Sell Your Property on INVESTimate

Easily ACcess a network of motivated buyers
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

...MORE

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

2991 Route 145 East Durham, NY 12423

0 Beds 0 Baths 1,248 sqft Built 1993
Last updated:  Dec 26, 2019

INVESTimate

$149,959

$142K - $158K

Price Est.

$1,449

$1.1K - $1.8K

Rent Est.

$156,542  ( +4.39%)   1 YR EST. FORECAST
  
  
  

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

  • 27440 N ALMA SCHOOL Parkway #33-2 Scottsdale, AZ
    • 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005
    AVAILABLE
    • 15.68% GROSS YIELD
    • $13,349 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $225,000
    • $65,375
    • $2,940
  • 1808 ASHBOROUGH WAY SE Marietta, GA
    • 2 beds 2 baths ∙ 1,252 Sqft ∙ Built 1973 ∙ 1units 2 beds 2 baths ∙ 1,252 Sqft ∙ Built 1973 ∙ 1units
    AVAILABLE fmls
    • 15.60% GROSS YIELD
    • $5,557 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $100,000
    • $32,250
    • $1,300
  • 1206 WALES DRIVE Killeen, TX
    • 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units
    AVAILABLE
    • 15.00% GROSS YIELD
    • $10,563 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $160,000
    • $53,900
    • $2,000
  • 1339 HOLBECH LANE Channelview, TX
    • 3 beds 2 baths ∙ 1,538 Sqft ∙ Built 1980 ∙ 1units 3 beds 2 baths ∙ 1,538 Sqft ∙ Built 1980 ∙ 1units
    AVAILABLE
    • 14.73% GROSS YIELD
    • $7,387 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $110,000
    • $34,900
    • $1,350

2991 Route 145 PROPERTY INFO

FACTS
  • Built In 1993
  • Price/Sqft : $120.16
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,248 sqft
  • Baths : 0 Full

2991 Route 145 SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
CAIRO/DURHAM ELEMENTARY SCHOOL Primary Regular 451 35 NA
CAIRO-DURHAM MIDDLE SCHOOL Middle Regular 325 31 NA
CAIRO-DURHAM HIGH SCHOOL High Magnet 489 37 4

CAIRO/DURHAM ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 451
  • # of teachers: 35
-1
GreatSchools Rating

CAIRO-DURHAM MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 325
  • # of teachers: 31
-1
GreatSchools Rating

CAIRO-DURHAM HIGH SCHOOL

  • Education Level: High
  • # of students: 489
  • # of teachers: 37
4
GreatSchools Rating
 

Financial Details

See Financial Details

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

Already have an account?
Neighborhood

EAST DURHAM

  • 1,065

    POPULATION
  • 382

    HOUSEHOLDS
  • 58.9%

    WHITE COLLAR

Neighborhood : EAST DURHAM

HOUSEHOLDS
382
POPULATION

1,065

20.1%Renters
79.9%Home Owners
LABOR FORCE

 

58.9%White Collar
41.1%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 76% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,449 per month.

MY RENT : $1,449 MEDIAN RENT : $1,752

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.3%
$1,000-1,499 26.7%
>=$1,500 73.0%
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 $1,449 would therefore be considered affordable for annual household incomes greater than $57,960 (12 months x 3.333 x $1,449).

Rent % Affordability
Above $500 82.6%
Above $700 71.7%
Above $1,100 55.4%
Above $1,500 45.5%
Above $1,900 31.2%
HOUSEHOLD INCOME RANGE

Approximately 175 of households in this neighborhood have a total annual income of $57,960 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,449 per month.

MINIMUM INCOME RANGE : $57,960

Income % Distribution
<$20K 17.4%
$20K-$35K 18.2%
$35K-$60K 18.9%
$60K-$100K 22.6%
>=$100K 22.9%
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.

Time (mins) % Distribution
<5 mins 3.8%
5-9 mins 9.1%
10-14 mins 9.5%
15-19 mins 15.1%
20-29 mins 20.4%
30-44 mins 24.8%
45-59 mins 3.6%
>60 mins 13.7%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 76% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,449 per month.

MY RENT : $1,449 MEDIAN RENT : $1,752

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.3%
$1,000-1,499 26.7%
>=$1,500 73.0%
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 $1,449 would therefore be considered affordable for annual household incomes greater than $57,960 (12 months x 3.333 x $1,449).

Rent % Affordability
Above $500 82.6%
Above $700 71.7%
Above $1,100 55.4%
Above $1,500 45.5%
Above $1,900 31.2%
HOUSEHOLD INCOME RANGE

Approximately 175 of households in this neighborhood have a total annual income of $57,960 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,449 per month.

MINIMUM INCOME RANGE : $57,960

Income % Distribution
<$20K 17.4%
$20K-$35K 18.2%
$35K-$60K 18.9%
$60K-$100K 22.6%
>=$100K 22.9%
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.

Time (mins) % Distribution
<5 mins 3.8%
5-9 mins 9.1%
10-14 mins 9.5%
15-19 mins 15.1%
20-29 mins 20.4%
30-44 mins 24.8%
45-59 mins 3.6%
>60 mins 13.7%

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%

2991 Route 145 Comps

Sorry, we do not have sufficient data available.

2991 Route 145, East Durham, NY 12423 is a single family home of 1,248 sqft. HomeUnion INVESTimateĀ® for 2991 Route 145 includes a Price Estimate of $149,959 and a Rent Estimate of $1,449. This single family home has 0 bedrooms,0 bathrooms, and was built in 1993. This property has an estimated 15 year annualized Yield of 11.60% and Total Return of 23.94%. The estimated 1 year forecast in home value for 2991 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

Nearest zipcodes within 2 miles

  1. 12418
  2. 12083
  3. 12413
  4. 12492
  5. 12431
  6. 12422