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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

2 Carpenter Pl Sea Cliff, NY 11579

0 Beds 2 Baths 1,212 sqft Built 1956
Last updated:  Jan 23, 2020

INVESTimate

$621,467

$601K - $642K

Price Est.

$3,694

$3.3K - $4.0K

Rent Est.

$637,749  ( +2.62%)   1 YR EST. FORECAST
  
  
  

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2 Carpenter Pl PROPERTY INFO

FACTS
  • Built In 1956
  • Price/Sqft : $512.76
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,212 sqft
  • Baths : 2 Full

2 Carpenter Pl SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
NORTH SHORE MIDDLE SCHOOL Middle Regular 726 67 NA
NORTH SHORE SENIOR HIGH SCHOOL High Regular 894 86 8

NORTH SHORE MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 726
  • # of teachers: 67
-1
GreatSchools Rating

NORTH SHORE SENIOR HIGH SCHOOL

  • Education Level: High
  • # of students: 894
  • # of teachers: 86
8
GreatSchools Rating
 

Financial Details

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Neighborhood

Sea Cliff

  • 5,015

    POPULATION
  • 1,930

    HOUSEHOLDS
  • 83.2%

    WHITE COLLAR

Neighborhood : Sea Cliff

HOUSEHOLDS
1,930
POPULATION

5,015

28.2%Renters
71.8%Home Owners
LABOR FORCE

 

83.2%White Collar
16.8%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 100% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $3,694 per month.

MY RENT : $3,694 MEDIAN RENT : $3,870

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.0%
>=$1,500 100.0%
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 $3,694 would therefore be considered affordable for annual household incomes greater than $147,760 (12 months x 3.333 x $3,694).

Rent % Affordability
Above $500 91.3%
Above $700 85.8%
Above $1,100 79.6%
Above $1,500 73.9%
Above $1,900 68.7%
HOUSEHOLD INCOME RANGE

Approximately 464 of households in this neighborhood have a total annual income of $147,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $3,694 per month.

MINIMUM INCOME RANGE : $147,760

Income % Distribution
<$20K 8.7%
$20K-$35K 7.8%
$35K-$60K 9.6%
$60K-$100K 15.2%
>=$100K 58.7%
COMMUTE TIME DISTRIBUTION

46% of the working population has a commute time of 15 to 44 minutes, 26% has a commute time of 14 minutes or less and 28% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.2%
5-9 mins 15.5%
10-14 mins 9.0%
15-19 mins 11.2%
20-29 mins 14.3%
30-44 mins 20.5%
45-59 mins 4.5%
>60 mins 23.9%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 100% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $3,694 per month.

MY RENT : $3,694 MEDIAN RENT : $3,870

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.0%
>=$1,500 100.0%
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 $3,694 would therefore be considered affordable for annual household incomes greater than $147,760 (12 months x 3.333 x $3,694).

Rent % Affordability
Above $500 91.3%
Above $700 85.8%
Above $1,100 79.6%
Above $1,500 73.9%
Above $1,900 68.7%
HOUSEHOLD INCOME RANGE

Approximately 464 of households in this neighborhood have a total annual income of $147,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $3,694 per month.

MINIMUM INCOME RANGE : $147,760

Income % Distribution
<$20K 8.7%
$20K-$35K 7.8%
$35K-$60K 9.6%
$60K-$100K 15.2%
>=$100K 58.7%
COMMUTE TIME DISTRIBUTION

46% of the working population has a commute time of 15 to 44 minutes, 26% has a commute time of 14 minutes or less and 28% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.2%
5-9 mins 15.5%
10-14 mins 9.0%
15-19 mins 11.2%
20-29 mins 14.3%
30-44 mins 20.5%
45-59 mins 4.5%
>60 mins 23.9%

Sea Cliff Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 9.2%
Educational Services 16.1%
Financial Industries 9.1%
Health Care & Social Assistance 16.3%
Professional & Scientific Tech Services 8.5%
Retail & Wholesale Trader 9.7%
Other 31.1%
AGE DISTRIBUTION

55% of the population is between the ages of 25 and 64, 30% is 24 or younger and 15% is 65 or older.

Age % Distribution
<15 15.9%
15-19 8.6%
20-24 5.5%
25-44 17.1%
45-65 37.4%
66+ 15.4%
OCCUPATION

Occupation % Distribution
Computer Engineering 6.5%
Construction 9.9%
Healthcare 7.4%
Legal 5.6%
Management, Business, & Financial 24.5%
Sales & Office 21.3%
Other 24.7%
HIGHEST EDUCATION LEVEL

38% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Doctorate 5.1%
High School 14.3%
Masters Degree 20.6%
Professional 9.3%
Some College 13.0%
Other 37.7%

2 Carpenter Pl Comps

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2 Carpenter Pl, Sea Cliff, NY 11579 is a single family home of 1,212 sqft. HomeUnion INVESTimateĀ® for 2 Carpenter Pl includes a Price Estimate of $621,467 and a Rent Estimate of $3,694. This single family home has 0 bedrooms,2 bathrooms, and was built in 1956. This property has an estimated 15 year annualized Yield of 7.13% and Total Return of 17.26%. The estimated 1 year forecast in home value for 2 Carpenter Pl is 2.62%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NY , NASSAU County , or the 11579 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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