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11 Drumlin Dr
C+ Composite 60.51
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 +20.2/30.0
  • ARV discount +15.0/15.0
  • 1% rule +6.4/10.0
  • DSCR +6.4/10.0
  • Schools +4.0/10.0
  • Livability +3.6/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$239,900

11 Drumlin Dr · Macedon, NY 14502
2 bd · 1.0 ba · 1,224 sqft · SingleFamily public records · 8 Days on market
Built 1972 0.49 ac lot Est $293k · 18% under

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome to this adorable Ranch in Macedon. Brand new vinyl plank flooring and fresh paint throughout will allow you to move right in and make yourself at home! The partially finished basement allows for added living space and extra storage. Enjoy quiet evenings or have fun entertaining in the large private backyard. New hot water tank in 2021 and new tear off roof in 2015. Delayed negotiations until 7/1 @ 4:00PM. Offers due at noon.

Key facts

  • Quartz countertops
  • Half-acre lot
  • Backyard patio

Tags

HALF-ACRE LOTVINYL PLANK FLOORINGGAS FIREPLACEQUARTZ COUNTERTOPSBACKYARD PATIOFIRST-FLOOR LAUNDRY HOOKUP

Property features AI

Exterior

  • Parking: Attached 2-car garage; Driveway; Garage with storage; Garage door opener; Electric vehicle charging station(s)
  • Utilities: Electricity connected (circuit breakers); Photovoltaic solar on the grid; Public water connected; Sewer connected; Cable available; High-speed internet available
  • Home design: Single-story home (1 story); Resale property
  • Construction: Brick and vinyl siding construction; Architectural shingle roof; Block foundation; Built as an existing structure
  • Exterior features: Blacktop driveway; Fully fenced yard; Patio

Interior

  • Kitchen: Dishwasher; Electric oven; Electric range; Free-standing range; Oven; Refrigerator; Garbage disposal; Eat-in kitchen
  • Bedrooms: 2 bedrooms on the main level
  • Flooring: Carpet; Laminate; Luxury vinyl; Varies
  • Bathrooms: 1 full bathroom on the main level
  • Heating & cooling: Central air conditioning; Gas heating with forced air
  • Interior features: Ceiling fans; Eat-in kitchen; Separate/formal living room; Sliding glass doors; Main-level primary bedroom; See remarks
  • Laundry & utility: Washer; Dryer; Laundry located in the basement; Gas water heater

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/1.0-bath single-family listed at $240k.

Deal economics

  • At list price, monthly cash flow is $302 ($4k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($3k rent vs $240k).

Location & tenants

  • Location reads 72/100 on livability (#377 in NY) — a middle-class / working-renter tenant base. Strengths: housing A+, health & safety A+, crime A; Watch: amenities F, commute F.
  • Palmyra-Macedon Central School District (town): math 41% / reading 51% proficiency, ranked #443 of 590 in NY (top 75%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Palmyra-Macedon Primary School (440 students, 37% FRL); Palmyra-Macedon Middle School (math 27% / reading 41%, grade F, #497 of 729 statewide, top 69%, 367 students, 46% FRL); Palmyra-Macedon Senior High School (math 98% / reading 98%, grade A+, #19 of 1,100 statewide, top 4%, 605 students, 37% FRL).
  • Zoned-school proficiency averages 66% at this address vs 46% district-wide (+20 pts) — the actual schools serving this property are materially stronger than the Palmyra-Macedon Central School District average implies; a family-tenant draw the district grade alone would hide.
  • Market conditions: 49 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 259 units permitted in Wayne County in 2024 (90 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 $7k of value loss. Plan a longer hold.
  • Wayne County population projected at -24% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

  • Only 8 days on market — expect competitive offers; lowballing is unlikely to land.
  • 3 sale attempts since 8y 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; 33% above their basis — modest negotiation headroom, anchor on the comps not their cost.
Recommended offer $239,900

Questions for the listing agent

  1. Built in 1972 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  3. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  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
1.14%
Cap rate
7.80%
Cash-on-cash
5.39%
DSCR
1.24
GRM
7.3

CMA / ARV

ARV (on-the-fly)
$292,536
Comps found
3
Show comp detail 3 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
6 Drumlin Dr 0.10mi 3/1.5 (+1) 1,132 (-8%) 9mo $270,000 $239 68
1362 Harwood Ln 0.60mi 2/2.0 1,212 (-1%) 20mo $300,000 $248 50
1372 Canandaigua Rd 0.72mi 3/2.0 (+1) 1,152 (-6%) 10mo $247,000 $214 39

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

Projected returns pro-forma

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

5-year hold
IRR
-7.9%
Equity multiple
0.71×
Total profit
$-19,501
Equity at exit
$35,770
10-year hold
IRR
1.8%
Equity multiple
1.13×
Total profit
$8,416
Equity at exit
$20,742

Cash invested: $67,172 (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.

ZIP-level market 14502

Home prices YoY
-26.0%
Active inventory
49
Price-to-rent
7.3×

Monthly cashflow live

Estimated rent
$2,730 medium interval (Pro) →
Mortgage (P&I)
$1,258
Tax from tax record
$497 /mo · $5,965/yr
Insurance
$100
HOA
$0
Vacancy / Maint / Mgmt
$573
Net cashflow
$302

Break-even live

Break-even rent $2,348
Max offer price $239,900
Occupancy floor 84%

Sensitivity live

Price -10% $437 -5% $370 +0% $302 +5% $234 +10% $166
Rent -10% $86 -5% $194 +0% $302 +5% $409 +10% $517
Rate -1.0pp $422 -0.5pp $363 base $302 +0.5pp $239 +1.0pp $176

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
$59,975
Closing costs
$7,197
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 1 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1155 Marina Pkwy Macedon, NY 2.0 2.0 1136 $2,730 $2.40 13d 1 0.74mi

Listing history 12 events

  1. 2026-05-20
    listed $239,900 Active
  2. 2022-08-05
    soldstatus $180,000
  3. 2022-08-03
    soldstatus $180,000 Closed Sale or Rented 438-char remark
    Show marketing remark (438 chars)

    Welcome to this adorable Ranch in Macedon. Brand new vinyl plank flooring and fresh paint throughout will allow you to move right in and make yourself at home! The partially finished basement allows for added living space and extra storage. Enjoy quiet evenings or have fun entertaining in the large private backyard. New hot water tank in 2021 and new tear off roof in 2015. Delayed negotiations until 7/1 @ 4:00PM. Offers due at noon.

  4. 2022-07-12
    status Pending Sale 438-char remark
    Show marketing remark (438 chars)

    Welcome to this adorable Ranch in Macedon. Brand new vinyl plank flooring and fresh paint throughout will allow you to move right in and make yourself at home! The partially finished basement allows for added living space and extra storage. Enjoy quiet evenings or have fun entertaining in the large private backyard. New hot water tank in 2021 and new tear off roof in 2015. Delayed negotiations until 7/1 @ 4:00PM. Offers due at noon.

  5. 2022-07-03
    historical Continue to Show- Under Contract 438-char remark
    Show marketing remark (438 chars)

    Welcome to this adorable Ranch in Macedon. Brand new vinyl plank flooring and fresh paint throughout will allow you to move right in and make yourself at home! The partially finished basement allows for added living space and extra storage. Enjoy quiet evenings or have fun entertaining in the large private backyard. New hot water tank in 2021 and new tear off roof in 2015. Delayed negotiations until 7/1 @ 4:00PM. Offers due at noon.

  6. 2022-07-02
    status Under Contract- Do Not Show 438-char remark
    Show marketing remark (438 chars)

    Welcome to this adorable Ranch in Macedon. Brand new vinyl plank flooring and fresh paint throughout will allow you to move right in and make yourself at home! The partially finished basement allows for added living space and extra storage. Enjoy quiet evenings or have fun entertaining in the large private backyard. New hot water tank in 2021 and new tear off roof in 2015. Delayed negotiations until 7/1 @ 4:00PM. Offers due at noon.

  7. 2022-06-27
    listed $179,000 Active 438-char remark
    Show marketing remark (438 chars)

    Welcome to this adorable Ranch in Macedon. Brand new vinyl plank flooring and fresh paint throughout will allow you to move right in and make yourself at home! The partially finished basement allows for added living space and extra storage. Enjoy quiet evenings or have fun entertaining in the large private backyard. New hot water tank in 2021 and new tear off roof in 2015. Delayed negotiations until 7/1 @ 4:00PM. Offers due at noon.

  8. 2018-12-28
    soldstatus $135,000 Closed Sale or Rented 512-char remark
    Show marketing remark (512 chars)

    Right size your life with this wonderful 2 bedroom ranch. The oversized patio, accessed from the kitchen dining area, looks out over an open and spacious yard. Utilize the first floor laundry setup for one floor living or easily relocate into the basement. Vinyl siding and newer roof will keep you maintenance free confident for years to come. All appliances are included. Conveniently located to Main Roads, a short drive to Shopping, Entertainment and the Finger Lakes makes this a perfect place to call home.

  9. 2018-12-21
    soldstatus $135,000
  10. 2018-11-05
    status Pending Sale 512-char remark
    Show marketing remark (512 chars)

    Right size your life with this wonderful 2 bedroom ranch. The oversized patio, accessed from the kitchen dining area, looks out over an open and spacious yard. Utilize the first floor laundry setup for one floor living or easily relocate into the basement. Vinyl siding and newer roof will keep you maintenance free confident for years to come. All appliances are included. Conveniently located to Main Roads, a short drive to Shopping, Entertainment and the Finger Lakes makes this a perfect place to call home.

  11. 2018-09-18
    status Under Contract- Do Not Show 512-char remark
    Show marketing remark (512 chars)

    Right size your life with this wonderful 2 bedroom ranch. The oversized patio, accessed from the kitchen dining area, looks out over an open and spacious yard. Utilize the first floor laundry setup for one floor living or easily relocate into the basement. Vinyl siding and newer roof will keep you maintenance free confident for years to come. All appliances are included. Conveniently located to Main Roads, a short drive to Shopping, Entertainment and the Finger Lakes makes this a perfect place to call home.

  12. 2018-09-14
    listed $135,000 Active 512-char remark
    Show marketing remark (512 chars)

    Right size your life with this wonderful 2 bedroom ranch. The oversized patio, accessed from the kitchen dining area, looks out over an open and spacious yard. Utilize the first floor laundry setup for one floor living or easily relocate into the basement. Vinyl siding and newer roof will keep you maintenance free confident for years to come. All appliances are included. Conveniently located to Main Roads, a short drive to Shopping, Entertainment and the Finger Lakes makes this a perfect place to call home.

ⓘ 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
$5,965 · $497/mo
Projected year-2 tax
$5,965 · $497/mo
Expected delta
$0/yr ($0/mo · 0.0%)

ⓘ 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 · 0% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 2/10 Low 7 d/yr ≥96°F today · 16 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$32,760
− Mortgage interest
−$13,438
− Property taxes
−$5,965
− Insurance
−$1,200
− Repairs & maintenance
−$2,621
− Management
−$2,621
− Depreciation
−$6,979
Taxable loss
−$63
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$15
After-tax cash flow
$3,635/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
Palmyra-Macedon Central School District
NCES district ID
3622380
Math proficiency
41% ▼ -5.00%
Reading proficiency
51% ▲ 10.00%
Median HH income
$52,190
Composite
39.65/100
National rank
#3915
State rank
#443 of 590 in NY

Livability — Macedon

Score
72/100
State rank
#377
US rank
#6461

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Macedon, NY
Population (ZIP)
10,515

Population outlook (Wayne County) Hauer SSP2

Today (2025)
85,662 people
By 2030
81,945 · -4.3%
By 2040
73,735 · -13.9%
By 2050
65,029 · -24.1%
By 2075
47,451 · -44.6%
By 2100
31,574 · -63.1%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (88%)
Race & ethnicity
White 88% Two or more races 6% Asian 3% Black 1% Hispanic / Latino 1%
Common ancestry
Iranian 8% Romanian 7% Lithuanian 3%
Foreign-born
4% · China, South Korea
Languages at home
94% English-only · Russian/Polish/Slavic 2% Other Indo-European 2% Chinese 1%

Political lean MEDSL · Wayne

2024 margin
Strong R (+23.1) · D 38.5% · R 61.5%
2008→2024 swing
-13.2pp toward R · 2008: -9.9pp · 2024: -23.1pp
All cycles
2024: R+23.1 2020: R+19.6 2016: R+26.1 2012: R+9.3 2008: R+9.9

Not yet ingested

Civics

Market trends

HPI YoY
▼ -85.25%
Current HPI
242.5682
Rent YoY
Metro
State GDP YoY
▲ 2.60%
F500 in state
92

Industry mix (Fortune 500 HQ in NY)

Industry F500 HQs Revenue

Price history

+77.7% since first listed
12 events — show timeline
  • 2026-05-20 Listed $239,900 UNYREIS
  • 2022-08-05 Sold (Public Records) $180,000 Public Records
  • 2022-08-03 Sold (MLS) $180,000 UNYREIS
  • 2022-07-12 Pending UNYREIS
  • 2022-07-03 Contingent UNYREIS
  • 2022-07-02 Pending UNYREIS
  • 2022-06-27 Listed $179,000 UNYREIS
  • 2018-12-28 Sold (MLS) $135,000 UNYREIS
  • 2018-12-21 Sold (Public Records) $135,000 Public Records
  • 2018-11-05 Pending UNYREIS
  • 2018-09-18 Pending UNYREIS
  • 2018-09-14 Listed $135,000 UNYREIS

Property tax history

+7.1%/yr

Latest (2025): $5,965 · -0.1% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…