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14304
2444 River Road
$510,990
● House - Off Market

2444 River Road

Wheatfield, NY 14304
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,336 Ft²
$529,294
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

Did someone say waterfront? Woah! Here it is, you're dream home on over an acre of water front property. Dock your boat in the water and enjoy the sunrise over the beautiful Niagara River. Step inside and relax in this beautiful ranch home! Entertain your guests with ease with the layout that flows through the open living room/ family room, to the kitchen that leads to a screened in back porch! Don't miss this once in a lifetime opportunity! Water and electrical are both located at the boat dock! All appliances and boat lift are negotiable. Showings start immediately. Reviewing offers as they come in. Updates within 5yrs, Mteal Roof,  Hot Water Tank, Windows, HVAC, Insulation, Sun Room, Fireplace, Fence, Fridge, Stove Top, Built in Oven, Microwave. Concrete garage floor 3yrs old!
Unit Size
1,336 Ft²
Days on Market
101 days
Land Size
1.28 acres
Price per sqft
$374
Property Type
House
Property Taxes
$549
HOA Dues
-
Year Built
1955

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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: 5 months ago (NYSAMLS #B1435986)

Price History

Date / Event Date Event Price
Jan 18, 2023 Sold
Premium
Sold
Nov 21, 2022 In contract -
In contract
Oct 28, 2022 Relisted $499,990
Relisted
Oct 12, 2022 In contract -
In contract
Oct 3, 2022 Listed by Berkshire Hathaway Homeservices Zambito Realtors $499,990
Listed by Berkshire Hathaway Homeservices Zambito Realtors
Show More

Property Highlights

Garage
Air Conditioning
With View
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 2
  • 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: 440
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 23

    Dimensions

  • Lot Size Square Feet: 55,757
  • Lot Size Depth Feet: 5,600
  • Lot Size Frontage Feet: 984
  • Total Building Area: 1,336
  • Building Area: 1,336
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,336
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001280
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 8/95 12195 .01

Neighborhood

  • School District Name: Niagara-Wheatfield Central School District
  • School Tax School District: NIAGARA-WHEATFI
  • Census Tract: 022714

Geography

  • District: 294000
  • Section: 175.14
  • Parcel: 294000 175.14-1-47
  • Block: 1
  • Lot: 47.000
  • Municipality: WHEATFIELD
  • Latitude: 43.0609
  • Longitude: -78.9158

    Address

  • Full Address: 2444 River Rd
  • Address - House Number: 2444
  • Address - Street Name: River
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Niagara Falls
  • Carrier Code: C079
  • 4-Digit Zip Code: 3737
  • Zip Code: 14304

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $956,712
  • Tax Rate Code Area: 293001

    Appraisal Valuation

  • Standard Deviation: 0.2145
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 70
  • Final Value: 486,899
  • High Value: 591,343
  • Low Value: 382,455

    Market Valuation

  • Market Total Value: $417,500
  • Market Land Value: $147,500
  • Market Improvement Value: $270,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $167,000
  • Assessed Land Value: $59,000
  • Assessed Improvements Value: $108,000

    Sales

  • Current Sale Contract Date: Jan 09, 2023
  • Current Sale Recording Date: Jan 18, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 872
  • Previous Sale Recording Date: Jul 20, 2022
  • Previous Sale Contract Date: Jun 16, 2022
  • Previous Sale Amount: $165,000
  • 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 Wheatfield

Stats & Trends

Median Asking:

$379,999

Sale Price/ft²

$205

Below Asking

0.01%

Average Days on Market

71

Average Home Size

2231 ft²

Average Home Age

37.6 years

Currently For Sale

32 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

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NYSAMLS

Last Updated: 5 months ago
Data Source: NYSAMLSs, MLS# B1435986

Frequently Asked Questions

When was property at 2444 River Road built and last sold?
The property at 2444 River Road was built in 1955 and last sold on Jan 9, 2023 for $511,000.
How much is this home worth?
The estimated value of the home located at 2444 River Road is $491,746.
What are some comparable homes to 2444 River Road?
There are currently no comparable homes to 2444 River Road.
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