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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

2888 Ny 7 Pittstown, NY 12185

3 Beds 1 Baths 1,344 sqft Built 1930
Last updated:  Jan 23, 2020

INVESTimate

$108,622

$98.4K - $119K

Price Est.

$1,219

$1.1K - $1.4K

Rent Est.

$110,382  ( +1.62%)   1 YR EST. FORECAST
  
  
  

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2888 Ny 7 PROPERTY INFO

FACTS
  • Built In 1930
  • Price/Sqft : $80.82
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,344 sqft
  • Baths : 1 Full

2888 Ny 7 SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
TAMARAC ELEMENTARY SCHOOL Primary Regular 537 41 5
TAMARAC SECONDARY SCHOOL Middle Regular 755 61 7
TAMARAC SECONDARY SCHOOL High Regular 755 61 7

TAMARAC ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 537
  • # of teachers: 41
5
GreatSchools Rating

TAMARAC SECONDARY SCHOOL

  • Education Level: Middle
  • # of students: 755
  • # of teachers: 61
7
GreatSchools Rating

TAMARAC SECONDARY SCHOOL

  • Education Level: High
  • # of students: 755
  • # of teachers: 61
7
GreatSchools Rating
 

Financial Details

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Neighborhood

VALLEY FALLS

  • 2,057

    POPULATION
  • 771

    HOUSEHOLDS
  • 57.3%

    WHITE COLLAR

Neighborhood : VALLEY FALLS

HOUSEHOLDS
771
POPULATION

2,057

19.2%Renters
80.8%Home Owners
LABOR FORCE

 

57.3%White Collar
42.7%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 72% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,219 per month.

MY RENT : $1,219 MEDIAN RENT : $1,386

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 1.7%
$1,000-1,499 60.4%
>=$1,500 37.9%
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 $1,219 would therefore be considered affordable for annual household incomes greater than $48,760 (12 months x 3.333 x $1,219).

Rent % Affordability
Above $500 93.0%
Above $700 88.9%
Above $1,100 70.3%
Above $1,500 55.2%
Above $1,900 45.5%
HOUSEHOLD INCOME RANGE

Approximately 462 of households in this neighborhood have a total annual income of $48,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,219 per month.

MINIMUM INCOME RANGE : $48,760

Income % Distribution
<$20K 7.0%
$20K-$35K 14.3%
$35K-$60K 23.5%
$60K-$100K 22.7%
>=$100K 32.5%
COMMUTE TIME DISTRIBUTION

64% of the working population has a commute time of 15 to 44 minutes, 11% has a commute time of 14 minutes or less and 25% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.2%
5-9 mins 1.8%
10-14 mins 7.1%
15-19 mins 5.3%
20-29 mins 17.8%
30-44 mins 41.1%
45-59 mins 15.2%
>60 mins 9.6%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 72% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,219 per month.

MY RENT : $1,219 MEDIAN RENT : $1,386

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 1.7%
$1,000-1,499 60.4%
>=$1,500 37.9%
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 $1,219 would therefore be considered affordable for annual household incomes greater than $48,760 (12 months x 3.333 x $1,219).

Rent % Affordability
Above $500 93.0%
Above $700 88.9%
Above $1,100 70.3%
Above $1,500 55.2%
Above $1,900 45.5%
HOUSEHOLD INCOME RANGE

Approximately 462 of households in this neighborhood have a total annual income of $48,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,219 per month.

MINIMUM INCOME RANGE : $48,760

Income % Distribution
<$20K 7.0%
$20K-$35K 14.3%
$35K-$60K 23.5%
$60K-$100K 22.7%
>=$100K 32.5%
COMMUTE TIME DISTRIBUTION

64% of the working population has a commute time of 15 to 44 minutes, 11% has a commute time of 14 minutes or less and 25% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.2%
5-9 mins 1.8%
10-14 mins 7.1%
15-19 mins 5.3%
20-29 mins 17.8%
30-44 mins 41.1%
45-59 mins 15.2%
>60 mins 9.6%

VALLEY FALLS Demographics

INDUSTRY

Industry % Distribution
Construction 9.9%
Educational Services 12.2%
Health Care & Social Assistance 14.4%
Manufacturing 16.2%
Retail & Wholesale Trader 8.3%
Transportation 7.1%
Other 31.9%
AGE DISTRIBUTION

57% of the population is between the ages of 25 and 64, 30% is 24 or younger and 13% is 65 or older.

Age % Distribution
<15 20.4%
15-19 4.9%
20-24 4.9%
25-44 26.4%
45-65 30.1%
66+ 13.2%
OCCUPATION

Occupation % Distribution
Computer Engineering 7.8%
Healthcare 8.0%
Management, Business, & Financial 16.4%
Natural Resources Maintenance 10.3%
Production & Transportation 16.0%
Sales & Office 25.6%
Other 15.9%
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 16.9%
High School 34.6%
Masters Degree 8.6%
Some College 17.5%
Some High School 5.8%
Other 16.7%

2888 Ny 7 Comps

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2888 Ny 7, Pittstown, NY 12185 is a single family home of 1,344 sqft. HomeUnion INVESTimateĀ® for 2888 Ny 7 includes a Price Estimate of $108,622 and a Rent Estimate of $1,219. This single family home has 3 bedrooms,1 bathrooms, and was built in 1930. This property has an estimated 15 year annualized Yield of 13.47% and Total Return of 15.23%. The estimated 1 year forecast in home value for 2888 Ny 7 is 1.62%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NY , RENSSELAER County , or the 12185 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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