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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

6829 Hopkins Rd Middle River, MD 21220

0 Beds 2 Baths 1,872 sqft Built 1957
Last updated:  Jun 30, 2018

INVESTimate

$266,256

$253K - $279K

Price Est.

$2,072

$2.0K - $2.2K

Rent Est.

$275,974  ( +3.65%)   1 YR EST. FORECAST
  
  
  

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6829 Hopkins Rd PROPERTY INFO

FACTS
  • Built In 1957
  • Price/Sqft : $142.23
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,872 sqft
  • Baths : 1 Full 1 Half

6829 Hopkins Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
CHASE ELEMENTARY SCHOOL Primary Regular 342 23 6
MIDDLE RIVER MIDDLE SCHOOL Middle Regular 855 62 4
KENWOOD HIGH IB AND SPORTS SCIENCE SCHOOL High Magnet 1,728 117 4

CHASE ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 342
  • # of teachers: 23
6
GreatSchools Rating

MIDDLE RIVER MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 855
  • # of teachers: 62
4
GreatSchools Rating

KENWOOD HIGH IB AND SPORTS SCIENCE SCHOOL

  • Education Level: High
  • # of students: 1,728
  • # of teachers: 117
4
GreatSchools Rating
 

Financial Details

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Neighborhood

MIDDLE RIVER

  • 39,890

    POPULATION
  • 14,947

    HOUSEHOLDS
  • 57.4%

    WHITE COLLAR

Neighborhood : MIDDLE RIVER

HOUSEHOLDS
14,947
POPULATION

39,890

35.2%Renters
64.8%Home Owners
LABOR FORCE

 

57.4%White Collar
42.6%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 54% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,845 per month.

MY RENT : $1,845 MEDIAN RENT : $1,546

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 45.7%
>=$1,500 54.3%
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 $1,845 would therefore be considered affordable for annual household incomes greater than $73,800 (12 months x 3.333 x $1,845).

Rent % Affordability
Above $500 89.7%
Above $700 82.1%
Above $1,100 67.2%
Above $1,500 52.9%
Above $1,900 41.6%
HOUSEHOLD INCOME RANGE

Approximately 5,031 of households in this neighborhood have a total annual income of $73,800 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,845 per month.

MINIMUM INCOME RANGE : $73,800

Income % Distribution
<$20K 10.3%
$20K-$35K 13.0%
$35K-$60K 23.8%
$60K-$100K 26.1%
>=$100K 26.8%
COMMUTE TIME DISTRIBUTION

58% of the working population has a commute time of 15 to 44 minutes, 17% has a commute time of 14 minutes or less and 25% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.6%
5-9 mins 5.8%
10-14 mins 9.1%
15-19 mins 10.9%
20-29 mins 19.2%
30-44 mins 28.0%
45-59 mins 14.0%
>60 mins 11.3%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 54% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,845 per month.

MY RENT : $1,845 MEDIAN RENT : $1,546

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 45.7%
>=$1,500 54.3%
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 $1,845 would therefore be considered affordable for annual household incomes greater than $73,800 (12 months x 3.333 x $1,845).

Rent % Affordability
Above $500 89.7%
Above $700 82.1%
Above $1,100 67.2%
Above $1,500 52.9%
Above $1,900 41.6%
HOUSEHOLD INCOME RANGE

Approximately 5,031 of households in this neighborhood have a total annual income of $73,800 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,845 per month.

MINIMUM INCOME RANGE : $73,800

Income % Distribution
<$20K 10.3%
$20K-$35K 13.0%
$35K-$60K 23.8%
$60K-$100K 26.1%
>=$100K 26.8%
COMMUTE TIME DISTRIBUTION

58% of the working population has a commute time of 15 to 44 minutes, 17% has a commute time of 14 minutes or less and 25% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.6%
5-9 mins 5.8%
10-14 mins 9.1%
15-19 mins 10.9%
20-29 mins 19.2%
30-44 mins 28.0%
45-59 mins 14.0%
>60 mins 11.3%

MIDDLE RIVER Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 7.1%
Construction 9.8%
Educational Services 7.9%
Health Care & Social Assistance 15.9%
Manufacturing 7.5%
Retail & Wholesale Trader 16.0%
Other 35.7%
AGE DISTRIBUTION

55% of the population is between the ages of 25 and 64, 31% is 24 or younger and 14% is 65 or older.

Age % Distribution
<15 19.6%
15-19 5.2%
20-24 5.9%
25-44 27.4%
45-65 27.6%
66+ 14.3%
OCCUPATION

Occupation % Distribution
Computer Engineering 5.2%
Healthcare 11.1%
Management, Business, & Financial 14.7%
Natural Resources Maintenance 12.0%
Production & Transportation 15.5%
Sales & Office 23.5%
Other 18.0%
HIGHEST EDUCATION LEVEL

16% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 7.9%
High School 38.8%
Masters Degree 6.2%
Some College 21.5%
Some High School 12.4%
Other 13.3%

6829 Hopkins Rd Comps

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6829 Hopkins Rd, Middle River, MD 21220 is a single family home of 1,872 sqft. HomeUnion INVESTimateĀ® for 6829 Hopkins Rd includes a Price Estimate of $266,256 and a Rent Estimate of $2,072. This single family home has 0 bedrooms,2 bathrooms, and was built in 1957. This property has an estimated 15 year annualized Yield of 9.34% and Total Return of 23.53%. The estimated 1 year forecast in home value for 6829 Hopkins Rd is 3.65%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in MD , BALTIMORE County , or the 21220 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2