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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

185 Church Rd Great Diamond Island, ME 04109

2 Beds 1 Baths 1,326 sqft Built 1900
Last updated:  Oct 23, 2019

INVESTimate

$324,401

$297K - $352K

Price Est.

$2,112

$1.9K - $2.3K

Rent Est.

$340,589  ( +4.99%)   1 YR EST. FORECAST
  
  
  

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185 Church Rd PROPERTY INFO

FACTS
  • Built In 1900
  • Price/Sqft : $244.65
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,326 sqft
  • Baths : 1 Full

185 Church Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
CLIFF ISLAND ELEMENTARY SCHOOL Primary Regular 4 1 NA
KING MIDDLE SCHOOL Middle Regular 540 52 6
CASCO BAY HIGH SCHOOL High Regular 275 20 7

CLIFF ISLAND ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 4
  • # of teachers: 1
0
GreatSchools Rating

KING MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 540
  • # of teachers: 52
6
GreatSchools Rating

CASCO BAY HIGH SCHOOL

  • Education Level: High
  • # of students: 275
  • # of teachers: 20
7
GreatSchools Rating
 

Financial Details

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Neighborhood

Cliff Island

  • 50

    POPULATION
  • 28

    HOUSEHOLDS
  • 66.2%

    WHITE COLLAR

Neighborhood : Cliff Island

HOUSEHOLDS
28
POPULATION

50

14.3%Renters
85.7%Home Owners
LABOR FORCE

 

66.2%White Collar
33.8%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 86% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,112 per month.

MY RENT : $2,112 MEDIAN RENT : $2,074

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.6%
$1,000-1,499 13.6%
>=$1,500 85.7%
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 $2,112 would therefore be considered affordable for annual household incomes greater than $84,480 (12 months x 3.333 x $2,112).

Rent % Affordability
Above $500 84.6%
Above $700 73.8%
Above $1,100 51.5%
Above $1,500 38.5%
Above $1,900 22.6%
HOUSEHOLD INCOME RANGE

Approximately 4 of households in this neighborhood have a total annual income of $84,480 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,112 per month.

MINIMUM INCOME RANGE : $84,480

Income % Distribution
<$20K 15.4%
$20K-$35K 19.2%
$35K-$60K 26.9%
$60K-$100K 26.9%
>=$100K 11.5%
COMMUTE TIME DISTRIBUTION

17% of the working population has a commute time of 15 to 44 minutes, 44% has a commute time of 14 minutes or less and 39% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 11.1%
5-9 mins 22.2%
10-14 mins 11.1%
15-19 mins 11.1%
20-29 mins 5.6%
30-44 mins 0.0%
45-59 mins 11.1%
>60 mins 27.8%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 86% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,112 per month.

MY RENT : $2,112 MEDIAN RENT : $2,074

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.6%
$1,000-1,499 13.6%
>=$1,500 85.7%
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 $2,112 would therefore be considered affordable for annual household incomes greater than $84,480 (12 months x 3.333 x $2,112).

Rent % Affordability
Above $500 84.6%
Above $700 73.8%
Above $1,100 51.5%
Above $1,500 38.5%
Above $1,900 22.6%
HOUSEHOLD INCOME RANGE

Approximately 4 of households in this neighborhood have a total annual income of $84,480 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,112 per month.

MINIMUM INCOME RANGE : $84,480

Income % Distribution
<$20K 15.4%
$20K-$35K 19.2%
$35K-$60K 26.9%
$60K-$100K 26.9%
>=$100K 11.5%
COMMUTE TIME DISTRIBUTION

17% of the working population has a commute time of 15 to 44 minutes, 44% has a commute time of 14 minutes or less and 39% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 11.1%
5-9 mins 22.2%
10-14 mins 11.1%
15-19 mins 11.1%
20-29 mins 5.6%
30-44 mins 0.0%
45-59 mins 11.1%
>60 mins 27.8%

Cliff Island Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 14.3%
Educational Services 14.3%
Health Care & Social Assistance 9.5%
Professional & Scientific Tech Services 14.3%
Retail & Wholesale Trader 14.3%
Transportation 9.5%
Other 23.8%
AGE DISTRIBUTION

48% of the population is between the ages of 25 and 64, 12% is 24 or younger and 40% is 65 or older.

Age % Distribution
<15 8.0%
15-19 2.0%
20-24 2.0%
25-44 10.0%
45-65 38.0%
66+ 40.0%
OCCUPATION

Occupation % Distribution
Computer Engineering 18.2%
Construction 9.1%
Management, Business, & Financial 18.2%
Natural Resources Maintenance 18.2%
Production & Transportation 18.2%
Sales & Office 18.2%
Other -0.0%
HIGHEST EDUCATION LEVEL

20% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 9.1%
High School 27.3%
Masters Degree 9.1%
Some College 20.5%
Some High School 2.3%
Other 31.8%

185 Church Rd Comps

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185 Church Rd, Great Diamond Island, ME 04109 is a single family home of 1,326 sqft. HomeUnion INVESTimateĀ® for 185 Church Rd includes a Price Estimate of $324,401 and a Rent Estimate of $2,112. This single family home has 2 bedrooms,1 bathrooms, and was built in 1900. This property has an estimated 15 year annualized Yield of 7.81% and Total Return of 14.41%. The estimated 1 year forecast in home value for 185 Church Rd is 4.99%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in ME , CUMBERLAND County , or the 04109 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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Nearest zipcodes within 2 miles

  1. 04019
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