129 Foote Hill Rd PROPERTY INFO
FACTS
- Built In 1969
- Price/Sqft : $62.39
CONSTRUCTION
- Beds : 3
- Floor Size : 2,103 sqft
- Baths : 2 Full 1 Half
PROPERTY DESCRIPTION
129 Foote Hill Rd, Sherburne, NY 13460 is a single family home of 2,103 sqft. HomeUnion estimate for 129 Foote Hill Rd includes a Price Estimate of $131,208 and a Rent Estimate of $1,900. This single family home has 3 bedrooms, 3 bathrooms, and was built in 1969. This property has an estimated 15 year annualized Yield of 17.38% and Total Return of 31.72%. The estimated 1 year forecast in home value for 129 Foote Hill Rd is 6.8%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
129 Foote Hill Rd SCHOOLS
Financial Details
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SHERBURNE
Neighborhood : SHERBURNE
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 78% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,900 per month.
MY RENT : $1,900 MEDIAN RENT : $1,820
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 $1,900 would therefore be considered affordable for annual household incomes greater than $76,000 (12 months x 3.333 x $1,900).
HOUSEHOLD INCOME RANGE
Approximately 358 of households in this neighborhood have a total annual income of $76,000 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,900 per month.
MINIMUM INCOME RANGE : $76,000
COMMUTE TIME DISTRIBUTION
51% of the working population has a commute time of 15 to 44 minutes, 38% has a commute time of 14 minutes or less and 11% has a commute time of 45 minutes or longer.
SHERBURNE Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 7.2% |
Educational Services | 13.2% |
Health Care & Social Assistance | 12.2% |
Manufacturing | 13.6% |
Public Administration | 6.8% |
Retail & Wholesale Trader | 10.7% |
Other | 36.4% |
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 | 17.7% |
15-19 | 5.8% |
20-24 | 5.2% |
25-44 | 20.2% |
45-65 | 32.2% |
66+ | 18.8% |
OCCUPATION
Occupation | % Distribution |
---|---|
Construction | 4.9% |
Healthcare | 11.2% |
Management, Business, & Financial | 19.9% |
Natural Resources Maintenance | 9.6% |
Production & Transportation | 16.9% |
Sales & Office | 18.2% |
Other | 19.2% |
HIGHEST EDUCATION LEVEL
20% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 12.1% |
High School | 33.8% |
Masters Degree | 7.1% |
Some College | 20.5% |
Some High School | 14.9% |
Other | 11.5% |
129 Foote Hill Rd Comps
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