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Cheektowaga 14225 Depew
40 Lobue Lane
$40,000
● Mobile Manufactured - Off Market

40 Lobue Lane

Cheektowaga, NY 14225
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
840 Ft²
$45,016
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Owner is relocating! Move right into this single wide with the feel of a double wide! Updates include flooring, plumbing, heat tape, kitchen counter top, backsplash, blinds, newer a/c, metal roof, gutters, furnace, hot water tank.  Enjoy the outdoors on your new wooden porch or in the 3 season room. Stainless steel appliances, washer and dryer are included. Shed with electric. Window treatments in the front bedroom are excluded, park allows 2 pets under 40 pound and taxes are included in the lot rent. Please do not let out the cats! Application fee is 20.00 and must be approved by the park.
Unit Size
840 Ft²
Days on Market
129 days
Land Size
-
Price per sqft
$52
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
-
Year Built
1970

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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 #B1390202)

Price History

Date / Event Date Event Price
Jul 1, 2022 Sold
Premium
Sold
Feb 22, 2022 Listed by Howard Hanna WNY Inc $44,000
Listed by Howard Hanna WNY Inc

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 840
  • Building Area: 840
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 840
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Standard Land Use Code: 1006
  • County Land Use Code: 270
  • Mobile Home Indicator: T

Neighborhood

  • School District Name: Lancaster Central School District
  • School Tax School District: LANCASTER
  • Census Tract: 010002

Geography

  • District: 143089
  • Section: 92.20
  • Parcel: 143089 92.02-3-24./244
  • Block: 3
  • Lot: 24.000
  • Municipality: CHEEKTOWAGA (TOV)
  • Latitude: 42.931
  • Longitude: -78.7091

    Address

  • Full Address: 40 Lobue Ln
  • Address - House Number: 40
  • Address - Street Name: Lobue
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Buffalo
  • Carrier Code: C006
  • 4-Digit Zip Code: 2452
  • Zip Code: 14225

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: 145201

    Appraisal Valuation

  • Standard Deviation: 0.116
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 87
  • Final Value: 42,288
  • High Value: 47,194
  • Low Value: 37,382

    Market Valuation

  • Market Total Value: $7,692
  • Market Improvement Value: $7,692

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $7,000
  • Assessed Improvements Value: $7,000
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 Depew

Stats & Trends

Median Asking:

$254,900

Sale Price/ft²

$169

Below Asking

0.01%

Average Days on Market

75

Average Home Size

1860 ft²

Average Home Age

74.9 years

Currently For Sale

24 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 4100 Stonegate #2 Lane, Buffalo, NY, 14221

$2,691 /mo

  • 2 Beds
  • 1 Bath
  • 1,531 ft²
4100 Stonegate #2 Lane #TOWNHOME, Buffalo, NY, 14221 Listing by Joel P Calabrese
Unit for rent at 3284 Walden Avenue, Depew, NY, 14043

$1,350 /mo

  • 1 Bed
  • 1 Bath
  • 750 ft²
3284 Walden Avenue, Depew, NY, 14043 Listing by Anthony Galbo

Rentals Near You

Click here to view more rentals in the neighborhood.
NYSAMLS

Last Updated: 6 months ago
Data Source: NYSAMLSs, MLS# B1390202

Frequently Asked Questions

When was property at 40 Lobue Lane built and last sold?
The property at 40 Lobue Lane was built in 1970 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 40 Lobue Lane is $50,713.
What are some comparable homes to 40 Lobue Lane?
There are currently no comparable homes to 40 Lobue Lane.
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