INVESTimate
$266,099
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58 South Rd PROPERTY INFO
FACTS
- Built In 1976
- Price/Sqft : $427.57
CONSTRUCTION
- Beds : 3
- Floor Size : 2,247 sqft
- Baths : 3 Full
58 South Rd SCHOOLS
Financial Details
See Financial Details
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NORTH HAMPTON
Neighborhood : NORTH HAMPTON
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 98% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,384 per month.
MY RENT : $2,384 MEDIAN RENT : $2,551
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 $2,384 would therefore be considered affordable for annual household incomes greater than $95,360 (12 months x 3.333 x $2,384).
HOUSEHOLD INCOME RANGE
Approximately 951 of households in this neighborhood have a total annual income of $95,360 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,384 per month.
MINIMUM INCOME RANGE : $95,360
COMMUTE TIME DISTRIBUTION
50% of the working population has a commute time of 15 to 44 minutes, 29% has a commute time of 14 minutes or less and 20% has a commute time of 45 minutes or longer.
NORTH HAMPTON Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 9.8% |
Educational Services | 7.2% |
Health Care & Social Assistance | 13.4% |
Manufacturing | 9.6% |
Professional & Scientific Tech Services | 10.5% |
Retail & Wholesale Trader | 17.7% |
Other | 31.8% |
AGE DISTRIBUTION
56% of the population is between the ages of 25 and 64, 24% is 24 or younger and 21% is 65 or older.
Age | % Distribution |
---|---|
<15 | 14.5% |
15-19 | 5.6% |
20-24 | 3.4% |
25-44 | 19.8% |
45-65 | 35.8% |
66+ | 20.8% |
OCCUPATION
Occupation | % Distribution |
---|---|
Computer Engineering | 5.1% |
Healthcare | 5.3% |
Management, Business, & Financial | 31.3% |
Natural Resources Maintenance | 5.5% |
Production & Transportation | 11.8% |
Sales & Office | 25.8% |
Other | 15.2% |
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 | 7.0% |
High School | 18.4% |
Masters Degree | 16.2% |
Professional | 4.0% |
Some College | 20.0% |
Other | 34.5% |
58 South Rd Comps
58 South Rd, North Hampton, NH 03862 is a single family home of 2,247 sqft. HomeUnion INVESTimateĀ® for 58 South Rd includes a Price Estimate of $960,750 and a Rent Estimate of $2,384. This single family home has 3 bedrooms,3 bathrooms, and was built in 1976. This property has an estimated 15 year annualized Yield of 2.98% and Total Return of 9.79%. The estimated 1 year forecast in home value for 58 South Rd is 5.07%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NH , ROCKINGHAM County , or the 03862 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2