Sell Your Property on INVESTimate

Easily ACcess a network of motivated buyers
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

...MORE

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

177 Stone Bridge Road Ext East Durham, NY 12423

3 Beds 2 Baths 960 sqft Built 1972
Last updated:  Nov 28, 2019

INVESTimate

$124,179

$117K - $132K

Price Est.

$1,552

$1.2K - $1.9K

Rent Est.

$129,630  ( +4.39%)   1 YR EST. FORECAST
  
  
  

The following properties with Estimated Highest Gross Yields are available in other markets.

  • 27440 N ALMA SCHOOL PARKWAY #33-2 Scottsdale, AZ
    • 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 ∙ 1units 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 ∙ 1units
    AVAILABLE
    • 15.68% GROSS YIELD
    • $13,349 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $225,000
    • $65,375
    • $2,940
  • 1206 WALES DRIVE Killeen, TX
    • 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units
    AVAILABLE
    • 15.00% GROSS YIELD
    • $10,795 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $160,000
    • $53,900
    • $2,000
  • 1092 Rebel Forest DRIVE Atlanta, GA
    • 3 beds 1 baths ∙ 960 Sqft ∙ Built 1990 3 beds 1 baths ∙ 960 Sqft ∙ Built 1990
    AVAILABLE
    • 14.18% GROSS YIELD
    • $10,195 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $110,000
    • $62,150
    • $1,300
  • 12448 ROYAL LAKE DRIVE Conroe, TX
    • 3 beds 2 baths ∙ 1,300 Sqft ∙ Built 1993 3 beds 2 baths ∙ 1,300 Sqft ∙ Built 1993
    AVAILABLE
    • 13.18% GROSS YIELD
    • $7,391 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $111,995
    • $35,429
    • $1,230

177 Stone Bridge Road Ext PROPERTY INFO

FACTS
  • Built In 1972
  • Price/Sqft : $129.35
CONSTRUCTION
  • Beds : 3
  • Floor Size : 960 sqft
  • Baths : 1 Full 1 Half

177 Stone Bridge Road Ext SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
CAIRO/DURHAM ELEMENTARY SCHOOL Primary Regular 451 35 NA
CAIRO-DURHAM MIDDLE SCHOOL Middle Regular 325 31 NA
CAIRO-DURHAM HIGH SCHOOL High Magnet 489 37 4

CAIRO/DURHAM ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 451
  • # of teachers: 35
-1
GreatSchools Rating

CAIRO-DURHAM MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 325
  • # of teachers: 31
-1
GreatSchools Rating

CAIRO-DURHAM HIGH SCHOOL

  • Education Level: High
  • # of students: 489
  • # of teachers: 37
4
GreatSchools Rating
 

Financial Details

See Financial Details

To review the detailed projections for this property, sign up for a FREE account

Already have an account?
Neighborhood

EAST DURHAM

  • 1,065

    POPULATION
  • 382

    HOUSEHOLDS
  • 58.9%

    WHITE COLLAR

Neighborhood : EAST DURHAM

HOUSEHOLDS
382
POPULATION

1,065

20.1%Renters
79.9%Home Owners
LABOR FORCE

 

58.9%White Collar
41.1%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 73% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,552 per month.

MY RENT : $1,552 MEDIAN RENT : $1,752

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.3%
$1,000-1,499 26.7%
>=$1,500 73.0%
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 $1,552 would therefore be considered affordable for annual household incomes greater than $62,080 (12 months x 3.333 x $1,552).

Rent % Affordability
Above $500 82.6%
Above $700 71.7%
Above $1,100 55.4%
Above $1,500 45.5%
Above $1,900 31.2%
HOUSEHOLD INCOME RANGE

Approximately 120 of households in this neighborhood have a total annual income of $62,080 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,552 per month.

MINIMUM INCOME RANGE : $62,080

Income % Distribution
<$20K 17.4%
$20K-$35K 18.2%
$35K-$60K 18.9%
$60K-$100K 22.6%
>=$100K 22.9%
COMMUTE TIME DISTRIBUTION

60% of the working population has a commute time of 15 to 44 minutes, 22% has a commute time of 14 minutes or less and 17% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.8%
5-9 mins 9.1%
10-14 mins 9.5%
15-19 mins 15.1%
20-29 mins 20.4%
30-44 mins 24.8%
45-59 mins 3.6%
>60 mins 13.7%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 73% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,552 per month.

MY RENT : $1,552 MEDIAN RENT : $1,752

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.3%
$1,000-1,499 26.7%
>=$1,500 73.0%
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 $1,552 would therefore be considered affordable for annual household incomes greater than $62,080 (12 months x 3.333 x $1,552).

Rent % Affordability
Above $500 82.6%
Above $700 71.7%
Above $1,100 55.4%
Above $1,500 45.5%
Above $1,900 31.2%
HOUSEHOLD INCOME RANGE

Approximately 120 of households in this neighborhood have a total annual income of $62,080 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,552 per month.

MINIMUM INCOME RANGE : $62,080

Income % Distribution
<$20K 17.4%
$20K-$35K 18.2%
$35K-$60K 18.9%
$60K-$100K 22.6%
>=$100K 22.9%
COMMUTE TIME DISTRIBUTION

60% of the working population has a commute time of 15 to 44 minutes, 22% has a commute time of 14 minutes or less and 17% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.8%
5-9 mins 9.1%
10-14 mins 9.5%
15-19 mins 15.1%
20-29 mins 20.4%
30-44 mins 24.8%
45-59 mins 3.6%
>60 mins 13.7%

EAST DURHAM Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 13.0%
Construction 8.8%
Educational Services 10.7%
Health Care & Social Assistance 11.3%
Manufacturing 8.0%
Retail & Wholesale Trader 16.8%
Other 31.5%
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 15.9%
15-19 7.5%
20-24 6.9%
25-44 22.1%
45-65 30.1%
66+ 17.6%
OCCUPATION

Occupation % Distribution
Computer Engineering 6.4%
Construction 9.0%
Management, Business, & Financial 12.5%
Natural Resources Maintenance 12.5%
Production & Transportation 17.4%
Sales & Office 23.5%
Other 18.8%
HIGHEST EDUCATION LEVEL

27% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 16.0%
High School 38.6%
Masters Degree 7.3%
Some College 14.8%
Some High School 7.0%
Other 16.4%

177 Stone Bridge Road Ext Comps

Sorry, we do not have sufficient data available.

177 Stone Bridge Road Ext, East Durham, NY 12423 is a single family home of 960 sqft. HomeUnion INVESTimateĀ® for 177 Stone Bridge Road Ext includes a Price Estimate of $124,179 and a Rent Estimate of $1,552. This single family home has 3 bedrooms,2 bathrooms, and was built in 1972. This property has an estimated 15 year annualized Yield of 15.00% and Total Return of 28.38%. The estimated 1 year forecast in home value for 177 Stone Bridge Road Ext is 4.39%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NY , GREENE County , or the 12423 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 12418
  2. 12413
  3. 12492
  4. 12422
  5. 12083