INVESTimate
$29,500
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28 Water St PROPERTY INFO
FACTS
- Built In 1870
- Price/Sqft : $54.21
CONSTRUCTION
- Beds : 4
- Floor Size : 1,253 sqft
- Baths : 1 Full 1 Half
28 Water St SCHOOLS
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Financial Details
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HOOSICK FALLS
Neighborhood : HOOSICK FALLS
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 66% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,256 per month.
MY RENT : $1,256 MEDIAN RENT : $1,359
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 $1,256 would therefore be considered affordable for annual household incomes greater than $50,240 (12 months x 3.333 x $1,256).
HOUSEHOLD INCOME RANGE
Approximately 1,213 of households in this neighborhood have a total annual income of $50,240 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,256 per month.
MINIMUM INCOME RANGE : $50,240
COMMUTE TIME DISTRIBUTION
52% of the working population has a commute time of 15 to 44 minutes, 25% has a commute time of 14 minutes or less and 23% has a commute time of 45 minutes or longer.
HOOSICK FALLS Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Arts & Entertainment | 10.1% |
| Educational Services | 6.0% |
| Health Care & Social Assistance | 23.6% |
| Manufacturing | 19.4% |
| Public Administration | 5.9% |
| Retail & Wholesale Trader | 8.6% |
| Other | 26.4% |
AGE DISTRIBUTION
53% of the population is between the ages of 25 and 64, 30% is 24 or younger and 17% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 17.5% |
| 15-19 | 8.5% |
| 20-24 | 4.0% |
| 25-44 | 21.2% |
| 45-65 | 31.4% |
| 66+ | 17.3% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Education | 3.1% |
| Healthcare | 11.4% |
| Management, Business, & Financial | 16.6% |
| Natural Resources Maintenance | 10.4% |
| Production & Transportation | 20.2% |
| Sales & Office | 22.9% |
| Other | 15.3% |
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 | 13.5% |
| High School | 38.5% |
| Masters Degree | 3.2% |
| Some College | 20.6% |
| Some High School | 6.0% |
| Other | 18.2% |
28 Water St Comps
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28 Water St, Hoosick Falls, NY 12090 is a single family home of 1,253 sqft. HomeUnion INVESTimateĀ® for 28 Water St includes a Price Estimate of $67,923 and a Rent Estimate of $1,256. This single family home has 4 bedrooms,2 bathrooms, and was built in 1870. This property has an estimated 15 year annualized Yield of 22.19% and Total Return of 6.31%. The estimated 1 year forecast in home value for 28 Water St is -1.59%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NY , RENSSELAER County , or the 12090 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
