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45 Summit Ave
Property Overview
Active Listing
1 / 11
11 listing photos · Tap Enlarge for full-size view
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Specs
4
Beds
4
Baths
Interior Living Space (Sq Ft)
2288 sq ft
Lot Size (Sq Ft)
6,969 sq ft
Year Built
1907
Price/Sq Ft (Living Area)
262$
Price/Sq Ft (Lot Size)
86$
Lifestyle
Walk Score
0
Transit Score
20
Neighborhood Vibe
A calculation based on nearby amenity density.
Taxes
%
FY 2023
Tax Year
Annual Tax
$1,518
Assessed Value
$292,000
Last Sale
2008
$245,000
Price History
Zestimate Range
$352k – $570k
+56.5%
since 2016
2016: $361kNow: $564k
Zillow Zestimate history · 121 data points
Safety & Hazards
A
Safety Rating
Based on Crime & Hazards
Crime Rate Index
Very Low
0/100
Flood Risk
Unknown
Zumintel Report
EVALUATED FOR: LONG-TERM RENTAL
45 Summit Ave, Buffalo, NY 14214
SINGLE_FAMILY•May 17, 2026•MLS #B1680946
30/100
Rental Score
Executive Summary
Verdict Locked
Based on current list price and market conditions.
Est. Price
$599,000
Square Feet
2,288
Year Built
1907
Configuration
4bd / 4ba
Market Context
- Pricing PositionThe list price of $599,000 is significantly higher than the median neighborhood price of $283,000 .
- Liquidity RiskDays on Market have increased from 22 to 44 days compared to last year, indicating slightly lower liquidity .
- NeighborhoodLocated in the Parkside neighborhood, known for historic homes, proximity to Delaware Park, and a quieter residential setting.
- Local MarketMedian Neighborhood Price: $283,000 (+8.8% YoY)Market Velocity: Stable • Inventory: Balanced • Avg DOM: 44 days
- Investment PotentialEstimated Rent: $2,600/moCap Rate: 3.39% • 5-Year Growth: +52.5%
Location & Commute
- Located in Parkside, a neighborhood known for its historic architecture and strong community.
- Close proximity to Delaware Park, offering green spaces and recreational activities.
- Transit Score of 20 indicates limited public transit options.
Payment Calculator
$
$
Assumptions & Methodology
- •STR Data: Nightly yields mapped from regional AVM adjusted comps using a conservative median occupancy baseline. Verified via AI context.
- •Cap Rate: Derived mathematically (Market Adjusted Gross Yield minus standard expense, maintenance, and vacancy ratios).
- •Standard Math: Standard principle and interest amortized over 30-year fixed rates. Taxes and insurance are estimations.
Estimated Monthly Payment
$4,176
Principal & Interest
$3,029Operating Expenses/mo
$1,148Long-Term Rental Impact
Estimated Payment$4,176
-Projected Rental Income-$2,600
Net Payment Out-of-Pocket$1,576/mo
The conventional US estimated payment calculation is for informational purposes only. Users are free to make their financial decisions based on their personal economic, ethical and religious belief systems.
Financial Performance
Based on 6.5% rate · 20% down · 30-yr fixedInvestment Analysis Locked
Detailed Cash Flow, Cap Rate, and ROI projections are available for Builder+ plans or by using Top-Up Credits.
Upgrade to Unlock Investment DataComparative Market Analysis
Validate the asking price against recent comparable sales in the area. Includes similarity scoring, price adjustments, and exclusion reasoning.
Strategic Assessment
Key Advantages
- •Exterior painted in 2025 and electric updated in 2025.
- •Tear off roof 2022.
- •Located in desirable Parkside neighborhood with strong architectural character.
Considerations
- •High list price compared to median neighborhood price .
- •Transit score of 20 indicates limited public transportation options.
- •Days on market increasing, suggesting slower sales .
Due Diligence
- •Verify zoning code to ensure compliance with intended use.
- •Confirm no open permits or active violations with the city.
10-Year Wealth Outlook
10-Year Wealth Outlook · Pro+
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Verdict Locked
Analyst Verdict
Based on current list price and market conditions.
STRONG BUY
Use-Case Alignment
living
High Match
Short-Term
Low Match
Living+STR
Medium Match
rental
Medium Match
House Hack
Medium Match
flip
Low Match
Disclaimer: This report is for informational purposes only and does not constitute financial or real estate advice. Zumintel is not liable for any inaccuracies or the condition of the property. Users should conduct their own due diligence.
Definitions & Methodology
Cap Rate (Capitalization Rate)Net Operating Income (NOI) divided by the property asset value. It indicates the potential rate of return on the real estate investment.
Investment ScoreA proprietary composite score (0-100):
- 80-100: Excellent (Strong Cashflow & Potential)
- 60-79: Good (Stable, Moderate Returns)
- 40-59: Fair (Value Add Required)
- <40: Risky (Negative Cashflow/High Risk)
Walk ScoreA measure of walkability based on the distance to nearby amenities. 90-100 is a "Walker's Paradise".
Transit ScoreEstimates how well a location is served by public transport. Calculated based on distance to nearest stops and frequency.
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