INVESTimate
$74,131
OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
55 Adams Rd PROPERTY INFO
FACTS
- Built In 1987
- Price/Sqft : $108.22
CONSTRUCTION
- Beds : 3
- Floor Size : 2,184 sqft
- Baths : 2 Full
55 Adams Rd SCHOOLS
Financial Details
See Financial Details
To review the detailed projections for this property, sign up for a FREE account
WURTSBORO
Neighborhood : WURTSBORO
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 30% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,762 per month.
MY RENT : $1,762 MEDIAN RENT : $1,260
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 $1,762 would therefore be considered affordable for annual household incomes greater than $70,480 (12 months x 3.333 x $1,762).
HOUSEHOLD INCOME RANGE
Approximately 694 of households in this neighborhood have a total annual income of $70,480 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,762 per month.
MINIMUM INCOME RANGE : $70,480
COMMUTE TIME DISTRIBUTION
57% of the working population has a commute time of 15 to 44 minutes, 15% has a commute time of 14 minutes or less and 29% has a commute time of 45 minutes or longer.
WURTSBORO Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 10.1% |
Construction | 8.4% |
Educational Services | 9.3% |
Health Care & Social Assistance | 14.6% |
Professional & Scientific Tech Services | 5.8% |
Retail & Wholesale Trader | 24.0% |
Other | 27.8% |
AGE DISTRIBUTION
59% of the population is between the ages of 25 and 64, 25% is 24 or younger and 17% is 65 or older.
Age | % Distribution |
---|---|
<15 | 15.6% |
15-19 | 4.2% |
20-24 | 4.8% |
25-44 | 24.3% |
45-65 | 34.3% |
66+ | 16.8% |
OCCUPATION
Occupation | % Distribution |
---|---|
Clean | 7.4% |
Healthcare | 11.0% |
Management, Business, & Financial | 10.9% |
Natural Resources Maintenance | 8.7% |
Production & Transportation | 11.8% |
Sales & Office | 34.8% |
Other | 15.3% |
HIGHEST EDUCATION LEVEL
19% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 10.1% |
High School | 35.7% |
Masters Degree | 6.1% |
Some College | 20.6% |
Some High School | 11.1% |
Other | 16.4% |
55 Adams Rd Comps
55 Adams Rd, Wurtsboro, NY 12790 is a single family home of 2,184 sqft. HomeUnion INVESTimateĀ® for 55 Adams Rd includes a Price Estimate of $236,343 and a Rent Estimate of $1,762. This single family home has 3 bedrooms,2 bathrooms, and was built in 1987. This property has an estimated 15 year annualized Yield of 8.95% and Total Return of 1.62%. The estimated 1 year forecast in home value for 55 Adams Rd is -1.08%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NY , SULLIVAN County , or the 12790 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2