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Cheektowaga 14227
178 Gary Lane
$160,000
● House - Off Market

178 Gary Lane

Cheektowaga, NY 14227
bedrooms
2 Beds
bathrooms
1 Bath
square feet
964 Ft²
$1,269
Est. Monthly

About This Property

Enjoy this 2 Bedroom, 1 Bath Brick and Vinyl Ranch with an attached 1 car garage and full basement. Located in the West Seneca School district.  

Buyer pays Transfer Tax, Search & Survey and any Required Inspections.
Unit Size
964 Ft²
Days on Market
137 days
Land Size
0.12 acres
Price per sqft
$176
Property Type
House
Property Taxes
$435
HOA Dues
-
Year Built
1969

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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 #B1514518)

Price History

Date / Event Date Event Price
May 7, 2024 Sold
Premium
Sold
Mar 11, 2024 In contract -
In contract
Dec 22, 2023 Listed by MJ Peterson Real Estate $169,900
Listed by MJ Peterson Real Estate
Jun 29, 2006 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 2
  • 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: 5,227
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 510
  • Total Building Area: 964
  • Building Area: 964
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 964
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BUFFALO CREEK RESERVATION
  • Land Acres: 0000000120
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: MC 2250 SL 65

Neighborhood

  • School District Name: West Seneca Central School District
  • School Tax School District: WEST SENECA
  • Census Tract: 010805

Zoning

  • Zoning: 02R

Geography

  • Account Number: 043-0574000
  • District: 143089
  • Section: 125.120
  • Parcel: 143089 125.12-2-7
  • Block: 2
  • Lot: 7.000
  • Municipality: CHEEKTOWAGA (TOV)
  • Latitude: 42.8707
  • Longitude: -78.7111

    Address

  • Full Address: 178 Gary Ln
  • Address - House Number: 178
  • Address - Street Name: Gary
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Buffalo
  • Carrier Code: C017
  • 4-Digit Zip Code: 3265
  • Zip Code: 14227

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: 146801

    Appraisal Valuation

  • Standard Deviation: 0.2543
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 64
  • Final Value: 204,351
  • High Value: 256,323
  • Low Value: 152,379

    Market Valuation

  • Market Total Value: $195,604
  • Market Land Value: $18,242
  • Market Improvement Value: $177,362

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $178,000
  • Assessed Land Value: $16,600
  • Assessed Improvements Value: $161,400

    Sales

  • Current Sale Contract Date: Jun 28, 2006
  • Current Sale Recording Date: Jun 29, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2006144561
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 Cheektowaga

Stats & Trends

Median Asking:

$239,900

Sale Price/ft²

$179

Below Asking

0.01%

Average Days on Market

70

Average Home Size

1574 ft²

Average Home Age

73.6 years

Currently For Sale

234 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 50 Strasbourg Drive, Buffalo, NY, 14227

$1,600 /mo

  • 3 Beds
  • 1 Bath
  • 1,209 ft²
50 Strasbourg Drive #LOWER, Buffalo, NY, 14227 Listing by Maya Haddad

Rentals Near You

Click here to view more rentals in the neighborhood.
NYSAMLS

Last Updated: 4 months ago
Data Source: NYSAMLSs, MLS# B1514518

Frequently Asked Questions

When was property at 178 Gary Lane built and last sold?
The property at 178 Gary Lane was built in 1969 and last sold on Jun 28, 2006 for $60,000.
How much is this home worth?
The estimated value of the home located at 178 Gary Lane is $172,749.
What are some comparable homes to 178 Gary Lane?
There are currently no comparable homes to 178 Gary Lane.
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