5 months on rocket

614-616 Lafayette St Unit 614, Jamestown, NY, 14701

$625,000

Home List Price

$7,422*

Closing Credit

11 Bedrooms
0 Baths
2,730 SqFt
$229/SqFt
House

Location

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614-616 Lafayette St Unit 614, Jamestown$625,000

Buyer Closing Credits

$7,422*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingTwo Spaces, Garage
Garage1 space
Year Built1910
HeatingNatural Gas, Baseboard, Forced Air
BasementYes
MLS #R1540323
Lot Size0.09 Acres
StatusActive

About 614-616 Lafayette St Unit 614

This is a great investment opportunity, all within Jamestown NY. 11 residential units across 5 properties (614-616 Lafayette St, 49 Liberty St, 1128 N Main St, 110 Charles St, 11 Delaware Ave). The Seller did tons of renovations on the portfolio that is estimated to be near $300,000. ALL units are occupied ensuring a good cap rate and immediate income. Tenants pay utilities. Taxes are all properties combined.

Property Details

Property Features

Property Information:

  • Year Built: 1910
  • Stories: 2
  • Living Area: 2,730 SqFt

Listing Office:

  • Office Name: ERA Team VP Real Estate
  • Office Phone: (716) 640-0104
  • Listing Agent: Michael McVinney

Interior Features

Interior Information:

  • Appliances: Gas Water Heater, Other
  • Basement: Yes
  • Flooring Type: Carpet, Hardwood, Luxury Vinyl, Varies, Vinyl

Bedroom and Bathroom Information:

  • Total Bedroom Count: 11

Exterior Features

Exterior Information:

  • Exterior: Concrete Driveway, Gravel Driveway

Parking Information:

  • Garage Space: 1 space
  • Parking: Two Spaces, Garage

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Baseboard, Forced Air

Other

Directions Information:

  • Directions: Turn off of W 7th St onto Lafayette St, 3rd house on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $625,000
  • Price Per SqFt: $229/SqFt
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Housing Market Comparison

See how this home compares to others in Jamestown, NY.

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Jamestown, NY

City

Med. Sold Price

$99.9K

Med. Price/SqFt

$62

Avg. Days On Market

40

# of Sold Homes

33

614-616 Lafayette St Unit 614 vs Jamestown

150 DAYS ON ROCKET

+110 Days

$625,000

+$525K More

$229/SqFt

+$166 More

KEY TAKEAWAY

This property is $525K more than the Median Sold Price and $166/SqFt more than other homes in Jamestown, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NYS
  • MLS Number: #R1540323

Listing Office:

  • Office Name: ERA Team VP Real Estate
  • Office Phone: (716) 640-0104
  • Listing Agent: Michael McVinney

IDXThe data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally
harmless.

© 2024 CNYIS, UNYREIS, WNYREIS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 11/22/2024, 4:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,187

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,940

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-515301
4
/10

  • Samuel G Love Elementary School

  • 50 E 8th St

  • 0.44 miles

  • Public District Grades PK-4

school-card-donut-515302
4
/10

  • Abraham Lincoln Elementary School

  • 301 Front St

  • 0.47 miles

  • Public District Grades PK-4

school-card-donut-515303
2
/10

  • Milton J Fletcher Elementary School

  • 301 Cole Ave

  • 1.04 miles

  • Public District Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $14,038. Typical income of Jamestown, NY residents is less than $35k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Living In Jamestown, NY

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Jamestown, NY?

The housing landscape in Jamestown offers a diverse array of options, with single-family homes being a significant component of the market. Architectural styles vary, with a mix of historic homes that reflect the city's rich past and more contemporary designs for modern living. The market is complemented by a selection of apartments and townhouses, accommodating a range of preferences and needs. The homeownership rate in Jamestown is indicative of a community that values long-term residency and investment in the area.

Is Jamestown, NY a good place to live?

Jamestown is celebrated for its vibrant history and the legacy of Lucille Ball, with the annual Lucille Ball Comedy Festival drawing visitors and locals alike. The community prides itself on a strong sense of local identity, with numerous parks and cultural venues that contribute to the city's unique character. Residents enjoy a variety of year-round activities that foster a close-knit community atmosphere.

Are things conveniently located in Jamestown, NY?

The community benefits from a solid educational system, with several public schools serving different age groups and a number of private institutions that offer alternative educational opportunities. Healthcare services in Jamestown include a central hospital equipped with various specialized departments to cater to the community's needs. The city also features a public library system that serves as a resource and gathering place for residents. Retail and dining options in Jamestown reflect the local culture, with a mix of independent shops and eateries that showcase the area's culinary diversity.

What does the transportation in Jamestown, NY look like?

Transportation options in Jamestown feature a network of roads that connect residents to nearby cities and attractions, with public transit available to facilitate local travel. The community's walkability varies by area, with certain neighborhoods offering more pedestrian-friendly environments than others. Bike paths and lanes are also present, encouraging alternative modes of transportation. While ride-sharing services are present, they complement the existing transportation infrastructure, providing additional mobility solutions for residents and visitors.

Frequently Asked Questions About 614-616 Lafayette St Unit 614

What is the listing price of this property?

The listing price of 614-616 Lafayette St Unit 614 property is $625,000.

What type of property is this?

The property 614-616 Lafayette St Unit 614 is a house located in Jamestown, New York, 14701.

Is this property for sale now?

Active Listing: 614-616 Lafayette St Unit 614 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 614-616 Lafayette St Unit 614 has 11 bedrooms.

What is the square footage of this property?

The property 614-616 Lafayette St Unit 614 is 2,730 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 614-616 Lafayette St Unit 614 is 1910.

Rocket Homes›New York›Chautauqua County›Jamestown›14701›614-616 Lafayette St Unit 614

This home is located at 614-616 Lafayette St Unit 614 in Jamestown, NY and zip code 14701. This 2,730 square foot home, which was built in 1910, sits on a 0.09 acre lot. Features: 11 bedrooms. It has been listed on Rocket Homes since June 24, 2024 and is currently priced at $625,000.

In October 2024, from all listings sold in Jamestown, NY there were more than 12 sold above asking price, over 18 sold below and more than 3 were sold right at the asked price. In October 2024 in Jamestown, NY there were 6.2% less homes for sale than in September 2024. The median list price of listings available in October 2024 was $99,933, while the average time on the real estate market was 40 days.

From Rocket Homes Real Estate and based on county public records data.

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