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Erie 14086
46 Sterling Place
$445,000
● House - Off Market

46 Sterling Place

Lancaster, NY 14086
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,959 Ft²
$658,953
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model

About This Property

This gorgeous, center entrance traditional has been completely refreshed and decorated to perfection, and is now ready for its next owner. The spacious, open floor plan is complimented by volume ceilings, extensive millwork, barn wood accents, and a relaxing color pallet. The covered outdoor patio with spa hot tub is a dream for entertaining or simply enjoying the private, backyard pond view. Recent enhancements include new hardwood floors, fresh paint throughout, stainless KitchenAid appliances and granite countertops, distributed audio system, lighting fixtures, fireplace surround, custom backyard privacy fence, new landscaping, and some updated mechanicals. This home is truly better-than-new and cannot be rebuilt for this price. Highly rated Lancaster Schools (Hillview Elementary).
Unit Size
2,959 Ft²
Days on Market
57 days
Land Size
0.32 acres
Price per sqft
$152
Property Type
House
Property Taxes
$944
HOA Dues
-
Year Built
2012

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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: 4 months ago (NYSAMLS #B1219654)

Price History

Date / Event Date Event Price
Oct 18, 2019 Sold
Premium
Sold
Aug 22, 2019 Listed by Emprise Realty Group, LLC $449,900
Listed by Emprise Realty Group, LLC
Oct 26, 2017 Sold
Premium
Sold
Sep 7, 2017 Listed by Emprise Realty Group, LLC $375,000
Listed by Emprise Realty Group, LLC

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 503
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,424
  • Lot Size Depth Feet: 2,017
  • Lot Size Frontage Feet: 700
  • Total Building Area: 2,959
  • Building Area: 2,959
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,959
  • 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: 0000000400
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Lancaster Central School District
  • School Tax School District: LANCASTER
  • Census Tract: 014208

Zoning

  • Zoning: R2

Geography

  • District: 145289
  • Section: 93.160
  • Parcel: 145289 93.16-4-23
  • Block: 4
  • Lot: 23.000
  • Municipality: LANCASTER (TOV)
  • Latitude: 42.9292
  • Longitude: -78.6637

    Address

  • Full Address: 46 Sterling Pl
  • Address - House Number: 46
  • Address - Street Name: Sterling
  • Address - Suffix Type: Pl
  • State: NY
  • City Name: Lancaster
  • Carrier Code: C008
  • 4-Digit Zip Code: 4435
  • Zip Code: 14086

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.2239
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 69
  • Final Value: 623,806
  • High Value: 763,490
  • Low Value: 484,122

    Market Valuation

  • Market Total Value: $580,000
  • Market Land Value: $133,333
  • Market Improvement Value: $446,667

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $435,000
  • Assessed Land Value: $100,000
  • Assessed Improvements Value: $335,000

    Sales

  • Current Sale Contract Date: Oct 02, 2019
  • Current Sale Recording Date: Oct 18, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2019229320
  • Previous Sale Recording Date: Oct 26, 2017
  • Previous Sale Contract Date: Oct 19, 2017
  • Previous Sale Amount: $365,000
  • 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 Erie

Stats & Trends

Median Asking:

$274,900

Sale Price/ft²

$184

Above Asking

0.10%

Average Days on Market

71

Average Home Size

2124 ft²

Average Home Age

85.5 years

Currently For Sale

3008 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 27 Brandel Avenue, Lancaster, NY, 14086

$2,500 /mo

  • 2 Beds
  • 1 Bath
  • 1,148 ft²
27 Brandel Avenue, Lancaster, NY, 14086 Listing by Mallory Parucki

Rentals Near You

Click here to view more rentals in the neighborhood.
NYSAMLS

Last Updated: 4 months ago
Data Source: NYSAMLSs, MLS# B1219654

Frequently Asked Questions

When was property at 46 Sterling Place built and last sold?
The property at 46 Sterling Place was built in 2012 and last sold on Oct 2, 2019 for $445,000.
How much is this home worth?
The estimated value of the home located at 46 Sterling Place is $449,799.
What are some comparable homes to 46 Sterling Place?
There are currently no comparable homes to 46 Sterling Place.
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