469 Eatontown Rd · Otisville, NY 12771

$285,000

4 bd · 3.5 ba · 3,412 sqft · SingleFamily public records · 245 Days on market

Built 1962 1.90 ac lot $84/sqft · 60% below area ↓ 48% since listing

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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).

• Cash flow +8.0/30.0
• ARV discount +7.5/15.0
• Schools +5.0/10.0
• 1% rule +4.1/10.0
• Livability +3.5/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• DSCR +2.1/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

**Multiple offer situation. Seller requesting highest, best and final offers 1pm 5/11/2026. ** Welcome to this spacious ranch-style home offering the convenience of one-level living on a private, level lot. Inside you’ll find a granite kitchen with island seating, a formal dining room for gatherings and two separate living rooms that provide plenty of space for relaxing or entertaining. The primary bedroom includes a private bath, plus there are three well-sized bedrooms and three full bathrooms to accommodate everyone. A dedicated home office adds extra flexibility. Outdoors, the level property features mature trees and a small pond tucked away for a touch of country charm. While the home does need repairs, it offers great potential for buyers looking to customize and update to their own style. Conveniently located just minutes from schools, town parks, and local amenities. Sold As-Is. Buyer to pay NYS and any local transfer taxes. Offers with financing must be accompanied by pre-qual letter; cash offers with proof of funds. **Please see agent remarks for access, showing instructions and offer presentation remarks.**

Key facts

• Formal dining room
• Island seating
• Private level lot

Tags

• GRANITE KITCHEN
• ISLAND SEATING
• FORMAL DINING ROOM
• DEDICATED HOME OFFICE
• PRIVATE LEVEL LOT
• ONE LEVEL LIVING

What this means for you Summary

Snapshot

• This is a 4-bed/3.5-bath single-family listed at $285k.

Deal economics

• At list price, monthly cash flow is $-286 ($-3k/yr) — negative.
• To cash-flow at today's rent, offer at most $235k (17.7% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $259k (9.0% below list).
• Recommended offer: $235k (17.7% below list) — sets the bar for cash-flow.
• Cap rate 5.1% vs local median 2.4% in Otisville — 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 70/100 on livability (#459 in NY) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A+, crime A; Watch: amenities F, commute F.
• Minisink Valley Central School District (rural): math 51% / reading 59% proficiency, ranked #254 of 590 in NY (top 43%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 17% free/reduced lunch — higher-income household profile.
• Zoned schools: Otisville Elementary School (math 27% / reading 57%, grade F, #1,361 of 2,108 statewide, top 67%, 589 students, 30% FRL); Minisink Valley Middle School (math 27% / reading 58%, grade D-, #373 of 729 statewide, top 52%, 775 students, 28% FRL); Minisink Valley High School (math 94% / reading 75%, grade A, #379 of 1,100 statewide, top 36%, 1,172 students, 28% FRL).
• Market conditions: 110 active listings in the ZIP; 1,746 units permitted in Orange County in 2024 (1,265 in 5+ unit buildings).
• At $2,594/mo this rent would consume 46% of the median local household income ($68k/yr) (locally 792% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 245 days — a 12% lower offer ($251k) is reasonable based on typical stale-listing flexibility.
• 10 sale attempts since 18y ago; this cycle's ask is 6233% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

Risks & watch-outs

• Watch-outs: property tax is 3.0% of price.

Recommended offer $234,543 (17.7% 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 245 days. Have you received any prior offers? Is the seller open to a 18% concession, seller financing, or rate buy-down credit?
3. Built in 1962 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
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. 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?
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 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: 0.91% ✗
• Cap rate: 5.09%
• Cash-on-cash: -4.30%
• DSCR: 0.81
• GRM: 9.2

CMA / ARV

• ARV (median comp): $720,242
• List price: $285,000
• Delta: -60.43%
• Verdict: UNDERPRICED
• Comps: 9 within 1.0 mi

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
346 Mullock Rd	0.56mi	3/3.0 (-1)	3,282 (-4%)	4mo	$945,000	$288	57
25 Springbrook Rd	0.66mi	3/3.5 (-1)	3,587 (+5%)	7mo	$685,000	$191	50
11 Tommy Ln	0.53mi	4/3.5	2,999 (-12%)	16mo	$590,000	$197	42

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: -23.4%
• Equity multiple: 0.20×
• Total profit: $-64,110
• Equity at exit: $42,494

10-year hold

• IRR: -17.9%
• Equity multiple: 0.02×
• Total profit: $-78,179
• Equity at exit: $24,642

Cash invested: $79,800 (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 12771

• Home prices YoY: -20.1%
• Active inventory: 110
• Price-to-rent: 9.2×

Monthly cashflow live

• Estimated rent: $2,594 medium
• Mortgage (P&I): −$1,495
• Tax from tax record: −$722 /mo · $8,662/yr
• Insurance: −$119
• HOA: −$0
• Vacancy / Maint / Mgmt: −$545
• Net cashflow: $-286

Break-even live

Break-even rent $2,956

Max offer price $234,543

Occupancy floor —

Sensitivity live

Price	-10% $-124	-5% $-205	+0% $-286	+5% $-366	+10% $-447
Rent	-10% $-491	-5% $-388	+0% $-286	+5% $-183	+10% $-81
Rate	-1.0pp $-142	-0.5pp $-213	base $-286	+0.5pp $-359	+1.0pp $-435

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: $71,250
• Closing costs: $8,550
• Reserves months: —
• Total cash needed: —

Listing history 46 events

1. 2026-06-21
   days on market $285,000 Active 245 DOM
2. 2026-06-18
   days on market $285,000 Active 242 DOM
3. 2026-06-17
   days on market $285,000 Active 241 DOM
4. 2026-06-16
   days on market $285,000 Active 240 DOM
5. 2026-06-15
   days on market $285,000 Active 239 DOM
6. 2026-06-14
   days on market $285,000 Active 237 DOM
7. 2026-06-13
   days on market $285,000 Active 236 DOM
8. 2026-06-10
   days on market $285,000 Active 234 DOM
9. 2026-06-09
   days on market $285,000 Active 233 DOM
10. 2026-06-08
    days on market $285,000 Active 232 DOM
11. 2026-06-07
    days on market $285,000 Active 231 DOM
12. 2026-06-03
    days on market $285,000 Active 227 DOM
13. 2026-06-02
    days on market $285,000 Active 226 DOM
14. 2026-06-01
    days on market $285,000 Active 225 DOM
15. 2026-05-31
    days on market $285,000 Active 224 DOM
16. 2026-05-30
    days on market $285,000 Active 223 DOM
17. 2026-04-29
    status Active 1145-char remark

    Show marketing remark (1145 chars)

    **Multiple offer situation. Seller requesting highest, best and final offers 1pm 5/11/2026. ** Welcome to this spacious ranch-style home offering the convenience of one-level living on a private, level lot. Inside you’ll find a granite kitchen with island seating, a formal dining room for gatherings and two separate living rooms that provide plenty of space for relaxing or entertaining. The primary bedroom includes a private bath, plus there are three well-sized bedrooms and three full bathrooms to accommodate everyone. A dedicated home office adds extra flexibility. Outdoors, the level property features mature trees and a small pond tucked away for a touch of country charm. While the home does need repairs, it offers great potential for buyers looking to customize and update to their own style. Conveniently located just minutes from schools, town parks, and local amenities. Sold As-Is. Buyer to pay NYS and any local transfer taxes. Offers with financing must be accompanied by pre-qual letter; cash offers with proof of funds. **Please see agent remarks for access, showing instructions and offer presentation remarks.**

18. 2026-04-14
    status Pending 1145-char remark

    Show marketing remark (1145 chars)

    **Multiple offer situation. Seller requesting highest, best and final offers 1pm 5/11/2026. ** Welcome to this spacious ranch-style home offering the convenience of one-level living on a private, level lot. Inside you’ll find a granite kitchen with island seating, a formal dining room for gatherings and two separate living rooms that provide plenty of space for relaxing or entertaining. The primary bedroom includes a private bath, plus there are three well-sized bedrooms and three full bathrooms to accommodate everyone. A dedicated home office adds extra flexibility. Outdoors, the level property features mature trees and a small pond tucked away for a touch of country charm. While the home does need repairs, it offers great potential for buyers looking to customize and update to their own style. Conveniently located just minutes from schools, town parks, and local amenities. Sold As-Is. Buyer to pay NYS and any local transfer taxes. Offers with financing must be accompanied by pre-qual letter; cash offers with proof of funds. **Please see agent remarks for access, showing instructions and offer presentation remarks.**

19. 2026-04-07
    status Active 1145-char remark

    Show marketing remark (1145 chars)

    **Multiple offer situation. Seller requesting highest, best and final offers 1pm 5/11/2026. ** Welcome to this spacious ranch-style home offering the convenience of one-level living on a private, level lot. Inside you’ll find a granite kitchen with island seating, a formal dining room for gatherings and two separate living rooms that provide plenty of space for relaxing or entertaining. The primary bedroom includes a private bath, plus there are three well-sized bedrooms and three full bathrooms to accommodate everyone. A dedicated home office adds extra flexibility. Outdoors, the level property features mature trees and a small pond tucked away for a touch of country charm. While the home does need repairs, it offers great potential for buyers looking to customize and update to their own style. Conveniently located just minutes from schools, town parks, and local amenities. Sold As-Is. Buyer to pay NYS and any local transfer taxes. Offers with financing must be accompanied by pre-qual letter; cash offers with proof of funds. **Please see agent remarks for access, showing instructions and offer presentation remarks.**

20. 2026-04-06
    status Pending 1145-char remark

    Show marketing remark (1145 chars)

    **Multiple offer situation. Seller requesting highest, best and final offers 1pm 5/11/2026. ** Welcome to this spacious ranch-style home offering the convenience of one-level living on a private, level lot. Inside you’ll find a granite kitchen with island seating, a formal dining room for gatherings and two separate living rooms that provide plenty of space for relaxing or entertaining. The primary bedroom includes a private bath, plus there are three well-sized bedrooms and three full bathrooms to accommodate everyone. A dedicated home office adds extra flexibility. Outdoors, the level property features mature trees and a small pond tucked away for a touch of country charm. While the home does need repairs, it offers great potential for buyers looking to customize and update to their own style. Conveniently located just minutes from schools, town parks, and local amenities. Sold As-Is. Buyer to pay NYS and any local transfer taxes. Offers with financing must be accompanied by pre-qual letter; cash offers with proof of funds. **Please see agent remarks for access, showing instructions and offer presentation remarks.**

21. 2026-03-18
    price $285,000 1145-char remark

    Show marketing remark (1145 chars)

    **Multiple offer situation. Seller requesting highest, best and final offers 1pm 5/11/2026. ** Welcome to this spacious ranch-style home offering the convenience of one-level living on a private, level lot. Inside you’ll find a granite kitchen with island seating, a formal dining room for gatherings and two separate living rooms that provide plenty of space for relaxing or entertaining. The primary bedroom includes a private bath, plus there are three well-sized bedrooms and three full bathrooms to accommodate everyone. A dedicated home office adds extra flexibility. Outdoors, the level property features mature trees and a small pond tucked away for a touch of country charm. While the home does need repairs, it offers great potential for buyers looking to customize and update to their own style. Conveniently located just minutes from schools, town parks, and local amenities. Sold As-Is. Buyer to pay NYS and any local transfer taxes. Offers with financing must be accompanied by pre-qual letter; cash offers with proof of funds. **Please see agent remarks for access, showing instructions and offer presentation remarks.**

22. 2026-03-09
    historical $4,500
23. 2026-02-17
    price $299,900 1145-char remark

    Show marketing remark (1145 chars)

    **Multiple offer situation. Seller requesting highest, best and final offers 1pm 5/11/2026. ** Welcome to this spacious ranch-style home offering the convenience of one-level living on a private, level lot. Inside you’ll find a granite kitchen with island seating, a formal dining room for gatherings and two separate living rooms that provide plenty of space for relaxing or entertaining. The primary bedroom includes a private bath, plus there are three well-sized bedrooms and three full bathrooms to accommodate everyone. A dedicated home office adds extra flexibility. Outdoors, the level property features mature trees and a small pond tucked away for a touch of country charm. While the home does need repairs, it offers great potential for buyers looking to customize and update to their own style. Conveniently located just minutes from schools, town parks, and local amenities. Sold As-Is. Buyer to pay NYS and any local transfer taxes. Offers with financing must be accompanied by pre-qual letter; cash offers with proof of funds. **Please see agent remarks for access, showing instructions and offer presentation remarks.**

24. 2026-02-06
    listed $4,500
25. 2026-02-03
    price $326,000 1145-char remark

    Show marketing remark (1145 chars)

    **Multiple offer situation. Seller requesting highest, best and final offers 1pm 5/11/2026. ** Welcome to this spacious ranch-style home offering the convenience of one-level living on a private, level lot. Inside you’ll find a granite kitchen with island seating, a formal dining room for gatherings and two separate living rooms that provide plenty of space for relaxing or entertaining. The primary bedroom includes a private bath, plus there are three well-sized bedrooms and three full bathrooms to accommodate everyone. A dedicated home office adds extra flexibility. Outdoors, the level property features mature trees and a small pond tucked away for a touch of country charm. While the home does need repairs, it offers great potential for buyers looking to customize and update to their own style. Conveniently located just minutes from schools, town parks, and local amenities. Sold As-Is. Buyer to pay NYS and any local transfer taxes. Offers with financing must be accompanied by pre-qual letter; cash offers with proof of funds. **Please see agent remarks for access, showing instructions and offer presentation remarks.**

26. 2026-01-12
    price $343,000 1145-char remark

    Show marketing remark (1145 chars)

    **Multiple offer situation. Seller requesting highest, best and final offers 1pm 5/11/2026. ** Welcome to this spacious ranch-style home offering the convenience of one-level living on a private, level lot. Inside you’ll find a granite kitchen with island seating, a formal dining room for gatherings and two separate living rooms that provide plenty of space for relaxing or entertaining. The primary bedroom includes a private bath, plus there are three well-sized bedrooms and three full bathrooms to accommodate everyone. A dedicated home office adds extra flexibility. Outdoors, the level property features mature trees and a small pond tucked away for a touch of country charm. While the home does need repairs, it offers great potential for buyers looking to customize and update to their own style. Conveniently located just minutes from schools, town parks, and local amenities. Sold As-Is. Buyer to pay NYS and any local transfer taxes. Offers with financing must be accompanied by pre-qual letter; cash offers with proof of funds. **Please see agent remarks for access, showing instructions and offer presentation remarks.**

27. 2025-12-04
    price $361,000 1145-char remark

    Show marketing remark (1145 chars)

    **Multiple offer situation. Seller requesting highest, best and final offers 1pm 5/11/2026. ** Welcome to this spacious ranch-style home offering the convenience of one-level living on a private, level lot. Inside you’ll find a granite kitchen with island seating, a formal dining room for gatherings and two separate living rooms that provide plenty of space for relaxing or entertaining. The primary bedroom includes a private bath, plus there are three well-sized bedrooms and three full bathrooms to accommodate everyone. A dedicated home office adds extra flexibility. Outdoors, the level property features mature trees and a small pond tucked away for a touch of country charm. While the home does need repairs, it offers great potential for buyers looking to customize and update to their own style. Conveniently located just minutes from schools, town parks, and local amenities. Sold As-Is. Buyer to pay NYS and any local transfer taxes. Offers with financing must be accompanied by pre-qual letter; cash offers with proof of funds. **Please see agent remarks for access, showing instructions and offer presentation remarks.**

28. 2025-11-05
    price $379,500 1145-char remark

    Show marketing remark (1145 chars)

    **Multiple offer situation. Seller requesting highest, best and final offers 1pm 5/11/2026. ** Welcome to this spacious ranch-style home offering the convenience of one-level living on a private, level lot. Inside you’ll find a granite kitchen with island seating, a formal dining room for gatherings and two separate living rooms that provide plenty of space for relaxing or entertaining. The primary bedroom includes a private bath, plus there are three well-sized bedrooms and three full bathrooms to accommodate everyone. A dedicated home office adds extra flexibility. Outdoors, the level property features mature trees and a small pond tucked away for a touch of country charm. While the home does need repairs, it offers great potential for buyers looking to customize and update to their own style. Conveniently located just minutes from schools, town parks, and local amenities. Sold As-Is. Buyer to pay NYS and any local transfer taxes. Offers with financing must be accompanied by pre-qual letter; cash offers with proof of funds. **Please see agent remarks for access, showing instructions and offer presentation remarks.**

29. 2025-10-03
    listed $399,000 Active 1145-char remark

    Show marketing remark (1145 chars)

    **Multiple offer situation. Seller requesting highest, best and final offers 1pm 5/11/2026. ** Welcome to this spacious ranch-style home offering the convenience of one-level living on a private, level lot. Inside you’ll find a granite kitchen with island seating, a formal dining room for gatherings and two separate living rooms that provide plenty of space for relaxing or entertaining. The primary bedroom includes a private bath, plus there are three well-sized bedrooms and three full bathrooms to accommodate everyone. A dedicated home office adds extra flexibility. Outdoors, the level property features mature trees and a small pond tucked away for a touch of country charm. While the home does need repairs, it offers great potential for buyers looking to customize and update to their own style. Conveniently located just minutes from schools, town parks, and local amenities. Sold As-Is. Buyer to pay NYS and any local transfer taxes. Offers with financing must be accompanied by pre-qual letter; cash offers with proof of funds. **Please see agent remarks for access, showing instructions and offer presentation remarks.**

30. 2021-08-26
    soldstatus $324,000
31. 2021-07-30
    soldstatus $325,000 Closed 767-char remark

    Show marketing remark (767 chars)

    Sprawling ranch style home with one story living in the Minisink Valley School District. Granite kitchen with island for seating. Large formal dining room for entertaining guests and family all year long! Master bedroom with private bath. Three additional generous size bedrooms and three bathrooms. Level yard with mature trees. Two living rooms. Tucked away on the property is a small pond. Level property with plenty of privacy yet minutes to schools and town parks. Covered back porch for BBQ's and summer picnics. Home office. Commuter distance to NYC. Short distance to Legoland, Apple Orchards, Delaware River for fishing/rafting and much more. Call for an appointment today. Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:2 Car Attached,

32. 2021-05-18
    status Pending 767-char remark

    Show marketing remark (767 chars)

    Sprawling ranch style home with one story living in the Minisink Valley School District. Granite kitchen with island for seating. Large formal dining room for entertaining guests and family all year long! Master bedroom with private bath. Three additional generous size bedrooms and three bathrooms. Level yard with mature trees. Two living rooms. Tucked away on the property is a small pond. Level property with plenty of privacy yet minutes to schools and town parks. Covered back porch for BBQ's and summer picnics. Home office. Commuter distance to NYC. Short distance to Legoland, Apple Orchards, Delaware River for fishing/rafting and much more. Call for an appointment today. Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:2 Car Attached,

33. 2021-04-23
    status Active 767-char remark

    Show marketing remark (767 chars)

    Sprawling ranch style home with one story living in the Minisink Valley School District. Granite kitchen with island for seating. Large formal dining room for entertaining guests and family all year long! Master bedroom with private bath. Three additional generous size bedrooms and three bathrooms. Level yard with mature trees. Two living rooms. Tucked away on the property is a small pond. Level property with plenty of privacy yet minutes to schools and town parks. Covered back porch for BBQ's and summer picnics. Home office. Commuter distance to NYC. Short distance to Legoland, Apple Orchards, Delaware River for fishing/rafting and much more. Call for an appointment today. Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:2 Car Attached,

34. 2021-04-13
    historical 767-char remark

    Show marketing remark (767 chars)

    Sprawling ranch style home with one story living in the Minisink Valley School District. Granite kitchen with island for seating. Large formal dining room for entertaining guests and family all year long! Master bedroom with private bath. Three additional generous size bedrooms and three bathrooms. Level yard with mature trees. Two living rooms. Tucked away on the property is a small pond. Level property with plenty of privacy yet minutes to schools and town parks. Covered back porch for BBQ's and summer picnics. Home office. Commuter distance to NYC. Short distance to Legoland, Apple Orchards, Delaware River for fishing/rafting and much more. Call for an appointment today. Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:2 Car Attached,

35. 2021-03-26
    listed $350,000 Active 767-char remark

    Show marketing remark (767 chars)

    Sprawling ranch style home with one story living in the Minisink Valley School District. Granite kitchen with island for seating. Large formal dining room for entertaining guests and family all year long! Master bedroom with private bath. Three additional generous size bedrooms and three bathrooms. Level yard with mature trees. Two living rooms. Tucked away on the property is a small pond. Level property with plenty of privacy yet minutes to schools and town parks. Covered back porch for BBQ's and summer picnics. Home office. Commuter distance to NYC. Short distance to Legoland, Apple Orchards, Delaware River for fishing/rafting and much more. Call for an appointment today. Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:2 Car Attached,

36. 2019-10-04
    historical
37. 2019-08-06
    listed $270,000 Active
38. 2015-06-15
    soldstatus $145,000
39. 2014-03-26
    soldstatus $60,500
40. 2014-03-26
    soldstatus $60,500
41. 2014-03-03
    price $84,900
42. 2014-03-03
    historical
43. 2013-01-06
    listed $84,900
44. 2013-01-06
    listed $60,500
45. 2009-10-28
    historical
46. 2008-10-28
    listed $550,000

ⓘ 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: $8,662 · $722/mo
• Projected year-2 tax: $8,662 · $722/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 3/10 Moderate FEMA zone X (unshaded) · 10% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 3/10 Moderate 7 d/yr ≥96°F today · 15 d/yr by 30 yrs out
• 💨 Wind 3/10 Moderate 8% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $31,132
• − Mortgage interest: −$15,964
• − Property taxes: −$8,662
• − Insurance: −$1,425
• − Repairs & maintenance: −$2,491
• − Management: −$2,491
• − Depreciation: −$8,291
• Taxable loss: −$8,191
• Est. tax savings @ 24.0%: +$1,966
• After-tax cash flow: $-1,462/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: Minisink Valley Central School District
• NCES district ID: 3619560
• Math proficiency: 51% ▼ -5.00%
• Reading proficiency: 59% ▲ 5.00%
• Median HH income: $84,292
• Composite: 50.18/100
• National rank: #1897
• State rank: #254 of 590 in NY

Livability — Otisville

• Score: 70/100
• State rank: #459
• US rank: #7992

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Orange County · 267,004 people
• City population: 3,940
• Metro: Poughkeepsie-Newburgh-Middletown, NY
• Population (ZIP): 14,049
• Household income: $68,136
• Rent vs Own: 37.8% rent · 62.2% own
• Severe rent burden: 792.0

Population outlook (Orange County) Hauer SSP2

• Today (2025): 379,830 people
• By 2030: 378,955 · -0.2%
• By 2040: 375,444 · -1.2%
• By 2050: 369,311 · -2.8%
• By 2075: 354,233 · -6.7%
• By 2100: 318,150 · -16.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (67%)
• Race & ethnicity: White 67% Hispanic / Latino 18% Two or more races 11% Black 6% Asian 3% Native American 3%
• Hispanic origin (detail): Mexican 3% Puerto Rican 8% Dominican 2%
• Common ancestry: Romanian 5% Iranian 4% Lithuanian 3%
• Foreign-born: 10% · Canada, China, Jamaica
• Languages at home: 84% English-only · Spanish 10% Other Indo-European 3% Chinese 2%

Political lean MEDSL · Orange

• 2024 margin: Lean R (+8.4) · D 45.8% · R 54.2%
• 2008→2024 swing: -12.5pp toward R · 2008: 4.1pp · 2024: -8.4pp
• All cycles: 2024: R+8.4 2020: R+0.2 2016: R+6.5 2012: D+5.2 2008: D+4.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -75.78%
• Current HPI: 301.5132
• Rent YoY: —
• Metro: Poughkeepsie-Newburgh-Middletown, NY
• 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

-48.2% since first listed

30 events — show timeline

• 2026-04-29 Relisted — OneKey® MLS as Distributed by MLS Grid
• 2026-04-14 Pending — OneKey® MLS as Distributed by MLS Grid
• 2026-04-07 Relisted — OneKey® MLS as Distributed by MLS Grid
• 2026-04-06 Pending — OneKey® MLS as Distributed by MLS Grid
• 2026-03-18 Price Changed $285,000 OneKey® MLS as Distributed by MLS Grid
• 2026-03-09 Rental Removed $4,500 TURBOTENANT
• 2026-02-17 Price Changed $299,900 OneKey® MLS as Distributed by MLS Grid
• 2026-02-06 Listed for Rent $4,500 TURBOTENANT
• 2026-02-03 Price Changed $326,000 OneKey® MLS as Distributed by MLS Grid
• 2026-01-12 Price Changed $343,000 OneKey® MLS as Distributed by MLS Grid
• 2025-12-04 Price Changed $361,000 OneKey® MLS as Distributed by MLS Grid
• 2025-11-05 Price Changed $379,500 OneKey® MLS as Distributed by MLS Grid
• 2025-10-03 Listed $399,000 OneKey® MLS as Distributed by MLS Grid
• 2021-08-26 Sold (Public Records) $324,000 Public Records
• 2021-07-30 Sold (MLS) $325,000 OneKey® MLS as Distributed by MLS Grid
• 2021-05-18 Pending — OneKey® MLS as Distributed by MLS Grid
• 2021-04-23 Relisted — OneKey® MLS as Distributed by MLS Grid
• 2021-04-13 Listing Removed — OneKey® MLS as Distributed by MLS Grid
• 2021-03-26 Listed $350,000 OneKey® MLS as Distributed by MLS Grid
• 2019-10-04 Listing Removed — OneKey® MLS as Distributed by MLS Grid
• 2019-08-06 Listed $270,000 OneKey® MLS as Distributed by MLS Grid
• 2015-06-15 Sold (Public Records) $145,000 Public Records
• 2014-03-26 Sold (MLS) $60,500 HGMLS
• 2014-03-26 Sold (MLS) $60,500 OneKey® MLS as Distributed by MLS Grid
• 2014-03-03 Delisted — HGMLS
• 2014-03-03 Price Changed $84,900 HGMLS
• 2013-01-06 Listed $60,500 HGMLS
• 2013-01-06 Listed $84,900 OneKey® MLS as Distributed by MLS Grid
• 2009-10-28 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2008-10-28 Listed $550,000 Stellar MLS as Distributed by MLS Grid

Property tax history

+0.8%/yr

Latest (2025): $8,662 · -1.2% YoY. Source: county tax records.