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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

1501 Pine St Pen Argyl, PA 18072

2 Beds 1 Baths 1,032 sqft Built 1985
Last updated:  Jan 23, 2020

INVESTimate

$170,557

$165K - $176K

Price Est.

$1,161

$1.1K - $1.3K

Rent Est.

$173,610  ( +1.79%)   1 YR EST. FORECAST
  
  
  

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1501 Pine St PROPERTY INFO

FACTS
  • Built In 1985
  • Price/Sqft : $165.27
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,032 sqft
  • Baths : 1 Full

1501 Pine St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
BANGOR AREA HIGH SCHOOL High Regular 1,087 67 5

BANGOR AREA HIGH SCHOOL

  • Education Level: High
  • # of students: 1,087
  • # of teachers: 67
5
GreatSchools Rating
 

Financial Details

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Neighborhood

PEN ARGYL

  • 6,943

    POPULATION
  • 2,724

    HOUSEHOLDS
  • 60.6%

    WHITE COLLAR

Neighborhood : PEN ARGYL

HOUSEHOLDS
2,724
POPULATION

6,943

30.0%Renters
70.0%Home Owners
LABOR FORCE

 

60.6%White Collar
39.4%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 75% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,161 per month.

MY RENT : $1,161 MEDIAN RENT : $1,324

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.5%
$900-999 4.3%
$1,000-1,499 62.0%
>=$1,500 33.2%
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 $1,161 would therefore be considered affordable for annual household incomes greater than $46,440 (12 months x 3.333 x $1,161).

Rent % Affordability
Above $500 86.4%
Above $700 79.0%
Above $1,100 63.6%
Above $1,500 47.1%
Above $1,900 36.7%
HOUSEHOLD INCOME RANGE

Approximately 1,441 of households in this neighborhood have a total annual income of $46,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,161 per month.

MINIMUM INCOME RANGE : $46,440

Income % Distribution
<$20K 13.6%
$20K-$35K 13.6%
$35K-$60K 25.6%
$60K-$100K 24.8%
>=$100K 22.3%
COMMUTE TIME DISTRIBUTION

63% of the working population has a commute time of 15 to 44 minutes, 24% has a commute time of 14 minutes or less and 13% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 5.8%
5-9 mins 8.1%
10-14 mins 10.1%
15-19 mins 15.3%
20-29 mins 23.7%
30-44 mins 23.9%
45-59 mins 4.5%
>60 mins 8.5%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 75% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,161 per month.

MY RENT : $1,161 MEDIAN RENT : $1,324

Rent % Distribution
$500-699 0.0%
$700-899 0.5%
$900-999 4.3%
$1,000-1,499 62.0%
>=$1,500 33.2%
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 $1,161 would therefore be considered affordable for annual household incomes greater than $46,440 (12 months x 3.333 x $1,161).

Rent % Affordability
Above $500 86.4%
Above $700 79.0%
Above $1,100 63.6%
Above $1,500 47.1%
Above $1,900 36.7%
HOUSEHOLD INCOME RANGE

Approximately 1,441 of households in this neighborhood have a total annual income of $46,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,161 per month.

MINIMUM INCOME RANGE : $46,440

Income % Distribution
<$20K 13.6%
$20K-$35K 13.6%
$35K-$60K 25.6%
$60K-$100K 24.8%
>=$100K 22.3%
COMMUTE TIME DISTRIBUTION

63% of the working population has a commute time of 15 to 44 minutes, 24% has a commute time of 14 minutes or less and 13% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 5.8%
5-9 mins 8.1%
10-14 mins 10.1%
15-19 mins 15.3%
20-29 mins 23.7%
30-44 mins 23.9%
45-59 mins 4.5%
>60 mins 8.5%

PEN ARGYL Demographics

INDUSTRY

Industry % Distribution
Construction 7.8%
Educational Services 9.3%
Health Care & Social Assistance 16.9%
Manufacturing 10.6%
Retail & Wholesale Trader 19.2%
Transportation 6.1%
Other 30.1%
AGE DISTRIBUTION

51% of the population is between the ages of 25 and 64, 32% is 24 or younger and 17% is 65 or older.

Age % Distribution
<15 16.3%
15-19 6.7%
20-24 8.9%
25-44 22.9%
45-65 27.7%
66+ 17.4%
OCCUPATION

Occupation % Distribution
Construction 5.3%
Healthcare 11.2%
Management, Business, & Financial 14.1%
Natural Resources Maintenance 9.4%
Production & Transportation 16.4%
Sales & Office 21.8%
Other 21.9%
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 8.7%
High School 41.6%
Masters Degree 6.4%
Some College 15.8%
Some High School 10.9%
Other 16.5%

1501 Pine St Comps

Sorry, we do not have sufficient data available.

1501 Pine St, Pen Argyl, PA 18072 is a single family home of 1,032 sqft. HomeUnion INVESTimateĀ® for 1501 Pine St includes a Price Estimate of $170,557 and a Rent Estimate of $1,161. This single family home has 2 bedrooms,1 bathrooms, and was built in 1985. This property has an estimated 15 year annualized Yield of 8.17% and Total Return of -4.59%. The estimated 1 year forecast in home value for 1501 Pine St is 1.79%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in PA , NORTHAMPTON County , or the 18072 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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