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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

122 Cleveland St Elmira Heights, NY 14903

2 Beds 1 Baths 1,232 sqft Built 1947
Last updated:  Jan 23, 2020

INVESTimate

$101,051

$92.7K - $109K

Price Est.

$1,358

$1.0K - $1.7K

Rent Est.

$102,425  ( +1.36%)   1 YR EST. FORECAST
  
  
  

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122 Cleveland St PROPERTY INFO

FACTS
  • Built In 1947
  • Price/Sqft : $82.02
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,232 sqft
  • Baths : 1 Full

122 Cleveland St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
DR. NATHAN COHEN ELEMENTARY SCHOOL Primary Regular 478 36 6
COHEN MIDDLE SCHOOL Middle Regular 236 14 6
THOMAS A EDISON HIGH SCHOOL High Regular 323 25 5

DR. NATHAN COHEN ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 478
  • # of teachers: 36
6
GreatSchools Rating

COHEN MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 236
  • # of teachers: 14
6
GreatSchools Rating

THOMAS A EDISON HIGH SCHOOL

  • Education Level: High
  • # of students: 323
  • # of teachers: 25
5
GreatSchools Rating
 

Financial Details

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Neighborhood

Elmira Heights

  • 4,196

    POPULATION
  • 1,844

    HOUSEHOLDS
  • 49.0%

    WHITE COLLAR

Neighborhood : Elmira Heights

HOUSEHOLDS
1,844
POPULATION

4,196

44.0%Renters
56.0%Home Owners
LABOR FORCE

 

49.0%White Collar
51.0%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 58% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,358 per month.

MY RENT : $1,358 MEDIAN RENT : $1,446

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.3%
$1,000-1,499 58.2%
>=$1,500 41.6%
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 $1,358 would therefore be considered affordable for annual household incomes greater than $54,320 (12 months x 3.333 x $1,358).

Rent % Affordability
Above $500 72.8%
Above $700 64.3%
Above $1,100 45.2%
Above $1,500 31.8%
Above $1,900 19.5%
HOUSEHOLD INCOME RANGE

Approximately 626 of households in this neighborhood have a total annual income of $54,320 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,358 per month.

MINIMUM INCOME RANGE : $54,320

Income % Distribution
<$20K 27.2%
$20K-$35K 18.3%
$35K-$60K 22.7%
$60K-$100K 22.9%
>=$100K 8.8%
COMMUTE TIME DISTRIBUTION

29% of the working population has a commute time of 15 to 44 minutes, 60% has a commute time of 14 minutes or less and 11% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.7%
5-9 mins 27.6%
10-14 mins 27.2%
15-19 mins 10.1%
20-29 mins 8.7%
30-44 mins 10.3%
45-59 mins 5.2%
>60 mins 6.1%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 58% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,358 per month.

MY RENT : $1,358 MEDIAN RENT : $1,446

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.3%
$1,000-1,499 58.2%
>=$1,500 41.6%
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 $1,358 would therefore be considered affordable for annual household incomes greater than $54,320 (12 months x 3.333 x $1,358).

Rent % Affordability
Above $500 72.8%
Above $700 64.3%
Above $1,100 45.2%
Above $1,500 31.8%
Above $1,900 19.5%
HOUSEHOLD INCOME RANGE

Approximately 626 of households in this neighborhood have a total annual income of $54,320 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,358 per month.

MINIMUM INCOME RANGE : $54,320

Income % Distribution
<$20K 27.2%
$20K-$35K 18.3%
$35K-$60K 22.7%
$60K-$100K 22.9%
>=$100K 8.8%
COMMUTE TIME DISTRIBUTION

29% of the working population has a commute time of 15 to 44 minutes, 60% has a commute time of 14 minutes or less and 11% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.7%
5-9 mins 27.6%
10-14 mins 27.2%
15-19 mins 10.1%
20-29 mins 8.7%
30-44 mins 10.3%
45-59 mins 5.2%
>60 mins 6.1%

Elmira Heights Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 10.9%
Educational Services 9.4%
Health Care & Social Assistance 19.6%
Manufacturing 19.2%
Public Administration 5.6%
Retail & Wholesale Trader 12.8%
Other 22.6%
AGE DISTRIBUTION

52% of the population is between the ages of 25 and 64, 33% is 24 or younger and 16% is 65 or older.

Age % Distribution
<15 21.0%
15-19 5.6%
20-24 6.3%
25-44 25.5%
45-65 26.0%
66+ 15.6%
OCCUPATION

Occupation % Distribution
Computer Engineering 6.6%
Healthcare 10.1%
Management, Business, & Financial 9.4%
Production & Transportation 21.5%
Protect 6.0%
Sales & Office 23.5%
Other 22.8%
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 13.8%
High School 40.5%
Masters Degree 4.5%
Some College 19.7%
Some High School 12.8%
Other 8.7%

122 Cleveland St Comps

Sorry, we do not have sufficient data available.

122 Cleveland St, Elmira Heights, NY 14903 is a single family home of 1,232 sqft. HomeUnion INVESTimateĀ® for 122 Cleveland St includes a Price Estimate of $101,051 and a Rent Estimate of $1,358. This single family home has 2 bedrooms,1 bathrooms, and was built in 1947. This property has an estimated 15 year annualized Yield of 16.13% and Total Return of 26.32%. The estimated 1 year forecast in home value for 122 Cleveland St is 1.36%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NY , CHEMUNG County , or the 14903 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 14901
  2. 14845
  3. 14905