INVESTimate
$98,702
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165 Wemple Rd PROPERTY INFO
FACTS
- Built In 1969
- Price/Sqft : $149.71
CONSTRUCTION
- Beds : 4
- Floor Size : 2,198 sqft
- Baths : 2 Full 1 Half
165 Wemple Rd SCHOOLS
Financial Details
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GLENMONT
Neighborhood : GLENMONT
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 99% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,950 per month.
MY RENT : $2,950 MEDIAN RENT : $2,786
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 $2,950 would therefore be considered affordable for annual household incomes greater than $118,000 (12 months x 3.333 x $2,950).
HOUSEHOLD INCOME RANGE
Approximately 659 of households in this neighborhood have a total annual income of $118,000 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,950 per month.
MINIMUM INCOME RANGE : $118,000
COMMUTE TIME DISTRIBUTION
71% of the working population has a commute time of 15 to 44 minutes, 23% has a commute time of 14 minutes or less and 7% has a commute time of 45 minutes or longer.
GLENMONT Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 7.7% |
Educational Services | 16.4% |
Health Care & Social Assistance | 14.3% |
Manufacturing | 7.3% |
Public Administration | 15.2% |
Retail & Wholesale Trader | 13.4% |
Other | 25.8% |
AGE DISTRIBUTION
52% of the population is between the ages of 25 and 64, 34% is 24 or younger and 14% is 65 or older.
Age | % Distribution |
---|---|
<15 | 20.6% |
15-19 | 7.2% |
20-24 | 6.4% |
25-44 | 21.0% |
45-65 | 31.1% |
66+ | 13.8% |
OCCUPATION
Occupation | % Distribution |
---|---|
Computer Engineering | 16.8% |
Construction | 7.6% |
Healthcare | 8.4% |
Management, Business, & Financial | 23.8% |
Natural Resources Maintenance | 5.2% |
Sales & Office | 19.3% |
Other | 18.9% |
HIGHEST EDUCATION LEVEL
46% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 10.6% |
High School | 17.0% |
Masters Degree | 21.9% |
Professional | 7.5% |
Some College | 13.3% |
Other | 29.7% |
165 Wemple Rd Comps
165 Wemple Rd, Glenmont, NY 12077 is a single family home of 2,198 sqft. HomeUnion INVESTimateĀ® for 165 Wemple Rd includes a Price Estimate of $329,064 and a Rent Estimate of $2,950. This single family home has 4 bedrooms,3 bathrooms, and was built in 1969. This property has an estimated 15 year annualized Yield of 10.76% and Total Return of 24.44%. The estimated 1 year forecast in home value for 165 Wemple Rd is 2.63%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NY , ALBANY County , or the 12077 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2