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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

189 County Highway 59 Cooperstown, NY 13326

5 Beds 1 Baths 1,908 sqft Built 1850
Last updated:  Jan 23, 2020

INVESTimate

$240,998

$226K - $256K

Price Est.

$1,465

$1.2K - $1.7K

Rent Est.

$236,756  ( -1.76%)   1 YR EST. FORECAST
  
  
  

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189 County Highway 59 PROPERTY INFO

FACTS
  • Built In 1850
  • Price/Sqft : $126.31
CONSTRUCTION
  • Beds : 5
  • Floor Size : 1,908 sqft
  • Baths : 1 Full

189 County Highway 59 SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
COOPERSTOWN ELEMENTARY SCHOOL Primary Regular 459 34 8
COOPERSTOWN ELEMENTARY SCHOOL Middle Regular 459 34 8

COOPERSTOWN ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 459
  • # of teachers: 34
8
GreatSchools Rating

COOPERSTOWN ELEMENTARY SCHOOL

  • Education Level: Middle
  • # of students: 459
  • # of teachers: 34
8
GreatSchools Rating
 

Financial Details

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Neighborhood

COOPERSTOWN

  • 5,248

    POPULATION
  • 2,305

    HOUSEHOLDS
  • 68.8%

    WHITE COLLAR

Neighborhood : COOPERSTOWN

HOUSEHOLDS
2,305
POPULATION

5,248

27.3%Renters
72.7%Home Owners
LABOR FORCE

 

68.8%White Collar
31.2%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 59% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,465 per month.

MY RENT : $1,465 MEDIAN RENT : $1,579

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 2.0%
$900-999 1.9%
$1,000-1,499 39.8%
>=$1,500 56.4%
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 $1,465 would therefore be considered affordable for annual household incomes greater than $58,600 (12 months x 3.333 x $1,465).

Rent % Affordability
Above $500 87.2%
Above $700 79.3%
Above $1,100 64.9%
Above $1,500 50.1%
Above $1,900 39.8%
HOUSEHOLD INCOME RANGE

Approximately 1,165 of households in this neighborhood have a total annual income of $58,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,465 per month.

MINIMUM INCOME RANGE : $58,600

Income % Distribution
<$20K 12.8%
$20K-$35K 14.9%
$35K-$60K 22.2%
$60K-$100K 23.6%
>=$100K 26.4%
COMMUTE TIME DISTRIBUTION

36% of the working population has a commute time of 15 to 44 minutes, 55% 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 10.6%
5-9 mins 23.7%
10-14 mins 21.1%
15-19 mins 13.0%
20-29 mins 13.1%
30-44 mins 9.9%
45-59 mins 3.5%
>60 mins 5.1%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 59% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,465 per month.

MY RENT : $1,465 MEDIAN RENT : $1,579

Rent % Distribution
$500-699 0.0%
$700-899 2.0%
$900-999 1.9%
$1,000-1,499 39.8%
>=$1,500 56.4%
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 $1,465 would therefore be considered affordable for annual household incomes greater than $58,600 (12 months x 3.333 x $1,465).

Rent % Affordability
Above $500 87.2%
Above $700 79.3%
Above $1,100 64.9%
Above $1,500 50.1%
Above $1,900 39.8%
HOUSEHOLD INCOME RANGE

Approximately 1,165 of households in this neighborhood have a total annual income of $58,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,465 per month.

MINIMUM INCOME RANGE : $58,600

Income % Distribution
<$20K 12.8%
$20K-$35K 14.9%
$35K-$60K 22.2%
$60K-$100K 23.6%
>=$100K 26.4%
COMMUTE TIME DISTRIBUTION

36% of the working population has a commute time of 15 to 44 minutes, 55% 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 10.6%
5-9 mins 23.7%
10-14 mins 21.1%
15-19 mins 13.0%
20-29 mins 13.1%
30-44 mins 9.9%
45-59 mins 3.5%
>60 mins 5.1%

COOPERSTOWN Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 17.0%
Construction 7.8%
Educational Services 11.0%
Health Care & Social Assistance 30.8%
Professional & Scientific Tech Services 5.0%
Retail & Wholesale Trader 7.3%
Other 21.1%
AGE DISTRIBUTION

52% of the population is between the ages of 25 and 64, 23% is 24 or younger and 25% is 65 or older.

Age % Distribution
<15 11.2%
15-19 5.3%
20-24 6.5%
25-44 19.5%
45-65 32.8%
66+ 24.6%
OCCUPATION

Occupation % Distribution
Construction 8.3%
Education 7.5%
Healthcare 19.5%
Management, Business, & Financial 17.6%
Natural Resources Maintenance 10.7%
Sales & Office 16.3%
Other 20.2%
HIGHEST EDUCATION LEVEL

37% 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 23.9%
Masters Degree 15.1%
Professional 8.0%
Some College 14.6%
Other 27.8%

189 County Highway 59 Comps

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189 County Highway 59, Cooperstown, NY 13326 is a single family home of 1,908 sqft. HomeUnion INVESTimateĀ® for 189 County Highway 59 includes a Price Estimate of $240,998 and a Rent Estimate of $1,465. This single family home has 5 bedrooms,1 bathrooms, and was built in 1850. This property has an estimated 15 year annualized Yield of 7.29% and Total Return of 8.52%. The estimated 1 year forecast in home value for 189 County Highway 59 is -1.76%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NY , OTSEGO County , or the 13326 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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