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Erie 14043 Depew
154 Colony Street
$157,500
● House - Off Market

154 Colony Street

Lancaster, NY 14043
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,400 Ft²
$287,259
RealtyHop Estimate
80.78%
Since May 1, 2015
National-US
Primary Model

About This Property

Lancaster Schools! 3 bdrm 1.5 bath colonial! Eat-in kitchen! Formal dining room! Family room with woodburning gas start fireplace! Partially finished bsmt! Heated 2.5 car attached garage! Fully fenced yard with deck and shed! Updates include roof, hot water tank, most windows, glass block windows, berber!
Unit Size
1,400 Ft²
Days on Market
110 days
Land Size
0.20 acres
Price per sqft
$114
Property Type
House
Property Taxes
$405
HOA Dues
-
Year Built
1984

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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: 6 months ago (NYSAMLS #B465740)

Price History

Date / Event Date Event Price
Jun 16, 2020 Sold
Premium
Sold
Apr 17, 2020 Listed by REALTY USA WNY INC $229,900
Listed by REALTY USA WNY INC
Apr 1, 2015 Sold
Premium
Sold
Dec 12, 2014 Listed by REALTY USA WNY INC $158,900
Listed by REALTY USA WNY INC
Apr 25, 2008 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 5
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,775
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,400
  • Building Area: 1,400
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,400
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THE HOLLAND LAND COMPANYS SURVEY
  • Land Acres: 0000000202
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 2391 42 65X 135

Neighborhood

  • School District Name: Lancaster Central School District
  • School Tax School District: LANCASTER
  • Census Tract: 014501

Zoning

  • Zoning: R1

Geography

  • District: 145201
  • Section: 93.180
  • Parcel: 145201 93.18-4-35
  • Block: 4
  • Lot: 35.000
  • Municipality: DEPEW
  • Latitude: 42.9244
  • Longitude: -78.6892

    Address

  • Full Address: 154 Colony St
  • Address - House Number: 154
  • Address - Street Name: Colony
  • Address - Suffix Type: St
  • State: NY
  • City Name: Depew
  • Carrier Code: C013
  • 4-Digit Zip Code: 1710
  • Zip Code: 14043

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: 145201

    Appraisal Valuation

  • Standard Deviation: 0.2172
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 70
  • Final Value: 302,066
  • High Value: 367,681
  • Low Value: 236,452

    Market Valuation

  • Market Total Value: $278,700
  • Market Land Value: $29,070
  • Market Improvement Value: $249,630

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $209,000
  • Assessed Land Value: $21,800
  • Assessed Improvements Value: $187,200

    Sales

  • Current Sale Contract Date: Jun 08, 2020
  • Current Sale Recording Date: Jun 16, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020096392
  • Previous Sale Recording Date: Apr 25, 2008
  • Previous Sale Contract Date: Apr 25, 2008
  • Previous Sale Amount: $139,900
  • Previous Sale Document Type: 71
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 Depew

Stats & Trends

Median Asking:

$254,900

Sale Price/ft²

$169

Below Asking

0.01%

Average Days on Market

75

Average Home Size

1860 ft²

Average Home Age

74.9 years

Currently For Sale

24 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 1425 Como Park Boulevard, Depew, NY, 14043

$1,600 /mo

  • 2 Beds
  • 1 Bath
  • 2,310 ft²
1425 Como Park Boulevard, Depew, NY, 14043 Listing by Barbara A Hoy
Unit for rent at 3284 Walden Avenue, Depew, NY, 14043

$1,350 /mo

  • 1 Bed
  • 1 Bath
  • 750 ft²
3284 Walden Avenue, Depew, NY, 14043 Listing by Anthony Galbo

Rentals Near You

Click here to view more rentals in the neighborhood.
NYSAMLS

Last Updated: 6 months ago
Data Source: NYSAMLSs, MLS# B465740

Frequently Asked Questions

When was property at 154 Colony Street built and last sold?
The property at 154 Colony Street was built in 1984 and last sold on Jun 8, 2020 for $245,500.
How much is this home worth?
The estimated value of the home located at 154 Colony Street is $236,206.
What are some comparable homes to 154 Colony Street?
There are currently no comparable homes to 154 Colony Street.
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