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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 Demelis Dr Pleasant Valley, NY 12569

3 Beds 2 Baths 2,480 sqft Built 2003
Last updated:  Jan 23, 2020

INVESTimate

$198,373

$174K - $223K

Price Est.

$2,415

$2.2K - $2.7K

Rent Est.

$202,301  ( +1.98%)   1 YR EST. FORECAST
  
  
  

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2 Demelis Dr PROPERTY INFO

FACTS
  • Built In 2003
  • Price/Sqft : $79.99
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,480 sqft
  • Baths : 2 Full

2 Demelis Dr SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
ARLINGTON HIGH SCHOOL High Regular 3,330 191 7

ARLINGTON HIGH SCHOOL

  • Education Level: High
  • # of students: 3,330
  • # of teachers: 191
7
GreatSchools Rating
 

Financial Details

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Neighborhood

PLEASANT VALLEY

  • 9,970

    POPULATION
  • 4,029

    HOUSEHOLDS
  • 68.6%

    WHITE COLLAR

Neighborhood : PLEASANT VALLEY

HOUSEHOLDS
4,029
POPULATION

9,970

31.8%Renters
68.2%Home Owners
LABOR FORCE

 

68.6%White Collar
31.4%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 96% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,415 per month.

MY RENT : $2,415 MEDIAN RENT : $2,219

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 4.3%
>=$1,500 95.7%
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 $2,415 would therefore be considered affordable for annual household incomes greater than $96,600 (12 months x 3.333 x $2,415).

Rent % Affordability
Above $500 87.9%
Above $700 84.4%
Above $1,100 75.5%
Above $1,500 62.2%
Above $1,900 53.5%
HOUSEHOLD INCOME RANGE

Approximately 1,543 of households in this neighborhood have a total annual income of $96,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,415 per month.

MINIMUM INCOME RANGE : $96,600

Income % Distribution
<$20K 12.1%
$20K-$35K 8.0%
$35K-$60K 17.7%
$60K-$100K 24.8%
>=$100K 37.4%
COMMUTE TIME DISTRIBUTION

60% of the working population has a commute time of 15 to 44 minutes, 16% has a commute time of 14 minutes or less and 24% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.7%
5-9 mins 4.0%
10-14 mins 9.2%
15-19 mins 15.3%
20-29 mins 26.3%
30-44 mins 18.3%
45-59 mins 7.4%
>60 mins 16.9%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 96% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,415 per month.

MY RENT : $2,415 MEDIAN RENT : $2,219

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 4.3%
>=$1,500 95.7%
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 $2,415 would therefore be considered affordable for annual household incomes greater than $96,600 (12 months x 3.333 x $2,415).

Rent % Affordability
Above $500 87.9%
Above $700 84.4%
Above $1,100 75.5%
Above $1,500 62.2%
Above $1,900 53.5%
HOUSEHOLD INCOME RANGE

Approximately 1,543 of households in this neighborhood have a total annual income of $96,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,415 per month.

MINIMUM INCOME RANGE : $96,600

Income % Distribution
<$20K 12.1%
$20K-$35K 8.0%
$35K-$60K 17.7%
$60K-$100K 24.8%
>=$100K 37.4%
COMMUTE TIME DISTRIBUTION

60% of the working population has a commute time of 15 to 44 minutes, 16% has a commute time of 14 minutes or less and 24% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.7%
5-9 mins 4.0%
10-14 mins 9.2%
15-19 mins 15.3%
20-29 mins 26.3%
30-44 mins 18.3%
45-59 mins 7.4%
>60 mins 16.9%

PLEASANT VALLEY Demographics

INDUSTRY

Industry % Distribution
Construction 7.3%
Educational Services 10.5%
Health Care & Social Assistance 15.9%
Manufacturing 8.3%
Professional & Scientific Tech Services 9.2%
Retail & Wholesale Trader 17.4%
Other 31.6%
AGE DISTRIBUTION

59% of the population is between the ages of 25 and 64, 28% is 24 or younger and 13% is 65 or older.

Age % Distribution
<15 16.0%
15-19 6.3%
20-24 5.7%
25-44 24.2%
45-65 34.5%
66+ 13.3%
OCCUPATION

Occupation % Distribution
Construction 8.8%
Healthcare 7.4%
Management, Business, & Financial 20.1%
Natural Resources Maintenance 13.0%
Production & Transportation 8.1%
Sales & Office 23.5%
Other 19.1%
HIGHEST EDUCATION LEVEL

28% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 12.3%
High School 25.6%
Masters Degree 12.6%
Some College 20.9%
Some High School 8.0%
Other 20.6%

2 Demelis Dr Comps

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2 Demelis Dr, Pleasant Valley, NY 12569 is a single family home of 2,480 sqft. HomeUnion INVESTimateĀ® for 2 Demelis Dr includes a Price Estimate of $198,373 and a Rent Estimate of $2,415. This single family home has 3 bedrooms,2 bathrooms, and was built in 2003. This property has an estimated 15 year annualized Yield of 14.61% and Total Return of 23.60%. The estimated 1 year forecast in home value for 2 Demelis Dr is 1.98%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NY , DUTCHESS County , or the 12569 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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Nearest zipcodes within 2 miles

  1. 12578
  2. 12538