CashFlowRE
Sign in Sign up
225 Kings Hwy Multi-family
D- Composite 39.54
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).

  • ARV discount +15.0/15.0
  • Cash flow +6.5/30.0
  • Schools +6.2/10.0
  • Livability +3.7/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • 1% rule +2.4/10.0
  • DSCR +0.8/10.0
  • Appreciation +0.0/10.0

$799,000

225 Kings Hwy · Warwick, NY 10990
4 bd · 3.5 ba · 3,259 sqft · MultiFamily public records · 202 Days on market
Built 2005 1.40 ac lot $245/sqft · 9% above area Est $1038k · 23% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Multi-family units

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

Listing remarks MLS

COMMUTETRS DREAM. Easy access to NYC and all major roadways. Exceptional Oversized Custom Colonial: Luxury, Space & Versatility Experience the pinnacle of sophisticated living in this nearly 5,000 sq. ft. custom-built Colonial. Perfectly positioned for the modern lifestyle, this residence offers a rare blend of grand entertaining spaces and a fully independent lower-level suite ideal for multi-generational living or an expansive guest wing. The Main Level: Architectural Elegance Enter through a dramatic two-story foyer featuring custom hardwood floors with exquisite walnut inlays. The main floor flows seamlessly through a series of thoughtfully designed spaces: Formal Dining: Features an intricate coffered ceiling for elegant hosting. Living Room: A sun-drenched sanctuary anchored by a cozy gas fireplace. Gourmet Kitchen: A chef’s dream equipped with dual pantries, high-end finishes, and direct deck access for effortless indoor-outdoor flow. The Second Floor: A Private Sanctuary The upper level is dedicated to rest and rejuvenation: Master Retreat: An expansive suite featuring a private office, a second gas fireplace, and a lavish, spa-like bath. Guest Bedrooms: Two additional oversized bedrooms and a full hall bath provide generous accommodations for family or guests. The Lower Level: Independent Living Suite - The massive 1,400 sq. ft. walk-out lower level is a true "home within a home." Boasting high ceilings and a private entrance, it includes Full kitchen, bedroom, den, family room, full bath, and private laundry. Outdoor Oasis: French doors lead to an impressive 700 sq. ft. paver patio featuring a built-in grill—all set against a backdrop of breathtaking mountain views. Outdoor Living & Location - Set on a scenic lot, the backyard offers two distinct levels of enjoyment. Relax on the newly painted level deck, or retreat "up the hill" to a beautiful flat plateau the perfect seating area to take in panoramic views of the Warwick Valley. Located just moments from the vibrant Village of Warwick, this home offers ultimate convenience. Situated on a primary route, it is among the first to be plowed in the winter, ensuring peace of mind and clear travels regardless of the weather. Key Features at a Glance: Two Separate Living Spaces: Two full kitchens and independent laundry. Craftsmanship: Coffered ceilings, walnut inlays, and two gas fireplaces. View: Stunning mountain and valley vistas. Accessibility: Nearly 5,000 total sq. ft. with walk-out access and commuter-friendly road maintenance.

Key facts

  • Master suite
  • Built in gas grill
  • Walk out lower level

Tags

CUSTOM HARDWOOD FLOORINGGOURMET EAT IN KITCHENMASTER SUITEWALK OUT LOWER LEVELPAVER PATIOBUILT IN GAS GRILL

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 4-bed/3.5-bath multifamily listed at $799k.

Deal economics

  • At list price, monthly cash flow is $-1k ($-16k/yr) — negative.
  • To cash-flow at today's rent, offer at most $559k (30.0% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $588k (26.4% below list).
  • Recommended offer: $559k (30.0% below list) — sets the bar for cash-flow.
  • Cap rate 4.3% vs local median 2.8% in Warwick — 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 74/100 on livability (#282 in NY, #4,514 nationally) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A+, health & safety A+; Watch: amenities F, commute F, cost of living F.
  • Warwick Valley Central School District (town): math 68% / reading 70% proficiency, ranked #118 of 590 in NY (top 20%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 10% free/reduced lunch — higher-income household profile.
  • Market conditions: 160 active listings in the ZIP; high-income renter base; 1,746 units permitted in Orange County in 2024 (1,265 in 5+ unit buildings).
  • At $5,883/mo this rent would consume 56% of the median local household income ($126k/yr) (locally 563% 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 $6k of loan paydown is wiped out by about $24k of value loss. Plan a longer hold.

Negotiation context

  • It's been on market 202 days — a 12% lower offer ($703k) is reasonable based on typical stale-listing flexibility.
  • 5 sale attempts since 15y ago; this cycle's ask has dropped $50k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Climate carrying-cost: extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $559,161 (30.0% 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 202 days. Have you received any prior offers? Is the seller open to a 30% concession, seller financing, or rate buy-down credit?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. 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?
  6. 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?
  7. 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.
  8. 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.
  9. 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
0.74%
Cap rate
4.25%
Cash-on-cash
-7.28%
DSCR
0.68
GRM
11.3

CMA / ARV

ARV (median comp)
$1,038,092
List price
$799,000
Delta
-23.03%
Verdict
UNDERPRICED
Comps
3 within 1.0 mi
Show comp detail 1 sale within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
9 Wisner Rd 0.69mi 4/2.0 2,784 (-15%) 22mo $1,075,000 $386 20

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
-28.9%
Equity multiple
0.04×
Total profit
$-215,557
Equity at exit
$119,133
10-year hold
IRR
-28.5%
Equity multiple
-0.33×
Total profit
$-297,481
Equity at exit
$69,083

Cash invested: $223,720 (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.

ZIP-level market 10990

Home prices YoY
-27.1%
Active inventory
160
Price-to-rent
22.6×

Monthly cashflow live

Estimated rent
$5,883 medium interval (Pro) →
Mortgage (P&I)
$4,190
Tax from tax record
$1,482 /mo · $17,787/yr
Insurance
$333
HOA
$0
Vacancy / Maint / Mgmt
$1,235
Net cashflow
$-1,358

Break-even live

Break-even rent $7,602
Max offer price $559,161
Occupancy floor

2-unit breakdown (identical units grouped — click to expand)

UnitsBedsBathsEst. rent
Total (2 units) $5,883

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
$199,750
Closing costs
$23,970
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.

Listing history 30 events

  1. 2026-06-02
    status $799,000 Pending 202 DOM
  2. 2026-06-01
    days on market $799,000 Active 202 DOM
  3. 2026-05-31
    days on market $799,000 Active 201 DOM
  4. 2026-05-30
    days on market $799,000 Active 200 DOM
  5. 2026-05-11
    status Active 2580-char remark
    Show marketing remark (2580 chars)

    COMMUTETRS DREAM. Easy access to NYC and all major roadways. Exceptional Oversized Custom Colonial: Luxury, Space & Versatility Experience the pinnacle of sophisticated living in this nearly 5,000 sq. ft. custom-built Colonial. Perfectly positioned for the modern lifestyle, this residence offers a rare blend of grand entertaining spaces and a fully independent lower-level suite ideal for multi-generational living or an expansive guest wing. The Main Level: Architectural Elegance Enter through a dramatic two-story foyer featuring custom hardwood floors with exquisite walnut inlays. The main floor flows seamlessly through a series of thoughtfully designed spaces: Formal Dining: Features an intricate coffered ceiling for elegant hosting. Living Room: A sun-drenched sanctuary anchored by a cozy gas fireplace. Gourmet Kitchen: A chef’s dream equipped with dual pantries, high-end finishes, and direct deck access for effortless indoor-outdoor flow. The Second Floor: A Private Sanctuary The upper level is dedicated to rest and rejuvenation: Master Retreat: An expansive suite featuring a private office, a second gas fireplace, and a lavish, spa-like bath. Guest Bedrooms: Two additional oversized bedrooms and a full hall bath provide generous accommodations for family or guests. The Lower Level: Independent Living Suite - The massive 1,400 sq. ft. walk-out lower level is a true "home within a home." Boasting high ceilings and a private entrance, it includes Full kitchen, bedroom, den, family room, full bath, and private laundry. Outdoor Oasis: French doors lead to an impressive 700 sq. ft. paver patio featuring a built-in grill—all set against a backdrop of breathtaking mountain views. Outdoor Living & Location - Set on a scenic lot, the backyard offers two distinct levels of enjoyment. Relax on the newly painted level deck, or retreat "up the hill" to a beautiful flat plateau the perfect seating area to take in panoramic views of the Warwick Valley. Located just moments from the vibrant Village of Warwick, this home offers ultimate convenience. Situated on a primary route, it is among the first to be plowed in the winter, ensuring peace of mind and clear travels regardless of the weather. Key Features at a Glance: Two Separate Living Spaces: Two full kitchens and independent laundry. Craftsmanship: Coffered ceilings, walnut inlays, and two gas fireplaces. View: Stunning mountain and valley vistas. Accessibility: Nearly 5,000 total sq. ft. with walk-out access and commuter-friendly road maintenance.

  6. 2026-05-11
    historical 2580-char remark
    Show marketing remark (2580 chars)

    COMMUTETRS DREAM. Easy access to NYC and all major roadways. Exceptional Oversized Custom Colonial: Luxury, Space & Versatility Experience the pinnacle of sophisticated living in this nearly 5,000 sq. ft. custom-built Colonial. Perfectly positioned for the modern lifestyle, this residence offers a rare blend of grand entertaining spaces and a fully independent lower-level suite ideal for multi-generational living or an expansive guest wing. The Main Level: Architectural Elegance Enter through a dramatic two-story foyer featuring custom hardwood floors with exquisite walnut inlays. The main floor flows seamlessly through a series of thoughtfully designed spaces: Formal Dining: Features an intricate coffered ceiling for elegant hosting. Living Room: A sun-drenched sanctuary anchored by a cozy gas fireplace. Gourmet Kitchen: A chef’s dream equipped with dual pantries, high-end finishes, and direct deck access for effortless indoor-outdoor flow. The Second Floor: A Private Sanctuary The upper level is dedicated to rest and rejuvenation: Master Retreat: An expansive suite featuring a private office, a second gas fireplace, and a lavish, spa-like bath. Guest Bedrooms: Two additional oversized bedrooms and a full hall bath provide generous accommodations for family or guests. The Lower Level: Independent Living Suite - The massive 1,400 sq. ft. walk-out lower level is a true "home within a home." Boasting high ceilings and a private entrance, it includes Full kitchen, bedroom, den, family room, full bath, and private laundry. Outdoor Oasis: French doors lead to an impressive 700 sq. ft. paver patio featuring a built-in grill—all set against a backdrop of breathtaking mountain views. Outdoor Living & Location - Set on a scenic lot, the backyard offers two distinct levels of enjoyment. Relax on the newly painted level deck, or retreat "up the hill" to a beautiful flat plateau the perfect seating area to take in panoramic views of the Warwick Valley. Located just moments from the vibrant Village of Warwick, this home offers ultimate convenience. Situated on a primary route, it is among the first to be plowed in the winter, ensuring peace of mind and clear travels regardless of the weather. Key Features at a Glance: Two Separate Living Spaces: Two full kitchens and independent laundry. Craftsmanship: Coffered ceilings, walnut inlays, and two gas fireplaces. View: Stunning mountain and valley vistas. Accessibility: Nearly 5,000 total sq. ft. with walk-out access and commuter-friendly road maintenance.

  7. 2026-03-08
    price $799,000 2580-char remark
    Show marketing remark (2580 chars)

    COMMUTETRS DREAM. Easy access to NYC and all major roadways. Exceptional Oversized Custom Colonial: Luxury, Space & Versatility Experience the pinnacle of sophisticated living in this nearly 5,000 sq. ft. custom-built Colonial. Perfectly positioned for the modern lifestyle, this residence offers a rare blend of grand entertaining spaces and a fully independent lower-level suite ideal for multi-generational living or an expansive guest wing. The Main Level: Architectural Elegance Enter through a dramatic two-story foyer featuring custom hardwood floors with exquisite walnut inlays. The main floor flows seamlessly through a series of thoughtfully designed spaces: Formal Dining: Features an intricate coffered ceiling for elegant hosting. Living Room: A sun-drenched sanctuary anchored by a cozy gas fireplace. Gourmet Kitchen: A chef’s dream equipped with dual pantries, high-end finishes, and direct deck access for effortless indoor-outdoor flow. The Second Floor: A Private Sanctuary The upper level is dedicated to rest and rejuvenation: Master Retreat: An expansive suite featuring a private office, a second gas fireplace, and a lavish, spa-like bath. Guest Bedrooms: Two additional oversized bedrooms and a full hall bath provide generous accommodations for family or guests. The Lower Level: Independent Living Suite - The massive 1,400 sq. ft. walk-out lower level is a true "home within a home." Boasting high ceilings and a private entrance, it includes Full kitchen, bedroom, den, family room, full bath, and private laundry. Outdoor Oasis: French doors lead to an impressive 700 sq. ft. paver patio featuring a built-in grill—all set against a backdrop of breathtaking mountain views. Outdoor Living & Location - Set on a scenic lot, the backyard offers two distinct levels of enjoyment. Relax on the newly painted level deck, or retreat "up the hill" to a beautiful flat plateau the perfect seating area to take in panoramic views of the Warwick Valley. Located just moments from the vibrant Village of Warwick, this home offers ultimate convenience. Situated on a primary route, it is among the first to be plowed in the winter, ensuring peace of mind and clear travels regardless of the weather. Key Features at a Glance: Two Separate Living Spaces: Two full kitchens and independent laundry. Craftsmanship: Coffered ceilings, walnut inlays, and two gas fireplaces. View: Stunning mountain and valley vistas. Accessibility: Nearly 5,000 total sq. ft. with walk-out access and commuter-friendly road maintenance.

  8. 2026-02-01
    price $825,000 2580-char remark
    Show marketing remark (2580 chars)

    COMMUTETRS DREAM. Easy access to NYC and all major roadways. Exceptional Oversized Custom Colonial: Luxury, Space & Versatility Experience the pinnacle of sophisticated living in this nearly 5,000 sq. ft. custom-built Colonial. Perfectly positioned for the modern lifestyle, this residence offers a rare blend of grand entertaining spaces and a fully independent lower-level suite ideal for multi-generational living or an expansive guest wing. The Main Level: Architectural Elegance Enter through a dramatic two-story foyer featuring custom hardwood floors with exquisite walnut inlays. The main floor flows seamlessly through a series of thoughtfully designed spaces: Formal Dining: Features an intricate coffered ceiling for elegant hosting. Living Room: A sun-drenched sanctuary anchored by a cozy gas fireplace. Gourmet Kitchen: A chef’s dream equipped with dual pantries, high-end finishes, and direct deck access for effortless indoor-outdoor flow. The Second Floor: A Private Sanctuary The upper level is dedicated to rest and rejuvenation: Master Retreat: An expansive suite featuring a private office, a second gas fireplace, and a lavish, spa-like bath. Guest Bedrooms: Two additional oversized bedrooms and a full hall bath provide generous accommodations for family or guests. The Lower Level: Independent Living Suite - The massive 1,400 sq. ft. walk-out lower level is a true "home within a home." Boasting high ceilings and a private entrance, it includes Full kitchen, bedroom, den, family room, full bath, and private laundry. Outdoor Oasis: French doors lead to an impressive 700 sq. ft. paver patio featuring a built-in grill—all set against a backdrop of breathtaking mountain views. Outdoor Living & Location - Set on a scenic lot, the backyard offers two distinct levels of enjoyment. Relax on the newly painted level deck, or retreat "up the hill" to a beautiful flat plateau the perfect seating area to take in panoramic views of the Warwick Valley. Located just moments from the vibrant Village of Warwick, this home offers ultimate convenience. Situated on a primary route, it is among the first to be plowed in the winter, ensuring peace of mind and clear travels regardless of the weather. Key Features at a Glance: Two Separate Living Spaces: Two full kitchens and independent laundry. Craftsmanship: Coffered ceilings, walnut inlays, and two gas fireplaces. View: Stunning mountain and valley vistas. Accessibility: Nearly 5,000 total sq. ft. with walk-out access and commuter-friendly road maintenance.

  9. 2025-11-11
    listed $849,000 Active 2580-char remark
    Show marketing remark (2580 chars)

    COMMUTETRS DREAM. Easy access to NYC and all major roadways. Exceptional Oversized Custom Colonial: Luxury, Space & Versatility Experience the pinnacle of sophisticated living in this nearly 5,000 sq. ft. custom-built Colonial. Perfectly positioned for the modern lifestyle, this residence offers a rare blend of grand entertaining spaces and a fully independent lower-level suite ideal for multi-generational living or an expansive guest wing. The Main Level: Architectural Elegance Enter through a dramatic two-story foyer featuring custom hardwood floors with exquisite walnut inlays. The main floor flows seamlessly through a series of thoughtfully designed spaces: Formal Dining: Features an intricate coffered ceiling for elegant hosting. Living Room: A sun-drenched sanctuary anchored by a cozy gas fireplace. Gourmet Kitchen: A chef’s dream equipped with dual pantries, high-end finishes, and direct deck access for effortless indoor-outdoor flow. The Second Floor: A Private Sanctuary The upper level is dedicated to rest and rejuvenation: Master Retreat: An expansive suite featuring a private office, a second gas fireplace, and a lavish, spa-like bath. Guest Bedrooms: Two additional oversized bedrooms and a full hall bath provide generous accommodations for family or guests. The Lower Level: Independent Living Suite - The massive 1,400 sq. ft. walk-out lower level is a true "home within a home." Boasting high ceilings and a private entrance, it includes Full kitchen, bedroom, den, family room, full bath, and private laundry. Outdoor Oasis: French doors lead to an impressive 700 sq. ft. paver patio featuring a built-in grill—all set against a backdrop of breathtaking mountain views. Outdoor Living & Location - Set on a scenic lot, the backyard offers two distinct levels of enjoyment. Relax on the newly painted level deck, or retreat "up the hill" to a beautiful flat plateau the perfect seating area to take in panoramic views of the Warwick Valley. Located just moments from the vibrant Village of Warwick, this home offers ultimate convenience. Situated on a primary route, it is among the first to be plowed in the winter, ensuring peace of mind and clear travels regardless of the weather. Key Features at a Glance: Two Separate Living Spaces: Two full kitchens and independent laundry. Craftsmanship: Coffered ceilings, walnut inlays, and two gas fireplaces. View: Stunning mountain and valley vistas. Accessibility: Nearly 5,000 total sq. ft. with walk-out access and commuter-friendly road maintenance.

  10. 2025-10-17
    historical
  11. 2025-08-19
    price $924,999
  12. 2025-06-30
    price $949,999
  13. 2025-05-26
    price $995,000
  14. 2025-05-09
    price $1,050,000
  15. 2025-04-22
    listed $1,100,000 Active
  16. 2025-04-16
    historical
  17. 2022-03-24
    soldstatus $780,000
  18. 2022-02-10
    soldstatus $780,000 Closed
  19. 2021-12-08
    status Pending
  20. 2021-11-16
    historical
  21. 2021-10-21
    price $799,000
  22. 2021-10-12
    price $818,000
  23. 2021-09-23
    price $819,000
  24. 2021-08-16
    listed $850,000 Active
  25. 2012-11-09
    soldstatus $340,000
  26. 2012-11-06
    soldstatus $340,000
  27. 2012-09-24
    historical
  28. 2012-09-24
    price $360,000
  29. 2011-11-18
    listed $340,000
  30. 2006-03-09
    soldstatus $632,828

ⓘ 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
$17,787 · $1,482/mo
Projected year-2 tax
$17,787 · $1,482/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 (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 4/10 Moderate
  • 🌡 Heat 5/10 Major 7 d/yr ≥98°F today · 15 d/yr by 30 yrs out
  • 💨 Wind 4/10 Moderate 15% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$70,596
− Mortgage interest
−$44,756
− Property taxes
−$17,787
− Insurance
−$3,995
− Repairs & maintenance
−$5,648
− Management
−$5,648
− Depreciation
−$23,244
Taxable loss
−$30,482
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$7,316
After-tax cash flow
$-8,976/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
Warwick Valley Central School District
NCES district ID
3629970
Math proficiency
68% ▼ -6.00%
Reading proficiency
70% ▲ 6.00%
Median HH income
$90,288
Composite
62.39/100
National rank
#692
State rank
#118 of 590 in NY

Livability — Warwick

Score
74/100
State rank
#282
US rank
#4514

Category grades

Amenities F Commute F Cost of living F Crime B 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
20,368
Metro
Poughkeepsie-Newburgh-Middletown, NY
Population (ZIP)
20,368
Household income
$125,870
Rent vs Own
22.7% rent · 77.3% own
Severe rent burden
563.0

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 (84%)
Race & ethnicity
White 84% Hispanic / Latino 9% Two or more races 5% Black 3% Asian 2% Native American 1%
Hispanic origin (detail)
Puerto Rican 3% Dominican 2%
Common ancestry
Romanian 8% Iranian 3% Lithuanian 2%
Foreign-born
8% · Canada
Languages at home
88% English-only · Spanish 4% Russian/Polish/Slavic 2% Other Indo-European 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
▼ -106.68%
Current HPI
287.3366
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

Price history

+26.3% since first listed
26 events — show timeline
  • 2026-05-11 Relisted OneKey® MLS as Distributed by MLS Grid
  • 2026-05-11 Listing Removed OneKey® MLS as Distributed by MLS Grid
  • 2026-03-08 Price Changed $799,000 OneKey® MLS as Distributed by MLS Grid
  • 2026-02-01 Price Changed $825,000 OneKey® MLS as Distributed by MLS Grid
  • 2025-11-11 Listed $849,000 OneKey® MLS as Distributed by MLS Grid
  • 2025-10-17 Listing Removed OneKey® MLS as Distributed by MLS Grid
  • 2025-08-19 Price Changed $924,999 OneKey® MLS as Distributed by MLS Grid
  • 2025-06-30 Price Changed $949,999 OneKey® MLS as Distributed by MLS Grid
  • 2025-05-26 Price Changed $995,000 OneKey® MLS as Distributed by MLS Grid
  • 2025-05-09 Price Changed $1,050,000 OneKey® MLS as Distributed by MLS Grid
  • 2025-04-22 Listed $1,100,000 OneKey® MLS as Distributed by MLS Grid
  • 2025-04-16 Coming Soon OneKey® MLS as Distributed by MLS Grid
  • 2022-03-24 Sold (Public Records) $780,000 Public Records
  • 2022-02-10 Sold (MLS) $780,000 OneKey® MLS as Distributed by MLS Grid
  • 2021-12-08 Pending OneKey® MLS as Distributed by MLS Grid
  • 2021-11-16 Listing Removed OneKey® MLS as Distributed by MLS Grid
  • 2021-10-21 Price Changed $799,000 OneKey® MLS as Distributed by MLS Grid
  • 2021-10-12 Price Changed $818,000 OneKey® MLS as Distributed by MLS Grid
  • 2021-09-23 Price Changed $819,000 OneKey® MLS as Distributed by MLS Grid
  • 2021-08-16 Listed $850,000 OneKey® MLS as Distributed by MLS Grid
  • 2012-11-09 Sold (Public Records) $340,000 Public Records
  • 2012-11-06 Sold (MLS) $340,000 HGMLS
  • 2012-09-24 Price Changed $360,000 HGMLS
  • 2012-09-24 Delisted HGMLS
  • 2011-11-18 Listed $340,000 HGMLS
  • 2006-03-09 Sold (Public Records) $632,828 Public Records

Property tax history

+1.7%/yr

Latest (2025): $17,787 · +1.4% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…