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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.

6125 Northfork Rd Elliston, VA 24087

3 Beds 2 Baths 1,512 sqft Built 1999
Last updated:  Jun 30, 2018

INVESTimate

$120,719

$118K - $123K

Price Est.

$1,062

973 - $1.2K

Rent Est.

$120,031  ( -0.57%)   1 YR EST. FORECAST

6125 Northfork Rd PROPERTY INFO

FACTS
  • Built In 1999
  • Price/Sqft : $79.84
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,512 sqft
  • Baths : 2 Full
PROPERTY DESCRIPTION
6125 Northfork Rd, Elliston, VA 24087 is a single family home of 1,512 sqft. HomeUnion estimate for 6125 Northfork Rd includes a Price Estimate of $120,719 and a Rent Estimate of $1,062. This single family home has 3 bedrooms, 2 bathrooms, and was built in 1999. This property has an estimated 15 year annualized Yield of 10.56% and Total Return of 17.78%. The estimated 1 year forecast in home value for 6125 Northfork Rd is -0.57%.
  
  
  

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6125 Northfork Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
EASTERN MONTGOMERY ELEMENTARY SCHOOL Primary Regular 524 33 2
SHAWSVILLE MIDDLE SCHOOL Middle Regular 219 21 3
EASTERN MONTGOMERY HIGH SCHOOL High Regular 284 28 4

EASTERN MONTGOMERY ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 524
  • # of teachers: 33
2
GreatSchools Rating

SHAWSVILLE MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 219
  • # of teachers: 21
3
GreatSchools Rating

EASTERN MONTGOMERY HIGH SCHOOL

  • Education Level: High
  • # of students: 284
  • # of teachers: 28
4
GreatSchools Rating
 

Financial Details

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Neighborhood

ELLISTON

  • 4,881

    POPULATION
  • 1,546

    HOUSEHOLDS
  • 58.1%

    WHITE COLLAR

Neighborhood : ELLISTON

HOUSEHOLDS
1,546
POPULATION

4,881

19.4%Renters
80.6%Home Owners
LABOR FORCE

 

58.1%White Collar
41.9%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 73% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,112 per month.

MY RENT : $1,112 MEDIAN RENT : $1,130

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 9.1%
$1,000-1,499 80.8%
>=$1,500 10.1%
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 $1,112 would therefore be considered affordable for annual household incomes greater than $44,480 (12 months x 3.333 x $1,112).

Rent % Affordability
Above $500 85.0%
Above $700 73.1%
Above $1,100 56.9%
Above $1,500 37.5%
Above $1,900 28.5%
HOUSEHOLD INCOME RANGE

Approximately 692 of households in this neighborhood have a total annual income of $44,480 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,112 per month.

MINIMUM INCOME RANGE : $44,480

Income % Distribution
<$20K 15.0%
$20K-$35K 19.9%
$35K-$60K 27.7%
$60K-$100K 18.3%
>=$100K 19.2%
COMMUTE TIME DISTRIBUTION

67% of the working population has a commute time of 15 to 44 minutes, 20% has a commute time of 14 minutes or less and 13% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.1%
5-9 mins 3.8%
10-14 mins 14.8%
15-19 mins 13.1%
20-29 mins 29.1%
30-44 mins 25.2%
45-59 mins 4.1%
>60 mins 8.8%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 73% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,112 per month.

MY RENT : $1,112 MEDIAN RENT : $1,130

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 9.1%
$1,000-1,499 80.8%
>=$1,500 10.1%
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 $1,112 would therefore be considered affordable for annual household incomes greater than $44,480 (12 months x 3.333 x $1,112).

Rent % Affordability
Above $500 85.0%
Above $700 73.1%
Above $1,100 56.9%
Above $1,500 37.5%
Above $1,900 28.5%
HOUSEHOLD INCOME RANGE

Approximately 692 of households in this neighborhood have a total annual income of $44,480 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,112 per month.

MINIMUM INCOME RANGE : $44,480

Income % Distribution
<$20K 15.0%
$20K-$35K 19.9%
$35K-$60K 27.7%
$60K-$100K 18.3%
>=$100K 19.2%
COMMUTE TIME DISTRIBUTION

67% of the working population has a commute time of 15 to 44 minutes, 20% has a commute time of 14 minutes or less and 13% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.1%
5-9 mins 3.8%
10-14 mins 14.8%
15-19 mins 13.1%
20-29 mins 29.1%
30-44 mins 25.2%
45-59 mins 4.1%
>60 mins 8.8%

ELLISTON Demographics

INDUSTRY

Industry % Distribution
Administrative Support 12.1%
Arts & Entertainment 15.3%
Construction 10.5%
Health Care & Social Assistance 9.5%
Professional & Scientific Tech Services 8.5%
Retail & Wholesale Trader 11.5%
Other 32.6%
AGE DISTRIBUTION

51% of the population is between the ages of 25 and 64, 36% is 24 or younger and 14% is 65 or older.

Age % Distribution
<15 20.7%
15-19 6.4%
20-24 8.6%
25-44 28.8%
45-65 21.9%
66+ 13.6%
OCCUPATION

Occupation % Distribution
Computer Engineering 9.2%
Healthcare 11.4%
Management, Business, & Financial 11.9%
Natural Resources Maintenance 8.3%
Production & Transportation 11.9%
Sales & Office 17.0%
Other 30.3%
HIGHEST EDUCATION LEVEL

19% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 5.7%
High School 38.5%
Masters Degree 7.2%
Some College 11.7%
Some High School 24.3%
Other 12.6%

6125 Northfork Rd Comps

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