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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

71 Highland Dr Philipstown, NY 10516

5 Beds 3 Baths 2,690 sqft Built 1920
Last updated:  Jan 23, 2020

INVESTimate

$280,940

$255K - $307K

Price Est.

$3,281

$2.9K - $3.6K

Rent Est.

$289,087  ( +2.9%)   1 YR EST. FORECAST
  
  
  

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71 Highland Dr PROPERTY INFO

FACTS
  • Built In 1920
  • Price/Sqft : $104.44
CONSTRUCTION
  • Beds : 5
  • Floor Size : 2,690 sqft
  • Baths : 3 Full

71 Highland Dr SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
VAN CORTLANDTVILLE ELEMENTARY SCHOOL Primary Regular 634 52 NA
LAKELAND COPPER BEECH MIDDLE SCHOOL Middle Regular 1,421 123 NA
WALTER PANAS HIGH SCHOOL High Regular 1,028 67 NA

VAN CORTLANDTVILLE ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 634
  • # of teachers: 52
-1
GreatSchools Rating

LAKELAND COPPER BEECH MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 1,421
  • # of teachers: 123
-1
GreatSchools Rating

WALTER PANAS HIGH SCHOOL

  • Education Level: High
  • # of students: 1,028
  • # of teachers: 67
-1
GreatSchools Rating
 

Financial Details

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Neighborhood

COLD SPRING

  • 5,427

    POPULATION
  • 2,139

    HOUSEHOLDS
  • 78.4%

    WHITE COLLAR

Neighborhood : COLD SPRING

HOUSEHOLDS
2,139
POPULATION

5,427

25.8%Renters
74.2%Home Owners
LABOR FORCE

 

78.4%White Collar
21.6%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 $3,281 per month.

MY RENT : $3,281 MEDIAN RENT : $2,813

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.7%
>=$1,500 99.3%
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 $3,281 would therefore be considered affordable for annual household incomes greater than $131,240 (12 months x 3.333 x $3,281).

Rent % Affordability
Above $500 92.6%
Above $700 88.2%
Above $1,100 78.4%
Above $1,500 69.1%
Above $1,900 60.7%
HOUSEHOLD INCOME RANGE

Approximately 514 of households in this neighborhood have a total annual income of $131,240 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $3,281 per month.

MINIMUM INCOME RANGE : $131,240

Income % Distribution
<$20K 7.4%
$20K-$35K 9.1%
$35K-$60K 14.4%
$60K-$100K 18.5%
>=$100K 50.6%
COMMUTE TIME DISTRIBUTION

32% of the working population has a commute time of 15 to 44 minutes, 22% has a commute time of 14 minutes or less and 46% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.9%
5-9 mins 7.3%
10-14 mins 12.3%
15-19 mins 6.1%
20-29 mins 9.9%
30-44 mins 15.8%
45-59 mins 9.3%
>60 mins 36.4%
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 $3,281 per month.

MY RENT : $3,281 MEDIAN RENT : $2,813

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.7%
>=$1,500 99.3%
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 $3,281 would therefore be considered affordable for annual household incomes greater than $131,240 (12 months x 3.333 x $3,281).

Rent % Affordability
Above $500 92.6%
Above $700 88.2%
Above $1,100 78.4%
Above $1,500 69.1%
Above $1,900 60.7%
HOUSEHOLD INCOME RANGE

Approximately 514 of households in this neighborhood have a total annual income of $131,240 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $3,281 per month.

MINIMUM INCOME RANGE : $131,240

Income % Distribution
<$20K 7.4%
$20K-$35K 9.1%
$35K-$60K 14.4%
$60K-$100K 18.5%
>=$100K 50.6%
COMMUTE TIME DISTRIBUTION

32% of the working population has a commute time of 15 to 44 minutes, 22% has a commute time of 14 minutes or less and 46% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.9%
5-9 mins 7.3%
10-14 mins 12.3%
15-19 mins 6.1%
20-29 mins 9.9%
30-44 mins 15.8%
45-59 mins 9.3%
>60 mins 36.4%

COLD SPRING Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 14.8%
Educational Services 13.1%
Health Care & Social Assistance 10.5%
Professional & Scientific Tech Services 13.0%
Public Administration 6.6%
Retail & Wholesale Trader 14.1%
Other 28.0%
AGE DISTRIBUTION

54% of the population is between the ages of 25 and 64, 27% is 24 or younger and 19% is 65 or older.

Age % Distribution
<15 17.9%
15-19 4.8%
20-24 4.0%
25-44 19.8%
45-65 34.6%
66+ 18.8%
OCCUPATION

Occupation % Distribution
Adesm 7.3%
Computer Engineering 7.5%
Construction 7.2%
Management, Business, & Financial 26.2%
Natural Resources Maintenance 4.5%
Sales & Office 23.3%
Other 23.9%
HIGHEST EDUCATION LEVEL

32% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 9.2%
High School 17.8%
Masters Degree 16.0%
Professional 4.1%
Some College 17.3%
Other 35.6%

71 Highland Dr Comps

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71 Highland Dr, Philipstown, NY 10516 is a single family home of 2,690 sqft. HomeUnion INVESTimateĀ® for 71 Highland Dr includes a Price Estimate of $280,940 and a Rent Estimate of $3,281. This single family home has 5 bedrooms,3 bathrooms, and was built in 1920. This property has an estimated 15 year annualized Yield of 14.01% and Total Return of 29.84%. The estimated 1 year forecast in home value for 71 Highland Dr is 2.9%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NY , PUTNAM County , or the 10516 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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