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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

48 Chapman St Rouses Point, NY 12979

3 Beds 1 Baths 1,488 sqft Built 1932
Last updated:  Jan 23, 2020

INVESTimate

$117,359

$106K - $128K

Price Est.

$1,815

$1.4K - $2.2K

Rent Est.

$127,205  ( +8.39%)   1 YR EST. FORECAST
  
  
  

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48 Chapman St PROPERTY INFO

FACTS
  • Built In 1932
  • Price/Sqft : $78.87
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,488 sqft
  • Baths : 1 Full

48 Chapman St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
NORTHEASTERN CLINTON SENIOR HIGH SCHOOL High Regular 467 36 6

NORTHEASTERN CLINTON SENIOR HIGH SCHOOL

  • Education Level: High
  • # of students: 467
  • # of teachers: 36
6
GreatSchools Rating
 

Financial Details

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Neighborhood

ROUSES POINT

  • 1,997

    POPULATION
  • 969

    HOUSEHOLDS
  • 52.4%

    WHITE COLLAR

Neighborhood : ROUSES POINT

HOUSEHOLDS
969
POPULATION

1,997

44.6%Renters
55.4%Home Owners
LABOR FORCE

 

52.4%White Collar
47.6%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 94% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,815 per month.

MY RENT : $1,815 MEDIAN RENT : $1,899

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 5.7%
>=$1,500 94.3%
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 $1,815 would therefore be considered affordable for annual household incomes greater than $72,600 (12 months x 3.333 x $1,815).

Rent % Affordability
Above $500 76.3%
Above $700 69.8%
Above $1,100 54.8%
Above $1,500 43.8%
Above $1,900 30.9%
HOUSEHOLD INCOME RANGE

Approximately 222 of households in this neighborhood have a total annual income of $72,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,815 per month.

MINIMUM INCOME RANGE : $72,600

Income % Distribution
<$20K 23.7%
$20K-$35K 13.2%
$35K-$60K 19.2%
$60K-$100K 29.1%
>=$100K 14.8%
COMMUTE TIME DISTRIBUTION

39% of the working population has a commute time of 15 to 44 minutes, 46% has a commute time of 14 minutes or less and 16% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 13.3%
5-9 mins 16.2%
10-14 mins 16.0%
15-19 mins 9.1%
20-29 mins 10.6%
30-44 mins 19.3%
45-59 mins 6.9%
>60 mins 8.6%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 94% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,815 per month.

MY RENT : $1,815 MEDIAN RENT : $1,899

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 5.7%
>=$1,500 94.3%
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 $1,815 would therefore be considered affordable for annual household incomes greater than $72,600 (12 months x 3.333 x $1,815).

Rent % Affordability
Above $500 76.3%
Above $700 69.8%
Above $1,100 54.8%
Above $1,500 43.8%
Above $1,900 30.9%
HOUSEHOLD INCOME RANGE

Approximately 222 of households in this neighborhood have a total annual income of $72,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,815 per month.

MINIMUM INCOME RANGE : $72,600

Income % Distribution
<$20K 23.7%
$20K-$35K 13.2%
$35K-$60K 19.2%
$60K-$100K 29.1%
>=$100K 14.8%
COMMUTE TIME DISTRIBUTION

39% of the working population has a commute time of 15 to 44 minutes, 46% has a commute time of 14 minutes or less and 16% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 13.3%
5-9 mins 16.2%
10-14 mins 16.0%
15-19 mins 9.1%
20-29 mins 10.6%
30-44 mins 19.3%
45-59 mins 6.9%
>60 mins 8.6%

ROUSES POINT Demographics

INDUSTRY

Industry % Distribution
Educational Services 8.3%
Health Care & Social Assistance 10.2%
Manufacturing 14.0%
Public Administration 13.9%
Retail & Wholesale Trader 14.5%
Transportation 8.7%
Other 30.4%
AGE DISTRIBUTION

55% of the population is between the ages of 25 and 64, 25% is 24 or younger and 20% is 65 or older.

Age % Distribution
<15 13.3%
15-19 6.0%
20-24 5.4%
25-44 24.0%
45-65 31.2%
66+ 20.2%
OCCUPATION

Occupation % Distribution
Construction 5.4%
Management, Business, & Financial 16.6%
Natural Resources Maintenance 11.1%
Production & Transportation 16.8%
Protect 11.5%
Sales & Office 24.5%
Other 14.1%
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 13.7%
High School 34.4%
Masters Degree 5.9%
Some College 22.5%
Some High School 12.8%
Other 10.8%

48 Chapman St Comps

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48 Chapman St, Rouses Point, NY 12979 is a single family home of 1,488 sqft. HomeUnion INVESTimateĀ® for 48 Chapman St includes a Price Estimate of $117,359 and a Rent Estimate of $1,815. This single family home has 3 bedrooms,1 bathrooms, and was built in 1932. This property has an estimated 15 year annualized Yield of 18.56% and Total Return of 42.66%. The estimated 1 year forecast in home value for 48 Chapman St is 8.39%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NY , CLINTON County , or the 12979 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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