1524 Oyster Cv PROPERTY INFO
FACTS
- Built In 1981
- Price/Sqft : $258.52
CONSTRUCTION
- Beds : 3
- Floor Size : 1,378 sqft
- Baths : 2 Full
PROPERTY DESCRIPTION
1524 Oyster Cv, Sylvan Beach, NY 13157 is a single family home of 1,378 sqft. HomeUnion estimate for 1524 Oyster Cv includes a Price Estimate of $356,241 and a Rent Estimate of $2,029. This single family home has 3 bedrooms, 2 bathrooms, and was built in 1981. This property has an estimated 15 year annualized Yield of 6.83% and Total Return of 2.20%. The estimated 1 year forecast in home value for 1524 Oyster Cv is 3.61%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
1524 Oyster Cv SCHOOLS
Financial Details
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SYLVAN BEACH
Neighborhood : SYLVAN BEACH
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 15% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,029 per month.
MY RENT : $2,029 MEDIAN RENT : $1,107
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 $2,029 would therefore be considered affordable for annual household incomes greater than $81,160 (12 months x 3.333 x $2,029).
HOUSEHOLD INCOME RANGE
Approximately 22 of households in this neighborhood have a total annual income of $81,160 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,029 per month.
MINIMUM INCOME RANGE : $81,160
COMMUTE TIME DISTRIBUTION
85% of the working population has a commute time of 15 to 44 minutes, 5% has a commute time of 14 minutes or less and 10% has a commute time of 45 minutes or longer.
SYLVAN BEACH Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 17.7% |
Construction | 4.2% |
Health Care & Social Assistance | 9.4% |
Manufacturing | 18.8% |
Public Administration | 9.4% |
Retail & Wholesale Trader | 20.8% |
Other | 19.8% |
AGE DISTRIBUTION
50% of the population is between the ages of 25 and 64, 18% is 24 or younger and 32% is 65 or older.
Age | % Distribution |
---|---|
<15 | 11.4% |
15-19 | 5.4% |
20-24 | 1.5% |
25-44 | 12.3% |
45-65 | 37.5% |
66+ | 31.8% |
OCCUPATION
Occupation | % Distribution |
---|---|
Clean | 10.8% |
Healthcare | 6.0% |
Management, Business, & Financial | 20.5% |
Production & Transportation | 21.7% |
Sales & Office | 26.5% |
Social | 4.8% |
Other | 9.6% |
HIGHEST EDUCATION LEVEL
11% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 8.0% |
High School | 38.1% |
Professional | 1.7% |
Some College | 22.1% |
Some High School | 18.0% |
Other | 12.1% |
1524 Oyster Cv Comps
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