163 Ava Lane
About This Property
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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 |
|---|---|---|---|
| Jan 15, 2025 | Sold | ||
| Sold | |||
| Nov 25, 2024 | In contract | - | |
| In contract | |||
| Nov 20, 2024 | Listed by Howard Hanna WNY Inc | $250,000 | |
| Listed by Howard Hanna WNY Inc | |||
| | |||
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** Opportunity knocks ** 163 Ava Lane is awaiting its next owners to make their "stamp" on what has been a family home for the past 46 years! This 1,834 sq ft home offers 2 bedrooms on the main level, large living room, formal dining room, fully equipped eat in kitchen AND family room w/ wood burning fireplace. The second level offers a massive bedroom w/ additional 4th bedroom and 1/2 bath. Most hardwood flooring throughout has been covered for 35 + years! Updates include HVAC w/ new AC condenser, Generac Generator, garage door w/ opener and NEW Sump Pump including ALL Town of Amherst required updates. Modest cosmetics can make this home an affordable way to become part of this amazing community!
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| Apr 1, 2014 | Sold | ||
| Sold | |||
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About Erie
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$2,650 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017