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1601 Humphrey Rd PROPERTY INFO
FACTS
- Built In 2016
- Price/Sqft : $84.86
CONSTRUCTION
- Beds : 3
- Floor Size : 1,848 sqft
- Baths : 2 Full 1 Half
1601 Humphrey Rd SCHOOLS
Financial Details
See Financial Details
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HUBBARDSVILLE
Neighborhood : HUBBARDSVILLE
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 55% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,452 per month.
MY RENT : $2,452 MEDIAN RENT : $1,534
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 $2,452 would therefore be considered affordable for annual household incomes greater than $98,080 (12 months x 3.333 x $2,452).
HOUSEHOLD INCOME RANGE
Approximately 71 of households in this neighborhood have a total annual income of $98,080 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,452 per month.
MINIMUM INCOME RANGE : $98,080
COMMUTE TIME DISTRIBUTION
48% of the working population has a commute time of 15 to 44 minutes, 39% has a commute time of 14 minutes or less and 13% has a commute time of 45 minutes or longer.
HUBBARDSVILLE Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 8.4% |
Educational Services | 22.1% |
Financial Industries | 7.9% |
Health Care & Social Assistance | 12.7% |
Manufacturing | 8.4% |
Retail & Wholesale Trader | 10.9% |
Other | 29.7% |
AGE DISTRIBUTION
52% of the population is between the ages of 25 and 64, 30% is 24 or younger and 18% is 65 or older.
Age | % Distribution |
---|---|
<15 | 15.4% |
15-19 | 7.4% |
20-24 | 7.3% |
25-44 | 22.0% |
45-65 | 30.3% |
66+ | 17.6% |
OCCUPATION
Occupation | % Distribution |
---|---|
Construction | 11.0% |
Healthcare | 12.0% |
Management, Business, & Financial | 12.4% |
Natural Resources Maintenance | 14.1% |
Production & Transportation | 9.9% |
Sales & Office | 19.4% |
Other | 21.2% |
HIGHEST EDUCATION LEVEL
30% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 10.8% |
High School | 30.6% |
Masters Degree | 10.1% |
Some College | 12.1% |
Some High School | 7.0% |
Other | 29.4% |
1601 Humphrey Rd Comps
1601 Humphrey Rd, Hubbardsville, NY 13355 is a single family home of 1,848 sqft. HomeUnion INVESTimateĀ® for 1601 Humphrey Rd includes a Price Estimate of $156,827 and a Rent Estimate of $2,452. This single family home has 3 bedrooms,3 bathrooms, and was built in 2016. This property has an estimated 15 year annualized Yield of 18.76% and Total Return of 45.08%. The estimated 1 year forecast in home value for 1601 Humphrey Rd is 2.11%.
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