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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

55 Flax Hill Rd A Brookfield, CT 06804

4 Beds 4 Baths 3,208 sqft Built 1998
Last updated:  Jan 23, 2020

INVESTimate

$545,653

$514K - $578K

Price Est.

$3,573

$3.3K - $3.8K

Rent Est.

$541,015  ( -0.85%)   1 YR EST. FORECAST
  
  
  

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55 Flax Hill Rd A PROPERTY INFO

FACTS
  • Built In 1998
  • Price/Sqft : $170.09
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,208 sqft
  • Baths : 3 Full 1 Half

55 Flax Hill Rd A SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
WHISCONIER MIDDLE SCHOOL Primary Regular 871 63 8
WHISCONIER MIDDLE SCHOOL Middle Regular 871 63 8
BROOKFIELD HIGH SCHOOL High Regular 966 66 NA

WHISCONIER MIDDLE SCHOOL

  • Education Level: Primary
  • # of students: 871
  • # of teachers: 63
8
GreatSchools Rating

WHISCONIER MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 871
  • # of teachers: 63
8
GreatSchools Rating

BROOKFIELD HIGH SCHOOL

  • Education Level: High
  • # of students: 966
  • # of teachers: 66
0
GreatSchools Rating
 

Financial Details

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Neighborhood

BROOKFIELD

  • 17,040

    POPULATION
  • 6,116

    HOUSEHOLDS
  • 78.2%

    WHITE COLLAR

Neighborhood : BROOKFIELD

HOUSEHOLDS
6,116
POPULATION

17,040

17.7%Renters
82.3%Home Owners
LABOR FORCE

 

78.2%White Collar
21.9%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 97% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $3,573 per month.

MY RENT : $3,573 MEDIAN RENT : $2,335

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 3.0%
>=$1,500 97.0%
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 $3,573 would therefore be considered affordable for annual household incomes greater than $142,920 (12 months x 3.333 x $3,573).

Rent % Affordability
Above $500 90.8%
Above $700 88.3%
Above $1,100 80.9%
Above $1,500 73.7%
Above $1,900 67.4%
HOUSEHOLD INCOME RANGE

Approximately 1,463 of households in this neighborhood have a total annual income of $142,920 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $3,573 per month.

MINIMUM INCOME RANGE : $142,920

Income % Distribution
<$20K 9.2%
$20K-$35K 6.3%
$35K-$60K 10.8%
$60K-$100K 17.9%
>=$100K 55.8%
COMMUTE TIME DISTRIBUTION

41% of the working population has a commute time of 15 to 44 minutes, 28% has a commute time of 14 minutes or less and 31% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.1%
5-9 mins 10.9%
10-14 mins 14.8%
15-19 mins 14.5%
20-29 mins 16.6%
30-44 mins 10.3%
45-59 mins 10.5%
>60 mins 20.3%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 97% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $3,573 per month.

MY RENT : $3,573 MEDIAN RENT : $2,335

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 3.0%
>=$1,500 97.0%
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 $3,573 would therefore be considered affordable for annual household incomes greater than $142,920 (12 months x 3.333 x $3,573).

Rent % Affordability
Above $500 90.8%
Above $700 88.3%
Above $1,100 80.9%
Above $1,500 73.7%
Above $1,900 67.4%
HOUSEHOLD INCOME RANGE

Approximately 1,463 of households in this neighborhood have a total annual income of $142,920 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $3,573 per month.

MINIMUM INCOME RANGE : $142,920

Income % Distribution
<$20K 9.2%
$20K-$35K 6.3%
$35K-$60K 10.8%
$60K-$100K 17.9%
>=$100K 55.8%
COMMUTE TIME DISTRIBUTION

41% of the working population has a commute time of 15 to 44 minutes, 28% has a commute time of 14 minutes or less and 31% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.1%
5-9 mins 10.9%
10-14 mins 14.8%
15-19 mins 14.5%
20-29 mins 16.6%
30-44 mins 10.3%
45-59 mins 10.5%
>60 mins 20.3%

BROOKFIELD Demographics

INDUSTRY

Industry % Distribution
Educational Services 8.4%
Financial Industries 9.0%
Health Care & Social Assistance 14.0%
Manufacturing 10.5%
Professional & Scientific Tech Services 12.9%
Retail & Wholesale Trader 15.4%
Other 29.8%
AGE DISTRIBUTION

52% of the population is between the ages of 25 and 64, 32% is 24 or younger and 17% is 65 or older.

Age % Distribution
<15 19.7%
15-19 6.7%
20-24 5.2%
25-44 19.8%
45-65 32.1%
66+ 16.5%
OCCUPATION

Occupation % Distribution
Computer Engineering 10.9%
Construction 4.5%
Healthcare 9.6%
Management, Business, & Financial 25.7%
Natural Resources Maintenance 7.4%
Sales & Office 25.3%
Other 16.6%
HIGHEST EDUCATION LEVEL

28% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 9.4%
High School 19.4%
Masters Degree 14.1%
Some College 15.7%
Some High School 4.6%
Other 36.8%

55 Flax Hill Rd A Comps

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55 Flax Hill Rd A, Brookfield, CT 06804 is a single family home of 3,208 sqft. HomeUnion INVESTimateĀ® for 55 Flax Hill Rd A includes a Price Estimate of $545,653 and a Rent Estimate of $3,573. This single family home has 4 bedrooms,4 bathrooms, and was built in 1998. This property has an estimated 15 year annualized Yield of 7.86% and Total Return of 6.70%. The estimated 1 year forecast in home value for 55 Flax Hill Rd A is -0.85%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in CT , FAIRFIELD County , or the 06804 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 06810
  2. 06811
  3. 06812
  4. 06776