Sell Your Property on INVESTimate

Easily ACcess a network of motivated buyers
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

...MORE

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 Tanners Neck Ln Westhampton, NY 11977

4 Beds 5 Baths 4,496 sqft Built 2014
Last updated:  Nov 28, 2019

INVESTimate

$3,788,414

$3.35M - $4.23M

Price Est.

$42,098

$33.6K - $50.6K

Rent Est.

$3,892,217  ( +2.74%)   1 YR EST. FORECAST
  
  
  

The following properties with Estimated Highest Gross Yields are available in other markets.

  • 27440 N ALMA SCHOOL Parkway #33-2 Scottsdale, AZ
    • 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005
    AVAILABLE
    • 15.68% GROSS YIELD
    • $13,349 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $225,000
    • $65,375
    • $2,940
  • 1808 ASHBOROUGH WAY SE Marietta, GA
    • 2 beds 2 baths ∙ 1,252 Sqft ∙ Built 1973 ∙ 1units 2 beds 2 baths ∙ 1,252 Sqft ∙ Built 1973 ∙ 1units
    AVAILABLE fmls
    • 15.60% GROSS YIELD
    • $5,557 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $100,000
    • $32,250
    • $1,300
  • 1206 WALES DRIVE Killeen, TX
    • 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units
    AVAILABLE
    • 15.00% GROSS YIELD
    • $10,563 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $160,000
    • $53,900
    • $2,000
  • 1339 HOLBECH LANE Channelview, TX
    • 3 beds 2 baths ∙ 1,538 Sqft ∙ Built 1980 ∙ 1units 3 beds 2 baths ∙ 1,538 Sqft ∙ Built 1980 ∙ 1units
    AVAILABLE
    • 14.73% GROSS YIELD
    • $7,387 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $110,000
    • $34,900
    • $1,350

10 Tanners Neck Ln PROPERTY INFO

FACTS
  • Built In 2014
  • Price/Sqft : $842.62
CONSTRUCTION
  • Beds : 4
  • Floor Size : 4,496 sqft
  • Baths : 4 Full 1 Half

10 Tanners Neck Ln SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
WESTHAMPTON BEACH ELEMENTARY SCHOOL Primary Regular 410 42 9
WESTHAMPTON MIDDLE SCHOOL Middle Regular 416 40 8
WESTHAMPTON BEACH SENIOR HIGH SCHOOL High Regular 1,006 74 7

WESTHAMPTON BEACH ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 410
  • # of teachers: 42
9
GreatSchools Rating

WESTHAMPTON MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 416
  • # of teachers: 40
8
GreatSchools Rating

WESTHAMPTON BEACH SENIOR HIGH SCHOOL

  • Education Level: High
  • # of students: 1,006
  • # of teachers: 74
7
GreatSchools Rating
 

Financial Details

See Financial Details

To review the detailed projections for this property, sign up for a FREE account

Already have an account?
Neighborhood

Westhampton

  • 2,917

    POPULATION
  • 1,033

    HOUSEHOLDS
  • 66.0%

    WHITE COLLAR

Neighborhood : Westhampton

HOUSEHOLDS
1,033
POPULATION

2,917

21.6%Renters
78.4%Home Owners
LABOR FORCE

 

66.0%White Collar
34.0%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 $42,098 per month.

MY RENT : $42,098 MEDIAN RENT : $20,138

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 $42,098 would therefore be considered affordable for annual household incomes greater than $1,683,920 (12 months x 3.333 x $42,098).

Rent % Affordability
Above $500 95.1%
Above $700 89.4%
Above $1,100 76.4%
Above $1,500 65.7%
Above $1,900 60.3%
HOUSEHOLD INCOME RANGE

Approximately -2,638 of households in this neighborhood have a total annual income of $1,683,920 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $42,098 per month.

MINIMUM INCOME RANGE : $1,683,920

Income % Distribution
<$20K 4.9%
$20K-$35K 11.4%
$35K-$60K 17.9%
$60K-$100K 21.0%
>=$100K 44.6%
COMMUTE TIME DISTRIBUTION

53% of the working population has a commute time of 15 to 44 minutes, 36% has a commute time of 14 minutes or less and 11% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 6.9%
5-9 mins 20.0%
10-14 mins 9.2%
15-19 mins 15.8%
20-29 mins 19.7%
30-44 mins 17.4%
45-59 mins 3.9%
>60 mins 7.2%
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 $42,098 per month.

MY RENT : $42,098 MEDIAN RENT : $20,138

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 $42,098 would therefore be considered affordable for annual household incomes greater than $1,683,920 (12 months x 3.333 x $42,098).

Rent % Affordability
Above $500 95.1%
Above $700 89.4%
Above $1,100 76.4%
Above $1,500 65.7%
Above $1,900 60.3%
HOUSEHOLD INCOME RANGE

Approximately -2,638 of households in this neighborhood have a total annual income of $1,683,920 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $42,098 per month.

MINIMUM INCOME RANGE : $1,683,920

Income % Distribution
<$20K 4.9%
$20K-$35K 11.4%
$35K-$60K 17.9%
$60K-$100K 21.0%
>=$100K 44.6%
COMMUTE TIME DISTRIBUTION

53% of the working population has a commute time of 15 to 44 minutes, 36% has a commute time of 14 minutes or less and 11% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 6.9%
5-9 mins 20.0%
10-14 mins 9.2%
15-19 mins 15.8%
20-29 mins 19.7%
30-44 mins 17.4%
45-59 mins 3.9%
>60 mins 7.2%

Westhampton Demographics

INDUSTRY

Industry % Distribution
Construction 14.0%
Educational Services 11.7%
Financial Industries 8.2%
Health Care & Social Assistance 11.8%
Professional & Scientific Tech Services 9.3%
Retail & Wholesale Trader 11.4%
Other 33.6%
AGE DISTRIBUTION

46% of the population is between the ages of 25 and 64, 27% is 24 or younger and 26% is 65 or older.

Age % Distribution
<15 16.0%
15-19 4.5%
20-24 6.7%
25-44 17.1%
45-65 29.2%
66+ 26.5%
OCCUPATION

Occupation % Distribution
Construction 6.7%
Healthcare 5.7%
Management, Business, & Financial 21.3%
Natural Resources Maintenance 13.7%
Production & Transportation 4.2%
Sales & Office 27.5%
Other 21.0%
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 9.9%
High School 25.9%
Masters Degree 17.6%
Some College 14.0%
Some High School 4.3%
Other 28.3%

10 Tanners Neck Ln Comps

Sorry, we do not have sufficient data available.

10 Tanners Neck Ln, Westhampton, NY 11977 is a single family home of 4,496 sqft. HomeUnion INVESTimateĀ® for 10 Tanners Neck Ln includes a Price Estimate of $3,788,414 and a Rent Estimate of $42,098. This single family home has 4 bedrooms,5 bathrooms, and was built in 2014. This property has an estimated 15 year annualized Yield of 13.33% and Total Return of 41.76%. The estimated 1 year forecast in home value for 10 Tanners Neck Ln is 2.74%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NY , SUFFOLK County , or the 11977 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Similar Investment Properties By Bed/Bath within 2 miles

No Properties available