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This page contains information about each property aggregated from public data sources, 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.

25 Meadowland Dr Damascus, PA 18415

3 Beds 2 Baths 1,248 sqft Built 1985
Last updated:  Nov 28, 2019

INVESTimate

$195,991

$182K - $210K

Price Est.

$1,446

$1.2K - $1.7K

Rent Est.

$216,237  ( +10.33%)   1 YR EST. FORECAST

25 Meadowland Dr PROPERTY INFO

FACTS
  • Built In 1985
  • Price/Sqft : $157.04
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,248 sqft
  • Baths : 2 Full
PROPERTY DESCRIPTION
25 Meadowland Dr, Damascus, PA 18415 is a single family home of 1,248 sqft. HomeUnion estimate for 25 Meadowland Dr includes a Price Estimate of $195,991 and a Rent Estimate of $1,446. This single family home has 3 bedrooms, 2 bathrooms, and was built in 1985. This property has an estimated 15 year annualized Yield of 8.85% and Total Return of 32.17%. The estimated 1 year forecast in home value for 25 Meadowland Dr is 10.33%.
  
  
  

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25 Meadowland Dr SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
HONESDALE HIGH SCHOOL High Regular 969 66 8

HONESDALE HIGH SCHOOL

  • Education Level: High
  • # of students: 969
  • # of teachers: 66
8
GreatSchools Rating
 

Financial Details

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Neighborhood

DAMASCUS

  • 1,037

    POPULATION
  • 455

    HOUSEHOLDS
  • 53.5%

    WHITE COLLAR

Neighborhood : DAMASCUS

HOUSEHOLDS
455
POPULATION

1,037

23.3%Renters
76.7%Home Owners
LABOR FORCE

 

53.5%White Collar
46.5%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 54% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,446 per month.

MY RENT : $1,446 MEDIAN RENT : $1,479

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 4.8%
$1,000-1,499 46.6%
>=$1,500 48.6%
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 $1,446 would therefore be considered affordable for annual household incomes greater than $57,840 (12 months x 3.333 x $1,446).

Rent % Affordability
Above $500 85.1%
Above $700 79.9%
Above $1,100 63.2%
Above $1,500 45.0%
Above $1,900 33.6%
HOUSEHOLD INCOME RANGE

Approximately 207 of households in this neighborhood have a total annual income of $57,840 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,446 per month.

MINIMUM INCOME RANGE : $57,840

Income % Distribution
<$20K 14.9%
$20K-$35K 14.4%
$35K-$60K 25.7%
$60K-$100K 31.0%
>=$100K 14.0%
COMMUTE TIME DISTRIBUTION

48% of the working population has a commute time of 15 to 44 minutes, 26% has a commute time of 14 minutes or less and 26% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 5.2%
5-9 mins 2.4%
10-14 mins 18.7%
15-19 mins 7.3%
20-29 mins 16.1%
30-44 mins 24.6%
45-59 mins 6.9%
>60 mins 18.9%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 54% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,446 per month.

MY RENT : $1,446 MEDIAN RENT : $1,479

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 4.8%
$1,000-1,499 46.6%
>=$1,500 48.6%
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 $1,446 would therefore be considered affordable for annual household incomes greater than $57,840 (12 months x 3.333 x $1,446).

Rent % Affordability
Above $500 85.1%
Above $700 79.9%
Above $1,100 63.2%
Above $1,500 45.0%
Above $1,900 33.6%
HOUSEHOLD INCOME RANGE

Approximately 207 of households in this neighborhood have a total annual income of $57,840 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,446 per month.

MINIMUM INCOME RANGE : $57,840

Income % Distribution
<$20K 14.9%
$20K-$35K 14.4%
$35K-$60K 25.7%
$60K-$100K 31.0%
>=$100K 14.0%
COMMUTE TIME DISTRIBUTION

48% of the working population has a commute time of 15 to 44 minutes, 26% has a commute time of 14 minutes or less and 26% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 5.2%
5-9 mins 2.4%
10-14 mins 18.7%
15-19 mins 7.3%
20-29 mins 16.1%
30-44 mins 24.6%
45-59 mins 6.9%
>60 mins 18.9%

DAMASCUS Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 11.8%
Educational Services 10.1%
Health Care & Social Assistance 12.3%
Manufacturing 6.6%
Public Administration 7.5%
Retail & Wholesale Trader 9.7%
Other 42.0%
AGE DISTRIBUTION

57% of the population is between the ages of 25 and 64, 20% is 24 or younger and 24% is 65 or older.

Age % Distribution
<15 15.5%
15-19 1.4%
20-24 2.7%
25-44 26.5%
45-65 30.3%
66+ 23.5%
OCCUPATION

Occupation % Distribution
Healthcare 3.2%
Management, Business, & Financial 16.2%
Natural Resources Maintenance 22.9%
Production & Transportation 14.8%
Protect 5.6%
Sales & Office 29.2%
Other 8.1%
HIGHEST EDUCATION LEVEL

17% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 6.2%
High School 38.4%
Masters Degree 8.8%
Some College 12.1%
Some High School 9.2%
Other 25.3%

25 Meadowland Dr Comps

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Looking for real estate investment properties in this area? You can browse additional properties and view investment data in PA , WAYNE County , or the 18415 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 18469
  2. 18417