1. < Thomas Ct

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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

1596 Thomas Ct Point Of Rocks, MD 21777

0 Beds 1 Baths 900 sqft Built 1968
Last updated:  May 30, 2018

INVESTimate

$159,807

$150K - $170K

Price Est.

$978

913 - $1.0K

Rent Est.

$53,849

Investment Est.

$163,211  ( +2.13%)   1 YR EST. FORECAST

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1596 Thomas Ct PROPERTY INFO

FACTS
  • Built In 1968
  • Price/Sqft : $177.56
CONSTRUCTION
  • Beds : 0
  • Floor Size : 900 sqft
  • Baths : 1 Full

1596 Thomas Ct SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
VALLEY ELEMENTARY SCHOOL Primary Regular 430 29 8
BRUNSWICK MIDDLE SCHOOL Middle Regular 526 39 7
BRUNSWICK HIGH SCHOOL High Regular 773 44 7

VALLEY ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 430
  • # of teachers: 29
8
GreatSchools Rating

BRUNSWICK MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 526
  • # of teachers: 39
7
GreatSchools Rating

BRUNSWICK HIGH SCHOOL

  • Education Level: High
  • # of students: 773
  • # of teachers: 44
7
GreatSchools Rating
 

Financial Details

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Neighborhood

POINT OF ROCKS

  • 1,712

    POPULATION

  • 588

    HOUSEHOLDS

  • 74.3%

    WHITE COLLAR

Neighborhood : POINT OF ROCKS

HOUSEHOLDS
588
POPULATION

1,712

8.1%Renters
91.9%Home Owners
LABOR FORCE

 

74.3%White Collar
25.7%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 93% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,069 per month.

MY RENT : $1,069 MEDIAN RENT : $1,847

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 2.2%
$1,000-1,499 33.8%
>=$1,500 64.1%
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 $1,069 would therefore be considered affordable for annual household incomes greater than $42,760 (12 months x 3.333 x $1,069).

Rent % Affordability
Above $500 99.3%
Above $700 94.9%
Above $1,100 88.1%
Above $1,500 79.1%
Above $1,900 72.6%
HOUSEHOLD INCOME RANGE

Approximately 490 of households in this neighborhood have a total annual income of $42,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,069 per month.

MINIMUM INCOME RANGE : $42,760

Income % Distribution
<$20K 0.7%
$20K-$35K 5.6%
$35K-$60K 14.6%
$60K-$100K 19.4%
>=$100K 59.7%
COMMUTE TIME DISTRIBUTION

51% of the working population has a commute time of 15 to 44 minutes, 4% has a commute time of 14 minutes or less and 44% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 1.4%
10-14 mins 2.7%
15-19 mins 7.8%
20-29 mins 19.0%
30-44 mins 24.7%
45-59 mins 13.8%
>60 mins 30.6%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 93% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,069 per month.

MY RENT : $1,069 MEDIAN RENT : $1,847

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 2.2%
$1,000-1,499 33.8%
>=$1,500 64.1%
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 $1,069 would therefore be considered affordable for annual household incomes greater than $42,760 (12 months x 3.333 x $1,069).

Rent % Affordability
Above $500 99.3%
Above $700 94.9%
Above $1,100 88.1%
Above $1,500 79.1%
Above $1,900 72.6%
HOUSEHOLD INCOME RANGE

Approximately 490 of households in this neighborhood have a total annual income of $42,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,069 per month.

MINIMUM INCOME RANGE : $42,760

Income % Distribution
<$20K 0.7%
$20K-$35K 5.6%
$35K-$60K 14.6%
$60K-$100K 19.4%
>=$100K 59.7%
COMMUTE TIME DISTRIBUTION

51% of the working population has a commute time of 15 to 44 minutes, 4% has a commute time of 14 minutes or less and 44% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 1.4%
10-14 mins 2.7%
15-19 mins 7.8%
20-29 mins 19.0%
30-44 mins 24.7%
45-59 mins 13.8%
>60 mins 30.6%
POINT OF ROCKS Demographics
INDUSTRY

           

Industry % Distribution
Construction 8.1%
Educational Services 9.1%
Health Care & Social Assistance 7.0%
Manufacturing 9.2%
Professional & Scientific Tech Services 10.8%
Public Administration 17.4%
Other 38.3%
OCCUPATION

           

Occupation % Distribution
Computer Engineering 13.2%
Construction 8.4%
Healthcare 5.9%
Management, Business, & Financial 28.8%
Natural Resources Maintenance 10.6%
Sales & Office 14.6%
Other 18.3%
AGE DISTRIBUTION

46% of the population is between the ages of 25 and 64, 33% is 24 or younger and 22% is 65 or older.

Age % Distribution
<15 19.7%
15-19 10.2%
20-24 2.4%
25-44 26.1%
45-65 28.9%
66+ 12.7%
HIGHEST EDUCATION LEVEL

12% of adults 25 and older have an education level of a bachelorā??s degree or higher.

Education Level % Distribution
Associates Degree 6.8%
High School 25.7%
Masters Degree 14.9%
Some College 15.1%
Some High School 7.4%
Other 30.1%

POINT OF ROCKS Demographics

INDUSTRY

Industry % Distribution
Construction 8.1%
Educational Services 9.1%
Health Care & Social Assistance 7.0%
Manufacturing 9.2%
Professional & Scientific Tech Services 10.8%
Public Administration 17.4%
Other 38.3%
AGE DISTRIBUTION

55% of the population is between the ages of 25 and 64, 32% is 24 or younger and 13% is 65 or older.

Age % Distribution
<15 19.7%
15-19 10.2%
20-24 2.4%
25-44 26.1%
45-65 28.9%
66+ 12.7%
OCCUPATION

Occupation % Distribution
Computer Engineering 13.2%
Construction 8.4%
Healthcare 5.9%
Management, Business, & Financial 28.8%
Natural Resources Maintenance 10.6%
Sales & Office 14.6%
Other 18.3%
HIGHEST EDUCATION LEVEL

24% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 6.8%
High School 25.7%
Masters Degree 14.9%
Some College 15.1%
Some High School 7.4%
Other 30.1%

1596 Thomas Ct Comps

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1596 Thomas Ct, Point Of Rocks, MD 21777 is a single family home of 900 sqft. HomeUnion INVESTimateĀ® for 1596 Thomas Ct includes a Price Estimate of $159,807 and a Rent Estimate of $978. This single family home has 0 bedrooms,1 bathrooms, and was built in 1968. This property has an estimated 15 year annualized Yield of 7.34% and Total Return of 15.53%. The estimated 1 year forecast in home value for 1596 Thomas Ct is 2.13%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in MD , FREDERICK County , or the 21777 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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