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

70 Lake Road East Frk Hamlin, NY 14464

2 Beds 1 Baths 1,112 sqft Built 1963
Last updated:  Jan 23, 2020

INVESTimate

$215,211

$204K - $227K

Price Est.

$1,511

$1.3K - $1.7K

Rent Est.

$221,904  ( +3.11%)   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
    • $10,795 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $160,000
    • $53,900
    • $2,000
  • 4211 Brookhead Trail Houston, TX
    • 3 beds 2 baths ∙ 1,713 Sqft ∙ Built 1980 ∙ 1units 3 beds 2 baths ∙ 1,713 Sqft ∙ Built 1980 ∙ 1units
    AVAILABLE
    • 14.02% GROSS YIELD
    • $7,950 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $119,000
    • $37,285
    • $1,390
  • 533 NARROW BROOK DRIVE Indianapolis, IN
    • 4 beds 3 baths ∙ 1,602 Sqft ∙ Built 2007 ∙ 1units 4 beds 3 baths ∙ 1,602 Sqft ∙ Built 2007 ∙ 1units
    AVAILABLE
    • 13.93% GROSS YIELD
    • $8,115 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $102,500
    • $32,912
    • $1,190

70 Lake Road East Frk PROPERTY INFO

FACTS
  • Built In 1963
  • Price/Sqft : $193.54
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,112 sqft
  • Baths : 1 Full

70 Lake Road East Frk SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
HILTON HIGH SCHOOL High Regular 1,430 104 8

HILTON HIGH SCHOOL

  • Education Level: High
  • # of students: 1,430
  • # of teachers: 104
8
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

HAMLIN

  • 7,610

    POPULATION
  • 2,796

    HOUSEHOLDS
  • 57.4%

    WHITE COLLAR

Neighborhood : HAMLIN

HOUSEHOLDS
2,796
POPULATION

7,610

13.4%Renters
86.6%Home Owners
LABOR FORCE

 

57.4%White Collar
42.6%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 84% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,511 per month.

MY RENT : $1,511 MEDIAN RENT : $1,686

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.3%
$1,000-1,499 15.4%
>=$1,500 84.3%
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 $1,511 would therefore be considered affordable for annual household incomes greater than $60,440 (12 months x 3.333 x $1,511).

Rent % Affordability
Above $500 88.7%
Above $700 78.6%
Above $1,100 60.8%
Above $1,500 48.1%
Above $1,900 36.9%
HOUSEHOLD INCOME RANGE

Approximately 954 of households in this neighborhood have a total annual income of $60,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,511 per month.

MINIMUM INCOME RANGE : $60,440

Income % Distribution
<$20K 11.3%
$20K-$35K 18.0%
$35K-$60K 22.5%
$60K-$100K 23.2%
>=$100K 25.0%
COMMUTE TIME DISTRIBUTION

68% of the working population has a commute time of 15 to 44 minutes, 17% has a commute time of 14 minutes or less and 15% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.6%
5-9 mins 3.9%
10-14 mins 10.3%
15-19 mins 9.3%
20-29 mins 21.9%
30-44 mins 37.0%
45-59 mins 9.6%
>60 mins 5.4%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 84% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,511 per month.

MY RENT : $1,511 MEDIAN RENT : $1,686

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.3%
$1,000-1,499 15.4%
>=$1,500 84.3%
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 $1,511 would therefore be considered affordable for annual household incomes greater than $60,440 (12 months x 3.333 x $1,511).

Rent % Affordability
Above $500 88.7%
Above $700 78.6%
Above $1,100 60.8%
Above $1,500 48.1%
Above $1,900 36.9%
HOUSEHOLD INCOME RANGE

Approximately 954 of households in this neighborhood have a total annual income of $60,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,511 per month.

MINIMUM INCOME RANGE : $60,440

Income % Distribution
<$20K 11.3%
$20K-$35K 18.0%
$35K-$60K 22.5%
$60K-$100K 23.2%
>=$100K 25.0%
COMMUTE TIME DISTRIBUTION

68% of the working population has a commute time of 15 to 44 minutes, 17% has a commute time of 14 minutes or less and 15% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.6%
5-9 mins 3.9%
10-14 mins 10.3%
15-19 mins 9.3%
20-29 mins 21.9%
30-44 mins 37.0%
45-59 mins 9.6%
>60 mins 5.4%

HAMLIN Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 8.0%
Educational Services 10.7%
Health Care & Social Assistance 17.1%
Manufacturing 13.7%
Professional & Scientific Tech Services 4.8%
Retail & Wholesale Trader 20.9%
Other 24.8%
AGE DISTRIBUTION

54% of the population is between the ages of 25 and 64, 33% is 24 or younger and 13% is 65 or older.

Age % Distribution
<15 17.3%
15-19 7.1%
20-24 8.5%
25-44 23.2%
45-65 30.7%
66+ 13.2%
OCCUPATION

Occupation % Distribution
Construction 5.9%
Healthcare 7.7%
Management, Business, & Financial 14.9%
Natural Resources Maintenance 7.4%
Production & Transportation 17.1%
Sales & Office 28.0%
Other 19.0%
HIGHEST EDUCATION LEVEL

21% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 13.0%
High School 32.6%
Masters Degree 7.6%
Some College 22.6%
Some High School 7.4%
Other 16.8%

70 Lake Road East Frk Comps

Sorry, we do not have sufficient data available.

70 Lake Road East Frk, Hamlin, NY 14464 is a single family home of 1,112 sqft. HomeUnion INVESTimateĀ® for 70 Lake Road East Frk includes a Price Estimate of $215,211 and a Rent Estimate of $1,511. This single family home has 2 bedrooms,1 bathrooms, and was built in 1963. This property has an estimated 15 year annualized Yield of 8.43% and Total Return of 11.53%. The estimated 1 year forecast in home value for 70 Lake Road East Frk is 3.11%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NY , MONROE County , or the 14464 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 14468