INVESTimate
$68,835
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1006 Hawthorne Rd PROPERTY INFO
FACTS
- Built In 2013
- Price/Sqft : $107.75
CONSTRUCTION
- Beds : 3
- Floor Size : 2,008 sqft
- Baths : 2 Full 1 Half
1006 Hawthorne Rd SCHOOLS
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Financial Details
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UTICA
Neighborhood : UTICA
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 13% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,441 per month.
MY RENT : $1,441 MEDIAN RENT : $1,154
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 $1,441 would therefore be considered affordable for annual household incomes greater than $57,640 (12 months x 3.333 x $1,441).
HOUSEHOLD INCOME RANGE
Approximately 4,602 of households in this neighborhood have a total annual income of $57,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,441 per month.
MINIMUM INCOME RANGE : $57,640
COMMUTE TIME DISTRIBUTION
47% of the working population has a commute time of 15 to 44 minutes, 47% has a commute time of 14 minutes or less and 6% has a commute time of 45 minutes or longer.
UTICA Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Arts & Entertainment | 9.8% |
| Educational Services | 11.5% |
| Financial Industries | 7.0% |
| Health Care & Social Assistance | 20.9% |
| Manufacturing | 9.2% |
| Retail & Wholesale Trader | 12.6% |
| Other | 29.1% |
AGE DISTRIBUTION
50% of the population is between the ages of 25 and 64, 33% is 24 or younger and 17% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 17.9% |
| 15-19 | 8.0% |
| 20-24 | 7.3% |
| 25-44 | 23.6% |
| 45-65 | 26.0% |
| 66+ | 17.1% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Construction | 5.6% |
| Healthcare | 11.5% |
| Management, Business, & Financial | 12.4% |
| Natural Resources Maintenance | 8.6% |
| Production & Transportation | 12.9% |
| Sales & Office | 25.0% |
| Other | 24.0% |
HIGHEST EDUCATION LEVEL
22% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 13.7% |
| High School | 30.8% |
| Masters Degree | 6.7% |
| Some College | 21.7% |
| Some High School | 12.8% |
| Other | 14.3% |
1006 Hawthorne Rd Comps
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1006 Hawthorne Rd, Utica, NY 13502 is a single family home of 2,008 sqft. HomeUnion INVESTimateĀ® for 1006 Hawthorne Rd includes a Price Estimate of $216,357 and a Rent Estimate of $1,441. This single family home has 3 bedrooms,3 bathrooms, and was built in 2013. This property has an estimated 15 year annualized Yield of 7.99% and Total Return of 12.21%. The estimated 1 year forecast in home value for 1006 Hawthorne Rd is 4.07%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NY , HERKIMER County , or the 13502 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
