Sell Your Property on INVESTimate

Easily ACcess a network of motivated buyers
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

...MORE

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

590 Route 9w Glenmont, NY 12077

3 Beds 2 Baths 2,250 sqft Built 1939
Last updated:  Nov 28, 2019

INVESTimate

$242,907

$229K - $257K

Price Est.

$3,018

$2.7K - $3.3K

Rent Est.

$249,295  ( +2.63%)   1 YR EST. FORECAST
  
  
  

The following properties with Estimated Highest Gross Yields are available in other markets.

  • 27440 N ALMA SCHOOL Parkway #33-2 Scottsdale, AZ
    • 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005
    AVAILABLE
    • 15.68% GROSS YIELD
    • $13,349 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $225,000
    • $65,375
    • $2,940
  • 1206 WALES DRIVE Killeen, TX
    • 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units
    AVAILABLE
    • 15.00% GROSS YIELD
    • $10,563 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $160,000
    • $53,900
    • $2,000
  • 3349 JAPONICA RD N JACKSONVILLE, FL
    • 4 beds 2 baths ∙ 1,872 Sqft ∙ Built 1955 4 beds 2 baths ∙ 1,872 Sqft ∙ Built 1955
    AVAILABLE
    • 14.68% GROSS YIELD
    • $6,334 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $85,000
    • $28,275
    • $1,040
  • 1924 Upland Drive Houston, TX
    • 3 beds 2 baths ∙ 2,652 Sqft ∙ Built 1980 ∙ 2units 3 beds 2 baths ∙ 2,652 Sqft ∙ Built 1980 ∙ 2units
    AVAILABLE
    • 14.40% GROSS YIELD
    • $12,143 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $200,000
    • $64,500
    • $2,400

590 Route 9w PROPERTY INFO

FACTS
  • Built In 1939
  • Price/Sqft : $107.96
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,250 sqft
  • Baths : 2 Full

590 Route 9w SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
BETHLEHEM CENTRAL SENIOR HIGH SCHOOL High Regular 1,671 110 9

BETHLEHEM CENTRAL SENIOR HIGH SCHOOL

  • Education Level: High
  • # of students: 1,671
  • # of teachers: 110
9
GreatSchools Rating
 

Financial Details

See Financial Details

To review the detailed projections for this property, sign up for a FREE account

Already have an account?
Neighborhood

GLENMONT

  • 6,372

    POPULATION
  • 2,441

    HOUSEHOLDS
  • 85.9%

    WHITE COLLAR

Neighborhood : GLENMONT

HOUSEHOLDS
2,441
POPULATION

6,372

21.1%Renters
78.9%Home Owners
LABOR FORCE

 

85.9%White Collar
14.1%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 99% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $3,018 per month.

MY RENT : $3,018 MEDIAN RENT : $2,786

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.8%
>=$1,500 99.2%
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 $3,018 would therefore be considered affordable for annual household incomes greater than $120,720 (12 months x 3.333 x $3,018).

Rent % Affordability
Above $500 95.2%
Above $700 90.9%
Above $1,100 82.8%
Above $1,500 77.6%
Above $1,900 67.7%
HOUSEHOLD INCOME RANGE

Approximately 646 of households in this neighborhood have a total annual income of $120,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $3,018 per month.

MINIMUM INCOME RANGE : $120,720

Income % Distribution
<$20K 4.8%
$20K-$35K 8.5%
$35K-$60K 9.1%
$60K-$100K 26.4%
>=$100K 51.2%
COMMUTE TIME DISTRIBUTION

71% of the working population has a commute time of 15 to 44 minutes, 23% has a commute time of 14 minutes or less and 7% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.6%
5-9 mins 8.9%
10-14 mins 13.1%
15-19 mins 24.1%
20-29 mins 28.7%
30-44 mins 17.8%
45-59 mins 4.2%
>60 mins 2.7%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 99% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $3,018 per month.

MY RENT : $3,018 MEDIAN RENT : $2,786

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.8%
>=$1,500 99.2%
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 $3,018 would therefore be considered affordable for annual household incomes greater than $120,720 (12 months x 3.333 x $3,018).

Rent % Affordability
Above $500 95.2%
Above $700 90.9%
Above $1,100 82.8%
Above $1,500 77.6%
Above $1,900 67.7%
HOUSEHOLD INCOME RANGE

Approximately 646 of households in this neighborhood have a total annual income of $120,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $3,018 per month.

MINIMUM INCOME RANGE : $120,720

Income % Distribution
<$20K 4.8%
$20K-$35K 8.5%
$35K-$60K 9.1%
$60K-$100K 26.4%
>=$100K 51.2%
COMMUTE TIME DISTRIBUTION

71% of the working population has a commute time of 15 to 44 minutes, 23% has a commute time of 14 minutes or less and 7% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.6%
5-9 mins 8.9%
10-14 mins 13.1%
15-19 mins 24.1%
20-29 mins 28.7%
30-44 mins 17.8%
45-59 mins 4.2%
>60 mins 2.7%

GLENMONT Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 7.7%
Educational Services 16.4%
Health Care & Social Assistance 14.3%
Manufacturing 7.3%
Public Administration 15.2%
Retail & Wholesale Trader 13.4%
Other 25.8%
AGE DISTRIBUTION

52% of the population is between the ages of 25 and 64, 34% is 24 or younger and 14% is 65 or older.

Age % Distribution
<15 20.6%
15-19 7.2%
20-24 6.4%
25-44 21.0%
45-65 31.1%
66+ 13.8%
OCCUPATION

Occupation % Distribution
Computer Engineering 16.8%
Construction 7.6%
Healthcare 8.4%
Management, Business, & Financial 23.8%
Natural Resources Maintenance 5.2%
Sales & Office 19.3%
Other 18.9%
HIGHEST EDUCATION LEVEL

46% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 10.6%
High School 17.0%
Masters Degree 21.9%
Professional 7.5%
Some College 13.3%
Other 29.7%

590 Route 9w Comps

Sorry, we do not have sufficient data available.

590 Route 9w, Glenmont, NY 12077 is a single family home of 2,250 sqft. HomeUnion INVESTimateĀ® for 590 Route 9w includes a Price Estimate of $242,907 and a Rent Estimate of $3,018. This single family home has 3 bedrooms,2 bathrooms, and was built in 1939. This property has an estimated 15 year annualized Yield of 14.91% and Total Return of 35.26%. The estimated 1 year forecast in home value for 590 Route 9w is 2.63%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NY , ALBANY County , or the 12077 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 12206
  2. 12158
  3. 12054