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Buffalo 52728
802 3RD Street
$9,700
● Land - Off Market

802 3RD Street

Buffalo, IA 52728
bedrooms
Studio
bathrooms
0 Bath
$9,574
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

AUCTION REO.  Great opportunity to design your own home on this vacant lot with approximately 6,440 square feet.  Let your imagination go wild, bring the contractor and start planning your design!  1 car garage sits on lot, no guarantee of condition or ability to use.  AS IS.  Reserve auction, will bring what market bears.
Unit Size
-
Days on Market
-
Land Size
0.15 acres
Price per sqft
-
Property Type
Land
Property Taxes
$113
HOA Dues
-
Year Built
1900

Payment Calculator

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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.

Property Highlights

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 5
  • Building Quality: 15
  • Construction Type: 6
  • Building Style: 2
  • Exterior Walls Type: 29
  • Interior Walls Type: 6
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 9
  • Basement Type: 2
  • Basement Area: 384
  • Garage Type: 4
  • Garage Square Area: 525
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,447
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 460
  • Total Building Area: 1,771
  • Gross Building Area: 1,771
  • Building Area: 1,771
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,771
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HECKLE & KAUTZ'S ADD
  • Land Acres: 0000000148
  • Standard Land Use Code: 1001
  • County Land Use Code: 101
  • Legal Description 1: HECKLE & KAUTZ'S ADD LOT: 006 BLOCK: 009 HECKLE & KAUTZ'S ADD

Neighborhood

  • School District Name: Davenport Community School District
  • School Tax School District: DAVENPORT
  • Census Tract: 010401

Geography

  • Assessors Map Reference: PM 72214010609
  • District: BU
  • Parcel: 72214010609
  • Block: 9
  • Lot: 6
  • Municipality: BUFFALO DAVENPORT
  • Latitude: 41.4572
  • Longitude: -90.7272

    Address

  • Full Address: 802 3rd St
  • Address - House Number: 802
  • Address - Street Name: 3rd
  • Address - Suffix Type: St
  • State: IA
  • City Name: Buffalo
  • Carrier Code: R777
  • 4-Digit Zip Code: 7723
  • Zip Code: 52728

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,925,203
  • Initial Tax Delinquent Year: 2018
  • Tax Rate Code Area: BUD

    Appraisal Valuation

  • Standard Deviation: 0.1397
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 83
  • Final Value: 30,272
  • High Value: 34,503
  • Low Value: 26,041

    Market Valuation

  • Market Total Value: $24,100
  • Market Land Value: $10,300
  • Market Improvement Value: $13,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,100
  • Assessed Land Value: $10,300
  • Assessed Improvements Value: $13,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 20, 2023
  • Current Sale Recording Date: Jul 13, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 12270
  • Previous Sale Recording Date: Mar 14, 2023
  • Previous Sale Contract Date: Mar 07, 2023
  • Previous Sale Amount: $26,500
  • Previous Sale Document Type: 64
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 Buffalo

Stats & Trends

Median Asking:

$189,885

Sale Price/ft²

$150

Above Asking

0.00%

Average Days on Market

67

Average Home Size

912 ft²

Average Home Age

57 years

Currently For Sale

1 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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MRED

Listed by: Cheryl Rabin, REALHome Services and Solutions, Inc.
Data Source: MRED, MLS# MRDQC4241662
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 802 3rd Street built and last sold?
The property at 802 3rd Street was built in 1900 and last sold on Jun 20, 2023 for $10,200.
How much is this home worth?
The estimated value of the home located at 802 3rd Street is $0.
What are some comparable homes to 802 3rd Street?
There are currently no comparable homes to 802 3rd Street.
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