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This page contains information about each property aggregated from public data sources, 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.

208 Billings Rd Sherburne, NY 13460

4 Beds 3 Baths 2,256 sqft Built 1998
Last updated:  Nov 28, 2019

INVESTimate

$180,037

$164K - $196K

Price Est.

$2,468

$1.5K - $3.5K

Rent Est.

$192,280  ( +6.8%)   1 YR EST. FORECAST

208 Billings Rd PROPERTY INFO

FACTS
  • Built In 1998
  • Price/Sqft : $79.80
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,256 sqft
  • Baths : 2 Full 1 Half
PROPERTY DESCRIPTION
208 Billings Rd, Sherburne, NY 13460 is a single family home of 2,256 sqft. HomeUnion estimate for 208 Billings Rd includes a Price Estimate of $180,037 and a Rent Estimate of $2,468. This single family home has 4 bedrooms, 3 bathrooms, and was built in 1998. This property has an estimated 15 year annualized Yield of 16.45% and Total Return of 33.06%. The estimated 1 year forecast in home value for 208 Billings Rd is 6.8%.
  
  
  

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208 Billings Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
SHERBURNE-EARLVILLE ELEMENTARY SCHOOL Primary Regular 658 66 4
SHERBURNE-EARLVILLE MIDDLE SCHOOL Middle Regular 329 32 5
SHERBURNE-EARLVILLE HIGH SCHOOL High Regular 454 33 7

SHERBURNE-EARLVILLE ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 658
  • # of teachers: 66
4
GreatSchools Rating

SHERBURNE-EARLVILLE MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 329
  • # of teachers: 32
5
GreatSchools Rating

SHERBURNE-EARLVILLE HIGH SCHOOL

  • Education Level: High
  • # of students: 454
  • # of teachers: 33
7
GreatSchools Rating
 

Financial Details

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Neighborhood

SHERBURNE

  • 4,262

    POPULATION
  • 1,852

    HOUSEHOLDS
  • 60.8%

    WHITE COLLAR

Neighborhood : SHERBURNE

HOUSEHOLDS
1,852
POPULATION

4,262

29.5%Renters
70.5%Home Owners
LABOR FORCE

 

60.8%White Collar
39.2%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 78% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,468 per month.

MY RENT : $2,468 MEDIAN RENT : $1,820

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.3%
$1,000-1,499 22.1%
>=$1,500 77.6%
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 $2,468 would therefore be considered affordable for annual household incomes greater than $98,720 (12 months x 3.333 x $2,468).

Rent % Affordability
Above $500 77.4%
Above $700 66.5%
Above $1,100 49.3%
Above $1,500 38.4%
Above $1,900 24.7%
HOUSEHOLD INCOME RANGE

Approximately 253 of households in this neighborhood have a total annual income of $98,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,468 per month.

MINIMUM INCOME RANGE : $98,720

Income % Distribution
<$20K 22.6%
$20K-$35K 18.3%
$35K-$60K 20.7%
$60K-$100K 25.1%
>=$100K 13.3%
COMMUTE TIME DISTRIBUTION

51% of the working population has a commute time of 15 to 44 minutes, 38% has a commute time of 14 minutes or less and 11% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 8.1%
5-9 mins 13.8%
10-14 mins 16.0%
15-19 mins 17.1%
20-29 mins 24.0%
30-44 mins 10.4%
45-59 mins 3.9%
>60 mins 6.7%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 78% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,468 per month.

MY RENT : $2,468 MEDIAN RENT : $1,820

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.3%
$1,000-1,499 22.1%
>=$1,500 77.6%
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 $2,468 would therefore be considered affordable for annual household incomes greater than $98,720 (12 months x 3.333 x $2,468).

Rent % Affordability
Above $500 77.4%
Above $700 66.5%
Above $1,100 49.3%
Above $1,500 38.4%
Above $1,900 24.7%
HOUSEHOLD INCOME RANGE

Approximately 253 of households in this neighborhood have a total annual income of $98,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,468 per month.

MINIMUM INCOME RANGE : $98,720

Income % Distribution
<$20K 22.6%
$20K-$35K 18.3%
$35K-$60K 20.7%
$60K-$100K 25.1%
>=$100K 13.3%
COMMUTE TIME DISTRIBUTION

51% of the working population has a commute time of 15 to 44 minutes, 38% has a commute time of 14 minutes or less and 11% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 8.1%
5-9 mins 13.8%
10-14 mins 16.0%
15-19 mins 17.1%
20-29 mins 24.0%
30-44 mins 10.4%
45-59 mins 3.9%
>60 mins 6.7%

SHERBURNE Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 7.2%
Educational Services 13.2%
Health Care & Social Assistance 12.2%
Manufacturing 13.6%
Public Administration 6.8%
Retail & Wholesale Trader 10.7%
Other 36.4%
AGE DISTRIBUTION

52% of the population is between the ages of 25 and 64, 29% is 24 or younger and 19% is 65 or older.

Age % Distribution
<15 17.7%
15-19 5.8%
20-24 5.2%
25-44 20.2%
45-65 32.2%
66+ 18.8%
OCCUPATION

Occupation % Distribution
Construction 4.9%
Healthcare 11.2%
Management, Business, & Financial 19.9%
Natural Resources Maintenance 9.6%
Production & Transportation 16.9%
Sales & Office 18.2%
Other 19.2%
HIGHEST EDUCATION LEVEL

20% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 12.1%
High School 33.8%
Masters Degree 7.1%
Some College 20.5%
Some High School 14.9%
Other 11.5%

208 Billings Rd Comps

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