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This page contains information about each property aggregated from public data sources, 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.

98 Groman Dr Sandy Creek, NY 13145

3 Beds 1 Baths 884 sqft Built 1964
Last updated:  Nov 28, 2019

INVESTimate

$98,199

$93.2K - $103K

Price Est.

$851

735 - 967

Rent Est.

$99,387  ( +1.21%)   1 YR EST. FORECAST

98 Groman Dr PROPERTY INFO

FACTS
  • Built In 1964
  • Price/Sqft : $111.08
CONSTRUCTION
  • Beds : 3
  • Floor Size : 884 sqft
  • Baths : 1 Full
PROPERTY DESCRIPTION
98 Groman Dr, Sandy Creek, NY 13145 is a single family home of 884 sqft. HomeUnion estimate for 98 Groman Dr includes a Price Estimate of $98,199 and a Rent Estimate of $851. This single family home has 3 bedrooms, 1 bathrooms, and was built in 1964. This property has an estimated 15 year annualized Yield of 10.40% and Total Return of 12.34%. The estimated 1 year forecast in home value for 98 Groman Dr is 1.21%.
  
  
  

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98 Groman Dr SCHOOLS

Sorry, we do not have sufficient school data for this neighborhood.
 

Financial Details

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Neighborhood

SANDY CREEK

  • 1,867

    POPULATION
  • 783

    HOUSEHOLDS
  • 53.9%

    WHITE COLLAR

Neighborhood : SANDY CREEK

HOUSEHOLDS
783
POPULATION

1,867

23.4%Renters
76.6%Home Owners
LABOR FORCE

 

53.9%White Collar
46.1%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 77% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $851 per month.

MY RENT : $851 MEDIAN RENT : $1,023

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 30.4%
$900-999 15.8%
$1,000-1,499 47.1%
>=$1,500 6.8%
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 $851 would therefore be considered affordable for annual household incomes greater than $34,040 (12 months x 3.333 x $851).

Rent % Affordability
Above $500 84.9%
Above $700 75.9%
Above $1,100 63.7%
Above $1,500 49.4%
Above $1,900 35.9%
HOUSEHOLD INCOME RANGE

Approximately 1,451 of households in this neighborhood have a total annual income of $34,040 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $851 per month.

MINIMUM INCOME RANGE : $34,040

Income % Distribution
<$20K 15.1%
$20K-$35K 12.5%
$35K-$60K 23.0%
$60K-$100K 31.8%
>=$100K 17.5%
COMMUTE TIME DISTRIBUTION

45% of the working population has a commute time of 15 to 44 minutes, 29% has a commute time of 14 minutes or less and 26% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.7%
5-9 mins 11.1%
10-14 mins 13.0%
15-19 mins 9.2%
20-29 mins 9.8%
30-44 mins 26.3%
45-59 mins 17.9%
>60 mins 8.0%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 77% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $851 per month.

MY RENT : $851 MEDIAN RENT : $1,023

Rent % Distribution
$500-699 0.0%
$700-899 30.4%
$900-999 15.8%
$1,000-1,499 47.1%
>=$1,500 6.8%
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 $851 would therefore be considered affordable for annual household incomes greater than $34,040 (12 months x 3.333 x $851).

Rent % Affordability
Above $500 84.9%
Above $700 75.9%
Above $1,100 63.7%
Above $1,500 49.4%
Above $1,900 35.9%
HOUSEHOLD INCOME RANGE

Approximately 1,451 of households in this neighborhood have a total annual income of $34,040 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $851 per month.

MINIMUM INCOME RANGE : $34,040

Income % Distribution
<$20K 15.1%
$20K-$35K 12.5%
$35K-$60K 23.0%
$60K-$100K 31.8%
>=$100K 17.5%
COMMUTE TIME DISTRIBUTION

45% of the working population has a commute time of 15 to 44 minutes, 29% has a commute time of 14 minutes or less and 26% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.7%
5-9 mins 11.1%
10-14 mins 13.0%
15-19 mins 9.2%
20-29 mins 9.8%
30-44 mins 26.3%
45-59 mins 17.9%
>60 mins 8.0%

SANDY CREEK Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 10.0%
Construction 10.2%
Educational Services 11.1%
Health Care & Social Assistance 12.5%
Manufacturing 12.0%
Retail & Wholesale Trader 13.2%
Other 31.0%
AGE DISTRIBUTION

56% of the population is between the ages of 25 and 64, 27% is 24 or younger and 17% is 65 or older.

Age % Distribution
<15 17.6%
15-19 5.7%
20-24 4.0%
25-44 25.4%
45-65 30.7%
66+ 16.6%
OCCUPATION

Occupation % Distribution
Construction 6.0%
Healthcare 7.9%
Management, Business, & Financial 15.3%
Natural Resources Maintenance 14.4%
Production & Transportation 15.7%
Sales & Office 23.5%
Other 17.1%
HIGHEST EDUCATION LEVEL

17% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 11.3%
High School 40.7%
Masters Degree 5.3%
Some College 24.1%
Some High School 10.5%
Other 8.0%

98 Groman Dr Comps

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