48 Old Glenwood Rd PROPERTY INFO
FACTS
- Built In 1900
- Price/Sqft : $114.66
CONSTRUCTION
- Beds : 4
- Floor Size : 1,560 sqft
- Baths : 2 Full
PROPERTY DESCRIPTION
48 Old Glenwood Rd, West Falls, NY 14170 is a single family home of 1,560 sqft. HomeUnion estimate for 48 Old Glenwood Rd includes a Price Estimate of $178,876 and a Rent Estimate of $2,556. This single family home has 4 bedrooms, 2 bathrooms, and was built in 1900. This property has an estimated 15 year annualized Yield of 17.15% and Total Return of 35.45%. The estimated 1 year forecast in home value for 48 Old Glenwood Rd is 7.89%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
48 Old Glenwood Rd SCHOOLS
Financial Details
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WEST FALLS
Neighborhood : WEST FALLS
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 100% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,556 per month.
MY RENT : $2,556 MEDIAN RENT : $2,195
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 $2,556 would therefore be considered affordable for annual household incomes greater than $102,240 (12 months x 3.333 x $2,556).
HOUSEHOLD INCOME RANGE
Approximately 160 of households in this neighborhood have a total annual income of $102,240 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,556 per month.
MINIMUM INCOME RANGE : $102,240
COMMUTE TIME DISTRIBUTION
69% of the working population has a commute time of 15 to 44 minutes, 19% has a commute time of 14 minutes or less and 12% has a commute time of 45 minutes or longer.
WEST FALLS Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 10.0% |
Construction | 9.7% |
Educational Services | 9.5% |
Health Care & Social Assistance | 16.1% |
Manufacturing | 11.2% |
Retail & Wholesale Trader | 10.8% |
Other | 32.7% |
AGE DISTRIBUTION
55% of the population is between the ages of 25 and 64, 31% is 24 or younger and 14% is 65 or older.
Age | % Distribution |
---|---|
<15 | 18.5% |
15-19 | 7.5% |
20-24 | 4.7% |
25-44 | 19.1% |
45-65 | 35.9% |
66+ | 14.2% |
OCCUPATION
Occupation | % Distribution |
---|---|
Computer Engineering | 6.3% |
Healthcare | 14.5% |
Management, Business, & Financial | 19.6% |
Natural Resources Maintenance | 12.1% |
Production & Transportation | 10.3% |
Sales & Office | 21.7% |
Other | 15.5% |
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 | 10.8% |
High School | 27.4% |
Masters Degree | 10.4% |
Some College | 20.1% |
Some High School | 6.8% |
Other | 24.5% |
48 Old Glenwood Rd Comps
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