Craftsman / Bungalow home in Lackawanna, NY
This Craftsman multifamily home in Lackawanna, NY offers 4 bedrooms and 2 bathrooms across 2,112 square feet. The Craftsman styling carries through the home's design.
| Price | $259,900 |
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| Beds | 4 |
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| Baths | 2 |
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| Sqft | 2112 |
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| Architectural style | Craftsman / Bungalow (36% match) |
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| Address | 62 Magnolia St, Lackawanna, NY 14218 |
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Why buy this home
- Confirmed Craftsman / Bungalow architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Trulia.
Is this a good buy?
Priced above comparable homes.
- At $260K, this home is 24% above the $210K median for 170 similar Craftsman / Bungalow homes in Buffalo, NY.
- That works out to $123 per square foot, 13% below the $141 comparable rate.
- On the market 13 days.
| This home | $259,900 |
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| Craftsman / Bungalow median in Buffalo, NY | $209,900 (170 homes) |
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| Price per sq ft | $123 vs. $141 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $1,893/month with 20% down at a 7.28% 30-year fixed rate. You would need about $81,111 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $1,423/mo |
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| Property tax (new-buyer reassessed rate) | $373/mo |
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| Homeowners insurance | $97/mo |
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| Total monthly | $1,893/mo |
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| Down payment (20%) | $51,980 |
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| Income needed | $81,111/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home B- (70 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | B- (70/100) |
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| Beats renting in | 23% of modeled paths |
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| Modeled 5-yr equity (median) | $148,534 |
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| Range (10th to 90th pct) | $92,923 to $212,750 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Buffalo, NY where local data is thin.
Local home values
Typical home values in Buffalo, NY have risen about 32% over the past 5 years (+4% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Trulia