Sell Your Property

Easily Access a network of motivated buyers
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.

...MORE

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.

Nys Route 28 W Forestport, NY 13338

3 Beds 1 Baths 1,392 sqft Built 1920
Last updated:  Jan 23, 2020

INVESTimate

$280,191

$255K - $306K

Price Est.

$1,319

$1.2K - $1.5K

Rent Est.

$284,170  ( +1.42%)   1 YR EST. FORECAST

Nys Route 28 W PROPERTY INFO

FACTS
  • Built In 1920
  • Price/Sqft : $201.29
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,392 sqft
  • Baths : 1 Full
PROPERTY DESCRIPTION
Nys Route 28 W, Forestport, NY 13338 is a single family home of 1,392 sqft. HomeUnion estimate for Nys Route 28 W includes a Price Estimate of $280,191 and a Rent Estimate of $1,319. This single family home has 3 bedrooms, 1 bathrooms, and was built in 1920. This property has an estimated 15 year annualized Yield of 5.65% and Total Return of 7.78%. The estimated 1 year forecast in home value for Nys Route 28 W is 1.42%.
  
  
  

The following properties with Estimated Highest Gross Yields are available in other markets.

  • 3301 HENDERSON MILL ROAD Atlanta, GA
    • 3 beds 2 baths ∙ 1,348 Sqft ∙ Built 1969 ∙ 1units 3 beds 2 baths ∙ 1,348 Sqft ∙ Built 1969 ∙ 1units
    AVAILABLE fmls
    • 13.98% GROSS YIELD
    • $7,359 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $170,000
    • $50,800
    • $1,980
  • 3530 PIEDMONT ROAD Atlanta, GA
    • 2 beds 2 baths ∙ 1,527 Sqft ∙ Built 1976 ∙ 1units 2 beds 2 baths ∙ 1,527 Sqft ∙ Built 1976 ∙ 1units
    AVAILABLE fmls
    • 13.73% GROSS YIELD
    • $10,605 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $229,000
    • $66,435
    • $2,620
  • 270 Barber Street Rock Hill, SC
    • 3 beds 1 baths ∙ 1,016 Sqft ∙ Built 1950 ∙ 1units 3 beds 1 baths ∙ 1,016 Sqft ∙ Built 1950 ∙ 1units
    AVAILABLE
    • 13.14% GROSS YIELD
    • $7,639 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $105,000
    • $33,575
    • $1,150
  • 2942 WALNUT SPRINGS DRIVE Katy, TX
    • 3 beds 2 baths ∙ 1,256 Sqft ∙ Built 1984 ∙ 1units 3 beds 2 baths ∙ 1,256 Sqft ∙ Built 1984 ∙ 1units
    AVAILABLE
    • 13.00% GROSS YIELD
    • $6,229 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $120,000
    • $37,550
    • $1,300

Nys Route 28 W SCHOOLS

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

Financial Details

See Financial Details

To review the detailed projections for this property, sign up for a FREE account

Already have an account?
Neighborhood

FORESTPORT

  • 1,164

    POPULATION
  • 521

    HOUSEHOLDS
  • 61.6%

    WHITE COLLAR

Neighborhood : FORESTPORT

HOUSEHOLDS
521
POPULATION

1,164

14.0%Renters
86.0%Home Owners
LABOR FORCE

 

61.6%White Collar
38.4%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 34% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,319 per month.

MY RENT : $1,319 MEDIAN RENT : $1,111

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 3.0%
$900-999 22.9%
$1,000-1,499 62.2%
>=$1,500 11.9%
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 $1,319 would therefore be considered affordable for annual household incomes greater than $52,760 (12 months x 3.333 x $1,319).

Rent % Affordability
Above $500 85.2%
Above $700 76.1%
Above $1,100 59.1%
Above $1,500 39.0%
Above $1,900 28.3%
HOUSEHOLD INCOME RANGE

Approximately 221 of households in this neighborhood have a total annual income of $52,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,319 per month.

MINIMUM INCOME RANGE : $52,760

Income % Distribution
<$20K 14.8%
$20K-$35K 17.5%
$35K-$60K 28.8%
$60K-$100K 21.7%
>=$100K 17.3%
COMMUTE TIME DISTRIBUTION

51% of the working population has a commute time of 15 to 44 minutes, 28% has a commute time of 14 minutes or less and 21% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 8.2%
5-9 mins 8.4%
10-14 mins 11.3%
15-19 mins 8.0%
20-29 mins 10.3%
30-44 mins 32.8%
45-59 mins 12.6%
>60 mins 8.4%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 34% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,319 per month.

MY RENT : $1,319 MEDIAN RENT : $1,111

Rent % Distribution
$500-699 0.0%
$700-899 3.0%
$900-999 22.9%
$1,000-1,499 62.2%
>=$1,500 11.9%
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 $1,319 would therefore be considered affordable for annual household incomes greater than $52,760 (12 months x 3.333 x $1,319).

Rent % Affordability
Above $500 85.2%
Above $700 76.1%
Above $1,100 59.1%
Above $1,500 39.0%
Above $1,900 28.3%
HOUSEHOLD INCOME RANGE

Approximately 221 of households in this neighborhood have a total annual income of $52,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,319 per month.

MINIMUM INCOME RANGE : $52,760

Income % Distribution
<$20K 14.8%
$20K-$35K 17.5%
$35K-$60K 28.8%
$60K-$100K 21.7%
>=$100K 17.3%
COMMUTE TIME DISTRIBUTION

51% of the working population has a commute time of 15 to 44 minutes, 28% has a commute time of 14 minutes or less and 21% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 8.2%
5-9 mins 8.4%
10-14 mins 11.3%
15-19 mins 8.0%
20-29 mins 10.3%
30-44 mins 32.8%
45-59 mins 12.6%
>60 mins 8.4%

FORESTPORT Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 16.8%
Construction 10.8%
Health Care & Social Assistance 9.5%
Manufacturing 7.1%
Public Administration 10.2%
Retail & Wholesale Trader 17.8%
Other 27.8%
AGE DISTRIBUTION

58% of the population is between the ages of 25 and 64, 16% is 24 or younger and 26% is 65 or older.

Age % Distribution
<15 9.0%
15-19 4.2%
20-24 2.9%
25-44 16.9%
45-65 41.4%
66+ 25.5%
OCCUPATION

Occupation % Distribution
Construction 4.8%
Management, Business, & Financial 19.7%
Natural Resources Maintenance 15.2%
Production & Transportation 9.8%
Sales & Office 28.9%
Social 5.1%
Other 16.5%
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 10.4%
High School 44.0%
Masters Degree 8.0%
Some College 14.7%
Some High School 7.5%
Other 15.5%

Nys Route 28 W Comps

Sorry, we do not have sufficient data available.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NY , ONEIDA County , or the 13338 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Similar Investment Properties By Bed/Bath within 2 miles

No Properties available

Nearest zipcodes within 2 miles

  1. 13032
  2. 13494