For SaleGood Deal1 days on market
87 Federal Ave
87 Federal Ave, Cheektowaga, NY 14225, Cheektowaga, NY 14225
$164,900
Estimate®:$219,900$55,000 Under Market
Listing Price
87 Federal Ave, Cheektowaga, NY 14225
Loc: Cheektowaga, NY
Days Listed
1
Tax Assessed
$179k
Estimate®
$220k
25% Under Valued
Lot Size
5,227 sqft
Rent Estimate
$1,940/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
Maryvale Intermediate School
3-5
0.6 mi away
6
Maryvale Middle School
6-8
0.6 mi away
5
Maryvale High School
9-12
0.6 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
cottage stylebungalowblue sidingstone accentsattached garagecovered front porchgabled roofcozyresidentialasphalt shingle roofsuburbansingle-storyfront lawn
Haven AI Verdict
Recommendation
Good
Confidence Score: 7/10
Strong rental demand expected in this area (98% occupancy rate).
Turnkey property requiring minimal initial CapEx.
Cap Rate
7.65%
Total ROI
125.2%
Cash Flow
$196/mo
DSCR
1.23
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $196/mo net cash flow with a 7.7% cap rate. Underwriting indicates good fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (7.7%)
- • Strong rental demand in Cheektowaga
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 |
|---|---|---|---|
| 2026-09-24 | Listed for sale | $164,900 | $176 |
| 2025-02-26 | Listing removed | $1,575 | $2 |
| 2025-02-24 | Listed for rent | $1,575 | $2 |
| 2024-08-27 | Listing removed | $0 | – |
| 2024-08-20 | Price change | $169,900 | $181 |
| 2024-08-15 | Listed for sale | $189,900 | $202 |
| 2021-05-24 | Sold | $90,000 | $96 |
| 2021-02-01 | Sold | $84,000 | $89 |
| 2020-11-12 | Pending sale | $85,000 | $91 |
| 2020-11-01 | Price change | $85,000 | $91 |
| 2020-10-23 | Listed for sale | $89,900 | $96 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $0 | $179,000 |
| 2024 | $0 | $179,000 |
| 2023 | $0 | $179,000 |
| 2022 | $0 | $179,000 |
| 2021 | $0 | $152,000 |
| 2020 | $0 | $86,000 |
| 2019 | $0 | $86,000 |
| 2018 | $0 | $86,000 |
| 2017 | $3,362.31 | $86,000 |
| 2016 | $1,800.03 | $86,000 |
| 2015 | $0 | $74,500 |
| 2014 | $0 | $74,500 |
| 2013 | $0 | $46,200 |
| 2012 | $0 | $46,200 |
| 2011 | $0 | $46,200 |
| 2010 | $0 | $46,200 |
| 2009 | $0 | $46,200 |
| 2008 | $0 | $46,200 |
| 2007 | $0 | $46,200 |
| 2006 | $0 | $46,200 |
| 2005 | $0 | $46,200 |
| 2004 | $0 | $34,600 |
| 2003 | $0 | $34,600 |
| 2002 | $0 | $34,600 |
| 2001 | $0 | $34,600 |
| 2000 | $0 | $34,600 |
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