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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

28 Cram Rd East Baldwin, ME 04024

0 Beds 0 Baths 944 sqft Built 0
Last updated:  Dec 26, 2019

INVESTimate

$323,208

$295K - $351K

Price Est.

$1,185

$1.1K - $1.3K

Rent Est.

$335,264  ( +3.73%)   1 YR EST. FORECAST
  
  
  

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28 Cram Rd PROPERTY INFO

FACTS
  • Built In 0
  • Price/Sqft : $342.38
CONSTRUCTION
  • Beds : 0
  • Floor Size : 944 sqft
  • Baths : 0 Full

28 Cram Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
SACOPEE VALLEY HIGH SCHOOL High Regular 401 36 6

SACOPEE VALLEY HIGH SCHOOL

  • Education Level: High
  • # of students: 401
  • # of teachers: 36
6
GreatSchools Rating
 

Financial Details

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Neighborhood

EAST BALDWIN

  • 572

    POPULATION
  • 226

    HOUSEHOLDS
  • 57.8%

    WHITE COLLAR

Neighborhood : EAST BALDWIN

HOUSEHOLDS
226
POPULATION

572

9.7%Renters
90.3%Home Owners
LABOR FORCE

 

57.8%White Collar
42.2%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 65% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,185 per month.

MY RENT : $1,185 MEDIAN RENT : $1,258

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 1.3%
$1,000-1,499 90.5%
>=$1,500 8.2%
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 $1,185 would therefore be considered affordable for annual household incomes greater than $47,400 (12 months x 3.333 x $1,185).

Rent % Affordability
Above $500 81.2%
Above $700 75.3%
Above $1,100 59.8%
Above $1,500 47.3%
Above $1,900 33.3%
HOUSEHOLD INCOME RANGE

Approximately 116 of households in this neighborhood have a total annual income of $47,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,185 per month.

MINIMUM INCOME RANGE : $47,400

Income % Distribution
<$20K 18.8%
$20K-$35K 12.1%
$35K-$60K 21.9%
$60K-$100K 29.0%
>=$100K 18.3%
COMMUTE TIME DISTRIBUTION

44% of the working population has a commute time of 15 to 44 minutes, 16% has a commute time of 14 minutes or less and 40% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 5.5%
5-9 mins 5.1%
10-14 mins 5.1%
15-19 mins 7.0%
20-29 mins 11.0%
30-44 mins 26.5%
45-59 mins 24.3%
>60 mins 15.4%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 65% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,185 per month.

MY RENT : $1,185 MEDIAN RENT : $1,258

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 1.3%
$1,000-1,499 90.5%
>=$1,500 8.2%
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 $1,185 would therefore be considered affordable for annual household incomes greater than $47,400 (12 months x 3.333 x $1,185).

Rent % Affordability
Above $500 81.2%
Above $700 75.3%
Above $1,100 59.8%
Above $1,500 47.3%
Above $1,900 33.3%
HOUSEHOLD INCOME RANGE

Approximately 116 of households in this neighborhood have a total annual income of $47,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,185 per month.

MINIMUM INCOME RANGE : $47,400

Income % Distribution
<$20K 18.8%
$20K-$35K 12.1%
$35K-$60K 21.9%
$60K-$100K 29.0%
>=$100K 18.3%
COMMUTE TIME DISTRIBUTION

44% of the working population has a commute time of 15 to 44 minutes, 16% has a commute time of 14 minutes or less and 40% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 5.5%
5-9 mins 5.1%
10-14 mins 5.1%
15-19 mins 7.0%
20-29 mins 11.0%
30-44 mins 26.5%
45-59 mins 24.3%
>60 mins 15.4%

EAST BALDWIN Demographics

INDUSTRY

Industry % Distribution
Educational Services 9.9%
Health Care & Social Assistance 14.7%
Manufacturing 10.6%
Public Administration 6.8%
Retail & Wholesale Trader 17.1%
Transportation 8.2%
Other 32.5%
AGE DISTRIBUTION

59% of the population is between the ages of 25 and 64, 23% is 24 or younger and 17% is 65 or older.

Age % Distribution
<15 13.6%
15-19 5.9%
20-24 3.8%
25-44 24.7%
45-65 34.4%
66+ 17.5%
OCCUPATION

Occupation % Distribution
Construction 4.8%
Healthcare 6.9%
Management, Business, & Financial 12.2%
Natural Resources Maintenance 14.9%
Production & Transportation 15.4%
Sales & Office 28.2%
Other 17.6%
HIGHEST EDUCATION LEVEL

14% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 10.0%
High School 47.2%
Masters Degree 2.9%
Some College 17.0%
Some High School 7.9%
Other 15.0%

28 Cram Rd Comps

Sorry, we do not have sufficient data available.

28 Cram Rd, East Baldwin, ME 04024 is a single family home of 944 sqft. HomeUnion INVESTimateĀ® for 28 Cram Rd includes a Price Estimate of $323,208 and a Rent Estimate of $1,185. This single family home has 0 bedrooms,0 bathrooms, and was built in 0. This property has an estimated 15 year annualized Yield of 4.40% and Total Return of 12.48%. The estimated 1 year forecast in home value for 28 Cram Rd is 3.73%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in ME , CUMBERLAND County , or the 04024 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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Nearest zipcodes within 2 miles

  1. 04091
  2. 04029
  3. 04092