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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

7740 Nc Highway 58 N Castalia, NC 27816

3 Beds 2 Baths 1,352 sqft Built 2000
Last updated:  Jan 23, 2020

INVESTimate

$118,617

$106K - $131K

Price Est.

$818

763 - 873

Rent Est.

$119,661  ( +0.88%)   1 YR EST. FORECAST
  
  
  

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7740 Nc Highway 58 N PROPERTY INFO

FACTS
  • Built In 2000
  • Price/Sqft : $87.73
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,352 sqft
  • Baths : 2 Full

7740 Nc Highway 58 N SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
CEDAR GROVE ELEMENTARY SCHOOL Primary Regular 224 14 3
RED OAK MIDDLE SCHOOL Middle Regular 920 58 4
NORTHERN NASH HIGH SCHOOL High Regular 1,219 71 3

CEDAR GROVE ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 224
  • # of teachers: 14
3
GreatSchools Rating

RED OAK MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 920
  • # of teachers: 58
4
GreatSchools Rating

NORTHERN NASH HIGH SCHOOL

  • Education Level: High
  • # of students: 1,219
  • # of teachers: 71
3
GreatSchools Rating
 

Financial Details

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Neighborhood

Castalia Village

  • 4

    POPULATION
  • 1

    HOUSEHOLDS
  • 62.4%

    WHITE COLLAR

Neighborhood : Castalia Village

HOUSEHOLDS
1
POPULATION

4

0.0%Renters
100.0%Home Owners
LABOR FORCE

 

62.4%White Collar
37.6%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

MY RENT : $818 MEDIAN RENT : $620

Rent % Distribution
$500-699 100.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.0%
>=$1,500 0.0%
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 $818 would therefore be considered affordable for annual household incomes greater than $32,720 (12 months x 3.333 x $818).

Rent % Affordability
HOUSEHOLD INCOME RANGE

Approximately 0 of households in this neighborhood have a total annual income of $32,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $818 per month.

MINIMUM INCOME RANGE : $32,720

Income % Distribution
COMMUTE TIME DISTRIBUTION

0% of the working population has a commute time of 15 to 44 minutes, 0% has a commute time of 14 minutes or less and 0% has a commute time of 45 minutes or longer.

Time (mins) % Distribution

Castalia Village Demographics

INDUSTRY

Industry % Distribution
Manufacturing ?%
Professional & Scientific Tech Services ?%
Public Administration ?%
Real Estate ?%
Retail & Wholesale Trader ?%
Transportation ?%
Other ?%
AGE DISTRIBUTION

75% of the population is between the ages of 25 and 64, 25% is 24 or younger and 0% is 65 or older.

Age % Distribution
<15 25.0%
15-19 0.0%
20-24 0.0%
25-44 25.0%
45-65 50.0%
66+ 0.0%
OCCUPATION

Occupation % Distribution
Natural Resources Maintenance ?%
PCare ?%
Production & Transportation ?%
Protect ?%
Sales & Office ?%
Social ?%
Other ?%
HIGHEST EDUCATION LEVEL

0% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
High School 50.0%
Masters Degree 0.0%
Professional 0.0%
Some College 50.0%
Some High School 0.0%
Other 0.0%

7740 Nc Highway 58 N Comps

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7740 Nc Highway 58 N, Castalia, NC 27816 is a single family home of 1,352 sqft. HomeUnion INVESTimateĀ® for 7740 Nc Highway 58 N includes a Price Estimate of $118,617 and a Rent Estimate of $818. This single family home has 3 bedrooms,2 bathrooms, and was built in 2000. This property has an estimated 15 year annualized Yield of 8.28% and Total Return of 13.72%. The estimated 1 year forecast in home value for 7740 Nc Highway 58 N is 0.88%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NC , NASH County , or the 27816 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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