For SaleExcellent Deal9 days on market
502 El Mar Dr
502 El Mar Dr, Rochester, NY 14616, Rochester, NY 14616
$224,900
Listing Price
502 El Mar Dr, Rochester, NY 14616
Loc: Rochester, NY
Days Listed
9
Tax Assessed
$149k
Lot Size
0.31 acres
Rent Estimate
$2,874/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.
5
Paddy Hill Elementary School
K-5
0.3 mi away
6
Arcadia Middle School
5-8
0.4 mi away
6
Arcadia High School
9-12
0.3 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-levelvinyl sidingtwo-car garageyellow front doorsuburbanlarge front yardmature treesasphalt drivewayresidentialtraditionallandscaped
Haven AI Verdict
Recommendation
Excellent
Confidence Score: 10/10
Strong rental demand expected in this area (98% occupancy rate).
Turnkey property requiring minimal initial CapEx.
Cap Rate
9.41%
Total ROI
163.4%
Cash Flow
$597/mo
DSCR
1.51
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $597/mo net cash flow with a 9.4% cap rate. Underwriting indicates excellent fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (9.4%)
- • Strong rental demand in Rochester
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 | Price change | $224,900 | $106 |
| 2026-09-14 | Listed for sale | $249,900 | $118 |
| 2018-05-02 | Sold | $160,000 | $76 |
| 2018-03-15 | Pending sale | $160,000 | $76 |
| 2018-03-15 | Listed for sale | $160,000 | $76 |
| 2002-05-03 | Sold | $134,000 | $63 |
| 1999-08-06 | Sold | $111,900 | $53 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $0 | $148,600 |
| 2024 | $0 | $148,600 |
| 2023 | $0 | $148,600 |
| 2022 | $0 | $148,000 |
| 2021 | $0 | $148,000 |
| 2020 | $0 | $148,000 |
| 2018 | $0 | $131,000 |
| 2017 | $2,469.56 | $131,000 |
| 2016 | $0 | $131,000 |
| 2015 | $0 | $131,000 |
| 2014 | $0 | $131,000 |
| 2013 | $0 | $131,000 |
| 2012 | $0 | $131,000 |
| 2011 | $0 | $131,000 |
| 2010 | $0 | $131,000 |
| 2009 | $0 | $126,100 |
| 2007 | $0 | $126,100 |
| 2006 | $0 | $126,100 |
| 2005 | $0 | $106,000 |
| 2004 | $0 | $106,000 |
| 2003 | $0 | $106,000 |
| 2002 | $0 | $106,000 |
| 2001 | $0 | $106,000 |
| 2000 | $0 | $105,500 |
Similar Properties Nearby
Explore other investment opportunities in Rochester.