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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

2233 Covert Hollow Rd Hamden, NY 13782

3 Beds 2 Baths 1,512 sqft Built 2002
Last updated:  Jan 23, 2020

INVESTimate

$141,992

$133K - $151K

Price Est.

$1,358

$1.0K - $1.7K

Rent Est.

$147,544  ( +3.91%)   1 YR EST. FORECAST
  
  
  

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2233 Covert Hollow Rd PROPERTY INFO

FACTS
  • Built In 2002
  • Price/Sqft : $93.91
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,512 sqft
  • Baths : 2 Full

2233 Covert Hollow Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
DELHI ELEMENTARY SCHOOL Primary Regular 347 29 7
DELHI MIDDLE SCHOOL Middle Regular 157 8 8
DELAWARE ACADEMY HIGH SCHOOL High Regular 247 21 8

DELHI ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 347
  • # of teachers: 29
7
GreatSchools Rating

DELHI MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 157
  • # of teachers: 8
8
GreatSchools Rating

DELAWARE ACADEMY HIGH SCHOOL

  • Education Level: High
  • # of students: 247
  • # of teachers: 21
8
GreatSchools Rating
 

Financial Details

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Neighborhood

HAMDEN

  • 822

    POPULATION
  • 356

    HOUSEHOLDS
  • 58.0%

    WHITE COLLAR

Neighborhood : HAMDEN

HOUSEHOLDS
356
POPULATION

822

18.5%Renters
81.5%Home Owners
LABOR FORCE

 

58.0%White Collar
42.0%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 71% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,358 per month.

MY RENT : $1,358 MEDIAN RENT : $1,558

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 40.0%
>=$1,500 60.0%
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 $1,358 would therefore be considered affordable for annual household incomes greater than $54,320 (12 months x 3.333 x $1,358).

Rent % Affordability
Above $500 77.4%
Above $700 72.5%
Above $1,100 53.9%
Above $1,500 45.8%
Above $1,900 32.7%
HOUSEHOLD INCOME RANGE

Approximately 170 of households in this neighborhood have a total annual income of $54,320 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,358 per month.

MINIMUM INCOME RANGE : $54,320

Income % Distribution
<$20K 22.6%
$20K-$35K 13.1%
$35K-$60K 18.4%
$60K-$100K 25.4%
>=$100K 20.4%
COMMUTE TIME DISTRIBUTION

52% of the working population has a commute time of 15 to 44 minutes, 37% 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 10.1%
5-9 mins 12.1%
10-14 mins 15.1%
15-19 mins 26.6%
20-29 mins 14.8%
30-44 mins 10.7%
45-59 mins 2.1%
>60 mins 8.6%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 71% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,358 per month.

MY RENT : $1,358 MEDIAN RENT : $1,558

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 40.0%
>=$1,500 60.0%
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 $1,358 would therefore be considered affordable for annual household incomes greater than $54,320 (12 months x 3.333 x $1,358).

Rent % Affordability
Above $500 77.4%
Above $700 72.5%
Above $1,100 53.9%
Above $1,500 45.8%
Above $1,900 32.7%
HOUSEHOLD INCOME RANGE

Approximately 170 of households in this neighborhood have a total annual income of $54,320 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,358 per month.

MINIMUM INCOME RANGE : $54,320

Income % Distribution
<$20K 22.6%
$20K-$35K 13.1%
$35K-$60K 18.4%
$60K-$100K 25.4%
>=$100K 20.4%
COMMUTE TIME DISTRIBUTION

52% of the working population has a commute time of 15 to 44 minutes, 37% 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 10.1%
5-9 mins 12.1%
10-14 mins 15.1%
15-19 mins 26.6%
20-29 mins 14.8%
30-44 mins 10.7%
45-59 mins 2.1%
>60 mins 8.6%

HAMDEN Demographics

INDUSTRY

Industry % Distribution
Construction 11.0%
Educational Services 11.5%
Health Care & Social Assistance 13.1%
Manufacturing 8.3%
Public Administration 16.0%
Retail & Wholesale Trader 8.3%
Other 31.8%
AGE DISTRIBUTION

49% of the population is between the ages of 25 and 64, 24% is 24 or younger and 28% is 65 or older.

Age % Distribution
<15 13.7%
15-19 5.0%
20-24 4.9%
25-44 17.5%
45-65 31.3%
66+ 27.6%
OCCUPATION

Occupation % Distribution
Education 8.1%
Healthcare 6.9%
Management, Business, & Financial 19.5%
Natural Resources Maintenance 14.6%
Production & Transportation 8.9%
Sales & Office 15.0%
Other 26.8%
HIGHEST EDUCATION LEVEL

27% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 15.4%
High School 34.1%
Masters Degree 9.5%
Some College 14.9%
Some High School 10.8%
Other 15.2%

2233 Covert Hollow Rd Comps

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2233 Covert Hollow Rd, Hamden, NY 13782 is a single family home of 1,512 sqft. HomeUnion INVESTimateĀ® for 2233 Covert Hollow Rd includes a Price Estimate of $141,992 and a Rent Estimate of $1,358. This single family home has 3 bedrooms,2 bathrooms, and was built in 2002. This property has an estimated 15 year annualized Yield of 11.48% and Total Return of 1.62%. The estimated 1 year forecast in home value for 2233 Covert Hollow Rd is 3.91%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NY , DELAWARE County , or the 13782 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 13753
  2. 13856