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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

1636 Gibbons Rd Point Of Rocks, MD 21777

0 Beds 1 Baths 1,100 sqft Built 1969
Last updated:  May 30, 2018

INVESTimate

$224,146

$210K - $238K

Price Est.

$966

901 - $1.0K

Rent Est.

$228,920  ( +2.13%)   1 YR EST. FORECAST
  
  
  

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1636 Gibbons Rd PROPERTY INFO

FACTS
  • Built In 1969
  • Price/Sqft : $203.77
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,100 sqft
  • Baths : 1 Full

1636 Gibbons Rd 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 98% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $989 per month.

MY RENT : $989 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 $989 would therefore be considered affordable for annual household incomes greater than $39,560 (12 months x 3.333 x $989).

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 494 of households in this neighborhood have a total annual income of $39,560 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $989 per month.

MINIMUM INCOME RANGE : $39,560

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 98% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $989 per month.

MY RENT : $989 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 $989 would therefore be considered affordable for annual household incomes greater than $39,560 (12 months x 3.333 x $989).

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 494 of households in this neighborhood have a total annual income of $39,560 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $989 per month.

MINIMUM INCOME RANGE : $39,560

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%
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%

1636 Gibbons Rd Comps

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1636 Gibbons Rd, Point Of Rocks, MD 21777 is a single family home of 1,100 sqft. HomeUnion INVESTimateĀ® for 1636 Gibbons Rd includes a Price Estimate of $224,146 and a Rent Estimate of $966. This single family home has 0 bedrooms,1 bathrooms, and was built in 1969. This property has an estimated 15 year annualized Yield of 5.17% and Total Return of 9.36%. The estimated 1 year forecast in home value for 1636 Gibbons Rd 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