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This page contains information about each property aggregated from public data sources, 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.

11242 Cosby Manor Rd Utica, NY 13502

4 Beds 2 Baths 2,088 sqft Built 1987
Last updated:  Nov 28, 2019

INVESTimate

$185,912

$166K - $205K

Price Est.

$1,361

$1.1K - $1.6K

Rent Est.

$193,479  ( +4.07%)   1 YR EST. FORECAST

11242 Cosby Manor Rd PROPERTY INFO

FACTS
  • Built In 1987
  • Price/Sqft : $89.04
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,088 sqft
  • Baths : 1 Full 1 Half
PROPERTY DESCRIPTION
11242 Cosby Manor Rd, Utica, NY 13502 is a single family home of 2,088 sqft. HomeUnion estimate for 11242 Cosby Manor Rd includes a Price Estimate of $185,912 and a Rent Estimate of $1,361. This single family home has 4 bedrooms, 2 bathrooms, and was built in 1987. This property has an estimated 15 year annualized Yield of 8.78% and Total Return of 12.03%. The estimated 1 year forecast in home value for 11242 Cosby Manor Rd is 4.07%.
  
  
  

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11242 Cosby Manor Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
WHITESBORO HIGH SCHOOL High Regular 1,140 71 7

WHITESBORO HIGH SCHOOL

  • Education Level: High
  • # of students: 1,140
  • # of teachers: 71
7
GreatSchools Rating
 

Financial Details

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Neighborhood

UTICA

  • 32,335

    POPULATION
  • 12,837

    HOUSEHOLDS
  • 57.0%

    WHITE COLLAR

Neighborhood : UTICA

HOUSEHOLDS
12,837
POPULATION

32,335

39.3%Renters
60.7%Home Owners
LABOR FORCE

 

57.0%White Collar
43.0%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 32% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,361 per month.

MY RENT : $1,361 MEDIAN RENT : $1,239

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 4.1%
$900-999 4.6%
$1,000-1,499 82.7%
>=$1,500 8.7%
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 $1,361 would therefore be considered affordable for annual household incomes greater than $54,440 (12 months x 3.333 x $1,361).

Rent % Affordability
Above $500 75.0%
Above $700 64.0%
Above $1,100 46.5%
Above $1,500 32.6%
Above $1,900 22.2%
HOUSEHOLD INCOME RANGE

Approximately 4,441 of households in this neighborhood have a total annual income of $54,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,361 per month.

MINIMUM INCOME RANGE : $54,440

Income % Distribution
<$20K 25.0%
$20K-$35K 20.5%
$35K-$60K 22.0%
$60K-$100K 20.5%
>=$100K 12.1%
COMMUTE TIME DISTRIBUTION

46% of the working population has a commute time of 15 to 44 minutes, 48% has a commute time of 14 minutes or less and 6% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 5.5%
5-9 mins 18.5%
10-14 mins 24.4%
15-19 mins 18.8%
20-29 mins 19.9%
30-44 mins 7.3%
45-59 mins 3.1%
>60 mins 2.6%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 32% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,361 per month.

MY RENT : $1,361 MEDIAN RENT : $1,239

Rent % Distribution
$500-699 0.0%
$700-899 4.1%
$900-999 4.6%
$1,000-1,499 82.7%
>=$1,500 8.7%
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 $1,361 would therefore be considered affordable for annual household incomes greater than $54,440 (12 months x 3.333 x $1,361).

Rent % Affordability
Above $500 75.0%
Above $700 64.0%
Above $1,100 46.5%
Above $1,500 32.6%
Above $1,900 22.2%
HOUSEHOLD INCOME RANGE

Approximately 4,441 of households in this neighborhood have a total annual income of $54,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,361 per month.

MINIMUM INCOME RANGE : $54,440

Income % Distribution
<$20K 25.0%
$20K-$35K 20.5%
$35K-$60K 22.0%
$60K-$100K 20.5%
>=$100K 12.1%
COMMUTE TIME DISTRIBUTION

46% of the working population has a commute time of 15 to 44 minutes, 48% has a commute time of 14 minutes or less and 6% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 5.5%
5-9 mins 18.5%
10-14 mins 24.4%
15-19 mins 18.8%
20-29 mins 19.9%
30-44 mins 7.3%
45-59 mins 3.1%
>60 mins 2.6%

UTICA Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 9.1%
Educational Services 12.8%
Health Care & Social Assistance 21.3%
Manufacturing 7.4%
Public Administration 6.4%
Retail & Wholesale Trader 12.2%
Other 30.9%
AGE DISTRIBUTION

50% of the population is between the ages of 25 and 64, 34% is 24 or younger and 16% is 65 or older.

Age % Distribution
<15 18.3%
15-19 7.8%
20-24 7.5%
25-44 23.6%
45-65 26.3%
66+ 16.4%
OCCUPATION

Occupation % Distribution
Construction 6.9%
Healthcare 12.5%
Management, Business, & Financial 10.2%
Natural Resources Maintenance 8.1%
Production & Transportation 12.2%
Sales & Office 24.8%
Other 25.3%
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 13.9%
High School 30.9%
Masters Degree 6.3%
Some College 21.7%
Some High School 13.1%
Other 14.1%

11242 Cosby Manor Rd Comps

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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

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