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Lockport 14094
9 Cherry Street
$97,500
● House - Off Market

9 Cherry Street

Lockport City, NY 14094
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,140 Ft²
$188,724
RealtyHop Estimate
90.63%
Since Apr 1, 2014
National-US
Primary Model

About This Property

Lovely; move-in ready ranch on tree-lined street. Front door enters into small entryway and into open living rm/dining rm layout w/built-ins & loads of charm. Nice, cozy kitchen with small counter area to eat at. Beautiful remodeled full bath. 3 nice size bedrooms, plenty of storage space & hardwood floors. Full basement with half bath allows for great rec rm area. Attached garage and huge "L" shaped, fully-fenced private backyard. Furnace within last 10 yrs, roof in 2010, updated lead wire & new circuit box. A/C & special back yard drainage system keeps it extremely dry.
Unit Size
1,140 Ft²
Days on Market
167 days
Land Size
0.32 acres
Price per sqft
$87
Property Type
House
Property Taxes
$304
HOA Dues
-
Year Built
1958

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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: 5 months ago (NYSAMLS #B438932)

Price History

Date / Event Date Event Price
Apr 21, 2023 Sold
Premium
Sold
Feb 16, 2023 In contract -
In contract
Feb 14, 2023 Listed by REALTY USA WNY INC $175,000
Listed by REALTY USA WNY INC
May 1, 2017 Sold
Premium
Sold
Jan 17, 2017 Listed by REALTY USA WNY INC $110,000
Listed by REALTY USA WNY INC
The time to buy a home is now!! Enjoy a world of living in this well kept ranch style home. Located on a tree lined street close to schools and other amenities. This home offers 3 good size bedrooms with good closet space. Hardwood floors throughout. Open Living/dining room lay out w/built-ins and loads of charm. Full basement w/half bath and area for rec room. Attached garage and "L" shaped lot all fenced private backyard. Roof new in 2010. This property is part of the 100% Money Back Guarantee Program.
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Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 1
  • Garage Square Area: 390
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,424
  • Lot Size Depth Feet: 1,998
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,140
  • Building Area: 1,140
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,140
  • 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: 0000000400
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: IRREGULAR REAR LOT

Neighborhood

  • School District Name: Lockport City School District
  • School Tax School District: LOCKPORT
  • Census Tract: 023800

Zoning

  • Zoning: R1

Geography

  • Account Number: 1-0852.000
  • District: 290900
  • Section: 109.19
  • Parcel: 290900 109.19-1-6
  • Block: 1
  • Lot: 6.000
  • Municipality: LOCKPORT
  • Latitude: 43.1674
  • Longitude: -78.6797

    Address

  • Full Address: 9 Cherry St
  • Address - House Number: 9
  • Address - Street Name: Cherry
  • Address - Suffix Type: St
  • State: NY
  • City Name: Lockport
  • Carrier Code: C033
  • 4-Digit Zip Code: 4717
  • Zip Code: 14094

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $289,252
  • Tax Rate Code Area: 290900

    Appraisal Valuation

  • Standard Deviation: 0.2608
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 62
  • Final Value: 182,635
  • High Value: 230,270
  • Low Value: 135,000

    Market Valuation

  • Market Total Value: $143,000
  • Market Land Value: $16,500
  • Market Improvement Value: $126,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $143,000
  • Assessed Land Value: $16,500
  • Assessed Improvements Value: $126,500

    Exemptions

  • Veteran Exemption: Yes
  • Disabled Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 14, 2023
  • Current Sale Recording Date: Apr 21, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 5708
  • Previous Sale Recording Date: Apr 24, 2017
  • Previous Sale Contract Date: Apr 19, 2017
  • Previous Sale Amount: $104,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: VAR
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 Lockport

Stats & Trends

Median Asking:

$194,500

Sale Price/ft²

$119

Below Asking

0.03%

Average Days on Market

85

Average Home Size

2524 ft²

Average Home Age

116 years

Currently For Sale

73 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 5834 S Transit Road, Lockport, NY, 14094

$1,600 /mo

  • 2 Beds
  • 1 Bath
  • 1,200 ft²
5834 S Transit Road, Lockport, NY, 14094 Listing by Joseph Piracci

Rentals Near You

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NYSAMLS

Last Updated: 5 months ago
Data Source: NYSAMLSs, MLS# B438932

Frequently Asked Questions

When was property at 9 Cherry Street built and last sold?
The property at 9 Cherry Street was built in 1958 and last sold on Apr 14, 2023 for $195,000.
How much is this home worth?
The estimated value of the home located at 9 Cherry Street is $176,625.
What are some comparable homes to 9 Cherry Street?
There are currently no comparable homes to 9 Cherry Street.
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