INVESTimate
$60,013
13 Russell Rd PROPERTY INFO
FACTS
- Built In 1890
- Price/Sqft : $113.00
CONSTRUCTION
- Beds : 3
- Floor Size : 1,620 sqft
- Baths : 1 Full 1 Half
PROPERTY DESCRIPTION
13 Russell Rd, Langdon, NH 03602 is a single family home of 1,620 sqft. HomeUnion estimate for 13 Russell Rd includes a Price Estimate of $183,067 and a Rent Estimate of $1,217. This single family home has 3 bedrooms, 2 bathrooms, and was built in 1890. This property has an estimated 15 year annualized Yield of 7.98% and Total Return of 14.43%. The estimated 1 year forecast in home value for 13 Russell Rd is 3.18%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
13 Russell Rd SCHOOLS
Financial Details
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ALSTEAD
Neighborhood : ALSTEAD
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 71% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,217 per month.
MY RENT : $1,217 MEDIAN RENT : $1,382
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 $1,217 would therefore be considered affordable for annual household incomes greater than $48,680 (12 months x 3.333 x $1,217).
HOUSEHOLD INCOME RANGE
Approximately 649 of households in this neighborhood have a total annual income of $48,680 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,217 per month.
MINIMUM INCOME RANGE : $48,680
COMMUTE TIME DISTRIBUTION
68% of the working population has a commute time of 15 to 44 minutes, 14% has a commute time of 14 minutes or less and 19% has a commute time of 45 minutes or longer.
ALSTEAD Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Construction | 7.1% |
Educational Services | 14.5% |
Health Care & Social Assistance | 18.4% |
Manufacturing | 14.7% |
Public Administration | 5.3% |
Retail & Wholesale Trader | 14.9% |
Other | 25.2% |
AGE DISTRIBUTION
54% of the population is between the ages of 25 and 64, 28% is 24 or younger and 18% is 65 or older.
Age | % Distribution |
---|---|
<15 | 17.2% |
15-19 | 6.9% |
20-24 | 4.0% |
25-44 | 21.3% |
45-65 | 32.2% |
66+ | 18.4% |
OCCUPATION
Occupation | % Distribution |
---|---|
Computer Engineering | 6.6% |
Healthcare | 11.4% |
Management, Business, & Financial | 18.7% |
Natural Resources Maintenance | 11.6% |
Production & Transportation | 18.9% |
Sales & Office | 12.6% |
Other | 20.2% |
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 | 7.2% |
High School | 35.2% |
Masters Degree | 10.9% |
Some College | 17.0% |
Some High School | 8.9% |
Other | 20.8% |
13 Russell Rd Comps
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