Sell Your Property on INVESTimate

Easily ACcess a network of motivated buyers
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

...MORE

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

35 Knowles Ct 103 Jamestown, RI 02835

2 Beds 2 Baths 1,800 sqft Built 2004
Last updated:  Jan 23, 2020

INVESTimate

$880,479

$826K - $935K

Price Est.

$2,891

$2.5K - $3.3K

Rent Est.

$930,578  ( +5.69%)   1 YR EST. FORECAST
  
  
  

The following properties with Estimated Highest Gross Yields are available in other markets.

  • 27440 N ALMA SCHOOL Parkway #33-2 Scottsdale, AZ
    • 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005
    AVAILABLE
    • 15.68% GROSS YIELD
    • $13,349 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $225,000
    • $65,375
    • $2,940
  • 1206 WALES DRIVE Killeen, TX
    • 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units
    AVAILABLE
    • 15.00% GROSS YIELD
    • $10,795 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $160,000
    • $53,900
    • $2,000
  • 4211 Brookhead Trail Houston, TX
    • 3 beds 2 baths ∙ 1,713 Sqft ∙ Built 1980 ∙ 1units 3 beds 2 baths ∙ 1,713 Sqft ∙ Built 1980 ∙ 1units
    AVAILABLE
    • 14.02% GROSS YIELD
    • $7,950 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $119,000
    • $37,285
    • $1,390
  • 533 NARROW BROOK DRIVE Indianapolis, IN
    • 4 beds 3 baths ∙ 1,602 Sqft ∙ Built 2007 ∙ 1units 4 beds 3 baths ∙ 1,602 Sqft ∙ Built 2007 ∙ 1units
    AVAILABLE
    • 13.93% GROSS YIELD
    • $8,115 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $102,500
    • $32,912
    • $1,190

35 Knowles Ct 103 PROPERTY INFO

FACTS
  • Built In 2004
  • Price/Sqft : $489.16
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,800 sqft
  • Baths : 2 Full

35 Knowles Ct 103 SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
LAWN AVENUE SCHOOL Primary Regular 196 25 9
LAWN AVENUE SCHOOL Middle Regular 196 25 9

LAWN AVENUE SCHOOL

  • Education Level: Primary
  • # of students: 196
  • # of teachers: 25
9
GreatSchools Rating

LAWN AVENUE SCHOOL

  • Education Level: Middle
  • # of students: 196
  • # of teachers: 25
9
GreatSchools Rating
 

Financial Details

See Financial Details

To review the detailed projections for this property, sign up for a FREE account

Already have an account?
Neighborhood

Shoreby Hill

  • 144

    POPULATION
  • 84

    HOUSEHOLDS
  • 85.7%

    WHITE COLLAR

Neighborhood : Shoreby Hill

HOUSEHOLDS
84
POPULATION

144

32.4%Renters
67.6%Home Owners
LABOR FORCE

 

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

Approximately 100% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,891 per month.

MY RENT : $2,891 MEDIAN RENT : $3,062

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.0%
>=$1,500 100.0%
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 $2,891 would therefore be considered affordable for annual household incomes greater than $115,640 (12 months x 3.333 x $2,891).

Rent % Affordability
Above $500 77.9%
Above $700 73.3%
Above $1,100 69.1%
Above $1,500 51.2%
Above $1,900 46.0%
HOUSEHOLD INCOME RANGE

Approximately 16 of households in this neighborhood have a total annual income of $115,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,891 per month.

MINIMUM INCOME RANGE : $115,640

Income % Distribution
<$20K 22.1%
$20K-$35K 7.0%
$35K-$60K 19.8%
$60K-$100K 17.4%
>=$100K 33.7%
COMMUTE TIME DISTRIBUTION

48% of the working population has a commute time of 15 to 44 minutes, 18% has a commute time of 14 minutes or less and 34% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 6.2%
10-14 mins 12.3%
15-19 mins 0.0%
20-29 mins 30.8%
30-44 mins 16.9%
45-59 mins 18.5%
>60 mins 15.4%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 100% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,891 per month.

MY RENT : $2,891 MEDIAN RENT : $3,062

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.0%
>=$1,500 100.0%
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 $2,891 would therefore be considered affordable for annual household incomes greater than $115,640 (12 months x 3.333 x $2,891).

Rent % Affordability
Above $500 77.9%
Above $700 73.3%
Above $1,100 69.1%
Above $1,500 51.2%
Above $1,900 46.0%
HOUSEHOLD INCOME RANGE

Approximately 16 of households in this neighborhood have a total annual income of $115,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,891 per month.

MINIMUM INCOME RANGE : $115,640

Income % Distribution
<$20K 22.1%
$20K-$35K 7.0%
$35K-$60K 19.8%
$60K-$100K 17.4%
>=$100K 33.7%
COMMUTE TIME DISTRIBUTION

48% of the working population has a commute time of 15 to 44 minutes, 18% has a commute time of 14 minutes or less and 34% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 6.2%
10-14 mins 12.3%
15-19 mins 0.0%
20-29 mins 30.8%
30-44 mins 16.9%
45-59 mins 18.5%
>60 mins 15.4%

Shoreby Hill Demographics

INDUSTRY

Industry % Distribution
Educational Services 32.5%
Health Care & Social Assistance 12.5%
Manufacturing 11.2%
Professional & Scientific Tech Services 8.8%
Real Estate 11.2%
Retail & Wholesale Trader 6.2%
Other 17.5%
AGE DISTRIBUTION

68% of the population is between the ages of 25 and 64, 15% is 24 or younger and 17% is 65 or older.

Age % Distribution
<15 4.9%
15-19 7.6%
20-24 2.8%
25-44 17.4%
45-65 50.7%
66+ 16.7%
OCCUPATION

Occupation % Distribution
Computer Engineering 9.4%
Construction 15.1%
Healthcare 11.3%
Management, Business, & Financial 7.5%
Sales & Office 41.5%
Social 3.8%
Other 11.3%
HIGHEST EDUCATION LEVEL

47% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
High School 8.5%
Masters Degree 39.0%
Professional 8.5%
Some College 14.4%
Some High School 3.4%
Other 26.3%

35 Knowles Ct 103 Comps

Sorry, we do not have sufficient data available.

35 Knowles Ct 103, Jamestown, RI 02835 is a single family home of 1,800 sqft. HomeUnion INVESTimateĀ® for 35 Knowles Ct 103 includes a Price Estimate of $880,479 and a Rent Estimate of $2,891. This single family home has 2 bedrooms,2 bathrooms, and was built in 2004. This property has an estimated 15 year annualized Yield of 3.94% and Total Return of 14.67%. The estimated 1 year forecast in home value for 35 Knowles Ct 103 is 5.69%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in RI , NEWPORT County , or the 02835 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

No Zipcodes available