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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

12119 Centerhill St Wheaton, MD 20902

0 Beds 1 Baths 1,008 sqft Built 1950
Last updated:  May 30, 2018

INVESTimate

$231,567

$220K - $243K

Price Est.

$1,642

$1.5K - $1.8K

Rent Est.

$242,242  ( +4.61%)   1 YR EST. FORECAST
  
  
  

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12119 Centerhill St PROPERTY INFO

FACTS
  • Built In 1950
  • Price/Sqft : $229.73
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,008 sqft
  • Baths : 1 Full

12119 Centerhill St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
HIGHLAND ELEMENTARY SCHOOL Primary Regular 485 44 5
NEWPORT MILL MIDDLE SCHOOL Middle Regular 580 44 7
ALBERT EINSTEIN HIGH SCHOOL High Regular 1,595 100 5

HIGHLAND ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 485
  • # of teachers: 44
5
GreatSchools Rating

NEWPORT MILL MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 580
  • # of teachers: 44
7
GreatSchools Rating

ALBERT EINSTEIN HIGH SCHOOL

  • Education Level: High
  • # of students: 1,595
  • # of teachers: 100
5
GreatSchools Rating
 

Financial Details

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Neighborhood

Connecticut Avenue Estates

  • 10,438

    POPULATION
  • 2,802

    HOUSEHOLDS
  • 47.5%

    WHITE COLLAR

Neighborhood : Connecticut Avenue Estates

HOUSEHOLDS
2,802
POPULATION

10,438

18.7%Renters
81.3%Home Owners
LABOR FORCE

 

47.5%White Collar
52.5%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 92% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,613 per month.

MY RENT : $1,613 MEDIAN RENT : $1,767

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 7.7%
>=$1,500 92.3%
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 $1,613 would therefore be considered affordable for annual household incomes greater than $64,520 (12 months x 3.333 x $1,613).

Rent % Affordability
Above $500 94.2%
Above $700 87.6%
Above $1,100 72.8%
Above $1,500 57.7%
Above $1,900 45.5%
HOUSEHOLD INCOME RANGE

Approximately 1,055 of households in this neighborhood have a total annual income of $64,520 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,613 per month.

MINIMUM INCOME RANGE : $64,520

Income % Distribution
<$20K 5.8%
$20K-$35K 13.0%
$35K-$60K 23.4%
$60K-$100K 31.1%
>=$100K 26.6%
COMMUTE TIME DISTRIBUTION

59% of the working population has a commute time of 15 to 44 minutes, 12% has a commute time of 14 minutes or less and 29% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.1%
5-9 mins 3.6%
10-14 mins 7.3%
15-19 mins 10.4%
20-29 mins 19.7%
30-44 mins 28.7%
45-59 mins 13.6%
>60 mins 15.7%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 92% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,613 per month.

MY RENT : $1,613 MEDIAN RENT : $1,767

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 7.7%
>=$1,500 92.3%
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 $1,613 would therefore be considered affordable for annual household incomes greater than $64,520 (12 months x 3.333 x $1,613).

Rent % Affordability
Above $500 94.2%
Above $700 87.6%
Above $1,100 72.8%
Above $1,500 57.7%
Above $1,900 45.5%
HOUSEHOLD INCOME RANGE

Approximately 1,055 of households in this neighborhood have a total annual income of $64,520 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,613 per month.

MINIMUM INCOME RANGE : $64,520

Income % Distribution
<$20K 5.8%
$20K-$35K 13.0%
$35K-$60K 23.4%
$60K-$100K 31.1%
>=$100K 26.6%
COMMUTE TIME DISTRIBUTION

59% of the working population has a commute time of 15 to 44 minutes, 12% has a commute time of 14 minutes or less and 29% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.1%
5-9 mins 3.6%
10-14 mins 7.3%
15-19 mins 10.4%
20-29 mins 19.7%
30-44 mins 28.7%
45-59 mins 13.6%
>60 mins 15.7%

Connecticut Avenue Estates Demographics

INDUSTRY

Industry % Distribution
Administrative Support 8.5%
Arts & Entertainment 16.3%
Construction 10.8%
Health Care & Social Assistance 13.2%
Professional & Scientific Tech Services 6.3%
Retail & Wholesale Trader 11.4%
Other 33.5%
AGE DISTRIBUTION

59% of the population is between the ages of 25 and 64, 32% is 24 or younger and 10% is 65 or older.

Age % Distribution
<15 18.5%
15-19 5.5%
20-24 7.5%
25-44 32.3%
45-65 26.3%
66+ 9.9%
OCCUPATION

Occupation % Distribution
Clean 9.6%
Education 8.6%
Management, Business, & Financial 12.9%
Natural Resources Maintenance 14.5%
Production & Transportation 8.5%
Sales & Office 19.8%
Other 26.1%
HIGHEST EDUCATION LEVEL

11% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 4.2%
High School 29.1%
Masters Degree 5.7%
Some College 18.6%
Some High School 25.1%
Other 17.4%

12119 Centerhill St Comps

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12119 Centerhill St, Wheaton, MD 20902 is a single family home of 1,008 sqft. HomeUnion INVESTimateĀ® for 12119 Centerhill St includes a Price Estimate of $231,567 and a Rent Estimate of $1,642. This single family home has 0 bedrooms,1 bathrooms, and was built in 1950. This property has an estimated 15 year annualized Yield of 8.51% and Total Return of 23.88%. The estimated 1 year forecast in home value for 12119 Centerhill St is 4.61%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in MD , MONTGOMERY County , or the 20902 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2