640 Carter St, Rochester, NY 14621
NY
PendingD
Assignment dealBuyer pays both sidesSeller attorney feeProof of funds required
Pass — deal does not pencil under conservative assumptions.
Listing Details
| Ask price | $94,900 |
| Beds / baths | 4 bd / 1 ba |
| Square feet | 1,152 |
| Lot size | 9,147 sq.ft |
| Property type | Home |
| Year built | 1947 |
| Inspection date | — |
| Deposit | — |
| Closing terms | to shopping, hospitals, and major highways |
| First seen | 7/29/2026 |
| Last seen | 8/22/2026 |
Underwriting
Estimates (verify with comps)
| ARV low / base / high | $103,680 / $124,416 / $149,760 |
| Rehab low / base / high | $32,256 / $48,384 / $66,816 |
| Rehab tier | moderate |
| Rent range (low / base / high) | $1,300 / $1,475 / $1,650 /mo |
| Acquisition friction | $6,000 |
Flip Scenario
| All-in cost (base) | $156,484 |
| Profit low / base / high | $-79,530 / $-42,021 / $-2,577 |
| MAO (flip) | $32,879 |
Rental Scenario
| NOI (base) | $8,298 |
| Monthly cash flow | $-91 |
| Cap rate | 5.6% |
| DSCR | 0.88 |
| MAO (rental) | $55,501 |
BRRRR Scenario
| Refi proceeds (75% ARV) | $93,312 |
| Cash left in deal | $55,972 |
| MAO (BRRRR) | $38,928 |
ARV estimated from $/sqft Rochester averages — verify with actual comps before committing. | No inspection date found; confirm walkthrough availability.
Key Risks
- ▲Flip profit thin at base ARV ($-42,021).
- ▲Rental cash flow weak ($-91/mo, DSCR 0.88).
- ▲BRRRR leaves $55,972 cash in deal after refi.
- ▲Buyer pays both sides' closing costs — significant friction penalty.
- ▲Assignment deal only — may limit financing options.
- ▲Seller attorney fee required — adds cost.
Listing Remarks
640 Carter St, Rochester, NY 14621
History
| Date | Status | Price | Changes |
|---|---|---|---|
| 8/22/2026 | Pending | — | — |
| 8/21/2026 | Pending | — | — |
| 8/20/2026 | Pending | — | — |
| 8/19/2026 | Pending | — | — |
| 8/18/2026 | Pending | — | — |
| 8/17/2026 | Pending | — | — |
| 8/16/2026 | Pending | — | — |
| 8/15/2026 | Pending | — | — |
| 8/14/2026 | Pending | — | — |
| 8/13/2026 | Pending | — | — |
| 8/12/2026 | Pending | — | — |
| 8/11/2026 | Pending | — | — |
| 8/11/2026 | Pending | — | — |
| 8/10/2026 | Pending | — | — |
| 8/10/2026 | Pending | — | — |
| 8/9/2026 | Pending | — | — |
| 8/9/2026 | Pending | — | — |
| 8/8/2026 | Pending | — | — |
| 8/8/2026 | Pending | — | — |
| 8/7/2026 | Pending | — | — |
| 8/6/2026 | Pending | $94,900 | detail_page_fetch |
| 8/6/2026 | Pending | — | current_status: Home Assignment of Contract $94,900 4 bd 1 ba 1,152 sqft 640 Carter St, Rochester, NY 14621 → Pending |
| 8/5/2026 | — | — | — |
| 8/5/2026 | Home Assignment of Contract $94,900 4 bd 1 ba 1,152 sqft 640 Carter St, Rochester, NY 14621 | — | — |
| 8/4/2026 | — | — | — |
| 8/4/2026 | Home Assignment of Contract $94,900 4 bd 1 ba 1,152 sqft 640 Carter St, Rochester, NY 14621 | — | — |
| 8/3/2026 | — | — | — |
| 8/3/2026 | Home Assignment of Contract $94,900 4 bd 1 ba 1,152 sqft 640 Carter St, Rochester, NY 14621 | — | — |
| 8/2/2026 | — | — | — |
| 8/2/2026 | Home Assignment of Contract $94,900 4 bd 1 ba 1,152 sqft 640 Carter St, Rochester, NY 14621 | — | — |