$189,900
●
Condo -
For Sale
849 Delaware Avenue #302
Buffalo, NY 14209
1 Bed
1 Bath
$1,720
Est. Monthly
$650
HOA / Fees
1.66%
Cap Rate
About This Property
Updated Condo in the heart of City living steps away from Buffalo's
Medical Campus and Entertainment districts. Why rent when you can
own, this 1 bed has plenty of closet space with a beautiful
view south towards the heart of the city. The living room is an
open floor plan with large windows also facing south. The kitchen
is right of the living room with full appliances including a full
size dishwasher. The bath has been updated and is nestled in
between the Kitchen and Bedroom. Downtown living made easy with a
dedicated parking spot. Plenty of amenities including all utilities
except internet, common laundry available on the same floor,
storage in the basement can be requested, a roof top patio with a
breathtaking view of the city and waterfront. Check out the virtual
tour for a sneak peak.
Unit Size
-
Days on Market
33 days
Land Size
0.58 acres
Price per sqft
-
Property Type
Condo
Property Taxes
$137
HOA Dues
$650
Year Built
-
Listed By
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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.
You can learn more about cap rate here .
Last updated: 2 months ago (NYSAMLS #B1576604)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 8, 2024 | Listed by Element Realty Services | $189,900 | |
| Listed by Element Realty Services | |||
Property Highlights
Parking Available
Garage
Elevator
Parking Details
Parking Features: Assigned, No Garage, One Space
Interior Details
Bedrooms: 1
Bedrooms on Main Level: 1
Full Bathrooms: 1
Bathrooms on Main Level: 1
Interior Features: Breakfast Bar, Bedroom On Main Level
Appliances: Dishwasher, Electric Oven, Electric Range, Gas Water Heater, Refrigerator
Flooring Type: Hardwood, Tile, Varies
Rooms: 4
Has Basement
Full
Exterior Details
Road Frontage Type: CityStreet
Property Condition: Resale
Year Built: 1961
Roof: Flat
Construction Materials: Brick, Copper Plumbing
NearPublicTransit, Rectangular, ResidentialLot
Lot Size Dimensions: 87X290
Lot Size Acres: 0.58
Lot Size Square Feet: 25471
Land Assessed Value: $0
Financial Details
Tax Assessed Value: $58,000
Tax Annual Amount: $1,639
Utilities Details
Heating Type: Gas, Hot Water
Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
Location Details
Association Fee Includes: CommonAreaMaintenance, CommonAreaInsurance, CommonAreas, Heat, MaintenanceStructure, ReserveFund, Sewer, SnowRemoval, Trash, Water
Association Fee: $650
Association Fee Frequency: Monthly
849 Delaware Avenue #302, Buffalo, NY, 14209
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Condo
1
Bed
1
Bath
-
$184,500
Feb 3, 2024
$184,500
Jun 19, 2024
$499/mo
Condo
1
Bed
1
Bath
-
$175,000
Mar 22, 2023
$175,000
Jun 16, 2023
$680/mo
Condo
1
Bed
1
Bath
-
$190,000
May 4, 2024
$190,000
Jun 17, 2024
$875/mo
Condo
1
Bed
1
Bath
-
$221,000
Jan 15, 2024
$221,000
Mar 21, 2024
$712/mo
Condo
1
Bed
1
Bath
-
$180,000
Jan 25, 2021
$180,000
Jun 29, 2021
$378/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
06/20/2024
|
2 Bed
|
3 Bath
|
-
|
$469,900
2 Bed
3 Bath
|
$450,000
-4.23%
08/29/2024
|
-
|
Susan Lenahan
MJ Peterson Real Estate
| |
|
02/03/2024
|
1 Bed
|
1 Bath
|
-
|
$199,900
1 Bed
1 Bath
|
$184,500
-7.70%
06/19/2024
|
-
|
Michelle Petrie
WNY Metro Roberts Realty
| |
|
07/05/2023
|
1 Bed
|
2 Bath
|
-
|
$129,000
1 Bed
2 Bath
|
$123,000
-4.65%
09/18/2023
|
-
|
Robert Meredith
Gurney Becker & Bourne
| |
|
05/17/2023
|
Loft
|
2 Bath
|
-
|
$309,900
Loft
2 Bath
|
$305,000
-1.58%
07/31/2023
|
-
|
Michael Hartke
Howard Hanna WNY Inc
| |
|
04/11/2023
|
2 Bed
|
1.5 Bath
|
973 ft²
|
$249,000
2 Bed
1.5 Bath
973 ft²
|
-
-
|
-
|
Robert L Meredith
Gurney Becker & Bourne
| |
|
03/09/2023
|
1 Bed
|
2 Bath
|
-
|
$279,900
1 Bed
2 Bath
|
$275,000
-1.75%
06/16/2023
|
-
|
Joseph Saccone
Keller Williams Realty WNY
| |
|
02/01/2023
|
3 Bed
|
3 Bath
|
-
|
$525,000
3 Bed
3 Bath
|
$473,000
-9.90%
02/20/2024
|
-
|
James Mack
Gurney Becker & Bourne
| |
|
07/26/2022
|
2 Bed
|
1.5 Bath
|
973 ft²
|
$325,000
2 Bed
1.5 Bath
973 ft²
|
-
-
|
-
|
Susan D. Lenahan
MJ Peterson Real Estate
| |
|
12/01/2021
|
2 Bed
|
2 Bath
|
973 ft²
|
$319,900
2 Bed
2 Bath
973 ft²
|
-
-
|
-
|
Robert L Meredith
Gurney Becker & Bourne
| |
|
01/25/2021
|
1 Bed
|
1 Bath
|
-
|
$189,900
1 Bed
1 Bath
|
$180,000
-5.21%
06/30/2021
|
Kimberly Nemeth
Howard Hanna
| ||
|
01/21/2021
|
1 Bed
|
1 Bath
|
539 ft²
|
$189,900
1 Bed
1 Bath
539 ft²
|
-
-
|
-
|
-
| |
|
11/13/2020
|
1 Bed
|
2 Bath
|
867 ft²
|
$225,000
1 Bed
2 Bath
867 ft²
|
-
-
|
-
|
-
| |
|
07/12/2020
|
Loft
|
1 Bath
|
539 ft²
|
$199,900
Loft
1 Bath
539 ft²
|
$195,000
-2.45%
04/20/2021
|
Robert L. Meredith
| ||
|
06/23/2020
|
Loft
|
2 Bath
|
973 ft²
|
$299,900
Loft
2 Bath
973 ft²
|
$285,000
-4.97%
12/05/2020
|
James Conley
| ||
|
02/11/2020
|
Loft
|
3 Bath
|
1512 ft²
|
$525,000
Loft
3 Bath
1512 ft²
|
-
-
|
-
|
-
| |
|
11/14/2019
|
2 Bed
|
1 Bath
|
973 ft²
|
$320,000
2 Bed
1 Bath
973 ft²
|
$305,000
-4.69%
01/02/2020
|
Jake Warner
| ||
|
08/08/2019
|
2 Bed
|
2 Bath
|
973 ft²
|
$259,000
2 Bed
2 Bath
973 ft²
|
-
-
|
-
|
-
| |
|
08/08/2019
|
1 Bed
|
1 Bath
|
539 ft²
|
$199,900
1 Bed
1 Bath
539 ft²
|
-
-
|
-
|
-
| |
|
03/28/2019
|
2 Bed
|
2 Bath
|
973 ft²
|
$309,900
2 Bed
2 Bath
973 ft²
|
-
-
|
-
|
-
| |
|
01/23/2019
|
2 Bed
|
2 Bath
|
973 ft²
|
$299,000
2 Bed
2 Bath
973 ft²
|
-
-
|
-
|
Linda Walsh
Leesa Byrnes Realty Inc
| |
|
09/06/2018
|
1 Bed
|
2 Bath
|
867 ft²
|
-
1 Bed
2 Bath
867 ft²
|
-
-
|
-
|
-
| |
|
07/16/2018
| |
2 Bed
|
2 Bath
|
973 ft²
|
-
2 Bed
2 Bath
973 ft²
|
-
-
|
-
|
-
|
|
10/31/2017
| |
1 Bed
|
1.5 Bath
|
867 ft²
|
-
1 Bed
1.5 Bath
867 ft²
|
-
-
|
-
|
-
|
Building Info
849 Delaware Avenue
849 Delaware Avenue, Buffalo, NY 14209
- 3 Units for Sale
About Elmwood
Similar Homes for Sale
Nearby Rentals
Last Updated: 2 months ago
Data Source: NYSAMLSs, MLS# B1576604
Data Source: NYSAMLSs, MLS# B1576604
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc. CalDRE: 00494703
