5661 Lk Rd Auburn, NY 13021-9702
R-2 Single, Two- and Multifamily Residential District. A. Purpose and intent. The purpose of the Single, Two- and Multifamily District (R-2) is to promote owner-occupied residential buildings and to provide for areas within the City of Auburn that encourage lower-density residential property developments. B. Permitted uses. The following uses are permitted w…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R-2 · Auburn, NYR-2 Single, Two- and Multifamily Residential District. A. Purpose and intent. The purpose of the Single, Two- and Multifamily District (R-2) is to promote owner-occupied residential buildings and to provide for areas within the City of Auburn that encourage lower-density residential property developments. B. Permitted uses. The following uses are permitted within the R-2 District: (1) Bed-and-breakfast. (2) Day-care, family home. (3) Dwelling, multiple-family, three to four units. (4) Dwelling, single-family. (5) Dwelling, single-family semidetached. (6) Dwelling, townhouse. (7) Dwelling, two-family. (8) Place of worship. (9) Public/semipublic use. (10) Residential care facility. C. Accessory uses. The following uses are permitted accessory uses within the R-2 District: (1) Accessory dwelling unit. (2) Uses and structures accessory to a principal use as permitted and subject to the requirements of Article IV , § 305-25 , Accessory uses and structures. D. Special use permits. Certain uses require a special use permit from the Planning Board, subject to the requirements of Article VIII , § 305-104 , Special use permits. The following uses are allowed as special permit uses within the R-2 District: (1) Cemetery. (2) Apartment complex. (3) Home occupation. (4) Wireless telecommunications facility. E. Prohibited uses. Uses that are not expressly permitted in this section are prohibited. F.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.