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

36 Springer Farm Trl Colebrook, NH 03576

2 Beds 2 Baths 2,657 sqft Built 1996
Last updated:  Jan 23, 2020

INVESTimate

$277,074

$264K - $290K

Price Est.

$1,700

$1.4K - $2.0K

Rent Est.

$288,323  ( +4.06%)   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 ∙ 1units 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 ∙ 1units
    AVAILABLE
    • 15.68% GROSS YIELD
    • $13,349 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $225,000
    • $65,375
    • $2,940
  • 142 Repose Ln San Antonio, TX
    • 3 beds 2 baths ∙ 1,276 Sqft ∙ Built 1973 ∙ 1units 3 beds 2 baths ∙ 1,276 Sqft ∙ Built 1973 ∙ 1units
    AVAILABLE
    • 15.59% GROSS YIELD
    • $7,378 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $97,000
    • $31,455
    • $1,260
  • 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
  • 1801 E 9th Avenue Corsicana, TX
    • 3 beds 2 baths ∙ 1,353 Sqft ∙ Built 2000 ∙ 1units 3 beds 2 baths ∙ 1,353 Sqft ∙ Built 2000 ∙ 1units
    AVAILABLE
    • 13.50% GROSS YIELD
    • $6,767 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $104,000
    • $33,310
    • $1,170

36 Springer Farm Trl PROPERTY INFO

FACTS
  • Built In 1996
  • Price/Sqft : $104.28
CONSTRUCTION
  • Beds : 2
  • Floor Size : 2,657 sqft
  • Baths : 2 Full

36 Springer Farm Trl SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
COLEBROOK ACADEMY High Regular 138 16 3

COLEBROOK ACADEMY

  • Education Level: High
  • # of students: 138
  • # of teachers: 16
3
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

COLEBROOK

  • 3,350

    POPULATION
  • 1,542

    HOUSEHOLDS
  • 63.0%

    WHITE COLLAR

Neighborhood : COLEBROOK

HOUSEHOLDS
1,542
POPULATION

3,350

24.2%Renters
75.8%Home Owners
LABOR FORCE

 

63.0%White Collar
37.0%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 34% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,700 per month.

MY RENT : $1,700 MEDIAN RENT : $1,349

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 66.0%
>=$1,500 34.0%
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 $1,700 would therefore be considered affordable for annual household incomes greater than $68,000 (12 months x 3.333 x $1,700).

Rent % Affordability
Above $500 80.0%
Above $700 65.8%
Above $1,100 51.9%
Above $1,500 37.4%
Above $1,900 27.4%
HOUSEHOLD INCOME RANGE

Approximately 372 of households in this neighborhood have a total annual income of $68,000 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,700 per month.

MINIMUM INCOME RANGE : $68,000

Income % Distribution
<$20K 20.0%
$20K-$35K 20.6%
$35K-$60K 22.0%
$60K-$100K 19.4%
>=$100K 17.9%
COMMUTE TIME DISTRIBUTION

30% of the working population has a commute time of 15 to 44 minutes, 58% has a commute time of 14 minutes or less and 13% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 14.6%
5-9 mins 18.5%
10-14 mins 24.4%
15-19 mins 14.1%
20-29 mins 10.1%
30-44 mins 5.7%
45-59 mins 4.2%
>60 mins 8.3%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 34% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,700 per month.

MY RENT : $1,700 MEDIAN RENT : $1,349

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 66.0%
>=$1,500 34.0%
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 $1,700 would therefore be considered affordable for annual household incomes greater than $68,000 (12 months x 3.333 x $1,700).

Rent % Affordability
Above $500 80.0%
Above $700 65.8%
Above $1,100 51.9%
Above $1,500 37.4%
Above $1,900 27.4%
HOUSEHOLD INCOME RANGE

Approximately 372 of households in this neighborhood have a total annual income of $68,000 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,700 per month.

MINIMUM INCOME RANGE : $68,000

Income % Distribution
<$20K 20.0%
$20K-$35K 20.6%
$35K-$60K 22.0%
$60K-$100K 19.4%
>=$100K 17.9%
COMMUTE TIME DISTRIBUTION

30% of the working population has a commute time of 15 to 44 minutes, 58% has a commute time of 14 minutes or less and 13% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 14.6%
5-9 mins 18.5%
10-14 mins 24.4%
15-19 mins 14.1%
20-29 mins 10.1%
30-44 mins 5.7%
45-59 mins 4.2%
>60 mins 8.3%

COLEBROOK Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 9.2%
Arts & Entertainment 10.0%
Construction 9.3%
Health Care & Social Assistance 18.3%
Manufacturing 8.1%
Retail & Wholesale Trader 11.9%
Other 33.2%
AGE DISTRIBUTION

51% of the population is between the ages of 25 and 64, 21% is 24 or younger and 28% is 65 or older.

Age % Distribution
<15 13.7%
15-19 2.7%
20-24 5.0%
25-44 16.5%
45-65 34.2%
66+ 27.9%
OCCUPATION

Occupation % Distribution
Construction 6.3%
Healthcare 7.8%
Management, Business, & Financial 20.5%
Natural Resources Maintenance 18.8%
Production & Transportation 11.0%
Sales & Office 23.2%
Other 12.4%
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 7.5%
High School 36.9%
Masters Degree 5.6%
Some College 24.0%
Some High School 14.7%
Other 11.4%

36 Springer Farm Trl Comps

Sorry, we do not have sufficient data available.

36 Springer Farm Trl, Colebrook, NH 03576 is a single family home of 2,657 sqft. HomeUnion INVESTimateĀ® for 36 Springer Farm Trl includes a Price Estimate of $277,074 and a Rent Estimate of $1,700. This single family home has 2 bedrooms,2 bathrooms, and was built in 1996. This property has an estimated 15 year annualized Yield of 7.36% and Total Return of 15.58%. The estimated 1 year forecast in home value for 36 Springer Farm Trl is 4.06%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NH , COOS County , or the 03576 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Browse other real estate investments on Springer Farm Trl

  1. 36 Springer Farm Trl

Nearest zipcodes within 2 miles

No Zipcodes available