$40,000
- 3 Beds
- 1 Bath
- 1,128 Sq Ft
117 Sherman Ave, Waterloo, IA 50703
Mike Taylor Lockard Realty Company
Frequently Asked Questions
Is Gates Park a good place to live?
Gates Park is a good place to live. Gates Park is considered car-dependent and bikeable. Gates Park has 3 parks for recreational activities.It is somewhat dense in population with 8.0 people per acre and a median age of 39. The average household income is $46,549 which is below the national average. College graduates make up 16.5% of residents. A majority of residents in Gates Park are home owners, with 48% of residents renting and 52% of residents owning their home. A local real estate agent serving Gates Park can help you decide if this neighborhood is the right one for you. Learn more on our Gates Park neighborhood guide.
How much do you need to make to afford a house in Gates Park?
The median home price in Gates Park is $86,950. If you put a 20% down payment of $17,400 and had a 30-year fixed mortgage with an interest rate of 6.31%, your estimated principal and interest payment would be $430 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $18K a year to afford the median home price in Gates Park. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Gates Park is $47K.
What are the best public schools in Gates Park?
The best public schools that serve Gates Park are:
- East High School has a C+ Niche grade, a student teacher ratio of 16:1 and an average review score of 3.5.
- Cunningham School has a C- Niche grade and a student teacher ratio of 13:1.
- George Washington Carver Academy has a C- Niche grade and a student teacher ratio of 14:1.
What are the best private schools in Gates Park?
The best private schools that serve Gates Park are:
- Royal Legacy Christian Academy has a student teacher ratio of 15:1.
What are the most popular zip codes in Gates Park, Waterloo, IA?
What are the most popular neighborhoods near Gates Park, Waterloo, IA?
The most popular neighborhoods near Gates Park, Waterloo, IA are We Care, Walnut, Unity, Church Row and Edison.
Are home prices dropping in Gates Park?
Yes, home prices in Gates Park are down 12% in the last 12 months.
