6 Transom Ct · Elkton, MD 21921

$214,900

3 bd · 1.5 ba · 1,344 sqft · Townhouse public records · 25 Days on market

Built 1987 3,789 sqft lot $160/sqft · at area comps Est $205k · at est. $1/mo HOA

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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 +23.4/30.0
• DSCR +7.5/10.0
• 1% rule +5.9/10.0
• ARV discount +5.4/15.0
• Livability +3.2/5.0
• Rent growth +3.1/5.0
• Condition / age +2.5/5.0
• Schools +2.2/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Back on the Market! Welcome to Turnquist! This well-maintained 3-bedroom, 1 full and 1 half bath end-unit townhome offers comfort, space, and convenience. Ideally located near the Delaware state line, this home provides easy access to shopping, dining, and commuting routes while still enjoying a quiet neighborhood setting. As an end unit, the property backs to open space, offering added privacy and a more peaceful outdoor atmosphere. The fenced-in yard is perfect for entertaining, pets, or relaxing outdoors. This home is a great opportunity for buyers seeking space, convenience, and outdoor enjoyment in a desirable location.

Key facts

• $1 HOA
• 2 parking spots
• Pool

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath townhouse listed at $215k.

Deal economics

• At list price, monthly cash flow is $399 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $215k).
• Recommended offer: $212k (1.5% below list) — sets the bar for market timing.
• Cap rate 8.5% vs local median 4.1% in Elkton — 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 65/100 on livability (#261 in MD) — a middle-class / working-renter tenant base. Strengths: housing A+, health & safety A+, cost of living A; Watch: schools F, crime F, commute F.
• Cecil County Public Schools (rural): math 15% / reading 30% proficiency, ranked #15 of 24 in MD (top 62%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: Rents rising (+2.3%/yr); 204 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 563 units permitted in Cecil County in 2024 (330 in 5+ unit buildings).
• This rent runs 33% of the median local income ($86k/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.

Negotiation context

• It's been on market 25 days — a 2% lower offer ($212k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 20y 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 $143k; list at $215k implies a 50% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• 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 $211,676 (1.5% below list)

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. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
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: 1.09% ✓
• Cap rate: 8.52%
• Cash-on-cash: 7.95%
• DSCR: 1.35
• GRM: 7.7

CMA / ARV

• ARV (median comp): $205,233
• List price: $214,900
• Delta: 4.71%
• 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
6 Transom Ct	0.00mi	3/1.5	1,344 (0%)	0mo	$206,500	$154	100
41 Transom Ct	0.08mi	3/1.5	1,280 (-5%)	2mo	$210,000	$164	87
120 Danford Dr	0.34mi	3/1.0	1,330 (-1%)	11mo	$200,000	$150	72
121 Danford Dr	0.34mi	3/1.0	1,330 (-1%)	14mo	$183,000	$138	68
23 Hatteras Ct	0.10mi	3/1.5	1,152 (-14%)	7mo	$211,000	$183	66
23 Loran Ct	0.05mi	2/1.5 (-1)	1,152 (-14%)	4mo	$139,000	$121	65
25 Hatteras Ct	0.10mi	2/1.5 (-1)	1,152 (-14%)	6mo	$205,000	$178	62
182 E Village Rd	0.53mi	3/1.5	1,224 (-9%)	7mo	$168,000	$137	55
156 E Village Rd	0.59mi	3/1.5	1,232 (-8%)	6mo	$203,000	$165	54
49 Thatch Ct	0.14mi	2/1.5 (-1)	1,152 (-14%)	15mo	$211,000	$183	52
155 E Village Rd	0.58mi	3/2.5	1,528 (+14%)	6mo	$202,000	$132	41
143 E Village Rd	0.61mi	3/1.5	1,152 (-14%)	10mo	$237,500	$206	39

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 · 2.32% rent growth · sell at horizon

5-year hold

• IRR: -4.9%
• Equity multiple: 0.82×
• Total profit: $-11,000
• Equity at exit: $32,042

10-year hold

• IRR: 3.9%
• Equity multiple: 1.28×
• Total profit: $16,749
• Equity at exit: $18,581

Cash invested: $60,172 (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 21921

• Rents YoY: 2.3%
• Active inventory: 204
• Price-to-rent: 7.7×

Monthly cashflow live

• Estimated rent: $2,333 medium
• Mortgage (P&I): −$1,127
• Tax from tax record: −$227 /mo · $2,725/yr
• Insurance: −$90
• HOA: −$1
• Vacancy / Maint / Mgmt: −$490
• Net cashflow: $399

Break-even live

Break-even rent $1,829

Max offer price $214,900

Occupancy floor 78%

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: $53,725
• Closing costs: $6,447
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1000 Spyglass Dr Elkton, MD	1.0–3.0	1.0–2.0	1104	$2,438	$2.21	1d	20	0.34mi
150 E Village Rd Elkton, MD	3.0	1.5	1224	$1,950	$1.59	22d	1	0.62mi
110 Michaels Way Elkton, MD	3.0	2.5	1200	$2,800	$2.33	4d	1	0.64mi
124 E Village Rd Elkton, MD	3.0	1.5	1152	$1,850	$1.61	43d	1	0.66mi

HOA detail

• Monthly dues: $1 · $12/yr

Listing history 28 events

1. 2026-06-07
   status $214,900 Pending 25 DOM
2. 2026-05-06
   historical Active Under Contract 633-char remark

   Show marketing remark (633 chars)

   Back on the Market! Welcome to Turnquist! This well-maintained 3-bedroom, 1 full and 1 half bath end-unit townhome offers comfort, space, and convenience. Ideally located near the Delaware state line, this home provides easy access to shopping, dining, and commuting routes while still enjoying a quiet neighborhood setting. As an end unit, the property backs to open space, offering added privacy and a more peaceful outdoor atmosphere. The fenced-in yard is perfect for entertaining, pets, or relaxing outdoors. This home is a great opportunity for buyers seeking space, convenience, and outdoor enjoyment in a desirable location.

3. 2026-05-01
   status Active 633-char remark

   Show marketing remark (633 chars)

   Back on the Market! Welcome to Turnquist! This well-maintained 3-bedroom, 1 full and 1 half bath end-unit townhome offers comfort, space, and convenience. Ideally located near the Delaware state line, this home provides easy access to shopping, dining, and commuting routes while still enjoying a quiet neighborhood setting. As an end unit, the property backs to open space, offering added privacy and a more peaceful outdoor atmosphere. The fenced-in yard is perfect for entertaining, pets, or relaxing outdoors. This home is a great opportunity for buyers seeking space, convenience, and outdoor enjoyment in a desirable location.

4. 2026-04-22
   status Pending 633-char remark

   Show marketing remark (633 chars)

   Back on the Market! Welcome to Turnquist! This well-maintained 3-bedroom, 1 full and 1 half bath end-unit townhome offers comfort, space, and convenience. Ideally located near the Delaware state line, this home provides easy access to shopping, dining, and commuting routes while still enjoying a quiet neighborhood setting. As an end unit, the property backs to open space, offering added privacy and a more peaceful outdoor atmosphere. The fenced-in yard is perfect for entertaining, pets, or relaxing outdoors. This home is a great opportunity for buyers seeking space, convenience, and outdoor enjoyment in a desirable location.

5. 2026-04-18
   historical Active Under Contract 633-char remark

   Show marketing remark (633 chars)

   Back on the Market! Welcome to Turnquist! This well-maintained 3-bedroom, 1 full and 1 half bath end-unit townhome offers comfort, space, and convenience. Ideally located near the Delaware state line, this home provides easy access to shopping, dining, and commuting routes while still enjoying a quiet neighborhood setting. As an end unit, the property backs to open space, offering added privacy and a more peaceful outdoor atmosphere. The fenced-in yard is perfect for entertaining, pets, or relaxing outdoors. This home is a great opportunity for buyers seeking space, convenience, and outdoor enjoyment in a desirable location.

6. 2026-03-30
   listed $214,900 Active 633-char remark

   Show marketing remark (633 chars)

   Back on the Market! Welcome to Turnquist! This well-maintained 3-bedroom, 1 full and 1 half bath end-unit townhome offers comfort, space, and convenience. Ideally located near the Delaware state line, this home provides easy access to shopping, dining, and commuting routes while still enjoying a quiet neighborhood setting. As an end unit, the property backs to open space, offering added privacy and a more peaceful outdoor atmosphere. The fenced-in yard is perfect for entertaining, pets, or relaxing outdoors. This home is a great opportunity for buyers seeking space, convenience, and outdoor enjoyment in a desirable location.

7. 2026-03-16
   historical $214,900 633-char remark

   Show marketing remark (633 chars)

   Back on the Market! Welcome to Turnquist! This well-maintained 3-bedroom, 1 full and 1 half bath end-unit townhome offers comfort, space, and convenience. Ideally located near the Delaware state line, this home provides easy access to shopping, dining, and commuting routes while still enjoying a quiet neighborhood setting. As an end unit, the property backs to open space, offering added privacy and a more peaceful outdoor atmosphere. The fenced-in yard is perfect for entertaining, pets, or relaxing outdoors. This home is a great opportunity for buyers seeking space, convenience, and outdoor enjoyment in a desirable location.

8. 2021-01-15
   soldstatus $143,000
9. 2020-12-31
   soldstatus $143,000 Closed 707-char remark

   Show marketing remark (707 chars)

   Home Sweet Home! Adorable End Unit Townhome with large private fenced yard. This 3 bedroom townhome features a spacious eat-in kitchen with sliders to access your own private patio backyard retreat. Endless possibilities - grilling, gardening, playing or just relaxing. Perfect location within the Turnquist community - corner lot, backing to common space. Excellent value offering over 1300 square feet of living space in move-in condition. And there's more! All appliances are included and both the roof and HVAC systems are newer (replaced within the past 2 years). Great location minutes to MD/DE line with easy access to Rt 40 and not far from I-95 for commuting. Schedule your private showing now.

10. 2020-11-15
    status Pending 707-char remark

    Show marketing remark (707 chars)

    Home Sweet Home! Adorable End Unit Townhome with large private fenced yard. This 3 bedroom townhome features a spacious eat-in kitchen with sliders to access your own private patio backyard retreat. Endless possibilities - grilling, gardening, playing or just relaxing. Perfect location within the Turnquist community - corner lot, backing to common space. Excellent value offering over 1300 square feet of living space in move-in condition. And there's more! All appliances are included and both the roof and HVAC systems are newer (replaced within the past 2 years). Great location minutes to MD/DE line with easy access to Rt 40 and not far from I-95 for commuting. Schedule your private showing now.

11. 2020-11-13
    listed $145,000 Active 707-char remark

    Show marketing remark (707 chars)

    Home Sweet Home! Adorable End Unit Townhome with large private fenced yard. This 3 bedroom townhome features a spacious eat-in kitchen with sliders to access your own private patio backyard retreat. Endless possibilities - grilling, gardening, playing or just relaxing. Perfect location within the Turnquist community - corner lot, backing to common space. Excellent value offering over 1300 square feet of living space in move-in condition. And there's more! All appliances are included and both the roof and HVAC systems are newer (replaced within the past 2 years). Great location minutes to MD/DE line with easy access to Rt 40 and not far from I-95 for commuting. Schedule your private showing now.

12. 2019-07-25
    status Pending
13. 2019-07-24
    historical
14. 2019-07-08
    listed $139,900 Active
15. 2007-07-13
    soldstatus $147,000
16. 2007-06-29
    soldstatus $147,000
17. 2007-06-02
    historical
18. 2007-06-02
    historical
19. 2007-04-20
    listed $159,000
20. 2007-04-19
    listed $147,000
21. 2006-04-25
    soldstatus $143,900
22. 2006-04-21
    soldstatus $143,900
23. 2006-03-28
    historical
24. 2006-03-28
    historical
25. 2006-03-21
    listed $139,900
26. 2006-03-20
    listed $143,900
27. 1990-10-12
    soldstatus $78,900
28. 1987-12-23
    soldstatus $54,000

ⓘ 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: $2,725 · $227/mo
• Projected year-2 tax: $2,725 · $227/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 7/10 Severe 7 d/yr ≥104°F today · 15 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 3 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $28,001
• − Mortgage interest: −$12,038
• − Property taxes: −$2,725
• − Insurance: −$1,074
• − Repairs & maintenance: −$2,240
• − Management: −$2,240
• − HOA: −$12
• − Depreciation: −$6,252
• Taxable income: $1,419
• Est. tax owed @ 24.0%: −$341
• After-tax cash flow: $4,445/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: Cecil County Public Schools
• NCES district ID: 2400240
• Math proficiency: 15% ▼ -21.00%
• Reading proficiency: 30% ▼ -15.00%
• Median HH income: $66,544
• Composite: 21.51/100
• National rank: #8322
• State rank: #15 of 24 in MD

Livability — Elkton

• Score: 65/100
• State rank: #261
• US rank: #13293

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Elkton, MD
• County: Cecil County · 65,041 people
• City population: 45,527
• Metro: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
• Population (ZIP): 45,527
• Household income: $85,775
• Rent vs Own: 30.2% rent · 69.8% own
• Severe rent burden: 1438.0

Population outlook (Cecil County) Hauer SSP2

• Today (2025): 105,877 people
• By 2030: 106,905 · +1.0%
• By 2040: 107,156 · +1.2%
• By 2050: 104,170 · -1.6%
• By 2075: 95,771 · -9.5%
• By 2100: 82,381 · -22.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (76%)
• Race & ethnicity: White 76% Black 9% Two or more races 8% Hispanic / Latino 6% Asian 2%
• Hispanic origin (detail): Mexican 2% Puerto Rican 2%
• Common ancestry: Romanian 6% Slovak 2% Italian 1%
• Foreign-born: 5% · Canada
• Languages at home: 92% English-only · Spanish 3% Other Indo-European 1% Other Asian/Pacific 1%

Political lean MEDSL · Cecil

• 2024 margin: Solid R (+30.9) · D 33.5% · R 64.4% · Other 2.1%
• 2008→2024 swing: -16.3pp toward R · 2008: -14.6pp · 2024: -30.9pp
• All cycles: 2024: R+30.9 2020: R+26.6 2016: R+35.3 2012: R+20.4 2008: R+14.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -192.67%
• Current HPI: 253.7641
• Rent YoY: ▲ 2.32%
• Metro: Philadelphia-Camden-Wilmington, PA-NJ-DE-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

+298.0% since first listed

27 events — show timeline

• 2026-05-06 Contingent — BRIGHT MLS
• 2026-05-01 Relisted — BRIGHT MLS
• 2026-04-22 Pending — BRIGHT MLS
• 2026-04-18 Contingent — BRIGHT MLS
• 2026-03-30 Listed $214,900 BRIGHT MLS
• 2026-03-16 Coming Soon $214,900 BRIGHT MLS
• 2021-01-15 Sold (Public Records) $143,000 Public Records
• 2020-12-31 Sold (MLS) $143,000 BRIGHT MLS
• 2020-11-15 Pending — BRIGHT MLS
• 2020-11-13 Listed $145,000 BRIGHT MLS
• 2019-07-25 Pending — BRIGHT MLS
• 2019-07-24 Listing Removed — BRIGHT MLS
• 2019-07-08 Listed $139,900 BRIGHT MLS
• 2007-07-13 Sold (Public Records) $147,000 Public Records
• 2007-06-29 Sold (MLS) $147,000 MRIS
• 2007-06-02 Delisted — MRIS
• 2007-06-02 Listing Removed — BRIGHT MLS
• 2007-04-20 Listed $159,000 MRIS
• 2007-04-19 Listed $147,000 BRIGHT MLS
• 2006-04-25 Sold (Public Records) $143,900 Public Records
• 2006-04-21 Sold (MLS) $143,900 MRIS
• 2006-03-28 Listing Removed — BRIGHT MLS
• 2006-03-28 Delisted — MRIS
• 2006-03-21 Listed $139,900 MRIS
• 2006-03-20 Listed $143,900 BRIGHT MLS
• 1990-10-12 Sold (Public Records) $78,900 Public Records
• 1987-12-23 Sold (Public Records) $54,000 Public Records

Property tax history

+2.6%/yr

Latest (2025): $2,725 · +27.0% YoY. Source: county tax records.