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This page contains aggregated information about each property, 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 about INVESTimate

53 Jeffrey Dr North Scituate, RI 02857

3 Beds 1 Baths 1,100 sqft Built 1970
Last updated:  Jan 23, 2020

INVESTimate

$271,621

$231K - $312K

Price Est.

$1,692

$1.5K - $1.9K

Rent Est.

$282,975  ( +4.18%)   1 YR EST. FORECAST
  
  
  

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53 Jeffrey Dr PROPERTY INFO

FACTS
  • Built In 1970
  • Price/Sqft : $246.93
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,100 sqft
  • Baths : 1 Full

53 Jeffrey Dr SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
FOGARTY MEMORIAL SCHOOL Primary Regular 340 27 NA
PONAGANSET MIDDLE SCHOOL Middle Regular 482 32 7
PONAGANSET HIGH SCHOOL High Regular 751 62 6

FOGARTY MEMORIAL SCHOOL

  • Education Level: Primary
  • # of students: 340
  • # of teachers: 27
-1
GreatSchools Rating

PONAGANSET MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 482
  • # of teachers: 32
7
GreatSchools Rating

PONAGANSET HIGH SCHOOL

  • Education Level: High
  • # of students: 751
  • # of teachers: 62
6
GreatSchools Rating
 

Financial Details

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Neighborhood

Waldron Corners

  • 855

    POPULATION
  • 325

    HOUSEHOLDS
  • 57.6%

    WHITE COLLAR

Neighborhood : Waldron Corners

HOUSEHOLDS
325
POPULATION

855

4.0%Renters
96.0%Home Owners
LABOR FORCE

 

57.6%White Collar
42.4%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 75% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,692 per month.

MY RENT : $1,692 MEDIAN RENT : $1,826

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 24.5%
>=$1,500 75.5%
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 $1,692 would therefore be considered affordable for annual household incomes greater than $67,680 (12 months x 3.333 x $1,692).

Rent % Affordability
Above $500 91.0%
Above $700 84.1%
Above $1,100 73.8%
Above $1,500 63.6%
Above $1,900 54.2%
HOUSEHOLD INCOME RANGE

Approximately 144 of households in this neighborhood have a total annual income of $67,680 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,692 per month.

MINIMUM INCOME RANGE : $67,680

Income % Distribution
<$20K 9.0%
$20K-$35K 13.0%
$35K-$60K 14.5%
$60K-$100K 28.1%
>=$100K 35.5%
COMMUTE TIME DISTRIBUTION

66% of the working population has a commute time of 15 to 44 minutes, 21% has a commute time of 14 minutes or less and 13% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.8%
5-9 mins 3.0%
10-14 mins 17.5%
15-19 mins 10.1%
20-29 mins 32.1%
30-44 mins 23.6%
45-59 mins 5.3%
>60 mins 7.6%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 75% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,692 per month.

MY RENT : $1,692 MEDIAN RENT : $1,826

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 24.5%
>=$1,500 75.5%
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 $1,692 would therefore be considered affordable for annual household incomes greater than $67,680 (12 months x 3.333 x $1,692).

Rent % Affordability
Above $500 91.0%
Above $700 84.1%
Above $1,100 73.8%
Above $1,500 63.6%
Above $1,900 54.2%
HOUSEHOLD INCOME RANGE

Approximately 144 of households in this neighborhood have a total annual income of $67,680 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,692 per month.

MINIMUM INCOME RANGE : $67,680

Income % Distribution
<$20K 9.0%
$20K-$35K 13.0%
$35K-$60K 14.5%
$60K-$100K 28.1%
>=$100K 35.5%
COMMUTE TIME DISTRIBUTION

66% of the working population has a commute time of 15 to 44 minutes, 21% has a commute time of 14 minutes or less and 13% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.8%
5-9 mins 3.0%
10-14 mins 17.5%
15-19 mins 10.1%
20-29 mins 32.1%
30-44 mins 23.6%
45-59 mins 5.3%
>60 mins 7.6%

Waldron Corners Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 15.2%
Educational Services 10.5%
Health Care & Social Assistance 9.6%
Manufacturing 6.8%
Public Administration 10.2%
Retail & Wholesale Trader 25.8%
Other 21.9%
AGE DISTRIBUTION

56% of the population is between the ages of 25 and 64, 29% is 24 or younger and 15% is 65 or older.

Age % Distribution
<15 14.9%
15-19 5.8%
20-24 8.8%
25-44 22.7%
45-65 32.9%
66+ 15.0%
OCCUPATION

Occupation % Distribution
Education 8.5%
Legal 7.0%
Management, Business, & Financial 13.9%
Natural Resources Maintenance 7.6%
Production & Transportation 12.0%
Sales & Office 25.6%
Other 25.3%
HIGHEST EDUCATION LEVEL

22% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 8.8%
High School 27.1%
Masters Degree 9.4%
Some College 15.3%
Some High School 9.1%
Other 30.3%

53 Jeffrey Dr Comps

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53 Jeffrey Dr, North Scituate, RI 02857 is a single family home of 1,100 sqft. HomeUnion INVESTimateĀ® for 53 Jeffrey Dr includes a Price Estimate of $271,621 and a Rent Estimate of $1,692. This single family home has 3 bedrooms,1 bathrooms, and was built in 1970. This property has an estimated 15 year annualized Yield of 7.48% and Total Return of 17.55%. The estimated 1 year forecast in home value for 53 Jeffrey Dr is 4.18%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in RI , PROVIDENCE County , or the 02857 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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