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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

7311 Falling Leaves Ct Marriottsville, MD 21104

0 Beds 3 Baths 2,568 sqft Built 2002
Last updated:  Jun 30, 2018

INVESTimate

$512,006

$483K - $541K

Price Est.

$2,606

$2.4K - $2.9K

Rent Est.

$521,632  ( +1.88%)   1 YR EST. FORECAST
  
  
  

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7311 Falling Leaves Ct PROPERTY INFO

FACTS
  • Built In 2002
  • Price/Sqft : $199.38
CONSTRUCTION
  • Beds : 0
  • Floor Size : 2,568 sqft
  • Baths : 2 Full 1 Half

7311 Falling Leaves Ct SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
CARROLLTOWNE ELEMENTARY SCHOOL Primary Regular 587 46 9
OKLAHOMA ROAD MIDDLE SCHOOL Middle Regular 787 49 10
LIBERTY HIGH SCHOOL High Regular 1,166 67 9

CARROLLTOWNE ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 587
  • # of teachers: 46
9
GreatSchools Rating

OKLAHOMA ROAD MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 787
  • # of teachers: 49
10
GreatSchools Rating

LIBERTY HIGH SCHOOL

  • Education Level: High
  • # of students: 1,166
  • # of teachers: 67
9
GreatSchools Rating
 

Financial Details

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Neighborhood

MARRIOTTSVILLE

  • 5,106

    POPULATION
  • 1,723

    HOUSEHOLDS
  • 80.8%

    WHITE COLLAR

Neighborhood : MARRIOTTSVILLE

HOUSEHOLDS
1,723
POPULATION

5,106

5.6%Renters
94.4%Home Owners
LABOR FORCE

 

80.8%White Collar
19.1%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 97% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,377 per month.

MY RENT : $2,377 MEDIAN RENT : $2,404

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 3.1%
>=$1,500 96.9%
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 $2,377 would therefore be considered affordable for annual household incomes greater than $95,080 (12 months x 3.333 x $2,377).

Rent % Affordability
Above $500 95.5%
Above $700 93.7%
Above $1,100 86.0%
Above $1,500 80.9%
Above $1,900 74.6%
HOUSEHOLD INCOME RANGE

Approximately 1,112 of households in this neighborhood have a total annual income of $95,080 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,377 per month.

MINIMUM INCOME RANGE : $95,080

Income % Distribution
<$20K 4.5%
$20K-$35K 5.2%
$35K-$60K 9.3%
$60K-$100K 17.2%
>=$100K 63.7%
COMMUTE TIME DISTRIBUTION

65% of the working population has a commute time of 15 to 44 minutes, 12% has a commute time of 14 minutes or less and 23% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.3%
5-9 mins 6.4%
10-14 mins 5.7%
15-19 mins 6.9%
20-29 mins 23.1%
30-44 mins 34.9%
45-59 mins 11.7%
>60 mins 11.0%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 97% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,377 per month.

MY RENT : $2,377 MEDIAN RENT : $2,404

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 3.1%
>=$1,500 96.9%
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 $2,377 would therefore be considered affordable for annual household incomes greater than $95,080 (12 months x 3.333 x $2,377).

Rent % Affordability
Above $500 95.5%
Above $700 93.7%
Above $1,100 86.0%
Above $1,500 80.9%
Above $1,900 74.6%
HOUSEHOLD INCOME RANGE

Approximately 1,112 of households in this neighborhood have a total annual income of $95,080 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,377 per month.

MINIMUM INCOME RANGE : $95,080

Income % Distribution
<$20K 4.5%
$20K-$35K 5.2%
$35K-$60K 9.3%
$60K-$100K 17.2%
>=$100K 63.7%
COMMUTE TIME DISTRIBUTION

65% of the working population has a commute time of 15 to 44 minutes, 12% has a commute time of 14 minutes or less and 23% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.3%
5-9 mins 6.4%
10-14 mins 5.7%
15-19 mins 6.9%
20-29 mins 23.1%
30-44 mins 34.9%
45-59 mins 11.7%
>60 mins 11.0%

MARRIOTTSVILLE Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 9.1%
Educational Services 12.3%
Health Care & Social Assistance 13.4%
Professional & Scientific Tech Services 17.5%
Public Administration 11.7%
Retail & Wholesale Trader 8.1%
Other 27.9%
AGE DISTRIBUTION

49% of the population is between the ages of 25 and 64, 32% is 24 or younger and 19% is 65 or older.

Age % Distribution
<15 16.5%
15-19 7.7%
20-24 7.4%
25-44 17.5%
45-65 31.5%
66+ 19.4%
OCCUPATION

Occupation % Distribution
Computer Engineering 17.4%
Construction 6.5%
Healthcare 5.5%
Management, Business, & Financial 31.9%
Natural Resources Maintenance 8.5%
Sales & Office 16.4%
Other 13.8%
HIGHEST EDUCATION LEVEL

30% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 5.5%
High School 17.9%
Masters Degree 18.6%
Some College 17.9%
Some High School 3.0%
Other 37.1%

7311 Falling Leaves Ct Comps

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7311 Falling Leaves Ct, Marriottsville, MD 21104 is a single family home of 2,568 sqft. HomeUnion INVESTimateĀ® for 7311 Falling Leaves Ct includes a Price Estimate of $512,006 and a Rent Estimate of $2,606. This single family home has 0 bedrooms,3 bathrooms, and was built in 2002. This property has an estimated 15 year annualized Yield of 6.11% and Total Return of 12.54%. The estimated 1 year forecast in home value for 7311 Falling Leaves Ct is 1.88%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in MD , CARROLL County , or the 21104 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2