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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

361 Highfield Dr Macedon, NY 14502

3 Beds 3 Baths 1,490 sqft Built 1996
Last updated:  Jan 23, 2020

INVESTimate

$192,764

$164K - $222K

Price Est.

$1,575

$1.2K - $1.9K

Rent Est.

$195,482  ( +1.41%)   1 YR EST. FORECAST
  
  
  

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361 Highfield Dr PROPERTY INFO

FACTS
  • Built In 1996
  • Price/Sqft : $129.37
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,490 sqft
  • Baths : 2 Full 1 Half

361 Highfield Dr SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
PENFIELD SENIOR HIGH SCHOOL High Regular 1,503 109 9

PENFIELD SENIOR HIGH SCHOOL

  • Education Level: High
  • # of students: 1,503
  • # of teachers: 109
9
GreatSchools Rating
 

Financial Details

See Financial Details

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Neighborhood

MACEDON

  • 10,519

    POPULATION
  • 4,064

    HOUSEHOLDS
  • 67.8%

    WHITE COLLAR

Neighborhood : MACEDON

HOUSEHOLDS
4,064
POPULATION

10,519

17.0%Renters
83.0%Home Owners
LABOR FORCE

 

67.8%White Collar
32.2%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 58% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,575 per month.

MY RENT : $1,575 MEDIAN RENT : $1,580

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.3%
$1,000-1,499 42.2%
>=$1,500 57.5%
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 $1,575 would therefore be considered affordable for annual household incomes greater than $63,000 (12 months x 3.333 x $1,575).

Rent % Affordability
Above $500 91.8%
Above $700 85.9%
Above $1,100 70.0%
Above $1,500 53.7%
Above $1,900 41.9%
HOUSEHOLD INCOME RANGE

Approximately 1,557 of households in this neighborhood have a total annual income of $63,000 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,575 per month.

MINIMUM INCOME RANGE : $63,000

Income % Distribution
<$20K 8.2%
$20K-$35K 14.8%
$35K-$60K 23.3%
$60K-$100K 24.5%
>=$100K 29.2%
COMMUTE TIME DISTRIBUTION

72% of the working population has a commute time of 15 to 44 minutes, 21% has a commute time of 14 minutes or less and 7% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.3%
5-9 mins 8.7%
10-14 mins 10.4%
15-19 mins 14.3%
20-29 mins 28.6%
30-44 mins 28.6%
45-59 mins 4.0%
>60 mins 2.9%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 58% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,575 per month.

MY RENT : $1,575 MEDIAN RENT : $1,580

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.3%
$1,000-1,499 42.2%
>=$1,500 57.5%
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 $1,575 would therefore be considered affordable for annual household incomes greater than $63,000 (12 months x 3.333 x $1,575).

Rent % Affordability
Above $500 91.8%
Above $700 85.9%
Above $1,100 70.0%
Above $1,500 53.7%
Above $1,900 41.9%
HOUSEHOLD INCOME RANGE

Approximately 1,557 of households in this neighborhood have a total annual income of $63,000 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,575 per month.

MINIMUM INCOME RANGE : $63,000

Income % Distribution
<$20K 8.2%
$20K-$35K 14.8%
$35K-$60K 23.3%
$60K-$100K 24.5%
>=$100K 29.2%
COMMUTE TIME DISTRIBUTION

72% of the working population has a commute time of 15 to 44 minutes, 21% has a commute time of 14 minutes or less and 7% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.3%
5-9 mins 8.7%
10-14 mins 10.4%
15-19 mins 14.3%
20-29 mins 28.6%
30-44 mins 28.6%
45-59 mins 4.0%
>60 mins 2.9%

MACEDON Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 7.2%
Educational Services 12.8%
Health Care & Social Assistance 13.1%
Manufacturing 18.0%
Professional & Scientific Tech Services 7.4%
Retail & Wholesale Trader 15.1%
Other 26.4%
AGE DISTRIBUTION

54% of the population is between the ages of 25 and 64, 32% is 24 or younger and 14% is 65 or older.

Age % Distribution
<15 20.3%
15-19 7.0%
20-24 4.4%
25-44 22.7%
45-65 31.7%
66+ 13.9%
OCCUPATION

Occupation % Distribution
Computer Engineering 10.2%
Healthcare 8.4%
Management, Business, & Financial 18.4%
Natural Resources Maintenance 10.6%
Production & Transportation 13.9%
Sales & Office 19.2%
Other 19.3%
HIGHEST EDUCATION LEVEL

32% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 17.3%
High School 27.2%
Masters Degree 12.5%
Some College 16.3%
Some High School 5.9%
Other 20.9%

361 Highfield Dr Comps

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361 Highfield Dr, Macedon, NY 14502 is a single family home of 1,490 sqft. HomeUnion INVESTimateĀ® for 361 Highfield Dr includes a Price Estimate of $192,764 and a Rent Estimate of $1,575. This single family home has 3 bedrooms,3 bathrooms, and was built in 1996. This property has an estimated 15 year annualized Yield of 9.80% and Total Return of 14.83%. The estimated 1 year forecast in home value for 361 Highfield Dr is 1.41%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NY , WAYNE County , or the 14502 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 14568
  2. 14450