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Erie 14031
4830 Thompson Road
$725,000
● House - Off Market

4830 Thompson Road

Clarence, NY 14031
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
4,242 Ft²
$1,180,189
RealtyHop Estimate
47.52%
Since Jun 1, 2019
National-US
Primary Model

About This Property

Incredible, historic Orchid Ledge Farm home with majestic barn and 16+ acres of rolling meadows and woods in the heart of Clarence.  This is truly a one-of-a-kind estate with everything imaginable for the outdoor enthusiast. This stately home has been almost completely redone. The 4200 sq. ft home has wide wood plank flooring throughout, wood grain paneling and bookshelf bring out the charm and warmth of years gone by. This park-like property boasts 175 year old trees of all variety, great for horses or livestock in the historic barn, with another 40 x 110 outbuilding for plenty of storage of toys or tots! 25 x 36' 3 bay Workshop for the hobby or handyman. This is a once in a lifetime chance to be part of a historic homestead.
Unit Size
4,242 Ft²
Days on Market
43 days
Land Size
16.00 acres
Price per sqft
$189
Property Type
House
Property Taxes
$941
HOA Dues
-
Year Built
1824

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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: 6 months ago (NYSAMLS #B1175064)

Price History

Date / Event Date Event Price
May 3, 2019 Sold
Premium
Sold
Mar 21, 2019 Listed by MJ Peterson Real Estate $800,000
Listed by MJ Peterson Real Estate

Property Highlights

Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1824
  • Effective Year Built: 1824
  • Total Rooms: 12
  • Bedroom Count: 4
  • Bathroom Count: 7
  • Full Bathrooms: 6
  • Partial Bathrooms: 7
  • Building Condition: 1
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 2
  • 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: 755
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 727,452
  • Lot Size Frontage Feet: 5,444
  • Total Building Area: 8,393
  • Building Area: 8,393
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 8,393
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THE HOLLAND LAND COMPANYS SURVEY
  • Land Acres: 0000016700
  • Standard Land Use Code: 1008
  • County Land Use Code: 240
  • Legal Description 1: 346OFT S OF C LINE GREINER RD SEC10

Neighborhood

  • School District Name: Clarence Central School District
  • School Tax School District: CLARENCE
  • Census Tract: 014603

Geography

  • Account Number: 019 0156000
  • District: 143200
  • Section: 71.90
  • Parcel: 143200 71.09-3-1
  • Block: 3
  • Lot: 1.000
  • Municipality: CLARENCE
  • Latitude: 42.9784
  • Longitude: -78.6488

    Address

  • Full Address: 4830 Thompson Rd
  • Address - House Number: 4830
  • Address - Street Name: Thompson
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Clarence
  • Carrier Code: R005
  • 4-Digit Zip Code: 1456
  • Zip Code: 14031

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: 143201

    Appraisal Valuation

  • Standard Deviation: 0.249
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 64
  • Final Value: 985,467
  • High Value: 1,230,869
  • Low Value: 740,065

    Market Valuation

  • Market Total Value: $2,000,000
  • Market Land Value: $505,000
  • Market Improvement Value: $1,495,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,600,000
  • Assessed Land Value: $404,000
  • Assessed Improvements Value: $1,196,000

    Sales

  • Current Sale Contract Date: May 02, 2019
  • Current Sale Recording Date: May 03, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2019086185
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:

$269,990

Sale Price/ft²

$182

Above Asking

57.17%

Average Days on Market

76

Average Home Size

2094 ft²

Average Home Age

83.4 years

Currently For Sale

2025 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 5458 Center Pine Lane, Williamsville, NY, 14221

$4,500 /mo

  • 4 Beds
  • 2 Baths
  • 2,896 ft²
5458 Center Pine Lane, Williamsville, NY, 14221 Listing by Yun C Coughlin
Unit for rent at 5558 Marthas Vineyard, Clarence Center, NY, 14032

$4,200 /mo

  • 4 Beds
  • 2 Baths
  • 2,454 ft²
5558 Marthas Vineyard, Clarence Center, NY, 14032 Listing by Sharon A Frisicaro

Rentals Near You

Click here to view more rentals in the neighborhood.
NYSAMLS

Last Updated: 6 months ago
Data Source: NYSAMLSs, MLS# B1175064

Frequently Asked Questions

When was property at 4830 Thompson Road built and last sold?
The property at 4830 Thompson Road was built in 1824 and last sold on May 2, 2019 for $725,000.
How much is this home worth?
The estimated value of the home located at 4830 Thompson Road is $792,264.
What are some comparable homes to 4830 Thompson Road?
There are currently no comparable homes to 4830 Thompson Road.
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