5480 Stone Rd

Lockport Town, NY 14094

$200,000
Last Sold Price
5
Beds
1,952 Sq. Ft.
$102 / Sq. Ft.
1,952
Sq. Ft.
$102
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 9/18/23
Closed 9/18/23

Description

Welcome to 5480-5482 Stone Rd in Lockport with Newfane schools. This is 2 houses on one 1+ acre lot that are both tenant occupied. The front house pays $1300/month plus their own oil/electric. The back house pays $1200/month plus their own electric. The current owner pays the water. At $2500/month is rent this would make a great investment property or live in one unit and have a tenant help pay your mortgage. Both houses have received cosmetic upgrades. Both houses have newer roofs and the front...Welcome to 5480-5482 Stone Rd in Lockport with Newfane schools. This is 2 houses on one 1+ acre lot that are both tenant occupied. The front house pays $1300/month plus their own oil/electric. The back house pays $1200/month plus their own electric. The current owner pays the water. At $2500/month is rent this would make a great investment property or live in one unit and have a tenant help pay your mortgage. Both houses have received cosmetic upgrades. Both houses have newer roofs and the front house received new siding.
  1. Listed by Charles Glander • Avant Realty LLC
    P: (716)-333-4663 C: (716)-463-0108 charles@avantrealty.com

Property Details for 5480 Stone Road

Subdivision Comm Complex
Holland Land Companys
Styles Of Residence
Duplex
On Waterfront
No
Parking Description
Gravel
Nearest Cross Street
104
LISTING UPDATED: 09/18/2023 03:44 PM

Property Details for 5480 Stone Road

StatusClosed
MLS #B1469341
Days on Market49
Taxes$5,017 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Residential
Year Built1830
Lot Size1.20 AC / 52,272 SF
CountyNiagara County
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Location

Listing Courtesy of Avant Realty LLC

Sold By HUNT Real Estate ERA

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Building Information for 5480 Stone Road

Stories1Residences2Year Built1830Building Size-Lot Size1.20 AC / 52,272 SF

Payment Calculator

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$1,425 per month

30 year fixed, 6.46% Interest

Principal and Interest

$1,007

Property Taxes

$418

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 5480 Stone Road

Summary
Location and General Information
  • Elementary School District: Newfane
  • High School District: Newfane
  • Middle Or Junior School District: Newfane
  • Village: Not Applicable
  • Human YN: Yes
Parking
  • Garage Spaces per Apt: .00
Taxes and HOA Information
  • Area NYSWIS Code: Lockport-Town-292600
  • Tax Annual Amount: $5,017.00
Property
Lot Information
  • Building Area Source: Public Records
  • Building Area Total: 1952.0
  • Land Features: Agricultural
  • Num Of Acres: 1.2
  • Lot Size Area: 1.2
  • Lot Size Square Feet: 52272.0
  • Lot Size Units: Acres
  • Parcel Number: 292600-080-003-0002-065-000
  • Road Frontage: Main Thoroughfare
  • Lot Number: 65
Property and Assessments
  • Property Condition: Resale
  • Assessed Value: $179,000
  • Year Built: 1830
  • Year Built Description: Existing
Utilities
  • Num Of Electric Meters: 2
  • Num Of Gas Meters: 0
  • Sewer Description: Septic Tank
  • Utilities Available: Water Connected
  • Water Supply: Connected, Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding, Wood Siding
  • Foundation Description: Block, Stone
Interior Features
  • Appliances: Electric Water Heater
  • Basement Description: Crawl Space, Full
  • Basement YN: Yes
  • Num Of Possible Bedrooms: 5
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Carpet, Varies
  • Heating: Electric, Oil, Baseboard, Forced Air
  • Heating YN: Yes
  • Sq Ft Total: 1952.0
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Net Operating Income: -$5,017.00
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Operating Expense Includes: Water Sewer
  • Stories Total: 1
Unit 1
  • Unit Type Actual Rent: $1,200.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Features: ,Other - See Remarks
  • Unit Type Total Rent: $1,200.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 1200
Unit 2
  • Unit Type Actual Rent: $1,300.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Features: ,Dining Area With Living Room
  • Unit Type Total Rent: $1,300.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 1300
Rental
Rental Information
  • Rent Includes: Water
  • Lease Amount Per Area Unit: Dollars Per Square Foot

Property History for 5480 Stone Road

DateEvent & SourcePriceAppreciation
Sep 18, 2023

Sold

WNYREIS #B1469341

$200,000—
Jun 26, 2023

Pending

WNYREIS #B1469341

—
May 19, 2023

Price Change

WNYREIS #B1469341

$199,000—
May 8, 2023

Listed (Active)

WNYREIS #B1469341

$225,000—
DateEvent & SourcePrice
09/18/2023

Sold

WNYREIS #B1469341

$200,000
06/26/2023

Pending

WNYREIS #B1469341

—
05/19/2023

Price Change

WNYREIS #B1469341

$199,000
05/08/2023

Listed (Active)

WNYREIS #B1469341

$225,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 5480 Stone Road

This home is within Newfane Central School District.
Rating
School
Type
Grades
Distance
Newfane Elementary School
Public - K to 4
Newfane Middle School
Public - 4 to 8
Newfane Senior High School
Public - 7 to 12
Rating
School
Distance
Newfane Elementary School
PublicK to 4

Newfane Middle School
Public4 to 8

Newfane Senior High School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Avant Realty LLC

Based on information from one of the following Multiple Listing Services: WNYREIS and Greater Binghamton Association of REALTORS. Information being provided is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by WNYREIS and Greater Binghamton Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.