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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.

513 Old Mountain Rd Otisville, NY 10963

3 Beds 2 Baths 2,004 sqft Built 1875
Last updated:  Oct 23, 2019

INVESTimate

$313,476

$288K - $339K

Price Est.

$1,977

$1.8K - $2.2K

Rent Est.

$331,344  ( +5.7%)   1 YR EST. FORECAST

513 Old Mountain Rd PROPERTY INFO

FACTS
  • Built In 1875
  • Price/Sqft : $156.43
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,004 sqft
  • Baths : 2 Full
PROPERTY DESCRIPTION
513 Old Mountain Rd, Otisville, NY 10963 is a single family home of 2,004 sqft. HomeUnion estimate for 513 Old Mountain Rd includes a Price Estimate of $313,476 and a Rent Estimate of $1,977. This single family home has 3 bedrooms, 2 bathrooms, and was built in 1875. This property has an estimated 15 year annualized Yield of 7.57% and Total Return of 22.59%. The estimated 1 year forecast in home value for 513 Old Mountain Rd is 5.7%.
  
  
  

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513 Old Mountain Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
MINISINK VALLEY HIGH SCHOOL High Regular 1,467 88 7

MINISINK VALLEY HIGH SCHOOL

  • Education Level: High
  • # of students: 1,467
  • # of teachers: 88
7
GreatSchools Rating
 

Financial Details

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Neighborhood

OTISVILLE

  • 4,265

    POPULATION
  • 864

    HOUSEHOLDS
  • 53.9%

    WHITE COLLAR

Neighborhood : OTISVILLE

HOUSEHOLDS
864
POPULATION

4,265

18.7%Renters
81.3%Home Owners
LABOR FORCE

 

53.9%White Collar
46.1%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 86% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,977 per month.

MY RENT : $1,977 MEDIAN RENT : $1,833

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.2%
$1,000-1,499 13.8%
>=$1,500 85.9%
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 $1,977 would therefore be considered affordable for annual household incomes greater than $79,080 (12 months x 3.333 x $1,977).

Rent % Affordability
Above $500 88.4%
Above $700 82.6%
Above $1,100 71.1%
Above $1,500 58.4%
Above $1,900 47.7%
HOUSEHOLD INCOME RANGE

Approximately 327 of households in this neighborhood have a total annual income of $79,080 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,977 per month.

MINIMUM INCOME RANGE : $79,080

Income % Distribution
<$20K 11.6%
$20K-$35K 11.7%
$35K-$60K 18.3%
$60K-$100K 25.9%
>=$100K 32.5%
COMMUTE TIME DISTRIBUTION

53% of the working population has a commute time of 15 to 44 minutes, 15% has a commute time of 14 minutes or less and 33% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.5%
5-9 mins 3.1%
10-14 mins 8.0%
15-19 mins 15.0%
20-29 mins 18.9%
30-44 mins 19.0%
45-59 mins 5.5%
>60 mins 27.0%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 86% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,977 per month.

MY RENT : $1,977 MEDIAN RENT : $1,833

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.2%
$1,000-1,499 13.8%
>=$1,500 85.9%
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 $1,977 would therefore be considered affordable for annual household incomes greater than $79,080 (12 months x 3.333 x $1,977).

Rent % Affordability
Above $500 88.4%
Above $700 82.6%
Above $1,100 71.1%
Above $1,500 58.4%
Above $1,900 47.7%
HOUSEHOLD INCOME RANGE

Approximately 327 of households in this neighborhood have a total annual income of $79,080 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,977 per month.

MINIMUM INCOME RANGE : $79,080

Income % Distribution
<$20K 11.6%
$20K-$35K 11.7%
$35K-$60K 18.3%
$60K-$100K 25.9%
>=$100K 32.5%
COMMUTE TIME DISTRIBUTION

53% of the working population has a commute time of 15 to 44 minutes, 15% has a commute time of 14 minutes or less and 33% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.5%
5-9 mins 3.1%
10-14 mins 8.0%
15-19 mins 15.0%
20-29 mins 18.9%
30-44 mins 19.0%
45-59 mins 5.5%
>60 mins 27.0%

OTISVILLE Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 7.6%
Construction 11.6%
Educational Services 15.1%
Health Care & Social Assistance 17.9%
Manufacturing 7.7%
Retail & Wholesale Trader 12.5%
Other 27.6%
AGE DISTRIBUTION

71% of the population is between the ages of 25 and 64, 21% is 24 or younger and 8% is 65 or older.

Age % Distribution
<15 11.4%
15-19 4.9%
20-24 4.7%
25-44 35.2%
45-65 35.4%
66+ 8.4%
OCCUPATION

Occupation % Distribution
Computer Engineering 7.5%
Management, Business, & Financial 11.3%
Natural Resources Maintenance 16.1%
Production & Transportation 12.5%
Protect 7.4%
Sales & Office 22.7%
Other 22.5%
HIGHEST EDUCATION LEVEL

13% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 6.3%
High School 40.1%
Masters Degree 5.3%
Some College 23.9%
Some High School 13.5%
Other 10.9%

513 Old Mountain Rd 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 , ORANGE County , or the 10963 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 12790
  2. 10940
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