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Erie 14075
3358 Cedar Valley
$339,900
● House - Off Market

3358 Cedar Valley

Hamburg, NY 14075
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,641 Ft²
$497,535
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model

About This Property

You'll love life in this amazing Ranch design. Your new home offers all the conveniences of first floor living with an open floor plan; that allows flexibility should your needs change. The spacious Great Room with gas Fireplace is very welcoming; the custom Kitchen with pantry and breakfast area is a great space for entertaining. Owner's Bedroom with large walk in closet and private bath with large shower, separate from other bedrooms. Convenient first floor laundry. You will love it! This home is sold.
Unit Size
1,641 Ft²
Days on Market
104 days
Land Size
-
Price per sqft
$207
Property Type
House
Property Taxes
-
HOA Dues
$25
Year Built
2018

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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: 6 months ago (NYSAMLS #B1216806)

Price History

Date / Event Date Event Price
Nov 19, 2019 Sold
Premium
Sold
Aug 11, 2019 No longer available -
No longer available
Aug 9, 2019 Listed by Forbes Capretto Homes $339,900
Listed by Forbes Capretto Homes
Jul 11, 2019 Price Decreased $349,900
↓ $5K (1.4%)
Price Decreased
Jul 4, 2019 Price Decreased $354,900
↓ $5K (1.4%)
Price Decreased
Show More

Property Highlights

Air Conditioning
Garage
With View
Fireplace

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 4
  • 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: 462
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,428
  • Lot Size Depth Feet: 1,709
  • Lot Size Frontage Feet: 867
  • Total Building Area: 1,638
  • Building Area: 1,638
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,638
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOLLAND LAND COMPANYS SURVEY
  • Land Acres: 0000000262
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Hamburg Central School District
  • School Tax School District: FRONTIER
  • Census Tract: 013201

Geography

  • District: 144889
  • Section: 182.100
  • Parcel: 144889 182.10-3-25
  • Block: 3
  • Lot: 25.000
  • Municipality: HAMBURG (TOV)
  • Latitude: 42.736
  • Longitude: -78.8611

    Address

  • Full Address: 3358 Cedar Valley Way
  • Address - House Number: 3358
  • Address - Street Name: Cedar Valley
  • Address - Suffix Type: Way
  • State: NY
  • City Name: Hamburg
  • Carrier Code: C042
  • 4-Digit Zip Code: 3681
  • Zip Code: 14075

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: 144804

    Appraisal Valuation

  • Standard Deviation: 0.2177
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 70
  • Final Value: 417,222
  • High Value: 508,061
  • Low Value: 326,384

    Market Valuation

  • Market Total Value: $421,875
  • Market Land Value: $37,500
  • Market Improvement Value: $384,375

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $135,000
  • Assessed Land Value: $12,000
  • Assessed Improvements Value: $123,000

    Sales

  • Current Sale Contract Date: Nov 11, 2019
  • Current Sale Recording Date: Nov 19, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 61
  • Current Sale Input Document Number: 2019255381
  • Previous Sale Recording Date: Oct 31, 2018
  • Previous Sale Contract Date: Oct 31, 2018
  • Previous Sale Amount: $55,000
  • Previous Sale Document Type: 12
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 Erie

Stats & Trends

Median Asking:

$269,900

Sale Price/ft²

$182

Above Asking

57.05%

Average Days on Market

76

Average Home Size

2111 ft²

Average Home Age

83.3 years

Currently For Sale

2030 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 3385 Cedar Valley, Hamburg, NY, 14075

$1,950 /mo

  • 2 Beds
  • 2 Baths
  • 991 ft²
3385 Cedar Valley, Hamburg, NY, 14075 Listing by Brian K Burke

Rentals Near You

Click here to view more rentals in the neighborhood.
NYSAMLS

Last Updated: 6 months ago
Data Source: NYSAMLSs, MLS# B1216806

Frequently Asked Questions

When was property at 3358 Cedar Valley Way built and last sold?
The property at 3358 Cedar Valley Way was built in 2018 and last sold on Nov 11, 2019 for $334,900.
How much is this home worth?
The estimated value of the home located at 3358 Cedar Valley Way is $341,058.
What are some comparable homes to 3358 Cedar Valley Way?
There are currently no comparable homes to 3358 Cedar Valley Way.
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