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Niagara Falls 14304
1503 Benjamin Drive
$125,000
● House - Off Market

1503 Benjamin Drive

Niagara Falls, NY 14304
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,290 Ft²
$202,634
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

Lasalle 3 bedroom Ranch on corner lot. Home has 1.5 baths, formal dining room, living room, family room with wood burning fireplace, central air, full basement, attached garage,  fully fenced yard and a back patio.
Unit Size
1,290 Ft²
Days on Market
234 days
Land Size
0.17 acres
Price per sqft
$116
Property Type
House
Property Taxes
$342
HOA Dues
-
Year Built
1979

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 4 months ago (NYSAMLS #B1245898)

Price History

Date / Event Date Event Price
Sep 3, 2020 Sold
Premium
Sold
Jan 13, 2020 Listed by Howard Hanna $149,900
Listed by Howard Hanna

Property Highlights

Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 308
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,562
  • Lot Size Depth Feet: 978
  • Lot Size Frontage Feet: 773
  • Total Building Area: 1,290
  • Building Area: 1,290
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,290
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000173
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: TM 627 LOT 101 AVG. 77.33 REAR

Neighborhood

  • School District Name: Niagara Falls City School District
  • School Tax School District: NIAGARA FALLS
  • Census Tract: 022500

Zoning

  • Zoning: R1-A

Geography

  • Account Number: 15/6846.A
  • District: 291100
  • Section: 146.19
  • Parcel: 291100 146.19-4-21
  • Block: 4
  • Lot: 21.000
  • Municipality: NIAGARA FALLS
  • Latitude: 43.0945
  • Longitude: -78.9456

    Address

  • Full Address: 1503 Benjamin Dr
  • Address - House Number: 1503
  • Address - Street Name: Benjamin
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Niagara Falls
  • Carrier Code: C067
  • 4-Digit Zip Code: 2722
  • Zip Code: 14304

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $253,263
  • Tax Rate Code Area: 291100

    Appraisal Valuation

  • Standard Deviation: 0.459
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 8
  • Final Value: 610,918
  • High Value: 891,358
  • Low Value: 330,477

    Market Valuation

  • Market Total Value: $161,700
  • Market Land Value: $18,152
  • Market Improvement Value: $143,548

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $87,300
  • Assessed Land Value: $9,800
  • Assessed Improvements Value: $77,500

    Sales

  • Current Sale Contract Date: Aug 31, 2020
  • Current Sale Recording Date: Sep 03, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020-13922
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Niagara Falls

Stats & Trends

Median Asking:

$149,900

Sale Price/ft²

$101

Below Asking

0.02%

Average Days on Market

77

Average Home Size

1826 ft²

Average Home Age

102.8 years

Currently For Sale

431 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 51 S 86th Street, Niagara Falls, NY, 14304

$1,100 /mo

  • 2 Beds
  • 1 Bath
  • 720 ft²
51 S 86th Street #11B, Niagara Falls, NY, 14304 Listing by Vincent J Rondinelli

Rentals Near You

Click here to view more rentals in the neighborhood.
NYSAMLS

Last Updated: 4 months ago
Data Source: NYSAMLSs, MLS# B1245898

Frequently Asked Questions

When was property at 1503 Benjamin Drive built and last sold?
The property at 1503 Benjamin Drive was built in 1979 and last sold on Aug 31, 2020 for $125,000.
How much is this home worth?
The estimated value of the home located at 1503 Benjamin Drive is $147,939.
What are some comparable homes to 1503 Benjamin Drive?
There are currently no comparable homes to 1503 Benjamin Drive.
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