughout, Ceramic Tiles in Kitchen & Baths, newer Kitchen and Baths. New Panel Doors (6) in all the rooms, New 3” Base Board Moldings throughout and Ceiling Fans in all the rooms. A MUST SEE to truly appreciate. Unit has its own Separate Entrance, with only two steps into a patio where you can sit and relax. This apartment is set on the corner of the property with a large usable outside space for your Barbecuing pleasure or just relax under the trees in your Patio Set. If you have a Green Thumb, you can add more beauty to the surrounding flower beds. DON'T PASS THIS ONE BY. COME AND SEE IT QUICKLY, AS IT WILL SELL FAST. This is truly one of the nicest units in Rex Ridge. STAR Credit of $188.01 NOT included in Monthly Maintenance. 1 Cat allowed. Additional Information: HeatingFuel:Oil Above Ground,

7. 2016-07-20
   historical Pending 1009-char remark

   Show marketing remark (1009 chars)

   WOW! If you are looking for a House and don't want the EXTRA WORK, this is the one for you. Maintenance free Co-op in sought after Rex Ridge Complex in Move-In condition. This Corner Unit features 3 Bedroom 2 Full Baths with Hardwood floors throughout, Ceramic Tiles in Kitchen & Baths, newer Kitchen and Baths. New Panel Doors (6) in all the rooms, New 3” Base Board Moldings throughout and Ceiling Fans in all the rooms. A MUST SEE to truly appreciate. Unit has its own Separate Entrance, with only two steps into a patio where you can sit and relax. This apartment is set on the corner of the property with a large usable outside space for your Barbecuing pleasure or just relax under the trees in your Patio Set. If you have a Green Thumb, you can add more beauty to the surrounding flower beds. DON'T PASS THIS ONE BY. COME AND SEE IT QUICKLY, AS IT WILL SELL FAST. This is truly one of the nicest units in Rex Ridge. STAR Credit of $188.01 NOT included in Monthly Maintenance. 1 Cat allowed.

8. 2016-07-20
   price $275,000 1009-char remark

   Show marketing remark (1009 chars)

   WOW! If you are looking for a House and don't want the EXTRA WORK, this is the one for you. Maintenance free Co-op in sought after Rex Ridge Complex in Move-In condition. This Corner Unit features 3 Bedroom 2 Full Baths with Hardwood floors throughout, Ceramic Tiles in Kitchen & Baths, newer Kitchen and Baths. New Panel Doors (6) in all the rooms, New 3” Base Board Moldings throughout and Ceiling Fans in all the rooms. A MUST SEE to truly appreciate. Unit has its own Separate Entrance, with only two steps into a patio where you can sit and relax. This apartment is set on the corner of the property with a large usable outside space for your Barbecuing pleasure or just relax under the trees in your Patio Set. If you have a Green Thumb, you can add more beauty to the surrounding flower beds. DON'T PASS THIS ONE BY. COME AND SEE IT QUICKLY, AS IT WILL SELL FAST. This is truly one of the nicest units in Rex Ridge. STAR Credit of $188.01 NOT included in Monthly Maintenance. 1 Cat allowed.

9. 2016-04-21
   listed $274,900 Active 1009-char remark

   Show marketing remark (1009 chars)

   WOW! If you are looking for a House and don't want the EXTRA WORK, this is the one for you. Maintenance free Co-op in sought after Rex Ridge Complex in Move-In condition. This Corner Unit features 3 Bedroom 2 Full Baths with Hardwood floors throughout, Ceramic Tiles in Kitchen & Baths, newer Kitchen and Baths. New Panel Doors (6) in all the rooms, New 3” Base Board Moldings throughout and Ceiling Fans in all the rooms. A MUST SEE to truly appreciate. Unit has its own Separate Entrance, with only two steps into a patio where you can sit and relax. This apartment is set on the corner of the property with a large usable outside space for your Barbecuing pleasure or just relax under the trees in your Patio Set. If you have a Green Thumb, you can add more beauty to the surrounding flower beds. DON'T PASS THIS ONE BY. COME AND SEE IT QUICKLY, AS IT WILL SELL FAST. This is truly one of the nicest units in Rex Ridge. STAR Credit of $188.01 NOT included in Monthly Maintenance. 1 Cat allowed.

10. 2016-04-20
    listed $274,900 1063-char remark

    Show marketing remark (1063 chars)

    WOW! If you are looking for a House and don't want the EXTRA WORK, this is the one for you. Maintenance free Co-op in sought after Rex Ridge Complex in Move-In condition. This Corner Unit features 3 Bedroom 2 Full Baths with Hardwood floors throughout, Ceramic Tiles in Kitchen & Baths, newer Kitchen and Baths. New Panel Doors (6) in all the rooms, New 3” Base Board Moldings throughout and Ceiling Fans in all the rooms. A MUST SEE to truly appreciate. Unit has its own Separate Entrance, with only two steps into a patio where you can sit and relax. This apartment is set on the corner of the property with a large usable outside space for your Barbecuing pleasure or just relax under the trees in your Patio Set. If you have a Green Thumb, you can add more beauty to the surrounding flower beds. DON'T PASS THIS ONE BY. COME AND SEE IT QUICKLY, AS IT WILL SELL FAST. This is truly one of the nicest units in Rex Ridge. STAR Credit of $188.01 NOT included in Monthly Maintenance. 1 Cat allowed. Additional Information: HeatingFuel:Oil Above Ground,

11. 2006-01-18
    price $299,000
12. 2006-01-18
    soldstatus $285,000
13. 2005-09-06
    listed $285,000
14. 2005-07-25
    historical
15. 2005-02-07
    listed

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

Taxation est. · year 1

• Rental income: $61,271
• − Mortgage interest: −$24,087
• − Property taxes: −$6,450
• − Insurance: −$2,150
• − Repairs & maintenance: −$4,902
• − Management: −$4,902
• − Depreciation: −$12,509
• Taxable income: $6,272
• Est. tax owed @ 24.0%: −$1,505
• After-tax cash flow: $11,239/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: Greenburgh Central School District
• NCES district ID: 3612720
• Math proficiency: 51% ▲ 4.00%
• Reading proficiency: 55% ▲ 5.00%
• Median HH income: $93,626
• Composite: 49.43/100
• National rank: #2005
• State rank: #267 of 590 in NY

Livability — Hartsdale

• Score: 81/100
• State rank: #94
• US rank: #1430

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 13,955

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 (68%)
• Race & ethnicity: White 68% Hispanic / Latino 12% Asian 10% Two or more races 9% Black 7%
• Hispanic origin (detail): Mexican 2% Puerto Rican 4% Dominican 2%
• Common ancestry: Romanian 9% Scotch-Irish 5% Italian 2%
• Foreign-born: 23% · Canada, China, South Korea
• Languages at home: 71% English-only · Spanish 9% Other Indo-European 6% Russian/Polish/Slavic 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: ▼ -616.16%
• Current HPI: 320.7324
• 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

+50.9% since first listed

15 events — show timeline

• 2026-04-22 Pending — OneKey® MLS as Distributed by MLS Grid
• 2026-03-16 Listed $430,000 OneKey® MLS as Distributed by MLS Grid
• 2026-03-11 Coming Soon $430,000 OneKey® MLS as Distributed by MLS Grid
• 2016-10-18 Price Changed $274,900 HGMLS
• 2016-10-18 Sold (MLS) $275,000 HGMLS
• 2016-10-17 Sold (MLS) $275,000 OneKey® MLS as Distributed by MLS Grid
• 2016-07-20 Contingent — HGMLS
• 2016-07-20 Price Changed $275,000 HGMLS
• 2016-04-21 Listed $274,900 HGMLS
• 2016-04-20 Listed $274,900 OneKey® MLS as Distributed by MLS Grid
• 2006-01-18 Sold (MLS) $285,000 HGMLS
• 2006-01-18 Price Changed $299,000 HGMLS
• 2005-09-06 Listed $285,000 HGMLS
• 2005-07-25 Delisted — HGMLS
• 2005-02-07 Listed — HGMLS