Sell Your Property

Easily Access a network of motivated buyers
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.

...MORE

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.

280 Spain Gulf Rd N Rd Poland, NY 13431

3 Beds 2 Baths 1,792 sqft Built 2003
Last updated:  Nov 28, 2019

INVESTimate

$168,884

$157K - $180K

Price Est.

$1,326

$1.0K - $1.6K

Rent Est.

$172,920  ( +2.39%)   1 YR EST. FORECAST

280 Spain Gulf Rd N Rd PROPERTY INFO

FACTS
  • Built In 2003
  • Price/Sqft : $94.24
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,792 sqft
  • Baths : 2 Full
PROPERTY DESCRIPTION
280 Spain Gulf Rd N Rd, Poland, NY 13431 is a single family home of 1,792 sqft. HomeUnion estimate for 280 Spain Gulf Rd N Rd includes a Price Estimate of $168,884 and a Rent Estimate of $1,326. This single family home has 3 bedrooms, 2 bathrooms, and was built in 2003. This property has an estimated 15 year annualized Yield of 9.42% and Total Return of 17.80%. The estimated 1 year forecast in home value for 280 Spain Gulf Rd N Rd is 2.39%.
  
  
  

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

  • 1147 W ROSEWOOD AVE San Antonio, TX
    • 2 beds 2 baths ∙ 1,006 Sqft ∙ Built 1920 ∙ 2units 2 beds 2 baths ∙ 1,006 Sqft ∙ Built 1920 ∙ 2units
    AVAILABLE
    • 12.70% GROSS YIELD
    • $11,492 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $189,023
    • $61,591
    • $2,000
  • 2032 GLENRIDGE DRIVE Indianapolis, IN
    • 4 beds 1 baths ∙ 1,820 Sqft ∙ Built 1949 ∙ 1units 4 beds 1 baths ∙ 1,820 Sqft ∙ Built 1949 ∙ 1units
    AVAILABLE
    • 12.40% GROSS YIELD
    • $5,248 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $90,000
    • $29,600
    • $930
  • 8610 CRYSTAL COVE CIRCLE Houston, TX
    • 3 beds 2 baths ∙ 1,176 Sqft ∙ Built 1981 ∙ 1units 3 beds 2 baths ∙ 1,176 Sqft ∙ Built 1981 ∙ 1units
    AVAILABLE
    • 12.03% GROSS YIELD
    • $6,018 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $134,700
    • $41,446
    • $1,350
  • 809 California STREET Tallahassee, FL
    • 8 beds 8 baths ∙ 3,840 Sqft ∙ Built 1978 ∙ 4units 8 beds 8 baths ∙ 3,840 Sqft ∙ Built 1978 ∙ 4units
    AVAILABLE
    • 11.70% GROSS YIELD
    • $19,240 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $299,900
    • $90,974
    • $2,925

280 Spain Gulf Rd N Rd SCHOOLS

Sorry, we do not have sufficient school data for this neighborhood.
 

Financial Details

See Financial Details

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

Already have an account?
Neighborhood

POLAND

  • 2,127

    POPULATION
  • 784

    HOUSEHOLDS
  • 63.3%

    WHITE COLLAR

Neighborhood : POLAND

HOUSEHOLDS
784
POPULATION

2,127

13.4%Renters
86.6%Home Owners
LABOR FORCE

 

63.3%White Collar
36.7%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 60% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,326 per month.

MY RENT : $1,326 MEDIAN RENT : $1,419

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.5%
$1,000-1,499 60.0%
>=$1,500 39.5%
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 $1,326 would therefore be considered affordable for annual household incomes greater than $53,040 (12 months x 3.333 x $1,326).

Rent % Affordability
Above $500 86.6%
Above $700 78.7%
Above $1,100 62.5%
Above $1,500 48.2%
Above $1,900 38.0%
HOUSEHOLD INCOME RANGE

Approximately 400 of households in this neighborhood have a total annual income of $53,040 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,326 per month.

MINIMUM INCOME RANGE : $53,040

Income % Distribution
<$20K 13.4%
$20K-$35K 14.4%
$35K-$60K 24.1%
$60K-$100K 20.6%
>=$100K 27.5%
COMMUTE TIME DISTRIBUTION

63% of the working population has a commute time of 15 to 44 minutes, 23% has a commute time of 14 minutes or less and 13% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 5.9%
5-9 mins 7.4%
10-14 mins 10.0%
15-19 mins 9.3%
20-29 mins 24.8%
30-44 mins 29.4%
45-59 mins 3.9%
>60 mins 9.3%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 60% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,326 per month.

MY RENT : $1,326 MEDIAN RENT : $1,419

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.5%
$1,000-1,499 60.0%
>=$1,500 39.5%
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 $1,326 would therefore be considered affordable for annual household incomes greater than $53,040 (12 months x 3.333 x $1,326).

Rent % Affordability
Above $500 86.6%
Above $700 78.7%
Above $1,100 62.5%
Above $1,500 48.2%
Above $1,900 38.0%
HOUSEHOLD INCOME RANGE

Approximately 400 of households in this neighborhood have a total annual income of $53,040 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,326 per month.

MINIMUM INCOME RANGE : $53,040

Income % Distribution
<$20K 13.4%
$20K-$35K 14.4%
$35K-$60K 24.1%
$60K-$100K 20.6%
>=$100K 27.5%
COMMUTE TIME DISTRIBUTION

63% of the working population has a commute time of 15 to 44 minutes, 23% has a commute time of 14 minutes or less and 13% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 5.9%
5-9 mins 7.4%
10-14 mins 10.0%
15-19 mins 9.3%
20-29 mins 24.8%
30-44 mins 29.4%
45-59 mins 3.9%
>60 mins 9.3%

POLAND Demographics

INDUSTRY

Industry % Distribution
Construction 10.5%
Educational Services 8.4%
Health Care & Social Assistance 18.5%
Manufacturing 8.2%
Public Administration 7.3%
Retail & Wholesale Trader 14.9%
Other 32.2%
AGE DISTRIBUTION

53% of the population is between the ages of 25 and 64, 32% is 24 or younger and 16% is 65 or older.

Age % Distribution
<15 22.1%
15-19 6.3%
20-24 3.3%
25-44 24.1%
45-65 28.4%
66+ 15.7%
OCCUPATION

Occupation % Distribution
Construction 5.4%
Healthcare 10.4%
Management, Business, & Financial 15.1%
Natural Resources Maintenance 12.2%
Production & Transportation 13.4%
Sales & Office 26.2%
Other 17.2%
HIGHEST EDUCATION LEVEL

23% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 12.4%
High School 35.3%
Masters Degree 9.2%
Some College 16.7%
Some High School 8.0%
Other 18.3%

280 Spain Gulf Rd N Rd Comps

Sorry, we do not have sufficient data available.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NY , HERKIMER County , or the 13431 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 13502
  2. 13340
  3. 13416