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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

24 Birch Hill Rd Weston, CT 06883

6 Beds 4 Baths 2,813 sqft Built 1956
Last updated:  Dec 26, 2019

INVESTimate

$593,489

$534K - $653K

Price Est.

$4,463

$4.1K - $4.8K

Rent Est.

$588,444  ( -0.85%)   1 YR EST. FORECAST
  
  
  

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24 Birch Hill Rd PROPERTY INFO

FACTS
  • Built In 1956
  • Price/Sqft : $210.98
CONSTRUCTION
  • Beds : 6
  • Floor Size : 2,813 sqft
  • Baths : 3 Full 1 Half

24 Birch Hill Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
WESTON INTERMEDIATE SCHOOL Primary Regular 570 47 9
WESTON MIDDLE SCHOOL Middle Regular 629 51 9
WESTON HIGH SCHOOL High Regular 755 58 10

WESTON INTERMEDIATE SCHOOL

  • Education Level: Primary
  • # of students: 570
  • # of teachers: 47
9
GreatSchools Rating

WESTON MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 629
  • # of teachers: 51
9
GreatSchools Rating

WESTON HIGH SCHOOL

  • Education Level: High
  • # of students: 755
  • # of teachers: 58
10
GreatSchools Rating
 

Financial Details

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Neighborhood

WESTON

  • 10,369

    POPULATION
  • 3,447

    HOUSEHOLDS
  • 92.7%

    WHITE COLLAR

Neighborhood : WESTON

HOUSEHOLDS
3,447
POPULATION

10,369

4.5%Renters
95.5%Home Owners
LABOR FORCE

 

92.7%White Collar
7.3%Blue Collar
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 $4,463 per month.

MY RENT : $4,463 MEDIAN RENT : $4,631

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.0%
>=$1,500 100.0%
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 $4,463 would therefore be considered affordable for annual household incomes greater than $178,520 (12 months x 3.333 x $4,463).

Rent % Affordability
Above $500 96.7%
Above $700 95.0%
Above $1,100 90.6%
Above $1,500 85.4%
Above $1,900 81.4%
HOUSEHOLD INCOME RANGE

Approximately 751 of households in this neighborhood have a total annual income of $178,520 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $4,463 per month.

MINIMUM INCOME RANGE : $178,520

Income % Distribution
<$20K 3.3%
$20K-$35K 3.6%
$35K-$60K 7.7%
$60K-$100K 9.3%
>=$100K 76.1%
COMMUTE TIME DISTRIBUTION

57% of the working population has a commute time of 15 to 44 minutes, 13% has a commute time of 14 minutes or less and 30% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.7%
5-9 mins 3.8%
10-14 mins 8.6%
15-19 mins 11.4%
20-29 mins 26.2%
30-44 mins 19.6%
45-59 mins 7.9%
>60 mins 21.8%
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 $4,463 per month.

MY RENT : $4,463 MEDIAN RENT : $4,631

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.0%
>=$1,500 100.0%
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 $4,463 would therefore be considered affordable for annual household incomes greater than $178,520 (12 months x 3.333 x $4,463).

Rent % Affordability
Above $500 96.7%
Above $700 95.0%
Above $1,100 90.6%
Above $1,500 85.4%
Above $1,900 81.4%
HOUSEHOLD INCOME RANGE

Approximately 751 of households in this neighborhood have a total annual income of $178,520 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $4,463 per month.

MINIMUM INCOME RANGE : $178,520

Income % Distribution
<$20K 3.3%
$20K-$35K 3.6%
$35K-$60K 7.7%
$60K-$100K 9.3%
>=$100K 76.1%
COMMUTE TIME DISTRIBUTION

57% of the working population has a commute time of 15 to 44 minutes, 13% has a commute time of 14 minutes or less and 30% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.7%
5-9 mins 3.8%
10-14 mins 8.6%
15-19 mins 11.4%
20-29 mins 26.2%
30-44 mins 19.6%
45-59 mins 7.9%
>60 mins 21.8%

WESTON Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 8.8%
Educational Services 8.8%
Financial Industries 14.6%
Health Care & Social Assistance 10.2%
Professional & Scientific Tech Services 20.5%
Retail & Wholesale Trader 9.9%
Other 27.2%
AGE DISTRIBUTION

51% of the population is between the ages of 25 and 64, 36% is 24 or younger and 13% is 65 or older.

Age % Distribution
<15 25.0%
15-19 7.8%
20-24 3.2%
25-44 13.9%
45-65 37.4%
66+ 12.9%
OCCUPATION

Occupation % Distribution
Adesm 6.5%
Computer Engineering 6.8%
Construction 6.4%
Legal 6.5%
Management, Business, & Financial 42.2%
Sales & Office 19.7%
Other 11.9%
HIGHEST EDUCATION LEVEL

45% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Doctorate 3.1%
High School 6.6%
Masters Degree 28.7%
Professional 11.5%
Some College 7.3%
Other 42.8%

24 Birch Hill Rd Comps

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24 Birch Hill Rd, Weston, CT 06883 is a single family home of 2,813 sqft. HomeUnion INVESTimateĀ® for 24 Birch Hill Rd includes a Price Estimate of $593,489 and a Rent Estimate of $4,463. This single family home has 6 bedrooms,4 bathrooms, and was built in 1956. This property has an estimated 15 year annualized Yield of 9.02% and Total Return of 10.49%. The estimated 1 year forecast in home value for 24 Birch Hill Rd is -0.85%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in CT , FAIRFIELD County , or the 06883 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 06897
  2. 06424