13900 Farnsworth Ln #4102 · Marlboro Village, MD 20772

$215,750

2 bd · 2.0 ba · 1,050 sqft · Condo public records · 1 Days on market

Built 1997 $400/mo HOA · 16% of rent ↓ 14% 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 +16.8/30.0
• ARV discount +7.5/15.0
• 1% rule +6.9/10.0
• DSCR +5.2/10.0
• Rent growth +5.0/5.0
• Livability +3.3/5.0
• Condition / age +2.5/5.0
• Schools +1.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

THIS WAS A RENTAL PROPERTY PREVIOUSLY. SELLERS TO DO A 1031 EXCHANGE. THIS IS A 10% DOWN CONVENTIONAL FINANCING OR CASH ONLY. THIS BEAUTIFUL UPDATED PROPERTY WITH OPEN CONCEPT, VINLY PLANK FLOORING ON MAIN LEVEL. GARAGE DOES HAVE ACCESS TO INSIDE THE BUILDING! SECURED BUILDING WTH FIRE PLACE AND WALK-IN CLOSET IN MASTER BEDROOM! FARMERS MARKET & MAJOR SHOPPING WITHIN 5 MINUTES. DC 15 MILES APPROX. 20 MINUTE DRIVE TO ANDREWS AIRFORCE! 30 MINUTE DRIVE TO ANNAPOLIS. WONT LAST LONG!

Key facts

• $400 HOA
• Garage
• Built 1997

Property features AI

Finance

• Other: Above-grade finished area reported as 1,050 (source: assessor); Year built source: assessor; Property assessed as condominium
• Financial info: Lease considered: No
• HOA & community: Condo fee of $400 monthly; Association professionally managed off-site; Condo fee includes common area maintenance, lawn maintenance, and snow removal; Building has elevator

Exterior

• Parking: Attached garage (side entry) with 1 garage space; Basement garage with garage door opener
• Utilities: Public water; Public sewer; Electric power for heating, cooling, and hot water
• Home design: Condominium unit/flat; Mid-rise building (5–8 floors); Entry level: 1
• Construction: Combination, masonry, and vinyl siding construction
• Exterior features: Patio(s); Not in a federal flood zone; Tidal water: No; Pets allowed with breed restrictions

Interior

• Kitchen: No specific appliances listed
• Bedrooms: 2 bedrooms on the main level
• Bathrooms: 2 full bathrooms (both on the main level)
• Heating & cooling: Central heating (electric); Central air conditioning (electric); Electric hot water
• Interior features: Living area information sourced from assessor; No basement; Patio(s); Property manager on site
• Laundry & utility: Washer and dryer in unit; Washer/dryer hookup in unit

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $216k.

Deal economics

• At list price, monthly cash flow is $137 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $216k).
• Cap rate 7.1% vs local median 4.8% in Marlboro Village — 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 (#226 in MD) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A+; Watch: schools D, cost of living D, amenities F.
• Prince George'S County Public Schools (suburban): math 8% / reading 24% proficiency, ranked #21 of 24 in MD (top 88%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: Rents rising fast (+9.8%/yr); 312 active listings in the ZIP; 14 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 1,481 units permitted in Prince George's County in 2024 (0 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.
• Prince George's County population projected at +18% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 8.0% rent growth), your $60k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
• 6 sale attempts since 19y 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

• Climate carrying-cost: moderate wind risk, 25% chance of damaging wind over 30y; extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $215,750

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. 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?
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: 1.19% ✓
• Cap rate: 7.06%
• Cash-on-cash: 2.73%
• DSCR: 1.12
• GRM: 7.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 8.0% rent growth · sell at horizon

5-year hold

• IRR: -5.2%
• Equity multiple: 0.80×
• Total profit: $-12,352
• Equity at exit: $32,169

10-year hold

• IRR: 10.6%
• Equity multiple: 2.05×
• Total profit: $63,433
• Equity at exit: $18,654

Cash invested: $60,410 (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 20772

• Rents YoY: 9.8%
• Active inventory: 312
• Price-to-rent: 7.0×

Monthly cashflow live

• Estimated rent: $2,568 high
• Mortgage (P&I): −$1,131
• Tax from tax record: −$270 /mo · $3,235/yr
• Insurance: −$90
• HOA: −$400
• Vacancy / Maint / Mgmt: −$539
• Net cashflow: $137

Break-even live

Break-even rent $2,394

Max offer price $215,750

Occupancy floor 90%

Sensitivity live

Price	-10% $260	-5% $199	+0% $137	+5% $76	+10% $15
Rent	-10% $-65	-5% $36	+0% $137	+5% $239	+10% $340
Rate	-1.0pp $246	-0.5pp $192	base $137	+0.5pp $82	+1.0pp $25

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: $53,938
• Closing costs: $6,472
• Reserves months: —
• Total cash needed: —

Rent comps 14 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
13810 Fareham Ln Upper Marlboro, MD	2.0	2.5	1327	$2,700	$2.03	25d	1	0.08mi
13803 Bentwaters Dr Upper Marlboro, MD	2.0	2.5	986	$2,270	$2.30	20d	1	0.08mi
13901 Ascott Dr Upper Marlboro, MD	2.0	1.5	998	$2,657	$2.66	6d	1	0.12mi
13817 Amberfield Ct Upper Marlboro, MD	2.0	2.5	1160	$2,595	$2.24	25d	1	0.16mi
13811 Churchville Dr Upper Marlboro, MD	3.0	2.5	1160	$3,000	$2.59	14d	1	0.18mi
14210 Slidell Ct Upper Marlboro, MD	1.0–3.0	1.0–2.0	971	$2,377	$2.45	0d	4	0.22mi
4720 Colonel Ashton Pl #430 Upper Marlboro, MD	2.0	1.5	1327	$2,500	$1.88	45d	1	0.43mi
13555 Lord Baltimore Pl Upper Marlboro, MD	2.0	2.0	1162	$2,325	$2.00	25d	1	0.45mi
13920 Lord Fairfax Pl Upper Marlboro, MD	3.0	2.5	1498	$3,050	$2.04	0d	1	0.49mi
14005 Lord Marlborough Pl Unit 21-5 Upper Marlboro, MD	2.0	2.0	971	$2,100	$2.16	21d	1	0.57mi
4442 Lord Loudoun Ct Upper Marlboro, MD	1.0	1.0	700	$2,100	$3.00	45d	1	0.60mi
13560 Lord Sterling Pl Unit 9-4 Upper Marlboro, MD	2.0	1.0	894	$1,999	$2.24	45d	1	0.63mi
13173 Ripon Pl Upper Marlboro, MD	3.0	1.5	1146	$2,425	$2.12	6d	1	0.83mi
13052 Salford Ter Upper Marlboro, MD	3.0	3.5	1096	$2,725	$2.49	45d	1	0.89mi

HOA detail condo

• Monthly dues: $400 · $4,800/yr
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 18 events

1. 2026-05-23
   status Pending
2. 2026-04-08
   historical Active Under Contract
3. 2026-04-07
   listed $215,750 Active
4. 2022-11-22
   soldstatus $235,000
5. 2022-10-17
   soldstatus $235,000 Closed 489-char remark

   Show marketing remark (489 chars)

   THIS WAS A RENTAL PROPERTY PREVIOUSLY. SELLERS TO DO A 1031 EXCHANGE. THIS IS A 10% DOWN CONVENTIONAL FINANCING OR CASH ONLY. THIS BEAUTIFUL UPDATED PROPERTY WITH OPEN CONCEPT, VINLY PLANK FLOORING ON MAIN LEVEL. GARAGE DOES HAVE ACCESS TO INSIDE THE BUILDING! SECURED BUILDING WTH FIRE PLACE AND WALK-IN CLOSET IN MASTER BEDROOM! FARMERS MARKET & MAJOR SHOPPING WITHIN 5 MINUTES. DC 15 MILES APPROX. 20 MINUTE DRIVE TO ANDREWS AIRFORCE! 30 MINUTE DRIVE TO ANNAPOLIS. WONT LAST LONG!

6. 2022-10-06
   historical 489-char remark

   Show marketing remark (489 chars)

   THIS WAS A RENTAL PROPERTY PREVIOUSLY. SELLERS TO DO A 1031 EXCHANGE. THIS IS A 10% DOWN CONVENTIONAL FINANCING OR CASH ONLY. THIS BEAUTIFUL UPDATED PROPERTY WITH OPEN CONCEPT, VINLY PLANK FLOORING ON MAIN LEVEL. GARAGE DOES HAVE ACCESS TO INSIDE THE BUILDING! SECURED BUILDING WTH FIRE PLACE AND WALK-IN CLOSET IN MASTER BEDROOM! FARMERS MARKET & MAJOR SHOPPING WITHIN 5 MINUTES. DC 15 MILES APPROX. 20 MINUTE DRIVE TO ANDREWS AIRFORCE! 30 MINUTE DRIVE TO ANNAPOLIS. WONT LAST LONG!

7. 2022-09-16
   status Active 489-char remark

   Show marketing remark (489 chars)

   THIS WAS A RENTAL PROPERTY PREVIOUSLY. SELLERS TO DO A 1031 EXCHANGE. THIS IS A 10% DOWN CONVENTIONAL FINANCING OR CASH ONLY. THIS BEAUTIFUL UPDATED PROPERTY WITH OPEN CONCEPT, VINLY PLANK FLOORING ON MAIN LEVEL. GARAGE DOES HAVE ACCESS TO INSIDE THE BUILDING! SECURED BUILDING WTH FIRE PLACE AND WALK-IN CLOSET IN MASTER BEDROOM! FARMERS MARKET & MAJOR SHOPPING WITHIN 5 MINUTES. DC 15 MILES APPROX. 20 MINUTE DRIVE TO ANDREWS AIRFORCE! 30 MINUTE DRIVE TO ANNAPOLIS. WONT LAST LONG!

8. 2022-06-14
   historical 489-char remark

   Show marketing remark (489 chars)

   THIS WAS A RENTAL PROPERTY PREVIOUSLY. SELLERS TO DO A 1031 EXCHANGE. THIS IS A 10% DOWN CONVENTIONAL FINANCING OR CASH ONLY. THIS BEAUTIFUL UPDATED PROPERTY WITH OPEN CONCEPT, VINLY PLANK FLOORING ON MAIN LEVEL. GARAGE DOES HAVE ACCESS TO INSIDE THE BUILDING! SECURED BUILDING WTH FIRE PLACE AND WALK-IN CLOSET IN MASTER BEDROOM! FARMERS MARKET & MAJOR SHOPPING WITHIN 5 MINUTES. DC 15 MILES APPROX. 20 MINUTE DRIVE TO ANDREWS AIRFORCE! 30 MINUTE DRIVE TO ANNAPOLIS. WONT LAST LONG!

9. 2022-05-24
   status Active 489-char remark

   Show marketing remark (489 chars)

   THIS WAS A RENTAL PROPERTY PREVIOUSLY. SELLERS TO DO A 1031 EXCHANGE. THIS IS A 10% DOWN CONVENTIONAL FINANCING OR CASH ONLY. THIS BEAUTIFUL UPDATED PROPERTY WITH OPEN CONCEPT, VINLY PLANK FLOORING ON MAIN LEVEL. GARAGE DOES HAVE ACCESS TO INSIDE THE BUILDING! SECURED BUILDING WTH FIRE PLACE AND WALK-IN CLOSET IN MASTER BEDROOM! FARMERS MARKET & MAJOR SHOPPING WITHIN 5 MINUTES. DC 15 MILES APPROX. 20 MINUTE DRIVE TO ANDREWS AIRFORCE! 30 MINUTE DRIVE TO ANNAPOLIS. WONT LAST LONG!

10. 2022-04-13
    listed $235,000 489-char remark

    Show marketing remark (489 chars)

    THIS WAS A RENTAL PROPERTY PREVIOUSLY. SELLERS TO DO A 1031 EXCHANGE. THIS IS A 10% DOWN CONVENTIONAL FINANCING OR CASH ONLY. THIS BEAUTIFUL UPDATED PROPERTY WITH OPEN CONCEPT, VINLY PLANK FLOORING ON MAIN LEVEL. GARAGE DOES HAVE ACCESS TO INSIDE THE BUILDING! SECURED BUILDING WTH FIRE PLACE AND WALK-IN CLOSET IN MASTER BEDROOM! FARMERS MARKET & MAJOR SHOPPING WITHIN 5 MINUTES. DC 15 MILES APPROX. 20 MINUTE DRIVE TO ANDREWS AIRFORCE! 30 MINUTE DRIVE TO ANNAPOLIS. WONT LAST LONG!

11. 2022-04-13
    historical 489-char remark

    Show marketing remark (489 chars)

    THIS WAS A RENTAL PROPERTY PREVIOUSLY. SELLERS TO DO A 1031 EXCHANGE. THIS IS A 10% DOWN CONVENTIONAL FINANCING OR CASH ONLY. THIS BEAUTIFUL UPDATED PROPERTY WITH OPEN CONCEPT, VINLY PLANK FLOORING ON MAIN LEVEL. GARAGE DOES HAVE ACCESS TO INSIDE THE BUILDING! SECURED BUILDING WTH FIRE PLACE AND WALK-IN CLOSET IN MASTER BEDROOM! FARMERS MARKET & MAJOR SHOPPING WITHIN 5 MINUTES. DC 15 MILES APPROX. 20 MINUTE DRIVE TO ANDREWS AIRFORCE! 30 MINUTE DRIVE TO ANNAPOLIS. WONT LAST LONG!

12. 2014-12-12
    soldstatus $50,000
13. 2014-01-02
    historical
14. 2013-08-29
    listed $75,000
15. 2007-05-21
    soldstatus $247,000
16. 2007-05-04
    soldstatus $247,000
17. 2007-04-17
    historical
18. 2007-01-22
    listed $252,000

ⓘ 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: $3,235 · $270/mo
• Projected year-2 tax: $3,235 · $270/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 3/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥102°F today · 17 d/yr by 30 yrs out
• 💨 Wind 5/10 Major 25% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $30,811
• − Mortgage interest: −$12,085
• − Property taxes: −$3,235
• − Insurance: −$1,079
• − Repairs & maintenance: −$2,465
• − Management: −$2,465
• − HOA: −$4,800
• − Depreciation: −$6,276
• Taxable loss: −$1,595
• Est. tax savings @ 24.0%: +$383
• After-tax cash flow: $2,032/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: Prince George'S County Public Schools
• NCES district ID: 2400510
• Math proficiency: 8% ▼ -11.00%
• Reading proficiency: 24% ▼ -9.00%
• Median HH income: $73,967
• Composite: 16.82/100
• National rank: #9151
• State rank: #21 of 24 in MD

Livability — Marlboro Village

• Score: 66/100
• State rank: #226
• US rank: #11335

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Marlboro Village, MD
• County: Prince Georges County · 919,866 people
• Metro: Washington-Arlington-Alexandria, DC-VA-MD-WV
• Population (ZIP): 54,319
• Household income: $139,403
• Rent vs Own: 10.7% rent · 89.3% own
• Severe rent burden: 524.0

Population outlook (Prince George's County) Hauer SSP2

• Today (2025): 1,005,426 people
• By 2030: 1,048,416 · +4.3%
• By 2040: 1,123,425 · +11.7%
• By 2050: 1,183,220 · +17.7%
• By 2075: 1,306,202 · +29.9%
• By 2100: 1,408,179 · +40.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Black (78%)
• Race & ethnicity: Black 78% White 10% Hispanic / Latino 7% Two or more races 5% Asian 1%
• Hispanic origin (detail): Mexican 1%
• Foreign-born: 10% · Canada, China
• Languages at home: 88% English-only · Spanish 5% French/Haitian/Cajun 1% Other Indo-European 1%

Political lean MEDSL · Prince George's

• 2024 margin: Solid D (+75.2) · D 86.3% · R 11.2% · Other 2.5%
• 2008→2024 swing: -3.3pp toward R · 2008: 78.5pp · 2024: 75.2pp
• All cycles: 2024: D+75.2 2020: D+80.5 2016: D+81.0 2012: D+80.9 2008: D+78.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -184.63%
• Current HPI: 251.8236
• Rent YoY: ▲ 9.80%
• Metro: Washington-Arlington-Alexandria, DC-VA-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

-14.4% since first listed

18 events — show timeline

• 2026-05-23 Pending — BRIGHT MLS
• 2026-04-08 Contingent — BRIGHT MLS
• 2026-04-07 Listed $215,750 BRIGHT MLS
• 2022-11-22 Sold (Public Records) $235,000 Public Records
• 2022-10-17 Sold (MLS) $235,000 BRIGHT MLS
• 2022-10-06 Listing Removed — BRIGHT MLS
• 2022-09-16 Relisted — BRIGHT MLS
• 2022-06-14 Listing Removed — BRIGHT MLS
• 2022-05-24 Relisted — BRIGHT MLS
• 2022-04-13 Listing Removed — BRIGHT MLS
• 2022-04-13 Listed $235,000 BRIGHT MLS
• 2014-12-12 Sold (Public Records) $50,000 Public Records
• 2014-01-02 Listing Removed — BRIGHT MLS
• 2013-08-29 Listed $75,000 BRIGHT MLS
• 2007-05-21 Sold (Public Records) $247,000 Public Records
• 2007-05-04 Sold (MLS) $247,000 MRIS
• 2007-04-17 Delisted — MRIS
• 2007-01-22 Listed $252,000 MRIS

Property tax history

+4.8%/yr

Latest (2025): $3,235 · +15.1% YoY. Source: county tax records.