4411 Falls Bridge Dr Unit B · Baltimore, MD 21211

$99,999

2 bd · 1.0 ba · 672 sqft · Condo public records · 25 Days on market

Built 1990 $387/mo HOA · 23% of rent

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Why this score? — see what drove the C+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +24.9/30.0
• 1% rule +10.0/10.0
• DSCR +8.1/10.0
• ARV discount +7.5/15.0
• Livability +3.8/5.0
• Rent growth +3.6/5.0
• Condition / age +2.5/5.0
• Schools +1.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Not FHA Approved. Possibly approved using conventional with portfolio lender. Experience the charm of this meticulously maintained 2-bedroom condo situated in the sought-after Highpointe Condominium community of Medfield. Boasting excellent condition, this home has undergone recent renovations, featuring new stainless steel appliances, updated countertops, and a gorgeously tiled bathroom. Benefit from its convenient location, offering easy access to the train for downtown commuters and the delightful walking neighborhoods of Hamden and Roland Park just a few steps away. Additionally, enjoy the convenience of an on-site laundry facility within the building.

Key facts

• Community pool
• Ample parking
• Conveniently located

Tags

• AMPLE PARKING
• COMMUNITY POOL
• AFFORDABLE MONTHLY CONDO FEE
• CONVENIENTLY LOCATED

Property features AI

Finance

• Other: Pets allowed with no stated restrictions; Estimated year built
• Financial info: Lease not considered
• HOA & community: Monthly condo fee of $387; HOA fee covers common area maintenance, insurance, pool(s), snow removal, and trash; Property manager present

Exterior

• Parking: On-street parking
• Utilities: Public water; Public sewer; Municipal trash service
• Home design: Condominium penthouse unit; Garden-style building (1–4 floors); Entry on floor 1; In city limits
• Construction: Brick construction; Above-grade unit
• Exterior features: Community pool; No tidal water

Interior

• Bedrooms: 2 bedrooms on main level; Total of 3 rooms (includes 2 bedrooms and 1 bathroom)
• Bathrooms: 1 full bathroom on main level; 1 full bathroom total
• Heating & cooling: Central heating (natural gas); Central air conditioning (electric); Circuit breaker electrical service; Natural gas hot water
• Interior features: Assessor-reported living area; No basement
• Laundry & utility: No in-unit washer/dryer hookup; Building offers laundry facilities

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath condo listed at $100k.

Deal economics

• At list price, monthly cash flow is $214 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $100k).
• Recommended offer: $98k (1.5% below list) — sets the bar for market timing.
• Cap rate 8.9% vs local median 6.0% in Baltimore — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 76/100 on livability (#90 in MD, #3,396 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, housing A+; Watch: schools D, crime F.
• Baltimore City Public Schools (urban): math 7% / reading 16% proficiency, ranked #24 of 24 in MD (top 100%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 79% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+4.3%/yr); 91 active listings in the ZIP; 21 comparable units currently listed for rent nearby; rentals leasing fast (median 13d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 1,273 units permitted in Baltimore city in 2024 (1,104 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $691 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Baltimore County population projected to shrink 4% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-3.0% appreciation + 4.3% rent growth), your $28k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 25 days — a 2% lower offer ($98k) is reasonable based on typical stale-listing flexibility.
• 9 sale attempts since 20y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: HOA is 23% of rent.
• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $98,499 (1.5% below list)

Questions for the listing agent

1. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
2. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
5. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.68% ✓
• Cap rate: 8.86%
• Cash-on-cash: 9.16%
• DSCR: 1.41
• GRM: 5.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 4.32% rent growth · sell at horizon

5-year hold

• IRR: -0.0%
• Equity multiple: 1.00×
• Total profit: $-43
• Equity at exit: $14,910

10-year hold

• IRR: 11.7%
• Equity multiple: 2.01×
• Total profit: $28,180
• Equity at exit: $8,646

Cash invested: $28,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (CITY): 12 Strongly Tenant-Friendly
• State Maryland: 27 Tenant-Leaning · D+14
• County: — inherits STATE
• City Baltimore: 12 Strongly Tenant-Friendly · D+58

Just-cause for tenancies > 1 yr.

Methodology + full state rankings →

ZIP-level market 21211

• Rents YoY: 4.3%
• Active inventory: 91
• Price-to-rent: 5.0×

Monthly cashflow live

• Estimated rent: $1,680 high
• Mortgage (P&I): −$524
• Tax from tax record: −$160 /mo · $1,924/yr
• Insurance: −$42
• HOA: −$387
• Vacancy / Maint / Mgmt: −$353
• Net cashflow: $214

Break-even live

Break-even rent $1,409

Max offer price $99,999

Occupancy floor 82%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $25,000
• Closing costs: $3,000
• Reserves months: —
• Total cash needed: —

Rent comps 21 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4411 Falls Bridge Dr Unit L Baltimore, MD	2.0	1.0	700	$1,395	$1.99	43d	1	0.03mi
4412 La Plata Ave Baltimore, MD	1.0–2.0	1.0	650	$1,534	$2.36	2d	12	0.12mi
2001 W Cold Spring Ln Baltimore, MD	1.0–3.0	1.0–2.0	1154	$2,690	$2.33	1d	31	0.25mi
1130 Falls Hill Dr Baltimore, MD	1.0–2.0	1.0	529	$1,350	$2.55	2d	8	0.41mi
4233 Hickory Ave Baltimore, MD	2.0	1.0	650	$1,312	$2.02	23d	5	0.50mi
3934 Flamingo Pl Baltimore, MD	1.0	1.0	638	$1,500	$2.35	4d	1	0.68mi
3923 Roland Ave Baltimore, MD	1.0	1.0	675	$1,800	$2.67	23d	1	0.86mi
4936 Lanier Ave Baltimore, MD	1.0–2.0	1.0	750	$1,370	$1.83	3d	5	1.03mi
4910 Poe Ave Unit 2 Baltimore, MD	2.0	1.0	750	$990	$1.32	23d	1	1.07mi
505 W University Pkwy Apt B22 Baltimore, MD	1.0	1.0	650	$1,400	$2.15	43d	1	1.15mi
505 W University Pkwy Unit D4 Baltimore, MD	1.0	1.0	700	$1,400	$2.00	4d	1	1.15mi
500 W University Pkwy Baltimore, MD	3.0	1.0–2.0	955	$2,537	$2.65	1d	60	1.20mi
1701 Mount Washington Ct Unit D Baltimore, MD	1.0	1.0	546	$1,300	$2.38	16d	1	1.29mi
3429 Chestnut Ave Unit 2 Baltimore, MD	2.0	1.5	750	$1,899	$2.53	23d	1	1.32mi
105 W 39th St Baltimore, MD	2.0	1.0	753	$2,250	$2.99	4d	1	1.36mi
112 W University Pkwy Unit 1335981P Baltimore, MD	1.0	1.0	624	$1,923	$3.08	14d	1	1.36mi
3016 Thorndale Ave Baltimore, MD	1.0–3.0	1.0	700	$1,020	$1.46	4d	14	1.37mi
3100 Fallscliff Rd Baltimore, MD	2.0	1.0–2.0	729	$2,660	$3.65	2d	10	1.43mi
4037 Edgewood Rd Unit 1 Baltimore, MD	2.0	1.0	726	$1,100	$1.52	43d	1	1.43mi
3811 Canterbury Rd Baltimore, MD	2.0	1.0–2.0	975	$2,495	$2.56	12d	5	1.48mi
4008 Hilton Rd Unit 1st Fl Baltimore, MD	2.0	1.0	750	$1,295	$1.73	43d	1	1.50mi

HOA detail condo

• Monthly dues: $387 · $4,644/yr
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 29 events

1. 2026-05-14
   status Pending
2. 2026-05-10
   status Active
3. 2026-05-01
   status Pending
4. 2026-04-10
   listed $99,999 Active
5. 2024-03-21
   soldstatus $95,000
6. 2024-02-22
   soldstatus $95,000 Closed 664-char remark

   Show marketing remark (664 chars)

   Not FHA Approved. Possibly approved using conventional with portfolio lender. Experience the charm of this meticulously maintained 2-bedroom condo situated in the sought-after Highpointe Condominium community of Medfield. Boasting excellent condition, this home has undergone recent renovations, featuring new stainless steel appliances, updated countertops, and a gorgeously tiled bathroom. Benefit from its convenient location, offering easy access to the train for downtown commuters and the delightful walking neighborhoods of Hamden and Roland Park just a few steps away. Additionally, enjoy the convenience of an on-site laundry facility within the building.

7. 2024-02-07
   historical Active Under Contract 664-char remark

   Show marketing remark (664 chars)

   Not FHA Approved. Possibly approved using conventional with portfolio lender. Experience the charm of this meticulously maintained 2-bedroom condo situated in the sought-after Highpointe Condominium community of Medfield. Boasting excellent condition, this home has undergone recent renovations, featuring new stainless steel appliances, updated countertops, and a gorgeously tiled bathroom. Benefit from its convenient location, offering easy access to the train for downtown commuters and the delightful walking neighborhoods of Hamden and Roland Park just a few steps away. Additionally, enjoy the convenience of an on-site laundry facility within the building.

8. 2024-01-18
   listed $110,000 Active 664-char remark

   Show marketing remark (664 chars)

   Not FHA Approved. Possibly approved using conventional with portfolio lender. Experience the charm of this meticulously maintained 2-bedroom condo situated in the sought-after Highpointe Condominium community of Medfield. Boasting excellent condition, this home has undergone recent renovations, featuring new stainless steel appliances, updated countertops, and a gorgeously tiled bathroom. Benefit from its convenient location, offering easy access to the train for downtown commuters and the delightful walking neighborhoods of Hamden and Roland Park just a few steps away. Additionally, enjoy the convenience of an on-site laundry facility within the building.

9. 2022-03-15
   soldstatus $80,000
10. 2022-02-15
    soldstatus $80,000 Closed 350-char remark

    Show marketing remark (350 chars)

    Updated 2-BR Condo in the popular Highpointe Condominium community of Medfield. This home is in great condition. With close proximity to the train for downtown commuters and the lovely walking neighborhoods of Hamden and Roland Park just feet away! Come take a visit today and make this your new home! Coin-operated laundry facility in the building

11. 2022-02-08
    status Pending 350-char remark

    Show marketing remark (350 chars)

    Updated 2-BR Condo in the popular Highpointe Condominium community of Medfield. This home is in great condition. With close proximity to the train for downtown commuters and the lovely walking neighborhoods of Hamden and Roland Park just feet away! Come take a visit today and make this your new home! Coin-operated laundry facility in the building

12. 2022-01-24
    historical Active Under Contract 350-char remark

    Show marketing remark (350 chars)

    Updated 2-BR Condo in the popular Highpointe Condominium community of Medfield. This home is in great condition. With close proximity to the train for downtown commuters and the lovely walking neighborhoods of Hamden and Roland Park just feet away! Come take a visit today and make this your new home! Coin-operated laundry facility in the building

13. 2022-01-15
    status Active 350-char remark

    Show marketing remark (350 chars)

    Updated 2-BR Condo in the popular Highpointe Condominium community of Medfield. This home is in great condition. With close proximity to the train for downtown commuters and the lovely walking neighborhoods of Hamden and Roland Park just feet away! Come take a visit today and make this your new home! Coin-operated laundry facility in the building

14. 2022-01-14
    historical Active Under Contract 350-char remark

    Show marketing remark (350 chars)

    Updated 2-BR Condo in the popular Highpointe Condominium community of Medfield. This home is in great condition. With close proximity to the train for downtown commuters and the lovely walking neighborhoods of Hamden and Roland Park just feet away! Come take a visit today and make this your new home! Coin-operated laundry facility in the building

15. 2022-01-07
    status Active 350-char remark

    Show marketing remark (350 chars)

    Updated 2-BR Condo in the popular Highpointe Condominium community of Medfield. This home is in great condition. With close proximity to the train for downtown commuters and the lovely walking neighborhoods of Hamden and Roland Park just feet away! Come take a visit today and make this your new home! Coin-operated laundry facility in the building

16. 2022-01-06
    historical 350-char remark

    Show marketing remark (350 chars)

    Updated 2-BR Condo in the popular Highpointe Condominium community of Medfield. This home is in great condition. With close proximity to the train for downtown commuters and the lovely walking neighborhoods of Hamden and Roland Park just feet away! Come take a visit today and make this your new home! Coin-operated laundry facility in the building

17. 2021-12-04
    listed $95,000 Active 350-char remark

    Show marketing remark (350 chars)

    Updated 2-BR Condo in the popular Highpointe Condominium community of Medfield. This home is in great condition. With close proximity to the train for downtown commuters and the lovely walking neighborhoods of Hamden and Roland Park just feet away! Come take a visit today and make this your new home! Coin-operated laundry facility in the building

18. 2021-11-26
    historical
19. 2021-11-13
    listed $80,000 Active
20. 2021-11-02
    soldstatus $47,000
21. 2008-10-10
    soldstatus $116,500
22. 2008-09-23
    soldstatus $116,500 Sold
23. 2008-08-20
    historical
24. 2008-08-08
    listed $118,000
25. 2006-11-16
    soldstatus $81,000
26. 2006-10-27
    soldstatus $81,000
27. 2006-08-30
    historical
28. 2006-08-27
    listed $80,000
29. 1991-06-17
    soldstatus $57,900

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast MD · Partial reset (capped growth)

• Current annual tax: $1,924 · $160/mo
• Projected year-2 tax: $1,924 · $160/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 7/10 Severe 7 d/yr ≥104°F today · 15 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 6 unhealthy d/yr today · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,159
• − Mortgage interest: −$5,601
• − Property taxes: −$1,924
• − Insurance: −$500
• − Repairs & maintenance: −$1,613
• − Management: −$1,613
• − HOA: −$4,644
• − Depreciation: −$2,909
• Taxable income: $1,356
• Est. tax owed @ 24.0%: −$325
• After-tax cash flow: $2,240/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Baltimore City Public Schools
• NCES district ID: 2400090
• Math proficiency: 7% ▼ -9.00%
• Reading proficiency: 16% ▼ -5.00%
• Median HH income: $42,108
• Composite: 10.08/100
• National rank: #9805
• State rank: #24 of 24 in MD

Livability — Baltimore

• Score: 76/100
• State rank: #90
• US rank: #3396

Category grades

Amenities A+ Commute A+ Cost of living A- Crime F Employment C Housing A+ Health & safety A+ User ratings D-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Baltimore, MD
• County: Baltimore City · 558,601 people
• City population: 588,727
• Metro: Baltimore-Columbia-Towson, MD
• Population (ZIP): 14,969
• Household income: $82,828
• Rent vs Own: 39.5% rent · 60.5% own
• Severe rent burden: 635.0

Population outlook (Baltimore County) Hauer SSP2

• Today (2025): 624,249 people
• By 2030: 621,541 · -0.4%
• By 2040: 609,756 · -2.3%
• By 2050: 597,249 · -4.3%
• By 2075: 552,236 · -11.5%
• By 2100: 513,934 · -17.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (73%)
• Race & ethnicity: White 73% Black 10% Two or more races 7% Hispanic / Latino 7% Asian 5% Native American 1%
• Hispanic origin (detail): Mexican 2% Puerto Rican 1%
• Common ancestry: Romanian 5% Italian 2% Slovak 2%
• Foreign-born: 9% · Canada, China, Dominican Republic
• Languages at home: 87% English-only · Spanish 5% Other Indo-European 2% Chinese 1%

Political lean MEDSL · Baltimore

• 2024 margin: Solid D (+73.0) · D 85.2% · R 12.2% · Other 2.6%
• 2008→2024 swing: -2.5pp toward R · 2008: 75.5pp · 2024: 73.0pp
• All cycles: 2024: D+73.0 2020: D+76.6 2016: D+74.6 2012: D+76.4 2008: D+75.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -409.24%
• Current HPI: 458.2576
• Rent YoY: ▲ 4.32%
• Metro: Baltimore-Columbia-Towson, MD
• State GDP YoY: ▲ 2.97%
• F500 in state: 12

Industry mix (Fortune 500 HQ in MD)

Industry	F500 HQs	Revenue
▸Aerospace / Defense	1	$71B
▸Utilities	1	$25B
▸Hotels	1	$24B
▸Consumer Goods	1	$7B
▸Real Estate	1	$6B
▸Chemicals	1	$2B

Price history

+72.7% since first listed

29 events — show timeline

• 2026-05-14 Pending — BRIGHT MLS
• 2026-05-10 Relisted — BRIGHT MLS
• 2026-05-01 Pending — BRIGHT MLS
• 2026-04-10 Listed $99,999 BRIGHT MLS
• 2024-03-21 Sold (Public Records) $95,000 Public Records
• 2024-02-22 Sold (MLS) $95,000 BRIGHT MLS
• 2024-02-07 Contingent — BRIGHT MLS
• 2024-01-18 Listed $110,000 BRIGHT MLS
• 2022-03-15 Sold (Public Records) $80,000 Public Records
• 2022-02-15 Sold (MLS) $80,000 BRIGHT MLS
• 2022-02-08 Pending — BRIGHT MLS
• 2022-01-24 Contingent — BRIGHT MLS
• 2022-01-15 Relisted — BRIGHT MLS
• 2022-01-14 Contingent — BRIGHT MLS
• 2022-01-07 Relisted — BRIGHT MLS
• 2022-01-06 Listing Removed — BRIGHT MLS
• 2021-12-04 Listed $95,000 BRIGHT MLS
• 2021-11-26 Listing Removed — BRIGHT MLS
• 2021-11-13 Listed $80,000 BRIGHT MLS
• 2021-11-02 Sold (Public Records) $47,000 Public Records
• 2008-10-10 Sold (Public Records) $116,500 Public Records
• 2008-09-23 Sold (MLS) $116,500 MRIS
• 2008-08-20 Delisted — MRIS
• 2008-08-08 Listed $118,000 MRIS
• 2006-11-16 Sold (Public Records) $81,000 Public Records
• 2006-10-27 Sold (MLS) $81,000 MRIS
• 2006-08-30 Delisted — MRIS
• 2006-08-27 Listed $80,000 MRIS
• 1991-06-17 Sold (Public Records) $57,900 Public Records

Property tax history

+1.5%/yr

Latest (2025): $1,924 · +4.9% YoY. Source: county tax records.