118 Midland Drive
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 29, 2026 | Sold | ||
| Sold | |||
| Apr 16, 2026 | In contract | - | |
| In contract | |||
| Apr 8, 2026 | Listed by Keller Williams Realty WNY | $219,900 | |
| Listed by Keller Williams Realty WNY | |||
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Welcome to 118 Midland Drive in Cheektowaga—a charming Cape Cod-style home that blends comfort, functionality, and modern updates. This well-maintained 3-bedroom, 1-bath residence offers a flexible layout with a convenient first-floor bedroom and full bath, perfect for easy living. Step inside to find an updated kitchen featuring granite countertops and stainless steel appliances, ideal for both everyday cooking and entertaining. Upstairs, you’ll find additional bedrooms with cozy character, while the partially finished basement provides extra living space—perfect for a recreation room, home office, or gym. Updates include new hot water tank 2026, furnace 2021, A/C 2022 and updated electrical. Outside, enjoy a fully fenced yard offering privacy and space for pets, play, or gatherings. The deck is a great spot for relaxing or hosting summer get-togethers. A two-car garage adds convenience and ample storage. This inviting home is a wonderful opportunity—don’t miss your chance to make it yours! Square footage listed is from most recent appraisal. Showings begin Saturday April 11th.
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| May 21, 2021 | Sold | ||
| Sold | |||
| Mar 15, 2021 | Listed by Howard Hanna | $159,900 | |
| Listed by Howard Hanna | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017