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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

1504 Primrose Ln Kunkletown, PA 18058

3 Beds 1 Baths 1,288 sqft Built 1963
Last updated:  Dec 26, 2019

INVESTimate

$124,732

$117K - $132K

Price Est.

$1,252

$1.1K - $1.4K

Rent Est.

$130,956  ( +4.99%)   1 YR EST. FORECAST
  
  
  

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1504 Primrose Ln PROPERTY INFO

FACTS
  • Built In 1963
  • Price/Sqft : $96.84
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,288 sqft
  • Baths : 1 Full

1504 Primrose Ln SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
PLEASANT VALLEY ELEMENTARY SCHOOL Primary Regular 1,165 93 NA
PLEASANT VALLEY MIDDLE SCHOOL Middle Regular 984 79 6
PLEASANT VALLEY MIDDLE SCHOOL High Regular 984 79 6

PLEASANT VALLEY ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 1,165
  • # of teachers: 93
-1
GreatSchools Rating

PLEASANT VALLEY MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 984
  • # of teachers: 79
6
GreatSchools Rating

PLEASANT VALLEY MIDDLE SCHOOL

  • Education Level: High
  • # of students: 984
  • # of teachers: 79
6
GreatSchools Rating
 

Financial Details

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Neighborhood

KUNKLETOWN

  • 10,346

    POPULATION
  • 3,892

    HOUSEHOLDS
  • 54.5%

    WHITE COLLAR

Neighborhood : KUNKLETOWN

HOUSEHOLDS
3,892
POPULATION

10,346

10.2%Renters
89.8%Home Owners
LABOR FORCE

 

54.5%White Collar
45.5%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 52% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,252 per month.

MY RENT : $1,252 MEDIAN RENT : $1,223

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 5.4%
$900-999 13.1%
$1,000-1,499 59.5%
>=$1,500 22.0%
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 $1,252 would therefore be considered affordable for annual household incomes greater than $50,080 (12 months x 3.333 x $1,252).

Rent % Affordability
Above $500 83.5%
Above $700 77.1%
Above $1,100 63.3%
Above $1,500 52.1%
Above $1,900 38.3%
HOUSEHOLD INCOME RANGE

Approximately 2,151 of households in this neighborhood have a total annual income of $50,080 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,252 per month.

MINIMUM INCOME RANGE : $50,080

Income % Distribution
<$20K 16.5%
$20K-$35K 12.3%
$35K-$60K 19.1%
$60K-$100K 27.5%
>=$100K 24.6%
COMMUTE TIME DISTRIBUTION

45% of the working population has a commute time of 15 to 44 minutes, 17% has a commute time of 14 minutes or less and 38% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.1%
5-9 mins 7.9%
10-14 mins 6.5%
15-19 mins 9.3%
20-29 mins 12.3%
30-44 mins 22.8%
45-59 mins 16.1%
>60 mins 22.0%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 52% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,252 per month.

MY RENT : $1,252 MEDIAN RENT : $1,223

Rent % Distribution
$500-699 0.0%
$700-899 5.4%
$900-999 13.1%
$1,000-1,499 59.5%
>=$1,500 22.0%
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 $1,252 would therefore be considered affordable for annual household incomes greater than $50,080 (12 months x 3.333 x $1,252).

Rent % Affordability
Above $500 83.5%
Above $700 77.1%
Above $1,100 63.3%
Above $1,500 52.1%
Above $1,900 38.3%
HOUSEHOLD INCOME RANGE

Approximately 2,151 of households in this neighborhood have a total annual income of $50,080 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,252 per month.

MINIMUM INCOME RANGE : $50,080

Income % Distribution
<$20K 16.5%
$20K-$35K 12.3%
$35K-$60K 19.1%
$60K-$100K 27.5%
>=$100K 24.6%
COMMUTE TIME DISTRIBUTION

45% of the working population has a commute time of 15 to 44 minutes, 17% has a commute time of 14 minutes or less and 38% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.1%
5-9 mins 7.9%
10-14 mins 6.5%
15-19 mins 9.3%
20-29 mins 12.3%
30-44 mins 22.8%
45-59 mins 16.1%
>60 mins 22.0%

KUNKLETOWN Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 13.3%
Construction 8.9%
Educational Services 9.1%
Health Care & Social Assistance 10.5%
Manufacturing 11.9%
Retail & Wholesale Trader 16.8%
Other 29.4%
AGE DISTRIBUTION

56% 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 14.6%
15-19 5.5%
20-24 6.8%
25-44 23.4%
45-65 32.1%
66+ 17.6%
OCCUPATION

Occupation % Distribution
Construction 5.8%
Healthcare 9.3%
Management, Business, & Financial 11.7%
Natural Resources Maintenance 14.7%
Production & Transportation 17.7%
Sales & Office 20.1%
Other 20.7%
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 10.0%
High School 45.3%
Masters Degree 4.1%
Some College 17.1%
Some High School 10.2%
Other 13.2%

1504 Primrose Ln Comps

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1504 Primrose Ln, Kunkletown, PA 18058 is a single family home of 1,288 sqft. HomeUnion INVESTimateĀ® for 1504 Primrose Ln includes a Price Estimate of $124,732 and a Rent Estimate of $1,252. This single family home has 3 bedrooms,1 bathrooms, and was built in 1963. This property has an estimated 15 year annualized Yield of 12.05% and Total Return of 3.83%. The estimated 1 year forecast in home value for 1504 Primrose Ln is 4.99%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in PA , MONROE County , or the 18058 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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