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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.

4078 Lakeview Rd Forestport, NY 13338

3 Beds 2 Baths 2,400 sqft Built 2017
Last updated:  Jan 23, 2020

INVESTimate

$362,464

$330K - $395K

Price Est.

$1,042

916 - $1.2K

Rent Est.

$367,611  ( +1.42%)   1 YR EST. FORECAST

4078 Lakeview Rd PROPERTY INFO

FACTS
  • Built In 2017
  • Price/Sqft : $151.03
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,400 sqft
  • Baths : 2 Full
PROPERTY DESCRIPTION
4078 Lakeview Rd, Forestport, NY 13338 is a single family home of 2,400 sqft. HomeUnion estimate for 4078 Lakeview Rd includes a Price Estimate of $362,464 and a Rent Estimate of $1,042. This single family home has 3 bedrooms, 2 bathrooms, and was built in 2017. This property has an estimated 15 year annualized Yield of 3.45% and Total Return of 7.37%. The estimated 1 year forecast in home value for 4078 Lakeview Rd is 1.42%.
  
  
  

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4078 Lakeview Rd SCHOOLS

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Financial Details

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Neighborhood

FORESTPORT

  • 1,164

    POPULATION
  • 521

    HOUSEHOLDS
  • 61.6%

    WHITE COLLAR

Neighborhood : FORESTPORT

HOUSEHOLDS
521
POPULATION

1,164

14.0%Renters
86.0%Home Owners
LABOR FORCE

 

61.6%White Collar
38.4%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 69% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,042 per month.

MY RENT : $1,042 MEDIAN RENT : $1,111

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 3.0%
$900-999 22.9%
$1,000-1,499 62.2%
>=$1,500 11.9%
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 $1,042 would therefore be considered affordable for annual household incomes greater than $41,680 (12 months x 3.333 x $1,042).

Rent % Affordability
Above $500 85.2%
Above $700 76.1%
Above $1,100 59.1%
Above $1,500 39.0%
Above $1,900 28.3%
HOUSEHOLD INCOME RANGE

Approximately 249 of households in this neighborhood have a total annual income of $41,680 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,042 per month.

MINIMUM INCOME RANGE : $41,680

Income % Distribution
<$20K 14.8%
$20K-$35K 17.5%
$35K-$60K 28.8%
$60K-$100K 21.7%
>=$100K 17.3%
COMMUTE TIME DISTRIBUTION

51% of the working population has a commute time of 15 to 44 minutes, 28% has a commute time of 14 minutes or less and 21% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 8.2%
5-9 mins 8.4%
10-14 mins 11.3%
15-19 mins 8.0%
20-29 mins 10.3%
30-44 mins 32.8%
45-59 mins 12.6%
>60 mins 8.4%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 69% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,042 per month.

MY RENT : $1,042 MEDIAN RENT : $1,111

Rent % Distribution
$500-699 0.0%
$700-899 3.0%
$900-999 22.9%
$1,000-1,499 62.2%
>=$1,500 11.9%
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 $1,042 would therefore be considered affordable for annual household incomes greater than $41,680 (12 months x 3.333 x $1,042).

Rent % Affordability
Above $500 85.2%
Above $700 76.1%
Above $1,100 59.1%
Above $1,500 39.0%
Above $1,900 28.3%
HOUSEHOLD INCOME RANGE

Approximately 249 of households in this neighborhood have a total annual income of $41,680 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,042 per month.

MINIMUM INCOME RANGE : $41,680

Income % Distribution
<$20K 14.8%
$20K-$35K 17.5%
$35K-$60K 28.8%
$60K-$100K 21.7%
>=$100K 17.3%
COMMUTE TIME DISTRIBUTION

51% of the working population has a commute time of 15 to 44 minutes, 28% has a commute time of 14 minutes or less and 21% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 8.2%
5-9 mins 8.4%
10-14 mins 11.3%
15-19 mins 8.0%
20-29 mins 10.3%
30-44 mins 32.8%
45-59 mins 12.6%
>60 mins 8.4%

FORESTPORT Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 16.8%
Construction 10.8%
Health Care & Social Assistance 9.5%
Manufacturing 7.1%
Public Administration 10.2%
Retail & Wholesale Trader 17.8%
Other 27.8%
AGE DISTRIBUTION

58% of the population is between the ages of 25 and 64, 16% is 24 or younger and 26% is 65 or older.

Age % Distribution
<15 9.0%
15-19 4.2%
20-24 2.9%
25-44 16.9%
45-65 41.4%
66+ 25.5%
OCCUPATION

Occupation % Distribution
Construction 4.8%
Management, Business, & Financial 19.7%
Natural Resources Maintenance 15.2%
Production & Transportation 9.8%
Sales & Office 28.9%
Social 5.1%
Other 16.5%
HIGHEST EDUCATION LEVEL

20% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 10.4%
High School 44.0%
Masters Degree 8.0%
Some College 14.7%
Some High School 7.5%
Other 15.5%

4078 Lakeview Rd 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 , ONEIDA County , or the 13338 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 13032
  2. 13494