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Clarence 14031
5120 Alexander Drive
$290,000
● House - Off Market

5120 Alexander Drive

Clarence, NY 14031
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,686 Ft²
$314,001
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

*Open Sunday 1-3* Very well cared for 3 bedroom 1.5 bath ranch home that offers updated kitchen and bath within the last 6 yrs open concept kitchen/dining room, large living room, family room, partially finished basement, roof approx 2008, furnace and A/C approx 2012, hot water tank approx 2011. Brand new windows throughout,  Gleaming hardwood floors, Owner is willing to give a $200 credit for the master closet doors. Walking distance to Clarence Town Park and the Hollow. Gazebo and pool will stay hot tub excluded. master bathroom and hallway doors will be installed before closing.  All offers if any are due in by 2pm 8/26/21. Showings start immediately.
Unit Size
1,686 Ft²
Days on Market
57 days
Land Size
0.46 acres
Price per sqft
$165
Property Type
House
Property Taxes
$415
HOA Dues
-
Year Built
1963

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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 #B1360345)

Price History

Date / Event Date Event Price
Oct 12, 2021 Sold
Premium
Sold
Aug 19, 2021 Listed by Howard Hanna $279,000
Listed by Howard Hanna

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 17
  • 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: 460
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,038
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,686
  • Building Area: 1,686
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,686
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOLLAND LAND COMPANY S SURVEY
  • Land Acres: 0000000460
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: MC 1922 SL 5 SEC 2 100 X 200

Neighborhood

  • School District Name: Clarence Central School District
  • School Tax School District: CLARENCE
  • Census Tract: 014704

Geography

  • Account Number: 021 0010050
  • District: 143200
  • Section: 72.60
  • Parcel: 143200 72.06-2-2
  • Block: 2
  • Lot: 2.000
  • Municipality: CLARENCE
  • Latitude: 42.9853
  • Longitude: -78.598

    Address

  • Full Address: 5120 Alexander Dr
  • Address - House Number: 5120
  • Address - Street Name: Alexander
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Clarence
  • Carrier Code: C002
  • 4-Digit Zip Code: 1629
  • Zip Code: 14031

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.2195
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 69
  • Final Value: 348,937
  • High Value: 425,536
  • Low Value: 272,338

    Market Valuation

  • Market Total Value: $311,250
  • Market Land Value: $62,500
  • Market Improvement Value: $248,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $249,000
  • Assessed Land Value: $50,000
  • Assessed Improvements Value: $199,000

    Sales

  • Current Sale Contract Date: Oct 01, 2021
  • Current Sale Recording Date: Oct 12, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021203698
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 Clarence

Stats & Trends

Median Asking:

$445,000

Sale Price/ft²

$210

Above Asking

0.00%

Average Days on Market

74

Average Home Size

2789 ft²

Average Home Age

86.5 years

Currently For Sale

2 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

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NYSAMLS

Last Updated: 6 months ago
Data Source: NYSAMLSs, MLS# B1360345

Frequently Asked Questions

When was property at 5120 Alexander Drive built and last sold?
The property at 5120 Alexander Drive was built in 1963 and last sold on Oct 1, 2021 for $290,000.
How much is this home worth?
The estimated value of the home located at 5120 Alexander Drive is $285,326.
What are some comparable homes to 5120 Alexander Drive?
There are currently no comparable homes to 5120 Alexander Drive.
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