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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

3010 Carol Ave Village Of Palm Springs, FL 33461

0 Beds 1 Baths 1,056 sqft Built 1955
Last updated:  Dec 26, 2019

INVESTimate

$196,447

$190K - $203K

Price Est.

$1,279

$1.2K - $1.4K

Rent Est.

$217,153  ( +10.54%)   1 YR EST. FORECAST
  
  
  

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3010 Carol Ave PROPERTY INFO

FACTS
  • Built In 1955
  • Price/Sqft : $186.03
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,056 sqft
  • Baths : 1 Full

3010 Carol Ave SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
CLIFFORD O TAYLOR-KIRKLANE ELEMENTARY SCHOOL Primary Regular 1,119 85 3
PALM SPRINGS COMMUNITY MIDDLE SCHOOL Middle Magnet 1,514 91 5
JOHN I. LEONARD HIGH SCHOOL High Magnet 2,499 135 4

CLIFFORD O TAYLOR-KIRKLANE ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 1,119
  • # of teachers: 85
3
GreatSchools Rating

PALM SPRINGS COMMUNITY MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 1,514
  • # of teachers: 91
5
GreatSchools Rating

JOHN I. LEONARD HIGH SCHOOL

  • Education Level: High
  • # of students: 2,499
  • # of teachers: 135
4
GreatSchools Rating
 

Financial Details

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Neighborhood

Congress Park North

  • 301

    POPULATION
  • 101

    HOUSEHOLDS
  • 56.6%

    WHITE COLLAR

Neighborhood : Congress Park North

HOUSEHOLDS
101
POPULATION

301

47.1%Renters
52.9%Home Owners
LABOR FORCE

 

56.6%White Collar
43.4%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 81% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,279 per month.

MY RENT : $1,279 MEDIAN RENT : $1,700

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 33.3%
>=$1,500 66.7%
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 $1,279 would therefore be considered affordable for annual household incomes greater than $51,160 (12 months x 3.333 x $1,279).

Rent % Affordability
Above $500 75.0%
Above $700 70.6%
Above $1,100 45.4%
Above $1,500 25.0%
Above $1,900 18.6%
HOUSEHOLD INCOME RANGE

Approximately 29 of households in this neighborhood have a total annual income of $51,160 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,279 per month.

MINIMUM INCOME RANGE : $51,160

Income % Distribution
<$20K 25.0%
$20K-$35K 20.0%
$35K-$60K 30.0%
$60K-$100K 17.0%
>=$100K 8.0%
COMMUTE TIME DISTRIBUTION

77% of the working population has a commute time of 15 to 44 minutes, 20% has a commute time of 14 minutes or less and 3% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.4%
5-9 mins 8.6%
10-14 mins 7.8%
15-19 mins 7.8%
20-29 mins 37.1%
30-44 mins 31.9%
45-59 mins 0.9%
>60 mins 2.6%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 81% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,279 per month.

MY RENT : $1,279 MEDIAN RENT : $1,700

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 33.3%
>=$1,500 66.7%
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 $1,279 would therefore be considered affordable for annual household incomes greater than $51,160 (12 months x 3.333 x $1,279).

Rent % Affordability
Above $500 75.0%
Above $700 70.6%
Above $1,100 45.4%
Above $1,500 25.0%
Above $1,900 18.6%
HOUSEHOLD INCOME RANGE

Approximately 29 of households in this neighborhood have a total annual income of $51,160 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,279 per month.

MINIMUM INCOME RANGE : $51,160

Income % Distribution
<$20K 25.0%
$20K-$35K 20.0%
$35K-$60K 30.0%
$60K-$100K 17.0%
>=$100K 8.0%
COMMUTE TIME DISTRIBUTION

77% of the working population has a commute time of 15 to 44 minutes, 20% has a commute time of 14 minutes or less and 3% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.4%
5-9 mins 8.6%
10-14 mins 7.8%
15-19 mins 7.8%
20-29 mins 37.1%
30-44 mins 31.9%
45-59 mins 0.9%
>60 mins 2.6%

Congress Park North Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 5.2%
Financial Industries 6.9%
Health Care & Social Assistance 12.9%
Professional & Scientific Tech Services 5.2%
Public Administration 14.7%
Retail & Wholesale Trader 26.7%
Other 28.4%
AGE DISTRIBUTION

49% of the population is between the ages of 25 and 64, 39% is 24 or younger and 12% is 65 or older.

Age % Distribution
<15 24.9%
15-19 6.0%
20-24 8.0%
25-44 22.3%
45-65 26.6%
66+ 12.3%
OCCUPATION

Occupation % Distribution
Clean 6.9%
Healthcare 6.9%
Management, Business, & Financial 15.3%
Natural Resources Maintenance 11.1%
Production & Transportation 5.6%
Sales & Office 40.3%
Other 13.9%
HIGHEST EDUCATION LEVEL

10% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 8.9%
High School 35.1%
Masters Degree 1.6%
Some College 26.7%
Some High School 20.9%
Other 6.8%

3010 Carol Ave Comps

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3010 Carol Ave, Village Of Palm Springs, FL 33461 is a single family home of 1,056 sqft. HomeUnion INVESTimateĀ® for 3010 Carol Ave includes a Price Estimate of $196,447 and a Rent Estimate of $1,279. This single family home has 0 bedrooms,1 bathrooms, and was built in 1955. This property has an estimated 15 year annualized Yield of 7.81% and Total Return of 27.40%. The estimated 1 year forecast in home value for 3010 Carol Ave is 10.54%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in FL , PALM BEACH County , or the 33461 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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