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Niagara 14304
8000 Packard Road
$125,000
● House - Off Market

8000 Packard Road

Niagara, NY 14304
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,300 Ft²
$210,142
RealtyHop Estimate
68.25%
Since Jan 1, 2017
National-US
Primary Model

About This Property

This well maintained 3 bedroom, 1.5 bath home is still the original owners and the pride shows! Home offers large living room, formal dining room and eat in kitchen. Other features are hardwood floors under the carpet, updated windows, central air, 2nd floor laundry hook-ups and a  maintenance free exterior. Enjoy the roomy deck overlooking the open, spacious yard. This one is "move-in" ready!
Unit Size
1,300 Ft²
Days on Market
99 days
Land Size
0.35 acres
Price per sqft
$96
Property Type
House
Property Taxes
$308
HOA Dues
-
Year Built
1960

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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: 4 months ago (NYSAMLS #B507739)

Price History

Date / Event Date Event Price
Dec 6, 2016 Sold
Premium
Sold
Aug 29, 2016 Listed by REALTY USA WNY INC $124,900
Listed by REALTY USA WNY INC

Property Highlights

Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,300
  • Lot Size Depth Feet: 1,700
  • Lot Size Frontage Feet: 900
  • Total Building Area: 1,300
  • Building Area: 1,300
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,300
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000351
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: JORDAN SUB 14

Neighborhood

  • School District Name: Niagara-Wheatfield Central School District
  • School Tax School District: NIAGARA-WHEATFI
  • Census Tract: 022602

Zoning

  • Zoning: 02 - SINGL

Geography

  • District: 293000
  • Section: 145.08
  • Parcel: 293000 145.08-3-15
  • Block: 3
  • Lot: 15.000
  • Municipality: NIAGARA
  • Latitude: 43.1146
  • Longitude: -78.9737

    Address

  • Full Address: 8000 Packard Rd
  • Address - House Number: 8000
  • Address - Street Name: Packard
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Niagara Falls
  • Carrier Code: C080
  • 4-Digit Zip Code: 1428
  • Zip Code: 14304

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $496,144
  • Tax Rate Code Area: 293001

    Appraisal Valuation

  • Standard Deviation: 0.2608
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 62
  • Final Value: 208,564
  • High Value: 262,962
  • Low Value: 154,166

    Market Valuation

  • Market Total Value: $197,300
  • Market Land Value: $25,676
  • Market Improvement Value: $171,624

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $73,000
  • Assessed Land Value: $9,500
  • Assessed Improvements Value: $63,500

    Sales

  • Current Sale Contract Date: Nov 21, 2016
  • Current Sale Recording Date: Dec 06, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2016-22743
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:

$225,000

Sale Price/ft²

$156

Below Asking

0.02%

Average Days on Market

72

Average Home Size

2015 ft²

Average Home Age

93.6 years

Currently For Sale

842 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 508 59th Street, Niagara Falls, NY, 14304

$1,400 /mo

  • 3 Beds
  • 1 Bath
  • 2,070 ft²
508 59th Street, Niagara Falls, NY, 14304 Listing by Rabia Ellahi

Rentals Near You

Click here to view more rentals in the neighborhood.
NYSAMLS

Last Updated: 4 months ago
Data Source: NYSAMLSs, MLS# B507739

Frequently Asked Questions

When was property at 8000 Packard Road built and last sold?
The property at 8000 Packard Road was built in 1960 and last sold on Nov 21, 2016 for $125,000.
How much is this home worth?
The estimated value of the home located at 8000 Packard Road is $128,552.
What are some comparable homes to 8000 Packard Road?
There are currently no comparable homes to 8000 Packard Road.
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