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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

101 Carpenter Ave Sea Cliff, NY 11579

0 Beds 2 Baths 1,713 sqft Built 1928
Last updated:  Jan 23, 2020

INVESTimate

$967,958

$934K - $1.00M

Price Est.

$3,400

$3.1K - $3.7K

Rent Est.

$1,018,001  ( +5.17%)   1 YR EST. FORECAST
  
  
  

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101 Carpenter Ave PROPERTY INFO

FACTS
  • Built In 1928
  • Price/Sqft : $565.07
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,713 sqft
  • Baths : 2 Full

101 Carpenter Ave SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
ROBERT M FINLEY MIDDLE SCHOOL Middle Regular 667 54 NA
GLEN COVE HIGH SCHOOL High Regular 995 66 6

ROBERT M FINLEY MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 667
  • # of teachers: 54
-1
GreatSchools Rating

GLEN COVE HIGH SCHOOL

  • Education Level: High
  • # of students: 995
  • # of teachers: 66
6
GreatSchools Rating
 

Financial Details

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Neighborhood

Glen Cove

  • 27,139

    POPULATION
  • 9,481

    HOUSEHOLDS
  • 57.2%

    WHITE COLLAR

Neighborhood : Glen Cove

HOUSEHOLDS
9,481
POPULATION

27,139

48.7%Renters
51.3%Home Owners
LABOR FORCE

 

57.2%White Collar
42.8%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 $3,400 per month.

MY RENT : $3,400 MEDIAN RENT : $3,291

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 $3,400 would therefore be considered affordable for annual household incomes greater than $136,000 (12 months x 3.333 x $3,400).

Rent % Affordability
Above $500 86.9%
Above $700 79.7%
Above $1,100 67.7%
Above $1,500 56.3%
Above $1,900 45.8%
HOUSEHOLD INCOME RANGE

Approximately 1,433 of households in this neighborhood have a total annual income of $136,000 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $3,400 per month.

MINIMUM INCOME RANGE : $136,000

Income % Distribution
<$20K 13.1%
$20K-$35K 12.7%
$35K-$60K 17.9%
$60K-$100K 23.1%
>=$100K 33.1%
COMMUTE TIME DISTRIBUTION

45% of the working population has a commute time of 15 to 44 minutes, 35% 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 3.1%
5-9 mins 14.8%
10-14 mins 17.4%
15-19 mins 8.9%
20-29 mins 14.3%
30-44 mins 22.0%
45-59 mins 8.1%
>60 mins 11.5%
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 $3,400 per month.

MY RENT : $3,400 MEDIAN RENT : $3,291

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 $3,400 would therefore be considered affordable for annual household incomes greater than $136,000 (12 months x 3.333 x $3,400).

Rent % Affordability
Above $500 86.9%
Above $700 79.7%
Above $1,100 67.7%
Above $1,500 56.3%
Above $1,900 45.8%
HOUSEHOLD INCOME RANGE

Approximately 1,433 of households in this neighborhood have a total annual income of $136,000 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $3,400 per month.

MINIMUM INCOME RANGE : $136,000

Income % Distribution
<$20K 13.1%
$20K-$35K 12.7%
$35K-$60K 17.9%
$60K-$100K 23.1%
>=$100K 33.1%
COMMUTE TIME DISTRIBUTION

45% of the working population has a commute time of 15 to 44 minutes, 35% 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 3.1%
5-9 mins 14.8%
10-14 mins 17.4%
15-19 mins 8.9%
20-29 mins 14.3%
30-44 mins 22.0%
45-59 mins 8.1%
>60 mins 11.5%

Glen Cove Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 11.7%
Construction 8.0%
Educational Services 9.3%
Health Care & Social Assistance 16.9%
Manufacturing 5.9%
Retail & Wholesale Trader 14.9%
Other 33.4%
AGE DISTRIBUTION

52% of the population is between the ages of 25 and 64, 29% is 24 or younger and 18% is 65 or older.

Age % Distribution
<15 17.7%
15-19 4.9%
20-24 6.8%
25-44 28.4%
45-65 24.0%
66+ 18.2%
OCCUPATION

Occupation % Distribution
Education 8.5%
Healthcare 8.4%
Management, Business, & Financial 16.7%
Natural Resources Maintenance 11.3%
Production & Transportation 8.4%
Sales & Office 21.0%
Other 25.6%
HIGHEST EDUCATION LEVEL

21% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 6.0%
High School 26.6%
Masters Degree 10.4%
Some College 11.8%
Some High School 19.7%
Other 25.5%

101 Carpenter Ave Comps

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101 Carpenter Ave, Sea Cliff, NY 11579 is a single family home of 1,713 sqft. HomeUnion INVESTimateĀ® for 101 Carpenter Ave includes a Price Estimate of $967,958 and a Rent Estimate of $3,400. This single family home has 0 bedrooms,2 bathrooms, and was built in 1928. This property has an estimated 15 year annualized Yield of 4.22% and Total Return of 17.66%. The estimated 1 year forecast in home value for 101 Carpenter Ave is 5.17%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NY , NASSAU County , or the 11579 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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