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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

1288 Corner Stone Rd Shanksville, PA 15560

3 Beds 1 Baths 1,314 sqft Built 1955
Last updated:  Dec 26, 2019

INVESTimate

$157,142

$144K - $171K

Price Est.

$1,136

956 - $1.3K

Rent Est.

$159,216  ( +1.32%)   1 YR EST. FORECAST
  
  
  

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1288 Corner Stone Rd PROPERTY INFO

FACTS
  • Built In 1955
  • Price/Sqft : $119.59
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,314 sqft
  • Baths : 1 Full

1288 Corner Stone Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
SHANKSVILLE-STONYCREEK ELEMENTARY SCHOOL Primary Regular 190 17 6
SHANKSVILLE-STONYCREEK HIGH SCHOOL High Regular 121 10 4

SHANKSVILLE-STONYCREEK ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 190
  • # of teachers: 17
6
GreatSchools Rating

SHANKSVILLE-STONYCREEK HIGH SCHOOL

  • Education Level: High
  • # of students: 121
  • # of teachers: 10
4
GreatSchools Rating
 

Financial Details

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Neighborhood

SHANKSVILLE

  • 100

    POPULATION
  • 45

    HOUSEHOLDS
  • 54.4%

    WHITE COLLAR

Neighborhood : SHANKSVILLE

HOUSEHOLDS
45
POPULATION

100

13.6%Renters
86.4%Home Owners
LABOR FORCE

 

54.4%White Collar
45.6%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 $1,136 per month.

MY RENT : $1,136 MEDIAN RENT : $976

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 35.3%
$900-999 22.6%
$1,000-1,499 37.6%
>=$1,500 4.5%
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 $1,136 would therefore be considered affordable for annual household incomes greater than $45,440 (12 months x 3.333 x $1,136).

Rent % Affordability
Above $500 93.0%
Above $700 85.6%
Above $1,100 73.0%
Above $1,500 55.8%
Above $1,900 38.9%
HOUSEHOLD INCOME RANGE

Approximately 26 of households in this neighborhood have a total annual income of $45,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,136 per month.

MINIMUM INCOME RANGE : $45,440

Income % Distribution
<$20K 7.0%
$20K-$35K 14.0%
$35K-$60K 23.3%
$60K-$100K 32.6%
>=$100K 23.3%
COMMUTE TIME DISTRIBUTION

67% of the working population has a commute time of 15 to 44 minutes, 10% has a commute time of 14 minutes or less and 23% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.1%
5-9 mins 4.2%
10-14 mins 4.2%
15-19 mins 20.8%
20-29 mins 22.9%
30-44 mins 22.9%
45-59 mins 14.6%
>60 mins 8.3%
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 $1,136 per month.

MY RENT : $1,136 MEDIAN RENT : $976

Rent % Distribution
$500-699 0.0%
$700-899 35.3%
$900-999 22.6%
$1,000-1,499 37.6%
>=$1,500 4.5%
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 $1,136 would therefore be considered affordable for annual household incomes greater than $45,440 (12 months x 3.333 x $1,136).

Rent % Affordability
Above $500 93.0%
Above $700 85.6%
Above $1,100 73.0%
Above $1,500 55.8%
Above $1,900 38.9%
HOUSEHOLD INCOME RANGE

Approximately 26 of households in this neighborhood have a total annual income of $45,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,136 per month.

MINIMUM INCOME RANGE : $45,440

Income % Distribution
<$20K 7.0%
$20K-$35K 14.0%
$35K-$60K 23.3%
$60K-$100K 32.6%
>=$100K 23.3%
COMMUTE TIME DISTRIBUTION

67% of the working population has a commute time of 15 to 44 minutes, 10% has a commute time of 14 minutes or less and 23% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.1%
5-9 mins 4.2%
10-14 mins 4.2%
15-19 mins 20.8%
20-29 mins 22.9%
30-44 mins 22.9%
45-59 mins 14.6%
>60 mins 8.3%

SHANKSVILLE Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 10.2%
Arts & Entertainment 8.2%
Health Care & Social Assistance 18.4%
Public Administration 8.2%
Retail & Wholesale Trader 8.2%
Transportation 14.3%
Other 32.7%
AGE DISTRIBUTION

58% of the population is between the ages of 25 and 64, 30% is 24 or younger and 12% is 65 or older.

Age % Distribution
<15 13.0%
15-19 8.0%
20-24 9.0%
25-44 28.0%
45-65 30.0%
66+ 12.0%
OCCUPATION

Occupation % Distribution
Healthcare 5.4%
Management, Business, & Financial 13.5%
Natural Resources Maintenance 21.6%
Production & Transportation 18.9%
Sales & Office 10.8%
Social 10.8%
Other 18.9%
HIGHEST EDUCATION LEVEL

15% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 9.3%
High School 40.0%
Masters Degree 4.0%
Some College 18.7%
Some High School 17.3%
Other 10.7%

1288 Corner Stone Rd Comps

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1288 Corner Stone Rd, Shanksville, PA 15560 is a single family home of 1,314 sqft. HomeUnion INVESTimateĀ® for 1288 Corner Stone Rd includes a Price Estimate of $157,142 and a Rent Estimate of $1,136. This single family home has 3 bedrooms,1 bathrooms, and was built in 1955. This property has an estimated 15 year annualized Yield of 8.67% and Total Return of 10.64%. The estimated 1 year forecast in home value for 1288 Corner Stone Rd is 1.32%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in PA , SOMERSET County , or the 15560 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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