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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

14231 County Route 123 Adams, NY 13605

7 Beds 5 Baths 3,232 sqft Built 1922
Last updated:  Nov 28, 2019

INVESTimate

$821,060

$773K - $869K

Price Est.

$2,586

$2.3K - $2.8K

Rent Est.

$840,355  ( +2.35%)   1 YR EST. FORECAST
  
  
  

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14231 County Route 123 PROPERTY INFO

FACTS
  • Built In 1922
  • Price/Sqft : $254.04
CONSTRUCTION
  • Beds : 7
  • Floor Size : 3,232 sqft
  • Baths : 5 Full

14231 County Route 123 SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
BELLEVILLE HENDERSON CENTRAL SCHOOL Primary Regular 510 38 6
BELLEVILLE HENDERSON CENTRAL SCHOOL Middle Regular 510 38 6
BELLEVILLE HENDERSON CENTRAL SCHOOL High Regular 510 38 6

BELLEVILLE HENDERSON CENTRAL SCHOOL

  • Education Level: Primary
  • # of students: 510
  • # of teachers: 38
6
GreatSchools Rating

BELLEVILLE HENDERSON CENTRAL SCHOOL

  • Education Level: Middle
  • # of students: 510
  • # of teachers: 38
6
GreatSchools Rating

BELLEVILLE HENDERSON CENTRAL SCHOOL

  • Education Level: High
  • # of students: 510
  • # of teachers: 38
6
GreatSchools Rating
 

Financial Details

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Neighborhood

ADAMS

  • 4,921

    POPULATION
  • 1,873

    HOUSEHOLDS
  • 62.4%

    WHITE COLLAR

Neighborhood : ADAMS

HOUSEHOLDS
1,873
POPULATION

4,921

24.0%Renters
76.0%Home Owners
LABOR FORCE

 

62.4%White Collar
37.6%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 60% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,586 per month.

MY RENT : $2,586 MEDIAN RENT : $1,583

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.2%
$900-999 0.3%
$1,000-1,499 39.3%
>=$1,500 60.2%
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 $2,586 would therefore be considered affordable for annual household incomes greater than $103,440 (12 months x 3.333 x $2,586).

Rent % Affordability
Above $500 81.5%
Above $700 75.5%
Above $1,100 56.3%
Above $1,500 46.1%
Above $1,900 35.7%
HOUSEHOLD INCOME RANGE

Approximately 256 of households in this neighborhood have a total annual income of $103,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,586 per month.

MINIMUM INCOME RANGE : $103,440

Income % Distribution
<$20K 18.5%
$20K-$35K 14.9%
$35K-$60K 20.4%
$60K-$100K 22.9%
>=$100K 23.3%
COMMUTE TIME DISTRIBUTION

60% of the working population has a commute time of 15 to 44 minutes, 29% has a commute time of 14 minutes or less and 10% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 7.0%
5-9 mins 9.8%
10-14 mins 12.3%
15-19 mins 15.9%
20-29 mins 32.1%
30-44 mins 12.4%
45-59 mins 4.9%
>60 mins 5.5%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 60% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,586 per month.

MY RENT : $2,586 MEDIAN RENT : $1,583

Rent % Distribution
$500-699 0.0%
$700-899 0.2%
$900-999 0.3%
$1,000-1,499 39.3%
>=$1,500 60.2%
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 $2,586 would therefore be considered affordable for annual household incomes greater than $103,440 (12 months x 3.333 x $2,586).

Rent % Affordability
Above $500 81.5%
Above $700 75.5%
Above $1,100 56.3%
Above $1,500 46.1%
Above $1,900 35.7%
HOUSEHOLD INCOME RANGE

Approximately 256 of households in this neighborhood have a total annual income of $103,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,586 per month.

MINIMUM INCOME RANGE : $103,440

Income % Distribution
<$20K 18.5%
$20K-$35K 14.9%
$35K-$60K 20.4%
$60K-$100K 22.9%
>=$100K 23.3%
COMMUTE TIME DISTRIBUTION

60% of the working population has a commute time of 15 to 44 minutes, 29% has a commute time of 14 minutes or less and 10% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 7.0%
5-9 mins 9.8%
10-14 mins 12.3%
15-19 mins 15.9%
20-29 mins 32.1%
30-44 mins 12.4%
45-59 mins 4.9%
>60 mins 5.5%

ADAMS Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 9.6%
Construction 9.0%
Educational Services 10.6%
Health Care & Social Assistance 15.3%
Manufacturing 11.3%
Retail & Wholesale Trader 14.7%
Other 29.4%
AGE DISTRIBUTION

48% of the population is between the ages of 25 and 64, 33% is 24 or younger and 19% is 65 or older.

Age % Distribution
<15 20.8%
15-19 6.9%
20-24 5.5%
25-44 22.6%
45-65 25.5%
66+ 18.7%
OCCUPATION

Occupation % Distribution
Construction 4.5%
Healthcare 6.0%
Management, Business, & Financial 16.3%
Natural Resources Maintenance 14.6%
Production & Transportation 8.7%
Sales & Office 28.4%
Other 21.5%
HIGHEST EDUCATION LEVEL

23% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 13.7%
High School 37.8%
Masters Degree 7.2%
Some College 16.9%
Some High School 10.1%
Other 14.2%

14231 County Route 123 Comps

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14231 County Route 123, Adams, NY 13605 is a single family home of 3,232 sqft. HomeUnion INVESTimateĀ® for 14231 County Route 123 includes a Price Estimate of $821,060 and a Rent Estimate of $2,586. This single family home has 7 bedrooms,5 bathrooms, and was built in 1922. This property has an estimated 15 year annualized Yield of 3.78% and Total Return of 7.93%. The estimated 1 year forecast in home value for 14231 County Route 123 is 2.35%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NY , JEFFERSON County , or the 13605 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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