253 Winspear Avenue
About This Property
This well-maintained, full-brick home is located right across from the University at Buffalo South Campus, making it a prime location for tenants or owner-occupants. Long term happy tenant would like to stay.
Property Features: 4 spacious bedrooms, 2 full bathrooms
Beautifully updated interior over time – including floors, windows, furnace, water tank
Fully remodeled kitchen and baths. Roof is approx. 10 years young. Full basement with ample storage
Drain line to the street has been recently replaced. Sold "As Is" – Move-in Ready with Updates Already Done! Close to Veterans Hospital, 33 Expressway (easy access to the airport & downtown)
Near shopping, restaurants, public transportation, and more.
Showings begin from the Open House Saturday, October 11, 2025 11:30 AM – 1:00 PM, Negotiations Begin Thursday, October 16, 2025 at 12:00 PM
Also Open for Viewing at the Same Time: 255 Lisbon Ave., Buffalo, NY 14215 – A 3/3 double just around the corner 3 minutes away from this property. Great potential for a package deal – perfect for investors looking to expand their portfolio!
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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%.
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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017