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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.

5285 Lebanon Rd Lebanon, NY 13332

2 Beds 1 Baths 1,039 sqft Built 1880
Last updated:  Nov 28, 2019

INVESTimate

$86,946

$77.8K - $96.1K

Price Est.

$1,263

969 - $1.6K

Rent Est.

$88,963  ( +2.32%)   1 YR EST. FORECAST

5285 Lebanon Rd PROPERTY INFO

FACTS
  • Built In 1880
  • Price/Sqft : $83.68
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,039 sqft
  • Baths : 1 Full
PROPERTY DESCRIPTION
5285 Lebanon Rd, Lebanon, NY 13332 is a single family home of 1,039 sqft. HomeUnion estimate for 5285 Lebanon Rd includes a Price Estimate of $86,946 and a Rent Estimate of $1,263. This single family home has 2 bedrooms, 1 bathrooms, and was built in 1880. This property has an estimated 15 year annualized Yield of 17.43% and Total Return of 32.02%. The estimated 1 year forecast in home value for 5285 Lebanon Rd is 2.32%.
  
  
  

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5285 Lebanon Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
SHERBURNE-EARLVILLE ELEMENTARY SCHOOL Primary Regular 658 66 4
SHERBURNE-EARLVILLE MIDDLE SCHOOL Middle Regular 329 32 5
SHERBURNE-EARLVILLE HIGH SCHOOL High Regular 454 33 7

SHERBURNE-EARLVILLE ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 658
  • # of teachers: 66
4
GreatSchools Rating

SHERBURNE-EARLVILLE MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 329
  • # of teachers: 32
5
GreatSchools Rating

SHERBURNE-EARLVILLE HIGH SCHOOL

  • Education Level: High
  • # of students: 454
  • # of teachers: 33
7
GreatSchools Rating
 

Financial Details

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Neighborhood

EARLVILLE

  • 2,475

    POPULATION
  • 901

    HOUSEHOLDS
  • 55.1%

    WHITE COLLAR

Neighborhood : EARLVILLE

HOUSEHOLDS
901
POPULATION

2,475

22.6%Renters
77.4%Home Owners
LABOR FORCE

 

55.1%White Collar
44.9%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 87% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,263 per month.

MY RENT : $1,263 MEDIAN RENT : $1,750

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.3%
$1,000-1,499 24.3%
>=$1,500 75.3%
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 $1,263 would therefore be considered affordable for annual household incomes greater than $50,520 (12 months x 3.333 x $1,263).

Rent % Affordability
Above $500 87.4%
Above $700 77.5%
Above $1,100 51.3%
Above $1,500 39.0%
Above $1,900 28.0%
HOUSEHOLD INCOME RANGE

Approximately 393 of households in this neighborhood have a total annual income of $50,520 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,263 per month.

MINIMUM INCOME RANGE : $50,520

Income % Distribution
<$20K 12.6%
$20K-$35K 19.2%
$35K-$60K 29.2%
$60K-$100K 24.8%
>=$100K 14.2%
COMMUTE TIME DISTRIBUTION

52% of the working population has a commute time of 15 to 44 minutes, 36% has a commute time of 14 minutes or less and 12% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 5.9%
5-9 mins 8.5%
10-14 mins 21.9%
15-19 mins 13.6%
20-29 mins 27.4%
30-44 mins 11.1%
45-59 mins 5.7%
>60 mins 5.9%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 87% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,263 per month.

MY RENT : $1,263 MEDIAN RENT : $1,750

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.3%
$1,000-1,499 24.3%
>=$1,500 75.3%
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 $1,263 would therefore be considered affordable for annual household incomes greater than $50,520 (12 months x 3.333 x $1,263).

Rent % Affordability
Above $500 87.4%
Above $700 77.5%
Above $1,100 51.3%
Above $1,500 39.0%
Above $1,900 28.0%
HOUSEHOLD INCOME RANGE

Approximately 393 of households in this neighborhood have a total annual income of $50,520 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,263 per month.

MINIMUM INCOME RANGE : $50,520

Income % Distribution
<$20K 12.6%
$20K-$35K 19.2%
$35K-$60K 29.2%
$60K-$100K 24.8%
>=$100K 14.2%
COMMUTE TIME DISTRIBUTION

52% of the working population has a commute time of 15 to 44 minutes, 36% has a commute time of 14 minutes or less and 12% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 5.9%
5-9 mins 8.5%
10-14 mins 21.9%
15-19 mins 13.6%
20-29 mins 27.4%
30-44 mins 11.1%
45-59 mins 5.7%
>60 mins 5.9%

EARLVILLE Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 14.7%
Construction 6.4%
Educational Services 20.7%
Health Care & Social Assistance 10.4%
Manufacturing 9.5%
Retail & Wholesale Trader 11.6%
Other 26.8%
AGE DISTRIBUTION

53% of the population is between the ages of 25 and 64, 32% is 24 or younger and 15% is 65 or older.

Age % Distribution
<15 21.3%
15-19 6.9%
20-24 4.2%
25-44 24.5%
45-65 28.5%
66+ 14.7%
OCCUPATION

Occupation % Distribution
Construction 4.8%
Healthcare 8.0%
Management, Business, & Financial 17.3%
Natural Resources Maintenance 15.1%
Production & Transportation 18.3%
Sales & Office 19.9%
Other 16.6%
HIGHEST EDUCATION LEVEL

25% 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 35.0%
Masters Degree 8.4%
Some College 15.9%
Some High School 12.0%
Other 14.9%

5285 Lebanon 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 , MADISON County , or the 13332 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 13334