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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

160 Mill Rd North Hampton, NH 03862

3 Beds 4 Baths 4,836 sqft Built 1967
Last updated:  Oct 23, 2019

INVESTimate

$1,131,248

$1.05M - $1.21M

Price Est.

$2,570

$2.3K - $2.9K

Rent Est.

$1,188,602  ( +5.07%)   1 YR EST. FORECAST
  
  
  

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160 Mill Rd PROPERTY INFO

FACTS
  • Built In 1967
  • Price/Sqft : $233.92
CONSTRUCTION
  • Beds : 3
  • Floor Size : 4,836 sqft
  • Baths : 3 Full 1 Half

160 Mill Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
NORTH HAMPTON ELEMENTARY SCHOOL Primary Regular 468 43 NA
NORTH HAMPTON ELEMENTARY SCHOOL Middle Regular 468 43 NA

NORTH HAMPTON ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 468
  • # of teachers: 43
-1
GreatSchools Rating

NORTH HAMPTON ELEMENTARY SCHOOL

  • Education Level: Middle
  • # of students: 468
  • # of teachers: 43
-1
GreatSchools Rating
 

Financial Details

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Neighborhood

NORTH HAMPTON

  • 4,434

    POPULATION
  • 1,752

    HOUSEHOLDS
  • 76.9%

    WHITE COLLAR

Neighborhood : NORTH HAMPTON

HOUSEHOLDS
1,752
POPULATION

4,434

11.8%Renters
88.2%Home Owners
LABOR FORCE

 

76.9%White Collar
23.1%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 98% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,570 per month.

MY RENT : $2,570 MEDIAN RENT : $2,551

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 1.9%
>=$1,500 98.1%
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 $2,570 would therefore be considered affordable for annual household incomes greater than $102,800 (12 months x 3.333 x $2,570).

Rent % Affordability
Above $500 94.7%
Above $700 91.6%
Above $1,100 86.6%
Above $1,500 75.9%
Above $1,900 65.7%
HOUSEHOLD INCOME RANGE

Approximately 549 of households in this neighborhood have a total annual income of $102,800 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,570 per month.

MINIMUM INCOME RANGE : $102,800

Income % Distribution
<$20K 5.3%
$20K-$35K 6.5%
$35K-$60K 12.3%
$60K-$100K 22.5%
>=$100K 53.3%
COMMUTE TIME DISTRIBUTION

50% of the working population has a commute time of 15 to 44 minutes, 29% has a commute time of 14 minutes or less and 20% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 6.2%
5-9 mins 13.5%
10-14 mins 9.8%
15-19 mins 18.4%
20-29 mins 17.5%
30-44 mins 14.4%
45-59 mins 8.4%
>60 mins 11.9%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 98% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,570 per month.

MY RENT : $2,570 MEDIAN RENT : $2,551

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 1.9%
>=$1,500 98.1%
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 $2,570 would therefore be considered affordable for annual household incomes greater than $102,800 (12 months x 3.333 x $2,570).

Rent % Affordability
Above $500 94.7%
Above $700 91.6%
Above $1,100 86.6%
Above $1,500 75.9%
Above $1,900 65.7%
HOUSEHOLD INCOME RANGE

Approximately 549 of households in this neighborhood have a total annual income of $102,800 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,570 per month.

MINIMUM INCOME RANGE : $102,800

Income % Distribution
<$20K 5.3%
$20K-$35K 6.5%
$35K-$60K 12.3%
$60K-$100K 22.5%
>=$100K 53.3%
COMMUTE TIME DISTRIBUTION

50% of the working population has a commute time of 15 to 44 minutes, 29% has a commute time of 14 minutes or less and 20% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 6.2%
5-9 mins 13.5%
10-14 mins 9.8%
15-19 mins 18.4%
20-29 mins 17.5%
30-44 mins 14.4%
45-59 mins 8.4%
>60 mins 11.9%

NORTH HAMPTON Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 9.8%
Educational Services 7.2%
Health Care & Social Assistance 13.4%
Manufacturing 9.6%
Professional & Scientific Tech Services 10.5%
Retail & Wholesale Trader 17.7%
Other 31.8%
AGE DISTRIBUTION

56% of the population is between the ages of 25 and 64, 24% is 24 or younger and 21% is 65 or older.

Age % Distribution
<15 14.5%
15-19 5.6%
20-24 3.4%
25-44 19.8%
45-65 35.8%
66+ 20.8%
OCCUPATION

Occupation % Distribution
Computer Engineering 5.1%
Healthcare 5.3%
Management, Business, & Financial 31.3%
Natural Resources Maintenance 5.5%
Production & Transportation 11.8%
Sales & Office 25.8%
Other 15.2%
HIGHEST EDUCATION LEVEL

28% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 7.0%
High School 18.4%
Masters Degree 16.2%
Professional 4.0%
Some College 20.0%
Other 34.5%

160 Mill Rd Comps

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160 Mill Rd, North Hampton, NH 03862 is a single family home of 4,836 sqft. HomeUnion INVESTimateĀ® for 160 Mill Rd includes a Price Estimate of $1,131,248 and a Rent Estimate of $2,570. This single family home has 3 bedrooms,4 bathrooms, and was built in 1967. This property has an estimated 15 year annualized Yield of 2.73% and Total Return of 7.14%. The estimated 1 year forecast in home value for 160 Mill Rd is 5.07%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NH , ROCKINGHAM County , or the 03862 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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