46 Rose St · Hastings-on-Hudson, NY 10706

$899,000

4 bd · 2.0 ba · 1,930 sqft · MultiFamily · 18 Days on market

Built 1910 10,019 sqft lot Est $919k · at est.

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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 +8.5/15.0
• Schools +7.8/10.0
• Cash flow +4.8/30.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +0.0/10.0
• DSCR +0.0/10.0
• Appreciation +0.0/10.0

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 1 unit. estimate disagrees with records

Listing remarks

A home for all seasons! Built originally in 1910 as a single family home, It now is a fully documented 2 family home. Beautifully upgraded throughout, this property features fully renovated kitchens and bathrooms, plus a complete down-to-the-studs overhaul with new electrical, plumbing, and HVAC—delivering modern comfort and long-term peace of mind. Roof 2017. In addition, each apartment has its own laundry, window upgrades, and paint and polish throughout. If you like the idea of having additional income to help with the costs of ownership, look no further. If you want a single family home, consider converting back. If you are an investor, there are additional income possibilities re

Key facts

• 0.23 acre lot
• 3 garage spots
• Built 1910

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath multifamily listed at $899k.

Deal economics

• At list price, monthly cash flow is $-2k ($-27k/yr) — negative.
• To cash-flow at today's rent, offer at most $507k (43.6% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $450k (49.9% below list).
• Recommended offer: $450k (49.9% below list) — sets the bar for 1% rule.
• Cap rate 3.3% vs local median 2.3% in Hastings-on-Hudson — 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: area grade F — affects rentability + tenant quality, not the cash-flow math above.
• Hastings-On-Hudson Union Free School District (suburban): math 79% / reading 88% proficiency, ranked #27 of 590 in NY (top 5%) — strong family-tenant draw, lease renewals of 3-5y typical; only 3% free/reduced lunch — higher-income household profile.
• Zoned schools: Hillside Elementary School (math 89% / reading 87%, grade A+, #64 of 2,108 statewide, top 3%, 564 students, 0% FRL); Farragut Middle School (math 67% / reading 84%, grade A, #51 of 729 statewide, top 7%, 527 students, 0% FRL); Hastings High School (math 98% / reading 98%, grade A+, #19 of 1,100 statewide, top 4%, 519 students, 0% FRL) — zoned schools at 0% FRL track the district average.
• Market conditions: 47 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 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 $6k of loan paydown is wiped out by about $27k 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 18 days — a 2% lower offer ($886k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: built in 1910 — expect roof / HVAC / electrical / plumbing capex.
• 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 $450,000 (49.9% 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. Built in 1910 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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.
6. 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.
7. 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: 0.50% ✗
• Cap rate: 3.33%
• Cash-on-cash: -10.57%
• DSCR: 0.53
• GRM: 16.6

CMA / ARV

• ARV (on-the-fly): $918,680
• Comps found: 4

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
46 Rose St	0.00mi	4/2.0	1,930 (0%)	0mo	$923,500	$478	100
29 Brandt St	0.14mi	5/3.0 (+1)	1,888 (-2%)	5mo	$629,000	$333	76
2 Fulton St	0.15mi	4/3.0	1,900 (-2%)	23mo	$904,500	$476	67
20 Rose St	0.06mi	5/2.0 (+1)	2,187 (+13%)	22mo	$825,000	$377	52

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: -35.5%
• Equity multiple: -0.14×
• Total profit: $-287,087
• Equity at exit: $134,044

10-year hold

• IRR: -47.9%
• Equity multiple: -0.72×
• Total profit: $-432,643
• Equity at exit: $77,729

Cash invested: $251,720 (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 10706

• Active inventory: 47
• Price-to-rent: 16.6×

Monthly cashflow live

• Estimated rent: $4,500 medium
• Mortgage (P&I): −$4,714
• Tax from tax record: −$683 /mo · $8,197/yr
• Insurance: −$375
• HOA: −$0
• Vacancy / Maint / Mgmt: −$945
• Net cashflow: $-2,217

Break-even live

Break-even rent $7,306

Max offer price $507,341

Occupancy floor —

Sensitivity live

Price	-10% $-1,708	-5% $-1,963	+0% $-2,217	+5% $-2,472	+10% $-2,726
Rent	-10% $-2,573	-5% $-2,395	+0% $-2,217	+5% $-2,039	+10% $-1,862
Rate	-1.0pp $-1,764	-0.5pp $-1,988	base $-2,217	+0.5pp $-2,450	+1.0pp $-2,687

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: $224,750
• Closing costs: $26,970
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
53 Prince St Hastings on Hudson, NY	3.0	2.0	1473	$4,500	$3.05	6d	1	0.04mi
53 Prince St Hastings on Hudson, NY	3.0	2.0	1950	$4,500	$2.31	45d	1	0.04mi

Listing history 3 events

1. 2026-04-07
   status Pending
2. 2026-03-21
   listed $899,000 Active
3. 2026-03-17
   historical $899,000

ⓘ 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: $8,197 · $683/mo
• Projected year-2 tax: $11,695 · $975/mo
• Expected delta: +$3,498/yr (+$292/mo · 42.7%)

ⓘ 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 (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 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 4 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $54,000
• − Mortgage interest: −$50,358
• − Property taxes: −$8,197
• − Insurance: −$4,495
• − Repairs & maintenance: −$4,320
• − Management: −$4,320
• − Depreciation: −$26,153
• Taxable loss: −$43,842
• Est. tax savings @ 24.0%: +$10,522
• After-tax cash flow: $-16,083/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: Hastings-On-Hudson Union Free School District
• NCES district ID: 3613950
• Math proficiency: 79% ▲ 2.00%
• Reading proficiency: 88% ▲ 11.00%
• Median HH income: $122,901
• Composite: 77.5/100
• National rank: #94
• State rank: #27 of 590 in NY

Livability — Hastings-on-Hudson

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: Hastings-on-Hudson, NY
• City population: 9,119
• Population (ZIP): 9,119

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 (80%)
• Race & ethnicity: White 80% Hispanic / Latino 8% Two or more races 7% Asian 5% Black 2%
• Hispanic origin (detail): Mexican 2% Puerto Rican 2% Dominican 1%
• Common ancestry: Scotch-Irish 4% Romanian 4% Subsaharan African 2%
• Foreign-born: 14% · Canada, Vietnam, Dominican Republic
• Languages at home: 84% English-only · Other Indo-European 4% Spanish 4% Russian/Polish/Slavic 2%

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: ▼ -808.24%
• Current HPI: 319.1863
• 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

+0.0% since first listed

3 events — show timeline

• 2026-04-07 Pending — OneKey® MLS as Distributed by MLS Grid
• 2026-03-21 Listed $899,000 OneKey® MLS as Distributed by MLS Grid
• 2026-03-17 Coming Soon $899,000 OneKey® MLS as Distributed by MLS Grid

Property tax history

-3.7%/yr

Latest (2025): $8,197 · +7.0% YoY. Source: county tax records.