8 Barksdale Ct · Elkton, MD 21921

$210,000

4 bd · 1.5 ba · 1,512 sqft · SingleFamily public records · 28 Days on market

Built 1974 0.53 ac lot Est $275k · 24% under

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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 +26.5/30.0
• ARV discount +15.0/15.0
• DSCR +9.0/10.0
• 1% rule +6.5/10.0
• 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

Great opportunity to own 4br 1.1 bth Bi Level. Convenient to all local employment centers, De, Pa, MD. 2 main floor bedrooms, updated kitchen, hardwood floors, convenient access to elevated deck for evening & weekend BBQ's. Lower Level includes family rm w/ walkout to patio, whole house alternative wood stove heat sourse. 2 additional bedrooms, laundry rm, workshop, expandable 1/2 bath to full bth.

Key facts

• 0.53 acre lot
• Built 1974
• Listed 27 days

Property features AI

Exterior

• Parking: Asphalt/paved driveway
• Utilities: Well water; On-site septic; Cable, electric, natural gas, sewer, and water available
• Home design: Detached structure; Pitched shingle roof; Estimated year built
• Construction: Aluminum siding, brick, and concrete construction; Brick/mortar foundation
• Exterior features: Deck(s); Patio(s); Backs to trees; Located on a no-thru street; Personal above-ground pool

Interior

• Bedrooms: Four bedrooms on the main level
• Bathrooms: One full bathroom; One half bathroom
• Heating & cooling: Wood burning stove; Zoned heating; Ceiling fans; Whole house fan; Window air conditioning units; Electric heating and cooling fuel; Electric hot water
• Interior features: Full basement with connecting stairway, partially finished, walkout level with windows and outside/rear entrances; Has fireplace (1)
• Laundry & utility: Laundry located on lower floor

What this means for you Summary

Snapshot

• This is a 4-bed/1.5-bath single-family listed at $210k.

Deal economics

• At list price, monthly cash flow is $556 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $210k).
• Recommended offer: $207k (1.5% below list) — sets the bar for market timing.
• Cap rate 9.5% 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: 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.
• Zoned schools: Cecil Manor Elementary (math 12% / reading 12%, grade F, #550 of 860 statewide, top 66%, 424 students, 65% FRL); Cherry Hill Middle (math 10% / reading 34%, grade F, #125 of 225 statewide, top 58%, 401 students, 53% FRL); Elkton High (math 32% / reading 58%, grade D-, #124 of 222 statewide, top 56%, 1,106 students, 62% FRL) — zoned schools average 60% FRL vs 37% district-wide (23 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+2.3%/yr); 204 active listings in the ZIP; 2 comparable units currently listed for rent nearby; solid renter incomes; 563 units permitted in Cecil County in 2024 (330 in 5+ unit buildings).
• This rent runs 34% 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 28 days — a 2% lower offer ($207k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 14y ago; this cycle's ask has dropped $40k (16%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $165k; 27% above their basis — modest negotiation headroom, anchor on the comps not their cost.

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 $206,850 (1.5% below list)

Questions for the listing agent

1. Built in 1974 — 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 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: 1.15% ✓
• Cap rate: 9.47%
• Cash-on-cash: 11.34%
• DSCR: 1.50
• GRM: 7.3

CMA / ARV

• ARV (on-the-fly): $275,184
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
17 Barksdale Ct	0.04mi	4/2.0	1,624 (+7%)	16mo	$295,000	$182	71

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: -0.1%
• Equity multiple: 1.00×
• Total profit: $-291
• Equity at exit: $31,312

10-year hold

• IRR: 8.8%
• Equity multiple: 1.66×
• Total profit: $38,593
• Equity at exit: $18,157

Cash invested: $58,800 (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: 7.3×

Monthly cashflow live

• Estimated rent: $2,413 medium
• Mortgage (P&I): −$1,101
• Tax from tax record: −$161 /mo · $1,938/yr
• Insurance: −$88
• HOA: −$0
• Vacancy / Maint / Mgmt: −$507
• Net cashflow: $556

Break-even live

Break-even rent $1,709

Max offer price $210,000

Occupancy floor 72%

Sensitivity live

Price	-10% $675	-5% $615	+0% $556	+5% $496	+10% $437
Rent	-10% $365	-5% $461	+0% $556	+5% $651	+10% $746
Rate	-1.0pp $662	-0.5pp $609	base $556	+0.5pp $501	+1.0pp $446

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: $52,500
• Closing costs: $6,300
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
317 Willow Dr Elkton, MD	3.0	1.5	1125	$1,900	$1.69	5d	1	0.85mi
20 Marsh Ln Elkton, MD	3.0	2.0	1200	$1,990	$1.66	5d	1	1.29mi

Listing history 28 events

1. 2026-06-18
   days on market $210,000 Active 28 DOM
2. 2026-06-17
   days on market $210,000 Active 27 DOM
3. 2026-06-16
   days on market $210,000 Active 26 DOM
4. 2026-06-15
   days on market $210,000 Active 25 DOM
5. 2026-06-13
   days on market $210,000 Active 23 DOM
6. 2026-06-09
   days on market $210,000 Active 19 DOM
7. 2026-06-08
   days on market $210,000 Active 18 DOM
8. 2026-06-07
   days on market $210,000 Active 17 DOM
9. 2026-06-04
   days on market $210,000 Active 14 DOM
10. 2026-06-03
    days on market $210,000 Active 13 DOM
11. 2026-06-02
    days on market $210,000 Active 12 DOM
12. 2026-06-01
    days on market $210,000 Active 11 DOM
13. 2026-05-31
    days on market $210,000 Active 10 DOM
14. 2026-05-22
    price $210,000
15. 2026-05-22
    listed $250,000 Active
16. 2012-09-28
    soldstatus $165,000
17. 2012-09-19
    soldstatus $165,000 Sold 407-char remark

    Show marketing remark (407 chars)

    Great opportunity to own 4br 1.1 bth Bi Level. Convenient to all local employment centers, De, Pa, MD. 2 main floor bedrooms, updated kitchen, hardwood floors, convenient access to elevated deck for evening & weekend BBQ's. Lower Level includes family rm w/ walkout to patio, whole house alternative wood stove heat sourse. 2 additional bedrooms, laundry rm, workshop, expandable 1/2 bath to full bth.

18. 2012-09-19
    soldstatus $165,000

    Show marketing remark (407 chars)

    Great opportunity to own 4br 1.1 bth Bi Level. Convenient to all local employment centers, De, Pa, MD. 2 main floor bedrooms, updated kitchen, hardwood floors, convenient access to elevated deck for evening & weekend BBQ's. Lower Level includes family rm w/ walkout to patio, whole house alternative wood stove heat sourse. 2 additional bedrooms, laundry rm, workshop, expandable 1/2 bath to full bth.

19. 2012-08-02
    status Contract 407-char remark

    Show marketing remark (407 chars)

    Great opportunity to own 4br 1.1 bth Bi Level. Convenient to all local employment centers, De, Pa, MD. 2 main floor bedrooms, updated kitchen, hardwood floors, convenient access to elevated deck for evening & weekend BBQ's. Lower Level includes family rm w/ walkout to patio, whole house alternative wood stove heat sourse. 2 additional bedrooms, laundry rm, workshop, expandable 1/2 bath to full bth.

20. 2012-08-02
    historical

    Show marketing remark (407 chars)

    Great opportunity to own 4br 1.1 bth Bi Level. Convenient to all local employment centers, De, Pa, MD. 2 main floor bedrooms, updated kitchen, hardwood floors, convenient access to elevated deck for evening & weekend BBQ's. Lower Level includes family rm w/ walkout to patio, whole house alternative wood stove heat sourse. 2 additional bedrooms, laundry rm, workshop, expandable 1/2 bath to full bth.

21. 2012-08-02
    historical

    Show marketing remark (407 chars)

    Great opportunity to own 4br 1.1 bth Bi Level. Convenient to all local employment centers, De, Pa, MD. 2 main floor bedrooms, updated kitchen, hardwood floors, convenient access to elevated deck for evening & weekend BBQ's. Lower Level includes family rm w/ walkout to patio, whole house alternative wood stove heat sourse. 2 additional bedrooms, laundry rm, workshop, expandable 1/2 bath to full bth.

22. 2012-06-15
    price $169,900 Active 407-char remark

    Show marketing remark (407 chars)

    Great opportunity to own 4br 1.1 bth Bi Level. Convenient to all local employment centers, De, Pa, MD. 2 main floor bedrooms, updated kitchen, hardwood floors, convenient access to elevated deck for evening & weekend BBQ's. Lower Level includes family rm w/ walkout to patio, whole house alternative wood stove heat sourse. 2 additional bedrooms, laundry rm, workshop, expandable 1/2 bath to full bth.

23. 2012-06-15
    status Active 407-char remark

    Show marketing remark (407 chars)

    Great opportunity to own 4br 1.1 bth Bi Level. Convenient to all local employment centers, De, Pa, MD. 2 main floor bedrooms, updated kitchen, hardwood floors, convenient access to elevated deck for evening & weekend BBQ's. Lower Level includes family rm w/ walkout to patio, whole house alternative wood stove heat sourse. 2 additional bedrooms, laundry rm, workshop, expandable 1/2 bath to full bth.

24. 2012-05-01
    status Contract 407-char remark

    Show marketing remark (407 chars)

    Great opportunity to own 4br 1.1 bth Bi Level. Convenient to all local employment centers, De, Pa, MD. 2 main floor bedrooms, updated kitchen, hardwood floors, convenient access to elevated deck for evening & weekend BBQ's. Lower Level includes family rm w/ walkout to patio, whole house alternative wood stove heat sourse. 2 additional bedrooms, laundry rm, workshop, expandable 1/2 bath to full bth.

25. 2012-03-28
    listed $179,900 Active 407-char remark

    Show marketing remark (407 chars)

    Great opportunity to own 4br 1.1 bth Bi Level. Convenient to all local employment centers, De, Pa, MD. 2 main floor bedrooms, updated kitchen, hardwood floors, convenient access to elevated deck for evening & weekend BBQ's. Lower Level includes family rm w/ walkout to patio, whole house alternative wood stove heat sourse. 2 additional bedrooms, laundry rm, workshop, expandable 1/2 bath to full bth.

26. 2012-03-28
    listed $169,900

    Show marketing remark (407 chars)

    Great opportunity to own 4br 1.1 bth Bi Level. Convenient to all local employment centers, De, Pa, MD. 2 main floor bedrooms, updated kitchen, hardwood floors, convenient access to elevated deck for evening & weekend BBQ's. Lower Level includes family rm w/ walkout to patio, whole house alternative wood stove heat sourse. 2 additional bedrooms, laundry rm, workshop, expandable 1/2 bath to full bth.

27. 2012-03-27
    listed $169,900
28. 1989-11-30
    soldstatus $95,000

ⓘ 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: $1,938 · $161/mo
• Projected year-2 tax: $2,113 · $176/mo
• Expected delta: +$176/yr (+$15/mo · 9.1%)

ⓘ 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 4/10 Moderate
• 🌡 Heat 6/10 Major 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 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $28,954
• − Mortgage interest: −$11,763
• − Property taxes: −$1,938
• − Insurance: −$1,050
• − Repairs & maintenance: −$2,316
• − Management: −$2,316
• − Depreciation: −$6,109
• Taxable income: $3,461
• Est. tax owed @ 24.0%: −$831
• After-tax cash flow: $5,840/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

• 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

+121.1% since first listed

15 events — show timeline

• 2026-05-22 Price Changed $210,000 BRIGHT MLS
• 2026-05-22 Listed $250,000 BRIGHT MLS
• 2012-09-28 Sold (Public Records) $165,000 Public Records
• 2012-09-19 Sold (MLS) $165,000 BRIGHT MLS
• 2012-09-19 Sold (MLS) $165,000 MRIS
• 2012-08-02 Pending — MRIS
• 2012-08-02 Listing Removed — BRIGHT MLS
• 2012-08-02 Listing Removed — BRIGHT MLS
• 2012-06-15 Relisted — MRIS
• 2012-06-15 Price Changed $169,900 MRIS
• 2012-05-01 Pending — MRIS
• 2012-03-28 Listed $179,900 MRIS
• 2012-03-28 Listed $169,900 BRIGHT MLS
• 2012-03-27 Listed $169,900 BRIGHT MLS
• 1989-11-30 Sold (Public Records) $95,000 Public Records

Property tax history

+1.8%/yr

Latest (2025): $1,938 · +31.2% YoY. Source: county tax records.