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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

9 Olmstedville Rd North Creek, NY 12853

2 Beds 1 Baths 912 sqft Built 1930
Last updated:  Jan 23, 2020

INVESTimate

$184,093

$171K - $197K

Price Est.

$1,112

983 - $1.2K

Rent Est.

$187,204  ( +1.69%)   1 YR EST. FORECAST
  
  
  

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9 Olmstedville Rd PROPERTY INFO

FACTS
  • Built In 1930
  • Price/Sqft : $201.86
CONSTRUCTION
  • Beds : 2
  • Floor Size : 912 sqft
  • Baths : 1 Full

9 Olmstedville Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
NORTH WARREN CENTRAL SCHOOL Primary Regular 539 63 6
NORTH WARREN CENTRAL SCHOOL Middle Regular 539 63 6
NORTH WARREN CENTRAL SCHOOL High Regular 539 63 6

NORTH WARREN CENTRAL SCHOOL

  • Education Level: Primary
  • # of students: 539
  • # of teachers: 63
6
GreatSchools Rating

NORTH WARREN CENTRAL SCHOOL

  • Education Level: Middle
  • # of students: 539
  • # of teachers: 63
6
GreatSchools Rating

NORTH WARREN CENTRAL SCHOOL

  • Education Level: High
  • # of students: 539
  • # of teachers: 63
6
GreatSchools Rating
 

Financial Details

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Neighborhood

NORTH CREEK

  • 1,826

    POPULATION
  • 724

    HOUSEHOLDS
  • 64.5%

    WHITE COLLAR

Neighborhood : NORTH CREEK

HOUSEHOLDS
724
POPULATION

1,826

17.0%Renters
83.0%Home Owners
LABOR FORCE

 

64.5%White Collar
35.5%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 87% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,112 per month.

MY RENT : $1,112 MEDIAN RENT : $1,484

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 1.9%
$1,000-1,499 51.0%
>=$1,500 47.1%
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 $1,112 would therefore be considered affordable for annual household incomes greater than $44,480 (12 months x 3.333 x $1,112).

Rent % Affordability
Above $500 82.7%
Above $700 72.3%
Above $1,100 59.1%
Above $1,500 39.8%
Above $1,900 27.8%
HOUSEHOLD INCOME RANGE

Approximately 340 of households in this neighborhood have a total annual income of $44,480 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,112 per month.

MINIMUM INCOME RANGE : $44,480

Income % Distribution
<$20K 17.3%
$20K-$35K 14.8%
$35K-$60K 28.1%
$60K-$100K 22.9%
>=$100K 16.9%
COMMUTE TIME DISTRIBUTION

41% of the working population has a commute time of 15 to 44 minutes, 41% has a commute time of 14 minutes or less and 18% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 6.4%
5-9 mins 15.8%
10-14 mins 18.8%
15-19 mins 7.8%
20-29 mins 12.9%
30-44 mins 20.6%
45-59 mins 11.6%
>60 mins 6.1%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 87% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,112 per month.

MY RENT : $1,112 MEDIAN RENT : $1,484

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 1.9%
$1,000-1,499 51.0%
>=$1,500 47.1%
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 $1,112 would therefore be considered affordable for annual household incomes greater than $44,480 (12 months x 3.333 x $1,112).

Rent % Affordability
Above $500 82.7%
Above $700 72.3%
Above $1,100 59.1%
Above $1,500 39.8%
Above $1,900 27.8%
HOUSEHOLD INCOME RANGE

Approximately 340 of households in this neighborhood have a total annual income of $44,480 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,112 per month.

MINIMUM INCOME RANGE : $44,480

Income % Distribution
<$20K 17.3%
$20K-$35K 14.8%
$35K-$60K 28.1%
$60K-$100K 22.9%
>=$100K 16.9%
COMMUTE TIME DISTRIBUTION

41% of the working population has a commute time of 15 to 44 minutes, 41% has a commute time of 14 minutes or less and 18% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 6.4%
5-9 mins 15.8%
10-14 mins 18.8%
15-19 mins 7.8%
20-29 mins 12.9%
30-44 mins 20.6%
45-59 mins 11.6%
>60 mins 6.1%

NORTH CREEK Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 17.8%
Construction 11.7%
Educational Services 10.7%
Health Care & Social Assistance 15.3%
Manufacturing 6.0%
Retail & Wholesale Trader 13.8%
Other 24.6%
AGE DISTRIBUTION

48% of the population is between the ages of 25 and 64, 30% is 24 or younger and 22% is 65 or older.

Age % Distribution
<15 14.6%
15-19 10.8%
20-24 4.8%
25-44 22.0%
45-65 25.7%
66+ 22.1%
OCCUPATION

Occupation % Distribution
Computer Engineering 3.9%
Healthcare 21.5%
Management, Business, & Financial 17.8%
Natural Resources Maintenance 19.7%
Production & Transportation 9.8%
Sales & Office 15.3%
Other 11.9%
HIGHEST EDUCATION LEVEL

20% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 9.8%
High School 41.5%
Masters Degree 8.8%
Some College 13.5%
Some High School 8.2%
Other 18.2%

9 Olmstedville Rd Comps

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9 Olmstedville Rd, North Creek, NY 12853 is a single family home of 912 sqft. HomeUnion INVESTimateĀ® for 9 Olmstedville Rd includes a Price Estimate of $184,093 and a Rent Estimate of $1,112. This single family home has 2 bedrooms,1 bathrooms, and was built in 1930. This property has an estimated 15 year annualized Yield of 7.25% and Total Return of 9.88%. The estimated 1 year forecast in home value for 9 Olmstedville Rd is 1.69%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NY , WARREN County , or the 12853 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 12860
  2. 12817
  3. 12804
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  5. 12815
  6. 12810