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This page contains information about each property aggregated from public data sources, 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.

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This page contains information about each property aggregated from public data sources, 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.

1352 West Ave Medina, NY 14103

4 Beds 2 Baths 1,982 sqft Built 1921
Last updated:  Jan 23, 2020

INVESTimate

$129,778

$122K - $138K

Price Est.

$1,441

859 - $2.0K

Rent Est.

$133,827  ( +3.12%)   1 YR EST. FORECAST

1352 West Ave PROPERTY INFO

FACTS
  • Built In 1921
  • Price/Sqft : $65.48
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,982 sqft
  • Baths : 1 Full 1 Half
PROPERTY DESCRIPTION
1352 West Ave, Medina, NY 14103 is a single family home of 1,982 sqft. HomeUnion estimate for 1352 West Ave includes a Price Estimate of $129,778 and a Rent Estimate of $1,441. This single family home has 4 bedrooms, 2 bathrooms, and was built in 1921. This property has an estimated 15 year annualized Yield of 13.32% and Total Return of 19.77%. The estimated 1 year forecast in home value for 1352 West Ave is 3.12%.
  
  
  

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1352 West Ave SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
OAK ORCHARD SCHOOL Primary Regular 415 27 4

OAK ORCHARD SCHOOL

  • Education Level: Primary
  • # of students: 415
  • # of teachers: 27
4
GreatSchools Rating
 

Financial Details

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Neighborhood

MEDINA

  • 10,851

    POPULATION
  • 4,419

    HOUSEHOLDS
  • 55.9%

    WHITE COLLAR

Neighborhood : MEDINA

HOUSEHOLDS
4,419
POPULATION

10,851

30.8%Renters
69.2%Home Owners
LABOR FORCE

 

55.9%White Collar
44.1%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 40% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,441 per month.

MY RENT : $1,441 MEDIAN RENT : $1,384

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.5%
$1,000-1,499 67.5%
>=$1,500 31.9%
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 $1,441 would therefore be considered affordable for annual household incomes greater than $57,640 (12 months x 3.333 x $1,441).

Rent % Affordability
Above $500 81.6%
Above $700 68.8%
Above $1,100 53.1%
Above $1,500 34.3%
Above $1,900 23.2%
HOUSEHOLD INCOME RANGE

Approximately 1,560 of households in this neighborhood have a total annual income of $57,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,441 per month.

MINIMUM INCOME RANGE : $57,640

Income % Distribution
<$20K 18.4%
$20K-$35K 20.1%
$35K-$60K 27.3%
$60K-$100K 21.1%
>=$100K 13.1%
COMMUTE TIME DISTRIBUTION

39% of the working population has a commute time of 15 to 44 minutes, 46% has a commute time of 14 minutes or less and 15% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 14.6%
5-9 mins 17.9%
10-14 mins 13.3%
15-19 mins 13.2%
20-29 mins 15.8%
30-44 mins 9.9%
45-59 mins 6.8%
>60 mins 8.5%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 40% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,441 per month.

MY RENT : $1,441 MEDIAN RENT : $1,384

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.5%
$1,000-1,499 67.5%
>=$1,500 31.9%
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 $1,441 would therefore be considered affordable for annual household incomes greater than $57,640 (12 months x 3.333 x $1,441).

Rent % Affordability
Above $500 81.6%
Above $700 68.8%
Above $1,100 53.1%
Above $1,500 34.3%
Above $1,900 23.2%
HOUSEHOLD INCOME RANGE

Approximately 1,560 of households in this neighborhood have a total annual income of $57,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,441 per month.

MINIMUM INCOME RANGE : $57,640

Income % Distribution
<$20K 18.4%
$20K-$35K 20.1%
$35K-$60K 27.3%
$60K-$100K 21.1%
>=$100K 13.1%
COMMUTE TIME DISTRIBUTION

39% of the working population has a commute time of 15 to 44 minutes, 46% has a commute time of 14 minutes or less and 15% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 14.6%
5-9 mins 17.9%
10-14 mins 13.3%
15-19 mins 13.2%
20-29 mins 15.8%
30-44 mins 9.9%
45-59 mins 6.8%
>60 mins 8.5%

MEDINA Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 8.0%
Educational Services 8.0%
Health Care & Social Assistance 13.8%
Manufacturing 23.5%
Public Administration 5.5%
Retail & Wholesale Trader 13.5%
Other 27.8%
AGE DISTRIBUTION

51% of the population is between the ages of 25 and 64, 31% is 24 or younger and 18% is 65 or older.

Age % Distribution
<15 18.7%
15-19 7.2%
20-24 5.5%
25-44 23.7%
45-65 27.3%
66+ 17.5%
OCCUPATION

Occupation % Distribution
Construction 4.9%
Healthcare 6.0%
Management, Business, & Financial 17.4%
Natural Resources Maintenance 10.6%
Production & Transportation 23.4%
Sales & Office 18.7%
Other 19.0%
HIGHEST EDUCATION LEVEL

18% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 9.5%
High School 37.7%
Masters Degree 7.2%
Some College 23.6%
Some High School 9.8%
Other 12.1%

1352 West Ave Comps

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