21 days on rocket

Sale Pending

871 Lake Ave, Rochester, NY, 14613

$135,000

Home List Price

$1,603*

Closing Credit

4 Bedrooms
2 Full Baths
1,872 SqFt
$72/SqFt
Multi

Location

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871 Lake Ave, Rochester$135,000

Buyer Closing Credits

$1,603*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingNo Driveway
Year Built1910
HeatingNatural Gas, Forced Air
BasementYes
MLS #R1574851
Lot Size0.10 Acres
StatusSale Pending
(Pending)

About 871 Lake Ave

Another Rockin' Rochester Property! You are going to be thankful for this one! City of Rochester Rental Property Score of 100%! Current C of O expires 2026, no longer transferrable, seller will provide if the offer is right. Two long term tenants- one there five years, one there three years. Truly turnkey (not TURKEY). Both tenants are section 8 and have an excellent payment history. $31,200 gross income, with 20% maintenance and 5% vacancy, you are looking at a cap rate of over 17%! That's better than Aunt Betty's stuffing!

Property Details

Property Features

Property Information:

  • Architectural Style: Duplex
  • Year Built: 1910
  • Living Area: 1,872 SqFt

Listing Office:

  • Office Name: RE/MAX Realty Group
  • Office Phone: (585) 719-3500
  • Listing Agent: Colleen M. Bracci

Interior Features

Interior Information:

  • Appliances: Gas Water Heater
  • Basement: Yes
  • Flooring Type: Hardwood, Varies

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: No Driveway

Lot Features

Lot Information:

  • Lot: Near Public Transit, Rectangular Lot
  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: From rt 104 go south on Lake Avenue. The property is 2 houses north of the Driving Park and Lake Ave intersection on the west side of the street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $135,000
  • Price Per SqFt: $72/SqFt

Tax Information:

  • Annual Amount: $2,851
  • Tax Year: 2020
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Housing Market Comparison

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

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Rochester, NY

City

Med. Sold Price

$210K

Med. Price/SqFt

$143

Avg. Days On Market

15

# of Sold Homes

376

871 Lake Ave vs Rochester

21 DAYS ON ROCKET

+6 Days

$135,000

-$75K Less

$72/SqFt

-$71 Less

KEY TAKEAWAY

This property is $75K less than the Median Sold Price and $71/SqFt less than other homes in Rochester, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NYS
  • MLS Number: #R1574851

Listing Office:

  • Office Name: RE/MAX Realty Group
  • Office Phone: (585) 719-3500
  • Listing Agent: Colleen M. Bracci

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: 12/3/2024, 1:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 14, 2013Home Sold
$11,500
Mar 29, 2013Home Sold
$25,000
Jun 17, 2008Home Sold
$46,100

Tax History

YEARPROP. TAXASSESSMENT
2020$2,851$76,300
2019$906$60,000
2018 - $60,000
2017$830$60,000

History based on county public records data.

Payment Calculator

$741

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$471

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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-3504390
2
/10

  • Exploration Ele Charter School - Science-Technol

  • 1001 Lake Ave

  • 0.20 miles

  • Public Charter Grades KG-4

school-card-donut-3504391
2
/10

  • School 7-Virgil Grissom

  • 31 Bryan St

  • 0.37 miles

  • Public District Grades PK-6

school-card-donut-3504392
4
/10

  • School 34-Dr Louis a Cerulli

  • 530 Lexington Ave

  • 0.60 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,203. The majority of Rochester, NY residents have income less than $35k annually. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Monroe County›Rochester›14613›871 Lake Ave

This home is located at 871 Lake Ave in Rochester, NY and zip code 14613 in the Maplewood neighborhood. This 1,872 square foot home, which was built in 1910, sits on a 0.10 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $135,000.

In November 2024 more than 271 listings in Rochester, NY were sold above the asking price. During the same period more than 26 listings were sold at asking price, while more than 79 were sold below. The number of listings in Rochester, NY decreased by 24.5% between October 2024 and November 2024. In November 2024, listings were on the market for 15 days. During the same period, the median list price in this real estate market was $210,000.

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

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