INVESTimate
$27,742
76 Elm St PROPERTY INFO
FACTS
- Built In 1889
- Price/Sqft : $41.19
CONSTRUCTION
- Beds : 4
- Floor Size : 1,488 sqft
- Baths : 1 Full
PROPERTY DESCRIPTION
76 Elm St, Hoosick Falls, NY 12090 is a single family home of 1,488 sqft. HomeUnion estimate for 76 Elm St includes a Price Estimate of $61,292 and a Rent Estimate of $1,335. This single family home has 4 bedrooms, 1 bathrooms, and was built in 1889. This property has an estimated 15 year annualized Yield of 26.14% and Total Return of 3.02%. The estimated 1 year forecast in home value for 76 Elm St is -1.59%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
76 Elm St SCHOOLS
Financial Details
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HOOSICK FALLS
Neighborhood : HOOSICK FALLS
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 53% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,335 per month.
MY RENT : $1,335 MEDIAN RENT : $1,371
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 $1,335 would therefore be considered affordable for annual household incomes greater than $53,400 (12 months x 3.333 x $1,335).
HOUSEHOLD INCOME RANGE
Approximately 1,184 of households in this neighborhood have a total annual income of $53,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,335 per month.
MINIMUM INCOME RANGE : $53,400
COMMUTE TIME DISTRIBUTION
52% of the working population has a commute time of 15 to 44 minutes, 25% has a commute time of 14 minutes or less and 23% has a commute time of 45 minutes or longer.
HOOSICK FALLS Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 10.1% |
Educational Services | 6.0% |
Health Care & Social Assistance | 23.6% |
Manufacturing | 19.4% |
Public Administration | 5.9% |
Retail & Wholesale Trader | 8.6% |
Other | 26.4% |
AGE DISTRIBUTION
53% of the population is between the ages of 25 and 64, 30% is 24 or younger and 17% is 65 or older.
Age | % Distribution |
---|---|
<15 | 17.5% |
15-19 | 8.5% |
20-24 | 4.0% |
25-44 | 21.2% |
45-65 | 31.4% |
66+ | 17.3% |
OCCUPATION
Occupation | % Distribution |
---|---|
Education | 3.1% |
Healthcare | 11.4% |
Management, Business, & Financial | 16.6% |
Natural Resources Maintenance | 10.4% |
Production & Transportation | 20.2% |
Sales & Office | 22.9% |
Other | 15.3% |
HIGHEST EDUCATION LEVEL
17% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 13.5% |
High School | 38.5% |
Masters Degree | 3.2% |
Some College | 20.6% |
Some High School | 6.0% |
Other | 18.2% |
76 Elm St Comps
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