For SaleRisky Deal2 days on market
59 Fairoaks Ln
59 Fairoaks Ln, Cheektowaga, NY 14227, Cheektowaga, NY 14227
$289,900
Estimate®:$315,400$25,500 Under Market
Listing Price
59 Fairoaks Ln, Cheektowaga, NY 14227
Loc: Cheektowaga, NY
Days Listed
2
Tax Assessed
$221k
Estimate®
$315k
8% Under Valued
Lot Size
5,663 sqft
Rent Estimate
$2,226/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
4
Union East Elementary School
PK-4
1.2 mi away
7
Cheektowaga Middle School
5-8
1.4 mi away
4
Cheektowaga High School
9-12
1.4 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
split-level housebrick exteriorvinyl sidingattached garagelandscapedmanicured lawnevergreen treessuburbansingle-family homedrivewaytraditionalestablished neighborhoodneutral color palette
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.93%
Total ROI
66.1%
Cash Flow
$-313/mo
DSCR
0.79
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-313/mo net cash flow with a 4.9% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Cheektowaga, NY
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-21 | Listed for sale | $289,900 | $152 |
| 2002-12-11 | Sold | $92,000 | $48 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $0 | $221,000 |
| 2024 | $0 | $221,000 |
| 2023 | $0 | $221,000 |
| 2022 | $0 | $221,000 |
| 2021 | $0 | $191,900 |
| 2020 | $0 | $140,000 |
| 2019 | $0 | $140,000 |
| 2018 | $0 | $140,000 |
| 2017 | $4,426.71 | $140,000 |
| 2016 | $3,180.21 | $140,000 |
| 2015 | $0 | $140,000 |
| 2014 | $0 | $126,000 |
| 2013 | $0 | $78,100 |
| 2012 | $0 | $78,100 |
| 2011 | $0 | $78,100 |
| 2010 | $0 | $69,000 |
| 2009 | $0 | $69,000 |
| 2008 | $0 | $69,000 |
| 2007 | $0 | $69,000 |
| 2006 | $0 | $63,900 |
| 2005 | $0 | $63,900 |
| 2004 | $0 | $63,900 |
| 2003 | $0 | $63,900 |
| 2002 | $0 | $63,900 |
| 2001 | $0 | $63,900 |
| 2000 | $0 | $63,900 |
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