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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

143 Oak Island Rd Harrells, NC 28444

0 Beds 0 Baths 1,549 sqft Built 2005
Last updated:  Jan 23, 2020

INVESTimate

$291,526

$267K - $316K

Price Est.

$1,105

965 - $1.2K

Rent Est.

$273,335  ( -6.24%)   1 YR EST. FORECAST
  
  
  

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143 Oak Island Rd PROPERTY INFO

FACTS
  • Built In 2005
  • Price/Sqft : $188.20
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,549 sqft
  • Baths : 0 Full

143 Oak Island Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
BLADEN LAKES PRIMARY SCHOOL Primary Regular 347 22 NA
ELIZABETHTOWN MIDDLE SCHOOL Middle Regular 418 31 NA
EAST BLADEN HIGH SCHOOL High Regular 717 53 NA

BLADEN LAKES PRIMARY SCHOOL

  • Education Level: Primary
  • # of students: 347
  • # of teachers: 22
-1
GreatSchools Rating

ELIZABETHTOWN MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 418
  • # of teachers: 31
-1
GreatSchools Rating

EAST BLADEN HIGH SCHOOL

  • Education Level: High
  • # of students: 717
  • # of teachers: 53
-1
GreatSchools Rating
 

Financial Details

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Neighborhood

HARRELLS

  • 1,964

    POPULATION
  • 824

    HOUSEHOLDS
  • 44.7%

    WHITE COLLAR

Neighborhood : HARRELLS

HOUSEHOLDS
824
POPULATION

1,964

10.9%Renters
89.1%Home Owners
LABOR FORCE

 

44.7%White Collar
55.3%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 22% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,105 per month.

MY RENT : $1,105 MEDIAN RENT : $827

Rent % Distribution LEVEL
$500-699 8.8%
$700-899 53.5%
$900-999 11.1%
$1,000-1,499 21.7%
>=$1,500 4.8%
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 $1,105 would therefore be considered affordable for annual household incomes greater than $44,200 (12 months x 3.333 x $1,105).

Rent % Affordability
Above $500 79.1%
Above $700 72.2%
Above $1,100 51.2%
Above $1,500 32.1%
Above $1,900 20.5%
HOUSEHOLD INCOME RANGE

Approximately 341 of households in this neighborhood have a total annual income of $44,200 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,105 per month.

MINIMUM INCOME RANGE : $44,200

Income % Distribution
<$20K 20.9%
$20K-$35K 12.7%
$35K-$60K 34.3%
$60K-$100K 24.3%
>=$100K 7.9%
COMMUTE TIME DISTRIBUTION

46% of the working population has a commute time of 15 to 44 minutes, 30% has a commute time of 14 minutes or less and 24% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 11.6%
5-9 mins 11.2%
10-14 mins 7.0%
15-19 mins 11.2%
20-29 mins 13.3%
30-44 mins 21.3%
45-59 mins 12.6%
>60 mins 11.8%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 22% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,105 per month.

MY RENT : $1,105 MEDIAN RENT : $827

Rent % Distribution
$500-699 8.8%
$700-899 53.5%
$900-999 11.1%
$1,000-1,499 21.7%
>=$1,500 4.8%
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 $1,105 would therefore be considered affordable for annual household incomes greater than $44,200 (12 months x 3.333 x $1,105).

Rent % Affordability
Above $500 79.1%
Above $700 72.2%
Above $1,100 51.2%
Above $1,500 32.1%
Above $1,900 20.5%
HOUSEHOLD INCOME RANGE

Approximately 341 of households in this neighborhood have a total annual income of $44,200 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,105 per month.

MINIMUM INCOME RANGE : $44,200

Income % Distribution
<$20K 20.9%
$20K-$35K 12.7%
$35K-$60K 34.3%
$60K-$100K 24.3%
>=$100K 7.9%
COMMUTE TIME DISTRIBUTION

46% of the working population has a commute time of 15 to 44 minutes, 30% has a commute time of 14 minutes or less and 24% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 11.6%
5-9 mins 11.2%
10-14 mins 7.0%
15-19 mins 11.2%
20-29 mins 13.3%
30-44 mins 21.3%
45-59 mins 12.6%
>60 mins 11.8%

HARRELLS Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 32.7%
Construction 7.7%
Health Care & Social Assistance 10.3%
Manufacturing 10.6%
Retail & Wholesale Trader 13.5%
Transportation 6.4%
Other 18.8%
AGE DISTRIBUTION

55% of the population is between the ages of 25 and 64, 27% is 24 or younger and 18% is 65 or older.

Age % Distribution
<15 15.0%
15-19 4.1%
20-24 8.0%
25-44 17.0%
45-65 37.8%
66+ 18.2%
OCCUPATION

Occupation % Distribution
Computer Engineering 7.6%
Healthcare 5.9%
Management, Business, & Financial 17.6%
Natural Resources Maintenance 32.6%
Production & Transportation 18.3%
Sales & Office 10.1%
Other 7.9%
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 14.3%
Doctorate 1.8%
High School 39.1%
Some College 17.1%
Some High School 22.8%
Other 4.8%

143 Oak Island Rd Comps

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143 Oak Island Rd, Harrells, NC 28444 is a single family home of 1,549 sqft. HomeUnion INVESTimateĀ® for 143 Oak Island Rd includes a Price Estimate of $291,526 and a Rent Estimate of $1,105. This single family home has 0 bedrooms,0 bathrooms, and was built in 2005. This property has an estimated 15 year annualized Yield of 4.55% and Total Return of -2.12%. The estimated 1 year forecast in home value for 143 Oak Island Rd is -6.24%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NC , BLADEN County , or the 28444 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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