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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

722 Cannon Corners Rd Mooers Forks, NY 12959

4 Beds 3 Baths 2,240 sqft Built 2006
Last updated:  Nov 28, 2019

INVESTimate

$224,827

$204K - $246K

Price Est.

$2,610

$1.6K - $3.7K

Rent Est.

$226,581  ( +0.78%)   1 YR EST. FORECAST
  
  
  

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722 Cannon Corners Rd PROPERTY INFO

FACTS
  • Built In 2006
  • Price/Sqft : $100.37
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,240 sqft
  • Baths : 2 Full 1 Half

722 Cannon Corners Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
NORTHEASTERN CLINTON SENIOR HIGH SCHOOL High Regular 467 36 6

NORTHEASTERN CLINTON SENIOR HIGH SCHOOL

  • Education Level: High
  • # of students: 467
  • # of teachers: 36
6
GreatSchools Rating
 

Financial Details

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Neighborhood

MOOERS FORKS

  • 1,144

    POPULATION
  • 588

    HOUSEHOLDS
  • 34.0%

    WHITE COLLAR

Neighborhood : MOOERS FORKS

HOUSEHOLDS
588
POPULATION

1,144

9.4%Renters
90.6%Home Owners
LABOR FORCE

 

34.0%White Collar
66.0%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 73% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,610 per month.

MY RENT : $2,610 MEDIAN RENT : $1,667

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 26.9%
>=$1,500 73.1%
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 $2,610 would therefore be considered affordable for annual household incomes greater than $104,400 (12 months x 3.333 x $2,610).

Rent % Affordability
Above $500 74.6%
Above $700 63.0%
Above $1,100 44.5%
Above $1,500 28.3%
Above $1,900 18.2%
HOUSEHOLD INCOME RANGE

Approximately 50 of households in this neighborhood have a total annual income of $104,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,610 per month.

MINIMUM INCOME RANGE : $104,400

Income % Distribution
<$20K 25.4%
$20K-$35K 18.9%
$35K-$60K 27.4%
$60K-$100K 13.6%
>=$100K 14.7%
COMMUTE TIME DISTRIBUTION

70% of the working population has a commute time of 15 to 44 minutes, 18% has a commute time of 14 minutes or less and 12% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 13.3%
5-9 mins 1.1%
10-14 mins 3.4%
15-19 mins 12.0%
20-29 mins 32.6%
30-44 mins 25.1%
45-59 mins 8.2%
>60 mins 4.3%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 73% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,610 per month.

MY RENT : $2,610 MEDIAN RENT : $1,667

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 26.9%
>=$1,500 73.1%
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 $2,610 would therefore be considered affordable for annual household incomes greater than $104,400 (12 months x 3.333 x $2,610).

Rent % Affordability
Above $500 74.6%
Above $700 63.0%
Above $1,100 44.5%
Above $1,500 28.3%
Above $1,900 18.2%
HOUSEHOLD INCOME RANGE

Approximately 50 of households in this neighborhood have a total annual income of $104,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,610 per month.

MINIMUM INCOME RANGE : $104,400

Income % Distribution
<$20K 25.4%
$20K-$35K 18.9%
$35K-$60K 27.4%
$60K-$100K 13.6%
>=$100K 14.7%
COMMUTE TIME DISTRIBUTION

70% of the working population has a commute time of 15 to 44 minutes, 18% has a commute time of 14 minutes or less and 12% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 13.3%
5-9 mins 1.1%
10-14 mins 3.4%
15-19 mins 12.0%
20-29 mins 32.6%
30-44 mins 25.1%
45-59 mins 8.2%
>60 mins 4.3%

MOOERS FORKS Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 11.9%
Arts & Entertainment 16.5%
Health Care & Social Assistance 7.0%
Manufacturing 17.3%
Public Administration 9.1%
Transportation 11.9%
Other 26.3%
AGE DISTRIBUTION

60% of the population is between the ages of 25 and 64, 20% is 24 or younger and 20% is 65 or older.

Age % Distribution
<15 14.5%
15-19 3.3%
20-24 2.1%
25-44 19.8%
45-65 40.6%
66+ 19.7%
OCCUPATION

Occupation % Distribution
Education 6.6%
Natural Resources Maintenance 12.9%
PCare 12.9%
Production & Transportation 19.4%
Protect 7.6%
Sales & Office 22.2%
Other 18.4%
HIGHEST EDUCATION LEVEL

14% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 10.0%
High School 52.4%
Masters Degree 3.6%
Some College 9.2%
Some High School 15.9%
Other 9.0%

722 Cannon Corners Rd Comps

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722 Cannon Corners Rd, Mooers Forks, NY 12959 is a single family home of 2,240 sqft. HomeUnion INVESTimateĀ® for 722 Cannon Corners Rd includes a Price Estimate of $224,827 and a Rent Estimate of $2,610. This single family home has 4 bedrooms,3 bathrooms, and was built in 2006. This property has an estimated 15 year annualized Yield of 13.93% and Total Return of 27.15%. The estimated 1 year forecast in home value for 722 Cannon Corners Rd is 0.78%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NY , CLINTON County , or the 12959 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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Nearest zipcodes within 2 miles

  1. 12958
  2. 12935