40
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3890 Weber Road
About This Property
The welcoming sunroom is perfect for enjoying your morning coffee while overlooking the shared, stocked pond and taking in the surrounding wildlife. Inside, the home blends rustic character with comfort, featuring a kitchen equipped with a propane range and complemented by a wood-burning stove, a cozy living area centered around a fireplace, and a lofted sleeping space that overlooks the main living area. The sunroom also offers flexibility as a guest space or additional sleeping area.
Outside, you'll find plenty of room to relax or gather with friends and family, whether you're enjoying the peaceful setting or casting a line in the pond.
Ideally located just minutes from the Village of Warsaw and within close proximity to Silver Lake and Letchworth State Park, this property is a great fit for outdoor enthusiasts. With convenient access to Buffalo (approximately one hour), East Aurora (35 minutes), and Arcade (25 minutes), it offers the perfect balance of privacy and accessibility.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 9, 2026 | Price Decreased |
$100,000
↓ $5K
(4.8%) | |
| Price Decreased | |||
| Aug 19, 2026 | Price Decreased |
$105,000
↓ $10K
(8.7%) | |
| Price Decreased | |||
| Jul 23, 2026 | Price Decreased |
$115,000
↓ $5K
(4.2%) | |
| Price Decreased | |||
| Jun 4, 2026 | Price Decreased |
$120,000
↓ $10K
(7.7%) | |
| Price Decreased | |||
| May 6, 2026 | Listed by Howard Hanna WNY Inc. | $130,000 | |
| Listed by Howard Hanna WNY Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017