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Niagara 14304
6944 Sy Road
$390,000
● House - Off Market

6944 Sy Road

Wheatfield, NY 14304
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,444 Ft²
$2,378
Est. Monthly
5.95%
Cap Rate

About This Property

STOP! This custom built home just might meet all your needs and wants! Large kitchen with a professional double oven gas stove with 6 burners and flat top! First floor Primary suite with walk-in closets and full bathroom that leads to the deck. 20ft. plus ceiling height with large windows. 2 upstairs bedrooms with adjoining bathroom and large closets. Enjoy the summer in the heated saltwater above ground pool. The hot tub is just 1 yr old! Fully fenced in yard. Also a heated large 4 car detached garage! The list goes on! Don't Miss This Great Opportunity! Refrigerator, Washer, Dryer, Pool Table, Air Hockey, Foosball Table All Available for Negotiation with Sale! Pool & Hot Tub Are As Is.
Unit Size
2,444 Ft²
Days on Market
73 days
Land Size
0.46 acres
Price per sqft
$159
Property Type
House
Property Taxes
$468
HOA Dues
-
Year Built
1953

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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 #B1590925)

Price History

Date / Event Date Event Price
May 15, 2025 Sold
Premium
Sold
Mar 3, 2025 Listed by Berkshire Hathaway Homeservices Zambito Realtors $389,000
Listed by Berkshire Hathaway Homeservices Zambito Realtors
Jun 24, 1998 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 1,166
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,000
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,444
  • Building Area: 2,444
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 2,444
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000459
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 6/98 13371 85,000

Neighborhood

  • School District Name: Niagara-Wheatfield Central School District
  • School Tax School District: NIAGARA-WHEATFI
  • Census Tract: 022714

Geography

  • District: 294000
  • Section: 162.10
  • Parcel: 294000 162.10-1-23
  • Block: 1
  • Lot: 23.000
  • Municipality: WHEATFIELD
  • Latitude: 43.0869
  • Longitude: -78.9127

    Address

  • Full Address: 6944 Sy Rd
  • Address - House Number: 6944
  • Address - Street Name: Sy
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Niagara Falls
  • Carrier Code: C077
  • 4-Digit Zip Code: 4614
  • Zip Code: 14304

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $782,578
  • Tax Rate Code Area: 293001

    Appraisal Valuation

  • Standard Deviation: 0.2748
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 60
  • Final Value: 377,096
  • High Value: 480,730
  • Low Value: 273,463

    Market Valuation

  • Market Total Value: $337,750
  • Market Land Value: $29,000
  • Market Improvement Value: $308,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $135,100
  • Assessed Land Value: $11,600
  • Assessed Improvements Value: $123,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 09, 1998
  • Current Sale Recording Date: Jun 24, 1998
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
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

1972 ft²

Average Home Age

91 years

Currently For Sale

594 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: 2 years ago
Data Source: NYSAMLSs, MLS# B1590925

Frequently Asked Questions

When was property at 6944 Sy Road built and last sold?
The property at 6944 Sy Road was built in 1953 and last sold on Jun 9, 1998 for $85,000.
How much is this home worth?
The estimated value of the home located at 6944 Sy Road is $386,207.
What are some comparable homes to 6944 Sy Road?
There are currently no comparable homes to 6944 Sy Road.
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