1569 Williams Ave · Essex, MD
Flood risk 5/10 · Moderate
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.54%
- Est. flood insurance / yr
- $473 – $860
Fire risk 3/10 · Minor
- Est. fire insurance / yr
- $755 – $1,403
Heat risk 8/10 · Major
- Hot days now (above 104°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 6/10 · Moderate
- Chance of severe wind over 30 yrs
- 45.0%
Air-quality risk 5/10 · Moderate
- Unhealthy air days now
- 6 days/yr
- Unhealthy air days in 30 yrs
- 8 days/yr
Risk factors via First Street. Map © Google.
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 +19.7/30.0
- ARV discount +11.2/15.0
- DSCR +6.2/10.0
- 1% rule +5.0/10.0
- Livability +4.0/5.0
- Rent growth +2.8/5.0
- Condition / age +2.5/5.0
- Schools +2.3/10.0
- Appreciation +0.0/10.0
$199,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
This house is unbelievable bargain that boosts 3br, 2full baths, finished basemt which could be one bedroom apartment with separet entrance. beautiful hardwood flrs. under carpet, gorgeously remodeled kit w/ oak cabinets, detached garage, enclosed front sun room and back spacious porch. alot of space for storage. Seller will entertain all offers.
Key facts
- Screened-in porch
- Lvp flooring
- Wood cabinetry
Tags
Property features AI
Exterior
- Parking: Detached garage (rear entry) with garage door opener and additional storage area; Concrete driveway; Total of 1 garage/parking space
- Utilities: Public water; Public sewer; Cable TV available; Municipal trash service
- Home design: Interior townhouse/rowhouse; Above-grade and below-grade finished areas
- Construction: Brick construction; Block permanent foundation; Above grade and below grade finished spaces
- Exterior features: Brick enclosed/screened porch; Patio(s); Porches; Screened outdoor living areas; Sidewalks
Interior
- Kitchen: Dishwasher; Disposal; Microwave; Single oven; Gas range / oven-range; Range hood; Refrigerator; Stainless steel appliances; Stove; Eat-in kitchen
- Bedrooms: Two bedrooms on the upper level; Master bedroom
- Flooring: Ceramic tile; Hardwood; Luxury vinyl plank; Wood floors
- Bathrooms: One full bathroom (upper level); One half bathroom (lower level)
- Heating & cooling: Central heating (forced air) with natural gas; Central air conditioning; Ceiling fans; Programmable thermostat; Electric hot water
- Interior features: Soaking tub and tub/shower combination; Ceiling fans; Combination dining/living area; Combination kitchen/dining area; Crown moldings; Dining area; Traditional floor plan; Eat-in kitchen; Recessed lighting; Window treatments; Wood floors; Storm and French doors
- Laundry & utility: Washer; Dryer (electric); Water heater
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/1.0-bath townhouse listed at $200k.
Deal economics
- At list price, monthly cash flow is $235 ($3k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $200k).
- Recommended offer: $194k (3.0% below list) — sets the bar for market timing.
- Cap rate 7.7% vs local median 4.9% in Essex — 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 79/100 on livability (#60 in MD, #2,277 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, housing A+, health & safety A; Watch: amenities D+, crime F.
- Baltimore County Public Schools (suburban): math 15% / reading 34% proficiency, ranked #11 of 24 in MD (top 46%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
- Zoned schools: Campfield Early Childhood Center (352 students, 62% FRL); Deep Creek Middle (math 3% / reading 21%, grade F, #202 of 225 statewide, top 91%, 752 students, 74% FRL); Chesapeake High (math 5% / reading 27%, grade F, #183 of 222 statewide, top 82%, 1,047 students, 64% FRL) — zoned schools average 67% FRL vs 39% district-wide (28 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Market conditions: Rents rising (+1.1%/yr); 142 active listings in the ZIP; 26 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 1,511 units permitted in Baltimore County in 2024 (643 in 5+ unit buildings).
- This rent runs 36% of the median local income ($67k/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 $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
- Baltimore County population projected at +12% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
Negotiation context
- It's been on market 46 days — a 3% lower offer ($194k) is reasonable based on typical stale-listing flexibility.
- 7 sale attempts since 29y ago; this cycle's ask has dropped $25k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $140k; 43% above their basis — modest negotiation headroom, anchor on the comps not their cost.
Risks & watch-outs
- Watch-outs: built in 1956 — expect roof / HVAC / electrical / plumbing capex.
- Climate carrying-cost: moderate flood risk; major wind risk, 45% chance of damaging wind over 30y; extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 46 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
- Built in 1956 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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.
- 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.
- 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
- 1.00% ✓
- Cap rate
- 7.71%
- Cash-on-cash
- 5.05%
- DSCR
- 1.22
- GRM
- 8.3
CMA / ARV
- ARV (median comp)
- $217,581
- List price
- $199,900
- Delta
- -8.13%
- Verdict
- FAIR
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 774 Seawall | 0.27mi | 3/1.5 (+1) | 1,521 (-0%) | 1mo | $258,000 | $170 | 79 |
| 1654 Poles Rd | 0.19mi | 3/2.0 (+1) | 1,539 (+1%) | 8mo | $181,000 | $118 | 74 |
| 267 Southeastern Ter | 0.20mi | 3/2.0 (+1) | 1,512 (-1%) | 11mo | $235,000 | $155 | 71 |
| 783 Seawall Rd | 0.24mi | 3/1.0 (+1) | 1,396 (-9%) | 2mo | $245,000 | $176 | 67 |
| 36 Bladen Rd | 0.33mi | 3/2.0 (+1) | 1,512 (-1%) | 8mo | $248,000 | $164 | 67 |
| 548 Hopkins Landing Dr #548 | 0.64mi | 2/2.0 | 1,548 (+1%) | 2mo | $290,000 | $187 | 63 |
| 712 Seawall Rd | 0.31mi | 3/1.5 (+1) | 1,396 (-9%) | 8mo | $247,000 | $177 | 57 |
| 556 Hopkins Landing Dr #556 | 0.64mi | 2/2.0 | 1,547 (+1%) | 10mo | $330,000 | $213 | 56 |
| 1641 Riverwood Rd | 0.23mi | 3/1.5 (+1) | 1,312 (-14%) | 8mo | $235,000 | $179 | 52 |
| 41 Luffing Ct | 0.50mi | 2/1.5 | 1,358 (-11%) | 11mo | $255,000 | $188 | 47 |
| 608 Hopkins Landing Dr #608 | 0.65mi | 2/2.0 | 1,654 (+8%) | 8mo | $280,000 | $169 | 46 |
| 618 Hopkins Landing Dr #618 | 0.65mi | 2/2.0 | 1,654 (+8%) | 10mo | $280,000 | $169 | 44 |
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 · 1.08% rent growth · sell at horizon
- IRR
- -10.6%
- Equity multiple
- 0.62×
- Total profit
- $-21,196
- Equity at exit
- $29,806
- IRR
- -4.2%
- Equity multiple
- 0.75×
- Total profit
- $-14,130
- Equity at exit
- $17,284
Cash invested: $55,972 (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
ZIP-level market 21221
- Rents YoY
- 1.1%
- Active inventory
- 142
- Price-to-rent
- 8.3×
Monthly cashflow live
- Estimated rent
- $2,007 high interval (Pro) →
- Mortgage (P&I)
- −$1,048
- Tax from tax record
- −$218 /mo · $2,620/yr
- Insurance
- −$83
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$421
- Net cashflow
- $235
Break-even live
Sensitivity live
| Price | -10% $349 | -5% $292 | +0% $235 | +5% $179 | +10% $122 |
|---|---|---|---|---|---|
| Rent | -10% $77 | -5% $156 | +0% $235 | +5% $315 | +10% $394 |
| Rate | -1.0pp $336 | -0.5pp $286 | base $235 | +0.5pp $184 | +1.0pp $131 |
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
- $49,975
- Closing costs
- $5,997
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 26 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1402 Nicolay Way Essex, MD | 3.0 | 2.0 | 1432 | $1,925 | $1.34 | 5d | 1 | 0.13mi |
| 1402 Nicolay Way Unit 1 Essex, MD | 3.0 | 1.5 | 1432 | $1,925 | $1.34 | 6d | 1 | 0.13mi |
| 706 Seawall Rd Essex, MD | 3.0 | 1.0 | 1114 | $1,900 | $1.71 | 6d | 1 | 0.27mi |
| 28 Ebbing Ct Essex, MD | 3.0 | 2.5 | 1464 | $2,095 | $1.43 | 0d | 1 | 0.42mi |
| 146 Marine Oaks Dr Essex, MD | 3.0 | 1.5 | 1516 | $2,700 | $1.78 | 25d | 1 | 0.43mi |
| 19 Mooring Ct Essex, MD | 3.0 | 1.5 | 1439 | $1,900 | $1.32 | 0d | 1 | 0.44mi |
| 439 Hopkins Landing Dr Essex, MD | 2.0 | 2.0 | 1485 | $1,795 | $1.21 | 12d | 1 | 0.66mi |
| 1710 Huber Rd Essex, MD | 3.0 | 2.5 | 1848 | $2,900 | $1.57 | 45d | 1 | 0.76mi |
| 54 Stemmers Run Rd Essex, MD | 3.0 | 2.5 | 1260 | $1,950 | $1.55 | 45d | 1 | 0.77mi |
| 1022 Foxwood Ln Essex, MD | 3.0 | 2.0 | 1152 | $2,200 | $1.91 | 18d | 1 | 0.80mi |
| 1112 Tace Dr Essex, MD | 3.0 | 1.0 | 1728 | $1,788 | $1.04 | 0d | 14 | 0.85mi |
| 1005 Kayden Ln Essex, MD | 3.0 | 1.5 | 1152 | $2,200 | $1.91 | 45d | 1 | 0.86mi |
| 953 Walnut Grove Rd Essex, MD | 3.0 | 2.0–2.5 | 1600 | $2,108 | $1.32 | 0d | 18 | 0.87mi |
| 951 Bayner Rd Unit 951 Essex, MD | 3.0 | 2.0 | 1152 | $2,200 | $1.91 | 45d | 1 | 0.99mi |
| 736 West Kingsway Middle River, MD | 3.0 | 1.0 | 1100 | $1,742 | $1.58 | 21d | 7 | 1.08mi |
| 2128 Cockspur Rd Middle River, MD | 3.0 | 1.5 | 1272 | $2,100 | $1.65 | 25d | 1 | 1.08mi |
| 2167 Graythorn Rd Middle River, MD | 3.0 | 1.5 | 1324 | $1,900 | $1.44 | 25d | 1 | 1.16mi |
| 2203 Redthorn Rd Middle River, MD | 3.0 | 2.0 | 1144 | $2,200 | $1.92 | 12d | 1 | 1.22mi |
| 153 Bennett Rd Unit Labs Essex, MD | 2.0 | 2.0 | 1196 | $1,800 | $1.51 | 6d | 1 | 1.25mi |
| 2202 Firethorn Rd Middle River, MD | 3.0 | 2.5 | 1324 | $2,300 | $1.74 | 45d | 1 | 1.25mi |
| 2207 Firethorn Rd Middle River, MD | 3.0 | 1.5 | 1600 | $2,400 | $1.50 | 18d | 1 | 1.27mi |
| 406 Essexwood Ct Essex, MD | 3.0 | 2.5 | 1280 | $2,400 | $1.88 | 45d | 1 | 1.29mi |
| 60 S Hawthorne Rd Middle River, MD | 3.0 | 1.0 | 1234 | $2,250 | $1.82 | 45d | 1 | 1.30mi |
| 2125 Hawthorne Rd Middle River, MD | 3.0 | 2.0 | 1299 | $2,100 | $1.62 | 45d | 1 | 1.35mi |
| 832 N Marlyn Ave Essex, MD | 3.0 | 2.0 | 1416 | $2,300 | $1.62 | 45d | 1 | 1.39mi |
| 233 Orville Rd Essex, MD | 3.0 | 2.0 | 1144 | $1,850 | $1.62 | 45d | 1 | 1.39mi |
Listing history 39 events
-
2026-06-21days on market $199,900 Active 46 DOM
-
2026-06-18days on market $199,900 Active 43 DOM
-
2026-06-17days on market $199,900 Active 42 DOM
-
2026-06-16days on market $199,900 Active 41 DOM
-
2026-06-15days on market $199,900 Active 40 DOM
-
2026-06-13pricedays on market $199,900 Active 38 DOM
-
2026-06-09days on market $215,000 Active 34 DOM
-
2026-06-08days on market $215,000 Active 33 DOM
-
2026-06-07days on market $215,000 Active 32 DOM
-
2026-06-04days on market $215,000 Active 29 DOM
-
2026-06-03days on market $215,000 Active 28 DOM
-
2026-06-02days on market $215,000 Active 27 DOM
-
2026-06-01days on market $215,000 Active 26 DOM
-
2026-05-31days on market $215,000 Active 25 DOM
-
2026-05-06$225,000 Active 2054-char remark
-
2009-08-11soldstatus $140,000
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2009-08-11soldstatus $140,000
-
2009-08-03soldstatus $140,000 Sold 348-char remark
Show marketing remark (348 chars)
This house is unbelievable bargain that boosts 3br, 2full baths, finished basemt which could be one bedroom apartment with separet entrance. beautiful hardwood flrs. under carpet, gorgeously remodeled kit w/ oak cabinets, detached garage, enclosed front sun room and back spacious porch. alot of space for storage. Seller will entertain all offers.
-
2009-08-03soldstatus $140,000
Show marketing remark (348 chars)
This house is unbelievable bargain that boosts 3br, 2full baths, finished basemt which could be one bedroom apartment with separet entrance. beautiful hardwood flrs. under carpet, gorgeously remodeled kit w/ oak cabinets, detached garage, enclosed front sun room and back spacious porch. alot of space for storage. Seller will entertain all offers.
-
2009-06-24historical 348-char remark
Show marketing remark (348 chars)
This house is unbelievable bargain that boosts 3br, 2full baths, finished basemt which could be one bedroom apartment with separet entrance. beautiful hardwood flrs. under carpet, gorgeously remodeled kit w/ oak cabinets, detached garage, enclosed front sun room and back spacious porch. alot of space for storage. Seller will entertain all offers.
-
2009-06-20historical
Show marketing remark (348 chars)
This house is unbelievable bargain that boosts 3br, 2full baths, finished basemt which could be one bedroom apartment with separet entrance. beautiful hardwood flrs. under carpet, gorgeously remodeled kit w/ oak cabinets, detached garage, enclosed front sun room and back spacious porch. alot of space for storage. Seller will entertain all offers.
-
2009-04-08price $139,999 348-char remark
Show marketing remark (348 chars)
This house is unbelievable bargain that boosts 3br, 2full baths, finished basemt which could be one bedroom apartment with separet entrance. beautiful hardwood flrs. under carpet, gorgeously remodeled kit w/ oak cabinets, detached garage, enclosed front sun room and back spacious porch. alot of space for storage. Seller will entertain all offers.
-
2009-02-12price $149,550 348-char remark
Show marketing remark (348 chars)
This house is unbelievable bargain that boosts 3br, 2full baths, finished basemt which could be one bedroom apartment with separet entrance. beautiful hardwood flrs. under carpet, gorgeously remodeled kit w/ oak cabinets, detached garage, enclosed front sun room and back spacious porch. alot of space for storage. Seller will entertain all offers.
-
2009-01-07price $159,000 348-char remark
Show marketing remark (348 chars)
This house is unbelievable bargain that boosts 3br, 2full baths, finished basemt which could be one bedroom apartment with separet entrance. beautiful hardwood flrs. under carpet, gorgeously remodeled kit w/ oak cabinets, detached garage, enclosed front sun room and back spacious porch. alot of space for storage. Seller will entertain all offers.
-
2008-10-08status 348-char remark
Show marketing remark (348 chars)
This house is unbelievable bargain that boosts 3br, 2full baths, finished basemt which could be one bedroom apartment with separet entrance. beautiful hardwood flrs. under carpet, gorgeously remodeled kit w/ oak cabinets, detached garage, enclosed front sun room and back spacious porch. alot of space for storage. Seller will entertain all offers.
-
2008-10-01historical 348-char remark
Show marketing remark (348 chars)
This house is unbelievable bargain that boosts 3br, 2full baths, finished basemt which could be one bedroom apartment with separet entrance. beautiful hardwood flrs. under carpet, gorgeously remodeled kit w/ oak cabinets, detached garage, enclosed front sun room and back spacious porch. alot of space for storage. Seller will entertain all offers.
-
2008-09-03price $159,999 348-char remark
Show marketing remark (348 chars)
This house is unbelievable bargain that boosts 3br, 2full baths, finished basemt which could be one bedroom apartment with separet entrance. beautiful hardwood flrs. under carpet, gorgeously remodeled kit w/ oak cabinets, detached garage, enclosed front sun room and back spacious porch. alot of space for storage. Seller will entertain all offers.
-
2008-07-16price $165,000 348-char remark
Show marketing remark (348 chars)
This house is unbelievable bargain that boosts 3br, 2full baths, finished basemt which could be one bedroom apartment with separet entrance. beautiful hardwood flrs. under carpet, gorgeously remodeled kit w/ oak cabinets, detached garage, enclosed front sun room and back spacious porch. alot of space for storage. Seller will entertain all offers.
-
2008-07-09status 348-char remark
Show marketing remark (348 chars)
This house is unbelievable bargain that boosts 3br, 2full baths, finished basemt which could be one bedroom apartment with separet entrance. beautiful hardwood flrs. under carpet, gorgeously remodeled kit w/ oak cabinets, detached garage, enclosed front sun room and back spacious porch. alot of space for storage. Seller will entertain all offers.
-
2008-07-03historical 348-char remark
Show marketing remark (348 chars)
This house is unbelievable bargain that boosts 3br, 2full baths, finished basemt which could be one bedroom apartment with separet entrance. beautiful hardwood flrs. under carpet, gorgeously remodeled kit w/ oak cabinets, detached garage, enclosed front sun room and back spacious porch. alot of space for storage. Seller will entertain all offers.
-
2008-03-27$168,000 348-char remark
Show marketing remark (348 chars)
This house is unbelievable bargain that boosts 3br, 2full baths, finished basemt which could be one bedroom apartment with separet entrance. beautiful hardwood flrs. under carpet, gorgeously remodeled kit w/ oak cabinets, detached garage, enclosed front sun room and back spacious porch. alot of space for storage. Seller will entertain all offers.
-
2008-03-27$139,999
Show marketing remark (348 chars)
This house is unbelievable bargain that boosts 3br, 2full baths, finished basemt which could be one bedroom apartment with separet entrance. beautiful hardwood flrs. under carpet, gorgeously remodeled kit w/ oak cabinets, detached garage, enclosed front sun room and back spacious porch. alot of space for storage. Seller will entertain all offers.
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1998-11-12soldstatus $82,000
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1998-10-30soldstatus $82,000
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1998-08-25historical
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1997-12-29$85,900
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1997-12-14historical
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1997-01-26
-
1994-06-30soldstatus $73,500
ⓘ 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
- $2,620 · $218/mo
- Projected year-2 tax
- $2,620 · $218/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) · 54% chance over 30 yrs
- Wildfire 3/10 Moderate
- Heat 8/10 Severe 7 d/yr ≥104°F today · 15 d/yr by 30 yrs out
- Wind 6/10 Major 45% chance of damaging wind over 30 yrs
- Air quality 5/10 Major 6 unhealthy d/yr today · 8 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $24,079
- − Mortgage interest
- −$11,198
- − Property taxes
- −$2,620
- − Insurance
- −$1,000
- − Repairs & maintenance
- −$1,926
- − Management
- −$1,926
- − Depreciation
- −$5,815
- Taxable loss
- −$405
- Est. tax savings @ 24.0%
- +$97
- After-tax cash flow
- $2,921/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
- Baltimore County Public Schools
- NCES district ID
- 2400120
- Math proficiency
- 15% ▼ -16.00%
- Reading proficiency
- 34% ▼ -5.00%
- Median HH income
- $66,746
- Composite
- 23.17/100
- National rank
- #7948
- State rank
- #11 of 24 in MD
Livability — Essex
- Score
- 79/100
- State rank
- #60
- US rank
- #2277
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Essex, MD
- County
- Baltimore County · 769,527 people
- City population
- 43,487
- Metro
- Baltimore-Columbia-Towson, MD
- Population (ZIP)
- 43,487
- Household income
- $67,340
- Rent vs Own
- Severe rent burden
- 1757.0
Population outlook (Baltimore County) Hauer SSP2
- Today (2025)
- 885,518 people
- By 2030
- 909,272 · +2.7%
- By 2040
- 951,547 · +7.5%
- By 2050
- 990,955 · +11.9%
- By 2075
- 1,086,411 · +22.7%
- By 2100
- 1,135,078 · +28.2%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.60)
- Race & ethnicity
- White 54% Black 32% Two or more races 7% Hispanic / Latino 7% Asian 1%
- Hispanic origin (detail)
- Mexican 2% Puerto Rican 1% Dominican 1%
- Common ancestry
- Romanian 5% Lithuanian 1% Slovak 1%
- Foreign-born
- 8% · Canada, China
- Languages at home
- 89% English-only · Spanish 6% French/Haitian/Cajun 1%
Political lean MEDSL · Baltimore
- 2024 margin
- Strong D (+24.5) · D 61.0% · R 36.5% · Other 2.5%
- 2008→2024 swing
- +9.9pp toward D · 2008: 14.6pp · 2024: 24.5pp
- All cycles
- 2024: D+24.5 2020: D+27.0 2016: D+17.4 2012: D+16.4 2008: D+14.6
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -232.14%
- Current HPI
- 237.1069
- Rent YoY
- ▲ 1.08%
- Metro
- Baltimore-Columbia-Towson, MD
- State GDP YoY
- ▲ 2.97%
- F500 in state
- 12
Industry mix (Fortune 500 HQ in MD)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Aerospace / Defense | 1 | $71B |
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| Utilities | 1 | $25B |
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| Hotels | 1 | $24B |
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| Consumer Goods | 1 | $7B |
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| Real Estate | 1 | $6B |
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| Chemicals | 1 | $2B |
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Price history
+172.0% since first listed27 events — show timeline
- 2026-06-10 Price Changed $199,900 BRIGHT MLS
- 2026-05-26 Price Changed $215,000 BRIGHT MLS
- 2026-05-06 Listed $225,000 BRIGHT MLS
- 2009-08-11 Sold (Public Records) $140,000 Public Records
- 2009-08-11 Sold (Public Records) $140,000 Public Records
- 2009-08-03 Sold (MLS) $140,000 MRIS
- 2009-08-03 Sold (MLS) $140,000 BRIGHT MLS
- 2009-06-24 Delisted — MRIS
- 2009-06-20 Listing Removed — BRIGHT MLS
- 2009-04-08 Price Changed $139,999 MRIS
- 2009-02-12 Price Changed $149,550 MRIS
- 2009-01-07 Price Changed $159,000 MRIS
- 2008-10-08 Relisted — MRIS
- 2008-10-01 Delisted — MRIS
- 2008-09-03 Price Changed $159,999 MRIS
- 2008-07-16 Price Changed $165,000 MRIS
- 2008-07-09 Relisted — MRIS
- 2008-07-03 Delisted — MRIS
- 2008-03-27 Listed $168,000 MRIS
- 2008-03-27 Listed $139,999 BRIGHT MLS
- 1998-11-12 Sold (Public Records) $82,000 Public Records
- 1998-10-30 Sold (MLS) $82,000 MRIS
- 1998-08-25 Delisted — MRIS
- 1997-12-29 Listed $85,900 MRIS
- 1997-12-14 Delisted — MRIS
- 1997-01-26 Listed — MRIS
- 1994-06-30 Sold (Public Records) $73,500 Public Records
Property tax history
+1.7%/yrLatest (2025): $2,620 · +4.2% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…