INVESTimate
$45,123
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38 Hamilton Ave PROPERTY INFO
FACTS
- Built In 1900
- Price/Sqft : $82.60
CONSTRUCTION
- Beds : 3
- Floor Size : 1,536 sqft
- Baths : 1 Full 1 Half
38 Hamilton Ave SCHOOLS
Financial Details
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CORINTH
Neighborhood : CORINTH
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 75% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,176 per month.
MY RENT : $1,176 MEDIAN RENT : $1,299
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 $1,176 would therefore be considered affordable for annual household incomes greater than $47,040 (12 months x 3.333 x $1,176).
HOUSEHOLD INCOME RANGE
Approximately 1,207 of households in this neighborhood have a total annual income of $47,040 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,176 per month.
MINIMUM INCOME RANGE : $47,040
COMMUTE TIME DISTRIBUTION
69% of the working population has a commute time of 15 to 44 minutes, 17% has a commute time of 14 minutes or less and 14% has a commute time of 45 minutes or longer.
CORINTH Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Arts & Entertainment | 8.6% |
| Construction | 8.8% |
| Educational Services | 8.6% |
| Health Care & Social Assistance | 17.8% |
| Manufacturing | 8.0% |
| Retail & Wholesale Trader | 16.7% |
| Other | 31.5% |
AGE DISTRIBUTION
53% of the population is between the ages of 25 and 64, 30% is 24 or younger and 17% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 18.7% |
| 15-19 | 7.5% |
| 20-24 | 4.1% |
| 25-44 | 25.3% |
| 45-65 | 27.3% |
| 66+ | 17.1% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Computer Engineering | 6.6% |
| Healthcare | 7.2% |
| Management, Business, & Financial | 8.2% |
| Natural Resources Maintenance | 11.4% |
| Production & Transportation | 20.3% |
| Sales & Office | 25.0% |
| Other | 21.3% |
HIGHEST EDUCATION LEVEL
16% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 11.0% |
| High School | 41.8% |
| Masters Degree | 3.9% |
| Some College | 16.2% |
| Some High School | 12.6% |
| Other | 14.4% |
38 Hamilton Ave Comps
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38 Hamilton Ave, Corinth, NY 12822 is a single family home of 1,536 sqft. HomeUnion INVESTimateĀ® for 38 Hamilton Ave includes a Price Estimate of $126,878 and a Rent Estimate of $1,176. This single family home has 3 bedrooms,2 bathrooms, and was built in 1900. This property has an estimated 15 year annualized Yield of 11.12% and Total Return of 17.71%. The estimated 1 year forecast in home value for 38 Hamilton Ave is -1.26%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NY , SARATOGA County , or the 12822 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
