Financials
37 Edgeworth St Weymouth, MA 02189
INVESTimate
$98,766
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37 Edgeworth St PROPERTY INFO
FACTS
- Built In 1943
- Price/Sqft : $252.53
CONSTRUCTION
- Beds : 3
- Floor Size : 1,304 sqft
- Baths : 1 Full
37 Edgeworth St SCHOOLS
Financial Details
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East Weymouth
Neighborhood : East Weymouth
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 98% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,022 per month.
MY RENT : $2,022 MEDIAN RENT : $1,928
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 $2,022 would therefore be considered affordable for annual household incomes greater than $80,880 (12 months x 3.333 x $2,022).
HOUSEHOLD INCOME RANGE
Approximately 2,595 of households in this neighborhood have a total annual income of $80,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,022 per month.
MINIMUM INCOME RANGE : $80,880
COMMUTE TIME DISTRIBUTION
43% of the working population has a commute time of 15 to 44 minutes, 26% has a commute time of 14 minutes or less and 31% has a commute time of 45 minutes or longer.
East Weymouth Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Arts & Entertainment | 7.3% |
| Educational Services | 8.1% |
| Financial Industries | 10.2% |
| Health Care & Social Assistance | 17.8% |
| Manufacturing | 10.4% |
| Retail & Wholesale Trader | 14.0% |
| Other | 32.3% |
AGE DISTRIBUTION
56% of the population is between the ages of 25 and 64, 30% is 24 or younger and 15% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 16.9% |
| 15-19 | 5.7% |
| 20-24 | 7.1% |
| 25-44 | 25.3% |
| 45-65 | 30.4% |
| 66+ | 14.6% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Computer Engineering | 5.2% |
| Healthcare | 8.8% |
| Management, Business, & Financial | 20.6% |
| Natural Resources Maintenance | 11.7% |
| Production & Transportation | 10.4% |
| Sales & Office | 24.2% |
| Other | 19.1% |
HIGHEST EDUCATION LEVEL
21% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 12.2% |
| High School | 30.6% |
| Masters Degree | 7.3% |
| Some College | 18.6% |
| Some High School | 8.3% |
| Other | 22.9% |
37 Edgeworth St Comps
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37 Edgeworth St, Weymouth, MA 02189 is a single family home of 1,304 sqft. HomeUnion INVESTimate® for 37 Edgeworth St includes a Price Estimate of $329,305 and a Rent Estimate of $2,022. This single family home has 3 bedrooms,1 bathrooms, and was built in 1943. This property has an estimated 15 year annualized Yield of 7.37% and Total Return of 20.36%. The estimated 1 year forecast in home value for 37 Edgeworth St is 5.95%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in MA, NORFOLK County, or the 02189 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
