35 Porter St PROPERTY INFO
FACTS
- Built In 1985
- Price/Sqft : $107.67
CONSTRUCTION
- Beds : 3
- Floor Size : 2,114 sqft
- Baths : 2 Full 1 Half
PROPERTY DESCRIPTION
35 Porter St, New York Mills, NY 13417 is a single family home of 2,114 sqft. HomeUnion estimate for 35 Porter St includes a Price Estimate of $227,608 and a Rent Estimate of $1,892. This single family home has 3 bedrooms, 3 bathrooms, and was built in 1985. This property has an estimated 15 year annualized Yield of 9.98% and Total Return of 15.18%. The estimated 1 year forecast in home value for 35 Porter St is 1.45%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
35 Porter St SCHOOLS
Financial Details
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Village of New York Mills
Neighborhood : Village of New York Mills
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 32% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,892 per month.
MY RENT : $1,892 MEDIAN RENT : $1,386
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 $1,892 would therefore be considered affordable for annual household incomes greater than $75,680 (12 months x 3.333 x $1,892).
HOUSEHOLD INCOME RANGE
Approximately 250 of households in this neighborhood have a total annual income of $75,680 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,892 per month.
MINIMUM INCOME RANGE : $75,680
COMMUTE TIME DISTRIBUTION
51% of the working population has a commute time of 15 to 44 minutes, 47% has a commute time of 14 minutes or less and 2% has a commute time of 45 minutes or longer.
Village of New York Mills Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 6.6% |
Educational Services | 8.5% |
Financial Industries | 9.3% |
Health Care & Social Assistance | 23.5% |
Manufacturing | 15.8% |
Retail & Wholesale Trader | 11.4% |
Other | 24.8% |
AGE DISTRIBUTION
44% of the population is between the ages of 25 and 64, 31% is 24 or younger and 25% is 65 or older.
Age | % Distribution |
---|---|
<15 | 19.0% |
15-19 | 6.2% |
20-24 | 6.2% |
25-44 | 18.4% |
45-65 | 25.3% |
66+ | 24.7% |
OCCUPATION
Occupation | % Distribution |
---|---|
Healthcare | 11.5% |
Management, Business, & Financial | 13.6% |
Natural Resources Maintenance | 8.1% |
PCare | 7.3% |
Production & Transportation | 15.5% |
Sales & Office | 26.3% |
Other | 17.8% |
HIGHEST EDUCATION LEVEL
15% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 9.9% |
High School | 36.9% |
Masters Degree | 3.6% |
Some College | 29.1% |
Some High School | 6.7% |
Other | 13.8% |
35 Porter St Comps
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