500 Rowley Road, Depew, NY 14043
- Added:
- Mar 25, 2026
- Days on Market:
- 85
- Last Refresh:
- Jun 17 at 4:06 am
Property Features for 500 Rowley Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bathroom 1, Bedroom 1, Basement, Bedroom 5, Bedroom 4, Bedroom 2, Bathroom 2
- Parking features
- Garage, Open
- Window features
- Skylight(s)
- Patio and Porch features
- Deck, Porch
- Interior features
- CeilingFans, Skylights
- Exterior features
- Deck, Pool
- Appliances
- GasWaterHeater
- Standard status
- Pending
- APN
- 143003-114-070-0011-013-110
- Size
- 1,937 SF
- Lot size
- 1.40 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6304
Utilities
- Heating system
- Natural Gas, Forced Air
- Water source
- Public
Building Details
- Year built
- 1939
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Hardwood, Tile, Carpet, Varies
- Building materials
- Brick, Stone, CopperPlumbing
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Erica Martone License #10401362440 (716) 800-7110
Listing office Keller Williams Realty WNY 5500 Main St. Ste. 108, Williamsville, NY (716) 832-3300
Listing date Mar 25, 2026
Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Spacious 5‑bedroom home with classic original woodwork and multiple living/bedroom options
- Fully equipped in‑law suite with kitchen (hardwood floors) plus a first‑floor bathroom and rear room for flexible use
- Bright office or sunroom with skylights
- Two furnaces, two hot water tanks, and two electric meters; space available for a second gas meter (currently set up on one)
- Saltwater pool professionally maintained by Five Star Pool for the past 10 years (liner ~8 years old; heater ~4 years old; pump may need replacement) sold as‑is
- Two‑car garage with extra‑long driveway; gas forced‑air heating and gas water heater; roof is shingle; copper plumbing
Overview
Located at 500 Rowley Road in Depew, NY, the property sits on 1.4 acres and includes a two-car garage and an extra-long driveway. Outside, a saltwater pool has been professionally maintained by Five Star Pool for the past 10 years. Mechanical and utility setups include two furnaces, two hot water tanks, and two electric meters, with space available for a second gas meter (currently set up on one). A gas line was newly replaced in 03/2026.
Designed for multi-generational living and investment flexibility, the arrangement of bedrooms, in-law accommodations, and separate utility equipment can support a variety of tenant or household configurations. The pool components are maintained, with the liner approximately 8 years old, the heater approximately 4 years old, and the pump may need replacement, sold as-is. Showings begin Saturday, March 28 at 9:00 AM.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $39.5k | $20.40 |
| − Vacancy | −$7.2k | −$3.69 |
| EGI | $32.4k | $16.71 |
| − OpEx | −$8.1k | −$4.18 |
| NOI | $24.3k | $12.53 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Depew
- County
- Erie
- State
- New York
- Longitude
- -78.715815
- Latitude
- 42.897001
