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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

22 Chapel Ln Glenmont, NY 12077

5 Beds 2 Baths 2,752 sqft Built 1972
Last updated:  Nov 28, 2019

INVESTimate

$275,487

$260K - $291K

Price Est.

$3,044

$2.8K - $3.3K

Rent Est.

$282,732  ( +2.63%)   1 YR EST. FORECAST
  
  
  

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22 Chapel Ln PROPERTY INFO

FACTS
  • Built In 1972
  • Price/Sqft : $100.10
CONSTRUCTION
  • Beds : 5
  • Floor Size : 2,752 sqft
  • Baths : 2 Full

22 Chapel Ln SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
BETHLEHEM CENTRAL SENIOR HIGH SCHOOL High Regular 1,671 110 9

BETHLEHEM CENTRAL SENIOR HIGH SCHOOL

  • Education Level: High
  • # of students: 1,671
  • # of teachers: 110
9
GreatSchools Rating
 

Financial Details

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Neighborhood

GLENMONT

  • 6,372

    POPULATION
  • 2,441

    HOUSEHOLDS
  • 85.9%

    WHITE COLLAR

Neighborhood : GLENMONT

HOUSEHOLDS
2,441
POPULATION

6,372

21.1%Renters
78.9%Home Owners
LABOR FORCE

 

85.9%White Collar
14.1%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 99% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $3,044 per month.

MY RENT : $3,044 MEDIAN RENT : $2,786

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.8%
>=$1,500 99.2%
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 $3,044 would therefore be considered affordable for annual household incomes greater than $121,760 (12 months x 3.333 x $3,044).

Rent % Affordability
Above $500 95.2%
Above $700 90.9%
Above $1,100 82.8%
Above $1,500 77.6%
Above $1,900 67.7%
HOUSEHOLD INCOME RANGE

Approximately 641 of households in this neighborhood have a total annual income of $121,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $3,044 per month.

MINIMUM INCOME RANGE : $121,760

Income % Distribution
<$20K 4.8%
$20K-$35K 8.5%
$35K-$60K 9.1%
$60K-$100K 26.4%
>=$100K 51.2%
COMMUTE TIME DISTRIBUTION

71% of the working population has a commute time of 15 to 44 minutes, 23% has a commute time of 14 minutes or less and 7% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.6%
5-9 mins 8.9%
10-14 mins 13.1%
15-19 mins 24.1%
20-29 mins 28.7%
30-44 mins 17.8%
45-59 mins 4.2%
>60 mins 2.7%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 99% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $3,044 per month.

MY RENT : $3,044 MEDIAN RENT : $2,786

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.8%
>=$1,500 99.2%
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 $3,044 would therefore be considered affordable for annual household incomes greater than $121,760 (12 months x 3.333 x $3,044).

Rent % Affordability
Above $500 95.2%
Above $700 90.9%
Above $1,100 82.8%
Above $1,500 77.6%
Above $1,900 67.7%
HOUSEHOLD INCOME RANGE

Approximately 641 of households in this neighborhood have a total annual income of $121,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $3,044 per month.

MINIMUM INCOME RANGE : $121,760

Income % Distribution
<$20K 4.8%
$20K-$35K 8.5%
$35K-$60K 9.1%
$60K-$100K 26.4%
>=$100K 51.2%
COMMUTE TIME DISTRIBUTION

71% of the working population has a commute time of 15 to 44 minutes, 23% has a commute time of 14 minutes or less and 7% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.6%
5-9 mins 8.9%
10-14 mins 13.1%
15-19 mins 24.1%
20-29 mins 28.7%
30-44 mins 17.8%
45-59 mins 4.2%
>60 mins 2.7%

GLENMONT Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 7.7%
Educational Services 16.4%
Health Care & Social Assistance 14.3%
Manufacturing 7.3%
Public Administration 15.2%
Retail & Wholesale Trader 13.4%
Other 25.8%
AGE DISTRIBUTION

52% of the population is between the ages of 25 and 64, 34% is 24 or younger and 14% is 65 or older.

Age % Distribution
<15 20.6%
15-19 7.2%
20-24 6.4%
25-44 21.0%
45-65 31.1%
66+ 13.8%
OCCUPATION

Occupation % Distribution
Computer Engineering 16.8%
Construction 7.6%
Healthcare 8.4%
Management, Business, & Financial 23.8%
Natural Resources Maintenance 5.2%
Sales & Office 19.3%
Other 18.9%
HIGHEST EDUCATION LEVEL

46% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 10.6%
High School 17.0%
Masters Degree 21.9%
Professional 7.5%
Some College 13.3%
Other 29.7%

22 Chapel Ln Comps

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22 Chapel Ln, Glenmont, NY 12077 is a single family home of 2,752 sqft. HomeUnion INVESTimateĀ® for 22 Chapel Ln includes a Price Estimate of $275,487 and a Rent Estimate of $3,044. This single family home has 5 bedrooms,2 bathrooms, and was built in 1972. This property has an estimated 15 year annualized Yield of 13.26% and Total Return of 30.35%. The estimated 1 year forecast in home value for 22 Chapel Ln is 2.63%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NY , ALBANY County , or the 12077 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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