INVESTimate
$89,442
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58 Robbins Rd PROPERTY INFO
FACTS
- Built In 1975
- Price/Sqft : $283.90
CONSTRUCTION
- Beds : 0
- Floor Size : 1,036 sqft
- Baths : 0 Full
58 Robbins Rd SCHOOLS
Financial Details
See Financial Details
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OTISVILLE
Neighborhood : OTISVILLE
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 91% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,316 per month.
MY RENT : $1,316 MEDIAN RENT : $1,829
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 $1,316 would therefore be considered affordable for annual household incomes greater than $52,640 (12 months x 3.333 x $1,316).
HOUSEHOLD INCOME RANGE
Approximately 612 of households in this neighborhood have a total annual income of $52,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,316 per month.
MINIMUM INCOME RANGE : $52,640
COMMUTE TIME DISTRIBUTION
51% of the working population has a commute time of 15 to 44 minutes, 15% has a commute time of 14 minutes or less and 34% has a commute time of 45 minutes or longer.
OTISVILLE Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 7.4% |
Construction | 12.7% |
Educational Services | 16.8% |
Health Care & Social Assistance | 15.7% |
Public Administration | 7.1% |
Retail & Wholesale Trader | 11.6% |
Other | 28.6% |
AGE DISTRIBUTION
70% of the population is between the ages of 25 and 64, 20% is 24 or younger and 9% is 65 or older.
Age | % Distribution |
---|---|
<15 | 13.6% |
15-19 | 3.7% |
20-24 | 3.2% |
25-44 | 33.9% |
45-65 | 36.3% |
66+ | 9.4% |
OCCUPATION
Occupation | % Distribution |
---|---|
Healthcare | 6.0% |
Management, Business, & Financial | 13.0% |
Natural Resources Maintenance | 16.6% |
Production & Transportation | 12.4% |
Protect | 8.7% |
Sales & Office | 22.4% |
Other | 21.0% |
HIGHEST EDUCATION LEVEL
15% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 7.3% |
High School | 39.1% |
Masters Degree | 6.2% |
Some College | 26.3% |
Some High School | 10.0% |
Other | 11.0% |
58 Robbins Rd Comps
58 Robbins Rd, Otisville, NY 10963 is a single family home of 1,036 sqft. HomeUnion INVESTimateĀ® for 58 Robbins Rd includes a Price Estimate of $294,122 and a Rent Estimate of $1,316. This single family home has 0 bedrooms,0 bathrooms, and was built in 1975. This property has an estimated 15 year annualized Yield of 5.37% and Total Return of 11.07%. The estimated 1 year forecast in home value for 58 Robbins Rd is 5.7%.
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