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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

73 Main St Dresden, NY 14441

3 Beds 1 Baths 1,451 sqft Built 1900
Last updated:  Nov 28, 2019

INVESTimate

$114,799

$104K - $126K

Price Est.

$1,552

$1.2K - $1.9K

Rent Est.

$117,795  ( +2.61%)   1 YR EST. FORECAST
  
  
  

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73 Main St PROPERTY INFO

FACTS
  • Built In 1900
  • Price/Sqft : $79.12
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,451 sqft
  • Baths : 1 Full

73 Main St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
PENN YAN ELEMENTARY SCHOOL Primary Regular 626 56 5
PENN YAN MIDDLE SCHOOL Middle Regular 438 34 7
PENN YAN ACADEMY High Regular 575 50 8

PENN YAN ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 626
  • # of teachers: 56
5
GreatSchools Rating

PENN YAN MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 438
  • # of teachers: 34
7
GreatSchools Rating

PENN YAN ACADEMY

  • Education Level: High
  • # of students: 575
  • # of teachers: 50
8
GreatSchools Rating
 

Financial Details

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Neighborhood

DRESDEN

  • 453

    POPULATION
  • 160

    HOUSEHOLDS
  • 52.4%

    WHITE COLLAR

Neighborhood : DRESDEN

HOUSEHOLDS
160
POPULATION

453

9.7%Renters
90.3%Home Owners
LABOR FORCE

 

52.4%White Collar
47.6%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 72% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,552 per month.

MY RENT : $1,552 MEDIAN RENT : $1,689

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.5%
$1,000-1,499 27.7%
>=$1,500 71.8%
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 $1,552 would therefore be considered affordable for annual household incomes greater than $62,080 (12 months x 3.333 x $1,552).

Rent % Affordability
Above $500 94.3%
Above $700 82.3%
Above $1,100 65.3%
Above $1,500 48.4%
Above $1,900 38.2%
HOUSEHOLD INCOME RANGE

Approximately 49 of households in this neighborhood have a total annual income of $62,080 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,552 per month.

MINIMUM INCOME RANGE : $62,080

Income % Distribution
<$20K 5.7%
$20K-$35K 22.6%
$35K-$60K 23.3%
$60K-$100K 28.3%
>=$100K 20.1%
COMMUTE TIME DISTRIBUTION

46% of the working population has a commute time of 15 to 44 minutes, 41% has a commute time of 14 minutes or less and 13% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 5.4%
5-9 mins 8.0%
10-14 mins 27.7%
15-19 mins 11.6%
20-29 mins 15.2%
30-44 mins 19.2%
45-59 mins 8.0%
>60 mins 4.9%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 72% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,552 per month.

MY RENT : $1,552 MEDIAN RENT : $1,689

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.5%
$1,000-1,499 27.7%
>=$1,500 71.8%
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 $1,552 would therefore be considered affordable for annual household incomes greater than $62,080 (12 months x 3.333 x $1,552).

Rent % Affordability
Above $500 94.3%
Above $700 82.3%
Above $1,100 65.3%
Above $1,500 48.4%
Above $1,900 38.2%
HOUSEHOLD INCOME RANGE

Approximately 49 of households in this neighborhood have a total annual income of $62,080 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,552 per month.

MINIMUM INCOME RANGE : $62,080

Income % Distribution
<$20K 5.7%
$20K-$35K 22.6%
$35K-$60K 23.3%
$60K-$100K 28.3%
>=$100K 20.1%
COMMUTE TIME DISTRIBUTION

46% of the working population has a commute time of 15 to 44 minutes, 41% has a commute time of 14 minutes or less and 13% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 5.4%
5-9 mins 8.0%
10-14 mins 27.7%
15-19 mins 11.6%
20-29 mins 15.2%
30-44 mins 19.2%
45-59 mins 8.0%
>60 mins 4.9%

DRESDEN Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 6.3%
Construction 10.0%
Educational Services 16.3%
Health Care & Social Assistance 7.7%
Manufacturing 21.3%
Retail & Wholesale Trader 13.1%
Other 25.3%
AGE DISTRIBUTION

51% of the population is between the ages of 25 and 64, 36% is 24 or younger and 13% is 65 or older.

Age % Distribution
<15 19.0%
15-19 4.9%
20-24 12.6%
25-44 27.2%
45-65 23.8%
66+ 12.6%
OCCUPATION

Occupation % Distribution
Construction 5.1%
Healthcare 8.8%
Management, Business, & Financial 16.8%
Natural Resources Maintenance 18.2%
Production & Transportation 24.1%
Sales & Office 16.8%
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 8.7%
High School 31.4%
Masters Degree 8.3%
Some College 16.7%
Some High School 19.9%
Other 15.1%

73 Main St Comps

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73 Main St, Dresden, NY 14441 is a single family home of 1,451 sqft. HomeUnion INVESTimateĀ® for 73 Main St includes a Price Estimate of $114,799 and a Rent Estimate of $1,552. This single family home has 3 bedrooms,1 bathrooms, and was built in 1900. This property has an estimated 15 year annualized Yield of 16.22% and Total Return of 31.54%. The estimated 1 year forecast in home value for 73 Main St is 2.61%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NY , YATES County , or the 14441 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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Nearest zipcodes within 2 miles

  1. 14527
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