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60 Longnecker St
Property Overview
Active Listing
1 / 11
11 listing photos · Tap Enlarge for full-size view
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Specs
4
Beds
2
Baths
Interior Living Space (Sq Ft)
1128 sq ft
Lot Size (Sq Ft)
3,484 sq ft
Year Built
1920
Price/Sq Ft (Living Area)
129$
Price/Sq Ft (Lot Size)
42$
Lifestyle
Walk Score
0
Transit Score
20
Neighborhood Vibe
A calculation based on nearby amenity density.
Taxes
%
FY 2023
Tax Year
Annual Tax
$239
Assessed Value
$46,000
Last Sale
2025
$125,000
Price History
Zestimate Range
$41k – $131k
+212.6%
since 2016
2016: $41kNow: $127k
Zillow Zestimate history · 118 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
60 Longnecker St, Buffalo, NY 14206
Multi Family•May 23, 2026•MLS #B1683833
86/100
Rental Score
Executive Summary
Verdict Locked
Based on current list price and market conditions.
Est. Price
$145,000
Square Feet
1,128
Year Built
1920
Configuration
4bd / 2ba
Market Context
- Pricing PositionThe median listing price in 14206 is $149,800. The subject property is listed for $145,000, slightly below the median.
- Liquidity RiskHomes in 14206 sell after 47 days on the market, compared to 22 days last year. This indicates slightly lower liquidity compared to the previous year.
- NeighborhoodThe Lovejoy neighborhood is known for its affordability and strong community identity. It features classic Buffalo architecture and a mix of owners and renters.
- Local MarketMedian Neighborhood Price: $145,000 (-1.8% YoY)Market Velocity: - • Inventory: Balanced • Avg DOM: 47 days
- Investment PotentialEstimated Rent: $1,030/moCap Rate: 5.54% • 5-Year Growth: -8.7%
Location & Commute
- The property is located in the Lovejoy neighborhood on Buffalo's East Side.
- The area is known as 'Iron Island' due to being encircled by rail lines.
- Close proximity to E Lovejoy Street with numerous amenities.
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
$1,023
Principal & Interest
$733Operating Expenses/mo
$289Long-Term Rental Impact
Estimated Payment$1,023
-Projected Rental Income-$1,780
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
- •Newly updated bathrooms and fresh paint throughout both units.
- •Fully fenced yard with one-car garage and attached covered patio.
- •Each unit has 2 bedrooms and 1 full bath, with formal dining and living rooms.
- •Property has two separate electric and gas meters.
Considerations
- •Year-over-year sale price is down 1.8%.
- •Homes selling faster last year (22 days vs. 47 days).
- •Property taxes are $1099 annually.
Due Diligence
- •Verify current occupancy status and lease terms for both units.
- •Confirm no outstanding violations with the Department of Permit and Inspection Services.
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
High Match
rental
High Match
House Hack
High 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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