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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

12 Rockland Pl Old Greenwich, CT 06870

6 Beds 4 Baths 3,029 sqft Built 1957
Last updated:  Nov 28, 2019

INVESTimate

$1,954,964

$1.75M - $2.16M

Price Est.

$5,910

$5.5K - $6.3K

Rent Est.

$1,938,347  ( -0.85%)   1 YR EST. FORECAST
  
  
  

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12 Rockland Pl PROPERTY INFO

FACTS
  • Built In 1957
  • Price/Sqft : $645.42
CONSTRUCTION
  • Beds : 6
  • Floor Size : 3,029 sqft
  • Baths : 3 Full 1 Half

12 Rockland Pl SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
GLENVILLE SCHOOL Primary Regular 385 34 8
WESTERN MIDDLE SCHOOL Middle Regular 474 42 5
GREENWICH HIGH SCHOOL High Regular 2,656 212 8

GLENVILLE SCHOOL

  • Education Level: Primary
  • # of students: 385
  • # of teachers: 34
8
GreatSchools Rating

WESTERN MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 474
  • # of teachers: 42
5
GreatSchools Rating

GREENWICH HIGH SCHOOL

  • Education Level: High
  • # of students: 2,656
  • # of teachers: 212
8
GreatSchools Rating
 

Financial Details

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Neighborhood

Pemberwick

  • 4,420

    POPULATION
  • 1,587

    HOUSEHOLDS
  • 73.3%

    WHITE COLLAR

Neighborhood : Pemberwick

HOUSEHOLDS
1,587
POPULATION

4,420

31.8%Renters
68.2%Home Owners
LABOR FORCE

 

73.3%White Collar
26.7%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 $5,910 per month.

MY RENT : $5,910 MEDIAN RENT : $4,258

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 $5,910 would therefore be considered affordable for annual household incomes greater than $236,400 (12 months x 3.333 x $5,910).

Rent % Affordability
Above $500 95.2%
Above $700 93.0%
Above $1,100 84.0%
Above $1,500 80.5%
Above $1,900 72.6%
HOUSEHOLD INCOME RANGE

Approximately 45 of households in this neighborhood have a total annual income of $236,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $5,910 per month.

MINIMUM INCOME RANGE : $236,400

Income % Distribution
<$20K 4.8%
$20K-$35K 6.2%
$35K-$60K 8.5%
$60K-$100K 28.5%
>=$100K 52.0%
COMMUTE TIME DISTRIBUTION

54% of the working population has a commute time of 15 to 44 minutes, 31% 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 0.7%
5-9 mins 12.4%
10-14 mins 18.2%
15-19 mins 17.0%
20-29 mins 20.5%
30-44 mins 16.9%
45-59 mins 2.3%
>60 mins 12.0%
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 $5,910 per month.

MY RENT : $5,910 MEDIAN RENT : $4,258

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 $5,910 would therefore be considered affordable for annual household incomes greater than $236,400 (12 months x 3.333 x $5,910).

Rent % Affordability
Above $500 95.2%
Above $700 93.0%
Above $1,100 84.0%
Above $1,500 80.5%
Above $1,900 72.6%
HOUSEHOLD INCOME RANGE

Approximately 45 of households in this neighborhood have a total annual income of $236,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $5,910 per month.

MINIMUM INCOME RANGE : $236,400

Income % Distribution
<$20K 4.8%
$20K-$35K 6.2%
$35K-$60K 8.5%
$60K-$100K 28.5%
>=$100K 52.0%
COMMUTE TIME DISTRIBUTION

54% of the working population has a commute time of 15 to 44 minutes, 31% 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 0.7%
5-9 mins 12.4%
10-14 mins 18.2%
15-19 mins 17.0%
20-29 mins 20.5%
30-44 mins 16.9%
45-59 mins 2.3%
>60 mins 12.0%

Pemberwick Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 8.5%
Construction 7.1%
Financial Industries 9.7%
Health Care & Social Assistance 13.6%
Professional & Scientific Tech Services 12.1%
Retail & Wholesale Trader 19.8%
Other 29.1%
AGE DISTRIBUTION

60% of the population is between the ages of 25 and 64, 26% is 24 or younger and 14% is 65 or older.

Age % Distribution
<15 16.6%
15-19 5.5%
20-24 4.5%
25-44 32.3%
45-65 27.5%
66+ 13.7%
OCCUPATION

Occupation % Distribution
Computer Engineering 9.0%
Healthcare 6.5%
Management, Business, & Financial 23.6%
Natural Resources Maintenance 7.1%
PCare 6.3%
Sales & Office 25.2%
Other 22.4%
HIGHEST EDUCATION LEVEL

18% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
High School 25.0%
Masters Degree 9.8%
Professional 4.5%
Some College 13.2%
Some High School 4.8%
Other 42.6%

12 Rockland Pl Comps

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12 Rockland Pl, Old Greenwich, CT 06870 is a single family home of 3,029 sqft. HomeUnion INVESTimateĀ® for 12 Rockland Pl includes a Price Estimate of $1,954,964 and a Rent Estimate of $5,910. This single family home has 6 bedrooms,4 bathrooms, and was built in 1957. This property has an estimated 15 year annualized Yield of 3.63% and Total Return of 3.26%. The estimated 1 year forecast in home value for 12 Rockland Pl is -0.85%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in CT , FAIRFIELD County , or the 06870 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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