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42 Sherow Rd PROPERTY INFO
FACTS
- Built In 1880
- Price/Sqft : $164.96
CONSTRUCTION
- Beds : 4
- Floor Size : 2,681 sqft
- Baths : 3 Full
42 Sherow Rd SCHOOLS
Financial Details
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PLEASANT VALLEY
Neighborhood : PLEASANT VALLEY
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 99% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $3,034 per month.
MY RENT : $3,034 MEDIAN RENT : $2,409
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 $3,034 would therefore be considered affordable for annual household incomes greater than $121,360 (12 months x 3.333 x $3,034).
HOUSEHOLD INCOME RANGE
Approximately 776 of households in this neighborhood have a total annual income of $121,360 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $3,034 per month.
MINIMUM INCOME RANGE : $121,360
COMMUTE TIME DISTRIBUTION
60% of the working population has a commute time of 15 to 44 minutes, 16% has a commute time of 14 minutes or less and 24% has a commute time of 45 minutes or longer.
PLEASANT VALLEY Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Construction | 7.3% |
Educational Services | 10.5% |
Health Care & Social Assistance | 15.9% |
Manufacturing | 8.3% |
Professional & Scientific Tech Services | 9.2% |
Retail & Wholesale Trader | 17.4% |
Other | 31.6% |
AGE DISTRIBUTION
59% of the population is between the ages of 25 and 64, 28% is 24 or younger and 13% is 65 or older.
Age | % Distribution |
---|---|
<15 | 16.0% |
15-19 | 6.3% |
20-24 | 5.7% |
25-44 | 24.2% |
45-65 | 34.5% |
66+ | 13.3% |
OCCUPATION
Occupation | % Distribution |
---|---|
Construction | 8.8% |
Healthcare | 7.4% |
Management, Business, & Financial | 20.1% |
Natural Resources Maintenance | 13.0% |
Production & Transportation | 8.1% |
Sales & Office | 23.5% |
Other | 19.1% |
HIGHEST EDUCATION LEVEL
28% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 12.3% |
High School | 25.6% |
Masters Degree | 12.6% |
Some College | 20.9% |
Some High School | 8.0% |
Other | 20.6% |
42 Sherow Rd Comps
42 Sherow Rd, Pleasant Valley, NY 12569 is a single family home of 2,681 sqft. HomeUnion INVESTimateĀ® for 42 Sherow Rd includes a Price Estimate of $442,248 and a Rent Estimate of $3,034. This single family home has 4 bedrooms,3 bathrooms, and was built in 1880. This property has an estimated 15 year annualized Yield of 8.23% and Total Return of 17.61%. The estimated 1 year forecast in home value for 42 Sherow Rd is 1.98%.
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