13 Nanticoke Rd · Algonquin, MD 21613

$250,000

3 bd · 1.0 ba · 1,199 sqft · SingleFamily public records · 98 Days on market

Built 1955 0.34 ac lot $209/sqft · 16% below area Est $297k · 16% under

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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 +11.0/30.0
• DSCR +3.2/10.0
• Livability +3.2/5.0
• 1% rule +2.7/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.5/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Discover the charm of 13 Nanticoke Rd, a property that boasts a unique blend of style and comfort. The heart of this home is the kitchen, where an accent backsplash adds a touch of elegance and sophistication. The kitchen's design is not only aesthetically pleasing but also functional, making meal preparation a delight. Step outside to the deck, a perfect spot for relaxation and The fenced-in backyard provides a space for outdoor entertainment. This is a property that truly embodies a comfortable and stylish living experience. Don't miss out on this unique opportunity. Included 100-Day Home Warranty with buyer activation.

Key facts

• Deck
• Accent backsplash
• 0.34 acre lot

Tags

• ACCENT BACKSPLASH
• OUTDOOR ENTERTAINMENT
• DECK

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $250k.

Deal economics

• At list price, monthly cash flow is $-107 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $231k (7.5% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $193k (22.8% below list).
• Recommended offer: $193k (22.8% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 63/100 on livability (#307 in MD) — a middle-class / working-renter tenant base. Strengths: crime A+, housing A+, cost of living B; Watch: employment C-, amenities F, commute F.
• Dorchester County Public Schools (rural): math 10% / reading 23% proficiency, ranked #23 of 24 in MD (top 96%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: 292 active listings in the ZIP; 81 units permitted in Dorchester 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 $8k of value loss. Plan a longer hold.
• Dorchester County population projected to shrink 10% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• It's been on market 98 days — a 9% lower offer ($228k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 25y ago; this cycle's ask has dropped $30k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1955 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 70% chance of damaging wind over 30y; extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $192,883 (22.8% below list)

Questions for the listing agent

1. 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?
2. It's been on market 98 days. Have you received any prior offers? Is the seller open to a 23% concession, seller financing, or rate buy-down credit?
3. Built in 1955 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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.
8. 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.
9. 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: 0.77% ✗
• Cap rate: 5.78%
• Cash-on-cash: -1.83%
• DSCR: 0.92
• GRM: 10.8

CMA / ARV

• ARV (median comp): $296,596
• List price: $250,000
• Delta: -15.71%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
159 Regulator Dr N	0.12mi	3/2.0	1,359 (+13%)	2mo	$325,000	$239	66
104 Richardson Dr	0.63mi	2/2.0 (-1)	1,191 (-1%)	4mo	$285,000	$239	57
15 Holly Ter	0.71mi	2/2.0 (-1)	1,248 (+4%)	21mo	$260,000	$208	33

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -19.3%
• Equity multiple: 0.32×
• Total profit: $-47,339
• Equity at exit: $37,276

10-year hold

• IRR: -12.1%
• Equity multiple: 0.28×
• Total profit: $-50,100
• Equity at exit: $21,615

Cash invested: $70,000 (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 21613

• Home prices YoY: -25.1%
• Active inventory: 292
• Price-to-rent: 10.8×

Monthly cashflow live

• Estimated rent: $1,929 medium
• Mortgage (P&I): −$1,311
• Tax from tax record: −$215 /mo · $2,584/yr
• Insurance: −$104
• HOA: −$0
• Vacancy / Maint / Mgmt: −$405
• Net cashflow: $-107

Break-even live

Break-even rent $2,064

Max offer price $231,145

Occupancy floor —

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: $62,500
• Closing costs: $7,500
• Reserves months: —
• Total cash needed: —

Listing history 31 events

1. 2026-06-18
   days on market $250,000 Active 98 DOM
2. 2026-06-18
   price $250,000 Active 97 DOM
3. 2026-06-17
   days on market $260,000 Active 97 DOM
4. 2026-06-16
   days on market $260,000 Active 96 DOM
5. 2026-06-15
   days on market $260,000 Active 95 DOM
6. 2026-06-13
   days on market $260,000 Active 93 DOM
7. 2026-06-12
   days on market $260,000 Active 92 DOM
8. 2026-06-09
   days on market $260,000 Active 89 DOM
9. 2026-06-08
   days on market $260,000 Active 88 DOM
10. 2026-06-07
    days on market $260,000 Active 87 DOM
11. 2026-06-07
    days on market $260,000 Active 86 DOM
12. 2026-06-04
    days on market $260,000 Active 83 DOM
13. 2026-06-02
    days on market $260,000 Active 82 DOM
14. 2026-06-01
    days on market $260,000 Active 81 DOM
15. 2026-05-31
    days on market $260,000 Active 80 DOM
16. 2026-05-31
    days on market $260,000 Active 79 DOM
17. 2026-05-07
    price $264,000 629-char remark

    Show marketing remark (629 chars)

    Discover the charm of 13 Nanticoke Rd, a property that boasts a unique blend of style and comfort. The heart of this home is the kitchen, where an accent backsplash adds a touch of elegance and sophistication. The kitchen's design is not only aesthetically pleasing but also functional, making meal preparation a delight. Step outside to the deck, a perfect spot for relaxation and The fenced-in backyard provides a space for outdoor entertainment. This is a property that truly embodies a comfortable and stylish living experience. Don't miss out on this unique opportunity. Included 100-Day Home Warranty with buyer activation.

18. 2026-04-23
    price $267,000 629-char remark

    Show marketing remark (629 chars)

    Discover the charm of 13 Nanticoke Rd, a property that boasts a unique blend of style and comfort. The heart of this home is the kitchen, where an accent backsplash adds a touch of elegance and sophistication. The kitchen's design is not only aesthetically pleasing but also functional, making meal preparation a delight. Step outside to the deck, a perfect spot for relaxation and The fenced-in backyard provides a space for outdoor entertainment. This is a property that truly embodies a comfortable and stylish living experience. Don't miss out on this unique opportunity. Included 100-Day Home Warranty with buyer activation.

19. 2026-04-09
    price $272,000 629-char remark

    Show marketing remark (629 chars)

    Discover the charm of 13 Nanticoke Rd, a property that boasts a unique blend of style and comfort. The heart of this home is the kitchen, where an accent backsplash adds a touch of elegance and sophistication. The kitchen's design is not only aesthetically pleasing but also functional, making meal preparation a delight. Step outside to the deck, a perfect spot for relaxation and The fenced-in backyard provides a space for outdoor entertainment. This is a property that truly embodies a comfortable and stylish living experience. Don't miss out on this unique opportunity. Included 100-Day Home Warranty with buyer activation.

20. 2026-03-26
    price $275,000 629-char remark

    Show marketing remark (629 chars)

    Discover the charm of 13 Nanticoke Rd, a property that boasts a unique blend of style and comfort. The heart of this home is the kitchen, where an accent backsplash adds a touch of elegance and sophistication. The kitchen's design is not only aesthetically pleasing but also functional, making meal preparation a delight. Step outside to the deck, a perfect spot for relaxation and The fenced-in backyard provides a space for outdoor entertainment. This is a property that truly embodies a comfortable and stylish living experience. Don't miss out on this unique opportunity. Included 100-Day Home Warranty with buyer activation.

21. 2026-03-17
    soldstatus $236,000
22. 2026-03-12
    listed $280,000 Active 629-char remark

    Show marketing remark (629 chars)

    Discover the charm of 13 Nanticoke Rd, a property that boasts a unique blend of style and comfort. The heart of this home is the kitchen, where an accent backsplash adds a touch of elegance and sophistication. The kitchen's design is not only aesthetically pleasing but also functional, making meal preparation a delight. Step outside to the deck, a perfect spot for relaxation and The fenced-in backyard provides a space for outdoor entertainment. This is a property that truly embodies a comfortable and stylish living experience. Don't miss out on this unique opportunity. Included 100-Day Home Warranty with buyer activation.

23. 2021-10-28
    soldstatus $209,000
24. 2021-10-21
    historical 648-char remark

    Show marketing remark (648 chars)

    Great Opportunity to redo this charming 3 BR Brick Rancher in water privileged community of Algonquin. Community waterfront lot with pier - slips available on 1st come/1st served basis along with boat trailer storage. Located outside of city limits this home enjoys lower property taxes and features mature trees and quiet streets. Oil HWBB heat, hardwood floors, arched doorways and other wonderful features make this an attractive fixer-upper. Large yard with rear deck. Attached carport with tool shed and separate garden shed in yard. Off street parking on paved driveway. 200 amp electric service, roof = 2009, central air = 2005, deck = 2009.

25. 2021-10-21
    soldstatus $209,000 Closed 648-char remark

    Show marketing remark (648 chars)

    Great Opportunity to redo this charming 3 BR Brick Rancher in water privileged community of Algonquin. Community waterfront lot with pier - slips available on 1st come/1st served basis along with boat trailer storage. Located outside of city limits this home enjoys lower property taxes and features mature trees and quiet streets. Oil HWBB heat, hardwood floors, arched doorways and other wonderful features make this an attractive fixer-upper. Large yard with rear deck. Attached carport with tool shed and separate garden shed in yard. Off street parking on paved driveway. 200 amp electric service, roof = 2009, central air = 2005, deck = 2009.

26. 2021-09-19
    status Pending 648-char remark

    Show marketing remark (648 chars)

    Great Opportunity to redo this charming 3 BR Brick Rancher in water privileged community of Algonquin. Community waterfront lot with pier - slips available on 1st come/1st served basis along with boat trailer storage. Located outside of city limits this home enjoys lower property taxes and features mature trees and quiet streets. Oil HWBB heat, hardwood floors, arched doorways and other wonderful features make this an attractive fixer-upper. Large yard with rear deck. Attached carport with tool shed and separate garden shed in yard. Off street parking on paved driveway. 200 amp electric service, roof = 2009, central air = 2005, deck = 2009.

27. 2021-09-14
    listed $175,000 Active 648-char remark

    Show marketing remark (648 chars)

    Great Opportunity to redo this charming 3 BR Brick Rancher in water privileged community of Algonquin. Community waterfront lot with pier - slips available on 1st come/1st served basis along with boat trailer storage. Located outside of city limits this home enjoys lower property taxes and features mature trees and quiet streets. Oil HWBB heat, hardwood floors, arched doorways and other wonderful features make this an attractive fixer-upper. Large yard with rear deck. Attached carport with tool shed and separate garden shed in yard. Off street parking on paved driveway. 200 amp electric service, roof = 2009, central air = 2005, deck = 2009.

28. 2001-07-02
    soldstatus $95,000
29. 2001-06-22
    soldstatus $95,000
30. 2001-05-31
    historical
31. 2001-05-21
    listed $99,900

ⓘ 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: $2,584 · $215/mo
• Projected year-2 tax: $2,654 · $221/mo
• Expected delta: +$71/yr (+$6/mo · 2.7%)

ⓘ 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 9/10 Extreme 7 d/yr ≥105°F today · 16 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 70% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,146
• − Mortgage interest: −$14,004
• − Property taxes: −$2,584
• − Insurance: −$1,250
• − Repairs & maintenance: −$1,852
• − Management: −$1,852
• − Depreciation: −$7,273
• Taxable loss: −$5,668
• Est. tax savings @ 24.0%: +$1,360
• After-tax cash flow: $79/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: Dorchester County Public Schools
• NCES district ID: 2400300
• Math proficiency: 10% ▼ -14.00%
• Reading proficiency: 23% ▼ -12.00%
• Median HH income: $46,767
• Composite: 14.65/100
• National rank: #9404
• State rank: #23 of 24 in MD

Livability — Algonquin

• Score: 63/100
• State rank: #307
• US rank: #16088

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Algonquin, MD
• Population (ZIP): 18,167

Population outlook (Dorchester County) Hauer SSP2

• Today (2025): 31,699 people
• By 2030: 31,054 · -2.0%
• By 2040: 29,712 · -6.3%
• By 2050: 28,618 · -9.7%
• By 2075: 28,436 · -10.3%
• By 2100: 28,937 · -8.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.62)
• Race & ethnicity: White 52% Black 33% Two or more races 10% Hispanic / Latino 6% Asian 2%
• Hispanic origin (detail): Puerto Rican 3%
• Common ancestry: Romanian 1% Lithuanian 1% Italian 1%
• Foreign-born: 4% · Canada
• Languages at home: 95% English-only · Spanish 3% Other Indo-European 1% German/W. Germanic 1%

Political lean MEDSL · Dorchester

• 2024 margin: R (+14.6) · D 41.6% · R 56.1% · Other 2.3%
• 2008→2024 swing: -6.3pp toward R · 2008: -8.2pp · 2024: -14.6pp
• All cycles: 2024: R+14.6 2020: R+11.9 2016: R+16.0 2012: R+6.6 2008: R+8.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -91.03%
• Current HPI: 271.1127
• Rent YoY: —
• Metro: —
• 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

+164.3% since first listed

15 events — show timeline

• 2026-05-07 Price Changed $264,000 BRIGHT MLS
• 2026-04-23 Price Changed $267,000 BRIGHT MLS
• 2026-04-09 Price Changed $272,000 BRIGHT MLS
• 2026-03-26 Price Changed $275,000 BRIGHT MLS
• 2026-03-17 Sold (Public Records) $236,000 Public Records
• 2026-03-12 Listed $280,000 BRIGHT MLS
• 2021-10-28 Sold (Public Records) $209,000 Public Records
• 2021-10-21 Listing Removed — BRIGHT MLS
• 2021-10-21 Sold (MLS) $209,000 BRIGHT MLS
• 2021-09-19 Pending — BRIGHT MLS
• 2021-09-14 Listed $175,000 BRIGHT MLS
• 2001-07-02 Sold (Public Records) $95,000 Public Records
• 2001-06-22 Sold (MLS) $95,000 MRIS
• 2001-05-31 Delisted — MRIS
• 2001-05-21 Listed $99,900 MRIS

Property tax history

+4.5%/yr

Latest (2025): $2,584 · +26.7% YoY. Source: county tax records.