1124 N Point Rd · Dundalk, MD 21222

$100,000

2 bd · 1.0 ba · 1,235 sqft · SingleFamily public records · 16 Days on market

Built 1924 7,500 sqft lot

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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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Livability +4.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.3/10.0
• Appreciation +0.0/10.0

Listing remarks

ABSOLUTE REAL ESTATE AUCTION TO THE HIGHEST BIDDER OVER $100,000 featuring ON SITE and SIMULCAST ONLINE BIDDING! Online Bidding Opens - Tuesday, July 7, 2026. Live On Site Auction - Wednesday, July 8, 2026 at 11:00 AM. List price is opening bid only. Vinyl sided bungalow, constructed in 1924, containing 1,235 square feet of living area and 650 square feet of basement space, according to public tax records. The home has an asphalt shingle roof, vinyl double-hung windows, concrete block foundation and rear wheelchair ramp. 1124 North Point Road is located in southeastern Baltimore County, south of I-695 and east of Merritt Boulevard. Housing in the surrounding area is a mixture of older detac

Key facts

• 7,500 sq ft lot
• Parking
• Built 1924

Property features AI

Finance

• Other: Below-grade area: 650; Above-grade finished area: 1,235; Ground rent paid annually
• Financial info: Ownership: Fee simple; Property condition: Major rehab needed

Exterior

• Parking: Off-street parking (1 space); Total of 1 garage/parking space
• Utilities: Public water; Public sewer
• Home design: Detached structure; Frame construction with vinyl siding
• Construction: Asphalt shingle roof; Block foundation; Double-hung, vinyl-clad windows; Unfinished basement
• Exterior features: Rear fencing; Porch(es), enclosed

Interior

• Kitchen: Gas oven/range; Refrigerator
• Bedrooms: Two bedrooms on the main level
• Bathrooms: One full bathroom (main level)
• Heating & cooling: Forced air heating; Cooling: other
• Interior features: Entry level bedroom; Eat-in kitchen with table space; Sliding glass door

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $100k.

Deal economics

• At list price, monthly cash flow is $747 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $100k).
• Recommended offer: $98k (1.5% below list) — sets the bar for market timing.
• Cap rate 15.3% vs local median 6.2% in Dundalk — 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 85/100 on livability (#16 in MD, #510 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, housing A+; Watch: 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: Berkshire Elementary (math 8% / reading 14%, grade F, #589 of 860 statewide, top 68%, 471 students, 66% FRL); Holabird Middle (math 4% / reading 19%, grade F, #205 of 225 statewide, top 92%, 912 students, 65% FRL); Patapsco High And Center For Arts (math 7% / reading 37%, grade F, #171 of 222 statewide, top 78%, 1,312 students, 62% FRL) — zoned schools average 65% FRL vs 39% district-wide (26 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents soft (-0.1%/yr); 236 active listings in the ZIP; 39 comparable units currently listed for rent nearby; rentals at typical pace (median 20d 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 35% of the median local income ($64k/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 $691 of loan paydown is wiped out by about $3k 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.
• At projected returns (-3.0% appreciation + 0.0% rent growth), your $28k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 16 days — a 2% lower offer ($98k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: built in 1924 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 27% 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.

Recommended offer $98,500 (1.5% below list)

Questions for the listing agent

1. Built in 1924 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
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: 1.90% ✓
• Cap rate: 15.26%
• Cash-on-cash: 32.02%
• DSCR: 2.42
• GRM: 4.4

CMA / ARV

• ARV (on-the-fly): $313,690
• Comps found: 8

Show comp detail 8 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1214 Willow Rd	0.11mi	2/2.0	1,270 (+3%)	10mo	$342,000	$269	78
1237 Willow Rd	0.21mi	3/1.0 (+1)	1,172 (-5%)	2mo	$299,000	$255	75
900 Northpoint Rd	0.54mi	2/1.0	1,248 (+1%)	2mo	$170,000	$136	71
7623 Spruce Rd	0.09mi	3/2.5 (+1)	1,352 (+10%)	5mo	$329,900	$244	65
7615 Belmont Ave	0.61mi	2/2.0	1,205 (-2%)	11mo	$305,000	$253	54
2700 Delk Ct	0.72mi	2/1.0	1,245 (+1%)	17mo	$165,000	$133	51
1311 Willow Rd	0.29mi	3/1.5 (+1)	1,084 (-12%)	10mo	$275,000	$254	50
1235 Willow Rd	0.20mi	3/1.0 (+1)	1,066 (-14%)	21mo	$300,000	$281	46

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: 23.4%
• Equity multiple: 1.92×
• Total profit: $25,882
• Equity at exit: $14,910

10-year hold

• IRR: 29.3%
• Equity multiple: 3.24×
• Total profit: $62,590
• Equity at exit: $8,646

Cash invested: $28,000 (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 21222

• Rents YoY: -0.1%
• Active inventory: 236
• Price-to-rent: 4.4×

Monthly cashflow live

• Estimated rent: $1,897 high
• Mortgage (P&I): −$524
• Tax from tax record: −$185 /mo · $2,222/yr
• Insurance: −$42
• HOA: −$0
• Vacancy / Maint / Mgmt: −$398
• Net cashflow: $747

Break-even live

Break-even rent $951

Max offer price $100,000

Occupancy floor 56%

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: $25,000
• Closing costs: $3,000
• Reserves months: —
• Total cash needed: —

Rent comps 39 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7444 Berkshire Rd Baltimore, MD	3.0	1.5	1228	$1,850	$1.51	5d	1	0.39mi
7520 Durwood Rd Dundalk, MD	3.0	1.0	1110	$2,100	$1.89	43d	1	0.43mi
849 Loalan Ave Dundalk, MD	3.0	1.5	1024	$1,850	$1.81	14d	1	0.47mi
7484 Rabon Ave Dundalk, MD	3.0	1.5	1499	$2,000	$1.33	43d	1	0.47mi
944 Dalton Ave Baltimore, MD	3.0	2.0	1024	$2,100	$2.05	10d	1	0.48mi
932 Elton Ave Baltimore, MD	3.0	2.0	1024	$1,950	$1.90	17d	1	0.48mi
7517 Belmont Ave Baltimore, MD	2.0	1.0	720	$1,800	$2.50	17d	1	0.63mi
7 Robinson Ave Dundalk, MD	3.0	2.0	1100	$2,600	$2.36	43d	1	0.63mi
608 Northpoint Rd Baltimore, MD	3.0	1.5	1148	$1,895	$1.65	23d	1	0.84mi
7508 Ives Ln Dundalk, MD	2.0	1.0	896	$1,750	$1.95	43d	1	0.85mi
7911 Bank St Baltimore, MD	3.0	1.0	1080	$1,749	$1.62	43d	1	0.89mi
8036 Lansdale Rd Unit 1 Baltimore, MD	3.0	1.0	1024	$1,775	$1.73	5d	1	0.92mi
414 Westfield Rd Dundalk, MD	3.0	1.0	1024	$2,300	$2.25	43d	1	0.94mi
3000 Wallford Dr Dundalk, MD	1.0–2.0	1.0	717	$1,330	$1.85	2d	35	0.96mi
505 Northpoint Rd Baltimore, MD	3.0	2.0	1300	$2,195	$1.69	11d	1	0.97mi
309 52nd St Unit A Baltimore, MD	2.0	1.0	722	$1,350	$1.87	23d	1	1.08mi
7915 Eastdale Rd Baltimore, MD	2.0	1.0	896	$1,500	$1.67	43d	1	1.08mi
7948 Eastdale Rd Baltimore, MD	3.0	1.0	1024	$1,700	$1.66	43d	1	1.09mi
7951 E Baltimore St Baltimore, MD	3.0	1.0	1024	$1,750	$1.71	2d	1	1.12mi
3221 Wallford Dr Unit 3221 Dundalk, MD	3.0	1.0	1008	$1,750	$1.74	5d	1	1.14mi
3221 Wallford Dr Dundalk, MD	3.0	1.0	1008	$1,750	$1.74	3d	1	1.14mi
7716 Wynbrook Rd Baltimore, MD	2.0	1.0	1232	$1,800	$1.46	43d	1	1.16mi
3314 Wallford Dr Dundalk, MD	3.0	1.0	1258	$1,850	$1.47	14d	1	1.17mi
3317 Belsford Ct Dundalk, MD	3.0	1.0	1258	$1,950	$1.55	10d	1	1.21mi
7261 Bridgewood Dr Baltimore, MD	3.0	2.0	896	$2,495	$2.78	23d	1	1.22mi
7325 Conley St Baltimore, MD	3.0	2.0	1290	$1,950	$1.51	17d	1	1.23mi
7319 Conley St Baltimore, MD	3.0	2.0	1080	$1,950	$1.81	17d	1	1.24mi
3427 North Point Rd Dundalk, MD	3.0	1.0	1008	$2,250	$2.23	20d	1	1.28mi
3413 Wallford Dr Dundalk, MD	3.0	2.0	1016	$2,000	$1.97	43d	1	1.28mi
630 47th St Unit B Baltimore, MD	2.0	1.0	750	$1,200	$1.60	43d	1	1.31mi
628 47th St Apt RW2 Baltimore, MD	2.0	1.0	750	$1,200	$1.60	10d	1	1.32mi
7230 Conley St Unit 1 Baltimore, MD	3.0	1.5	1144	$2,100	$1.84	3d	1	1.33mi
7230 Conley St Unit 1 Baltimore, MD	3.0	1.5	1144	$2,100	$1.84	23d	1	1.33mi
1955 Walnut Ave Dundalk, MD	3.0	1.0	950	$2,300	$2.42	43d	1	1.33mi
530 47th St Baltimore, MD	3.0	1.0	1424	$1,750	$1.23	23d	1	1.34mi
8146 Del Haven Rd Dundalk, MD	3.0	2.0	1424	$2,700	$1.90	16d	1	1.44mi
7917 Wise Ave Dundalk, MD	2.0	1.5	1500	$2,500	$1.67	23d	1	1.45mi
7124 Gough St Baltimore, MD	2.0	1.5	1096	$1,700	$1.55	21d	1	1.46mi
7058 Eastbrook Ave Baltimore, MD	3.0	2.0	1228	$1,700	$1.38	11d	1	1.46mi

Listing history 11 events

1. 2026-06-18
   days on market $100,000 Coming Soon 16 DOM
2. 2026-06-17
   days on market $100,000 Coming Soon 15 DOM
3. 2026-06-16
   days on market $100,000 Coming Soon 14 DOM
4. 2026-06-15
   days on market $100,000 Coming Soon 13 DOM
5. 2026-06-13
   days on market $100,000 Coming Soon 11 DOM
6. 2026-06-09
   days on market $100,000 Coming Soon 7 DOM
7. 2026-06-08
   days on market $100,000 Coming Soon 6 DOM
8. 2026-06-07
   days on market $100,000 Coming Soon 5 DOM
9. 2026-06-04
   days on market $100,000 Coming Soon 2 DOM
10. 2026-06-02
    remarks 699-char remark
11. 2026-06-02
    listed $100,000 Coming Soon 1 DOM

ⓘ 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: $2,222 · $185/mo
• Projected year-2 tax: $2,222 · $185/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 1/10 Low
• 🌡 Heat 8/10 Severe 7 d/yr ≥103°F today · 15 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 5/10 Major 6 unhealthy d/yr today · 8 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,759
• − Mortgage interest: −$5,602
• − Property taxes: −$2,222
• − Insurance: −$500
• − Repairs & maintenance: −$1,821
• − Management: −$1,821
• − Depreciation: −$2,909
• Taxable income: $7,885
• Est. tax owed @ 24.0%: −$1,892
• After-tax cash flow: $7,072/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 — Dundalk

• Score: 85/100
• State rank: #16
• US rank: #510

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Dundalk, MD
• County: Baltimore County · 769,527 people
• City population: 59,407
• Metro: Baltimore-Columbia-Towson, MD
• Population (ZIP): 59,407
• Household income: $64,141
• Rent vs Own: 35.1% rent · 64.9% own
• Severe rent burden: 2566.0

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 59% Black 18% Hispanic / Latino 15% Two or more races 7% Asian 2% Native American 1%
• Hispanic origin (detail): Mexican 3% Puerto Rican 2%
• Common ancestry: Romanian 7% Lithuanian 1% Italian 1%
• Foreign-born: 9% · Canada
• Languages at home: 85% English-only · Spanish 11% Other Indo-European 2% Arabic 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: ▼ -251.44%
• Current HPI: 228.4218
• Rent YoY: ▼ -0.09%
• 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
▸Utilities	1	$25B
▸Hotels	1	$24B
▸Consumer Goods	1	$7B
▸Real Estate	1	$6B
▸Chemicals	1	$2B

Price history

1 event — show timeline

• 2026-06-02 Coming Soon $100,000 BRIGHT MLS

Property tax history

+10.9%/yr

Latest (2025): $2,222 · +4.4% YoY. Source: county tax records.