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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

62 Military Rd Northville, NY 12134

6 Beds 1 Baths 2,000 sqft Built 1987
Last updated:  Jan 23, 2020

INVESTimate

$70,383

$66.2K - $74.6K

Price Est.

$1,782

$1.1K - $2.5K

Rent Est.

$72,769  ( +3.39%)   1 YR EST. FORECAST
  
  
  

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62 Military Rd PROPERTY INFO

FACTS
  • Built In 1987
  • Price/Sqft : $35.19
CONSTRUCTION
  • Beds : 6
  • Floor Size : 2,000 sqft
  • Baths : 1 Full

62 Military Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
EDINBURG COMMON SCHOOL Primary Regular 70 10 NA
EDINBURG COMMON SCHOOL Middle Regular 70 10 NA

EDINBURG COMMON SCHOOL

  • Education Level: Primary
  • # of students: 70
  • # of teachers: 10
0
GreatSchools Rating

EDINBURG COMMON SCHOOL

  • Education Level: Middle
  • # of students: 70
  • # of teachers: 10
0
GreatSchools Rating
 

Financial Details

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Neighborhood

NORTHVILLE

  • 3,966

    POPULATION
  • 1,405

    HOUSEHOLDS
  • 53.7%

    WHITE COLLAR

Neighborhood : NORTHVILLE

HOUSEHOLDS
1,405
POPULATION

3,966

21.8%Renters
78.2%Home Owners
LABOR FORCE

 

53.7%White Collar
46.3%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 35% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,782 per month.

MY RENT : $1,782 MEDIAN RENT : $1,363

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.5%
$900-999 3.8%
$1,000-1,499 61.1%
>=$1,500 34.7%
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 $1,782 would therefore be considered affordable for annual household incomes greater than $71,280 (12 months x 3.333 x $1,782).

Rent % Affordability
Above $500 85.1%
Above $700 77.6%
Above $1,100 61.1%
Above $1,500 44.6%
Above $1,900 32.3%
HOUSEHOLD INCOME RANGE

Approximately 390 of households in this neighborhood have a total annual income of $71,280 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,782 per month.

MINIMUM INCOME RANGE : $71,280

Income % Distribution
<$20K 14.9%
$20K-$35K 16.3%
$35K-$60K 24.2%
$60K-$100K 23.7%
>=$100K 20.9%
COMMUTE TIME DISTRIBUTION

46% of the working population has a commute time of 15 to 44 minutes, 27% has a commute time of 14 minutes or less and 27% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 7.5%
5-9 mins 14.5%
10-14 mins 4.8%
15-19 mins 5.9%
20-29 mins 10.8%
30-44 mins 29.0%
45-59 mins 10.0%
>60 mins 17.5%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 35% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,782 per month.

MY RENT : $1,782 MEDIAN RENT : $1,363

Rent % Distribution
$500-699 0.0%
$700-899 0.5%
$900-999 3.8%
$1,000-1,499 61.1%
>=$1,500 34.7%
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 $1,782 would therefore be considered affordable for annual household incomes greater than $71,280 (12 months x 3.333 x $1,782).

Rent % Affordability
Above $500 85.1%
Above $700 77.6%
Above $1,100 61.1%
Above $1,500 44.6%
Above $1,900 32.3%
HOUSEHOLD INCOME RANGE

Approximately 390 of households in this neighborhood have a total annual income of $71,280 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,782 per month.

MINIMUM INCOME RANGE : $71,280

Income % Distribution
<$20K 14.9%
$20K-$35K 16.3%
$35K-$60K 24.2%
$60K-$100K 23.7%
>=$100K 20.9%
COMMUTE TIME DISTRIBUTION

46% of the working population has a commute time of 15 to 44 minutes, 27% has a commute time of 14 minutes or less and 27% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 7.5%
5-9 mins 14.5%
10-14 mins 4.8%
15-19 mins 5.9%
20-29 mins 10.8%
30-44 mins 29.0%
45-59 mins 10.0%
>60 mins 17.5%

NORTHVILLE Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 11.3%
Construction 11.9%
Educational Services 9.4%
Health Care & Social Assistance 17.2%
Manufacturing 6.3%
Retail & Wholesale Trader 17.6%
Other 26.4%
AGE DISTRIBUTION

50% of the population is between the ages of 25 and 64, 30% is 24 or younger and 20% is 65 or older.

Age % Distribution
<15 16.1%
15-19 7.2%
20-24 7.1%
25-44 23.0%
45-65 26.9%
66+ 19.7%
OCCUPATION

Occupation % Distribution
Clean 8.7%
Healthcare 11.9%
Management, Business, & Financial 10.9%
Natural Resources Maintenance 17.4%
Production & Transportation 9.4%
Sales & Office 24.2%
Other 17.6%
HIGHEST EDUCATION LEVEL

27% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 16.3%
High School 35.3%
Masters Degree 9.9%
Some College 20.2%
Some High School 7.4%
Other 10.9%

62 Military Rd Comps

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62 Military Rd, Northville, NY 12134 is a single family home of 2,000 sqft. HomeUnion INVESTimateĀ® for 62 Military Rd includes a Price Estimate of $70,383 and a Rent Estimate of $1,782. This single family home has 6 bedrooms,1 bathrooms, and was built in 1987. This property has an estimated 15 year annualized Yield of 30.38% and Total Return of 57.43%. The estimated 1 year forecast in home value for 62 Military Rd is 3.39%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NY , SARATOGA County , or the 12134 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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