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216 Old Glenwood Rd PROPERTY INFO
FACTS
- Built In 1900
- Price/Sqft : $123.91
CONSTRUCTION
- Beds : 3
- Floor Size : 2,088 sqft
- Baths : 2 Full
216 Old Glenwood Rd SCHOOLS
Financial Details
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WEST FALLS
Neighborhood : WEST FALLS
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 $2,974 per month.
MY RENT : $2,974 MEDIAN RENT : $2,202
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 $2,974 would therefore be considered affordable for annual household incomes greater than $118,960 (12 months x 3.333 x $2,974).
HOUSEHOLD INCOME RANGE
Approximately 165 of households in this neighborhood have a total annual income of $118,960 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,974 per month.
MINIMUM INCOME RANGE : $118,960
COMMUTE TIME DISTRIBUTION
71% of the working population has a commute time of 15 to 44 minutes, 17% has a commute time of 14 minutes or less and 12% has a commute time of 45 minutes or longer.
WEST FALLS Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 9.5% |
Construction | 7.9% |
Educational Services | 7.8% |
Health Care & Social Assistance | 15.1% |
Manufacturing | 11.1% |
Retail & Wholesale Trader | 9.6% |
Other | 39.1% |
AGE DISTRIBUTION
56% of the population is between the ages of 25 and 64, 31% is 24 or younger and 13% is 65 or older.
Age | % Distribution |
---|---|
<15 | 19.7% |
15-19 | 7.1% |
20-24 | 4.5% |
25-44 | 21.4% |
45-65 | 34.5% |
66+ | 12.8% |
OCCUPATION
Occupation | % Distribution |
---|---|
Computer Engineering | 9.1% |
Healthcare | 17.2% |
Management, Business, & Financial | 17.5% |
Natural Resources Maintenance | 12.2% |
Production & Transportation | 10.2% |
Sales & Office | 19.7% |
Other | 14.2% |
HIGHEST EDUCATION LEVEL
29% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 14.2% |
High School | 26.5% |
Masters Degree | 9.7% |
Some College | 19.7% |
Some High School | 6.1% |
Other | 23.9% |
216 Old Glenwood Rd Comps
216 Old Glenwood Rd, West Falls, NY 14170 is a single family home of 2,088 sqft. HomeUnion INVESTimateĀ® for 216 Old Glenwood Rd includes a Price Estimate of $258,732 and a Rent Estimate of $2,974. This single family home has 3 bedrooms,2 bathrooms, and was built in 1900. This property has an estimated 15 year annualized Yield of 13.79% and Total Return of 23.38%. The estimated 1 year forecast in home value for 216 Old Glenwood Rd is 7.89%.
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