112 Scottown Rd · Queenstown, MD 21658

$209,000

4 bd · 1.0 ba · 1,507 sqft · SingleFamily public records · 60 Days on market

Built 1972 0.58 ac lot ↓ 5% since listing

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Why this score? — see what drove the D- 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 +13.2/30.0
• ARV discount +7.5/15.0
• DSCR +4.0/10.0
• 1% rule +3.3/10.0
• Livability +3.1/5.0
• Schools +3.0/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Opportunity knocks at 112 Scottown Road, offered at $220,000. Ideal for buyers looking to personalize a home or explore investment possibilities. Situated on a level ½‑acre lot, this property provides room to enjoy the outdoors and features a rear deck ideal for relaxing or entertaining. Single family ranch style property includes an addition suitable for use as an in‑law suite, providing flexible living space for extended family, guests, or additional household needs. Large off‑street parking with a driveway. No HOA or community association allows additional flexibility.

Key facts

• Off street parking
• In law suite
• Half acre lot

Tags

• HALF ACRE LOT
• REAR DECK
• IN LAW SUITE
• OFF STREET PARKING
• NO HOA

Property features AI

Exterior

• Parking: Driveway
• Utilities: Electric hot water; Private water source; Septic system
• Home design: Detached property; Building winterized
• Construction: Aluminum siding; Crawl space foundation; Year built per assessor
• Exterior features: Level entry to main; Above-grade and below-grade structures

Interior

• Bedrooms: Four bedrooms on the main level
• Bathrooms: Two full bathrooms; One half bathroom
• Heating & cooling: Baseboard electric heating; Window unit air conditioning (electric)
• Interior features: Stall shower; Tub/shower; Entry-level bedroom; Family room off kitchen

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $209k.

Deal economics

• At list price, monthly cash flow is $-2 ($-26/yr) — negative.
• To cash-flow at today's rent, offer at most $209k (0.2% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $174k (16.8% below list).
• Recommended offer: $174k (16.8% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 62/100 on livability (#308 in MD) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A+; Watch: cost of living D, crime D-, amenities F.
• Queen Anne'S County Public Schools (rural): math 22% / reading 39% proficiency, ranked #7 of 24 in MD (top 29%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Centreville Elementary School (560 students, 33% FRL); Centreville Middle School (math 12% / reading 40%, grade F, #91 of 225 statewide, top 42%, 481 students, 33% FRL); Queen Anne'S County High School (math 56% / reading 66%, grade C+, #65 of 222 statewide, top 31%, 1,209 students, 37% FRL).
• Zoned-school proficiency averages 44% at this address vs 30% district-wide (+13 pts) — the actual schools serving this property are materially stronger than the Queen Anne'S County Public Schools average implies; a family-tenant draw the district grade alone would hide.
• Market conditions: 28 active listings in the ZIP; 320 units permitted in Queen Anne's County in 2024 (56 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 60 days — a 3% lower offer ($203k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 79% chance of damaging wind over 30y; extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $173,976 (16.8% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 60 days. Have you received any prior offers? Is the seller open to a 17% concession, seller financing, or rate buy-down credit?
3. Built in 1972 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. Crime grade is D 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?
7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
8. 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.
9. 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.
10. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.83% ✗
• Cap rate: 6.28%
• Cash-on-cash: -0.04%
• DSCR: 1.00
• GRM: 10.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: -16.4%
• Equity multiple: 0.42×
• Total profit: $-34,021
• Equity at exit: $31,163

10-year hold

• IRR: -8.1%
• Equity multiple: 0.49×
• Total profit: $-29,865
• Equity at exit: $18,071

Cash invested: $58,520 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 27 Tenant-Leaning
• State Maryland: 27 Tenant-Leaning · D+14
• County: — inherits STATE
• City: — inherits STATE

Failure-to-pay is dismissed if cured before judgment; Baltimore has just-cause; strict deposit rules.

Methodology + full state rankings →

ZIP-level market 21658

• Home prices YoY: -9.1%
• Active inventory: 28
• Price-to-rent: 10.0×

Monthly cashflow live

• Estimated rent: $1,740 medium
• Mortgage (P&I): −$1,096
• Tax from tax record: −$193 /mo · $2,322/yr
• Insurance: −$87
• HOA: −$0
• Vacancy / Maint / Mgmt: −$365
• Net cashflow: $-2

Break-even live

Break-even rent $1,743

Max offer price $208,617

Occupancy floor 95%

Sensitivity live

Price	-10% $116	-5% $57	+0% $-2	+5% $-61	+10% $-120
Rent	-10% $-140	-5% $-71	+0% $-2	+5% $67	+10% $135
Rate	-1.0pp $103	-0.5pp $51	base $-2	+0.5pp $-56	+1.0pp $-111

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: $52,250
• Closing costs: $6,270
• Reserves months: —
• Total cash needed: —

Listing history 3 events

1. 2026-04-29
   status Pending
2. 2026-04-01
   price $209,000
3. 2026-02-28
   listed $220,000 Active

ⓘ 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: $2,322 · $193/mo
• Projected year-2 tax: $2,322 · $193/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 2/10 Low
• 🌡 Heat 8/10 Severe 7 d/yr ≥105°F today · 16 d/yr by 30 yrs out
• 💨 Wind 7/10 Severe 79% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,877
• − Mortgage interest: −$11,707
• − Property taxes: −$2,322
• − Insurance: −$1,045
• − Repairs & maintenance: −$1,670
• − Management: −$1,670
• − Depreciation: −$6,080
• Taxable loss: −$3,617
• Est. tax savings @ 24.0%: +$868
• After-tax cash flow: $842/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: Queen Anne'S County Public Schools
• NCES district ID: 2400540
• Math proficiency: 22% ▼ -30.00%
• Reading proficiency: 39% ▼ -22.00%
• Median HH income: $84,577
• Composite: 29.86/100
• National rank: #6406
• State rank: #7 of 24 in MD

Livability — Queenstown

• Score: 62/100
• State rank: #308
• US rank: #16103

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 3,802

Population outlook (Queen Anne's County) Hauer SSP2

• Today (2025): 51,149 people
• By 2030: 51,979 · +1.6%
• By 2040: 52,728 · +3.1%
• By 2050: 51,828 · +1.3%
• By 2075: 50,169 · -1.9%
• By 2100: 44,442 · -13.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (71%)
• Race & ethnicity: White 71% Two or more races 13% Hispanic / Latino 13% Black 8% Asian 1%
• Common ancestry: Romanian 5% Slovak 3% Lithuanian 2%
• Foreign-born: 10% · Canada
• Languages at home: 88% English-only · Spanish 9% Arabic 1% French/Haitian/Cajun 1%

Political lean MEDSL · Queen Anne's

• 2024 margin: Strong R (+27.8) · D 35.1% · R 62.9% · Other 2.1%
• 2008→2024 swing: -0.7pp no change · 2008: -27.1pp · 2024: -27.8pp
• All cycles: 2024: R+27.8 2020: R+26.5 2016: R+36.1 2012: R+30.1 2008: R+27.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -23.00%
• Current HPI: 230.0245
• Rent YoY: —
• Metro: —
• 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

-5.0% since first listed

3 events — show timeline

• 2026-04-29 Pending — BRIGHT MLS
• 2026-04-01 Price Changed $209,000 BRIGHT MLS
• 2026-02-28 Listed $220,000 BRIGHT MLS

Property tax history

+3.7%/yr

Latest (2025): $2,322 · +9.3% YoY. Source: county tax records.