205 Carmel Road
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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%.
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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 |
|---|---|---|---|
| Jul 25, 2025 | Sold | ||
| Sold | |||
| Jun 12, 2025 | In contract | - | |
| In contract | |||
| Jun 3, 2025 | Listed by Towne Housing Real Estate | $264,900 | |
| Listed by Towne Housing Real Estate | |||
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**Charming North Buffalo Cape Cod with Big Personality!**
Welcome home—just two blocks from the heart of Hertel Ave & moments to the Rails-to-Trails path! This 3-bedroom, 2-full bath cozy charmer has all the updates you need and the charm you crave.
Inside, you’ll find **pristine hardwood floors**, **original solid-core interior doors**, and **fresh paint throughout (2019–2022)**. The **front living room window was replaced in 2019**, letting in gorgeous natural light while boosting efficiency. The **finished bonus room in the basement** offers extra space for a playroom, office, or cozy den—your pick!
The kitchen is full of good vibes with **new flooring (2022)** and a **large sink overlooking the generous, freshly painted back deck**—perfect for sipping coffee while the dog roams in the **fully fenced with vinyl privacy fencing (2019) private backyard**. Need shade? A **deck awning was added in 2020** for those sunny afternoons and makes the space great for entertaining.
The **primary suite includes its own FULL BATH with no step shower and a generous WALK-IN CLOSET**—two rare features at this price point! The second full bath serves guests and other bedrooms.
Other features that make life easy:
**New A/C (2020)**
**High-efficiency furnace (2019)**
**New sump pump (2019)**
**All vinyl windows**
**3 convenient entry points** (rear deck door, side driveway door, front foyer with closet)
**Full 2-car garage** with **3 garage door openers** (yes, three!)
**Ring camera's stay!**
And the location? Unbeatable. **Just two blocks from all the best of Hertel—restaurants, bars, gyms, boutique shops, Lexington Co-op AND Dashes, Rails-to-Trails, a Park—close to the action but tucked away from the noise. You're also just minutes to Target, Wegmans, Tops, Marshalls, Kohl’s, UB and ~10–15 minutes to Downtown, the Elmwood Village, and the suburbs. Convenience meets charm in every direction!
If you're looking for a move-in-ready home with space, style, and updates in all the right places—**this one is a must-see!**
Showings start immediately. Public open houses Wed 6/4/25 5-7pm & Sat 6/7/25 11-1. Offers considered Tues at 2pm. Lets move!
| |||
| Jul 8, 2019 | Sold | ||
| Sold | |||
| May 9, 2019 | No longer available | - | |
| No longer available | |||
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About North Buffalo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017