INVESTimate
$44,449
91 Fairview Pl PROPERTY INFO
FACTS
- Built In 1887
- Price/Sqft : $54.77
CONSTRUCTION
- Beds : 5
- Floor Size : 2,270 sqft
- Baths : 1 Full 1 Half
PROPERTY DESCRIPTION
91 Fairview Pl, Amsterdam, NY 12010 is a single family home of 2,270 sqft. HomeUnion estimate for 91 Fairview Pl includes a Price Estimate of $124,335 and a Rent Estimate of $1,425. This single family home has 5 bedrooms, 2 bathrooms, and was built in 1887. This property has an estimated 15 year annualized Yield of 13.75% and Total Return of 28.30%. The estimated 1 year forecast in home value for 91 Fairview Pl is 3.6%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
91 Fairview Pl SCHOOLS
Financial Details
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AMSTERDAM
Neighborhood : AMSTERDAM
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 54% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,425 per month.
MY RENT : $1,425 MEDIAN RENT : $1,464
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 $1,425 would therefore be considered affordable for annual household incomes greater than $57,000 (12 months x 3.333 x $1,425).
HOUSEHOLD INCOME RANGE
Approximately 4,727 of households in this neighborhood have a total annual income of $57,000 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,425 per month.
MINIMUM INCOME RANGE : $57,000
COMMUTE TIME DISTRIBUTION
44% of the working population has a commute time of 15 to 44 minutes, 38% has a commute time of 14 minutes or less and 18% has a commute time of 45 minutes or longer.
AMSTERDAM Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 8.3% |
Educational Services | 6.8% |
Health Care & Social Assistance | 17.5% |
Manufacturing | 12.9% |
Public Administration | 6.7% |
Retail & Wholesale Trader | 17.6% |
Other | 30.3% |
AGE DISTRIBUTION
51% of the population is between the ages of 25 and 64, 31% is 24 or younger and 19% is 65 or older.
Age | % Distribution |
---|---|
<15 | 17.2% |
15-19 | 6.0% |
20-24 | 7.4% |
25-44 | 23.4% |
45-65 | 27.2% |
66+ | 18.8% |
OCCUPATION
Occupation | % Distribution |
---|---|
Construction | 4.4% |
Healthcare | 9.6% |
Management, Business, & Financial | 15.2% |
Natural Resources Maintenance | 8.8% |
Production & Transportation | 19.1% |
Sales & Office | 23.0% |
Other | 19.9% |
HIGHEST EDUCATION LEVEL
21% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 13.7% |
High School | 33.5% |
Masters Degree | 5.5% |
Some College | 20.4% |
Some High School | 14.5% |
Other | 12.5% |
91 Fairview Pl Comps
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