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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

243 Burnt Meadow Rd Gardiner, NY 12525

4 Beds 2 Baths 2,100 sqft Built 1992
Last updated:  Nov 28, 2019

INVESTimate

$335,212

$295K - $375K

Price Est.

$2,752

$2.5K - $3.0K

Rent Est.

$342,419  ( +2.15%)   1 YR EST. FORECAST
  
  
  

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243 Burnt Meadow Rd PROPERTY INFO

FACTS
  • Built In 1992
  • Price/Sqft : $159.62
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,100 sqft
  • Baths : 2 Full

243 Burnt Meadow Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
LENAPE ELEMENTARY SCHOOL Primary Regular 518 37 7
NEW PALTZ MIDDLE SCHOOL Middle Regular 543 39 8
NEW PALTZ HIGH SCHOOL High Regular 730 55 8

LENAPE ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 518
  • # of teachers: 37
7
GreatSchools Rating

NEW PALTZ MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 543
  • # of teachers: 39
8
GreatSchools Rating

NEW PALTZ HIGH SCHOOL

  • Education Level: High
  • # of students: 730
  • # of teachers: 55
8
GreatSchools Rating
 

Financial Details

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Neighborhood

GARDINER

  • 3,697

    POPULATION
  • 1,101

    HOUSEHOLDS
  • 75.2%

    WHITE COLLAR

Neighborhood : GARDINER

HOUSEHOLDS
1,101
POPULATION

3,697

21.1%Renters
78.9%Home Owners
LABOR FORCE

 

75.2%White Collar
24.8%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 93% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,752 per month.

MY RENT : $2,752 MEDIAN RENT : $2,064

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 7.4%
>=$1,500 92.6%
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 $2,752 would therefore be considered affordable for annual household incomes greater than $110,080 (12 months x 3.333 x $2,752).

Rent % Affordability
Above $500 94.8%
Above $700 89.6%
Above $1,100 80.0%
Above $1,500 64.5%
Above $1,900 52.1%
HOUSEHOLD INCOME RANGE

Approximately 251 of households in this neighborhood have a total annual income of $110,080 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,752 per month.

MINIMUM INCOME RANGE : $110,080

Income % Distribution
<$20K 5.2%
$20K-$35K 8.1%
$35K-$60K 22.2%
$60K-$100K 23.7%
>=$100K 40.8%
COMMUTE TIME DISTRIBUTION

63% of the working population has a commute time of 15 to 44 minutes, 18% has a commute time of 14 minutes or less and 19% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.8%
5-9 mins 4.8%
10-14 mins 11.7%
15-19 mins 12.3%
20-29 mins 14.9%
30-44 mins 35.3%
45-59 mins 11.1%
>60 mins 8.1%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 93% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,752 per month.

MY RENT : $2,752 MEDIAN RENT : $2,064

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 7.4%
>=$1,500 92.6%
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 $2,752 would therefore be considered affordable for annual household incomes greater than $110,080 (12 months x 3.333 x $2,752).

Rent % Affordability
Above $500 94.8%
Above $700 89.6%
Above $1,100 80.0%
Above $1,500 64.5%
Above $1,900 52.1%
HOUSEHOLD INCOME RANGE

Approximately 251 of households in this neighborhood have a total annual income of $110,080 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,752 per month.

MINIMUM INCOME RANGE : $110,080

Income % Distribution
<$20K 5.2%
$20K-$35K 8.1%
$35K-$60K 22.2%
$60K-$100K 23.7%
>=$100K 40.8%
COMMUTE TIME DISTRIBUTION

63% of the working population has a commute time of 15 to 44 minutes, 18% has a commute time of 14 minutes or less and 19% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.8%
5-9 mins 4.8%
10-14 mins 11.7%
15-19 mins 12.3%
20-29 mins 14.9%
30-44 mins 35.3%
45-59 mins 11.1%
>60 mins 8.1%

GARDINER Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 11.0%
Educational Services 17.9%
Health Care & Social Assistance 15.0%
Manufacturing 12.1%
Professional & Scientific Tech Services 5.7%
Retail & Wholesale Trader 11.9%
Other 26.2%
AGE DISTRIBUTION

57% of the population is between the ages of 25 and 64, 30% is 24 or younger and 13% is 65 or older.

Age % Distribution
<15 20.6%
15-19 5.6%
20-24 3.7%
25-44 26.3%
45-65 30.7%
66+ 13.1%
OCCUPATION

Occupation % Distribution
Computer Engineering 10.4%
Construction 9.4%
Healthcare 7.3%
Management, Business, & Financial 20.6%
Production & Transportation 16.2%
Sales & Office 19.3%
Other 16.8%
HIGHEST EDUCATION LEVEL

26% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 10.5%
High School 26.4%
Masters Degree 12.6%
Some College 17.4%
Some High School 8.5%
Other 24.5%

243 Burnt Meadow Rd Comps

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243 Burnt Meadow Rd, Gardiner, NY 12525 is a single family home of 2,100 sqft. HomeUnion INVESTimateĀ® for 243 Burnt Meadow Rd includes a Price Estimate of $335,212 and a Rent Estimate of $2,752. This single family home has 4 bedrooms,2 bathrooms, and was built in 1992. This property has an estimated 15 year annualized Yield of 9.85% and Total Return of 14.17%. The estimated 1 year forecast in home value for 243 Burnt Meadow Rd is 2.15%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NY , ULSTER County , or the 12525 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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