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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

38 Knight Rd Silver Lake, NH 03875

3 Beds 2 Baths 2,052 sqft Built 1986
Last updated:  Dec 26, 2019

INVESTimate

$234,712

$213K - $257K

Price Est.

$1,940

$1.5K - $2.3K

Rent Est.

$234,712  ( 0%)   1 YR EST. FORECAST
  
  
  

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38 Knight Rd PROPERTY INFO

FACTS
  • Built In 1986
  • Price/Sqft : $114.38
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,052 sqft
  • Baths : 2 Full

38 Knight Rd SCHOOLS

Sorry, we do not have sufficient school data for this neighborhood.
 

Financial Details

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Neighborhood

SILVER LAKE

  • 975

    POPULATION
  • 427

    HOUSEHOLDS
  • 63.4%

    WHITE COLLAR

Neighborhood : SILVER LAKE

HOUSEHOLDS
427
POPULATION

975

19.5%Renters
80.5%Home Owners
LABOR FORCE

 

63.4%White Collar
36.6%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 86% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,940 per month.

MY RENT : $1,940 MEDIAN RENT : $1,744

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 14.4%
>=$1,500 85.6%
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 $1,940 would therefore be considered affordable for annual household incomes greater than $77,600 (12 months x 3.333 x $1,940).

Rent % Affordability
Above $500 88.0%
Above $700 82.7%
Above $1,100 72.8%
Above $1,500 53.6%
Above $1,900 39.8%
HOUSEHOLD INCOME RANGE

Approximately 146 of households in this neighborhood have a total annual income of $77,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,940 per month.

MINIMUM INCOME RANGE : $77,600

Income % Distribution
<$20K 12.0%
$20K-$35K 8.7%
$35K-$60K 25.6%
$60K-$100K 24.9%
>=$100K 28.7%
COMMUTE TIME DISTRIBUTION

68% of the working population has a commute time of 15 to 44 minutes, 18% has a commute time of 14 minutes or less and 14% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 5.7%
5-9 mins 6.3%
10-14 mins 6.3%
15-19 mins 11.6%
20-29 mins 30.3%
30-44 mins 26.1%
45-59 mins 4.6%
>60 mins 9.1%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 86% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,940 per month.

MY RENT : $1,940 MEDIAN RENT : $1,744

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 14.4%
>=$1,500 85.6%
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 $1,940 would therefore be considered affordable for annual household incomes greater than $77,600 (12 months x 3.333 x $1,940).

Rent % Affordability
Above $500 88.0%
Above $700 82.7%
Above $1,100 72.8%
Above $1,500 53.6%
Above $1,900 39.8%
HOUSEHOLD INCOME RANGE

Approximately 146 of households in this neighborhood have a total annual income of $77,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,940 per month.

MINIMUM INCOME RANGE : $77,600

Income % Distribution
<$20K 12.0%
$20K-$35K 8.7%
$35K-$60K 25.6%
$60K-$100K 24.9%
>=$100K 28.7%
COMMUTE TIME DISTRIBUTION

68% of the working population has a commute time of 15 to 44 minutes, 18% has a commute time of 14 minutes or less and 14% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 5.7%
5-9 mins 6.3%
10-14 mins 6.3%
15-19 mins 11.6%
20-29 mins 30.3%
30-44 mins 26.1%
45-59 mins 4.6%
>60 mins 9.1%

SILVER LAKE Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 10.8%
Construction 10.8%
Educational Services 6.8%
Health Care & Social Assistance 12.1%
Manufacturing 10.2%
Retail & Wholesale Trader 20.8%
Other 28.5%
AGE DISTRIBUTION

54% of the population is between the ages of 25 and 64, 23% is 24 or younger and 23% is 65 or older.

Age % Distribution
<15 13.9%
15-19 6.1%
20-24 3.2%
25-44 17.4%
45-65 36.1%
66+ 23.3%
OCCUPATION

Occupation % Distribution
Construction 4.8%
Healthcare 5.4%
Management, Business, & Financial 18.7%
Natural Resources Maintenance 14.3%
Production & Transportation 12.7%
Sales & Office 27.0%
Other 17.1%
HIGHEST EDUCATION LEVEL

24% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 9.5%
High School 31.6%
Masters Degree 13.5%
Some College 20.6%
Some High School 2.5%
Other 22.3%

38 Knight Rd Comps

Sorry, we do not have sufficient data available.

38 Knight Rd, Silver Lake, NH 03875 is a single family home of 2,052 sqft. HomeUnion INVESTimateĀ® for 38 Knight Rd includes a Price Estimate of $234,712 and a Rent Estimate of $1,940. This single family home has 3 bedrooms,2 bathrooms, and was built in 1986. This property has an estimated 15 year annualized Yield of 9.92% and Total Return of 18.19%. The estimated 1 year forecast in home value for 38 Knight Rd is 0%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NH , CARROLL County , or the 03875 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 03849
  2. 03814
  3. 03886
  4. 03836
  5. 03817
  6. 03864
  7. 03890