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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

33 Ocean Blvd 11 North Hampton, NH 03862

2 Beds 3 Baths 1,486 sqft Built 2015
Last updated:  Nov 28, 2019

INVESTimate

$508,895

$467K - $551K

Price Est.

$2,492

$2.2K - $2.7K

Rent Est.

$534,696  ( +5.07%)   1 YR EST. FORECAST
  
  
  

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33 Ocean Blvd 11 PROPERTY INFO

FACTS
  • Built In 2015
  • Price/Sqft : $342.46
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,486 sqft
  • Baths : 2 Full 1 Half

33 Ocean Blvd 11 SCHOOLS

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Financial Details

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Neighborhood

NORTH HAMPTON

  • 4,434

    POPULATION
  • 1,752

    HOUSEHOLDS
  • 76.9%

    WHITE COLLAR

Neighborhood : NORTH HAMPTON

HOUSEHOLDS
1,752
POPULATION

4,434

11.8%Renters
88.2%Home Owners
LABOR FORCE

 

76.9%White Collar
23.1%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 98% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,492 per month.

MY RENT : $2,492 MEDIAN RENT : $2,551

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 1.9%
>=$1,500 98.1%
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 $2,492 would therefore be considered affordable for annual household incomes greater than $99,680 (12 months x 3.333 x $2,492).

Rent % Affordability
Above $500 94.7%
Above $700 91.6%
Above $1,100 86.6%
Above $1,500 75.9%
Above $1,900 65.7%
HOUSEHOLD INCOME RANGE

Approximately 934 of households in this neighborhood have a total annual income of $99,680 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,492 per month.

MINIMUM INCOME RANGE : $99,680

Income % Distribution
<$20K 5.3%
$20K-$35K 6.5%
$35K-$60K 12.3%
$60K-$100K 22.5%
>=$100K 53.3%
COMMUTE TIME DISTRIBUTION

50% of the working population has a commute time of 15 to 44 minutes, 29% has a commute time of 14 minutes or less and 20% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 6.2%
5-9 mins 13.5%
10-14 mins 9.8%
15-19 mins 18.4%
20-29 mins 17.5%
30-44 mins 14.4%
45-59 mins 8.4%
>60 mins 11.9%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 98% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,492 per month.

MY RENT : $2,492 MEDIAN RENT : $2,551

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 1.9%
>=$1,500 98.1%
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 $2,492 would therefore be considered affordable for annual household incomes greater than $99,680 (12 months x 3.333 x $2,492).

Rent % Affordability
Above $500 94.7%
Above $700 91.6%
Above $1,100 86.6%
Above $1,500 75.9%
Above $1,900 65.7%
HOUSEHOLD INCOME RANGE

Approximately 934 of households in this neighborhood have a total annual income of $99,680 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,492 per month.

MINIMUM INCOME RANGE : $99,680

Income % Distribution
<$20K 5.3%
$20K-$35K 6.5%
$35K-$60K 12.3%
$60K-$100K 22.5%
>=$100K 53.3%
COMMUTE TIME DISTRIBUTION

50% of the working population has a commute time of 15 to 44 minutes, 29% has a commute time of 14 minutes or less and 20% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 6.2%
5-9 mins 13.5%
10-14 mins 9.8%
15-19 mins 18.4%
20-29 mins 17.5%
30-44 mins 14.4%
45-59 mins 8.4%
>60 mins 11.9%

NORTH HAMPTON Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 9.8%
Educational Services 7.2%
Health Care & Social Assistance 13.4%
Manufacturing 9.6%
Professional & Scientific Tech Services 10.5%
Retail & Wholesale Trader 17.7%
Other 31.8%
AGE DISTRIBUTION

56% of the population is between the ages of 25 and 64, 24% is 24 or younger and 21% is 65 or older.

Age % Distribution
<15 14.5%
15-19 5.6%
20-24 3.4%
25-44 19.8%
45-65 35.8%
66+ 20.8%
OCCUPATION

Occupation % Distribution
Computer Engineering 5.1%
Healthcare 5.3%
Management, Business, & Financial 31.3%
Natural Resources Maintenance 5.5%
Production & Transportation 11.8%
Sales & Office 25.8%
Other 15.2%
HIGHEST EDUCATION LEVEL

28% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 7.0%
High School 18.4%
Masters Degree 16.2%
Professional 4.0%
Some College 20.0%
Other 34.5%

33 Ocean Blvd 11 Comps

Sorry, we do not have sufficient data available.

33 Ocean Blvd 11, North Hampton, NH 03862 is a single family home of 1,486 sqft. HomeUnion INVESTimateĀ® for 33 Ocean Blvd 11 includes a Price Estimate of $508,895 and a Rent Estimate of $2,492. This single family home has 2 bedrooms,3 bathrooms, and was built in 2015. This property has an estimated 15 year annualized Yield of 5.88% and Total Return of 17.50%. The estimated 1 year forecast in home value for 33 Ocean Blvd 11 is 5.07%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NH , ROCKINGHAM County , or the 03862 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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