2425 State Highway 357 PROPERTY INFO
FACTS
- Built In 1840
- Price/Sqft : $92.07
CONSTRUCTION
- Beds : 2
- Floor Size : 1,500 sqft
- Baths : 1 Full 1 Half
PROPERTY DESCRIPTION
2425 State Highway 357, Unadilla, NY 13849 is a single family home of 1,500 sqft. HomeUnion estimate for 2425 State Highway 357 includes a Price Estimate of $138,099 and a Rent Estimate of $1,093. This single family home has 2 bedrooms, 2 bathrooms, and was built in 1840. This property has an estimated 15 year annualized Yield of 9.50% and Total Return of 22.16%. The estimated 1 year forecast in home value for 2425 State Highway 357 is 7.12%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
2425 State Highway 357 SCHOOLS
Financial Details
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UNADILLA
Neighborhood : UNADILLA
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 47% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,093 per month.
MY RENT : $1,093 MEDIAN RENT : $1,018
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 $1,093 would therefore be considered affordable for annual household incomes greater than $43,720 (12 months x 3.333 x $1,093).
HOUSEHOLD INCOME RANGE
Approximately 831 of households in this neighborhood have a total annual income of $43,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,093 per month.
MINIMUM INCOME RANGE : $43,720
COMMUTE TIME DISTRIBUTION
60% of the working population has a commute time of 15 to 44 minutes, 22% has a commute time of 14 minutes or less and 19% has a commute time of 45 minutes or longer.
UNADILLA Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Administrative Support | 5.6% |
Construction | 7.1% |
Educational Services | 12.2% |
Health Care & Social Assistance | 14.2% |
Manufacturing | 20.1% |
Retail & Wholesale Trader | 14.3% |
Other | 26.5% |
AGE DISTRIBUTION
49% of the population is between the ages of 25 and 64, 25% is 24 or younger and 25% is 65 or older.
Age | % Distribution |
---|---|
<15 | 15.8% |
15-19 | 4.1% |
20-24 | 5.3% |
25-44 | 17.7% |
45-65 | 31.6% |
66+ | 25.4% |
OCCUPATION
Occupation | % Distribution |
---|---|
Healthcare | 6.9% |
Management, Business, & Financial | 16.1% |
Natural Resources Maintenance | 10.1% |
PCare | 7.2% |
Production & Transportation | 26.7% |
Sales & Office | 15.7% |
Other | 17.4% |
HIGHEST EDUCATION LEVEL
18% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 11.9% |
High School | 40.6% |
Masters Degree | 4.8% |
Some College | 17.8% |
Some High School | 14.8% |
Other | 10.2% |
2425 State Highway 357 Comps
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