Sell Your Property on INVESTimate

Easily ACcess a network of motivated buyers
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

...MORE

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

2596 State Route 228 Alpine, NY 14805

4 Beds 3 Baths 2,587 sqft Built 2010
Last updated:  Jan 23, 2020

INVESTimate

$300,787

$275K - $327K

Price Est.

$2,432

$1.4K - $3.4K

Rent Est.

$305,359  ( +1.52%)   1 YR EST. FORECAST
  
  
  

The following properties with Estimated Highest Gross Yields are available in other markets.

  • 27440 N ALMA SCHOOL Parkway #33-2 Scottsdale, AZ
    • 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005
    AVAILABLE
    • 15.68% GROSS YIELD
    • $13,349 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $225,000
    • $65,375
    • $2,940
  • 1206 WALES DRIVE Killeen, TX
    • 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units
    AVAILABLE
    • 15.00% GROSS YIELD
    • $10,563 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $160,000
    • $53,900
    • $2,000
  • 3349 JAPONICA RD N JACKSONVILLE, FL
    • 4 beds 2 baths ∙ 1,872 Sqft ∙ Built 1955 4 beds 2 baths ∙ 1,872 Sqft ∙ Built 1955
    AVAILABLE
    • 14.68% GROSS YIELD
    • $6,334 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $85,000
    • $28,275
    • $1,040
  • 1924 Upland Drive Houston, TX
    • 3 beds 2 baths ∙ 2,652 Sqft ∙ Built 1980 ∙ 2units 3 beds 2 baths ∙ 2,652 Sqft ∙ Built 1980 ∙ 2units
    AVAILABLE
    • 14.40% GROSS YIELD
    • $12,143 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $200,000
    • $64,500
    • $2,400

2596 State Route 228 PROPERTY INFO

FACTS
  • Built In 2010
  • Price/Sqft : $116.27
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,587 sqft
  • Baths : 2 Full 1 Half

2596 State Route 228 SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
HOWARD A. HANLON ELEMENTARY SCHOOL Primary Regular 227 14 4
ODESSA-MONTOUR JR.-SR. HIGH SCHOOL Middle Regular 358 27 6
ODESSA-MONTOUR JR.-SR. HIGH SCHOOL High Regular 358 27 6

HOWARD A. HANLON ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 227
  • # of teachers: 14
4
GreatSchools Rating

ODESSA-MONTOUR JR.-SR. HIGH SCHOOL

  • Education Level: Middle
  • # of students: 358
  • # of teachers: 27
6
GreatSchools Rating

ODESSA-MONTOUR JR.-SR. HIGH SCHOOL

  • Education Level: High
  • # of students: 358
  • # of teachers: 27
6
GreatSchools Rating
 

Financial Details

See Financial Details

To review the detailed projections for this property, sign up for a FREE account

Already have an account?
Neighborhood

ALPINE

  • 1,140

    POPULATION
  • 457

    HOUSEHOLDS
  • 55.4%

    WHITE COLLAR

Neighborhood : ALPINE

HOUSEHOLDS
457
POPULATION

1,140

17.8%Renters
82.2%Home Owners
LABOR FORCE

 

55.4%White Collar
44.6%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 55% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,432 per month.

MY RENT : $2,432 MEDIAN RENT : $1,554

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.3%
$1,000-1,499 44.6%
>=$1,500 55.1%
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 $2,432 would therefore be considered affordable for annual household incomes greater than $97,280 (12 months x 3.333 x $2,432).

Rent % Affordability
Above $500 80.1%
Above $700 75.0%
Above $1,100 58.5%
Above $1,500 43.2%
Above $1,900 31.2%
HOUSEHOLD INCOME RANGE

Approximately 95 of households in this neighborhood have a total annual income of $97,280 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,432 per month.

MINIMUM INCOME RANGE : $97,280

Income % Distribution
<$20K 19.9%
$20K-$35K 12.0%
$35K-$60K 24.9%
$60K-$100K 23.1%
>=$100K 20.1%
COMMUTE TIME DISTRIBUTION

63% of the working population has a commute time of 15 to 44 minutes, 20% has a commute time of 14 minutes or less and 17% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.5%
5-9 mins 11.0%
10-14 mins 6.5%
15-19 mins 13.5%
20-29 mins 20.7%
30-44 mins 28.7%
45-59 mins 13.1%
>60 mins 4.2%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 55% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,432 per month.

MY RENT : $2,432 MEDIAN RENT : $1,554

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.3%
$1,000-1,499 44.6%
>=$1,500 55.1%
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 $2,432 would therefore be considered affordable for annual household incomes greater than $97,280 (12 months x 3.333 x $2,432).

Rent % Affordability
Above $500 80.1%
Above $700 75.0%
Above $1,100 58.5%
Above $1,500 43.2%
Above $1,900 31.2%
HOUSEHOLD INCOME RANGE

Approximately 95 of households in this neighborhood have a total annual income of $97,280 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,432 per month.

MINIMUM INCOME RANGE : $97,280

Income % Distribution
<$20K 19.9%
$20K-$35K 12.0%
$35K-$60K 24.9%
$60K-$100K 23.1%
>=$100K 20.1%
COMMUTE TIME DISTRIBUTION

63% of the working population has a commute time of 15 to 44 minutes, 20% has a commute time of 14 minutes or less and 17% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.5%
5-9 mins 11.0%
10-14 mins 6.5%
15-19 mins 13.5%
20-29 mins 20.7%
30-44 mins 28.7%
45-59 mins 13.1%
>60 mins 4.2%

ALPINE Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 6.6%
Construction 9.9%
Educational Services 17.2%
Health Care & Social Assistance 13.7%
Manufacturing 13.1%
Retail & Wholesale Trader 12.6%
Other 27.0%
AGE DISTRIBUTION

51% of the population is between the ages of 25 and 64, 33% is 24 or younger and 16% is 65 or older.

Age % Distribution
<15 16.3%
15-19 6.6%
20-24 9.8%
25-44 20.5%
45-65 30.3%
66+ 16.5%
OCCUPATION

Occupation % Distribution
Construction 5.5%
Healthcare 9.3%
Management, Business, & Financial 12.3%
Natural Resources Maintenance 13.1%
Production & Transportation 20.2%
Sales & Office 17.8%
Other 21.9%
HIGHEST EDUCATION LEVEL

22% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 9.8%
High School 37.9%
Masters Degree 8.4%
Some College 15.2%
Some High School 9.3%
Other 19.4%

2596 State Route 228 Comps

Sorry, we do not have sufficient data available.

2596 State Route 228, Alpine, NY 14805 is a single family home of 2,587 sqft. HomeUnion INVESTimateĀ® for 2596 State Route 228 includes a Price Estimate of $300,787 and a Rent Estimate of $2,432. This single family home has 4 bedrooms,3 bathrooms, and was built in 2010. This property has an estimated 15 year annualized Yield of 9.70% and Total Return of 16.37%. The estimated 1 year forecast in home value for 2596 State Route 228 is 1.52%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NY , SCHUYLER County , or the 14805 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Similar Investment Properties By Bed/Bath within 2 miles

No Properties available

Similar Investment Properties By List Price within 2 miles

  1. 2674 Cottage Rd
  2. 2748 Cottage Rd
  3. 3041 Carley Rd
  4. 2898 Campbell Rd

Nearest zipcodes within 2 miles

  1. 14869