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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

3415 Raymond St Laureldale, PA 19605

3 Beds 2 Baths 1,528 sqft Built 1940
Last updated:  Jan 23, 2020

INVESTimate

$114,674

$112K - $118K

Price Est.

$1,349

$1.2K - $1.5K

Rent Est.

$119,192  ( +3.94%)   1 YR EST. FORECAST
  
  
  

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3415 Raymond St PROPERTY INFO

FACTS
  • Built In 1940
  • Price/Sqft : $75.05
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,528 sqft
  • Baths : 2 Full

3415 Raymond St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
CE. COLE INTERMEDIATE SCHOOL Primary Regular 507 33 4
MUHLENBERG MIDDLE SCHOOL Middle Regular 914 59 6
MUHLENBERG MIDDLE SCHOOL High Regular 914 59 6

CE. COLE INTERMEDIATE SCHOOL

  • Education Level: Primary
  • # of students: 507
  • # of teachers: 33
4
GreatSchools Rating

MUHLENBERG MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 914
  • # of teachers: 59
6
GreatSchools Rating

MUHLENBERG MIDDLE SCHOOL

  • Education Level: High
  • # of students: 914
  • # of teachers: 59
6
GreatSchools Rating
 

Financial Details

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Neighborhood

Laureldale

  • 4,100

    POPULATION
  • 1,599

    HOUSEHOLDS
  • 50.9%

    WHITE COLLAR

Neighborhood : Laureldale

HOUSEHOLDS
1,599
POPULATION

4,100

15.4%Renters
84.6%Home Owners
LABOR FORCE

 

50.9%White Collar
49.1%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 30% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,349 per month.

MY RENT : $1,349 MEDIAN RENT : $1,210

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 1.8%
$900-999 9.1%
$1,000-1,499 85.5%
>=$1,500 3.7%
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 $1,349 would therefore be considered affordable for annual household incomes greater than $53,960 (12 months x 3.333 x $1,349).

Rent % Affordability
Above $500 83.8%
Above $700 78.2%
Above $1,100 61.4%
Above $1,500 47.0%
Above $1,900 24.4%
HOUSEHOLD INCOME RANGE

Approximately 794 of households in this neighborhood have a total annual income of $53,960 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,349 per month.

MINIMUM INCOME RANGE : $53,960

Income % Distribution
<$20K 16.2%
$20K-$35K 11.4%
$35K-$60K 25.3%
$60K-$100K 34.0%
>=$100K 13.0%
COMMUTE TIME DISTRIBUTION

60% of the working population has a commute time of 15 to 44 minutes, 31% has a commute time of 14 minutes or less and 9% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.2%
5-9 mins 12.9%
10-14 mins 17.0%
15-19 mins 24.7%
20-29 mins 28.5%
30-44 mins 7.1%
45-59 mins 4.9%
>60 mins 3.7%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 30% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,349 per month.

MY RENT : $1,349 MEDIAN RENT : $1,210

Rent % Distribution
$500-699 0.0%
$700-899 1.8%
$900-999 9.1%
$1,000-1,499 85.5%
>=$1,500 3.7%
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 $1,349 would therefore be considered affordable for annual household incomes greater than $53,960 (12 months x 3.333 x $1,349).

Rent % Affordability
Above $500 83.8%
Above $700 78.2%
Above $1,100 61.4%
Above $1,500 47.0%
Above $1,900 24.4%
HOUSEHOLD INCOME RANGE

Approximately 794 of households in this neighborhood have a total annual income of $53,960 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,349 per month.

MINIMUM INCOME RANGE : $53,960

Income % Distribution
<$20K 16.2%
$20K-$35K 11.4%
$35K-$60K 25.3%
$60K-$100K 34.0%
>=$100K 13.0%
COMMUTE TIME DISTRIBUTION

60% of the working population has a commute time of 15 to 44 minutes, 31% has a commute time of 14 minutes or less and 9% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.2%
5-9 mins 12.9%
10-14 mins 17.0%
15-19 mins 24.7%
20-29 mins 28.5%
30-44 mins 7.1%
45-59 mins 4.9%
>60 mins 3.7%

Laureldale Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 9.3%
Construction 6.6%
Educational Services 8.2%
Health Care & Social Assistance 15.8%
Manufacturing 17.5%
Retail & Wholesale Trader 18.4%
Other 24.2%
AGE DISTRIBUTION

55% of the population is between the ages of 25 and 64, 26% is 24 or younger and 19% is 65 or older.

Age % Distribution
<15 17.9%
15-19 3.7%
20-24 4.5%
25-44 27.1%
45-65 27.8%
66+ 19.1%
OCCUPATION

Occupation % Distribution
Construction 7.7%
Healthcare 7.0%
Management, Business, & Financial 11.3%
Natural Resources Maintenance 12.8%
Production & Transportation 23.6%
Sales & Office 20.0%
Other 17.5%
HIGHEST EDUCATION LEVEL

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

Education Level % Distribution
Associates Degree 7.8%
High School 50.0%
Masters Degree 3.7%
Some College 14.5%
Some High School 15.5%
Other 8.6%

3415 Raymond St Comps

Sorry, we do not have sufficient data available.

3415 Raymond St, Laureldale, PA 19605 is a single family home of 1,528 sqft. HomeUnion INVESTimateĀ® for 3415 Raymond St includes a Price Estimate of $114,674 and a Rent Estimate of $1,349. This single family home has 3 bedrooms,2 bathrooms, and was built in 1940. This property has an estimated 15 year annualized Yield of 14.12% and Total Return of 19.35%. The estimated 1 year forecast in home value for 3415 Raymond St is 3.94%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in PA , BERKS County , or the 19605 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2