11312 Hawthorne Ct · Halfway, MD 21740

$130,000

3 bd · 2.0 ba · 2,100 sqft · SingleFamily · 37 Days on market

Built 2008 Fair condition $62/sqft · 35% above area Est $96k · 35% over ↓ 13% since listing

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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 +27.9/30.0
• DSCR +9.9/10.0
• 1% rule +7.6/10.0
• Rent growth +3.5/5.0
• Livability +3.3/5.0
• Schools +2.3/10.0
• Condition / age +2.2/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Incredibly well cared for 3 bedroom/2 full bath home, shows like new. Offering a very classy neutral decor. Home offers large open living room with fp and door to the front porch. large open eat in kitchen with center island lots of cabinets, and counter space and sliding double doors to front porch. Large primary suite with vaulted ceiling walk in closet and large primary bath with double sink and sky light for natural light. Laundry room with side door which leads to side porch with an incredible nice handicap ramp. The metal ramp is portable and can be removed. Great closet space, large storage shed/shop out back with electric. Come enjoy the outdoors by sitting on the glider on the front porch. Electric HVAC with propane gas for the fireplace. Home is located at the end of the cu- de sac street. Commuter friendly close to I81 & I70 interchange. Close to numerous shopping areas, restaurants, medical & urgent care facilities. All buyers need to contact Lakeside Management for application approval and information regarding ground rent. The ground rent currently $625.00 per month. The monthly ground rent will increase to $675.00 per month effective 4/1/25. Ground rent includes work out room, pool, water & sewer. The home title lists year built as 2008, the manufacturers book lists date as 8/2007. This property truly will not last long. Total sq ft is approximate. Subject to the release of contract.

Key facts

• Community pool
• Built 2008
• Listed 37 days

Property features AI

Finance

• Other: Ownership includes ground rent (ground rent ownership interest)
• Financial info: Ground rent paid monthly
• HOA & community: Ground rent exists (monthly payment); Community pool

Exterior

• Parking: Paved driveway; Driveway parking and on-street parking
• Utilities: Public water; Public sewer; Electric hot water
• Home design: Manufactured double-wide home; Estimated year built; Above-grade finished living area (estimated)
• Construction: Vinyl siding; Shingle roof; Crawl space foundation; Built by Redman
• Exterior features: Porch; Deck; Shed; Backs to trees; Located on a cul-de-sac; Community pool

Interior

• Kitchen: Eat-in kitchen with table space; Dishwasher; Refrigerator; Oven/Range (electric); Microwave; Garbage disposal; Icemaker; Exhaust fan
• Bedrooms: Three main-level bedrooms
• Flooring: Carpet; Vinyl
• Bathrooms: Two full bathrooms (including master bath)
• Heating & cooling: Forced air heating; Electric and owned propane heating fuel; Central air conditioning; Ceiling fans
• Interior features: Open and traditional floor plan elements; Built-in storage; Ceiling fans; Skylights; Recessed lighting; Window treatments; Master bathroom; Stall shower and tub/shower; Entry-level bedroom
• Laundry & utility: Washer and dryer in unit (electric dryer); Electric water heater

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $130k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $399 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $130k).
• Recommended offer: $126k (3.0% below list) — sets the bar for market timing.
• Cap rate 10.0% vs local median 4.8% in Halfway — 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 66/100 on livability (#225 in MD) — a middle-class / working-renter tenant base. Strengths: housing A+, cost of living A, employment A-; Watch: crime F, amenities F, commute F.
• Washingtion County Public Schools (suburban): math 18% / reading 33% proficiency, ranked #13 of 24 in MD (top 54%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Hickory Elementary (math 8% / reading 12%, grade F, #614 of 860 statewide, top 75%, 328 students, 86% FRL); Springfield Middle (math 13% / reading 37%, grade F, #104 of 225 statewide, top 47%, 748 students, 68% FRL); Williamsport High (math 42% / reading 67%, grade C-, #91 of 222 statewide, top 42%, 959 students, 63% FRL) — zoned schools average 72% FRL vs 39% district-wide (33 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising fast (+4.0%/yr); 368 active listings in the ZIP; 232 units permitted in Washington County in 2024 (12 in 5+ unit buildings).
• This rent runs 31% of the median local income ($63k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $899 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 4.0% rent growth), your $36k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 37 days — a 3% lower offer ($126k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts 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.

Recommended offer $126,100 (3.0% below list)

Questions for the listing agent

1. It's been on market 37 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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.
6. 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.
7. 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: 1.26% ✓
• Cap rate: 9.97%
• Cash-on-cash: 13.15%
• DSCR: 1.59
• GRM: 6.6

CMA / ARV

• ARV (median comp): $96,199
• List price: $130,000
• Delta: 35.14%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
17002 Hillsdale Ct #87	0.19mi	4/2.5 (+1)	1,989 (-5%)	10mo	$105,000	$53	67
16802 Alcott Rd	0.30mi	3/2.0	1,904 (-9%)	7mo	$97,000	$51	65
16841 Longfellow Ct	0.27mi	4/2.0 (+1)	1,792 (-15%)	8mo	$98,000	$55	52
11102 Grosh Ave	0.64mi	4/2.0 (+1)	2,256 (+7%)	24mo	$349,000	$155	33

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 4.0% rent growth · sell at horizon

5-year hold

• IRR: 4.2%
• Equity multiple: 1.17×
• Total profit: $6,033
• Equity at exit: $19,383

10-year hold

• IRR: 14.7%
• Equity multiple: 2.24×
• Total profit: $45,055
• Equity at exit: $11,240

Cash invested: $36,400 (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 21740

• Rents YoY: 4.0%
• Active inventory: 368
• Price-to-rent: 6.6×

Monthly cashflow live

• Estimated rent: $1,642 medium
• Mortgage (P&I): −$682
• Tax est. 1.5%: −$162 /mo · $1,950/yr
• Insurance: −$54
• HOA: −$0
• Vacancy / Maint / Mgmt: −$345
• Net cashflow: $399

Break-even live

Break-even rent $1,137

Max offer price $130,000

Occupancy floor 71%

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: $32,500
• Closing costs: $3,900
• Reserves months: —
• Total cash needed: —

Listing history 30 events

1. 2026-06-18
   days on market $130,000 Active 37 DOM
2. 2026-06-17
   days on market $130,000 Active 36 DOM
3. 2026-06-16
   days on market $130,000 Active 35 DOM
4. 2026-06-15
   days on market $130,000 Active 34 DOM
5. 2026-06-14
   days on market $130,000 Active 32 DOM
6. 2026-06-13
   days on market $130,000 Active 31 DOM
7. 2026-06-10
   days on market $130,000 Active 29 DOM
8. 2026-06-09
   days on market $130,000 Active 28 DOM
9. 2026-06-08
   days on market $130,000 Active 27 DOM
10. 2026-06-07
    days on market $130,000 Active 26 DOM
11. 2026-06-03
    days on market $130,000 Active 22 DOM
12. 2026-06-02
    days on market $130,000 Active 21 DOM
13. 2026-06-01
    days on market $130,000 Active 20 DOM
14. 2026-05-31
    days on market $130,000 Active 19 DOM
15. 2026-05-30
    days on market $130,000 Active 18 DOM
16. 2026-05-15
    historical Active Under Contract 1508-char remark
17. 2026-05-01
    listed $130,000 Active 1508-char remark
18. 2026-04-28
    historical $130,000 1508-char remark
19. 2025-08-27
    soldstatus $115,000 Closed 1440-char remark

    Show marketing remark (1440 chars)

    Incredibly well cared for 3 bedroom/2 full bath home, shows like new. Offering a very classy neutral decor. Home offers large open living room with fp and door to the front porch. large open eat in kitchen with center island lots of cabinets, and counter space and sliding double doors to front porch. Large primary suite with vaulted ceiling walk in closet and large primary bath with double sink and sky light for natural light. Laundry room with side door which leads to side porch with an incredible nice handicap ramp. The metal ramp is portable and can be removed. Great closet space, large storage shed/shop out back with electric. Come enjoy the outdoors by sitting on the glider on the front porch. Electric HVAC with propane gas for the fireplace. Home is located at the end of the cu- de sac street. Commuter friendly close to I81 & I70 interchange. Close to numerous shopping areas, restaurants, medical & urgent care facilities. All buyers need to contact Lakeside Management for application approval and information regarding ground rent. The ground rent currently $625.00 per month. The monthly ground rent will increase to $675.00 per month effective 4/1/25. Ground rent includes work out room, pool, water & sewer. The home title lists year built as 2008, the manufacturers book lists date as 8/2007. This property truly will not last long. Total sq ft is approximate. Subject to the release of contract.

20. 2025-07-11
    historical Active Under Contract 1440-char remark

    Show marketing remark (1440 chars)

    Incredibly well cared for 3 bedroom/2 full bath home, shows like new. Offering a very classy neutral decor. Home offers large open living room with fp and door to the front porch. large open eat in kitchen with center island lots of cabinets, and counter space and sliding double doors to front porch. Large primary suite with vaulted ceiling walk in closet and large primary bath with double sink and sky light for natural light. Laundry room with side door which leads to side porch with an incredible nice handicap ramp. The metal ramp is portable and can be removed. Great closet space, large storage shed/shop out back with electric. Come enjoy the outdoors by sitting on the glider on the front porch. Electric HVAC with propane gas for the fireplace. Home is located at the end of the cu- de sac street. Commuter friendly close to I81 & I70 interchange. Close to numerous shopping areas, restaurants, medical & urgent care facilities. All buyers need to contact Lakeside Management for application approval and information regarding ground rent. The ground rent currently $625.00 per month. The monthly ground rent will increase to $675.00 per month effective 4/1/25. Ground rent includes work out room, pool, water & sewer. The home title lists year built as 2008, the manufacturers book lists date as 8/2007. This property truly will not last long. Total sq ft is approximate. Subject to the release of contract.

21. 2025-07-03
    status Active 1440-char remark

    Show marketing remark (1440 chars)

    Incredibly well cared for 3 bedroom/2 full bath home, shows like new. Offering a very classy neutral decor. Home offers large open living room with fp and door to the front porch. large open eat in kitchen with center island lots of cabinets, and counter space and sliding double doors to front porch. Large primary suite with vaulted ceiling walk in closet and large primary bath with double sink and sky light for natural light. Laundry room with side door which leads to side porch with an incredible nice handicap ramp. The metal ramp is portable and can be removed. Great closet space, large storage shed/shop out back with electric. Come enjoy the outdoors by sitting on the glider on the front porch. Electric HVAC with propane gas for the fireplace. Home is located at the end of the cu- de sac street. Commuter friendly close to I81 & I70 interchange. Close to numerous shopping areas, restaurants, medical & urgent care facilities. All buyers need to contact Lakeside Management for application approval and information regarding ground rent. The ground rent currently $625.00 per month. The monthly ground rent will increase to $675.00 per month effective 4/1/25. Ground rent includes work out room, pool, water & sewer. The home title lists year built as 2008, the manufacturers book lists date as 8/2007. This property truly will not last long. Total sq ft is approximate. Subject to the release of contract.

22. 2025-06-14
    historical Active Under Contract 1440-char remark

    Show marketing remark (1440 chars)

    Incredibly well cared for 3 bedroom/2 full bath home, shows like new. Offering a very classy neutral decor. Home offers large open living room with fp and door to the front porch. large open eat in kitchen with center island lots of cabinets, and counter space and sliding double doors to front porch. Large primary suite with vaulted ceiling walk in closet and large primary bath with double sink and sky light for natural light. Laundry room with side door which leads to side porch with an incredible nice handicap ramp. The metal ramp is portable and can be removed. Great closet space, large storage shed/shop out back with electric. Come enjoy the outdoors by sitting on the glider on the front porch. Electric HVAC with propane gas for the fireplace. Home is located at the end of the cu- de sac street. Commuter friendly close to I81 & I70 interchange. Close to numerous shopping areas, restaurants, medical & urgent care facilities. All buyers need to contact Lakeside Management for application approval and information regarding ground rent. The ground rent currently $625.00 per month. The monthly ground rent will increase to $675.00 per month effective 4/1/25. Ground rent includes work out room, pool, water & sewer. The home title lists year built as 2008, the manufacturers book lists date as 8/2007. This property truly will not last long. Total sq ft is approximate. Subject to the release of contract.

23. 2025-05-29
    price $119,900 1440-char remark

    Show marketing remark (1440 chars)

    Incredibly well cared for 3 bedroom/2 full bath home, shows like new. Offering a very classy neutral decor. Home offers large open living room with fp and door to the front porch. large open eat in kitchen with center island lots of cabinets, and counter space and sliding double doors to front porch. Large primary suite with vaulted ceiling walk in closet and large primary bath with double sink and sky light for natural light. Laundry room with side door which leads to side porch with an incredible nice handicap ramp. The metal ramp is portable and can be removed. Great closet space, large storage shed/shop out back with electric. Come enjoy the outdoors by sitting on the glider on the front porch. Electric HVAC with propane gas for the fireplace. Home is located at the end of the cu- de sac street. Commuter friendly close to I81 & I70 interchange. Close to numerous shopping areas, restaurants, medical & urgent care facilities. All buyers need to contact Lakeside Management for application approval and information regarding ground rent. The ground rent currently $625.00 per month. The monthly ground rent will increase to $675.00 per month effective 4/1/25. Ground rent includes work out room, pool, water & sewer. The home title lists year built as 2008, the manufacturers book lists date as 8/2007. This property truly will not last long. Total sq ft is approximate. Subject to the release of contract.

24. 2025-05-01
    price $139,900 1440-char remark

    Show marketing remark (1440 chars)

    Incredibly well cared for 3 bedroom/2 full bath home, shows like new. Offering a very classy neutral decor. Home offers large open living room with fp and door to the front porch. large open eat in kitchen with center island lots of cabinets, and counter space and sliding double doors to front porch. Large primary suite with vaulted ceiling walk in closet and large primary bath with double sink and sky light for natural light. Laundry room with side door which leads to side porch with an incredible nice handicap ramp. The metal ramp is portable and can be removed. Great closet space, large storage shed/shop out back with electric. Come enjoy the outdoors by sitting on the glider on the front porch. Electric HVAC with propane gas for the fireplace. Home is located at the end of the cu- de sac street. Commuter friendly close to I81 & I70 interchange. Close to numerous shopping areas, restaurants, medical & urgent care facilities. All buyers need to contact Lakeside Management for application approval and information regarding ground rent. The ground rent currently $625.00 per month. The monthly ground rent will increase to $675.00 per month effective 4/1/25. Ground rent includes work out room, pool, water & sewer. The home title lists year built as 2008, the manufacturers book lists date as 8/2007. This property truly will not last long. Total sq ft is approximate. Subject to the release of contract.

25. 2025-04-22
    status Active 1440-char remark

    Show marketing remark (1440 chars)

    Incredibly well cared for 3 bedroom/2 full bath home, shows like new. Offering a very classy neutral decor. Home offers large open living room with fp and door to the front porch. large open eat in kitchen with center island lots of cabinets, and counter space and sliding double doors to front porch. Large primary suite with vaulted ceiling walk in closet and large primary bath with double sink and sky light for natural light. Laundry room with side door which leads to side porch with an incredible nice handicap ramp. The metal ramp is portable and can be removed. Great closet space, large storage shed/shop out back with electric. Come enjoy the outdoors by sitting on the glider on the front porch. Electric HVAC with propane gas for the fireplace. Home is located at the end of the cu- de sac street. Commuter friendly close to I81 & I70 interchange. Close to numerous shopping areas, restaurants, medical & urgent care facilities. All buyers need to contact Lakeside Management for application approval and information regarding ground rent. The ground rent currently $625.00 per month. The monthly ground rent will increase to $675.00 per month effective 4/1/25. Ground rent includes work out room, pool, water & sewer. The home title lists year built as 2008, the manufacturers book lists date as 8/2007. This property truly will not last long. Total sq ft is approximate. Subject to the release of contract.

26. 2025-04-11
    historical Active Under Contract 1440-char remark

    Show marketing remark (1440 chars)

    Incredibly well cared for 3 bedroom/2 full bath home, shows like new. Offering a very classy neutral decor. Home offers large open living room with fp and door to the front porch. large open eat in kitchen with center island lots of cabinets, and counter space and sliding double doors to front porch. Large primary suite with vaulted ceiling walk in closet and large primary bath with double sink and sky light for natural light. Laundry room with side door which leads to side porch with an incredible nice handicap ramp. The metal ramp is portable and can be removed. Great closet space, large storage shed/shop out back with electric. Come enjoy the outdoors by sitting on the glider on the front porch. Electric HVAC with propane gas for the fireplace. Home is located at the end of the cu- de sac street. Commuter friendly close to I81 & I70 interchange. Close to numerous shopping areas, restaurants, medical & urgent care facilities. All buyers need to contact Lakeside Management for application approval and information regarding ground rent. The ground rent currently $625.00 per month. The monthly ground rent will increase to $675.00 per month effective 4/1/25. Ground rent includes work out room, pool, water & sewer. The home title lists year built as 2008, the manufacturers book lists date as 8/2007. This property truly will not last long. Total sq ft is approximate. Subject to the release of contract.

27. 2025-04-01
    status Active 1440-char remark

    Show marketing remark (1440 chars)

    Incredibly well cared for 3 bedroom/2 full bath home, shows like new. Offering a very classy neutral decor. Home offers large open living room with fp and door to the front porch. large open eat in kitchen with center island lots of cabinets, and counter space and sliding double doors to front porch. Large primary suite with vaulted ceiling walk in closet and large primary bath with double sink and sky light for natural light. Laundry room with side door which leads to side porch with an incredible nice handicap ramp. The metal ramp is portable and can be removed. Great closet space, large storage shed/shop out back with electric. Come enjoy the outdoors by sitting on the glider on the front porch. Electric HVAC with propane gas for the fireplace. Home is located at the end of the cu- de sac street. Commuter friendly close to I81 & I70 interchange. Close to numerous shopping areas, restaurants, medical & urgent care facilities. All buyers need to contact Lakeside Management for application approval and information regarding ground rent. The ground rent currently $625.00 per month. The monthly ground rent will increase to $675.00 per month effective 4/1/25. Ground rent includes work out room, pool, water & sewer. The home title lists year built as 2008, the manufacturers book lists date as 8/2007. This property truly will not last long. Total sq ft is approximate. Subject to the release of contract.

28. 2025-03-08
    historical Active Under Contract 1440-char remark

    Show marketing remark (1440 chars)

    Incredibly well cared for 3 bedroom/2 full bath home, shows like new. Offering a very classy neutral decor. Home offers large open living room with fp and door to the front porch. large open eat in kitchen with center island lots of cabinets, and counter space and sliding double doors to front porch. Large primary suite with vaulted ceiling walk in closet and large primary bath with double sink and sky light for natural light. Laundry room with side door which leads to side porch with an incredible nice handicap ramp. The metal ramp is portable and can be removed. Great closet space, large storage shed/shop out back with electric. Come enjoy the outdoors by sitting on the glider on the front porch. Electric HVAC with propane gas for the fireplace. Home is located at the end of the cu- de sac street. Commuter friendly close to I81 & I70 interchange. Close to numerous shopping areas, restaurants, medical & urgent care facilities. All buyers need to contact Lakeside Management for application approval and information regarding ground rent. The ground rent currently $625.00 per month. The monthly ground rent will increase to $675.00 per month effective 4/1/25. Ground rent includes work out room, pool, water & sewer. The home title lists year built as 2008, the manufacturers book lists date as 8/2007. This property truly will not last long. Total sq ft is approximate. Subject to the release of contract.

29. 2025-02-10
    listed $150,000 Active 1440-char remark

    Show marketing remark (1440 chars)

    Incredibly well cared for 3 bedroom/2 full bath home, shows like new. Offering a very classy neutral decor. Home offers large open living room with fp and door to the front porch. large open eat in kitchen with center island lots of cabinets, and counter space and sliding double doors to front porch. Large primary suite with vaulted ceiling walk in closet and large primary bath with double sink and sky light for natural light. Laundry room with side door which leads to side porch with an incredible nice handicap ramp. The metal ramp is portable and can be removed. Great closet space, large storage shed/shop out back with electric. Come enjoy the outdoors by sitting on the glider on the front porch. Electric HVAC with propane gas for the fireplace. Home is located at the end of the cu- de sac street. Commuter friendly close to I81 & I70 interchange. Close to numerous shopping areas, restaurants, medical & urgent care facilities. All buyers need to contact Lakeside Management for application approval and information regarding ground rent. The ground rent currently $625.00 per month. The monthly ground rent will increase to $675.00 per month effective 4/1/25. Ground rent includes work out room, pool, water & sewer. The home title lists year built as 2008, the manufacturers book lists date as 8/2007. This property truly will not last long. Total sq ft is approximate. Subject to the release of contract.

30. 2025-02-07
    historical $150,000 1440-char remark

    Show marketing remark (1440 chars)

    Incredibly well cared for 3 bedroom/2 full bath home, shows like new. Offering a very classy neutral decor. Home offers large open living room with fp and door to the front porch. large open eat in kitchen with center island lots of cabinets, and counter space and sliding double doors to front porch. Large primary suite with vaulted ceiling walk in closet and large primary bath with double sink and sky light for natural light. Laundry room with side door which leads to side porch with an incredible nice handicap ramp. The metal ramp is portable and can be removed. Great closet space, large storage shed/shop out back with electric. Come enjoy the outdoors by sitting on the glider on the front porch. Electric HVAC with propane gas for the fireplace. Home is located at the end of the cu- de sac street. Commuter friendly close to I81 & I70 interchange. Close to numerous shopping areas, restaurants, medical & urgent care facilities. All buyers need to contact Lakeside Management for application approval and information regarding ground rent. The ground rent currently $625.00 per month. The monthly ground rent will increase to $675.00 per month effective 4/1/25. Ground rent includes work out room, pool, water & sewer. The home title lists year built as 2008, the manufacturers book lists date as 8/2007. This property truly will not last long. Total sq ft is approximate. Subject to the release of contract.

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

Taxation est. · year 1

• Rental income: $19,706
• − Mortgage interest: −$7,282
• − Property taxes: −$1,950
• − Insurance: −$650
• − Repairs & maintenance: −$1,576
• − Management: −$1,576
• − Depreciation: −$3,782
• Taxable income: $2,889
• Est. tax owed @ 24.0%: −$693
• After-tax cash flow: $4,093/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.

Condition & rehab AI · 1 photo

Fair 45/100 Moderate rehab

This home requires significant exterior and interior repairs, but has a good layout and potential for substantial value increase with updates.

Repairs flagged

• Major exterior siding — Severe weathering
• Major exterior paint — Peeling paint
• Major flooring — Worn carpet
• Major interior paint — Peeling paint

Value-add opportunities

• Both new siding and paint — Enhances curb appeal and interior aesthetics
• Both new flooring — Improves living space and rental appeal
• Both paint interior walls — Fresh paint enhances curb appeal and interior aesthetics

Renovation cost estimate screening

Repair item	Severity	Est. cost
exterior siding · Severe weathering	Major	$15,000–50,000
exterior paint · Peeling paint	Major	$15,000–50,000
flooring · Worn carpet	Major	$15,000–50,000
interior paint · Peeling paint	Major	$15,000–50,000
Total estimated repair cost · 4 items		$60,000–200,000

Value-add ROI direction

• Both new siding and paint — Enhances curb appeal and interior aesthetics ↑
• Both new flooring — Improves living space and rental appeal ↑
• Both paint interior walls — Fresh paint enhances curb appeal and interior aesthetics ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Washingtion County Public Schools
• NCES district ID: 2400660
• Math proficiency: 18% ▼ -20.00%
• Reading proficiency: 33% ▼ -17.00%
• Median HH income: $54,784
• Composite: 22.87/100
• National rank: #8007
• State rank: #13 of 24 in MD

Livability — Halfway

• Score: 66/100
• State rank: #225
• US rank: #11296

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Halfway, MD
• County: Washington County · 98,861 people
• Metro: Hagerstown-Martinsburg, MD-WV
• Population (ZIP): 64,792
• Household income: $62,873
• Rent vs Own: 44.7% rent · 55.3% own
• Severe rent burden: 2832.0

Population outlook (Washington County) Hauer SSP2

• Today (2025): 151,614 people
• By 2030: 151,455 · -0.1%
• By 2040: 150,097 · -1.0%
• By 2050: 148,193 · -2.3%
• By 2075: 146,581 · -3.3%
• By 2100: 138,025 · -9.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority White (64%)
• Race & ethnicity: White 64% Black 18% Two or more races 10% Hispanic / Latino 10% Asian 2%
• Hispanic origin (detail): Mexican 2% Puerto Rican 2% Dominican 2%
• Common ancestry: Romanian 2% Lithuanian 1% Slovak 1%
• Foreign-born: 9% · Canada, China
• Languages at home: 86% English-only · Spanish 9% French/Haitian/Cajun 1% Chinese 1%

Political lean MEDSL · Washington

• 2024 margin: Strong R (+23.0) · D 37.3% · R 60.4% · Other 2.3%
• 2008→2024 swing: -10.2pp toward R · 2008: -12.9pp · 2024: -23.0pp
• All cycles: 2024: R+23.0 2020: R+20.9 2016: R+32.4 2012: R+18.5 2008: R+12.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -248.38%
• Current HPI: 264.8018
• Rent YoY: ▲ 4.00%
• Metro: Hagerstown-Martinsburg, MD-WV
• 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

-13.3% since first listed

16 events — show timeline

• 2026-05-27 Relisted — BRIGHT MLS
• 2026-05-15 Contingent — BRIGHT MLS
• 2026-05-01 Listed $130,000 BRIGHT MLS
• 2026-04-28 Coming Soon $130,000 BRIGHT MLS
• 2025-08-27 Sold (MLS) $115,000 BRIGHT MLS
• 2025-07-11 Contingent — BRIGHT MLS
• 2025-07-03 Relisted — BRIGHT MLS
• 2025-06-14 Contingent — BRIGHT MLS
• 2025-05-29 Price Changed $119,900 BRIGHT MLS
• 2025-05-01 Price Changed $139,900 BRIGHT MLS
• 2025-04-22 Relisted — BRIGHT MLS
• 2025-04-11 Contingent — BRIGHT MLS
• 2025-04-01 Relisted — BRIGHT MLS
• 2025-03-08 Contingent — BRIGHT MLS
• 2025-02-10 Listed $150,000 BRIGHT MLS
• 2025-02-07 Coming Soon $150,000 BRIGHT MLS