INVESTimate
$42,903
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2818 Route 145 PROPERTY INFO
FACTS
- Built In 1974
- Price/Sqft : $164.58
CONSTRUCTION
- Beds : 0
- Floor Size : 720 sqft
- Baths : 0 Full
2818 Route 145 SCHOOLS
Financial Details
See Financial Details
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EAST DURHAM
Neighborhood : EAST DURHAM
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 91% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,157 per month.
MY RENT : $1,157 MEDIAN RENT : $1,752
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 $1,157 would therefore be considered affordable for annual household incomes greater than $46,280 (12 months x 3.333 x $1,157).
HOUSEHOLD INCOME RANGE
Approximately 189 of households in this neighborhood have a total annual income of $46,280 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,157 per month.
MINIMUM INCOME RANGE : $46,280
COMMUTE TIME DISTRIBUTION
60% of the working population has a commute time of 15 to 44 minutes, 22% has a commute time of 14 minutes or less and 17% has a commute time of 45 minutes or longer.
EAST DURHAM Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 13.0% |
Construction | 8.8% |
Educational Services | 10.7% |
Health Care & Social Assistance | 11.3% |
Manufacturing | 8.0% |
Retail & Wholesale Trader | 16.8% |
Other | 31.5% |
AGE DISTRIBUTION
52% of the population is between the ages of 25 and 64, 30% is 24 or younger and 18% is 65 or older.
Age | % Distribution |
---|---|
<15 | 15.9% |
15-19 | 7.5% |
20-24 | 6.9% |
25-44 | 22.1% |
45-65 | 30.1% |
66+ | 17.6% |
OCCUPATION
Occupation | % Distribution |
---|---|
Computer Engineering | 6.4% |
Construction | 9.0% |
Management, Business, & Financial | 12.5% |
Natural Resources Maintenance | 12.5% |
Production & Transportation | 17.4% |
Sales & Office | 23.5% |
Other | 18.8% |
HIGHEST EDUCATION LEVEL
27% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 16.0% |
High School | 38.6% |
Masters Degree | 7.3% |
Some College | 14.8% |
Some High School | 7.0% |
Other | 16.4% |
2818 Route 145 Comps
2818 Route 145, East Durham, NY 12423 is a single family home of 720 sqft. HomeUnion INVESTimateĀ® for 2818 Route 145 includes a Price Estimate of $118,501 and a Rent Estimate of $1,157. This single family home has 0 bedrooms,0 bathrooms, and was built in 1974. This property has an estimated 15 year annualized Yield of 11.72% and Total Return of 15.31%. The estimated 1 year forecast in home value for 2818 Route 145 is 4.39%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NY , GREENE County , or the 12423 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2