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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

227 S Bay Rd Clemons, NY 12819

2 Beds 1 Baths 1,560 sqft Built 2012
Last updated:  Jan 23, 2020

INVESTimate

$315,264

$298K - $333K

Price Est.

$1,450

$1.1K - $1.8K

Rent Est.

$321,159  ( +1.87%)   1 YR EST. FORECAST
  
  
  

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227 S Bay Rd PROPERTY INFO

FACTS
  • Built In 2012
  • Price/Sqft : $202.09
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,560 sqft
  • Baths : 1 Full

227 S Bay Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
WHITEHALL ELEMENTARY SCHOOL Primary Regular 391 37 2
WHITEHALL JUNIOR-SENIOR HIGH SCHOOL Middle Regular 351 35 4
WHITEHALL JUNIOR-SENIOR HIGH SCHOOL High Regular 351 35 4

WHITEHALL ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 391
  • # of teachers: 37
2
GreatSchools Rating

WHITEHALL JUNIOR-SENIOR HIGH SCHOOL

  • Education Level: Middle
  • # of students: 351
  • # of teachers: 35
4
GreatSchools Rating

WHITEHALL JUNIOR-SENIOR HIGH SCHOOL

  • Education Level: High
  • # of students: 351
  • # of teachers: 35
4
GreatSchools Rating
 

Financial Details

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Neighborhood

CLEMONS

  • 317

    POPULATION
  • 140

    HOUSEHOLDS
  • 58.9%

    WHITE COLLAR

Neighborhood : CLEMONS

HOUSEHOLDS
140
POPULATION

317

16.7%Renters
83.3%Home Owners
LABOR FORCE

 

58.9%White Collar
41.1%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 40% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,450 per month.

MY RENT : $1,450 MEDIAN RENT : $1,408

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 1.1%
$900-999 2.2%
$1,000-1,499 63.0%
>=$1,500 33.7%
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 $1,450 would therefore be considered affordable for annual household incomes greater than $58,000 (12 months x 3.333 x $1,450).

Rent % Affordability
Above $500 90.8%
Above $700 76.2%
Above $1,100 63.9%
Above $1,500 45.8%
Above $1,900 36.4%
HOUSEHOLD INCOME RANGE

Approximately 66 of households in this neighborhood have a total annual income of $58,000 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,450 per month.

MINIMUM INCOME RANGE : $58,000

Income % Distribution
<$20K 9.2%
$20K-$35K 19.7%
$35K-$60K 25.4%
$60K-$100K 32.4%
>=$100K 13.4%
COMMUTE TIME DISTRIBUTION

53% of the working population has a commute time of 15 to 44 minutes, 22% has a commute time of 14 minutes or less and 25% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 5.9%
5-9 mins 9.3%
10-14 mins 6.8%
15-19 mins 9.3%
20-29 mins 14.4%
30-44 mins 29.7%
45-59 mins 5.1%
>60 mins 19.5%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 40% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,450 per month.

MY RENT : $1,450 MEDIAN RENT : $1,408

Rent % Distribution
$500-699 0.0%
$700-899 1.1%
$900-999 2.2%
$1,000-1,499 63.0%
>=$1,500 33.7%
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 $1,450 would therefore be considered affordable for annual household incomes greater than $58,000 (12 months x 3.333 x $1,450).

Rent % Affordability
Above $500 90.8%
Above $700 76.2%
Above $1,100 63.9%
Above $1,500 45.8%
Above $1,900 36.4%
HOUSEHOLD INCOME RANGE

Approximately 66 of households in this neighborhood have a total annual income of $58,000 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,450 per month.

MINIMUM INCOME RANGE : $58,000

Income % Distribution
<$20K 9.2%
$20K-$35K 19.7%
$35K-$60K 25.4%
$60K-$100K 32.4%
>=$100K 13.4%
COMMUTE TIME DISTRIBUTION

53% of the working population has a commute time of 15 to 44 minutes, 22% has a commute time of 14 minutes or less and 25% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 5.9%
5-9 mins 9.3%
10-14 mins 6.8%
15-19 mins 9.3%
20-29 mins 14.4%
30-44 mins 29.7%
45-59 mins 5.1%
>60 mins 19.5%

CLEMONS Demographics

INDUSTRY

Industry % Distribution
Administrative Support 9.0%
Construction 9.0%
Health Care & Social Assistance 15.8%
Manufacturing 12.0%
Retail & Wholesale Trader 18.0%
Transportation 6.8%
Other 29.3%
AGE DISTRIBUTION

52% of the population is between the ages of 25 and 64, 20% is 24 or younger and 28% is 65 or older.

Age % Distribution
<15 11.0%
15-19 5.7%
20-24 3.5%
25-44 15.1%
45-65 36.6%
66+ 28.1%
OCCUPATION

Occupation % Distribution
Healthcare 6.5%
Management, Business, & Financial 20.7%
Natural Resources Maintenance 12.0%
PCare 8.7%
Production & Transportation 14.1%
Sales & Office 22.8%
Other 15.2%
HIGHEST EDUCATION LEVEL

16% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 7.0%
High School 35.4%
Masters Degree 8.6%
Some College 19.8%
Some High School 14.4%
Other 14.8%

227 S Bay Rd Comps

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227 S Bay Rd, Clemons, NY 12819 is a single family home of 1,560 sqft. HomeUnion INVESTimateĀ® for 227 S Bay Rd includes a Price Estimate of $315,264 and a Rent Estimate of $1,450. This single family home has 2 bedrooms,1 bathrooms, and was built in 2012. This property has an estimated 15 year annualized Yield of 5.52% and Total Return of 5.89%. The estimated 1 year forecast in home value for 227 S Bay Rd is 1.87%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NY , WASHINGTON County , or the 12819 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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