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Lockport 14094
39 Cave Street
$31,900
● House - Off Market

39 Cave Street

Lockport City, NY 14094
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,156 Ft²
$47,299
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

Looking for something affordable with loads of potential? Come see this 2 bedroom bungalow on a quiet neighborhood street. Loads of charm including feature windows, roman columns and natural hardwood floors. The possibilities for this home are only as limited as your imagination. Great opportunity for a do-it-yourselfer, investor, or flipper. Fully fenced-in backyard, large eat-in kitchen, first-floor laundry, formal dining room, and generously sized bedrooms
Unit Size
1,156 Ft²
Days on Market
113 days
Land Size
0.07 acres
Price per sqft
$40
Property Type
House
Property Taxes
$227
HOA Dues
-
Year Built
1860

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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 #B1445247)

Price History

Date / Event Date Event Price
Aug 18, 2023 Sold
Premium
Sold
Mar 15, 2023 Sold
Premium
Sold
Jan 20, 2023 In contract -
In contract
Nov 15, 2022 Listed by Berkshire Hathaway Homeservices Zambito Realtors $45,900
Listed by Berkshire Hathaway Homeservices Zambito Realtors
Aug 8, 2007 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1860
  • Effective Year Built: 1860
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 5
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 175
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,049
  • Lot Size Depth Feet: 940
  • Lot Size Frontage Feet: 342
  • Total Building Area: 1,156
  • Building Area: 1,156
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,156
  • 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: 0000000070
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Lockport City School District
  • School Tax School District: LOCKPORT
  • Census Tract: 023800

Zoning

  • Zoning: R3

Geography

  • Account Number: 1-0699.000
  • District: 290900
  • Section: 109.56
  • Parcel: 290900 109.56-1-52
  • Block: 1
  • Lot: 52.000
  • Municipality: LOCKPORT
  • Latitude: 43.1717
  • Longitude: -78.6813

    Address

  • Full Address: 39 Cave St
  • Address - House Number: 39
  • Address - Street Name: Cave
  • Address - Suffix Type: St
  • State: NY
  • City Name: Lockport
  • Carrier Code: C018
  • 4-Digit Zip Code: 3806
  • Zip Code: 14094

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $215,916
  • Tax Rate Code Area: 290900

    Appraisal Valuation

  • Standard Deviation: 0.459
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 8
  • Final Value: 608,379
  • High Value: 887,654
  • Low Value: 329,103

    Market Valuation

  • Market Total Value: $99,000
  • Market Land Value: $2,700
  • Market Improvement Value: $96,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $99,000
  • Assessed Land Value: $2,700
  • Assessed Improvements Value: $96,300

    Sales

  • Current Sale Contract Date: Aug 15, 2023
  • Current Sale Recording Date: Aug 18, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2023-12437
  • Previous Sale Recording Date: Aug 18, 2023
  • Previous Sale Contract Date: Aug 07, 2023
  • Previous Sale Amount: $125,000
  • 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 Lockport

Stats & Trends

Median Asking:

$194,500

Sale Price/ft²

$119

Below Asking

0.03%

Average Days on Market

85

Average Home Size

2491 ft²

Average Home Age

115.5 years

Currently For Sale

75 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 5834 S Transit Road, Lockport, NY, 14094

$1,600 /mo

  • 2 Beds
  • 1 Bath
  • 1,200 ft²
5834 S Transit Road, Lockport, NY, 14094 Listing by Joseph Piracci

Rentals Near You

Click here to view more rentals in the neighborhood.
NYSAMLS

Last Updated: 5 months ago
Data Source: NYSAMLSs, MLS# B1445247

Frequently Asked Questions

When was property at 39 Cave Street built and last sold?
The property at 39 Cave Street was built in 1860 and last sold on Aug 15, 2023 for $125,000.
How much is this home worth?
The estimated value of the home located at 39 Cave Street is $50,177.
What are some comparable homes to 39 Cave Street?
There are currently no comparable homes to 39 Cave Street.
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