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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.

115 Highland Dr Sherburne, NY 13460

0 Beds 0 Baths 540 sqft Built 1970
Last updated:  Nov 28, 2019

INVESTimate

$109,341

$99.9K - $119K

Price Est.

$1,022

784 - $1.3K

Rent Est.

$116,776  ( +6.8%)   1 YR EST. FORECAST

115 Highland Dr PROPERTY INFO

FACTS
  • Built In 1970
  • Price/Sqft : $202.48
CONSTRUCTION
  • Beds : 0
  • Floor Size : 540 sqft
  • Baths : 0 Full
PROPERTY DESCRIPTION
115 Highland Dr, Sherburne, NY 13460 is a single family home of 540 sqft. HomeUnion estimate for 115 Highland Dr includes a Price Estimate of $109,341 and a Rent Estimate of $1,022. This single family home has 0 bedrooms, 0 bathrooms, and was built in 1970. This property has an estimated 15 year annualized Yield of 11.22% and Total Return of 30.07%. The estimated 1 year forecast in home value for 115 Highland Dr is 6.8%.
  
  
  

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115 Highland Dr SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
GREENE INTERMEDIATE SCHOOL Primary Regular 219 20 7
GREENE MIDDLE SCHOOL Middle Regular 283 21 7
GREENE HIGH SCHOOL High Regular 350 27 8

GREENE INTERMEDIATE SCHOOL

  • Education Level: Primary
  • # of students: 219
  • # of teachers: 20
7
GreatSchools Rating

GREENE MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 283
  • # of teachers: 21
7
GreatSchools Rating

GREENE HIGH SCHOOL

  • Education Level: High
  • # of students: 350
  • # of teachers: 27
8
GreatSchools Rating
 

Financial Details

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Neighborhood

SHERBURNE

  • 4,273

    POPULATION
  • 1,810

    HOUSEHOLDS
  • 56.8%

    WHITE COLLAR

Neighborhood : SHERBURNE

HOUSEHOLDS
1,810
POPULATION

4,273

33.1%Renters
66.9%Home Owners
LABOR FORCE

 

56.8%White Collar
43.2%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 99% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,022 per month.

MY RENT : $1,022 MEDIAN RENT : $1,815

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.3%
$1,000-1,499 22.6%
>=$1,500 77.1%
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 $1,022 would therefore be considered affordable for annual household incomes greater than $40,880 (12 months x 3.333 x $1,022).

Rent % Affordability
Above $500 76.8%
Above $700 64.4%
Above $1,100 46.6%
Above $1,500 33.8%
Above $1,900 23.7%
HOUSEHOLD INCOME RANGE

Approximately 747 of households in this neighborhood have a total annual income of $40,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,022 per month.

MINIMUM INCOME RANGE : $40,880

Income % Distribution
<$20K 23.2%
$20K-$35K 19.5%
$35K-$60K 23.5%
$60K-$100K 21.0%
>=$100K 12.8%
COMMUTE TIME DISTRIBUTION

48% of the working population has a commute time of 15 to 44 minutes, 38% has a commute time of 14 minutes or less and 14% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 6.1%
5-9 mins 12.1%
10-14 mins 19.5%
15-19 mins 11.2%
20-29 mins 26.4%
30-44 mins 10.9%
45-59 mins 6.0%
>60 mins 7.8%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 99% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,022 per month.

MY RENT : $1,022 MEDIAN RENT : $1,815

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.3%
$1,000-1,499 22.6%
>=$1,500 77.1%
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 $1,022 would therefore be considered affordable for annual household incomes greater than $40,880 (12 months x 3.333 x $1,022).

Rent % Affordability
Above $500 76.8%
Above $700 64.4%
Above $1,100 46.6%
Above $1,500 33.8%
Above $1,900 23.7%
HOUSEHOLD INCOME RANGE

Approximately 747 of households in this neighborhood have a total annual income of $40,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,022 per month.

MINIMUM INCOME RANGE : $40,880

Income % Distribution
<$20K 23.2%
$20K-$35K 19.5%
$35K-$60K 23.5%
$60K-$100K 21.0%
>=$100K 12.8%
COMMUTE TIME DISTRIBUTION

48% of the working population has a commute time of 15 to 44 minutes, 38% has a commute time of 14 minutes or less and 14% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 6.1%
5-9 mins 12.1%
10-14 mins 19.5%
15-19 mins 11.2%
20-29 mins 26.4%
30-44 mins 10.9%
45-59 mins 6.0%
>60 mins 7.8%

SHERBURNE Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 6.7%
Construction 6.5%
Educational Services 14.1%
Health Care & Social Assistance 13.0%
Manufacturing 15.1%
Retail & Wholesale Trader 10.2%
Other 34.4%
AGE DISTRIBUTION

52% of the population is between the ages of 25 and 64, 29% is 24 or younger and 19% is 65 or older.

Age % Distribution
<15 18.4%
15-19 6.7%
20-24 4.2%
25-44 20.9%
45-65 30.8%
66+ 19.0%
OCCUPATION

Occupation % Distribution
Education 5.0%
Healthcare 12.4%
Management, Business, & Financial 15.7%
Natural Resources Maintenance 9.7%
Production & Transportation 17.0%
Sales & Office 19.7%
Other 20.5%
HIGHEST EDUCATION LEVEL

19% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 10.8%
High School 35.0%
Masters Degree 7.2%
Some College 19.9%
Some High School 15.8%
Other 11.3%

115 Highland Dr 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 , CHENANGO County , or the 13460 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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