322 Worton Rd · Essex, MD 21221

$270,000

6 bd · 2.0 ba · 2,370 sqft · SingleFamily public records · 14 Days on market

Built 1953 0.40 ac lot Est $396k · 32% under

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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 +15.1/30.0
• ARV discount +15.0/15.0
• DSCR +4.6/10.0
• 1% rule +4.2/10.0
• 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

Listing remarks MLS

Amazing expanded 6BR/2BA HUGE Cape Cod style home located in the quiet neighborhood of Middleborough. Pull into the double-wide long driveway past the beautifully maintained front lawn, walk up to the covered front porch surrounded by flowering plants, and step into your forever home. Enter through the full glass entry door into the spacious living room boasting beautiful wood paneling and easy care flooring. The main floor offers a full bath, a bedroom/office, a large laundry room with tons of storage, and an amazing kitchen. The kitchen boasts recessed lighting, granite countertops, stainless steel appliances, an abundance of cabinets including 2 pantries, and pendant lighting above a double stainless sink that sits under a large window. From the kitchen step into the expanded oversized dining room boasting wainscoting and chair rail moldings with plenty of room for entertaining family and friends. Step through into the spacious family room large enough for several seating options, and open the sliding doors to a covered wood deck overlooking the backyard. The second floor offers four spacious bedrooms and a large primary bedroom with a private full bath and access to an attached sunroom. The sunroom boasts a free-standing pellet stove, and is perfect for a gym/office or game room, with stairs leading to the backyard. The deck off the back runs the full length of the house with separate entertainment spaces to fit the needs of your family. At the end of the long driveway is a detached two-car garage with separate storage shed, This home has so much to offer any new homeowner. Imagine all this and in close proximity to shopping, restaurants, and commuter routes.

Key facts

• Unique layout
• Bonus room
• Family room

Tags

• UNIQUE LAYOUT
• LARGE TWO-STORY ADDITION
• SIZABLE PRIMARY SUITE
• BONUS ROOM
• FAMILY ROOM
• REAR DECK

Property features AI

Exterior

• Parking: Detached garage with 2 spaces; Driveway parking; Off-street parking; On-street parking
• Utilities: Public water; Public sewer
• Home design: Detached structure; Shingle roof; Ownership: Fee simple
• Construction: Brick construction; Foundation described as other; Above-grade finished living area approximately 2,370 (source: Assessor)
• Exterior features: Lot dimensions provided (1.00 x); Tidal water not present; Other above-grade and below-grade structures noted

Interior

• Bedrooms: One main-level bedroom; Five upper-level bedrooms
• Bathrooms: Two full bathrooms (one on main level, one on upper level)
• Heating & cooling: Central heating (oil-fired); Central air conditioning; Electric hot water
• Interior features: Home not located in a federal flood zone; No basement

What this means for you Summary

Snapshot

• This is a 6-bed/2.0-bath single-family listed at $270k.

Deal economics

• At list price, monthly cash flow is $87 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $249k (7.8% below list).
• Recommended offer: $249k (7.8% below list) — sets the bar for 1% rule.
• Cap rate 6.7% 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; 1,511 units permitted in Baltimore County in 2024 (643 in 5+ unit buildings).
• This rent runs 44% 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 $2k of loan paydown is wiped out by about $8k 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

• Only 14 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 31y 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.

Risks & watch-outs

• Watch-outs: built in 1953 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 47% 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 $248,865 (7.8% below list)

Questions for the listing agent

1. Built in 1953 — 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 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?
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: 0.92% ✗
• Cap rate: 6.68%
• Cash-on-cash: 1.37%
• DSCR: 1.06
• GRM: 9.0

CMA / ARV

• ARV (on-the-fly): $395,790
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
357 Miles Rd	0.40mi	5/2.0 (-1)	2,216 (-6%)	13mo	$370,000	$167	55

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

5-year hold

• IRR: -16.3%
• Equity multiple: 0.43×
• Total profit: $-42,911
• Equity at exit: $40,258

10-year hold

• IRR: -11.8%
• Equity multiple: 0.36×
• Total profit: $-48,707
• Equity at exit: $23,345

Cash invested: $75,600 (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 21221

• Rents YoY: 1.1%
• Active inventory: 142
• Price-to-rent: 9.0×

Monthly cashflow live

• Estimated rent: $2,489 medium
• Mortgage (P&I): −$1,416
• Tax from tax record: −$351 /mo · $4,213/yr
• Insurance: −$112
• HOA: −$0
• Vacancy / Maint / Mgmt: −$523
• Net cashflow: $87

Break-even live

Break-even rent $2,379

Max offer price $270,000

Occupancy floor 92%

Sensitivity live

Price	-10% $239	-5% $163	+0% $87	+5% $10	+10% $-66
Rent	-10% $-110	-5% $-12	+0% $87	+5% $185	+10% $283
Rate	-1.0pp $223	-0.5pp $155	base $87	+0.5pp $17	+1.0pp $-55

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: $67,500
• Closing costs: $8,100
• Reserves months: —
• Total cash needed: —

Listing history 10 events

1. 2026-06-17
   status $270,000 Pending 14 DOM
2. 2026-06-17
   days on market $270,000 Active 14 DOM
3. 2026-06-16
   days on market $270,000 Active 13 DOM
4. 2026-06-15
   days on market $270,000 Active 12 DOM
5. 2026-06-13
   days on market $270,000 Active 10 DOM
6. 2026-06-09
   days on market $270,000 Active 6 DOM
7. 2026-06-08
   days on market $270,000 Active 5 DOM
8. 2026-06-07
   days on market $270,000 Active 4 DOM
9. 2026-06-04
   remarks 699-char remark
10. 2026-06-04
    listed $270,000 Active 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: $4,213 · $351/mo
• Projected year-2 tax: $4,213 · $351/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 2/10 Low
• 🌡 Heat 8/10 Severe 7 d/yr ≥104°F today · 15 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 47% 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: $29,864
• − Mortgage interest: −$15,124
• − Property taxes: −$4,213
• − Insurance: −$1,350
• − Repairs & maintenance: −$2,389
• − Management: −$2,389
• − Depreciation: −$7,855
• Taxable loss: −$3,456
• Est. tax savings @ 24.0%: +$829
• After-tax cash flow: $1,868/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

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

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: 37.5% rent · 62.5% 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
▸Utilities	1	$25B
▸Hotels	1	$24B
▸Consumer Goods	1	$7B
▸Real Estate	1	$6B
▸Chemicals	1	$2B

Price history

+412.3% since first listed

12 events — show timeline

• 2026-06-03 Listed $270,000 BRIGHT MLS
• 2022-02-02 Sold (Public Records) $418,000 Public Records
• 2021-12-08 Sold (MLS) $418,000 BRIGHT MLS
• 2021-11-02 Pending — BRIGHT MLS
• 2021-10-19 Price Changed $439,900 BRIGHT MLS
• 2021-09-29 Price Changed $444,900 BRIGHT MLS
• 2021-08-26 Listed $449,900 BRIGHT MLS
• 1995-11-29 Sold (Public Records) $100,000 Public Records
• 1995-10-26 Sold (MLS) $100,000 MRIS
• 1995-09-17 Delisted — MRIS
• 1995-02-22 Listed $109,900 MRIS
• 1988-05-11 Sold (Public Records) $52,700 Public Records

Property tax history

+2.4%/yr

Latest (2025): $4,213 · +6.0% YoY. Source: county tax records.