INVESTimate
$64,604
Financial Details50 Old Stage Rd PROPERTY INFO
FACTS
- Built In 1989
- Price/Sqft : $142.33
CONSTRUCTION
- Beds : 2
- Floor Size : 1,408 sqft
- Baths : 1 Full
PROPERTY DESCRIPTION
50 Old Stage Rd, Langdon, NH 03602 is a single family home of 1,408 sqft. HomeUnion estimate for 50 Old Stage Rd includes a Price Estimate of $200,394 and a Rent Estimate of $1,230. This single family home has 2 bedrooms, 1 bathrooms, and was built in 1989. This property has an estimated 15 year annualized Yield of 7.37% and Total Return of 13.78%. The estimated 1 year forecast in home value for 50 Old Stage Rd is 3.18%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
50 Old Stage Rd SCHOOLS
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Financial Details
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ALSTEAD
Neighborhood : ALSTEAD
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 69% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,230 per month.
MY RENT : $1,230 MEDIAN RENT : $1,382
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 $1,230 would therefore be considered affordable for annual household incomes greater than $49,200 (12 months x 3.333 x $1,230).
HOUSEHOLD INCOME RANGE
Approximately 646 of households in this neighborhood have a total annual income of $49,200 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,230 per month.
MINIMUM INCOME RANGE : $49,200
COMMUTE TIME DISTRIBUTION
68% of the working population has a commute time of 15 to 44 minutes, 14% has a commute time of 14 minutes or less and 19% has a commute time of 45 minutes or longer.
ALSTEAD Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Construction | 7.1% |
| Educational Services | 14.5% |
| Health Care & Social Assistance | 18.4% |
| Manufacturing | 14.7% |
| Public Administration | 5.3% |
| Retail & Wholesale Trader | 14.9% |
| Other | 25.2% |
AGE DISTRIBUTION
54% of the population is between the ages of 25 and 64, 28% is 24 or younger and 18% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 17.2% |
| 15-19 | 6.9% |
| 20-24 | 4.0% |
| 25-44 | 21.3% |
| 45-65 | 32.2% |
| 66+ | 18.4% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Computer Engineering | 6.6% |
| Healthcare | 11.4% |
| Management, Business, & Financial | 18.7% |
| Natural Resources Maintenance | 11.6% |
| Production & Transportation | 18.9% |
| Sales & Office | 12.6% |
| Other | 20.2% |
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 | 7.2% |
| High School | 35.2% |
| Masters Degree | 10.9% |
| Some College | 17.0% |
| Some High School | 8.9% |
| Other | 20.8% |
50 Old Stage Rd Comps
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