412 E Cold Spring Ln · Baltimore, MD
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $755 – $1,403
Heat risk 7/10 · Major
- Hot days now (above 103°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 6/10 · Moderate
- Chance of severe wind over 30 yrs
- 27.0%
Air-quality risk 4/10 · Minor
- 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 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 +25.4/30.0
- DSCR +8.4/10.0
- 1% rule +6.3/10.0
- ARV discount +5.6/15.0
- Livability +3.8/5.0
- Rent growth +3.7/5.0
- Condition / age +2.5/5.0
- Schools +1.0/10.0
- Appreciation +0.0/10.0
$170,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Charming 3 bedroom Porch-Front Home…Move-In Ready Welcome to this beautifully updated home featuring a covered front porch, perfect for relaxing outdoors. Step inside to find gleaming wood floors and recessed lighting that give the main level a warm, modern feel. The spacious kitchen offers stainless steel appliances, granite countertops, and plenty of cabinet space—ideal for everyday cooking or entertaining. The bathroom features a ceramic tile shower with a clean, contemporary design. This home is an excellent opportunity for both first-time buyers and investors looking to add a strong property to their rental portfolio. Located in a convenient area close to parks, public transportation, and commuter routes, you’ll have easy access to everything Baltimore has to offer. Don’t miss your chance to own this move-in ready Baltimore home!
Key facts
- Built 1920
- Listed 192 days
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath townhouse listed at $170k.
Deal economics
- At list price, monthly cash flow is $389 ($5k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $170k).
- Recommended offer: $150k (12.0% below list) — sets the bar for market timing.
Location & tenants
- Location reads 76/100 on livability (#90 in MD, #3,396 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, housing A+; Watch: crime F.
- Baltimore City Public Schools (urban): math 7% / reading 16% proficiency, ranked #24 of 24 in MD (top 100%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 79% free/reduced lunch — lower-income household profile, screen leases tightly.
- Zoned schools: Roland Park Elementary/Middle (math 33% / reading 48%, grade F, #95 of 860 statewide, top 11%, 1,365 students, 32% FRL); Baltimore Polytechnic Institute (math 71% / reading 84%, grade A-, #22 of 222 statewide, top 10%, 1,555 students, 43% FRL) — zoned schools average 38% FRL vs 79% district-wide (42 pts lower); this property's tenant base skews higher-income than the district average.
- Zoned-school proficiency averages 59% at this address vs 12% district-wide (+48 pts) — the actual schools serving this property are materially stronger than the Baltimore City Public Schools average implies; a family-tenant draw the district grade alone would hide.
- Market conditions: Rents rising fast (+4.7%/yr); 136 active listings in the ZIP; 40 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; 1,273 units permitted in Baltimore city in 2024 (1,104 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
- Baltimore County population projected to shrink 4% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
- At projected returns (-3.0% appreciation + 4.7% rent growth), your $48k cash investment doubles in ~10 years — after that, you're playing with house money.
Negotiation context
- It's been on market 193 days — a 12% lower offer ($150k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts since 7y ago; this cycle's ask has dropped $30k (15%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $58k; list at $170k implies a 192% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1920 — expect roof / HVAC / electrical / plumbing capex.
- 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.
Questions for the listing agent
- It's been on market 193 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1920 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- 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?
- 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 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
- 1.13% ✓
- Cap rate
- 9.04%
- Cash-on-cash
- 9.82%
- DSCR
- 1.44
- GRM
- 7.3
CMA / ARV
- ARV (median comp)
- $163,120
- List price
- $170,000
- Delta
- 4.22%
- 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 |
|---|---|---|---|---|---|---|---|
| 4662 Kernwood Ave | 0.06mi | 3/1.5 | 1,652 (+9%) | 1mo | $240,000 | $145 | 79 |
| 4806 Wrenwood Ave | 0.23mi | 3/2.0 | 1,595 (+6%) | 3mo | $225,000 | $141 | 74 |
| 617 Willow Ave | 0.24mi | 3/2.0 | 1,641 (+8%) | 2mo | $235,000 | $143 | 69 |
| 5019 Midwood Ave | 0.41mi | 3/2.0 | 1,455 (-4%) | 2mo | $198,000 | $136 | 69 |
| 715 Radnor Ave | 0.28mi | 4/2.0 (+1) | 1,600 (+6%) | 2mo | $249,900 | $156 | 67 |
| 308 Woodbourne Ave | 0.59mi | 3/2.0 | 1,565 (+4%) | 1mo | $431,000 | $275 | 62 |
| 4664 Marble Hall Rd | 0.72mi | 3/2.0 | 1,494 (-1%) | 2mo | $302,000 | $202 | 58 |
| 804 Mccabe Ave | 0.50mi | 3/2.5 | 1,620 (+7%) | 2mo | $199,900 | $123 | 57 |
| 609 E 41st St | 0.50mi | 3/2.0 | 1,728 (+14%) | 1mo | $79,100 | $46 | 48 |
| 4100 N Charles St N #803 | 0.70mi | 2/2.0 (-1) | 1,421 (-6%) | 2mo | $305,000 | $215 | 47 |
| 4100 N Charles St #1110 | 0.70mi | 2/2.0 (-1) | 1,363 (-10%) | 0mo | $339,000 | $249 | 42 |
| 3953 Wilsby Ave | 0.67mi | 4/2.0 (+1) | 1,716 (+14%) | 2mo | $235,000 | $137 | 36 |
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 · 4.65% rent growth · sell at horizon
- IRR
- 0.3%
- Equity multiple
- 1.01×
- Total profit
- $518
- Equity at exit
- $25,348
- IRR
- 11.5%
- Equity multiple
- 1.97×
- Total profit
- $46,222
- Equity at exit
- $14,698
Cash invested: $47,600 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (CITY)
- 12 Strongly Tenant-Friendly
- State Maryland
- 27 Tenant-Leaning · D+14
- County
- — inherits STATE
- City Baltimore
- 12 Strongly Tenant-Friendly · D+58
ZIP-level market 21212
- Rents YoY
- 4.7%
- Active inventory
- 136
- Price-to-rent
- 7.3×
Monthly cashflow live
- Estimated rent
- $1,929 high interval (Pro) →
- Mortgage (P&I)
- −$891
- Tax from tax record
- −$172 /mo · $2,061/yr
- Insurance
- −$71
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$405
- Net cashflow
- $389
Break-even live
Sensitivity live
| Price | -10% $486 | -5% $438 | +0% $389 | +5% $341 | +10% $293 |
|---|---|---|---|---|---|
| Rent | -10% $237 | -5% $313 | +0% $389 | +5% $466 | +10% $542 |
| Rate | -1.0pp $475 | -0.5pp $433 | base $389 | +0.5pp $345 | +1.0pp $301 |
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
- $42,500
- Closing costs
- $5,100
- 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 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 531 Willow Ave Unit Na Baltimore, MD | 4.0 | 1.0 | 1300 | $1,800 | $1.38 | 22d | 1 | 0.13mi |
| 514 Radnor Ave Baltimore, MD | 3.0 | 1.5 | 1575 | $1,500 | $0.95 | 46d | 1 | 0.16mi |
| 4754 Alhambra Ave Baltimore, MD | 3.0 | 2.0 | 1876 | $1,500 | $0.80 | 26d | 1 | 0.16mi |
| 4407 Old York Rd Baltimore, MD | 3.0 | 1.5 | 1356 | $1,574 | $1.16 | 45d | 1 | 0.20mi |
| 4407 Old York Rd Baltimore, MD | 3.0 | 1.5 | 1356 | $1,574 | $1.16 | 22d | 1 | 0.20mi |
| 510 Winston Ave Baltimore, MD | 4.0 | 2.0 | 1600 | $2,800 | $1.75 | 22d | 1 | 0.30mi |
| 804 Radnor Ave Baltimore, MD | 3.0 | 1.0 | 1654 | $2,000 | $1.21 | 45d | 1 | 0.30mi |
| 543 Chateau Ave Baltimore, MD | 3.0 | 2.0 | 1152 | $1,900 | $1.65 | 6d | 1 | 0.33mi |
| 4303 York Rd #3 Baltimore, MD | 2.0 | 1.0 | 1680 | $1,400 | $0.83 | 45d | 1 | 0.34mi |
| 706 E 43rd St Baltimore, MD | 4.0 | 1.5 | 1596 | $1,899 | $1.19 | 4d | 1 | 0.34mi |
| 720 Springfield Ave Baltimore, MD | 3.0 | 1.0 | 1160 | $2,000 | $1.72 | 45d | 1 | 0.40mi |
| 711 1/2 McCabe Ave Baltimore, MD | 4.0 | 3.0 | 1204 | $2,350 | $1.95 | 6d | 1 | 0.46mi |
| 513 E 41st St Baltimore, MD | 4.0 | 1.5 | 1620 | $1,900 | $1.17 | 45d | 1 | 0.47mi |
| 4033 Greenmount Ave Baltimore, MD | 2.0 | 2.5 | 1860 | $2,550 | $1.37 | 26d | 1 | 0.49mi |
| 5200 Ready Ave Baltimore, MD | 3.0 | 1.5 | 1116 | $1,950 | $1.75 | 5d | 1 | 0.50mi |
| 5307 York Rd Baltimore, MD | 2.0 | 1.0 | 1120 | $1,200 | $1.07 | 45d | 1 | 0.57mi |
| 1224 Winston Ave Baltimore, MD | 3.0 | 2.0 | 1248 | $2,100 | $1.68 | 19d | 1 | 0.70mi |
| 1221 Glenwood Ave Baltimore, MD | 3.0 | 2.0 | 1390 | $2,595 | $1.87 | 45d | 1 | 0.79mi |
| 3721 Ellerslie Ave Baltimore, MD | 1.0–3.0 | 1.0–2.0 | 924 | $1,603 | $1.73 | 0d | 1 | 0.81mi |
| 620 Harwood Ave Baltimore, MD | 2.0 | 1.0 | 2056 | $1,350 | $0.66 | 45d | 1 | 0.85mi |
| 1008 Tunbridge Rd Baltimore, MD | 3.0 | 2.0 | 1732 | $2,050 | $1.18 | 26d | 1 | 0.88mi |
| 108 W 39th St Baltimore, MD | 2.0 | 1.0–2.0 | 1350 | $2,189 | $1.62 | 0d | 12 | 0.89mi |
| 3811 Canterbury Rd Baltimore, MD | 2.0 | 1.0–2.0 | 975 | $2,495 | $2.56 | 14d | 5 | 0.90mi |
| 925 Chestnut Hill Ave Baltimore, MD | 3.0 | 1.0 | 1280 | $1,895 | $1.48 | 0d | 1 | 0.91mi |
| 5204 Kelway Rd Baltimore, MD | 3.0 | 2.0 | 1666 | $2,350 | $1.41 | 26d | 1 | 0.92mi |
| 105 W 39th St Baltimore, MD | 2.0 | 1.0 | 753 | $2,250 | $2.99 | 6d | 1 | 0.93mi |
| 818 Bradhurst Rd Baltimore, MD | 2.0 | 1.0 | 1216 | $1,350 | $1.11 | 5d | 1 | 0.96mi |
| 818 Bradhurst Rd Baltimore, MD | 2.0 | 1.0 | 1216 | $1,250 | $1.03 | 45d | 1 | 0.96mi |
| 5622 Midwood Ave Baltimore, MD | 3.0 | 2.0 | 1452 | $2,300 | $1.58 | 45d | 1 | 0.97mi |
| 500 W University Pkwy Baltimore, MD | 3.0 | 1.0–2.0 | 955 | $3,015 | $3.16 | 0d | 55 | 0.98mi |
| 5626 Midwood Ave Unit 2 Baltimore, MD | 2.0 | 1.0 | 1452 | $1,100 | $0.76 | 26d | 1 | 0.98mi |
| 4006 Loch Raven Blvd Baltimore, MD | 3.0 | 2.5 | 2016 | $2,695 | $1.34 | 19d | 1 | 0.98mi |
| 3529 Greenmount Ave Baltimore, MD | 3.0 | 2.0 | 1316 | $1,575 | $1.20 | 45d | 1 | 0.99mi |
| 721 E 36th St Unit Na Baltimore, MD | 2.0 | 1.0 | 1156 | $1,650 | $1.43 | 45d | 1 | 1.00mi |
| 3601 Greenway #101 Baltimore, MD | 2.0 | 2.0 | 1470 | $2,700 | $1.84 | 6d | 1 | 1.04mi |
| 3616 Yolando Rd Baltimore, MD | 3.0 | 2.0 | 1360 | $1,900 | $1.40 | 0d | 1 | 1.06mi |
| 828 Saint Dunstans Rd Baltimore, MD | 3.0 | 2.0 | 1544 | $2,000 | $1.30 | 26d | 1 | 1.07mi |
| 1 E University Pkwy Baltimore, MD | 1.0–3.0 | 1.0–2.0 | 1045 | $2,500 | $2.39 | 6d | 2 | 1.07mi |
| 724 E 35th St Baltimore, MD | 3.0 | 1.5 | 1368 | $2,000 | $1.46 | 16d | 1 | 1.07mi |
| 1543 Northwick Rd Unit 2 Baltimore, MD | 2.0 | 1.0 | 1160 | $1,100 | $0.95 | 0d | 1 | 1.08mi |
Listing history 23 events
-
2026-06-21days on market $170,000 Active 193 DOM
-
2026-06-18days on market $170,000 Active 190 DOM
-
2026-06-17days on market $170,000 Active 189 DOM
-
2026-06-16days on market $170,000 Active 188 DOM
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2026-06-15days on market $170,000 Active 187 DOM
-
2026-06-13days on market $170,000 Active 185 DOM
-
2026-06-09days on market $170,000 Active 181 DOM
-
2026-06-08days on market $170,000 Active 180 DOM
-
2026-06-07days on market $170,000 Active 179 DOM
-
2026-06-04days on market $170,000 Active 176 DOM
-
2026-06-03days on market $170,000 Active 175 DOM
-
2026-06-02days on market $170,000 Active 174 DOM
-
2026-06-01days on market $170,000 Active 173 DOM
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2026-05-31days on market $170,000 Active 172 DOM
-
2026-05-13price $170,000 871-char remark
Show marketing remark (871 chars)
Charming 3 bedroom Porch-Front Home…Move-In Ready Welcome to this beautifully updated home featuring a covered front porch, perfect for relaxing outdoors. Step inside to find gleaming wood floors and recessed lighting that give the main level a warm, modern feel. The spacious kitchen offers stainless steel appliances, granite countertops, and plenty of cabinet space—ideal for everyday cooking or entertaining. The bathroom features a ceramic tile shower with a clean, contemporary design. This home is an excellent opportunity for both first-time buyers and investors looking to add a strong property to their rental portfolio. Located in a convenient area close to parks, public transportation, and commuter routes, you’ll have easy access to everything Baltimore has to offer. Don’t miss your chance to own this move-in ready Baltimore home!
-
2026-04-23price $175,000 871-char remark
Show marketing remark (871 chars)
Charming 3 bedroom Porch-Front Home…Move-In Ready Welcome to this beautifully updated home featuring a covered front porch, perfect for relaxing outdoors. Step inside to find gleaming wood floors and recessed lighting that give the main level a warm, modern feel. The spacious kitchen offers stainless steel appliances, granite countertops, and plenty of cabinet space—ideal for everyday cooking or entertaining. The bathroom features a ceramic tile shower with a clean, contemporary design. This home is an excellent opportunity for both first-time buyers and investors looking to add a strong property to their rental portfolio. Located in a convenient area close to parks, public transportation, and commuter routes, you’ll have easy access to everything Baltimore has to offer. Don’t miss your chance to own this move-in ready Baltimore home!
-
2026-03-11price $185,000 871-char remark
Show marketing remark (871 chars)
Charming 3 bedroom Porch-Front Home…Move-In Ready Welcome to this beautifully updated home featuring a covered front porch, perfect for relaxing outdoors. Step inside to find gleaming wood floors and recessed lighting that give the main level a warm, modern feel. The spacious kitchen offers stainless steel appliances, granite countertops, and plenty of cabinet space—ideal for everyday cooking or entertaining. The bathroom features a ceramic tile shower with a clean, contemporary design. This home is an excellent opportunity for both first-time buyers and investors looking to add a strong property to their rental portfolio. Located in a convenient area close to parks, public transportation, and commuter routes, you’ll have easy access to everything Baltimore has to offer. Don’t miss your chance to own this move-in ready Baltimore home!
-
2025-12-11$199,900 Active 871-char remark
Show marketing remark (871 chars)
Charming 3 bedroom Porch-Front Home…Move-In Ready Welcome to this beautifully updated home featuring a covered front porch, perfect for relaxing outdoors. Step inside to find gleaming wood floors and recessed lighting that give the main level a warm, modern feel. The spacious kitchen offers stainless steel appliances, granite countertops, and plenty of cabinet space—ideal for everyday cooking or entertaining. The bathroom features a ceramic tile shower with a clean, contemporary design. This home is an excellent opportunity for both first-time buyers and investors looking to add a strong property to their rental portfolio. Located in a convenient area close to parks, public transportation, and commuter routes, you’ll have easy access to everything Baltimore has to offer. Don’t miss your chance to own this move-in ready Baltimore home!
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2025-12-02historical $199,900 871-char remark
Show marketing remark (871 chars)
Charming 3 bedroom Porch-Front Home…Move-In Ready Welcome to this beautifully updated home featuring a covered front porch, perfect for relaxing outdoors. Step inside to find gleaming wood floors and recessed lighting that give the main level a warm, modern feel. The spacious kitchen offers stainless steel appliances, granite countertops, and plenty of cabinet space—ideal for everyday cooking or entertaining. The bathroom features a ceramic tile shower with a clean, contemporary design. This home is an excellent opportunity for both first-time buyers and investors looking to add a strong property to their rental portfolio. Located in a convenient area close to parks, public transportation, and commuter routes, you’ll have easy access to everything Baltimore has to offer. Don’t miss your chance to own this move-in ready Baltimore home!
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2019-11-01soldstatus $58,300
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2019-10-18soldstatus $58,300 Closed 299-char remark
Show marketing remark (299 chars)
PUBLIC ONSITE AUCTION: Tues, Sept 3rd, 2019 @ 11:00 AM. List Price is Suggested Opening Bid. 2 Story porchfront townhome located in the Kernewood area. Property is vacant. 10% Buyer's Premium or $1,000, whichever is greater. Deposit $5,000. For full Terms and Conditions contact auctioneer's office.
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2019-09-04status Pending 299-char remark
Show marketing remark (299 chars)
PUBLIC ONSITE AUCTION: Tues, Sept 3rd, 2019 @ 11:00 AM. List Price is Suggested Opening Bid. 2 Story porchfront townhome located in the Kernewood area. Property is vacant. 10% Buyer's Premium or $1,000, whichever is greater. Deposit $5,000. For full Terms and Conditions contact auctioneer's office.
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2019-08-05$30,000 Active 299-char remark
Show marketing remark (299 chars)
PUBLIC ONSITE AUCTION: Tues, Sept 3rd, 2019 @ 11:00 AM. List Price is Suggested Opening Bid. 2 Story porchfront townhome located in the Kernewood area. Property is vacant. 10% Buyer's Premium or $1,000, whichever is greater. Deposit $5,000. For full Terms and Conditions contact auctioneer's office.
ⓘ 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
- $2,061 · $172/mo
- Projected year-2 tax
- $2,061 · $172/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 1/10 Low
- Heat 7/10 Severe 7 d/yr ≥103°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 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
- $23,142
- − Mortgage interest
- −$9,523
- − Property taxes
- −$2,061
- − Insurance
- −$850
- − Repairs & maintenance
- −$1,851
- − Management
- −$1,851
- − Depreciation
- −$4,945
- Taxable income
- $2,061
- Est. tax owed @ 24.0%
- −$495
- After-tax cash flow
- $4,179/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 City Public Schools
- NCES district ID
- 2400090
- Math proficiency
- 7% ▼ -9.00%
- Reading proficiency
- 16% ▼ -5.00%
- Median HH income
- $42,108
- Composite
- 10.08/100
- National rank
- #9805
- State rank
- #24 of 24 in MD
Livability — Baltimore
- Score
- 76/100
- State rank
- #90
- US rank
- #3396
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Baltimore, MD
- County
- Baltimore City · 558,601 people
- City population
- 588,727
- Metro
- Baltimore-Columbia-Towson, MD
- Population (ZIP)
- 33,974
- Household income
- $96,685
- Rent vs Own
- Severe rent burden
- 769.0
Population outlook (Baltimore County) Hauer SSP2
- Today (2025)
- 624,249 people
- By 2030
- 621,541 · -0.4%
- By 2040
- 609,756 · -2.3%
- By 2050
- 597,249 · -4.3%
- By 2075
- 552,236 · -11.5%
- By 2100
- 513,934 · -17.7%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.64)
- Race & ethnicity
- White 49% Black 35% Two or more races 9% Hispanic / Latino 7% Asian 4%
- Hispanic origin (detail)
- Mexican 1% Puerto Rican 1%
- Common ancestry
- Romanian 3% Italian 2% Slovak 2%
- Foreign-born
- 9% · Canada, China
- Languages at home
- 87% English-only · Spanish 5% Other Indo-European 2% French/Haitian/Cajun 1%
Political lean MEDSL · Baltimore
- 2024 margin
- Solid D (+73.0) · D 85.2% · R 12.2% · Other 2.6%
- 2008→2024 swing
- -2.5pp toward R · 2008: 75.5pp · 2024: 73.0pp
- All cycles
- 2024: D+73.0 2020: D+76.6 2016: D+74.6 2012: D+76.4 2008: D+75.5
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -392.44%
- Current HPI
- 267.4569
- Rent YoY
- ▲ 4.65%
- 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 |
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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
+466.7% since first listed9 events — show timeline
- 2026-05-13 Price Changed $170,000 BRIGHT MLS
- 2026-04-23 Price Changed $175,000 BRIGHT MLS
- 2026-03-11 Price Changed $185,000 BRIGHT MLS
- 2025-12-11 Listed $199,900 BRIGHT MLS
- 2025-12-02 Coming Soon $199,900 BRIGHT MLS
- 2019-11-01 Sold (Public Records) $58,300 Public Records
- 2019-10-18 Sold (MLS) $58,300 BRIGHT MLS
- 2019-09-04 Pending — BRIGHT MLS
- 2019-08-05 Listed $30,000 BRIGHT MLS
Property tax history
-4.2%/yrLatest (2025): $2,061 · +2.6% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…