Financial Details96 Hewes Dr PROPERTY INFO
FACTS
- Built In 1970
- Price/Sqft : $139.06
CONSTRUCTION
- Beds : 5
- Floor Size : 5,408 sqft
- Baths : 3 Full 1 Half
PROPERTY DESCRIPTION
96 Hewes Dr, North Barrington, IL 60010 is a single family home of 5,408 sqft. HomeUnion estimate for 96 Hewes Dr includes a Price Estimate of $752,014 and a Rent Estimate of $4,124. This single family home has 5 bedrooms, 4 bathrooms, and was built in 1970. This property has an estimated 15 year annualized Yield of 6.58% and Total Return of 11.50%. The estimated 1 year forecast in home value for 96 Hewes Dr is 1.71%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
96 Hewes Dr SCHOOLS
Financial Details
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Oaksbury
Neighborhood : Oaksbury
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 $4,124 per month.
MY RENT : $4,124 MEDIAN RENT : $3,512
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 $4,124 would therefore be considered affordable for annual household incomes greater than $164,960 (12 months x 3.333 x $4,124).
HOUSEHOLD INCOME RANGE
Approximately 8 of households in this neighborhood have a total annual income of $164,960 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $4,124 per month.
MINIMUM INCOME RANGE : $164,960
COMMUTE TIME DISTRIBUTION
56% of the working population has a commute time of 15 to 44 minutes, 12% has a commute time of 14 minutes or less and 32% has a commute time of 45 minutes or longer.
Oaksbury Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Arts & Entertainment | 8.9% |
| Financial Industries | 11.1% |
| Health Care & Social Assistance | 13.3% |
| Manufacturing | 11.1% |
| Professional & Scientific Tech Services | 15.6% |
| Retail & Wholesale Trader | 8.9% |
| Other | 31.1% |
AGE DISTRIBUTION
53% of the population is between the ages of 25 and 64, 32% is 24 or younger and 15% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 18.5% |
| 15-19 | 9.8% |
| 20-24 | 3.3% |
| 25-44 | 17.4% |
| 45-65 | 35.9% |
| 66+ | 15.2% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Construction | 6.7% |
| Healthcare | 13.3% |
| Legal | 6.7% |
| Management, Business, & Financial | 53.3% |
| Sales & Office | 6.7% |
| Social | 3.3% |
| Other | 10.0% |
HIGHEST EDUCATION LEVEL
44% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 4.8% |
| High School | 4.8% |
| Masters Degree | 28.6% |
| Professional | 7.9% |
| Some College | 9.5% |
| Other | 44.4% |
96 Hewes Dr Comps
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