INVESTimate
$322,976
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8 Pond Path PROPERTY INFO
FACTS
- Built In 1986
- Price/Sqft : $280.05
CONSTRUCTION
- Beds : 4
- Floor Size : 4,197 sqft
- Baths : 3 Full 1 Half
8 Pond Path SCHOOLS
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Financial Details
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NORTH HAMPTON
Neighborhood : NORTH HAMPTON
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 98% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $3,343 per month.
MY RENT : $3,343 MEDIAN RENT : $2,551
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 $3,343 would therefore be considered affordable for annual household incomes greater than $133,720 (12 months x 3.333 x $3,343).
HOUSEHOLD INCOME RANGE
Approximately 434 of households in this neighborhood have a total annual income of $133,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $3,343 per month.
MINIMUM INCOME RANGE : $133,720
COMMUTE TIME DISTRIBUTION
50% of the working population has a commute time of 15 to 44 minutes, 29% has a commute time of 14 minutes or less and 20% has a commute time of 45 minutes or longer.
NORTH HAMPTON Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Arts & Entertainment | 9.8% |
| Educational Services | 7.2% |
| Health Care & Social Assistance | 13.4% |
| Manufacturing | 9.6% |
| Professional & Scientific Tech Services | 10.5% |
| Retail & Wholesale Trader | 17.7% |
| Other | 31.8% |
AGE DISTRIBUTION
56% of the population is between the ages of 25 and 64, 24% is 24 or younger and 21% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 14.5% |
| 15-19 | 5.6% |
| 20-24 | 3.4% |
| 25-44 | 19.8% |
| 45-65 | 35.8% |
| 66+ | 20.8% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Computer Engineering | 5.1% |
| Healthcare | 5.3% |
| Management, Business, & Financial | 31.3% |
| Natural Resources Maintenance | 5.5% |
| Production & Transportation | 11.8% |
| Sales & Office | 25.8% |
| Other | 15.2% |
HIGHEST EDUCATION LEVEL
28% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 7.0% |
| High School | 18.4% |
| Masters Degree | 16.2% |
| Professional | 4.0% |
| Some College | 20.0% |
| Other | 34.5% |
8 Pond Path Comps
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8 Pond Path, North Hampton, NH 03862 is a single family home of 4,197 sqft. HomeUnion INVESTimateĀ® for 8 Pond Path includes a Price Estimate of $1,175,381 and a Rent Estimate of $3,343. This single family home has 4 bedrooms,4 bathrooms, and was built in 1986. This property has an estimated 15 year annualized Yield of 3.41% and Total Return of 10.81%. The estimated 1 year forecast in home value for 8 Pond Path is 5.07%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NH , ROCKINGHAM County , or the 03862 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
