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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

313 Chestnut St New Enterprise, PA 16664

0 Beds 0 Baths 3,092 sqft Built 1900
Last updated:  Dec 26, 2019

INVESTimate

$155,731

$144K - $167K

Price Est.

$1,049

869 - $1.2K

Rent Est.

$183,420  ( +17.78%)   1 YR EST. FORECAST
  
  
  

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313 Chestnut St PROPERTY INFO

FACTS
  • Built In 1900
  • Price/Sqft : $50.37
CONSTRUCTION
  • Beds : 0
  • Floor Size : 3,092 sqft
  • Baths : 0 Full

313 Chestnut St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
NORTHERN BEDFORD COUNTY ELEMENTARY SCHOOL Primary Regular 509 36 7
NORTHERN BEDFORD COUNTY MIDDLE SENIOR HIGH SCHOOL Middle Regular 578 44 8
NORTHERN BEDFORD COUNTY MIDDLE SENIOR HIGH SCHOOL High Regular 578 44 8

NORTHERN BEDFORD COUNTY ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 509
  • # of teachers: 36
7
GreatSchools Rating

NORTHERN BEDFORD COUNTY MIDDLE SENIOR HIGH SCHOOL

  • Education Level: Middle
  • # of students: 578
  • # of teachers: 44
8
GreatSchools Rating

NORTHERN BEDFORD COUNTY MIDDLE SENIOR HIGH SCHOOL

  • Education Level: High
  • # of students: 578
  • # of teachers: 44
8
GreatSchools Rating
 

Financial Details

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Neighborhood

NEW ENTERPRISE

  • 1,993

    POPULATION
  • 689

    HOUSEHOLDS
  • 55.0%

    WHITE COLLAR

Neighborhood : NEW ENTERPRISE

HOUSEHOLDS
689
POPULATION

1,993

15.1%Renters
84.9%Home Owners
LABOR FORCE

 

55.0%White Collar
45.0%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 39% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,049 per month.

MY RENT : $1,049 MEDIAN RENT : $978

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 23.2%
$900-999 33.6%
$1,000-1,499 43.2%
>=$1,500 0.0%
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 $1,049 would therefore be considered affordable for annual household incomes greater than $41,960 (12 months x 3.333 x $1,049).

Rent % Affordability
Above $500 85.2%
Above $700 76.9%
Above $1,100 58.6%
Above $1,500 43.1%
Above $1,900 30.0%
HOUSEHOLD INCOME RANGE

Approximately 353 of households in this neighborhood have a total annual income of $41,960 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,049 per month.

MINIMUM INCOME RANGE : $41,960

Income % Distribution
<$20K 14.8%
$20K-$35K 15.1%
$35K-$60K 27.0%
$60K-$100K 25.5%
>=$100K 17.6%
COMMUTE TIME DISTRIBUTION

65% of the working population has a commute time of 15 to 44 minutes, 23% 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 4.7%
5-9 mins 7.4%
10-14 mins 11.4%
15-19 mins 16.7%
20-29 mins 30.1%
30-44 mins 18.4%
45-59 mins 4.3%
>60 mins 7.0%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 39% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,049 per month.

MY RENT : $1,049 MEDIAN RENT : $978

Rent % Distribution
$500-699 0.0%
$700-899 23.2%
$900-999 33.6%
$1,000-1,499 43.2%
>=$1,500 0.0%
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 $1,049 would therefore be considered affordable for annual household incomes greater than $41,960 (12 months x 3.333 x $1,049).

Rent % Affordability
Above $500 85.2%
Above $700 76.9%
Above $1,100 58.6%
Above $1,500 43.1%
Above $1,900 30.0%
HOUSEHOLD INCOME RANGE

Approximately 353 of households in this neighborhood have a total annual income of $41,960 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,049 per month.

MINIMUM INCOME RANGE : $41,960

Income % Distribution
<$20K 14.8%
$20K-$35K 15.1%
$35K-$60K 27.0%
$60K-$100K 25.5%
>=$100K 17.6%
COMMUTE TIME DISTRIBUTION

65% of the working population has a commute time of 15 to 44 minutes, 23% 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 4.7%
5-9 mins 7.4%
10-14 mins 11.4%
15-19 mins 16.7%
20-29 mins 30.1%
30-44 mins 18.4%
45-59 mins 4.3%
>60 mins 7.0%

NEW ENTERPRISE Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 9.9%
Construction 9.5%
Health Care & Social Assistance 13.3%
Manufacturing 11.7%
Retail & Wholesale Trader 17.8%
Transportation 7.5%
Other 30.3%
AGE DISTRIBUTION

50% of the population is between the ages of 25 and 64, 34% is 24 or younger and 16% is 65 or older.

Age % Distribution
<15 20.8%
15-19 6.6%
20-24 6.3%
25-44 20.4%
45-65 29.7%
66+ 16.2%
OCCUPATION

Occupation % Distribution
Education 4.0%
Healthcare 11.1%
Management, Business, & Financial 18.6%
Natural Resources Maintenance 18.5%
Production & Transportation 19.7%
Sales & Office 16.1%
Other 11.9%
HIGHEST EDUCATION LEVEL

16% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 10.9%
High School 50.2%
Masters Degree 3.2%
Some College 11.5%
Some High School 12.3%
Other 11.9%

313 Chestnut St Comps

Sorry, we do not have sufficient data available.

313 Chestnut St, New Enterprise, PA 16664 is a single family home of 3,092 sqft. HomeUnion INVESTimateĀ® for 313 Chestnut St includes a Price Estimate of $155,731 and a Rent Estimate of $1,049. This single family home has 0 bedrooms,0 bathrooms, and was built in 1900. This property has an estimated 15 year annualized Yield of 8.08% and Total Return of 44.78%. The estimated 1 year forecast in home value for 313 Chestnut St is 17.78%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in PA , BEDFORD County , or the 16664 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 16662
  2. 16659
  3. 16695