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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

14 Old Stone Way 4 Weymouth, MA 02189

2 Beds 2 Baths 1,170 sqft Built 1973
Last updated:  May 30, 2018

INVESTimate

$234,479

$224K - $245K

Price Est.

$2,046

$1.9K - $2.2K

Rent Est.

$246,484  ( +5.12%)   1 YR EST. FORECAST
  
  
  

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14 Old Stone Way 4 PROPERTY INFO

FACTS
  • Built In 1973
  • Price/Sqft : $200.41
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,170 sqft
  • Baths : 2 Full

14 Old Stone Way 4 SCHOOLS

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Financial Details

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Neighborhood

EAST WEYMOUTH

  • 15,364

    POPULATION
  • 6,221

    HOUSEHOLDS
  • 68.5%

    WHITE COLLAR

Neighborhood : EAST WEYMOUTH

HOUSEHOLDS
6,221
POPULATION

15,364

36.5%Renters
63.5%Home Owners
LABOR FORCE

 

68.5%White Collar
31.5%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 $1,905 per month.

MY RENT : $1,905 MEDIAN RENT : $1,907

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.1%
>=$1,500 99.9%
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 $1,905 would therefore be considered affordable for annual household incomes greater than $76,200 (12 months x 3.333 x $1,905).

Rent % Affordability
Above $500 85.4%
Above $700 77.7%
Above $1,100 63.5%
Above $1,500 50.3%
Above $1,900 40.4%
HOUSEHOLD INCOME RANGE

Approximately 2,157 of households in this neighborhood have a total annual income of $76,200 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,905 per month.

MINIMUM INCOME RANGE : $76,200

Income % Distribution
<$20K 14.6%
$20K-$35K 13.9%
$35K-$60K 21.2%
$60K-$100K 20.5%
>=$100K 29.8%
COMMUTE TIME DISTRIBUTION

40% of the working population has a commute time of 15 to 44 minutes, 26% has a commute time of 14 minutes or less and 34% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.3%
5-9 mins 10.2%
10-14 mins 14.1%
15-19 mins 10.8%
20-29 mins 16.4%
30-44 mins 13.3%
45-59 mins 10.8%
>60 mins 23.2%
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 $1,905 per month.

MY RENT : $1,905 MEDIAN RENT : $1,907

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.1%
>=$1,500 99.9%
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 $1,905 would therefore be considered affordable for annual household incomes greater than $76,200 (12 months x 3.333 x $1,905).

Rent % Affordability
Above $500 85.4%
Above $700 77.7%
Above $1,100 63.5%
Above $1,500 50.3%
Above $1,900 40.4%
HOUSEHOLD INCOME RANGE

Approximately 2,157 of households in this neighborhood have a total annual income of $76,200 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,905 per month.

MINIMUM INCOME RANGE : $76,200

Income % Distribution
<$20K 14.6%
$20K-$35K 13.9%
$35K-$60K 21.2%
$60K-$100K 20.5%
>=$100K 29.8%
COMMUTE TIME DISTRIBUTION

40% of the working population has a commute time of 15 to 44 minutes, 26% has a commute time of 14 minutes or less and 34% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.3%
5-9 mins 10.2%
10-14 mins 14.1%
15-19 mins 10.8%
20-29 mins 16.4%
30-44 mins 13.3%
45-59 mins 10.8%
>60 mins 23.2%

EAST WEYMOUTH Demographics

INDUSTRY

Industry % Distribution
Construction 10.2%
Educational Services 9.4%
Financial Industries 9.2%
Health Care & Social Assistance 18.7%
Manufacturing 6.4%
Retail & Wholesale Trader 15.4%
Other 30.8%
AGE DISTRIBUTION

55% of the population is between the ages of 25 and 64, 30% is 24 or younger and 15% is 65 or older.

Age % Distribution
<15 17.0%
15-19 5.3%
20-24 7.7%
25-44 24.9%
45-65 29.8%
66+ 15.4%
OCCUPATION

Occupation % Distribution
Construction 4.5%
Healthcare 11.4%
Management, Business, & Financial 22.5%
Natural Resources Maintenance 12.1%
Production & Transportation 8.2%
Sales & Office 25.2%
Other 16.2%
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 11.2%
High School 29.2%
Masters Degree 8.2%
Some College 19.4%
Some High School 8.8%
Other 23.3%

14 Old Stone Way 4 Comps

Sorry, we do not have sufficient data available.

14 Old Stone Way 4, Weymouth, MA 02189 is a single family home of 1,170 sqft. HomeUnion INVESTimateĀ® for 14 Old Stone Way 4 includes a Price Estimate of $234,479 and a Rent Estimate of $2,046. This single family home has 2 bedrooms,2 bathrooms, and was built in 1973. This property has an estimated 15 year annualized Yield of 10.47% and Total Return of 30.44%. The estimated 1 year forecast in home value for 14 Old Stone Way 4 is 5.12%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in MA , NORFOLK County , or the 02189 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2