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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

410 Ridge Rd T-919 Schodack Landing, NY 12156

3 Beds 1 Baths 1,056 sqft Built 1902
Last updated:  Jan 23, 2020

INVESTimate

$258,748

$236K - $281K

Price Est.

$1,389

$1.2K - $1.6K

Rent Est.

$263,561  ( +1.86%)   1 YR EST. FORECAST
  
  
  

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410 Ridge Rd T-919 PROPERTY INFO

FACTS
  • Built In 1902
  • Price/Sqft : $245.03
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,056 sqft
  • Baths : 1 Full

410 Ridge Rd T-919 SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
ICHABOD CRANE PRIMARY SCHOOL Primary Regular 538 39 5
ICHABOD CRANE MIDDLE SCHOOL Middle Regular 424 35 7
ICHABOD CRANE SENIOR HIGH SCHOOL High Regular 661 48 7

ICHABOD CRANE PRIMARY SCHOOL

  • Education Level: Primary
  • # of students: 538
  • # of teachers: 39
5
GreatSchools Rating

ICHABOD CRANE MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 424
  • # of teachers: 35
7
GreatSchools Rating

ICHABOD CRANE SENIOR HIGH SCHOOL

  • Education Level: High
  • # of students: 661
  • # of teachers: 48
7
GreatSchools Rating
 

Financial Details

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Neighborhood

SCHODACK LANDING

  • 972

    POPULATION
  • 375

    HOUSEHOLDS
  • 71.0%

    WHITE COLLAR

Neighborhood : SCHODACK LANDING

HOUSEHOLDS
375
POPULATION

972

21.4%Renters
78.6%Home Owners
LABOR FORCE

 

71.0%White Collar
29.0%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 62% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,389 per month.

MY RENT : $1,389 MEDIAN RENT : $1,509

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 48.4%
>=$1,500 51.6%
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 $1,389 would therefore be considered affordable for annual household incomes greater than $55,560 (12 months x 3.333 x $1,389).

Rent % Affordability
Above $500 88.8%
Above $700 87.3%
Above $1,100 74.2%
Above $1,500 56.4%
Above $1,900 44.4%
HOUSEHOLD INCOME RANGE

Approximately 219 of households in this neighborhood have a total annual income of $55,560 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,389 per month.

MINIMUM INCOME RANGE : $55,560

Income % Distribution
<$20K 11.2%
$20K-$35K 4.5%
$35K-$60K 27.8%
$60K-$100K 25.4%
>=$100K 31.0%
COMMUTE TIME DISTRIBUTION

83% of the working population has a commute time of 15 to 44 minutes, 12% has a commute time of 14 minutes or less and 5% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.9%
5-9 mins 4.3%
10-14 mins 6.2%
15-19 mins 17.9%
20-29 mins 32.2%
30-44 mins 32.5%
45-59 mins 2.9%
>60 mins 2.1%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 62% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,389 per month.

MY RENT : $1,389 MEDIAN RENT : $1,509

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 48.4%
>=$1,500 51.6%
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 $1,389 would therefore be considered affordable for annual household incomes greater than $55,560 (12 months x 3.333 x $1,389).

Rent % Affordability
Above $500 88.8%
Above $700 87.3%
Above $1,100 74.2%
Above $1,500 56.4%
Above $1,900 44.4%
HOUSEHOLD INCOME RANGE

Approximately 219 of households in this neighborhood have a total annual income of $55,560 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,389 per month.

MINIMUM INCOME RANGE : $55,560

Income % Distribution
<$20K 11.2%
$20K-$35K 4.5%
$35K-$60K 27.8%
$60K-$100K 25.4%
>=$100K 31.0%
COMMUTE TIME DISTRIBUTION

83% of the working population has a commute time of 15 to 44 minutes, 12% has a commute time of 14 minutes or less and 5% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.9%
5-9 mins 4.3%
10-14 mins 6.2%
15-19 mins 17.9%
20-29 mins 32.2%
30-44 mins 32.5%
45-59 mins 2.9%
>60 mins 2.1%

SCHODACK LANDING Demographics

INDUSTRY

Industry % Distribution
Construction 17.6%
Educational Services 7.3%
Health Care & Social Assistance 15.1%
Professional & Scientific Tech Services 10.5%
Public Administration 16.3%
Retail & Wholesale Trader 7.8%
Other 25.4%
AGE DISTRIBUTION

54% of the population is between the ages of 25 and 64, 35% is 24 or younger and 11% is 65 or older.

Age % Distribution
<15 23.4%
15-19 8.0%
20-24 3.4%
25-44 27.3%
45-65 26.6%
66+ 11.3%
OCCUPATION

Occupation % Distribution
Construction 7.6%
Healthcare 9.5%
Management, Business, & Financial 29.9%
Production & Transportation 8.8%
Protect 8.8%
Sales & Office 15.2%
Other 20.1%
HIGHEST EDUCATION LEVEL

27% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 14.5%
High School 13.2%
Masters Degree 9.4%
Some College 31.1%
Some High School 14.2%
Other 17.6%

410 Ridge Rd T-919 Comps

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410 Ridge Rd T-919, Schodack Landing, NY 12156 is a single family home of 1,056 sqft. HomeUnion INVESTimateĀ® for 410 Ridge Rd T-919 includes a Price Estimate of $258,748 and a Rent Estimate of $1,389. This single family home has 3 bedrooms,1 bathrooms, and was built in 1902. This property has an estimated 15 year annualized Yield of 6.44% and Total Return of 8.11%. The estimated 1 year forecast in home value for 410 Ridge Rd T-919 is 1.86%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NY , COLUMBIA County , or the 12156 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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