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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

20 Fox Run Rd Cumberland Center, ME 04021

3 Beds 1 Baths 1,232 sqft Built 2015
Last updated:  Nov 28, 2019

INVESTimate

$311,187

$278K - $344K

Price Est.

$1,743

$1.6K - $1.9K

Rent Est.

$323,977  ( +4.11%)   1 YR EST. FORECAST
  
  
  

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20 Fox Run Rd PROPERTY INFO

FACTS
  • Built In 2015
  • Price/Sqft : $252.59
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,232 sqft
  • Baths : 1 Full

20 Fox Run Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
GRAY-NEW GLOUCESTER HIGH SCHOOL High Regular 556 41 6

GRAY-NEW GLOUCESTER HIGH SCHOOL

  • Education Level: High
  • # of students: 556
  • # of teachers: 41
6
GreatSchools Rating
 

Financial Details

See Financial Details

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Neighborhood

CUMBERLAND CENTER

  • 6,340

    POPULATION
  • 2,237

    HOUSEHOLDS
  • 87.1%

    WHITE COLLAR

Neighborhood : CUMBERLAND CENTER

HOUSEHOLDS
2,237
POPULATION

6,340

18.3%Renters
81.7%Home Owners
LABOR FORCE

 

87.1%White Collar
12.9%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 $1,743 per month.

MY RENT : $1,743 MEDIAN RENT : $2,239

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 4.2%
>=$1,500 95.8%
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 $1,743 would therefore be considered affordable for annual household incomes greater than $69,720 (12 months x 3.333 x $1,743).

Rent % Affordability
Above $500 93.0%
Above $700 92.0%
Above $1,100 87.7%
Above $1,500 78.9%
Above $1,900 69.1%
HOUSEHOLD INCOME RANGE

Approximately 1,388 of households in this neighborhood have a total annual income of $69,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,743 per month.

MINIMUM INCOME RANGE : $69,720

Income % Distribution
<$20K 7.0%
$20K-$35K 2.6%
$35K-$60K 11.4%
$60K-$100K 24.2%
>=$100K 54.7%
COMMUTE TIME DISTRIBUTION

73% of the working population has a commute time of 15 to 44 minutes, 21% has a commute time of 14 minutes or less and 6% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.6%
5-9 mins 5.8%
10-14 mins 10.7%
15-19 mins 11.0%
20-29 mins 37.8%
30-44 mins 24.2%
45-59 mins 3.2%
>60 mins 2.6%
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 $1,743 per month.

MY RENT : $1,743 MEDIAN RENT : $2,239

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 4.2%
>=$1,500 95.8%
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 $1,743 would therefore be considered affordable for annual household incomes greater than $69,720 (12 months x 3.333 x $1,743).

Rent % Affordability
Above $500 93.0%
Above $700 92.0%
Above $1,100 87.7%
Above $1,500 78.9%
Above $1,900 69.1%
HOUSEHOLD INCOME RANGE

Approximately 1,388 of households in this neighborhood have a total annual income of $69,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,743 per month.

MINIMUM INCOME RANGE : $69,720

Income % Distribution
<$20K 7.0%
$20K-$35K 2.6%
$35K-$60K 11.4%
$60K-$100K 24.2%
>=$100K 54.7%
COMMUTE TIME DISTRIBUTION

73% of the working population has a commute time of 15 to 44 minutes, 21% has a commute time of 14 minutes or less and 6% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.6%
5-9 mins 5.8%
10-14 mins 10.7%
15-19 mins 11.0%
20-29 mins 37.8%
30-44 mins 24.2%
45-59 mins 3.2%
>60 mins 2.6%

CUMBERLAND CENTER Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 7.3%
Educational Services 12.7%
Financial Industries 11.0%
Health Care & Social Assistance 19.5%
Professional & Scientific Tech Services 10.4%
Retail & Wholesale Trader 13.3%
Other 25.9%
AGE DISTRIBUTION

51% of the population is between the ages of 25 and 64, 36% is 24 or younger and 14% is 65 or older.

Age % Distribution
<15 23.1%
15-19 8.0%
20-24 4.4%
25-44 21.0%
45-65 29.6%
66+ 13.8%
OCCUPATION

Occupation % Distribution
Computer Engineering 11.9%
Construction 7.8%
Healthcare 12.1%
Management, Business, & Financial 36.6%
Natural Resources Maintenance 7.6%
Sales & Office 16.6%
Other 7.2%
HIGHEST EDUCATION LEVEL

35% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 7.2%
High School 12.4%
Masters Degree 18.9%
Professional 5.3%
Some College 14.0%
Other 42.1%

20 Fox Run Rd Comps

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20 Fox Run Rd, Cumberland Center, ME 04021 is a single family home of 1,232 sqft. HomeUnion INVESTimateĀ® for 20 Fox Run Rd includes a Price Estimate of $311,187 and a Rent Estimate of $1,743. This single family home has 3 bedrooms,1 bathrooms, and was built in 2015. This property has an estimated 15 year annualized Yield of 6.72% and Total Return of 18.22%. The estimated 1 year forecast in home value for 20 Fox Run Rd is 4.11%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in ME , CUMBERLAND County , or the 04021 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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Nearest zipcodes within 2 miles

  1. 04039
  2. 04062