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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

1609 Christy Hill Road U-8 Olympic Valley, CA 96146

2 Beds 2 Baths 993 sqft Built 1980
Last updated:  Jan 23, 2020

INVESTimate

$590,497

$503K - $678K

Price Est.

$1,837

$1.7K - $2.0K

Rent Est.

$612,286  ( +3.69%)   1 YR EST. FORECAST
  
  
  

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1609 Christy Hill Road U-8 PROPERTY INFO

FACTS
  • Built In 1980
  • Price/Sqft : $594.66
CONSTRUCTION
  • Beds : 2
  • Floor Size : 993 sqft
  • Baths : 2 Full

1609 Christy Hill Road U-8 SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
NORTH TAHOE MIDDLE SCHOOL Primary Regular 513 22 8
NORTH TAHOE MIDDLE SCHOOL Middle Regular 513 22 8
NORTH TAHOE HIGH SCHOOL High Regular 320 19 8

NORTH TAHOE MIDDLE SCHOOL

  • Education Level: Primary
  • # of students: 513
  • # of teachers: 22
8
GreatSchools Rating

NORTH TAHOE MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 513
  • # of teachers: 22
8
GreatSchools Rating

NORTH TAHOE HIGH SCHOOL

  • Education Level: High
  • # of students: 320
  • # of teachers: 19
8
GreatSchools Rating
 

Financial Details

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Neighborhood

OLYMPIC VALLEY

  • 1,010

    POPULATION
  • 476

    HOUSEHOLDS
  • 83.8%

    WHITE COLLAR

Neighborhood : OLYMPIC VALLEY

HOUSEHOLDS
476
POPULATION

1,010

31.1%Renters
68.9%Home Owners
LABOR FORCE

 

83.8%White Collar
16.2%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 78% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,837 per month.

MY RENT : $1,837 MEDIAN RENT : $2,013

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 21.8%
>=$1,500 78.2%
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 $1,837 would therefore be considered affordable for annual household incomes greater than $73,480 (12 months x 3.333 x $1,837).

Rent % Affordability
Above $500 86.7%
Above $700 74.4%
Above $1,100 67.4%
Above $1,500 59.5%
Above $1,900 43.0%
HOUSEHOLD INCOME RANGE

Approximately 190 of households in this neighborhood have a total annual income of $73,480 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,837 per month.

MINIMUM INCOME RANGE : $73,480

Income % Distribution
<$20K 13.3%
$20K-$35K 13.7%
$35K-$60K 13.5%
$60K-$100K 26.4%
>=$100K 33.1%
COMMUTE TIME DISTRIBUTION

55% of the working population has a commute time of 15 to 44 minutes, 36% has a commute time of 14 minutes or less and 9% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.8%
5-9 mins 11.5%
10-14 mins 19.8%
15-19 mins 4.6%
20-29 mins 37.3%
30-44 mins 13.3%
45-59 mins 5.9%
>60 mins 2.8%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 78% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,837 per month.

MY RENT : $1,837 MEDIAN RENT : $2,013

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 21.8%
>=$1,500 78.2%
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 $1,837 would therefore be considered affordable for annual household incomes greater than $73,480 (12 months x 3.333 x $1,837).

Rent % Affordability
Above $500 86.7%
Above $700 74.4%
Above $1,100 67.4%
Above $1,500 59.5%
Above $1,900 43.0%
HOUSEHOLD INCOME RANGE

Approximately 190 of households in this neighborhood have a total annual income of $73,480 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,837 per month.

MINIMUM INCOME RANGE : $73,480

Income % Distribution
<$20K 13.3%
$20K-$35K 13.7%
$35K-$60K 13.5%
$60K-$100K 26.4%
>=$100K 33.1%
COMMUTE TIME DISTRIBUTION

55% of the working population has a commute time of 15 to 44 minutes, 36% has a commute time of 14 minutes or less and 9% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.8%
5-9 mins 11.5%
10-14 mins 19.8%
15-19 mins 4.6%
20-29 mins 37.3%
30-44 mins 13.3%
45-59 mins 5.9%
>60 mins 2.8%

OLYMPIC VALLEY Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 24.6%
Construction 10.2%
Educational Services 6.6%
Health Care & Social Assistance 10.7%
Real Estate 10.7%
Retail & Wholesale Trader 19.7%
Other 17.5%
AGE DISTRIBUTION

53% of the population is between the ages of 25 and 64, 24% is 24 or younger and 23% is 65 or older.

Age % Distribution
<15 14.4%
15-19 2.9%
20-24 6.6%
25-44 18.9%
45-65 34.6%
66+ 22.7%
OCCUPATION

Occupation % Distribution
Computer Engineering 4.2%
Construction 11.5%
Healthcare 10.1%
Management, Business, & Financial 25.4%
Natural Resources Maintenance 8.2%
Sales & Office 34.6%
Other 5.9%
HIGHEST EDUCATION LEVEL

33% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 9.8%
High School 7.4%
Masters Degree 8.9%
Professional 10.6%
Some College 24.1%
Other 39.2%

1609 Christy Hill Road U-8 Comps

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1609 Christy Hill Road U-8, Olympic Valley, CA 96146 is a single family home of 993 sqft. HomeUnion INVESTimateĀ® for 1609 Christy Hill Road U-8 includes a Price Estimate of $590,497 and a Rent Estimate of $1,837. This single family home has 2 bedrooms,2 bathrooms, and was built in 1980. This property has an estimated 15 year annualized Yield of 3.73% and Total Return of 11.75%. The estimated 1 year forecast in home value for 1609 Christy Hill Road U-8 is 3.69%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in CA , PLACER County , or the 96146 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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Nearest zipcodes within 2 miles

  1. 94506
  2. 94941
  3. 95959
  4. 95033
  5. 96145