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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

138 N Main St Pleasant Gap, PA 16823

4 Beds 2 Baths 1,472 sqft Built 1860
Last updated:  Oct 23, 2019

INVESTimate

$99,346

$96.1K - $103K

Price Est.

$1,168

$1.0K - $1.3K

Rent Est.

$100,965  ( +1.63%)   1 YR EST. FORECAST
  
  
  

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138 N Main St PROPERTY INFO

FACTS
  • Built In 1860
  • Price/Sqft : $67.49
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,472 sqft
  • Baths : 1 Full 1 Half

138 N Main St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
BELLEFONTE AREA HIGH SCHOOL High Regular 923 62 6

BELLEFONTE AREA HIGH SCHOOL

  • Education Level: High
  • # of students: 923
  • # of teachers: 62
6
GreatSchools Rating
 

Financial Details

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Neighborhood

BELLEFONTE

  • 29,646

    POPULATION
  • 10,821

    HOUSEHOLDS
  • 62.0%

    WHITE COLLAR

Neighborhood : BELLEFONTE

HOUSEHOLDS
10,821
POPULATION

29,646

25.6%Renters
74.4%Home Owners
LABOR FORCE

 

62.0%White Collar
38.0%Blue Collar
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 $1,168 per month.

MY RENT : $1,168 MEDIAN RENT : $1,278

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 1.7%
$900-999 6.6%
$1,000-1,499 61.4%
>=$1,500 30.3%
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 $1,168 would therefore be considered affordable for annual household incomes greater than $46,720 (12 months x 3.333 x $1,168).

Rent % Affordability
Above $500 89.2%
Above $700 80.8%
Above $1,100 63.6%
Above $1,500 48.7%
Above $1,900 35.3%
HOUSEHOLD INCOME RANGE

Approximately 5,857 of households in this neighborhood have a total annual income of $46,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,168 per month.

MINIMUM INCOME RANGE : $46,720

Income % Distribution
<$20K 10.8%
$20K-$35K 15.9%
$35K-$60K 24.5%
$60K-$100K 29.2%
>=$100K 19.5%
COMMUTE TIME DISTRIBUTION

66% of the working population has a commute time of 15 to 44 minutes, 28% has a commute time of 14 minutes or less and 6% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.3%
5-9 mins 10.9%
10-14 mins 13.3%
15-19 mins 21.7%
20-29 mins 31.6%
30-44 mins 13.1%
45-59 mins 2.9%
>60 mins 3.2%
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 $1,168 per month.

MY RENT : $1,168 MEDIAN RENT : $1,278

Rent % Distribution
$500-699 0.0%
$700-899 1.7%
$900-999 6.6%
$1,000-1,499 61.4%
>=$1,500 30.3%
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 $1,168 would therefore be considered affordable for annual household incomes greater than $46,720 (12 months x 3.333 x $1,168).

Rent % Affordability
Above $500 89.2%
Above $700 80.8%
Above $1,100 63.6%
Above $1,500 48.7%
Above $1,900 35.3%
HOUSEHOLD INCOME RANGE

Approximately 5,857 of households in this neighborhood have a total annual income of $46,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,168 per month.

MINIMUM INCOME RANGE : $46,720

Income % Distribution
<$20K 10.8%
$20K-$35K 15.9%
$35K-$60K 24.5%
$60K-$100K 29.2%
>=$100K 19.5%
COMMUTE TIME DISTRIBUTION

66% of the working population has a commute time of 15 to 44 minutes, 28% has a commute time of 14 minutes or less and 6% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.3%
5-9 mins 10.9%
10-14 mins 13.3%
15-19 mins 21.7%
20-29 mins 31.6%
30-44 mins 13.1%
45-59 mins 2.9%
>60 mins 3.2%

BELLEFONTE Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 8.7%
Educational Services 20.6%
Health Care & Social Assistance 12.9%
Manufacturing 9.3%
Public Administration 6.0%
Retail & Wholesale Trader 12.4%
Other 30.1%
AGE DISTRIBUTION

62% of the population is between the ages of 25 and 64, 23% is 24 or younger and 15% is 65 or older.

Age % Distribution
<15 15.2%
15-19 2.7%
20-24 5.0%
25-44 32.3%
45-65 29.5%
66+ 15.2%
OCCUPATION

Occupation % Distribution
Computer Engineering 6.9%
Healthcare 7.2%
Management, Business, & Financial 18.2%
Natural Resources Maintenance 9.7%
Production & Transportation 12.9%
Sales & Office 21.9%
Other 23.2%
HIGHEST EDUCATION LEVEL

17% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 8.9%
High School 42.1%
Masters Degree 5.9%
Some College 14.3%
Some High School 8.6%
Other 20.3%

138 N Main St Comps

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138 N Main St, Pleasant Gap, PA 16823 is a single family home of 1,472 sqft. HomeUnion INVESTimateĀ® for 138 N Main St includes a Price Estimate of $99,346 and a Rent Estimate of $1,168. This single family home has 4 bedrooms,2 bathrooms, and was built in 1860. This property has an estimated 15 year annualized Yield of 14.11% and Total Return of 23.13%. The estimated 1 year forecast in home value for 138 N Main St is 1.63%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in PA , CENTRE County , or the 16823 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 16828