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14 Carpenter Ave PROPERTY INFO
FACTS
- Built In 1950
- Price/Sqft : $418.92
CONSTRUCTION
- Beds : 0
- Floor Size : 2,037 sqft
- Baths : 1 Full
14 Carpenter Ave SCHOOLS
Financial Details
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Sea Cliff
Neighborhood : Sea Cliff
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 100% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $3,180 per month.
MY RENT : $3,180 MEDIAN RENT : $3,869
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 $3,180 would therefore be considered affordable for annual household incomes greater than $127,200 (12 months x 3.333 x $3,180).
HOUSEHOLD INCOME RANGE
Approximately 557 of households in this neighborhood have a total annual income of $127,200 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $3,180 per month.
MINIMUM INCOME RANGE : $127,200
COMMUTE TIME DISTRIBUTION
46% of the working population has a commute time of 15 to 44 minutes, 26% has a commute time of 14 minutes or less and 28% has a commute time of 45 minutes or longer.
Sea Cliff Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Arts & Entertainment | 9.2% |
| Educational Services | 16.1% |
| Financial Industries | 9.1% |
| Health Care & Social Assistance | 16.3% |
| Professional & Scientific Tech Services | 8.5% |
| Retail & Wholesale Trader | 9.7% |
| Other | 31.1% |
AGE DISTRIBUTION
55% of the population is between the ages of 25 and 64, 30% is 24 or younger and 15% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 15.9% |
| 15-19 | 8.6% |
| 20-24 | 5.5% |
| 25-44 | 17.1% |
| 45-65 | 37.4% |
| 66+ | 15.4% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Computer Engineering | 6.5% |
| Construction | 9.9% |
| Healthcare | 7.4% |
| Legal | 5.6% |
| Management, Business, & Financial | 24.5% |
| Sales & Office | 21.3% |
| Other | 24.7% |
HIGHEST EDUCATION LEVEL
38% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Doctorate | 5.1% |
| High School | 14.3% |
| Masters Degree | 20.6% |
| Professional | 9.3% |
| Some College | 13.0% |
| Other | 37.7% |
14 Carpenter Ave Comps
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14 Carpenter Ave, Sea Cliff, NY 11579 is a single family home of 2,037 sqft. HomeUnion INVESTimateĀ® for 14 Carpenter Ave includes a Price Estimate of $853,341 and a Rent Estimate of $3,180. This single family home has 0 bedrooms,1 bathrooms, and was built in 1950. This property has an estimated 15 year annualized Yield of 4.47% and Total Return of 9.68%. The estimated 1 year forecast in home value for 14 Carpenter Ave is 2.62%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NY , NASSAU County , or the 11579 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
