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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

94 America Way Jamestown, RI 02835

4 Beds 3 Baths 3,152 sqft Built 1979
Last updated:  Jan 23, 2020

INVESTimate

$888,580

$834K - $943K

Price Est.

$3,289

$2.8K - $3.7K

Rent Est.

$939,140  ( +5.69%)   1 YR EST. FORECAST
  
  
  

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94 America Way PROPERTY INFO

FACTS
  • Built In 1979
  • Price/Sqft : $281.91
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,152 sqft
  • Baths : 2 Full 1 Half

94 America Way SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
LAWN AVENUE SCHOOL Primary Regular 196 25 9
LAWN AVENUE SCHOOL Middle Regular 196 25 9

LAWN AVENUE SCHOOL

  • Education Level: Primary
  • # of students: 196
  • # of teachers: 25
9
GreatSchools Rating

LAWN AVENUE SCHOOL

  • Education Level: Middle
  • # of students: 196
  • # of teachers: 25
9
GreatSchools Rating
 

Financial Details

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Neighborhood

East Passage Estates

  • 432

    POPULATION
  • 148

    HOUSEHOLDS
  • 61.7%

    WHITE COLLAR

Neighborhood : East Passage Estates

HOUSEHOLDS
148
POPULATION

432

3.8%Renters
96.2%Home Owners
LABOR FORCE

 

61.7%White Collar
38.3%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 100% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $3,289 per month.

MY RENT : $3,289 MEDIAN RENT : $3,130

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.0%
>=$1,500 100.0%
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 $3,289 would therefore be considered affordable for annual household incomes greater than $131,560 (12 months x 3.333 x $3,289).

Rent % Affordability
Above $500 89.4%
Above $700 89.4%
Above $1,100 89.4%
Above $1,500 89.4%
Above $1,900 84.1%
HOUSEHOLD INCOME RANGE

Approximately 48 of households in this neighborhood have a total annual income of $131,560 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $3,289 per month.

MINIMUM INCOME RANGE : $131,560

Income % Distribution
<$20K 10.6%
$20K-$35K 0.0%
$35K-$60K 0.0%
$60K-$100K 21.9%
>=$100K 67.5%
COMMUTE TIME DISTRIBUTION

49% of the working population has a commute time of 15 to 44 minutes, 33% has a commute time of 14 minutes or less and 19% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 0.0%
10-14 mins 32.9%
15-19 mins 6.0%
20-29 mins 33.5%
30-44 mins 9.0%
45-59 mins 8.4%
>60 mins 10.2%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 100% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $3,289 per month.

MY RENT : $3,289 MEDIAN RENT : $3,130

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.0%
>=$1,500 100.0%
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 $3,289 would therefore be considered affordable for annual household incomes greater than $131,560 (12 months x 3.333 x $3,289).

Rent % Affordability
Above $500 89.4%
Above $700 89.4%
Above $1,100 89.4%
Above $1,500 89.4%
Above $1,900 84.1%
HOUSEHOLD INCOME RANGE

Approximately 48 of households in this neighborhood have a total annual income of $131,560 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $3,289 per month.

MINIMUM INCOME RANGE : $131,560

Income % Distribution
<$20K 10.6%
$20K-$35K 0.0%
$35K-$60K 0.0%
$60K-$100K 21.9%
>=$100K 67.5%
COMMUTE TIME DISTRIBUTION

49% of the working population has a commute time of 15 to 44 minutes, 33% has a commute time of 14 minutes or less and 19% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 0.0%
10-14 mins 32.9%
15-19 mins 6.0%
20-29 mins 33.5%
30-44 mins 9.0%
45-59 mins 8.4%
>60 mins 10.2%

East Passage Estates Demographics

INDUSTRY

Industry % Distribution
Administrative Support 12.5%
Arts & Entertainment 12.0%
Educational Services 21.8%
Manufacturing 15.7%
Professional & Scientific Tech Services 11.1%
Transportation 7.9%
Other 19.0%
AGE DISTRIBUTION

54% of the population is between the ages of 25 and 64, 28% is 24 or younger and 18% is 65 or older.

Age % Distribution
<15 8.6%
15-19 6.5%
20-24 12.7%
25-44 5.3%
45-65 48.8%
66+ 18.1%
OCCUPATION

Occupation % Distribution
Clean 35.6%
Computer Engineering 19.3%
Construction 7.4%
Healthcare 4.4%
Management, Business, & Financial 20.7%
Production & Transportation 12.6%
Other -0.0%
HIGHEST EDUCATION LEVEL

56% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 7.0%
Doctorate 12.0%
High School 20.3%
Masters Degree 31.6%
Some College 7.6%
Other 21.6%

94 America Way Comps

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94 America Way, Jamestown, RI 02835 is a single family home of 3,152 sqft. HomeUnion INVESTimate¬ģ for 94 America Way includes a Price Estimate of $888,580 and a Rent Estimate of $3,289. This single family home has 4 bedrooms,3 bathrooms, and was built in 1979. This property has an estimated 15 year annualized Yield of 4.44% and Total Return of 16.08%. The estimated 1 year forecast in home value for 94 America Way is 5.69%.

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