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Erie
6599 Putnam Drive
$162,000
● House - Off Market

6599 Putnam Drive

Evans, NY 14047
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,164 Ft²
$148,205
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

This once 3 bedroom ranch was changed to a 2 bedroom by converting one of the bedrooms into a dining room and added an addition. It could be converted back to a 3 bedroom, if desired. An addition to the house provided more living space and opens to a porch in the fully fenced backyard. Other features are a full basement with laundry area, detached, 2 car garage with opener, blacktop driveway and a nice, 120' deep lot. This is an estate and seller will not make any repairs from an inspection or assessment.
Unit Size
1,164 Ft²
Days on Market
76 days
Land Size
0.19 acres
Price per sqft
$120
Property Type
House
Property Taxes
$322
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: 4 months ago (NYSAMLS #B1441569)

Price History

Date / Event Date Event Price
Jan 12, 2023 Sold
Premium
Sold
Nov 2, 2022 In contract -
In contract
Oct 28, 2022 Listed by Howard Hanna WNY Inc. $140,000
Listed by Howard Hanna WNY Inc.

Property Highlights

Garage

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: 4
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,400
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,164
  • Building Area: 1,164
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,164
  • 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: 0000000193
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: HOL 1542 1463 1464 7OX 12O

Neighborhood

  • School District Name: Evans-Brant Central School District (Lake Shore)
  • School Tax School District: LAKE SHORE
  • Census Tract: 015401

Geography

  • Account Number: 001 0792000
  • District: 144489
  • Section: 192.160
  • Parcel: 144489 192.16-3-45
  • Block: 3
  • Lot: 45.000
  • Municipality: EVANS (TOV)
  • Latitude: 42.7075
  • Longitude: -78.9756

    Address

  • Full Address: 6599 Putnam Dr
  • Address - House Number: 6599
  • Address - Street Name: Putnam
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Derby
  • Carrier Code: R001
  • 4-Digit Zip Code: 9784
  • Zip Code: 14047

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: 144401

    Appraisal Valuation

  • Standard Deviation: 0.2667
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 61
  • Final Value: 177,643
  • High Value: 225,025
  • Low Value: 130,262

    Market Valuation

  • Market Total Value: $148,300
  • Market Land Value: $21,383
  • Market Improvement Value: $126,917

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $86,000
  • Assessed Land Value: $12,400
  • Assessed Improvements Value: $73,600

    Sales

  • Current Sale Contract Date: Dec 05, 2022
  • Current Sale Recording Date: Jan 12, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 33
  • Current Sale Input Document Number: 2023006618
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 6626 Erie Rd., Derby, NY, 14047

$1,500 /mo

  • 2 Beds
  • 1 Bath
  • 1,050 ft²
6626 Erie Rd., Derby, NY, 14047 Listing by Sara L Schnitzer

Rentals Near You

Click here to view more rentals in the neighborhood.
NYSAMLS

Last Updated: 4 months ago
Data Source: NYSAMLSs, MLS# B1441569

Frequently Asked Questions

When was property at 6599 Putnam Drive built and last sold?
The property at 6599 Putnam Drive was built in 1957 and last sold on Dec 5, 2022 for $162,000.
How much is this home worth?
The estimated value of the home located at 6599 Putnam Drive is $147,526.
What are some comparable homes to 6599 Putnam Drive?
There are currently no comparable homes to 6599 Putnam Drive.
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