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Niagara 14120
4840 Meyer Road
$235,000
● House - Off Market

4840 Meyer Road

Pendleton, NY 14120
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,056 Ft²
$1,485
Est. Monthly
7.28%
Cap Rate

About This Property

Welcome to 4840 Meyer Rd! This 3 bedroom 1 bathroom Ranch in the heart of Pendleton is ready for your personal touches. Featuring over 3 scenic acres, a large back deck, modern roof and siding, public water and sewer, an attached garage, and so much more! Showings begin immediately, Open House Saturday 11-1. Property is sold as-is. Offers, if any, will be reviewed Tuesday 8/5/25, please submit by Noon.
Unit Size
1,056 Ft²
Days on Market
70 days
Land Size
3.40 acres
Price per sqft
$213
Property Type
House
Property Taxes
$380
HOA Dues
-
Year Built
1957

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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: 2 years ago (NYSAMLS #B1627028)

Price History

Date / Event Date Event Price
Oct 9, 2025 Sold
Premium
Sold
Aug 9, 2025 In contract -
In contract
Jul 31, 2025 Listed by HUNT Real Estate Corporation $224,900
Listed by HUNT Real Estate Corporation

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 374
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 148,104
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,056
  • Building Area: 1,056
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,056
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003400
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Starpoint Central School District
  • School Tax School District: STARPOINT
  • Census Tract: 022702

Geography

  • District: 293200
  • Section: 150.03
  • Parcel: 293200 150.03-2-21
  • Block: 2
  • Lot: 21.000
  • Municipality: PENDLETON
  • Latitude: 43.0971
  • Longitude: -78.7796

    Address

  • Full Address: 4840 Meyer Rd
  • Address - House Number: 4840
  • Address - Street Name: Meyer
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: North Tonawanda
  • Carrier Code: R002
  • 4-Digit Zip Code: 9579
  • Zip Code: 14120

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $443,144
  • Tax Rate Code Area: 293201

    Appraisal Valuation

  • Standard Deviation: 0.2146
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 70
  • Final Value: 250,248
  • High Value: 303,963
  • Low Value: 196,533

    Market Valuation

  • Market Total Value: $207,500
  • Market Land Value: $78,095
  • Market Improvement Value: $129,405

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $110,000
  • Assessed Land Value: $41,400
  • Assessed Improvements Value: $68,600

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes
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 Niagara

Stats & Trends

Median Asking:

$224,900

Sale Price/ft²

$154

Below Asking

0.02%

Average Days on Market

80

Average Home Size

1947 ft²

Average Home Age

88.8 years

Currently For Sale

579 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

Rentals Near You

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NYSAMLS

Last Updated: 2 years ago
Data Source: NYSAMLSs, MLS# B1627028

Frequently Asked Questions

When was property at 4840 Meyer Road built and last sold?
The property at 4840 Meyer Road was built in 1957 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 4840 Meyer Road is $0.
What are some comparable homes to 4840 Meyer Road?
There are currently no comparable homes to 4840 Meyer Road.
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