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Niagara 14094
3353 Hess Road
$135,000
● House - Off Market

3353 Hess Road

Newfane, NY 14094
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,500 Ft²
$228,012
RealtyHop Estimate
68.90%
Since Sep 1, 2016
National-US
Primary Model

About This Property

Adorable 3 bedroom farm house that sits on over 3 acres. This home boasts a ton of character! Brand new front porch, hardwood floors, enclosed back patio (bar stays), enjoy relaxing in your 1 y/o hot tub, nice sized barn great for storage or workshop, for the golf lovers you will love the putting green, second driveway, fruit trees, roof 5yrs, furnace is 4yrs with Ecobee smart thermostat(works with iPhone app), A/C is 4 yrs, htwt tank 6yrs, whole house generator, second driveway for ample parking space.
Unit Size
1,500 Ft²
Days on Market
99 days
Land Size
4.60 acres
Price per sqft
$90
Property Type
House
Property Taxes
$0
HOA Dues
-
Year Built
1920

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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: 6 months ago (NYSAMLS #B498359)

Price History

Date / Event Date Event Price
Oct 5, 2020 Sold
Premium
Sold
Jul 29, 2016 Sold
Premium
Sold
Apr 28, 2016 Listed by Robitaille Real Estate $135,000
Listed by Robitaille Real Estate

Property Highlights

Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 175
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 432
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 118,919
  • Total Building Area: 1,500
  • Building Area: 1,500
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,500
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THE HOLLAND LAND COMPANYS SURVEY
  • Land Acres: 0000002730
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Newfane Central School District
  • School Tax School District: NEWFANE
  • Census Tract: 024201

Geography

  • District: 292800
  • Section: 54.00
  • Parcel: 292800 54.00-2-20.11
  • Block: 2
  • Lot: 20.011
  • Municipality: NEWFANE
  • Latitude: 43.2524
  • Longitude: -78.6484

    Address

  • Full Address: 3353 Hess Rd
  • Address - House Number: 3353
  • Address - Street Name: Hess
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Lockport
  • Carrier Code: R004
  • 4-Digit Zip Code: 9468
  • Zip Code: 14094

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $515,691
  • Tax Rate Code Area: 292801

    Appraisal Valuation

  • Standard Deviation: 0.2382
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 66
  • Final Value: 242,004
  • High Value: 299,661
  • Low Value: 184,347

    Market Valuation

  • Market Total Value: $223,800
  • Market Land Value: $29,609
  • Market Improvement Value: $194,191

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $116,400
  • Assessed Land Value: $15,400
  • Assessed Improvements Value: $101,000

    Sales

  • Current Sale Contract Date: Sep 08, 2020
  • Current Sale Recording Date: Oct 05, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020-16028
  • Previous Sale Recording Date: Jul 29, 2016
  • Previous Sale Contract Date: Jul 27, 2016
  • Previous Sale Amount: $135,000
  • 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 Niagara

Stats & Trends

Median Asking:

$224,900

Sale Price/ft²

$154

Below Asking

0.02%

Average Days on Market

81

Average Home Size

1979 ft²

Average Home Age

88.9 years

Currently For Sale

585 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: 6 months ago
Data Source: NYSAMLSs, MLS# B498359

Frequently Asked Questions

When was property at 3353 Hess Road built and last sold?
The property at 3353 Hess Road was built in 1920 and last sold on Sep 8, 2020 for $165,000.
How much is this home worth?
The estimated value of the home located at 3353 Hess Road is $140,079.
What are some comparable homes to 3353 Hess Road?
There are currently no comparable homes to 3353 Hess Road.
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