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This page contains information about each property aggregated from public data sources, 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.

4 Pitt Ln Corinth, NY 12822

4 Beds 3 Baths 2,160 sqft Built 1940
Last updated:  Jan 23, 2020

INVESTimate

$281,135

$264K - $298K

Price Est.

$1,828

$1.6K - $2.0K

Rent Est.

$277,593  ( -1.26%)   1 YR EST. FORECAST

4 Pitt Ln PROPERTY INFO

FACTS
  • Built In 1940
  • Price/Sqft : $130.16
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,160 sqft
  • Baths : 3 Full
PROPERTY DESCRIPTION
4 Pitt Ln, Corinth, NY 12822 is a single family home of 2,160 sqft. HomeUnion estimate for 4 Pitt Ln includes a Price Estimate of $281,135 and a Rent Estimate of $1,828. This single family home has 4 bedrooms, 3 bathrooms, and was built in 1940. This property has an estimated 15 year annualized Yield of 7.80% and Total Return of 13.79%. The estimated 1 year forecast in home value for 4 Pitt Ln is -1.26%.
  
  
  

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4 Pitt Ln SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
CORINTH CENTRAL ELEMENTARY SCHOOL Primary Regular 426 30 3
CORINTH CENTRAL HIGH SCHOOL High Regular 392 32 7

CORINTH CENTRAL ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 426
  • # of teachers: 30
3
GreatSchools Rating

CORINTH CENTRAL HIGH SCHOOL

  • Education Level: High
  • # of students: 392
  • # of teachers: 32
7
GreatSchools Rating
 

Financial Details

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Neighborhood

CORINTH

  • 6,263

    POPULATION
  • 2,406

    HOUSEHOLDS
  • 49.2%

    WHITE COLLAR

Neighborhood : CORINTH

HOUSEHOLDS
2,406
POPULATION

6,263

24.2%Renters
75.8%Home Owners
LABOR FORCE

 

49.2%White Collar
50.8%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 30% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,828 per month.

MY RENT : $1,828 MEDIAN RENT : $1,297

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.6%
$1,000-1,499 69.5%
>=$1,500 29.9%
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 $1,828 would therefore be considered affordable for annual household incomes greater than $73,120 (12 months x 3.333 x $1,828).

Rent % Affordability
Above $500 83.6%
Above $700 74.9%
Above $1,100 57.6%
Above $1,500 40.9%
Above $1,900 28.9%
HOUSEHOLD INCOME RANGE

Approximately 579 of households in this neighborhood have a total annual income of $73,120 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,828 per month.

MINIMUM INCOME RANGE : $73,120

Income % Distribution
<$20K 16.4%
$20K-$35K 17.8%
$35K-$60K 24.9%
$60K-$100K 23.1%
>=$100K 17.9%
COMMUTE TIME DISTRIBUTION

68% of the working population has a commute time of 15 to 44 minutes, 20% has a commute time of 14 minutes or less and 12% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.6%
5-9 mins 7.5%
10-14 mins 7.8%
15-19 mins 10.7%
20-29 mins 34.2%
30-44 mins 23.0%
45-59 mins 6.0%
>60 mins 6.1%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 30% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,828 per month.

MY RENT : $1,828 MEDIAN RENT : $1,297

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.6%
$1,000-1,499 69.5%
>=$1,500 29.9%
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 $1,828 would therefore be considered affordable for annual household incomes greater than $73,120 (12 months x 3.333 x $1,828).

Rent % Affordability
Above $500 83.6%
Above $700 74.9%
Above $1,100 57.6%
Above $1,500 40.9%
Above $1,900 28.9%
HOUSEHOLD INCOME RANGE

Approximately 579 of households in this neighborhood have a total annual income of $73,120 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,828 per month.

MINIMUM INCOME RANGE : $73,120

Income % Distribution
<$20K 16.4%
$20K-$35K 17.8%
$35K-$60K 24.9%
$60K-$100K 23.1%
>=$100K 17.9%
COMMUTE TIME DISTRIBUTION

68% of the working population has a commute time of 15 to 44 minutes, 20% has a commute time of 14 minutes or less and 12% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.6%
5-9 mins 7.5%
10-14 mins 7.8%
15-19 mins 10.7%
20-29 mins 34.2%
30-44 mins 23.0%
45-59 mins 6.0%
>60 mins 6.1%

CORINTH Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 8.4%
Construction 10.0%
Educational Services 9.6%
Health Care & Social Assistance 19.9%
Manufacturing 8.7%
Retail & Wholesale Trader 13.6%
Other 29.7%
AGE DISTRIBUTION

51% of the population is between the ages of 25 and 64, 32% is 24 or younger and 17% is 65 or older.

Age % Distribution
<15 18.9%
15-19 8.2%
20-24 4.8%
25-44 25.4%
45-65 25.9%
66+ 16.8%
OCCUPATION

Occupation % Distribution
Computer Engineering 7.5%
Healthcare 7.7%
Management, Business, & Financial 10.0%
Natural Resources Maintenance 12.6%
Production & Transportation 20.1%
Sales & Office 20.4%
Other 21.7%
HIGHEST EDUCATION LEVEL

17% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 11.9%
High School 41.5%
Masters Degree 4.0%
Some College 17.0%
Some High School 11.6%
Other 14.0%

4 Pitt Ln Comps

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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

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Nearest zipcodes within 2 miles

  1. 12846
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