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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

38194 Middle Rd La Fargeville, NY 13656

3 Beds 3 Baths 1,440 sqft Built 2006
Last updated:  Nov 28, 2019

INVESTimate

$115,643

$109K - $122K

Price Est.

$1,814

$1.6K - $2.0K

Rent Est.

$115,874  ( +0.2%)   1 YR EST. FORECAST
  
  
  

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38194 Middle Rd PROPERTY INFO

FACTS
  • Built In 2006
  • Price/Sqft : $80.31
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,440 sqft
  • Baths : 2 Full 1 Half

38194 Middle Rd SCHOOLS

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Financial Details

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Neighborhood

LA FARGEVILLE

  • 3,028

    POPULATION
  • 1,002

    HOUSEHOLDS
  • 53.4%

    WHITE COLLAR

Neighborhood : LA FARGEVILLE

HOUSEHOLDS
1,002
POPULATION

3,028

9.8%Renters
90.2%Home Owners
LABOR FORCE

 

53.4%White Collar
46.6%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 54% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,814 per month.

MY RENT : $1,814 MEDIAN RENT : $1,535

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.2%
$1,000-1,499 45.7%
>=$1,500 54.1%
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 $1,814 would therefore be considered affordable for annual household incomes greater than $72,560 (12 months x 3.333 x $1,814).

Rent % Affordability
Above $500 89.7%
Above $700 84.4%
Above $1,100 69.5%
Above $1,500 54.0%
Above $1,900 43.5%
HOUSEHOLD INCOME RANGE

Approximately 343 of households in this neighborhood have a total annual income of $72,560 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,814 per month.

MINIMUM INCOME RANGE : $72,560

Income % Distribution
<$20K 10.3%
$20K-$35K 14.5%
$35K-$60K 21.2%
$60K-$100K 27.1%
>=$100K 26.9%
COMMUTE TIME DISTRIBUTION

67% of the working population has a commute time of 15 to 44 minutes, 30% has a commute time of 14 minutes or less and 3% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.5%
5-9 mins 14.9%
10-14 mins 11.3%
15-19 mins 14.5%
20-29 mins 28.4%
30-44 mins 24.1%
45-59 mins 2.1%
>60 mins 1.3%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 54% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,814 per month.

MY RENT : $1,814 MEDIAN RENT : $1,535

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.2%
$1,000-1,499 45.7%
>=$1,500 54.1%
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 $1,814 would therefore be considered affordable for annual household incomes greater than $72,560 (12 months x 3.333 x $1,814).

Rent % Affordability
Above $500 89.7%
Above $700 84.4%
Above $1,100 69.5%
Above $1,500 54.0%
Above $1,900 43.5%
HOUSEHOLD INCOME RANGE

Approximately 343 of households in this neighborhood have a total annual income of $72,560 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,814 per month.

MINIMUM INCOME RANGE : $72,560

Income % Distribution
<$20K 10.3%
$20K-$35K 14.5%
$35K-$60K 21.2%
$60K-$100K 27.1%
>=$100K 26.9%
COMMUTE TIME DISTRIBUTION

67% of the working population has a commute time of 15 to 44 minutes, 30% has a commute time of 14 minutes or less and 3% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.5%
5-9 mins 14.9%
10-14 mins 11.3%
15-19 mins 14.5%
20-29 mins 28.4%
30-44 mins 24.1%
45-59 mins 2.1%
>60 mins 1.3%

LA FARGEVILLE Demographics

INDUSTRY

Industry % Distribution
Construction 16.8%
Educational Services 8.0%
Health Care & Social Assistance 12.2%
Manufacturing 7.5%
Public Administration 9.2%
Retail & Wholesale Trader 15.1%
Other 31.2%
AGE DISTRIBUTION

52% of the population is between the ages of 25 and 64, 36% is 24 or younger and 12% is 65 or older.

Age % Distribution
<15 21.8%
15-19 7.3%
20-24 6.5%
25-44 24.8%
45-65 27.4%
66+ 12.1%
OCCUPATION

Occupation % Distribution
Computer Engineering 6.7%
Healthcare 8.2%
Management, Business, & Financial 12.6%
Natural Resources Maintenance 17.8%
Production & Transportation 12.9%
Sales & Office 25.6%
Other 16.1%
HIGHEST EDUCATION LEVEL

22% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 14.0%
High School 38.2%
Masters Degree 6.0%
Some College 19.5%
Some High School 9.3%
Other 13.1%

38194 Middle Rd Comps

Sorry, we do not have sufficient data available.

38194 Middle Rd, La Fargeville, NY 13656 is a single family home of 1,440 sqft. HomeUnion INVESTimateĀ® for 38194 Middle Rd includes a Price Estimate of $115,643 and a Rent Estimate of $1,814. This single family home has 3 bedrooms,3 bathrooms, and was built in 2006. This property has an estimated 15 year annualized Yield of 18.82% and Total Return of 36.32%. The estimated 1 year forecast in home value for 38194 Middle Rd is 0.2%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NY , JEFFERSON County , or the 13656 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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