5217 Newton St #101 · Bladensburg, MD 20710

$95,000

2 bd · 1.0 ba · 922 sqft · Condo public records · 69 Days on market

Built 1966 $329/mo HOA · 21% of rent

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Why this score? — see what drove the B- 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 +23.4/30.0
• 1% rule +10.0/10.0
• Appreciation +10.0/10.0
• DSCR +7.5/10.0
• ARV discount +7.5/15.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.7/10.0

Listing remarks MLS

Welcome to this beautifully updated 2-bedroom, 1-full-bath condo located in the desirable Bladenwoods community of Bladensburg, MD. This move-in-ready home offers a comfortable and modern living space with thoughtful updates throughout. The property is conveniently located near grocery stores, hospitals, and other everyday amenities, making daily errands a breeze. Commuters will appreciate the easy access to Highway 295, providing a smooth commute to and from the Washington, DC area. This condo is an excellent opportunity for homeowners or investors seeking comfort, convenience, and a prime location.

Key facts

• Move-in-ready home
• Updated condo
• $329 HOA

Tags

• UPDATED CONDO
• MOVE-IN-READY HOME
• EASY ACCESS TO HIGHWAY 295

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath condo listed at $95k.

Deal economics

• At list price, monthly cash flow is $176 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $95k).
• Recommended offer: $89k (6.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 64/100 on livability (#277 in MD) — a middle-class / working-renter tenant base. Strengths: housing A, health & safety A; Watch: employment C-, cost of living C-, amenities D.
• 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: 20 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 1,481 units permitted in Prince George's County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $10k of equity ($657 loan paydown + $10k appreciation (10.0% local appreciation)).
• Prince George's County population projected at +18% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (10.0% appreciation + 3.0% rent growth), your $27k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 4, paydown + projected appreciation supports a ~$36k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 69 days — a 6% lower offer ($89k) is reasonable based on typical stale-listing flexibility.
• 4 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.
• Current owner paid $24k; list at $95k implies a 288% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: property tax is 2.5% of price; HOA is 21% of rent.
• Climate carrying-cost: moderate flood risk; extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $89,300 (6.0% below list)

Questions for the listing agent

1. It's been on market 69 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1966 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. 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?
6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
8. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
9. 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?
10. 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.
11. 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.
12. 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: 1.65% ✓
• Cap rate: 8.52%
• Cash-on-cash: 7.95%
• DSCR: 1.35
• GRM: 5.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 30.2%
• Equity multiple: 3.38×
• Total profit: $63,241
• Equity at exit: $85,584

10-year hold

• IRR: 26.2%
• Equity multiple: 7.69×
• Total profit: $177,952
• Equity at exit: $184,564

Cash invested: $26,600 (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 20710

• Home prices YoY: 4.8%
• Active inventory: 20
• Price-to-rent: 5.0×

Monthly cashflow live

• Estimated rent: $1,571 high
• Mortgage (P&I): −$498
• Tax from tax record: −$198 /mo · $2,376/yr
• Insurance: −$40
• HOA: −$329
• Vacancy / Maint / Mgmt: −$330
• Net cashflow: $176

Break-even live

Break-even rent $1,348

Max offer price $95,000

Occupancy floor 84%

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: $23,750
• Closing costs: $2,850
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5215 Newton St #104 Bladensburg, MD	2.0	1.0	922	$1,850	$2.01	43d	1	0.05mi
5200 Newton St #202 Bladensburg, MD	2.0	1.5	925	$1,650	$1.78	24d	1	0.13mi
5200 Newton St Bladensburg, MD	2.0	1.0–1.5	931	$1,650	$1.77	43d	2	0.13mi
5301 Quincy St Unit 01-304 FR Bladensburg, MD	2.0	1.0	905	$1,750	$1.93	43d	1	0.15mi
5301 Quincy St Unit 1204 Bladensburg, MD	2.0	1.0	905	$1,750	$1.93	24d	1	0.16mi
5201 Quincy St Bladensburg, MD	1.0	1.0	725	$1,195	$1.65	5d	1	0.16mi
3554 55th Ave Hyattsville, MD	1.0–3.0	1.0	603	$1,551	$2.57	2d	7	0.20mi
5200 Quincy St Unit 304 Bladensburg, MD	1.0	1.0	750	$1,195	$1.59	5d	1	0.20mi
3901 53rd St Bladensburg, MD	1.0–2.0	1.0	850	$1,495	$1.76	2d	2	0.20mi
5360 Quincy Pl Unit 3908-202 Hyattsville, MD	1.0	1.0	655	$1,365	$2.08	12d	1	0.23mi
5360 Quincy Pl Unit 3908-302 Hyattsville, MD	1.0	1.0	655	$1,365	$2.08	43d	1	0.23mi
4101 53rd Ave Unit 4103A1 Bladensburg, MD	2.0	1.0	788	$1,725	$2.19	43d	1	0.34mi
4101 53rd Ave Unit 4200A4 Bladensburg, MD	1.0	1.0	607	$1,525	$2.51	43d	1	0.34mi
4101 53rd Ave Unit 4200P4 Bladensburg, MD	1.0	1.0	607	$1,395	$2.30	43d	1	0.34mi
4101 53rd Ave Unit 4102P3 Bladensburg, MD	1.0	1.0	642	$1,375	$2.14	43d	1	0.34mi
4101 53rd Ave Unit 4202A1 Bladensburg, MD	1.0	1.0	607	$1,345	$2.22	43d	1	0.34mi
4101 53rd Ave Unit 4104A5 Bladensburg, MD	1.0	1.0	578	$1,335	$2.31	44d	1	0.34mi
4101 53rd Ave Unit 4210P2 Bladensburg, MD	2.0	1.0	788	$1,725	$2.19	24d	1	0.34mi
4101 53rd Ave Unit 4200A1 Bladensburg, MD	2.0	1.0	607	$1,565	$2.58	24d	1	0.34mi
4109 51st St Unit 5102T102 Bladensburg, MD	2.0	1.0	755	$1,630	$2.16	24d	1	0.42mi
4109 51st St Unit 5100T201 Bladensburg, MD	1.0	1.0	640	$1,535	$2.40	43d	1	0.42mi
4109 51st St Unit 4105T202 Bladensburg, MD	1.0	1.0	640	$1,510	$2.36	24d	1	0.42mi
4611 Edmonston Rd Unit 1 Hyattsville, MD	2.0	1.0	850	$1,750	$2.06	24d	1	0.67mi
5802 Annapolis Rd Bladensburg, MD	1.0–2.0	1.0–2.0	796	$1,898	$2.38	2d	22	0.73mi
4203 58th Ave Bladensburg, MD	1.0–3.0	1.0–2.0	752	$1,732	$2.30	3d	16	0.77mi
4203 58th Ave Bladensburg, MD	1.0–2.0	1.0	735	$2,069	$2.81	1d	61	0.77mi
4202 58th Ave Bladensburg, MD	1.0	1.0	684	$1,416	$2.07	3d	12	0.96mi
3405 Laurel Ave Unit C Cheverly, MD	1.0	1.0	550	$1,200	$2.18	43d	1	0.98mi
3839 64th Ave Hyattsville, MD	2.0	1.0	875	$1,650	$1.89	1d	4	1.10mi
5033 57th Ave Bladensburg, MD	1.0–3.0	1.0–2.0	766	$1,749	$2.28	2d	12	1.24mi
5323 Taylor Rd Unit 1546071P Riverdale, MD	3.0	2.0	1097	$2,258	$2.06	15d	1	1.30mi
6011 Emerson St Bladensburg, MD	2.0	1.0	737	$1,662	$2.26	15d	3	1.33mi
6011 Emerson St Bladensburg, MD	2.0	1.0	737	$1,688	$2.29	43d	2	1.33mi
6011 Emerson St Bladensburg, MD	1.0–2.0	1.0	737	$1,725	$2.34	24d	3	1.33mi
3806 39th St Unit 3 Brentwood, MD	2.0	1.0	800	$1,650	$2.06	43d	1	1.41mi
6501 Landover Rd Cheverly, MD	1.0–3.0	1.0–1.5	911	$1,807	$1.98	2d	14	1.42mi
5103 43rd Ave Unit 5103-104 Hyattsville, MD	1.0	1.0	600	$1,350	$2.25	17d	1	1.43mi
3750 Jamison St NE Washington, DC	2.0	1.0–2.0	761	$2,676	$3.51	2d	8	1.45mi
4100 Rhode Island Ave Brentwood, MD	1.0–2.0	1.0–2.0	822	$2,650	$3.22	1d	11	1.46mi
5334 Baltimore Ave Hyattsville, MD	2.0	1.0–2.0	895	$3,501	$3.91	5d	51	1.48mi

HOA detail condo

• Monthly dues: $329 · $3,948/yr
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 14 events

1. 2026-06-17
   status $95,000 Pending 69 DOM
2. 2026-05-14
   historical Active Under Contract 607-char remark

   Show marketing remark (607 chars)

   Welcome to this beautifully updated 2-bedroom, 1-full-bath condo located in the desirable Bladenwoods community of Bladensburg, MD. This move-in-ready home offers a comfortable and modern living space with thoughtful updates throughout. The property is conveniently located near grocery stores, hospitals, and other everyday amenities, making daily errands a breeze. Commuters will appreciate the easy access to Highway 295, providing a smooth commute to and from the Washington, DC area. This condo is an excellent opportunity for homeowners or investors seeking comfort, convenience, and a prime location.

3. 2026-05-08
   status Active 607-char remark

   Show marketing remark (607 chars)

   Welcome to this beautifully updated 2-bedroom, 1-full-bath condo located in the desirable Bladenwoods community of Bladensburg, MD. This move-in-ready home offers a comfortable and modern living space with thoughtful updates throughout. The property is conveniently located near grocery stores, hospitals, and other everyday amenities, making daily errands a breeze. Commuters will appreciate the easy access to Highway 295, providing a smooth commute to and from the Washington, DC area. This condo is an excellent opportunity for homeowners or investors seeking comfort, convenience, and a prime location.

4. 2026-05-04
   historical
5. 2026-05-03
   historical Active Under Contract
6. 2026-04-30
   listed $95,000 Active
7. 2026-04-15
   status Pending 607-char remark

   Show marketing remark (607 chars)

   Welcome to this beautifully updated 2-bedroom, 1-full-bath condo located in the desirable Bladenwoods community of Bladensburg, MD. This move-in-ready home offers a comfortable and modern living space with thoughtful updates throughout. The property is conveniently located near grocery stores, hospitals, and other everyday amenities, making daily errands a breeze. Commuters will appreciate the easy access to Highway 295, providing a smooth commute to and from the Washington, DC area. This condo is an excellent opportunity for homeowners or investors seeking comfort, convenience, and a prime location.

8. 2026-04-04
   price $95,000 607-char remark

   Show marketing remark (607 chars)

   Welcome to this beautifully updated 2-bedroom, 1-full-bath condo located in the desirable Bladenwoods community of Bladensburg, MD. This move-in-ready home offers a comfortable and modern living space with thoughtful updates throughout. The property is conveniently located near grocery stores, hospitals, and other everyday amenities, making daily errands a breeze. Commuters will appreciate the easy access to Highway 295, providing a smooth commute to and from the Washington, DC area. This condo is an excellent opportunity for homeowners or investors seeking comfort, convenience, and a prime location.

9. 2026-03-20
   price $100,000 607-char remark

   Show marketing remark (607 chars)

   Welcome to this beautifully updated 2-bedroom, 1-full-bath condo located in the desirable Bladenwoods community of Bladensburg, MD. This move-in-ready home offers a comfortable and modern living space with thoughtful updates throughout. The property is conveniently located near grocery stores, hospitals, and other everyday amenities, making daily errands a breeze. Commuters will appreciate the easy access to Highway 295, providing a smooth commute to and from the Washington, DC area. This condo is an excellent opportunity for homeowners or investors seeking comfort, convenience, and a prime location.

10. 2026-03-07
    status Active 607-char remark

    Show marketing remark (607 chars)

    Welcome to this beautifully updated 2-bedroom, 1-full-bath condo located in the desirable Bladenwoods community of Bladensburg, MD. This move-in-ready home offers a comfortable and modern living space with thoughtful updates throughout. The property is conveniently located near grocery stores, hospitals, and other everyday amenities, making daily errands a breeze. Commuters will appreciate the easy access to Highway 295, providing a smooth commute to and from the Washington, DC area. This condo is an excellent opportunity for homeowners or investors seeking comfort, convenience, and a prime location.

11. 2026-02-19
    status Pending 607-char remark

    Show marketing remark (607 chars)

    Welcome to this beautifully updated 2-bedroom, 1-full-bath condo located in the desirable Bladenwoods community of Bladensburg, MD. This move-in-ready home offers a comfortable and modern living space with thoughtful updates throughout. The property is conveniently located near grocery stores, hospitals, and other everyday amenities, making daily errands a breeze. Commuters will appreciate the easy access to Highway 295, providing a smooth commute to and from the Washington, DC area. This condo is an excellent opportunity for homeowners or investors seeking comfort, convenience, and a prime location.

12. 2026-01-26
    listed $120,000 Active 607-char remark

    Show marketing remark (607 chars)

    Welcome to this beautifully updated 2-bedroom, 1-full-bath condo located in the desirable Bladenwoods community of Bladensburg, MD. This move-in-ready home offers a comfortable and modern living space with thoughtful updates throughout. The property is conveniently located near grocery stores, hospitals, and other everyday amenities, making daily errands a breeze. Commuters will appreciate the easy access to Highway 295, providing a smooth commute to and from the Washington, DC area. This condo is an excellent opportunity for homeowners or investors seeking comfort, convenience, and a prime location.

13. 2022-02-03
    price $1,399
14. 1978-03-14
    soldstatus $24,500

ⓘ 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: $2,376 · $198/mo
• Projected year-2 tax: $2,376 · $198/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) · 26% 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 4/10 Moderate 19% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,851
• − Mortgage interest: −$5,321
• − Property taxes: −$2,376
• − Insurance: −$475
• − Repairs & maintenance: −$1,508
• − Management: −$1,508
• − HOA: −$3,948
• − Depreciation: −$2,764
• Taxable income: $951
• Est. tax owed @ 24.0%: −$228
• After-tax cash flow: $1,887/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 — Bladensburg

• Score: 64/100
• State rank: #277
• US rank: #14239

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Bladensburg, MD
• County: Prince Georges County · 919,866 people
• City population: 9,801
• Metro: Washington-Arlington-Alexandria, DC-VA-MD-WV
• Population (ZIP): 9,801
• Household income: $63,810
• Rent vs Own: 78.8% rent · 21.2% own
• Severe rent burden: 810.0

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: Majority Black (57%)
• Race & ethnicity: Black 57% Hispanic / Latino 40% Two or more races 9%
• Hispanic origin (detail): Mexican 16% Dominican 2%
• Common ancestry: Swiss 1%
• Foreign-born: 38% · Canada, South Korea, Guatemala
• Languages at home: 50% English-only · Spanish 34% French/Haitian/Cajun 7% Korean 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: ▲ 16.66%
• Current HPI: 365.4382
• Rent YoY: —
• 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

+287.8% since first listed

13 events — show timeline

• 2026-05-14 Contingent — BRIGHT MLS
• 2026-05-08 Relisted — BRIGHT MLS
• 2026-05-04 Listing Removed — BRIGHT MLS
• 2026-05-03 Contingent — BRIGHT MLS
• 2026-04-30 Listed $95,000 BRIGHT MLS
• 2026-04-15 Pending — BRIGHT MLS
• 2026-04-04 Price Changed $95,000 BRIGHT MLS
• 2026-03-20 Price Changed $100,000 BRIGHT MLS
• 2026-03-07 Relisted — BRIGHT MLS
• 2026-02-19 Pending — BRIGHT MLS
• 2026-01-26 Listed $120,000 BRIGHT MLS
• 2022-02-03 Price Changed $1,399 RENT.
• 1978-03-14 Sold (Public Records) $24,500 Public Records

Property tax history

+6.1%/yr

Latest (2024): $2,376 · +2.9% YoY. Source: county tax records.