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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

1027 Alden Ave Warrensburg, NY 12885

2 Beds 1 Baths 883 sqft Built 1962
Last updated:  Jan 23, 2020

INVESTimate

$60,529

$56.2K - $64.8K

Price Est.

$1,082

957 - $1.2K

Rent Est.

$60,329  ( -0.33%)   1 YR EST. FORECAST
  
  
  

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1027 Alden Ave PROPERTY INFO

FACTS
  • Built In 1962
  • Price/Sqft : $68.55
CONSTRUCTION
  • Beds : 2
  • Floor Size : 883 sqft
  • Baths : 1 Full

1027 Alden Ave SCHOOLS

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Financial Details

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Neighborhood

WARRENSBURG

  • 4,282

    POPULATION
  • 1,768

    HOUSEHOLDS
  • 55.8%

    WHITE COLLAR

Neighborhood : WARRENSBURG

HOUSEHOLDS
1,768
POPULATION

4,282

27.0%Renters
73.0%Home Owners
LABOR FORCE

 

55.8%White Collar
44.2%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 88% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,082 per month.

MY RENT : $1,082 MEDIAN RENT : $1,450

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 1.7%
$1,000-1,499 60.2%
>=$1,500 38.1%
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 $1,082 would therefore be considered affordable for annual household incomes greater than $43,280 (12 months x 3.333 x $1,082).

Rent % Affordability
Above $500 79.6%
Above $700 68.5%
Above $1,100 56.4%
Above $1,500 44.5%
Above $1,900 31.0%
HOUSEHOLD INCOME RANGE

Approximately 874 of households in this neighborhood have a total annual income of $43,280 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,082 per month.

MINIMUM INCOME RANGE : $43,280

Income % Distribution
<$20K 20.4%
$20K-$35K 17.5%
$35K-$60K 17.5%
$60K-$100K 25.8%
>=$100K 18.7%
COMMUTE TIME DISTRIBUTION

54% of the working population has a commute time of 15 to 44 minutes, 33% has a commute time of 14 minutes or less and 13% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 8.3%
5-9 mins 13.8%
10-14 mins 10.7%
15-19 mins 10.9%
20-29 mins 26.8%
30-44 mins 16.7%
45-59 mins 5.9%
>60 mins 6.8%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 88% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,082 per month.

MY RENT : $1,082 MEDIAN RENT : $1,450

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 1.7%
$1,000-1,499 60.2%
>=$1,500 38.1%
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 $1,082 would therefore be considered affordable for annual household incomes greater than $43,280 (12 months x 3.333 x $1,082).

Rent % Affordability
Above $500 79.6%
Above $700 68.5%
Above $1,100 56.4%
Above $1,500 44.5%
Above $1,900 31.0%
HOUSEHOLD INCOME RANGE

Approximately 874 of households in this neighborhood have a total annual income of $43,280 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,082 per month.

MINIMUM INCOME RANGE : $43,280

Income % Distribution
<$20K 20.4%
$20K-$35K 17.5%
$35K-$60K 17.5%
$60K-$100K 25.8%
>=$100K 18.7%
COMMUTE TIME DISTRIBUTION

54% of the working population has a commute time of 15 to 44 minutes, 33% has a commute time of 14 minutes or less and 13% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 8.3%
5-9 mins 13.8%
10-14 mins 10.7%
15-19 mins 10.9%
20-29 mins 26.8%
30-44 mins 16.7%
45-59 mins 5.9%
>60 mins 6.8%

WARRENSBURG Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 14.3%
Construction 11.7%
Health Care & Social Assistance 10.8%
Manufacturing 9.1%
Retail & Wholesale Trader 15.9%
Transportation 8.2%
Other 30.0%
AGE DISTRIBUTION

55% of the population is between the ages of 25 and 64, 26% is 24 or younger and 20% is 65 or older.

Age % Distribution
<15 16.5%
15-19 6.1%
20-24 3.2%
25-44 23.0%
45-65 31.6%
66+ 19.5%
OCCUPATION

Occupation % Distribution
Computer Engineering 5.6%
Healthcare 5.9%
Management, Business, & Financial 11.8%
Natural Resources Maintenance 11.0%
Production & Transportation 19.8%
Sales & Office 22.7%
Other 23.4%
HIGHEST EDUCATION LEVEL

16% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 7.5%
High School 39.2%
Masters Degree 7.1%
Some College 21.5%
Some High School 12.7%
Other 12.0%

1027 Alden Ave Comps

Sorry, we do not have sufficient data available.

1027 Alden Ave, Warrensburg, NY 12885 is a single family home of 883 sqft. HomeUnion INVESTimateĀ® for 1027 Alden Ave includes a Price Estimate of $60,529 and a Rent Estimate of $1,082. This single family home has 2 bedrooms,1 bathrooms, and was built in 1962. This property has an estimated 15 year annualized Yield of 21.45% and Total Return of 25.41%. The estimated 1 year forecast in home value for 1027 Alden Ave is -0.33%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NY , WARREN County , or the 12885 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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