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This page contains information about each property aggregated from public data sources, 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.

484 Old Route 22 Amenia, NY 12501

3 Beds 2 Baths 2,040 sqft Built 2005
Last updated:  Jan 23, 2020

INVESTimate

$282,938

$257K - $309K

Price Est.

$2,286

$2.0K - $2.5K

Rent Est.

$291,709  ( +3.1%)   1 YR EST. FORECAST

484 Old Route 22 PROPERTY INFO

FACTS
  • Built In 2005
  • Price/Sqft : $138.70
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,040 sqft
  • Baths : 2 Full
PROPERTY DESCRIPTION
484 Old Route 22, Amenia, NY 12501 is a single family home of 2,040 sqft. HomeUnion estimate for 484 Old Route 22 includes a Price Estimate of $282,938 and a Rent Estimate of $2,286. This single family home has 3 bedrooms, 2 bathrooms, and was built in 2005. This property has an estimated 15 year annualized Yield of 9.70% and Total Return of 22.47%. The estimated 1 year forecast in home value for 484 Old Route 22 is 3.1%.
  
  
  

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484 Old Route 22 SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
WEBUTUCK ELEMENTARY SCHOOL Primary Regular 277 19 3
WEBUTUCK HIGH SCHOOL High Regular 229 14 6

WEBUTUCK ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 277
  • # of teachers: 19
3
GreatSchools Rating

WEBUTUCK HIGH SCHOOL

  • Education Level: High
  • # of students: 229
  • # of teachers: 14
6
GreatSchools Rating
 

Financial Details

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Neighborhood

AMENIA

  • 3,056

    POPULATION
  • 1,106

    HOUSEHOLDS
  • 45.3%

    WHITE COLLAR

Neighborhood : AMENIA

HOUSEHOLDS
1,106
POPULATION

3,056

35.3%Renters
64.7%Home Owners
LABOR FORCE

 

45.3%White Collar
54.7%Blue Collar
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 $2,286 per month.

MY RENT : $2,286 MEDIAN RENT : $2,221

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 1.2%
>=$1,500 98.8%
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 $2,286 would therefore be considered affordable for annual household incomes greater than $91,440 (12 months x 3.333 x $2,286).

Rent % Affordability
Above $500 89.3%
Above $700 82.5%
Above $1,100 65.7%
Above $1,500 49.0%
Above $1,900 41.3%
HOUSEHOLD INCOME RANGE

Approximately 312 of households in this neighborhood have a total annual income of $91,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,286 per month.

MINIMUM INCOME RANGE : $91,440

Income % Distribution
<$20K 10.7%
$20K-$35K 13.3%
$35K-$60K 27.0%
$60K-$100K 22.7%
>=$100K 26.3%
COMMUTE TIME DISTRIBUTION

49% of the working population has a commute time of 15 to 44 minutes, 33% has a commute time of 14 minutes or less and 19% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 7.9%
5-9 mins 14.1%
10-14 mins 11.0%
15-19 mins 12.6%
20-29 mins 21.6%
30-44 mins 14.3%
45-59 mins 7.4%
>60 mins 11.1%
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 $2,286 per month.

MY RENT : $2,286 MEDIAN RENT : $2,221

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 1.2%
>=$1,500 98.8%
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 $2,286 would therefore be considered affordable for annual household incomes greater than $91,440 (12 months x 3.333 x $2,286).

Rent % Affordability
Above $500 89.3%
Above $700 82.5%
Above $1,100 65.7%
Above $1,500 49.0%
Above $1,900 41.3%
HOUSEHOLD INCOME RANGE

Approximately 312 of households in this neighborhood have a total annual income of $91,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,286 per month.

MINIMUM INCOME RANGE : $91,440

Income % Distribution
<$20K 10.7%
$20K-$35K 13.3%
$35K-$60K 27.0%
$60K-$100K 22.7%
>=$100K 26.3%
COMMUTE TIME DISTRIBUTION

49% of the working population has a commute time of 15 to 44 minutes, 33% has a commute time of 14 minutes or less and 19% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 7.9%
5-9 mins 14.1%
10-14 mins 11.0%
15-19 mins 12.6%
20-29 mins 21.6%
30-44 mins 14.3%
45-59 mins 7.4%
>60 mins 11.1%

AMENIA Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 5.7%
Construction 14.0%
Educational Services 15.2%
Health Care & Social Assistance 13.4%
Manufacturing 6.2%
Retail & Wholesale Trader 17.7%
Other 27.7%
AGE DISTRIBUTION

52% of the population is between the ages of 25 and 64, 34% is 24 or younger and 14% is 65 or older.

Age % Distribution
<15 15.4%
15-19 9.0%
20-24 9.9%
25-44 20.5%
45-65 31.3%
66+ 13.8%
OCCUPATION

Occupation % Distribution
Clean 6.2%
Healthcare 12.9%
Management, Business, & Financial 10.0%
Natural Resources Maintenance 15.7%
Production & Transportation 17.8%
Sales & Office 21.3%
Other 15.9%
HIGHEST EDUCATION LEVEL

24% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 13.2%
High School 26.8%
Masters Degree 8.0%
Some College 20.6%
Some High School 14.9%
Other 16.5%

484 Old Route 22 Comps

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Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NY , DUTCHESS County , or the 12501 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 12592
  2. 10512