4715 Girton Ave · Shady Side, MD 20764

$239,000

2 bd · 1.0 ba · 612 sqft · SingleFamily public records · 13 Days on market

Built 1940 3,400 sqft lot

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Why this score? — see what drove the F 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 +8.9/30.0
• ARV discount +7.5/15.0
• Livability +3.4/5.0
• Schools +2.9/10.0
• 1% rule +2.6/10.0
• DSCR +2.5/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Cute 2 Bedroom/2 Full Bath Rambler located in Idlewilde. Complete make-over, all new Stainless Steel appliances, New Kitchen & Bath Cabinets, New Floors, New Paint, New recessed lighting, New Granite Counter Tops, New Bathroom fixtures, New Windows, spacious back yard, Enjoy your morning coffee while watching a spectacular sunrise from the Community Pier. * * 100% Financing -USDA ELIGIBLE!

Key facts

• 3,400 sq ft lot
• Built 1940
• Listed 13 days

Property features AI

Finance

• Financial info: Fee simple ownership

Exterior

• Parking: On-street parking
• Utilities: Well water; Public sewer
• Home design: Detached structure
• Construction: Aluminum siding; Pilings foundation; Assessor-sourced year built
• Exterior features: Tidal water not present; Other structures above and below grade

Interior

• Bedrooms: 2 bedrooms on the main level
• Bathrooms: 2 full bathrooms on the main level; 2 full bathrooms total
• Heating & cooling: Baseboard electric heating; Electric hot water
• Interior features: Estimated living area; No basement

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $239k.

Deal economics

• At list price, monthly cash flow is $-192 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $205k (14.2% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $182k (24.1% below list).
• Recommended offer: $182k (24.1% below list) — sets the bar for 1% rule.
• Cap rate 5.3% vs local median 3.3% in Shady Side — 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 68/100 on livability (#205 in MD) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A+, crime A-; Watch: schools D, amenities F, commute F.
• Anne Arundel County Public Schools (suburban): math 20% / reading 37% proficiency, ranked #10 of 24 in MD (top 42%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: 53 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 1,303 units permitted in Anne Arundel County in 2024 (299 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• Anne Arundel County population projected at +17% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 13 days on market — expect competitive offers; lowballing is unlikely to land.
• 17 sale attempts since 21y 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.
• Current owner paid $170k; 41% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1940 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: moderate flood risk; major wind risk, 79% chance of damaging wind over 30y; extreme-heat days projected 8→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $181,503 (24.1% 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. Built in 1940 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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 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: 0.76% ✗
• Cap rate: 5.33%
• Cash-on-cash: -3.44%
• DSCR: 0.85
• GRM: 11.0

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: -22.1%
• Equity multiple: 0.24×
• Total profit: $-50,933
• Equity at exit: $35,636

10-year hold

• IRR: -16.0%
• Equity multiple: 0.10×
• Total profit: $-60,036
• Equity at exit: $20,664

Cash invested: $66,920 (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 20764

• Home prices YoY: -32.8%
• Active inventory: 53
• Price-to-rent: 11.0×

Monthly cashflow live

• Estimated rent: $1,815 medium
• Mortgage (P&I): −$1,253
• Tax from tax record: −$273 /mo · $3,273/yr
• Insurance: −$100
• HOA: −$0
• Vacancy / Maint / Mgmt: −$381
• Net cashflow: $-192

Break-even live

Break-even rent $2,058

Max offer price $205,116

Occupancy floor —

Sensitivity live

Price	-10% $-57	-5% $-124	+0% $-192	+5% $-259	+10% $-327
Rent	-10% $-335	-5% $-264	+0% $-192	+5% $-120	+10% $-48
Rate	-1.0pp $-71	-0.5pp $-131	base $-192	+0.5pp $-254	+1.0pp $-317

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: $59,750
• Closing costs: $7,170
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4740 Frederick Ave Shady Side, MD	1.0	1.0	600	$1,800	$3.00	15d	1	0.19mi
4828 Woods Wharf Rd Shady Side, MD	2.0	1.0	666	$1,900	$2.85	18d	1	1.02mi

Listing history 50 events

1. 2026-04-29
   status Pending
2. 2026-04-20
   status Active
3. 2026-03-27
   status Pending
4. 2026-03-26
   historical
5. 2026-03-23
   listed $239,000 Active
6. 2026-03-16
   historical $239,000
7. 2017-12-22
   soldstatus $170,000
8. 2017-12-15
   soldstatus $170,000 Sold 399-char remark

   Show marketing remark (399 chars)

   Cute 2 Bedroom/2 Full Bath Rambler located in Idlewilde. Complete make-over, all new Stainless Steel appliances, New Kitchen & Bath Cabinets, New Floors, New Paint, New recessed lighting, New Granite Counter Tops, New Bathroom fixtures, New Windows, spacious back yard, Enjoy your morning coffee while watching a spectacular sunrise from the Community Pier. * * 100% Financing -USDA ELIGIBLE!

9. 2017-12-15
   soldstatus $170,000 399-char remark

   Show marketing remark (399 chars)

   Cute 2 Bedroom/2 Full Bath Rambler located in Idlewilde. Complete make-over, all new Stainless Steel appliances, New Kitchen & Bath Cabinets, New Floors, New Paint, New recessed lighting, New Granite Counter Tops, New Bathroom fixtures, New Windows, spacious back yard, Enjoy your morning coffee while watching a spectacular sunrise from the Community Pier. * * 100% Financing -USDA ELIGIBLE!

10. 2017-10-29
    status Contingent (No Kick Out) 399-char remark

    Show marketing remark (399 chars)

    Cute 2 Bedroom/2 Full Bath Rambler located in Idlewilde. Complete make-over, all new Stainless Steel appliances, New Kitchen & Bath Cabinets, New Floors, New Paint, New recessed lighting, New Granite Counter Tops, New Bathroom fixtures, New Windows, spacious back yard, Enjoy your morning coffee while watching a spectacular sunrise from the Community Pier. * * 100% Financing -USDA ELIGIBLE!

11. 2017-10-21
    price $165,000 399-char remark

    Show marketing remark (399 chars)

    Cute 2 Bedroom/2 Full Bath Rambler located in Idlewilde. Complete make-over, all new Stainless Steel appliances, New Kitchen & Bath Cabinets, New Floors, New Paint, New recessed lighting, New Granite Counter Tops, New Bathroom fixtures, New Windows, spacious back yard, Enjoy your morning coffee while watching a spectacular sunrise from the Community Pier. * * 100% Financing -USDA ELIGIBLE!

12. 2017-10-04
    price $184,999 399-char remark

    Show marketing remark (399 chars)

    Cute 2 Bedroom/2 Full Bath Rambler located in Idlewilde. Complete make-over, all new Stainless Steel appliances, New Kitchen & Bath Cabinets, New Floors, New Paint, New recessed lighting, New Granite Counter Tops, New Bathroom fixtures, New Windows, spacious back yard, Enjoy your morning coffee while watching a spectacular sunrise from the Community Pier. * * 100% Financing -USDA ELIGIBLE!

13. 2017-09-21
    price $199,999 399-char remark

    Show marketing remark (399 chars)

    Cute 2 Bedroom/2 Full Bath Rambler located in Idlewilde. Complete make-over, all new Stainless Steel appliances, New Kitchen & Bath Cabinets, New Floors, New Paint, New recessed lighting, New Granite Counter Tops, New Bathroom fixtures, New Windows, spacious back yard, Enjoy your morning coffee while watching a spectacular sunrise from the Community Pier. * * 100% Financing -USDA ELIGIBLE!

14. 2017-09-01
    price $214,900 399-char remark

    Show marketing remark (399 chars)

    Cute 2 Bedroom/2 Full Bath Rambler located in Idlewilde. Complete make-over, all new Stainless Steel appliances, New Kitchen & Bath Cabinets, New Floors, New Paint, New recessed lighting, New Granite Counter Tops, New Bathroom fixtures, New Windows, spacious back yard, Enjoy your morning coffee while watching a spectacular sunrise from the Community Pier. * * 100% Financing -USDA ELIGIBLE!

15. 2017-07-22
    listed $219,000 Active 399-char remark

    Show marketing remark (399 chars)

    Cute 2 Bedroom/2 Full Bath Rambler located in Idlewilde. Complete make-over, all new Stainless Steel appliances, New Kitchen & Bath Cabinets, New Floors, New Paint, New recessed lighting, New Granite Counter Tops, New Bathroom fixtures, New Windows, spacious back yard, Enjoy your morning coffee while watching a spectacular sunrise from the Community Pier. * * 100% Financing -USDA ELIGIBLE!

16. 2017-07-22
    listed $165,000 399-char remark

    Show marketing remark (399 chars)

    Cute 2 Bedroom/2 Full Bath Rambler located in Idlewilde. Complete make-over, all new Stainless Steel appliances, New Kitchen & Bath Cabinets, New Floors, New Paint, New recessed lighting, New Granite Counter Tops, New Bathroom fixtures, New Windows, spacious back yard, Enjoy your morning coffee while watching a spectacular sunrise from the Community Pier. * * 100% Financing -USDA ELIGIBLE!

17. 2016-11-27
    historical
18. 2016-11-10
    historical Temporarily Off-Market
19. 2016-11-05
    historical Contingent (Kick Out)
20. 2016-10-20
    status Contingent (No Kick Out)
21. 2016-08-04
    price
22. 2016-07-06
    listed Active
23. 2016-07-06
    listed $149,999
24. 2016-07-06
    historical Expired
25. 2016-07-06
    historical
26. 2016-06-17
    price
27. 2016-05-26
    price
28. 2016-05-03
    listed Active
29. 2016-05-03
    listed $159,000
30. 2016-03-24
    soldstatus $47,250
31. 2016-03-24
    soldstatus $47,250 Sold
32. 2016-02-23
    status Contract
33. 2016-01-12
    price $85,900
34. 2015-12-30
    price $87,900
35. 2015-12-28
    status Active
36. 2015-12-23
    historical Withdrawn
37. 2015-12-23
    historical
38. 2015-12-13
    listed $89,900 Active
39. 2015-12-13
    listed $85,900
40. 2015-12-13
    historical Temporarily Off-Market
41. 2015-12-02
    price
42. 2015-10-31
    price
43. 2015-10-19
    price
44. 2015-10-19
    status Active
45. 2015-09-27
    status Contingent (No Kick Out)
46. 2015-08-19
    price
47. 2015-06-30
    price
48. 2015-06-15
    price
49. 2015-05-31
    price
50. 2015-04-19
    listed 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: $3,273 · $273/mo
• Projected year-2 tax: $3,273 · $273/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 5/10 Major FEMA zone X (unshaded) · 38% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 8/10 Severe 8 d/yr ≥104°F today · 17 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: $21,780
• − Mortgage interest: −$13,388
• − Property taxes: −$3,273
• − Insurance: −$1,195
• − Repairs & maintenance: −$1,742
• − Management: −$1,742
• − Depreciation: −$6,953
• Taxable loss: −$6,513
• Est. tax savings @ 24.0%: +$1,563
• After-tax cash flow: $-739/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: Anne Arundel County Public Schools
• NCES district ID: 2400060
• Math proficiency: 20% ▼ -21.00%
• Reading proficiency: 37% ▼ -13.00%
• Median HH income: $87,880
• Composite: 28.52/100
• National rank: #6733
• State rank: #10 of 24 in MD

Livability — Shady Side

• Score: 68/100
• State rank: #205
• US rank: #9775

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Shady Side, MD
• City population: 3,011
• Population (ZIP): 3,011

Population outlook (Anne Arundel County) Hauer SSP2

• Today (2025): 617,384 people
• By 2030: 642,094 · +4.0%
• By 2040: 686,621 · +11.2%
• By 2050: 723,031 · +17.1%
• By 2075: 809,346 · +31.1%
• By 2100: 837,658 · +35.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (79%)
• Race & ethnicity: White 79% Black 14% Two or more races 6% Hispanic / Latino 3%
• Common ancestry: Polish 4% Slovak 3% Romanian 3%
• Foreign-born: 4% · Canada
• Languages at home: 92% English-only · Spanish 6% Russian/Polish/Slavic 1% German/W. Germanic 1%

Political lean MEDSL · Anne Arundel

• 2024 margin: D (+13.9) · D 55.7% · R 41.7% · Other 2.6%
• 2008→2024 swing: +15.7pp toward D · 2008: -1.8pp · 2024: 13.9pp
• All cycles: 2024: D+13.9 2020: D+14.5 2016: D+0.7 2012: R+0.9 2008: R+1.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -128.97%
• Current HPI: 264.1045
• 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

+36.6% since first listed

60 events — show timeline

• 2026-04-29 Pending — BRIGHT MLS
• 2026-04-20 Relisted — BRIGHT MLS
• 2026-03-27 Pending — BRIGHT MLS
• 2026-03-26 Listing Removed — BRIGHT MLS
• 2026-03-23 Listed $239,000 BRIGHT MLS
• 2026-03-16 Coming Soon $239,000 BRIGHT MLS
• 2017-12-22 Sold (Public Records) $170,000 Public Records
• 2017-12-15 Sold (MLS) $170,000 BRIGHT MLS
• 2017-12-15 Sold (MLS) $170,000 MRIS
• 2017-10-29 Pending — MRIS
• 2017-10-21 Price Changed $165,000 MRIS
• 2017-10-04 Price Changed $184,999 MRIS
• 2017-09-21 Price Changed $199,999 MRIS
• 2017-09-01 Price Changed $214,900 MRIS
• 2017-07-22 Listed $219,000 MRIS
• 2017-07-22 Listed $165,000 BRIGHT MLS
• 2016-11-27 Listing Removed — BRIGHT MLS
• 2016-11-10 Delisted — MRIS
• 2016-11-05 Contingent — MRIS
• 2016-10-20 Pending — MRIS
• 2016-08-04 Price Changed — MRIS
• 2016-07-06 Listed — MRIS
• 2016-07-06 Listing Removed — BRIGHT MLS
• 2016-07-06 Delisted — MRIS
• 2016-07-06 Listed $149,999 BRIGHT MLS
• 2016-06-17 Price Changed — MRIS
• 2016-05-26 Price Changed — MRIS
• 2016-05-03 Listed — MRIS
• 2016-05-03 Listed $159,000 BRIGHT MLS
• 2016-03-24 Sold (MLS) $47,250 MRIS
• 2016-03-24 Sold (MLS) $47,250 BRIGHT MLS
• 2016-02-23 Pending — MRIS
• 2016-01-12 Price Changed $85,900 MRIS
• 2015-12-30 Price Changed $87,900 MRIS
• 2015-12-28 Relisted — MRIS
• 2015-12-23 Listing Removed — BRIGHT MLS
• 2015-12-23 Delisted — MRIS
• 2015-12-13 Listed $89,900 MRIS
• 2015-12-13 Delisted — MRIS
• 2015-12-13 Listed $85,900 BRIGHT MLS
• 2015-12-02 Price Changed — MRIS
• 2015-10-31 Price Changed — MRIS
• 2015-10-19 Price Changed — MRIS
• 2015-10-19 Relisted — MRIS
• 2015-09-27 Pending — MRIS
• 2015-08-19 Price Changed — MRIS
• 2015-06-30 Price Changed — MRIS
• 2015-06-15 Price Changed — MRIS
• 2015-05-31 Price Changed — MRIS
• 2015-04-19 Listed — MRIS
• 2015-04-18 Listed $89,900 BRIGHT MLS
• 2014-07-11 Delisted — MRIS
• 2014-07-11 Listing Removed — BRIGHT MLS
• 2014-06-11 Listed — MRIS
• 2014-06-11 Listed $129,500 BRIGHT MLS
• 2005-12-08 Sold (Public Records) $175,000 Public Records
• 2005-12-08 Sold (Public Records) $175,000 Public Records
• 2005-11-04 Sold (MLS) $175,000 MRIS
• 2005-09-16 Listed $175,000 MRIS
• 2005-09-16 Delisted — MRIS

Property tax history

+4.5%/yr

Latest (2025): $3,273 · +1.7% YoY. Source: county tax records.