1. < Chillington Ln

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This page contains information about each property aggregated from public data sources, 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.

31 Chillington Ln Mendon, NY 14506

4 Beds 3 Baths 2,113 sqft Built 1977
Last updated:  Jan 23, 2020

INVESTimate

$258,342

$247K - $269K

Price Est.

$2,293

$2.0K - $2.5K

Rent Est.

$79,961

Investment Est.

$266,635  ( +3.21%)   1 YR EST. FORECAST

31 Chillington Ln PROPERTY INFO

FACTS
  • Built In 1977
  • Price/Sqft : $122.26
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,113 sqft
  • Baths : 2 Full 1 Half
PROPERTY DESCRIPTION
31 Chillington Ln, Mendon, NY 14506 is a single family home of 2,113 sqft. HomeUnion estimate for 31 Chillington Ln includes a Price Estimate of $258,342 and a Rent Estimate of $2,293. This single family home has 4 bedrooms, 3 bathrooms, and was built in 1977. This property has an estimated 15 year annualized Yield of 10.65% and Total Return of 20.32%. The estimated 1 year forecast in home value for 31 Chillington Ln is 3.21%.

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31 Chillington Ln SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
MANOR INTERMEDIATE SCHOOL Primary Regular 698 47 8
HONEOYE FALLS-LIMA MIDDLE SCHOOL Middle Regular 601 44 10
HONEOYE FALLS-LIMA HIGH SCHOOL High Regular 805 55 9

MANOR INTERMEDIATE SCHOOL

  • Education Level: Primary
  • # of students: 698
  • # of teachers: 47
8
GreatSchools Rating

HONEOYE FALLS-LIMA MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 601
  • # of teachers: 44
10
GreatSchools Rating

HONEOYE FALLS-LIMA HIGH SCHOOL

  • Education Level: High
  • # of students: 805
  • # of teachers: 55
9
GreatSchools Rating
 

Financial Details

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Neighborhood

MENDON

  • 1,387

    POPULATION

  • 499

    HOUSEHOLDS

  • 85.7%

    WHITE COLLAR

Neighborhood : MENDON

HOUSEHOLDS
499
POPULATION

1,387

4.4%Renters
95.6%Home Owners
LABOR FORCE

 

85.7%White Collar
14.3%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 97% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,293 per month.

MY RENT : $2,293 MEDIAN RENT : $2,274

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 3.4%
>=$1,500 96.6%
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 $2,293 would therefore be considered affordable for annual household incomes greater than $91,720 (12 months x 3.333 x $2,293).

Rent % Affordability
Above $500 91.8%
Above $700 86.5%
Above $1,100 82.2%
Above $1,500 74.3%
Above $1,900 65.5%
HOUSEHOLD INCOME RANGE

Approximately 291 of households in this neighborhood have a total annual income of $91,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,293 per month.

MINIMUM INCOME RANGE : $91,720

Income % Distribution
<$20K 8.2%
$20K-$35K 6.0%
$35K-$60K 11.6%
$60K-$100K 17.6%
>=$100K 56.7%
COMMUTE TIME DISTRIBUTION

77% of the working population has a commute time of 15 to 44 minutes, 19% has a commute time of 14 minutes or less and 4% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.9%
5-9 mins 5.8%
10-14 mins 8.8%
15-19 mins 15.0%
20-29 mins 36.5%
30-44 mins 25.4%
45-59 mins 2.9%
>60 mins 0.7%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 97% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,293 per month.

MY RENT : $2,293 MEDIAN RENT : $2,274

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 3.4%
>=$1,500 96.6%
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 $2,293 would therefore be considered affordable for annual household incomes greater than $91,720 (12 months x 3.333 x $2,293).

Rent % Affordability
Above $500 91.8%
Above $700 86.5%
Above $1,100 82.2%
Above $1,500 74.3%
Above $1,900 65.5%
HOUSEHOLD INCOME RANGE

Approximately 291 of households in this neighborhood have a total annual income of $91,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,293 per month.

MINIMUM INCOME RANGE : $91,720

Income % Distribution
<$20K 8.2%
$20K-$35K 6.0%
$35K-$60K 11.6%
$60K-$100K 17.6%
>=$100K 56.7%
COMMUTE TIME DISTRIBUTION

77% of the working population has a commute time of 15 to 44 minutes, 19% has a commute time of 14 minutes or less and 4% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.9%
5-9 mins 5.8%
10-14 mins 8.8%
15-19 mins 15.0%
20-29 mins 36.5%
30-44 mins 25.4%
45-59 mins 2.9%
>60 mins 0.7%
MENDON Demographics
INDUSTRY

           

Industry % Distribution
Arts & Entertainment 9.8%
Educational Services 15.1%
Health Care & Social Assistance 10.4%
Manufacturing 17.0%
Professional & Scientific Tech Services 12.6%
Retail & Wholesale Trader 11.0%
Other 24.2%
OCCUPATION

           

Occupation % Distribution
Computer Engineering 16.6%
Construction 8.0%
Healthcare 6.0%
Management, Business, & Financial 31.9%
Production & Transportation 14.2%
Sales & Office 13.0%
Other 10.4%
AGE DISTRIBUTION

46% of the population is between the ages of 25 and 64, 33% is 24 or younger and 22% is 65 or older.

Age % Distribution
<15 19.5%
15-19 8.5%
20-24 4.2%
25-44 14.0%
45-65 37.4%
66+ 16.4%
HIGHEST EDUCATION LEVEL

12% of adults 25 and older have an education level of a bachelorâ??s degree or higher.

Education Level % Distribution
Associates Degree 8.9%
High School 7.2%
Masters Degree 18.6%
Professional 5.9%
Some College 12.7%
Other 46.7%

MENDON Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 9.8%
Educational Services 15.1%
Health Care & Social Assistance 10.4%
Manufacturing 17.0%
Professional & Scientific Tech Services 12.6%
Retail & Wholesale Trader 11.0%
Other 24.2%
AGE DISTRIBUTION

51% of the population is between the ages of 25 and 64, 32% is 24 or younger and 16% is 65 or older.

Age % Distribution
<15 19.5%
15-19 8.5%
20-24 4.2%
25-44 14.0%
45-65 37.4%
66+ 16.4%
OCCUPATION

Occupation % Distribution
Computer Engineering 16.6%
Construction 8.0%
Healthcare 6.0%
Management, Business, & Financial 31.9%
Production & Transportation 14.2%
Sales & Office 13.0%
Other 10.4%
HIGHEST EDUCATION LEVEL

38% 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 7.2%
Masters Degree 18.6%
Professional 5.9%
Some College 12.7%
Other 46.7%

31 Chillington Ln Comps

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Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NY , MONROE County , or the 14506 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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