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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

206 Terrace Dr Prattsville, NY 12468

1 Beds 1 Baths 1,220 sqft Built 1984
Last updated:  Nov 28, 2019

INVESTimate

$161,107

$153K - $170K

Price Est.

$1,630

$1.2K - $2.0K

Rent Est.

$165,312  ( +2.61%)   1 YR EST. FORECAST
  
  
  

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206 Terrace Dr PROPERTY INFO

FACTS
  • Built In 1984
  • Price/Sqft : $132.05
CONSTRUCTION
  • Beds : 1
  • Floor Size : 1,220 sqft
  • Baths : 1 Full

206 Terrace Dr SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
HUNTER ELEMENTARY SCHOOL Primary Regular 194 23 6
HUNTER-TANNERSVILLE MIDDLE SCHOOL HIGH SCHOOL Middle Regular 185 26 8
HUNTER-TANNERSVILLE MIDDLE SCHOOL HIGH SCHOOL High Regular 185 26 8

HUNTER ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 194
  • # of teachers: 23
6
GreatSchools Rating

HUNTER-TANNERSVILLE MIDDLE SCHOOL HIGH SCHOOL

  • Education Level: Middle
  • # of students: 185
  • # of teachers: 26
8
GreatSchools Rating

HUNTER-TANNERSVILLE MIDDLE SCHOOL HIGH SCHOOL

  • Education Level: High
  • # of students: 185
  • # of teachers: 26
8
GreatSchools Rating
 

Financial Details

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Neighborhood

PRATTSVILLE

  • 1,434

    POPULATION
  • 599

    HOUSEHOLDS
  • 51.8%

    WHITE COLLAR

Neighborhood : PRATTSVILLE

HOUSEHOLDS
599
POPULATION

1,434

14.1%Renters
85.9%Home Owners
LABOR FORCE

 

51.8%White Collar
48.2%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 92% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,630 per month.

MY RENT : $1,630 MEDIAN RENT : $2,201

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 8.2%
>=$1,500 91.8%
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 $1,630 would therefore be considered affordable for annual household incomes greater than $65,200 (12 months x 3.333 x $1,630).

Rent % Affordability
Above $500 76.7%
Above $700 68.7%
Above $1,100 49.8%
Above $1,500 32.0%
Above $1,900 24.2%
HOUSEHOLD INCOME RANGE

Approximately 121 of households in this neighborhood have a total annual income of $65,200 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,630 per month.

MINIMUM INCOME RANGE : $65,200

Income % Distribution
<$20K 23.3%
$20K-$35K 17.4%
$35K-$60K 27.3%
$60K-$100K 18.1%
>=$100K 13.9%
COMMUTE TIME DISTRIBUTION

53% of the working population has a commute time of 15 to 44 minutes, 24% has a commute time of 14 minutes or less and 22% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 6.0%
5-9 mins 11.4%
10-14 mins 7.0%
15-19 mins 15.9%
20-29 mins 19.6%
30-44 mins 17.6%
45-59 mins 7.6%
>60 mins 14.9%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 92% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,630 per month.

MY RENT : $1,630 MEDIAN RENT : $2,201

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 8.2%
>=$1,500 91.8%
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 $1,630 would therefore be considered affordable for annual household incomes greater than $65,200 (12 months x 3.333 x $1,630).

Rent % Affordability
Above $500 76.7%
Above $700 68.7%
Above $1,100 49.8%
Above $1,500 32.0%
Above $1,900 24.2%
HOUSEHOLD INCOME RANGE

Approximately 121 of households in this neighborhood have a total annual income of $65,200 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,630 per month.

MINIMUM INCOME RANGE : $65,200

Income % Distribution
<$20K 23.3%
$20K-$35K 17.4%
$35K-$60K 27.3%
$60K-$100K 18.1%
>=$100K 13.9%
COMMUTE TIME DISTRIBUTION

53% of the working population has a commute time of 15 to 44 minutes, 24% has a commute time of 14 minutes or less and 22% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 6.0%
5-9 mins 11.4%
10-14 mins 7.0%
15-19 mins 15.9%
20-29 mins 19.6%
30-44 mins 17.6%
45-59 mins 7.6%
>60 mins 14.9%

PRATTSVILLE Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 11.8%
Construction 15.8%
Educational Services 9.7%
Health Care & Social Assistance 10.6%
Retail & Wholesale Trader 8.4%
Transportation 8.1%
Other 35.5%
AGE DISTRIBUTION

49% of the population is between the ages of 25 and 64, 21% is 24 or younger and 30% is 65 or older.

Age % Distribution
<15 8.6%
15-19 7.0%
20-24 5.2%
25-44 15.6%
45-65 33.7%
66+ 29.8%
OCCUPATION

Occupation % Distribution
Construction 5.2%
Healthcare 7.2%
Management, Business, & Financial 13.7%
Natural Resources Maintenance 18.5%
Production & Transportation 18.2%
Sales & Office 24.7%
Other 12.5%
HIGHEST EDUCATION LEVEL

19% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 8.0%
High School 43.1%
Masters Degree 8.3%
Some College 18.7%
Some High School 8.9%
Other 13.0%

206 Terrace Dr Comps

Sorry, we do not have sufficient data available.

206 Terrace Dr, Prattsville, NY 12468 is a single family home of 1,220 sqft. HomeUnion INVESTimateĀ® for 206 Terrace Dr includes a Price Estimate of $161,107 and a Rent Estimate of $1,630. This single family home has 1 bedrooms,1 bathrooms, and was built in 1984. This property has an estimated 15 year annualized Yield of 12.14% and Total Return of 23.29%. The estimated 1 year forecast in home value for 206 Terrace Dr is 2.61%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NY , GREENE County , or the 12468 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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