$275,000
●
House -
Off Market
48 Saint Johns Place
Buffalo, NY 14201
2 Beds
1 Bath,
1
Half Bath
1,414 Ft²
$1,747
Est. Monthly
About This Property
Here is your next investment, development or primary residence
opportunity near the heart of the Allentown neighborhood. 48 Saint
John's Pl consists of 2.5 lots with a charming 2-bedroom, 1.5
-bathroom home [ideal for rental income or future development] .The
additional lots are on13 Orton Pl [adjacent lot ready for expansion
or new construction] and 44 Saint John's Pl [additional neighboring
lot, perfect for additional investment or green space!
The residence at 48 Saint Johns's Place features new ceramic floors, a 1st floor updated bathroom, central air and a spacious backyard. This property and adjacent lots are a rare find in the city of Buffalo and within short walking distance to Allentown, Elmwood Village and Symphony Circle.
Development potential through the combination of the residence and both lots to create a larger development project! Imagine townhomes or multi-family! This bundled opportunity is truly unique in Buffalo – don't let it slip away!
The residence at 48 Saint Johns's Place features new ceramic floors, a 1st floor updated bathroom, central air and a spacious backyard. This property and adjacent lots are a rare find in the city of Buffalo and within short walking distance to Allentown, Elmwood Village and Symphony Circle.
Development potential through the combination of the residence and both lots to create a larger development project! Imagine townhomes or multi-family! This bundled opportunity is truly unique in Buffalo – don't let it slip away!
Unit Size
1,414 Ft²
Days on Market
136 days
Land Size
0.10 acres
Price per sqft
$212
Property Type
House
Property Taxes
$274
HOA Dues
-
Year Built
1900
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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: 4 months ago (NYSAMLS #B1546071)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 31, 2024 | Sold | ||
| Sold | |||
| Jul 16, 2024 | In contract | - | |
| In contract | |||
| Jun 17, 2024 | Listed by HUNT Real Estate Corporation | $299,999 | |
| Listed by HUNT Real Estate Corporation | |||
| | |||
|
Here is your next investment, development or primary residence opportunity near the heart of the Allentown neighborhood. 48 Saint John’s Pl consists of 2.5 lots with a charming 2-bedroom, 1.5 -bathroom home [ideal for rental income or future development] .The additional lots are on13 Orton Pl [adjacent lot ready for expansion or new construction] and 44 Saint John’s Pl [additional neighboring lot, perfect for additional investment or green space!
The residence at 48 Saint Johns’s Place features new ceramic floors, a 1st floor updated bathroom, central air and a spacious backyard. This property and adjacent lots are a rare find in the city of Buffalo and within short walking distance to Allentown, Elmwood Village and Symphony Circle.
Development potential through the combination of the residence and both lots to create a larger development project! Imagine townhomes or multi-family! This bundled opportunity is truly unique in Buffalo – don’t let it slip away!
| |||
Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
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Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Elmwood
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Last Updated: 4 months ago
Data Source: NYSAMLSs, MLS# B1546071
Data Source: NYSAMLSs, MLS# B1546071
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Address: 335 Madison Avenue, New York, NY 10017