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This page contains aggregated information about each property, and is not intended to serve as an appraisal. Projections for accumulated wealth, cash flow and equity are based on predictive models used to analyze big data on more than 110 million homes. Learn more about INVESTimate

10 Ricki-beth Ln Old Greenwich, CT 06870

5 Beds 5 Baths 3,960 sqft Built 1981
Last updated:  Nov 28, 2019

INVESTimate

$2,027,327

$1.81M - $2.24M

Price Est.

$8,282

$7.7K - $8.9K

Rent Est.

$2,010,095  ( -0.85%)   1 YR EST. FORECAST
  
  
  

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10 Ricki-beth Ln PROPERTY INFO

FACTS
  • Built In 1981
  • Price/Sqft : $511.95
CONSTRUCTION
  • Beds : 5
  • Floor Size : 3,960 sqft
  • Baths : 4 Full 1 Half

10 Ricki-beth Ln SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
NORTH MIANUS SCHOOL Primary Regular 461 39 9
EASTERN MIDDLE SCHOOL Middle Regular 774 62 10
GREENWICH HIGH SCHOOL High Regular 2,656 212 8

NORTH MIANUS SCHOOL

  • Education Level: Primary
  • # of students: 461
  • # of teachers: 39
9
GreatSchools Rating

EASTERN MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 774
  • # of teachers: 62
10
GreatSchools Rating

GREENWICH HIGH SCHOOL

  • Education Level: High
  • # of students: 2,656
  • # of teachers: 212
8
GreatSchools Rating
 

Financial Details

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Neighborhood

Hillcrest Park

  • 534

    POPULATION
  • 201

    HOUSEHOLDS
  • 82.3%

    WHITE COLLAR

Neighborhood : Hillcrest Park

HOUSEHOLDS
201
POPULATION

534

7.9%Renters
92.1%Home Owners
LABOR FORCE

 

82.3%White Collar
17.7%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 100% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $8,282 per month.

MY RENT : $8,282 MEDIAN RENT : $6,923

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.0%
>=$1,500 100.0%
Household Rent Affordability

According to U.S. Department of Housing and Urban Development, families that use more than 30% of their income to pay for housing are considered cost burdened. A target rent of $8,282 would therefore be considered affordable for annual household incomes greater than $331,280 (12 months x 3.333 x $8,282).

Rent % Affordability
Above $500 98.0%
Above $700 95.6%
Above $1,100 89.9%
Above $1,500 81.6%
Above $1,900 72.1%
HOUSEHOLD INCOME RANGE

Approximately -39 of households in this neighborhood have a total annual income of $331,280 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $8,282 per month.

MINIMUM INCOME RANGE : $331,280

Income % Distribution
<$20K 2.0%
$20K-$35K 5.0%
$35K-$60K 11.4%
$60K-$100K 22.4%
>=$100K 59.2%
COMMUTE TIME DISTRIBUTION

63% of the working population has a commute time of 15 to 44 minutes, 18% has a commute time of 14 minutes or less and 20% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.4%
5-9 mins 0.0%
10-14 mins 16.4%
15-19 mins 29.1%
20-29 mins 20.0%
30-44 mins 13.6%
45-59 mins 3.6%
>60 mins 15.9%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 100% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $8,282 per month.

MY RENT : $8,282 MEDIAN RENT : $6,923

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.0%
>=$1,500 100.0%
Household Rent Affordability

According to U.S. Department of Housing and Urban Development, families that use more than 30% of their income to pay for housing are considered cost burdened. A target rent of $8,282 would therefore be considered affordable for annual household incomes greater than $331,280 (12 months x 3.333 x $8,282).

Rent % Affordability
Above $500 98.0%
Above $700 95.6%
Above $1,100 89.9%
Above $1,500 81.6%
Above $1,900 72.1%
HOUSEHOLD INCOME RANGE

Approximately -39 of households in this neighborhood have a total annual income of $331,280 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $8,282 per month.

MINIMUM INCOME RANGE : $331,280

Income % Distribution
<$20K 2.0%
$20K-$35K 5.0%
$35K-$60K 11.4%
$60K-$100K 22.4%
>=$100K 59.2%
COMMUTE TIME DISTRIBUTION

63% of the working population has a commute time of 15 to 44 minutes, 18% has a commute time of 14 minutes or less and 20% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.4%
5-9 mins 0.0%
10-14 mins 16.4%
15-19 mins 29.1%
20-29 mins 20.0%
30-44 mins 13.6%
45-59 mins 3.6%
>60 mins 15.9%

Hillcrest Park Demographics

INDUSTRY

Industry % Distribution
Administrative Support 10.3%
Arts & Entertainment 8.8%
Construction 11.1%
Financial Industries 13.7%
Professional & Scientific Tech Services 12.6%
Retail & Wholesale Trader 12.6%
Other 30.9%
AGE DISTRIBUTION

51% of the population is between the ages of 25 and 64, 28% is 24 or younger and 21% is 65 or older.

Age % Distribution
<15 21.2%
15-19 2.6%
20-24 4.1%
25-44 20.8%
45-65 30.5%
66+ 20.8%
OCCUPATION

Occupation % Distribution
Clean 4.8%
Computer Engineering 11.8%
Legal 5.4%
Management, Business, & Financial 32.8%
Sales & Office 23.7%
Social 4.3%
Other 17.2%
HIGHEST EDUCATION LEVEL

30% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 6.7%
High School 16.8%
Masters Degree 16.1%
Professional 4.2%
Some College 18.3%
Other 37.9%

10 Ricki-beth Ln Comps

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10 Ricki-beth Ln, Old Greenwich, CT 06870 is a single family home of 3,960 sqft. HomeUnion INVESTimateĀ® for 10 Ricki-beth Ln includes a Price Estimate of $2,027,327 and a Rent Estimate of $8,282. This single family home has 5 bedrooms,5 bathrooms, and was built in 1981. This property has an estimated 15 year annualized Yield of 4.90% and Total Return of 5.44%. The estimated 1 year forecast in home value for 10 Ricki-beth Ln is -0.85%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in CT , FAIRFIELD County , or the 06870 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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