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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

47 Carl Roberts Rd Alexander, NC 28701

3 Beds 3 Baths 2,413 sqft Built 2013
Last updated:  Nov 28, 2019

INVESTimate

$405,759

$368K - $443K

Price Est.

$2,123

$1.9K - $2.4K

Rent Est.

$428,968  ( +5.72%)   1 YR EST. FORECAST
  
  
  

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47 Carl Roberts Rd PROPERTY INFO

FACTS
  • Built In 2013
  • Price/Sqft : $168.16
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,413 sqft
  • Baths : 3 Full

47 Carl Roberts Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
WEST BUNCOMBE ELEMENTARY SCHOOL Primary Regular 611 44 NA

WEST BUNCOMBE ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 611
  • # of teachers: 44
-1
GreatSchools Rating
 

Financial Details

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Neighborhood

Maplewood Village

  • 14

    POPULATION
  • 6

    HOUSEHOLDS
  • 60.4%

    WHITE COLLAR

Neighborhood : Maplewood Village

HOUSEHOLDS
6
POPULATION

14

16.7%Renters
83.3%Home Owners
LABOR FORCE

 

60.4%White Collar
39.6%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 80% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,123 per month.

MY RENT : $2,123 MEDIAN RENT : $2,072

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 20.0%
>=$1,500 80.0%
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 $2,123 would therefore be considered affordable for annual household incomes greater than $84,920 (12 months x 3.333 x $2,123).

Rent % Affordability
Above $500 100.0%
Above $700 0.0%
Above $1,100 0.0%
Above $1,500 0.0%
Above $1,900 0.0%
HOUSEHOLD INCOME RANGE

Approximately 0 of households in this neighborhood have a total annual income of $84,920 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,123 per month.

MINIMUM INCOME RANGE : $84,920

Income % Distribution
<$20K 0.0%
$20K-$35K 100.0%
$35K-$60K 0.0%
$60K-$100K 0.0%
>=$100K 0.0%
COMMUTE TIME DISTRIBUTION

80% of the working population has a commute time of 15 to 44 minutes, 20% has a commute time of 14 minutes or less and 0% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 0.0%
10-14 mins 20.0%
15-19 mins 20.0%
20-29 mins 40.0%
30-44 mins 20.0%
45-59 mins 0.0%
>60 mins 0.0%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 80% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,123 per month.

MY RENT : $2,123 MEDIAN RENT : $2,072

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 20.0%
>=$1,500 80.0%
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 $2,123 would therefore be considered affordable for annual household incomes greater than $84,920 (12 months x 3.333 x $2,123).

Rent % Affordability
Above $500 100.0%
Above $700 0.0%
Above $1,100 0.0%
Above $1,500 0.0%
Above $1,900 0.0%
HOUSEHOLD INCOME RANGE

Approximately 0 of households in this neighborhood have a total annual income of $84,920 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,123 per month.

MINIMUM INCOME RANGE : $84,920

Income % Distribution
<$20K 0.0%
$20K-$35K 100.0%
$35K-$60K 0.0%
$60K-$100K 0.0%
>=$100K 0.0%
COMMUTE TIME DISTRIBUTION

80% of the working population has a commute time of 15 to 44 minutes, 20% has a commute time of 14 minutes or less and 0% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 0.0%
10-14 mins 20.0%
15-19 mins 20.0%
20-29 mins 40.0%
30-44 mins 20.0%
45-59 mins 0.0%
>60 mins 0.0%

Maplewood Village Demographics

INDUSTRY

Industry % Distribution
Administrative Support 20.0%
Arts & Entertainment 20.0%
Health Care & Social Assistance 20.0%
Manufacturing 20.0%
Retail & Wholesale Trader 20.0%
Transportation 0.0%
Other 0.0%
AGE DISTRIBUTION

57% of the population is between the ages of 25 and 64, 21% is 24 or younger and 21% is 65 or older.

Age % Distribution
<15 14.3%
15-19 7.1%
20-24 0.0%
25-44 14.3%
45-65 42.9%
66+ 21.4%
OCCUPATION

Occupation % Distribution
Management, Business, & Financial 33.3%
PCare 0.0%
Production & Transportation 33.3%
Protect 0.0%
Sales & Office 33.3%
Social 0.0%
Other 0.0%
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 8.3%
High School 41.7%
Masters Degree 8.3%
Some College 16.7%
Some High School 8.3%
Other 16.7%

47 Carl Roberts Rd Comps

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47 Carl Roberts Rd, Alexander, NC 28701 is a single family home of 2,413 sqft. HomeUnion INVESTimateĀ® for 47 Carl Roberts Rd includes a Price Estimate of $405,759 and a Rent Estimate of $2,123. This single family home has 3 bedrooms,3 bathrooms, and was built in 2013. This property has an estimated 15 year annualized Yield of 6.28% and Total Return of 20.68%. The estimated 1 year forecast in home value for 47 Carl Roberts Rd is 5.72%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NC , BUNCOMBE County , or the 28701 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 28804
  2. 28806
  3. 28748