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70 Harriet Ave
Property Overview
Active Listing
1 / 11
11 listing photos · Tap Enlarge for full-size view
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Specs
6
Beds
2
Baths
Interior Living Space (Sq Ft)
1924 sq ft
Lot Size (Sq Ft)
3,990 sq ft
Year Built
1946
Price/Sq Ft (Living Area)
114$
Price/Sq Ft (Lot Size)
55$
Lifestyle
Walk Score
0
Transit Score
20
Neighborhood Vibe
A calculation based on nearby amenity density.
Taxes
%
FY 2024
Tax Year
Annual Tax
$1,351
Assessed Value
$65,000
Last Sale
2023
$150,000
Price History
Zestimate Range
$145k – $150k
+3.4%
since 2022
2022: $145kNow: $150k
Zillow Zestimate history · 2 data points
Safety & Hazards
A
Safety Rating
Based on Crime & Hazards
Crime Rate Index
Very Low
0/100
Flood Risk
Zone X
Erie County, where Buffalo is located, has been included in 2 federal flood-related disaster declarations, with the most recent being Hurricane Sandy in 2012. NOAA has recorded 151 flood events in Erie County since 1996, causing $23.1 million in damage. Buffalo experienced record rainfall and flood on June 22, 1987, when 5.01 inches of rain fell in a 24-hour period, leading to widespread flooding of highways, viaducts, small streams, backyards, and basements. The Scajaquada Creek in Buffalo exceeded its flood of record during this event. Downtown Buffalo has a minor risk of flooding over the next 30 years, with 16.2% of properties at risk of flooding this year.
Zumintel Report
EVALUATED FOR: LONG-TERM RENTAL
70 Harriet Ave, Buffalo, NY 14215
Multi-Family•June 24, 2026•MLS #B1688607
81/100
Rental Score
Executive Summary
Verdict Locked
The property is positioned as a multi-family rental investment with reasonable entry cost per square foot.
Est. Price
$219,900
Square Feet
1,924
Year Built
1946
Configuration
6bd / 2ba
Market Context
- Pricing PositionThe property's price per sq ft ($114.29) is below neighborhood median ($135).
- Liquidity RiskAverage liquidity with 34 days on market.
- NeighborhoodHigh inventory status and moderate appreciation at 2.1% YoY.
- Local MarketMedian Neighborhood Price: $179,000 (+2.1% YoY)Market Velocity: Decreasing • Inventory: High • Avg DOM: 34 days
- Investment PotentialEstimated Rent: $1,310/moCap Rate: 4.65% • 5-Year Growth: +11.0%
Location & Commute
- Proximity to transit remains limited with a transit score of 20.
- The location offers minimal walkability, necessitating reliance on private transport.
- The flood risk is minor with historic yet infrequent incidents.
Market Opportunity Synthesis
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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
$1,618
Principal & Interest
$1,112Operating Expenses/mo
$506Long-Term Rental Impact
Estimated Payment$1,618
-Projected Rental Income-$2,340
Net Payment Out-of-Pocket$0/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
- •Multi-family dwelling can support diverse tenancy.
- •Competitive price point relative to neighborhood.
Considerations
- •Limited public transport connectivity may restrict tenant pool.
- •High density of competing inventory in the neighborhood.
Due Diligence
- •Examine property's real flood risk despite low-susceptibility zone categorization.
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
Medium Match
Short-Term
Low Match
Living+STR
Medium Match
rental
High Match
House Hack
High Match
flip
Medium 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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