INVESTimate
$41,847
120 Blakesley Rd PROPERTY INFO
FACTS
- Built In 1988
- Price/Sqft : $104.87
CONSTRUCTION
- Beds : 2
- Floor Size : 1,092 sqft
- Baths : 1 Full 1 Half
PROPERTY DESCRIPTION
120 Blakesley Rd, Gilboa, NY 12076 is a single family home of 1,092 sqft. HomeUnion estimate for 120 Blakesley Rd includes a Price Estimate of $114,518 and a Rent Estimate of $1,414. This single family home has 2 bedrooms, 2 bathrooms, and was built in 1988. This property has an estimated 15 year annualized Yield of 14.82% and Total Return of 29.81%. The estimated 1 year forecast in home value for 120 Blakesley Rd is 1.73%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
120 Blakesley Rd SCHOOLS
Financial Details
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GILBOA
Neighborhood : GILBOA
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 65% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,414 per month.
MY RENT : $1,414 MEDIAN RENT : $1,564
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 $1,414 would therefore be considered affordable for annual household incomes greater than $56,560 (12 months x 3.333 x $1,414).
HOUSEHOLD INCOME RANGE
Approximately 283 of households in this neighborhood have a total annual income of $56,560 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,414 per month.
MINIMUM INCOME RANGE : $56,560
COMMUTE TIME DISTRIBUTION
52% of the working population has a commute time of 15 to 44 minutes, 21% has a commute time of 14 minutes or less and 27% has a commute time of 45 minutes or longer.
GILBOA Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 12.4% |
Construction | 15.1% |
Educational Services | 17.1% |
Health Care & Social Assistance | 8.3% |
Retail & Wholesale Trader | 9.5% |
Transportation | 6.9% |
Other | 30.7% |
AGE DISTRIBUTION
54% of the population is between the ages of 25 and 64, 23% is 24 or younger and 23% is 65 or older.
Age | % Distribution |
---|---|
<15 | 11.8% |
15-19 | 6.4% |
20-24 | 4.5% |
25-44 | 22.0% |
45-65 | 32.0% |
66+ | 23.2% |
OCCUPATION
Occupation | % Distribution |
---|---|
Clean | 4.9% |
Construction | 9.0% |
Management, Business, & Financial | 14.0% |
Natural Resources Maintenance | 17.1% |
Production & Transportation | 19.1% |
Sales & Office | 18.1% |
Other | 17.8% |
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 | 10.5% |
High School | 41.9% |
Masters Degree | 6.1% |
Some College | 20.0% |
Some High School | 10.1% |
Other | 11.4% |
120 Blakesley Rd Comps
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