INVESTimate
$64,654
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6275 Fearon Rd PROPERTY INFO
FACTS
- Built In 1994
- Price/Sqft : $99.84
CONSTRUCTION
- Beds : 3
- Floor Size : 2,009 sqft
- Baths : 2 Full
6275 Fearon Rd SCHOOLS
Financial Details
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BOUCKVILLE
Neighborhood : BOUCKVILLE
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 51% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,926 per month.
MY RENT : $1,926 MEDIAN RENT : $1,504
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 $1,926 would therefore be considered affordable for annual household incomes greater than $77,040 (12 months x 3.333 x $1,926).
HOUSEHOLD INCOME RANGE
Approximately 51 of households in this neighborhood have a total annual income of $77,040 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,926 per month.
MINIMUM INCOME RANGE : $77,040
COMMUTE TIME DISTRIBUTION
49% of the working population has a commute time of 15 to 44 minutes, 44% has a commute time of 14 minutes or less and 8% has a commute time of 45 minutes or longer.
BOUCKVILLE Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Agriculture, Fishing & Game | 8.9% |
Arts & Entertainment | 8.2% |
Educational Services | 15.2% |
Health Care & Social Assistance | 13.8% |
Manufacturing | 14.9% |
Retail & Wholesale Trader | 8.9% |
Other | 30.1% |
AGE DISTRIBUTION
44% of the population is between the ages of 25 and 64, 35% is 24 or younger and 21% is 65 or older.
Age | % Distribution |
---|---|
<15 | 12.1% |
15-19 | 10.6% |
20-24 | 11.8% |
25-44 | 17.4% |
45-65 | 26.8% |
66+ | 21.3% |
OCCUPATION
Occupation | % Distribution |
---|---|
Computer Engineering | 4.8% |
Healthcare | 16.1% |
Management, Business, & Financial | 17.7% |
Natural Resources Maintenance | 16.1% |
Production & Transportation | 24.2% |
Sales & Office | 10.8% |
Other | 10.2% |
HIGHEST EDUCATION LEVEL
18% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 11.6% |
High School | 40.5% |
Masters Degree | 5.6% |
Some College | 13.4% |
Some High School | 16.8% |
Other | 12.0% |
6275 Fearon Rd Comps
6275 Fearon Rd, Bouckville, NY 13310 is a single family home of 2,009 sqft. HomeUnion INVESTimateĀ® for 6275 Fearon Rd includes a Price Estimate of $200,583 and a Rent Estimate of $1,926. This single family home has 3 bedrooms,2 bathrooms, and was built in 1994. This property has an estimated 15 year annualized Yield of 11.52% and Total Return of 22.23%. The estimated 1 year forecast in home value for 6275 Fearon Rd is 2.47%.
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