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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

7023 Bayview Sodus Point, NY 14555

3 Beds 1 Baths 826 sqft Built 1950
Last updated:  Jan 23, 2020

INVESTimate

$140,969

$119K - $163K

Price Est.

$1,285

985 - $1.6K

Rent Est.

$148,469  ( +5.32%)   1 YR EST. FORECAST
  
  
  

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7023 Bayview PROPERTY INFO

FACTS
  • Built In 1950
  • Price/Sqft : $170.66
CONSTRUCTION
  • Beds : 3
  • Floor Size : 826 sqft
  • Baths : 1 Full

7023 Bayview SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
NORTH ROSE-WOLCOTT ELEMENTARY SCHOOL Primary Regular 485 41 5
NORTH ROSE-WOLCOTT MIDDLE SCHOOL Middle Regular 408 33 5
NORTH ROSE-WOLCOTT HIGH SCHOOL High Regular 424 37 5

NORTH ROSE-WOLCOTT ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 485
  • # of teachers: 41
5
GreatSchools Rating

NORTH ROSE-WOLCOTT MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 408
  • # of teachers: 33
5
GreatSchools Rating

NORTH ROSE-WOLCOTT HIGH SCHOOL

  • Education Level: High
  • # of students: 424
  • # of teachers: 37
5
GreatSchools Rating
 

Financial Details

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Neighborhood

SODUS POINT

  • 1,004

    POPULATION
  • 473

    HOUSEHOLDS
  • 55.9%

    WHITE COLLAR

Neighborhood : SODUS POINT

HOUSEHOLDS
473
POPULATION

1,004

16.2%Renters
83.8%Home Owners
LABOR FORCE

 

55.9%White Collar
44.1%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 59% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,285 per month.

MY RENT : $1,285 MEDIAN RENT : $1,374

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 10.6%
$900-999 1.6%
$1,000-1,499 50.4%
>=$1,500 37.4%
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 $1,285 would therefore be considered affordable for annual household incomes greater than $51,400 (12 months x 3.333 x $1,285).

Rent % Affordability
Above $500 82.6%
Above $700 73.0%
Above $1,100 49.5%
Above $1,500 38.9%
Above $1,900 28.5%
HOUSEHOLD INCOME RANGE

Approximately 200 of households in this neighborhood have a total annual income of $51,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,285 per month.

MINIMUM INCOME RANGE : $51,400

Income % Distribution
<$20K 17.4%
$20K-$35K 21.0%
$35K-$60K 22.7%
$60K-$100K 17.4%
>=$100K 21.4%
COMMUTE TIME DISTRIBUTION

55% of the working population has a commute time of 15 to 44 minutes, 16% has a commute time of 14 minutes or less and 29% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.9%
5-9 mins 10.2%
10-14 mins 3.2%
15-19 mins 9.6%
20-29 mins 14.7%
30-44 mins 30.2%
45-59 mins 23.0%
>60 mins 6.1%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 59% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,285 per month.

MY RENT : $1,285 MEDIAN RENT : $1,374

Rent % Distribution
$500-699 0.0%
$700-899 10.6%
$900-999 1.6%
$1,000-1,499 50.4%
>=$1,500 37.4%
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 $1,285 would therefore be considered affordable for annual household incomes greater than $51,400 (12 months x 3.333 x $1,285).

Rent % Affordability
Above $500 82.6%
Above $700 73.0%
Above $1,100 49.5%
Above $1,500 38.9%
Above $1,900 28.5%
HOUSEHOLD INCOME RANGE

Approximately 200 of households in this neighborhood have a total annual income of $51,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,285 per month.

MINIMUM INCOME RANGE : $51,400

Income % Distribution
<$20K 17.4%
$20K-$35K 21.0%
$35K-$60K 22.7%
$60K-$100K 17.4%
>=$100K 21.4%
COMMUTE TIME DISTRIBUTION

55% of the working population has a commute time of 15 to 44 minutes, 16% has a commute time of 14 minutes or less and 29% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.9%
5-9 mins 10.2%
10-14 mins 3.2%
15-19 mins 9.6%
20-29 mins 14.7%
30-44 mins 30.2%
45-59 mins 23.0%
>60 mins 6.1%

SODUS POINT Demographics

INDUSTRY

Industry % Distribution
Administrative Support 5.6%
Educational Services 14.7%
Health Care & Social Assistance 9.8%
Manufacturing 13.4%
Retail & Wholesale Trader 25.7%
Transportation 9.8%
Other 21.0%
AGE DISTRIBUTION

44% of the population is between the ages of 25 and 64, 26% is 24 or younger and 30% is 65 or older.

Age % Distribution
<15 17.3%
15-19 5.1%
20-24 3.2%
25-44 17.9%
45-65 26.0%
66+ 30.5%
OCCUPATION

Occupation % Distribution
Construction 9.1%
Healthcare 8.3%
Management, Business, & Financial 13.0%
Natural Resources Maintenance 11.0%
Production & Transportation 20.9%
Sales & Office 18.5%
Other 19.3%
HIGHEST EDUCATION LEVEL

23% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 10.5%
High School 33.2%
Masters Degree 10.0%
Some College 26.8%
Some High School 4.3%
Other 15.3%

7023 Bayview Comps

Sorry, we do not have sufficient data available.

7023 Bayview, Sodus Point, NY 14555 is a single family home of 826 sqft. HomeUnion INVESTimateĀ® for 7023 Bayview includes a Price Estimate of $140,969 and a Rent Estimate of $1,285. This single family home has 3 bedrooms,1 bathrooms, and was built in 1950. This property has an estimated 15 year annualized Yield of 10.94% and Total Return of 22.10%. The estimated 1 year forecast in home value for 7023 Bayview is 5.32%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NY , WAYNE County , or the 14555 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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