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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

361 Basin Run Rd Conowingo, MD 21918

0 Beds 1 Baths 1,220 sqft Built 1900
Last updated:  Jul 30, 2018

INVESTimate

$101,076

$95.3K - $107K

Price Est.

$1,248

$1.2K - $1.3K

Rent Est.

$106,716  ( +5.58%)   1 YR EST. FORECAST
  
  
  

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361 Basin Run Rd PROPERTY INFO

FACTS
  • Built In 1900
  • Price/Sqft : $82.85
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,220 sqft
  • Baths : 1 Full

361 Basin Run Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
CONOWINGO ELEMENTARY SCHOOL Primary Regular 542 35 7
PERRYVILLE MIDDLE SCHOOL Middle Regular 597 45 6
PERRYVILLE HIGH SCHOOL High Regular 812 65 6

CONOWINGO ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 542
  • # of teachers: 35
7
GreatSchools Rating

PERRYVILLE MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 597
  • # of teachers: 45
6
GreatSchools Rating

PERRYVILLE HIGH SCHOOL

  • Education Level: High
  • # of students: 812
  • # of teachers: 65
6
GreatSchools Rating
 

Financial Details

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Neighborhood

CONOWINGO

  • 3,749

    POPULATION
  • 1,341

    HOUSEHOLDS
  • 57.1%

    WHITE COLLAR

Neighborhood : CONOWINGO

HOUSEHOLDS
1,341
POPULATION

3,749

10.3%Renters
89.7%Home Owners
LABOR FORCE

 

57.1%White Collar
42.9%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 77% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,122 per month.

MY RENT : $1,122 MEDIAN RENT : $1,321

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 1.6%
$900-999 7.2%
$1,000-1,499 59.4%
>=$1,500 31.8%
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 $1,122 would therefore be considered affordable for annual household incomes greater than $44,880 (12 months x 3.333 x $1,122).

Rent % Affordability
Above $500 91.8%
Above $700 88.0%
Above $1,100 76.2%
Above $1,500 56.4%
Above $1,900 50.2%
HOUSEHOLD INCOME RANGE

Approximately 848 of households in this neighborhood have a total annual income of $44,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,122 per month.

MINIMUM INCOME RANGE : $44,880

Income % Distribution
<$20K 8.2%
$20K-$35K 8.1%
$35K-$60K 27.3%
$60K-$100K 20.3%
>=$100K 36.1%
COMMUTE TIME DISTRIBUTION

55% of the working population has a commute time of 15 to 44 minutes, 13% has a commute time of 14 minutes or less and 31% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.6%
5-9 mins 4.0%
10-14 mins 6.7%
15-19 mins 7.6%
20-29 mins 12.6%
30-44 mins 35.3%
45-59 mins 11.9%
>60 mins 19.4%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 77% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,122 per month.

MY RENT : $1,122 MEDIAN RENT : $1,321

Rent % Distribution
$500-699 0.0%
$700-899 1.6%
$900-999 7.2%
$1,000-1,499 59.4%
>=$1,500 31.8%
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 $1,122 would therefore be considered affordable for annual household incomes greater than $44,880 (12 months x 3.333 x $1,122).

Rent % Affordability
Above $500 91.8%
Above $700 88.0%
Above $1,100 76.2%
Above $1,500 56.4%
Above $1,900 50.2%
HOUSEHOLD INCOME RANGE

Approximately 848 of households in this neighborhood have a total annual income of $44,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,122 per month.

MINIMUM INCOME RANGE : $44,880

Income % Distribution
<$20K 8.2%
$20K-$35K 8.1%
$35K-$60K 27.3%
$60K-$100K 20.3%
>=$100K 36.1%
COMMUTE TIME DISTRIBUTION

55% of the working population has a commute time of 15 to 44 minutes, 13% has a commute time of 14 minutes or less and 31% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.6%
5-9 mins 4.0%
10-14 mins 6.7%
15-19 mins 7.6%
20-29 mins 12.6%
30-44 mins 35.3%
45-59 mins 11.9%
>60 mins 19.4%

CONOWINGO Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 8.7%
Construction 9.3%
Educational Services 9.2%
Health Care & Social Assistance 13.5%
Manufacturing 11.6%
Retail & Wholesale Trader 12.6%
Other 35.1%
AGE DISTRIBUTION

56% of the population is between the ages of 25 and 64, 31% is 24 or younger and 13% is 65 or older.

Age % Distribution
<15 16.1%
15-19 7.2%
20-24 7.4%
25-44 19.8%
45-65 36.2%
66+ 13.3%
OCCUPATION

Occupation % Distribution
Computer Engineering 11.2%
Healthcare 7.5%
Management, Business, & Financial 13.8%
Natural Resources Maintenance 18.2%
Production & Transportation 14.4%
Sales & Office 16.4%
Other 18.5%
HIGHEST EDUCATION LEVEL

14% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 8.0%
High School 46.4%
Masters Degree 3.6%
Some College 18.1%
Some High School 10.6%
Other 13.2%

361 Basin Run Rd Comps

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361 Basin Run Rd, Conowingo, MD 21918 is a single family home of 1,220 sqft. HomeUnion INVESTimateĀ® for 361 Basin Run Rd includes a Price Estimate of $101,076 and a Rent Estimate of $1,248. This single family home has 0 bedrooms,1 bathrooms, and was built in 1900. This property has an estimated 15 year annualized Yield of 14.82% and Total Return of 34.19%. The estimated 1 year forecast in home value for 361 Basin Run Rd is 5.58%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in MD , CECIL County , or the 21918 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2