Financial Details3201 Caroline Dr PROPERTY INFO
FACTS
- Built In 1979
- Price/Sqft : $137.12
CONSTRUCTION
- Beds : 4
- Floor Size : 2,301 sqft
- Baths : 2 Full 1 Half
PROPERTY DESCRIPTION
3201 Caroline Dr, East Petersburg, PA 17520 is a single family home of 2,301 sqft. HomeUnion estimate for 3201 Caroline Dr includes a Price Estimate of $315,510 and a Rent Estimate of $1,937. This single family home has 4 bedrooms, 3 bathrooms, and was built in 1979. This property has an estimated 15 year annualized Yield of 7.37% and Total Return of 15.02%. The estimated 1 year forecast in home value for 3201 Caroline Dr is 3.28%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
3201 Caroline Dr SCHOOLS
Financial Details
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East Petersburg
Neighborhood : East Petersburg
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 26% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,937 per month.
MY RENT : $1,937 MEDIAN RENT : $1,351
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 $1,937 would therefore be considered affordable for annual household incomes greater than $77,480 (12 months x 3.333 x $1,937).
HOUSEHOLD INCOME RANGE
Approximately 550 of households in this neighborhood have a total annual income of $77,480 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,937 per month.
MINIMUM INCOME RANGE : $77,480
COMMUTE TIME DISTRIBUTION
61% of the working population has a commute time of 15 to 44 minutes, 32% has a commute time of 14 minutes or less and 7% has a commute time of 45 minutes or longer.
East Petersburg Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Arts & Entertainment | 5.7% |
| Educational Services | 9.8% |
| Financial Industries | 5.6% |
| Health Care & Social Assistance | 15.5% |
| Manufacturing | 21.4% |
| Retail & Wholesale Trader | 16.0% |
| Other | 26.0% |
AGE DISTRIBUTION
58% of the population is between the ages of 25 and 64, 29% is 24 or younger and 13% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 18.5% |
| 15-19 | 4.9% |
| 20-24 | 5.7% |
| 25-44 | 24.8% |
| 45-65 | 33.4% |
| 66+ | 12.6% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Construction | 4.4% |
| Healthcare | 13.2% |
| Management, Business, & Financial | 20.5% |
| Natural Resources Maintenance | 6.6% |
| Production & Transportation | 17.0% |
| Sales & Office | 23.6% |
| Other | 14.7% |
HIGHEST EDUCATION LEVEL
19% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 9.3% |
| High School | 37.5% |
| Masters Degree | 7.1% |
| Some College | 19.2% |
| Some High School | 5.7% |
| Other | 21.1% |
3201 Caroline Dr Comps
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