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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

142 Pigeon Brook Rd West Baldwin, ME 04091

0 Beds 0 Baths 1,288 sqft Built 0
Last updated:  Oct 23, 2019

INVESTimate

$323,151

$295K - $351K

Price Est.

$1,293

$1.2K - $1.4K

Rent Est.

$335,205  ( +3.73%)   1 YR EST. FORECAST
  
  
  

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142 Pigeon Brook Rd PROPERTY INFO

FACTS
  • Built In 0
  • Price/Sqft : $250.89
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,288 sqft
  • Baths : 0 Full

142 Pigeon Brook Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
SACOPEE VALLEY HIGH SCHOOL High Regular 401 36 6

SACOPEE VALLEY HIGH SCHOOL

  • Education Level: High
  • # of students: 401
  • # of teachers: 36
6
GreatSchools Rating
 

Financial Details

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Neighborhood

WEST BALDWIN

  • 883

    POPULATION
  • 331

    HOUSEHOLDS
  • 57.8%

    WHITE COLLAR

Neighborhood : WEST BALDWIN

HOUSEHOLDS
331
POPULATION

883

9.4%Renters
90.6%Home Owners
LABOR FORCE

 

57.8%White Collar
42.2%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 46% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,293 per month.

MY RENT : $1,293 MEDIAN RENT : $1,247

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 2.2%
$1,000-1,499 89.1%
>=$1,500 8.7%
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 $1,293 would therefore be considered affordable for annual household incomes greater than $51,720 (12 months x 3.333 x $1,293).

Rent % Affordability
Above $500 81.1%
Above $700 74.7%
Above $1,100 59.2%
Above $1,500 45.9%
Above $1,900 32.7%
HOUSEHOLD INCOME RANGE

Approximately 163 of households in this neighborhood have a total annual income of $51,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,293 per month.

MINIMUM INCOME RANGE : $51,720

Income % Distribution
<$20K 18.9%
$20K-$35K 12.9%
$35K-$60K 22.2%
$60K-$100K 27.9%
>=$100K 18.0%
COMMUTE TIME DISTRIBUTION

45% of the working population has a commute time of 15 to 44 minutes, 16% has a commute time of 14 minutes or less and 39% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 5.4%
5-9 mins 5.4%
10-14 mins 5.1%
15-19 mins 6.8%
20-29 mins 11.2%
30-44 mins 26.6%
45-59 mins 24.3%
>60 mins 15.2%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 46% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,293 per month.

MY RENT : $1,293 MEDIAN RENT : $1,247

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 2.2%
$1,000-1,499 89.1%
>=$1,500 8.7%
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 $1,293 would therefore be considered affordable for annual household incomes greater than $51,720 (12 months x 3.333 x $1,293).

Rent % Affordability
Above $500 81.1%
Above $700 74.7%
Above $1,100 59.2%
Above $1,500 45.9%
Above $1,900 32.7%
HOUSEHOLD INCOME RANGE

Approximately 163 of households in this neighborhood have a total annual income of $51,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,293 per month.

MINIMUM INCOME RANGE : $51,720

Income % Distribution
<$20K 18.9%
$20K-$35K 12.9%
$35K-$60K 22.2%
$60K-$100K 27.9%
>=$100K 18.0%
COMMUTE TIME DISTRIBUTION

45% of the working population has a commute time of 15 to 44 minutes, 16% has a commute time of 14 minutes or less and 39% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 5.4%
5-9 mins 5.4%
10-14 mins 5.1%
15-19 mins 6.8%
20-29 mins 11.2%
30-44 mins 26.6%
45-59 mins 24.3%
>60 mins 15.2%

WEST BALDWIN Demographics

INDUSTRY

Industry % Distribution
Educational Services 10.0%
Health Care & Social Assistance 14.7%
Manufacturing 10.7%
Public Administration 6.9%
Retail & Wholesale Trader 17.1%
Transportation 8.2%
Other 32.4%
AGE DISTRIBUTION

59% of the population is between the ages of 25 and 64, 23% is 24 or younger and 17% is 65 or older.

Age % Distribution
<15 13.5%
15-19 5.9%
20-24 4.0%
25-44 24.7%
45-65 34.5%
66+ 17.4%
OCCUPATION

Occupation % Distribution
Construction 4.8%
Healthcare 6.8%
Management, Business, & Financial 12.0%
Natural Resources Maintenance 15.1%
Production & Transportation 15.4%
Sales & Office 28.1%
Other 17.8%
HIGHEST EDUCATION LEVEL

14% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 10.1%
High School 47.3%
Masters Degree 3.1%
Some College 17.0%
Some High School 8.0%
Other 14.5%

142 Pigeon Brook Rd Comps

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142 Pigeon Brook Rd, West Baldwin, ME 04091 is a single family home of 1,288 sqft. HomeUnion INVESTimateĀ® for 142 Pigeon Brook Rd includes a Price Estimate of $323,151 and a Rent Estimate of $1,293. This single family home has 0 bedrooms,0 bathrooms, and was built in 0. This property has an estimated 15 year annualized Yield of 4.80% and Total Return of 13.76%. The estimated 1 year forecast in home value for 142 Pigeon Brook Rd is 3.73%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in ME , CUMBERLAND County , or the 04091 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 04024
  2. 04084