15706 Dorset Rd #158 · Laurel, MD
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 3/10 · Minor
- Est. fire insurance / yr
- $755 – $1,403
Heat risk 7/10 · Major
- Hot days now (above 104°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 4/10 · Minor
- Chance of severe wind over 30 yrs
- 16.0%
Air-quality risk 5/10 · Moderate
- Unhealthy air days now
- 6 days/yr
- Unhealthy air days in 30 yrs
- 7 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the D 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).
- ARV discount +14.6/15.0
- Cash flow +8.3/30.0
- 1% rule +5.7/10.0
- Livability +4.2/5.0
- Rent growth +2.8/5.0
- Condition / age +2.5/5.0
- DSCR +2.2/10.0
- Schools +1.7/10.0
- Appreciation +0.0/10.0
$219,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Unit #102. Condo Association is FHA Aprroved! Welcome home to this rare 3-bedroom, 2-bath condo in the sought-after Brookmill community! Offering over 1,200 square feet of living space, it combines the comfort of a single-family layout with the low-maintenance ease of condo living. The interior features a bright and open floor plan with distinct living and dining areas, perfect for entertaining or relaxing. Step out onto your private balcony to enjoy fresh air and quiet moments. The primary suite offers a peaceful retreat with its own private bath, while two additional spacious bedrooms provide flexibility for family, guests, or a dedicated home office. Enjoy a hassle-free lifestyle with a condo fee that covers water, trash, snow removal, and lawn maintenance. The Brookmill community also features a sparkling outdoor pool and Clubhouse. Location is everything! You are just minutes from the Town Centre at Laurel, major grocery stores, and endless dining options. Commuters will love the easy access to I-95, Rt. 198, the BW Parkway, and the MARC train, making travel to DC, Baltimore, or Ft. Meade a breeze. Don’t miss this incredible value in a prime location! Water heater installed 2025, HVAC unit installed 2022. Some rooms are virtually staged.
Key facts
- $518 HOA
- Community pool
- Built 1982
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath condo listed at $219k.
Deal economics
- At list price, monthly cash flow is $-202 ($-2k/yr) — negative.
- To cash-flow at today's rent, offer at most $183k (16.3% below list).
- Meets the 1% rule at list price ($2k rent vs $219k).
- Recommended offer: $183k (16.3% below list) — sets the bar for cash-flow.
- Cap rate 5.2% vs local median 3.4% in Laurel — 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 83/100 on livability (#26 in MD, #945 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, employment A+; Watch: crime F, cost of living 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.
- Zoned schools: Scotchtown Hills Elementary (math 4% / reading 19%, grade F, #567 of 860 statewide, top 67%, 612 students, 76% FRL); Dwight D. Eisenhower Middle (math 3% / reading 20%, grade F, #205 of 225 statewide, top 92%, 1,084 students, 84% FRL); Laurel High (math 15% / reading 39%, grade F, #159 of 222 statewide, top 72%, 2,134 students, 69% FRL) — zoned schools average 76% FRL vs 53% district-wide (23 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Market conditions: Rents rising (+1.4%/yr); 149 active listings in the ZIP; 19 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 1,481 units permitted in Prince George's County in 2024 (0 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.
- Prince George's County population projected at +18% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 86 days — a 6% lower offer ($206k) is reasonable based on typical stale-listing flexibility.
- 4 sale attempts since 22y ago; this cycle's ask has dropped $16k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $170k; 29% above their basis — modest negotiation headroom, anchor on the comps not their cost.
Risks & watch-outs
- Watch-outs: HOA is 22% of rent.
- Climate carrying-cost: 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
- 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?
- It's been on market 86 days. Have you received any prior offers? Is the seller open to a 16% concession, seller financing, or rate buy-down credit?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- 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?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- 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?
- 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?
- 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 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
- 1.07% ✓
- Cap rate
- 5.19%
- Cash-on-cash
- -3.95%
- DSCR
- 0.82
- GRM
- 7.8
CMA / ARV
- ARV (median comp)
- $259,762
- List price
- $219,000
- Delta
- -15.69%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Projected returns pro-forma
-3.0% appreciation · 1.38% rent growth · sell at horizon
- IRR
- -25.3%
- Equity multiple
- 0.16×
- Total profit
- $-51,745
- Equity at exit
- $32,654
- IRR
- -29.5%
- Equity multiple
- -0.22×
- Total profit
- $-75,072
- Equity at exit
- $18,935
Cash invested: $61,320 (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 20707
- Rents YoY
- 1.4%
- Active inventory
- 149
- Price-to-rent
- 7.8×
Monthly cashflow live
- Estimated rent
- $2,346 high interval (Pro) →
- Mortgage (P&I)
- −$1,148
- Tax from tax record
- −$298 /mo · $3,571/yr
- Insurance
- −$91
- HOA
- −$518
- Vacancy / Maint / Mgmt
- −$493
- Net cashflow
- $-202
Break-even live
Sensitivity live
| Price | -10% $-78 | -5% $-140 | +0% $-202 | +5% $-264 | +10% $-326 |
|---|---|---|---|---|---|
| Rent | -10% $-387 | -5% $-295 | +0% $-202 | +5% $-109 | +10% $-17 |
| Rate | -1.0pp $-92 | -0.5pp $-146 | base $-202 | +0.5pp $-259 | +1.0pp $-316 |
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
- $54,750
- Closing costs
- $6,570
- 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 19 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 15712 Dorset Rd Unit T3 Laurel, MD | 3.0 | 2.0 | 1211 | $2,300 | $1.90 | 45d | 1 | 0.10mi |
| 1216 Westview Ter Laurel, MD | 2.0 | 1.5 | 850 | $1,995 | $2.35 | 24d | 1 | 0.78mi |
| 8200 Gorman Ave Laurel, MD | 2.0 | 1.0 | 939 | $1,835 | $1.95 | 1d | 6 | 0.78mi |
| 903 Montrose Ave Laurel, MD | 3.0 | 1.0 | 920 | $2,200 | $2.39 | 45d | 1 | 1.07mi |
| 10132 High Ridge Rd Laurel, MD | 2.0 | 1.0 | 896 | $2,295 | $2.56 | 0d | 1 | 1.12mi |
| 8301 Ashford Blvd Laurel, MD | 1.0–3.0 | 1.0–2.0 | 980 | $2,559 | $2.61 | 1d | 8 | 1.16mi |
| 801 8th St Laurel, MD | 1.0–2.0 | 1.0 | 765 | $1,844 | $2.41 | 1d | 10 | 1.18mi |
| 14800 4th St Laurel, MD | 2.0 | 1.0 | 725 | $1,751 | $2.42 | 0d | 20 | 1.25mi |
| 14324 S Shore Ct Laurel, MD | 2.0 | 1.5 | 1280 | $2,500 | $1.95 | 26d | 1 | 1.28mi |
| 14725 4th St Laurel, MD | 1.0–2.0 | 1.0–2.0 | 1034 | $2,880 | $2.78 | 1d | 23 | 1.33mi |
| 14233 Oakpointe Dr Laurel, MD | 3.0 | 3.5 | 1400 | $2,495 | $1.78 | 7d | 1 | 1.33mi |
| 14239 Jib St #11 Laurel, MD | 2.0 | 2.0 | 1060 | $2,200 | $2.08 | 26d | 1 | 1.39mi |
| 14224 Jib St Unit 6142 Laurel, MD | 2.0 | 2.0 | 990 | $2,300 | $2.32 | 45d | 1 | 1.40mi |
| 9203 Redbridge Ct Laurel, MD | 3.0 | 3.5 | 1460 | $2,600 | $1.78 | 45d | 1 | 1.45mi |
| 14053 Vista Dr #146 Laurel, MD | 2.0 | 1.0 | 719 | $2,000 | $2.78 | 45d | 1 | 1.45mi |
| 8220 Marymont Dr Laurel, MD | 1.0–2.0 | 1.0–2.0 | 891 | $2,454 | $2.75 | 0d | 14 | 1.46mi |
| 7904 Crows Nest Ct #12 Laurel, MD | 2.0 | 2.0 | 1000 | $2,200 | $2.20 | 14d | 1 | 1.49mi |
| 321 Thomas Dr Laurel, MD | 1.0–2.0 | 1.0 | 703 | $1,775 | $2.52 | 22d | 4 | 1.49mi |
| 604 4th St Laurel, MD | 2.0 | 1.0 | 952 | $2,100 | $2.21 | 7d | 1 | 1.50mi |
HOA detail condo
- Monthly dues
- $518 · $6,216/yr
- Likely covers
- watertrashsnow removalpool
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 19 events
-
2026-05-04price $219,000 1272-char remark
Show marketing remark (1272 chars)
Unit #102. Condo Association is FHA Aprroved! Welcome home to this rare 3-bedroom, 2-bath condo in the sought-after Brookmill community! Offering over 1,200 square feet of living space, it combines the comfort of a single-family layout with the low-maintenance ease of condo living. The interior features a bright and open floor plan with distinct living and dining areas, perfect for entertaining or relaxing. Step out onto your private balcony to enjoy fresh air and quiet moments. The primary suite offers a peaceful retreat with its own private bath, while two additional spacious bedrooms provide flexibility for family, guests, or a dedicated home office. Enjoy a hassle-free lifestyle with a condo fee that covers water, trash, snow removal, and lawn maintenance. The Brookmill community also features a sparkling outdoor pool and Clubhouse. Location is everything! You are just minutes from the Town Centre at Laurel, major grocery stores, and endless dining options. Commuters will love the easy access to I-95, Rt. 198, the BW Parkway, and the MARC train, making travel to DC, Baltimore, or Ft. Meade a breeze. Don’t miss this incredible value in a prime location! Water heater installed 2025, HVAC unit installed 2022. Some rooms are virtually staged.
-
2026-04-09price $220,000 1272-char remark
Show marketing remark (1272 chars)
Unit #102. Condo Association is FHA Aprroved! Welcome home to this rare 3-bedroom, 2-bath condo in the sought-after Brookmill community! Offering over 1,200 square feet of living space, it combines the comfort of a single-family layout with the low-maintenance ease of condo living. The interior features a bright and open floor plan with distinct living and dining areas, perfect for entertaining or relaxing. Step out onto your private balcony to enjoy fresh air and quiet moments. The primary suite offers a peaceful retreat with its own private bath, while two additional spacious bedrooms provide flexibility for family, guests, or a dedicated home office. Enjoy a hassle-free lifestyle with a condo fee that covers water, trash, snow removal, and lawn maintenance. The Brookmill community also features a sparkling outdoor pool and Clubhouse. Location is everything! You are just minutes from the Town Centre at Laurel, major grocery stores, and endless dining options. Commuters will love the easy access to I-95, Rt. 198, the BW Parkway, and the MARC train, making travel to DC, Baltimore, or Ft. Meade a breeze. Don’t miss this incredible value in a prime location! Water heater installed 2025, HVAC unit installed 2022. Some rooms are virtually staged.
-
2026-03-09status Active 1272-char remark
Show marketing remark (1272 chars)
Unit #102. Condo Association is FHA Aprroved! Welcome home to this rare 3-bedroom, 2-bath condo in the sought-after Brookmill community! Offering over 1,200 square feet of living space, it combines the comfort of a single-family layout with the low-maintenance ease of condo living. The interior features a bright and open floor plan with distinct living and dining areas, perfect for entertaining or relaxing. Step out onto your private balcony to enjoy fresh air and quiet moments. The primary suite offers a peaceful retreat with its own private bath, while two additional spacious bedrooms provide flexibility for family, guests, or a dedicated home office. Enjoy a hassle-free lifestyle with a condo fee that covers water, trash, snow removal, and lawn maintenance. The Brookmill community also features a sparkling outdoor pool and Clubhouse. Location is everything! You are just minutes from the Town Centre at Laurel, major grocery stores, and endless dining options. Commuters will love the easy access to I-95, Rt. 198, the BW Parkway, and the MARC train, making travel to DC, Baltimore, or Ft. Meade a breeze. Don’t miss this incredible value in a prime location! Water heater installed 2025, HVAC unit installed 2022. Some rooms are virtually staged.
-
2026-02-27status Pending 1272-char remark
Show marketing remark (1272 chars)
Unit #102. Condo Association is FHA Aprroved! Welcome home to this rare 3-bedroom, 2-bath condo in the sought-after Brookmill community! Offering over 1,200 square feet of living space, it combines the comfort of a single-family layout with the low-maintenance ease of condo living. The interior features a bright and open floor plan with distinct living and dining areas, perfect for entertaining or relaxing. Step out onto your private balcony to enjoy fresh air and quiet moments. The primary suite offers a peaceful retreat with its own private bath, while two additional spacious bedrooms provide flexibility for family, guests, or a dedicated home office. Enjoy a hassle-free lifestyle with a condo fee that covers water, trash, snow removal, and lawn maintenance. The Brookmill community also features a sparkling outdoor pool and Clubhouse. Location is everything! You are just minutes from the Town Centre at Laurel, major grocery stores, and endless dining options. Commuters will love the easy access to I-95, Rt. 198, the BW Parkway, and the MARC train, making travel to DC, Baltimore, or Ft. Meade a breeze. Don’t miss this incredible value in a prime location! Water heater installed 2025, HVAC unit installed 2022. Some rooms are virtually staged.
-
2026-02-26price $225,000 1272-char remark
Show marketing remark (1272 chars)
Unit #102. Condo Association is FHA Aprroved! Welcome home to this rare 3-bedroom, 2-bath condo in the sought-after Brookmill community! Offering over 1,200 square feet of living space, it combines the comfort of a single-family layout with the low-maintenance ease of condo living. The interior features a bright and open floor plan with distinct living and dining areas, perfect for entertaining or relaxing. Step out onto your private balcony to enjoy fresh air and quiet moments. The primary suite offers a peaceful retreat with its own private bath, while two additional spacious bedrooms provide flexibility for family, guests, or a dedicated home office. Enjoy a hassle-free lifestyle with a condo fee that covers water, trash, snow removal, and lawn maintenance. The Brookmill community also features a sparkling outdoor pool and Clubhouse. Location is everything! You are just minutes from the Town Centre at Laurel, major grocery stores, and endless dining options. Commuters will love the easy access to I-95, Rt. 198, the BW Parkway, and the MARC train, making travel to DC, Baltimore, or Ft. Meade a breeze. Don’t miss this incredible value in a prime location! Water heater installed 2025, HVAC unit installed 2022. Some rooms are virtually staged.
-
2026-02-19price $235,000 1272-char remark
Show marketing remark (1272 chars)
Unit #102. Condo Association is FHA Aprroved! Welcome home to this rare 3-bedroom, 2-bath condo in the sought-after Brookmill community! Offering over 1,200 square feet of living space, it combines the comfort of a single-family layout with the low-maintenance ease of condo living. The interior features a bright and open floor plan with distinct living and dining areas, perfect for entertaining or relaxing. Step out onto your private balcony to enjoy fresh air and quiet moments. The primary suite offers a peaceful retreat with its own private bath, while two additional spacious bedrooms provide flexibility for family, guests, or a dedicated home office. Enjoy a hassle-free lifestyle with a condo fee that covers water, trash, snow removal, and lawn maintenance. The Brookmill community also features a sparkling outdoor pool and Clubhouse. Location is everything! You are just minutes from the Town Centre at Laurel, major grocery stores, and endless dining options. Commuters will love the easy access to I-95, Rt. 198, the BW Parkway, and the MARC train, making travel to DC, Baltimore, or Ft. Meade a breeze. Don’t miss this incredible value in a prime location! Water heater installed 2025, HVAC unit installed 2022. Some rooms are virtually staged.
-
2026-02-19$235,000 Active 1272-char remark
Show marketing remark (1272 chars)
Unit #102. Condo Association is FHA Aprroved! Welcome home to this rare 3-bedroom, 2-bath condo in the sought-after Brookmill community! Offering over 1,200 square feet of living space, it combines the comfort of a single-family layout with the low-maintenance ease of condo living. The interior features a bright and open floor plan with distinct living and dining areas, perfect for entertaining or relaxing. Step out onto your private balcony to enjoy fresh air and quiet moments. The primary suite offers a peaceful retreat with its own private bath, while two additional spacious bedrooms provide flexibility for family, guests, or a dedicated home office. Enjoy a hassle-free lifestyle with a condo fee that covers water, trash, snow removal, and lawn maintenance. The Brookmill community also features a sparkling outdoor pool and Clubhouse. Location is everything! You are just minutes from the Town Centre at Laurel, major grocery stores, and endless dining options. Commuters will love the easy access to I-95, Rt. 198, the BW Parkway, and the MARC train, making travel to DC, Baltimore, or Ft. Meade a breeze. Don’t miss this incredible value in a prime location! Water heater installed 2025, HVAC unit installed 2022. Some rooms are virtually staged.
-
2026-01-27historical $220,000 1272-char remark
Show marketing remark (1272 chars)
Unit #102. Condo Association is FHA Aprroved! Welcome home to this rare 3-bedroom, 2-bath condo in the sought-after Brookmill community! Offering over 1,200 square feet of living space, it combines the comfort of a single-family layout with the low-maintenance ease of condo living. The interior features a bright and open floor plan with distinct living and dining areas, perfect for entertaining or relaxing. Step out onto your private balcony to enjoy fresh air and quiet moments. The primary suite offers a peaceful retreat with its own private bath, while two additional spacious bedrooms provide flexibility for family, guests, or a dedicated home office. Enjoy a hassle-free lifestyle with a condo fee that covers water, trash, snow removal, and lawn maintenance. The Brookmill community also features a sparkling outdoor pool and Clubhouse. Location is everything! You are just minutes from the Town Centre at Laurel, major grocery stores, and endless dining options. Commuters will love the easy access to I-95, Rt. 198, the BW Parkway, and the MARC train, making travel to DC, Baltimore, or Ft. Meade a breeze. Don’t miss this incredible value in a prime location! Water heater installed 2025, HVAC unit installed 2022. Some rooms are virtually staged.
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2020-05-05soldstatus $170,000
-
2016-11-28soldstatus $151,000
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2016-10-03soldstatus $151,000 257-char remark
Show marketing remark (257 chars)
Rare 3 BR 2 Bath Condo * * Beautiful and Spacious featuring Large LR, Separate Dining Area, Kitchen features window over kitchen sink, Nice Balcony overlooking trees, 3 Great Bedrooms, 2 Full Baths, Brand New Carpet & Fresh Paint. Priced to Sell!!
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2016-10-03soldstatus $151,000 Sold
Show marketing remark (257 chars)
Rare 3 BR 2 Bath Condo * * Beautiful and Spacious featuring Large LR, Separate Dining Area, Kitchen features window over kitchen sink, Nice Balcony overlooking trees, 3 Great Bedrooms, 2 Full Baths, Brand New Carpet & Fresh Paint. Priced to Sell!!
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2016-08-16status Contingent (No Kick Out)
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2016-08-04$159,900 Active
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2005-02-18soldstatus $117,000
-
2004-09-24soldstatus $117,000
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2004-08-11historical
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2004-08-06$114,000
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1985-03-11soldstatus $61,500
ⓘ 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
- $3,571 · $298/mo
- Projected year-2 tax
- $3,571 · $298/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 4/10 Moderate 16% chance of damaging wind over 30 yrs
- Air quality 5/10 Major 6 unhealthy d/yr today · 7 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
- $28,152
- − Mortgage interest
- −$12,267
- − Property taxes
- −$3,571
- − Insurance
- −$1,095
- − Repairs & maintenance
- −$2,252
- − Management
- −$2,252
- − HOA
- −$6,216
- − Depreciation
- −$6,371
- Taxable loss
- −$5,873
- Est. tax savings @ 24.0%
- +$1,409
- After-tax cash flow
- $-1,014/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 — Laurel
- Score
- 83/100
- State rank
- #26
- US rank
- #945
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Laurel, MD
- County
- Prince Georges County · 919,866 people
- City population
- 121,106
- Metro
- Washington-Arlington-Alexandria, DC-VA-MD-WV
- Population (ZIP)
- 37,278
- Household income
- $107,706
- Rent vs Own
- Severe rent burden
- 1231.0
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
- Highly diverse neighborhood (Simpson 0.71)
- Race & ethnicity
- Black 45% Hispanic / Latino 20% White 17% Two or more races 11% Asian 10% Native American 2%
- Hispanic origin (detail)
- Mexican 2% Cuban 1%
- Common ancestry
- Romanian 1% Slovak 1% Lithuanian 1%
- Foreign-born
- 31% · Canada, South Korea, Vietnam
- Languages at home
- 65% English-only · Spanish 17% Korean 3% Other Indo-European 2%
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
- ▼ -348.04%
- Current HPI
- 277.2529
- Rent YoY
- ▲ 1.38%
- 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 |
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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
+256.1% since first listed19 events — show timeline
- 2026-05-04 Price Changed $219,000 BRIGHT MLS
- 2026-04-09 Price Changed $220,000 BRIGHT MLS
- 2026-03-09 Relisted — BRIGHT MLS
- 2026-02-27 Pending — BRIGHT MLS
- 2026-02-26 Price Changed $225,000 BRIGHT MLS
- 2026-02-19 Price Changed $235,000 BRIGHT MLS
- 2026-02-19 Listed $235,000 BRIGHT MLS
- 2026-01-27 Coming Soon $220,000 BRIGHT MLS
- 2020-05-05 Sold (Public Records) $170,000 Public Records
- 2016-11-28 Sold (Public Records) $151,000 Public Records
- 2016-10-03 Sold (MLS) $151,000 MRIS
- 2016-10-03 Sold (MLS) $151,000 BRIGHT MLS
- 2016-08-16 Pending — MRIS
- 2016-08-04 Listed $159,900 MRIS
- 2005-02-18 Sold (Public Records) $117,000 Public Records
- 2004-09-24 Sold (MLS) $117,000 MRIS
- 2004-08-11 Delisted — MRIS
- 2004-08-06 Listed $114,000 MRIS
- 1985-03-11 Sold (Public Records) $61,500 Public Records
Property tax history
+5.0%/yrLatest (2025): $3,571 · +5.3% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…