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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

2553 County Route 8 Elizaville, NY 12523

3 Beds 1 Baths 1,481 sqft Built 1890
Last updated:  Jan 23, 2020

INVESTimate

$217,366

$199K - $236K

Price Est.

$1,705

$1.5K - $1.9K

Rent Est.

$225,213  ( +3.61%)   1 YR EST. FORECAST
  
  
  

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2553 County Route 8 PROPERTY INFO

FACTS
  • Built In 1890
  • Price/Sqft : $146.77
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,481 sqft
  • Baths : 1 Full

2553 County Route 8 SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
GERMANTOWN CENTRAL SCHOOL Primary Regular 603 56 NA
GERMANTOWN CENTRAL SCHOOL Middle Regular 603 56 NA
GERMANTOWN CENTRAL SCHOOL High Regular 603 56 NA

GERMANTOWN CENTRAL SCHOOL

  • Education Level: Primary
  • # of students: 603
  • # of teachers: 56
0
GreatSchools Rating

GERMANTOWN CENTRAL SCHOOL

  • Education Level: Middle
  • # of students: 603
  • # of teachers: 56
0
GreatSchools Rating

GERMANTOWN CENTRAL SCHOOL

  • Education Level: High
  • # of students: 603
  • # of teachers: 56
0
GreatSchools Rating
 

Financial Details

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Neighborhood

ELIZAVILLE

  • 1,784

    POPULATION
  • 782

    HOUSEHOLDS
  • 63.4%

    WHITE COLLAR

Neighborhood : ELIZAVILLE

HOUSEHOLDS
782
POPULATION

1,784

19.7%Renters
80.3%Home Owners
LABOR FORCE

 

63.4%White Collar
36.6%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 96% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,705 per month.

MY RENT : $1,705 MEDIAN RENT : $1,862

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 4.3%
>=$1,500 95.7%
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 $1,705 would therefore be considered affordable for annual household incomes greater than $68,200 (12 months x 3.333 x $1,705).

Rent % Affordability
Above $500 89.6%
Above $700 83.5%
Above $1,100 73.2%
Above $1,500 57.3%
Above $1,900 47.1%
HOUSEHOLD INCOME RANGE

Approximately 276 of households in this neighborhood have a total annual income of $68,200 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,705 per month.

MINIMUM INCOME RANGE : $68,200

Income % Distribution
<$20K 10.4%
$20K-$35K 11.2%
$35K-$60K 21.2%
$60K-$100K 32.1%
>=$100K 25.2%
COMMUTE TIME DISTRIBUTION

64% of the working population has a commute time of 15 to 44 minutes, 17% has a commute time of 14 minutes or less and 20% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.7%
5-9 mins 4.3%
10-14 mins 8.7%
15-19 mins 12.7%
20-29 mins 30.9%
30-44 mins 20.0%
45-59 mins 6.5%
>60 mins 13.2%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 96% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,705 per month.

MY RENT : $1,705 MEDIAN RENT : $1,862

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 4.3%
>=$1,500 95.7%
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 $1,705 would therefore be considered affordable for annual household incomes greater than $68,200 (12 months x 3.333 x $1,705).

Rent % Affordability
Above $500 89.6%
Above $700 83.5%
Above $1,100 73.2%
Above $1,500 57.3%
Above $1,900 47.1%
HOUSEHOLD INCOME RANGE

Approximately 276 of households in this neighborhood have a total annual income of $68,200 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,705 per month.

MINIMUM INCOME RANGE : $68,200

Income % Distribution
<$20K 10.4%
$20K-$35K 11.2%
$35K-$60K 21.2%
$60K-$100K 32.1%
>=$100K 25.2%
COMMUTE TIME DISTRIBUTION

64% of the working population has a commute time of 15 to 44 minutes, 17% has a commute time of 14 minutes or less and 20% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.7%
5-9 mins 4.3%
10-14 mins 8.7%
15-19 mins 12.7%
20-29 mins 30.9%
30-44 mins 20.0%
45-59 mins 6.5%
>60 mins 13.2%

ELIZAVILLE Demographics

INDUSTRY

Industry % Distribution
Construction 8.0%
Educational Services 9.9%
Health Care & Social Assistance 17.4%
Professional & Scientific Tech Services 6.4%
Public Administration 6.8%
Retail & Wholesale Trader 19.5%
Other 32.0%
AGE DISTRIBUTION

56% of the population is between the ages of 25 and 64, 22% is 24 or younger and 22% is 65 or older.

Age % Distribution
<15 11.3%
15-19 5.1%
20-24 5.7%
25-44 21.4%
45-65 34.9%
66+ 21.6%
OCCUPATION

Occupation % Distribution
Clean 5.6%
Healthcare 11.4%
Management, Business, & Financial 12.7%
Natural Resources Maintenance 9.5%
Production & Transportation 9.9%
Sales & Office 28.5%
Other 22.5%
HIGHEST EDUCATION LEVEL

21% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 6.1%
High School 32.5%
Masters Degree 8.5%
Some College 22.7%
Some High School 13.3%
Other 16.9%

2553 County Route 8 Comps

Sorry, we do not have sufficient data available.

2553 County Route 8, Elizaville, NY 12523 is a single family home of 1,481 sqft. HomeUnion INVESTimateĀ® for 2553 County Route 8 includes a Price Estimate of $217,366 and a Rent Estimate of $1,705. This single family home has 3 bedrooms,1 bathrooms, and was built in 1890. This property has an estimated 15 year annualized Yield of 9.41% and Total Return of 20.57%. The estimated 1 year forecast in home value for 2553 County Route 8 is 3.61%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NY , COLUMBIA County , or the 12523 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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