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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

299 Walt Phillips Rd 35 Sherburne, NY 13460

2 Beds 1 Baths 1,064 sqft Built 1940
Last updated:  Nov 28, 2019

INVESTimate

$109,683

$100K - $119K

Price Est.

$1,435

$1.1K - $1.8K

Rent Est.

$117,141  ( +6.8%)   1 YR EST. FORECAST
  
  
  

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299 Walt Phillips Rd 35 PROPERTY INFO

FACTS
  • Built In 1940
  • Price/Sqft : $103.09
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,064 sqft
  • Baths : 1 Full

299 Walt Phillips Rd 35 SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
UNADILLA VALLEY MIDDLE SCHOOL Primary Regular 859 70 5
UNADILLA VALLEY MIDDLE SCHOOL Middle Regular 859 70 5
UNADILLA VALLEY MIDDLE SCHOOL High Regular 859 70 5

UNADILLA VALLEY MIDDLE SCHOOL

  • Education Level: Primary
  • # of students: 859
  • # of teachers: 70
5
GreatSchools Rating

UNADILLA VALLEY MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 859
  • # of teachers: 70
5
GreatSchools Rating

UNADILLA VALLEY MIDDLE SCHOOL

  • Education Level: High
  • # of students: 859
  • # of teachers: 70
5
GreatSchools Rating
 

Financial Details

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Neighborhood

SHERBURNE

  • 4,262

    POPULATION
  • 1,852

    HOUSEHOLDS
  • 60.8%

    WHITE COLLAR

Neighborhood : SHERBURNE

HOUSEHOLDS
1,852
POPULATION

4,262

29.5%Renters
70.5%Home Owners
LABOR FORCE

 

60.8%White Collar
39.2%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 80% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,435 per month.

MY RENT : $1,435 MEDIAN RENT : $1,820

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.3%
$1,000-1,499 22.1%
>=$1,500 77.6%
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 $1,435 would therefore be considered affordable for annual household incomes greater than $57,400 (12 months x 3.333 x $1,435).

Rent % Affordability
Above $500 77.4%
Above $700 66.5%
Above $1,100 49.3%
Above $1,500 38.4%
Above $1,900 24.7%
HOUSEHOLD INCOME RANGE

Approximately 728 of households in this neighborhood have a total annual income of $57,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,435 per month.

MINIMUM INCOME RANGE : $57,400

Income % Distribution
<$20K 22.6%
$20K-$35K 18.3%
$35K-$60K 20.7%
$60K-$100K 25.1%
>=$100K 13.3%
COMMUTE TIME DISTRIBUTION

51% of the working population has a commute time of 15 to 44 minutes, 38% has a commute time of 14 minutes or less and 11% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 8.1%
5-9 mins 13.8%
10-14 mins 16.0%
15-19 mins 17.1%
20-29 mins 24.0%
30-44 mins 10.4%
45-59 mins 3.9%
>60 mins 6.7%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 80% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,435 per month.

MY RENT : $1,435 MEDIAN RENT : $1,820

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.3%
$1,000-1,499 22.1%
>=$1,500 77.6%
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 $1,435 would therefore be considered affordable for annual household incomes greater than $57,400 (12 months x 3.333 x $1,435).

Rent % Affordability
Above $500 77.4%
Above $700 66.5%
Above $1,100 49.3%
Above $1,500 38.4%
Above $1,900 24.7%
HOUSEHOLD INCOME RANGE

Approximately 728 of households in this neighborhood have a total annual income of $57,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,435 per month.

MINIMUM INCOME RANGE : $57,400

Income % Distribution
<$20K 22.6%
$20K-$35K 18.3%
$35K-$60K 20.7%
$60K-$100K 25.1%
>=$100K 13.3%
COMMUTE TIME DISTRIBUTION

51% of the working population has a commute time of 15 to 44 minutes, 38% has a commute time of 14 minutes or less and 11% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 8.1%
5-9 mins 13.8%
10-14 mins 16.0%
15-19 mins 17.1%
20-29 mins 24.0%
30-44 mins 10.4%
45-59 mins 3.9%
>60 mins 6.7%

SHERBURNE Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 7.2%
Educational Services 13.2%
Health Care & Social Assistance 12.2%
Manufacturing 13.6%
Public Administration 6.8%
Retail & Wholesale Trader 10.7%
Other 36.4%
AGE DISTRIBUTION

52% of the population is between the ages of 25 and 64, 29% is 24 or younger and 19% is 65 or older.

Age % Distribution
<15 17.7%
15-19 5.8%
20-24 5.2%
25-44 20.2%
45-65 32.2%
66+ 18.8%
OCCUPATION

Occupation % Distribution
Construction 4.9%
Healthcare 11.2%
Management, Business, & Financial 19.9%
Natural Resources Maintenance 9.6%
Production & Transportation 16.9%
Sales & Office 18.2%
Other 19.2%
HIGHEST EDUCATION LEVEL

20% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 12.1%
High School 33.8%
Masters Degree 7.1%
Some College 20.5%
Some High School 14.9%
Other 11.5%

299 Walt Phillips Rd 35 Comps

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299 Walt Phillips Rd 35, Sherburne, NY 13460 is a single family home of 1,064 sqft. HomeUnion INVESTimateĀ® for 299 Walt Phillips Rd 35 includes a Price Estimate of $109,683 and a Rent Estimate of $1,435. This single family home has 2 bedrooms,1 bathrooms, and was built in 1940. This property has an estimated 15 year annualized Yield of 15.70% and Total Return of 28.96%. The estimated 1 year forecast in home value for 299 Walt Phillips Rd 35 is 6.8%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NY , CHENANGO County , or the 13460 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 13411