344 Savannah Rd · Essex, 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 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 5/10 · Moderate
- Unhealthy air days now
- 6 days/yr
- Unhealthy air days in 30 yrs
- 8 days/yr
Risk factors via First Street. Map © Google.
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 +24.5/30.0
- ARV discount +15.0/15.0
- DSCR +7.9/10.0
- 1% rule +6.7/10.0
- 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
$189,900
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
KICK OFF 2026 WITH A SMART INVESTMENT — this 3‑BEDROOM ESSEX HOME is BURSTING WITH POTENTIAL and now REDUCED BY $5K! Whether you're reselling, or expanding your rental portfolio, this REHAB OPPORTUNITY is a value-add project you won’t want to miss. The MAIN LEVEL features 2 BEDROOMS and 1 FULL BATH, 1 BEDROOM UPSTAIRS, plus a BONUS FOUR‑SEASON ROOM offering added flexibility. The OPEN CONCEPT LAYOUT provides a great foundation to modernize, while the COVERED FRONT PORCH adds charm and curb appeal. Outside, enjoy a FENCED YARD with a SHED and ABOVE GROUND POOL (AS‑IS) — a great setup for future enjoyment or rental appeal. A TWO‑CAR DRIVEWAY adds convenience, all situated on a NICE LOT with room to grow. Enjoy easy access to WATERVIEW TOWN CENTER, COUNTRY RIDGE SHOPPING CENTER, and local favorites like Buon Appetito, Essex Diner, and Schultz’s Crab House. Parks, marinas, and waterfront recreation along the Back and Middle Rivers are just minutes away. PRICED TO MOVE — bring your contractor and reimagine the possibilities for this Essex gem today!
Key facts
- Covered front porch
- Inground pool
- Fenced backyard
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath single-family listed at $190k.
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 $190k).
- Recommended offer: $167k (12.0% below list) — sets the bar for market timing.
- Cap rate 8.7% vs local median 4.8% 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+, schools 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.
- Market conditions: Rents rising (+1.1%/yr); 138 active listings in the ZIP; 12 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 67% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,511 units permitted in Baltimore County in 2024 (643 in 5+ unit buildings).
- This rent runs 40% 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 $1k of loan paydown is wiped out by about $6k 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
- It's been on market 168 days — a 12% lower offer ($167k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts; this cycle's ask has dropped $30k (14%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $47k; list at $190k implies a 304% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1915 — 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 168 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1915 — 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
- 1.17% ✓
- Cap rate
- 8.75%
- Cash-on-cash
- 8.77%
- DSCR
- 1.39
- GRM
- 7.1
CMA / ARV
- ARV (median comp)
- $285,201
- List price
- $189,900
- Delta
- -33.42%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 10 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 607 Mace Ave | 0.14mi | 3/2.0 | 1,200 (+1%) | 19mo | $279,500 | $233 | 73 |
| 354 Savannah Rd | 0.06mi | 2/1.5 (-1) | 1,200 (+1%) | 23mo | $265,000 | $221 | 70 |
| 314 Savannah Rd | 0.16mi | 3/2.0 | 1,099 (-8%) | 8mo | $325,000 | $296 | 69 |
| 503 N Stuart St | 0.37mi | 3/2.0 | 1,124 (-6%) | 10mo | $285,000 | $254 | 61 |
| 348 Townsend Rd | 0.26mi | 3/2.5 | 1,256 (+5%) | 15mo | $350,000 | $279 | 60 |
| 355 Montrose Ave | 0.26mi | 3/2.0 | 1,044 (-12%) | 10mo | $310,000 | $297 | 55 |
| 415 Beck | 0.31mi | 3/2.5 | 1,248 (+5%) | 24mo | $320,000 | $256 | 52 |
| 107 Margaret Ave | 0.59mi | 3/2.0 | 1,292 (+8%) | 13mo | $175,000 | $135 | 44 |
| 204 Wagners Ln | 0.75mi | 3/2.0 | 1,118 (-6%) | 10mo | $295,000 | $264 | 42 |
| 411 Maryland Ave | 0.64mi | 3/1.5 | 1,299 (+9%) | 13mo | $255,000 | $196 | 42 |
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
- IRR
- -5.2%
- Equity multiple
- 0.81×
- Total profit
- $-10,169
- Equity at exit
- $28,315
- IRR
- 1.9%
- Equity multiple
- 1.13×
- Total profit
- $6,666
- Equity at exit
- $16,419
Cash invested: $53,172 (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 21221
- Rents YoY
- 1.1%
- Active inventory
- 138
- Price-to-rent
- 7.1×
Monthly cashflow live
- Estimated rent
- $2,219 high interval (Pro) →
- Mortgage (P&I)
- −$996
- Tax from tax record
- −$290 /mo · $3,474/yr
- Insurance
- −$79
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$466
- Net cashflow
- $389
Break-even live
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
- $47,475
- Closing costs
- $5,697
- 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 12 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 511 Riverside Rd Essex, MD | 3.0 | 2.0 | 1332 | $2,700 | $2.03 | 16d | 1 | 0.30mi |
| 165 Hampshire Rd Essex, MD | 3.0 | 2.0 | 969 | $1,895 | $1.96 | 43d | 1 | 0.51mi |
| 340 Potomac Ave Rosedale, MD | 2.0 | 2.5 | 1500 | $1,995 | $1.33 | 43d | 1 | 0.92mi |
| 846 Brunswick Rd Essex, MD | 1.0–2.0 | 1.0–2.0 | 500 | $1,241 | $2.48 | 2d | 49 | 0.93mi |
| 846 Brunswick Rd Essex, MD | 2.0 | 1.0 | 500 | $1,272 | $2.54 | 43d | 42 | 0.93mi |
| 406 Essexwood Ct Essex, MD | 3.0 | 2.5 | 1280 | $2,400 | $1.88 | 43d | 1 | 1.05mi |
| 4 Essex Ave Unit A Essex, MD | 2.0 | 1.0 | 800 | $1,250 | $1.56 | 23d | 1 | 1.12mi |
| 326 Stemmers Run Rd Essex, MD | 4.0 | 2.0 | 1144 | $2,300 | $2.01 | 43d | 1 | 1.23mi |
| 421 Torner Rd Essex, MD | 3.0 | 2.0 | 1024 | $2,050 | $2.00 | 21d | 1 | 1.23mi |
| 54 Stemmers Run Rd Essex, MD | 3.0 | 2.5 | 1260 | $1,950 | $1.55 | 43d | 1 | 1.33mi |
| 8908 Golden Tree Ln Essex, MD | 4.0 | 1.5 | 1466 | $3,000 | $2.05 | 43d | 1 | 1.34mi |
| 832 N Marlyn Ave Essex, MD | 3.0 | 2.0 | 1416 | $2,300 | $1.62 | 43d | 1 | 1.36mi |
Listing history 15 events
-
2026-06-15status $189,900 Pending 168 DOM
-
2026-06-13days on market $189,900 Active 168 DOM
-
2026-06-09days on market $189,900 Active 164 DOM
-
2026-06-08days on market $189,900 Active 163 DOM
-
2026-06-07remarks 699-char remark
-
2026-06-07statusdays on market $189,900 Active 162 DOM
-
2026-05-03price $189,900 1090-char remark
Show marketing remark (1090 chars)
KICK OFF 2026 WITH A SMART INVESTMENT — this 3‑BEDROOM ESSEX HOME is BURSTING WITH POTENTIAL and now REDUCED BY $5K! Whether you're reselling, or expanding your rental portfolio, this REHAB OPPORTUNITY is a value-add project you won’t want to miss. The MAIN LEVEL features 2 BEDROOMS and 1 FULL BATH, 1 BEDROOM UPSTAIRS, plus a BONUS FOUR‑SEASON ROOM offering added flexibility. The OPEN CONCEPT LAYOUT provides a great foundation to modernize, while the COVERED FRONT PORCH adds charm and curb appeal. Outside, enjoy a FENCED YARD with a SHED and ABOVE GROUND POOL (AS‑IS) — a great setup for future enjoyment or rental appeal. A TWO‑CAR DRIVEWAY adds convenience, all situated on a NICE LOT with room to grow. Enjoy easy access to WATERVIEW TOWN CENTER, COUNTRY RIDGE SHOPPING CENTER, and local favorites like Buon Appetito, Essex Diner, and Schultz’s Crab House. Parks, marinas, and waterfront recreation along the Back and Middle Rivers are just minutes away. PRICED TO MOVE — bring your contractor and reimagine the possibilities for this Essex gem today!
-
2026-04-07price $194,900 1090-char remark
Show marketing remark (1090 chars)
KICK OFF 2026 WITH A SMART INVESTMENT — this 3‑BEDROOM ESSEX HOME is BURSTING WITH POTENTIAL and now REDUCED BY $5K! Whether you're reselling, or expanding your rental portfolio, this REHAB OPPORTUNITY is a value-add project you won’t want to miss. The MAIN LEVEL features 2 BEDROOMS and 1 FULL BATH, 1 BEDROOM UPSTAIRS, plus a BONUS FOUR‑SEASON ROOM offering added flexibility. The OPEN CONCEPT LAYOUT provides a great foundation to modernize, while the COVERED FRONT PORCH adds charm and curb appeal. Outside, enjoy a FENCED YARD with a SHED and ABOVE GROUND POOL (AS‑IS) — a great setup for future enjoyment or rental appeal. A TWO‑CAR DRIVEWAY adds convenience, all situated on a NICE LOT with room to grow. Enjoy easy access to WATERVIEW TOWN CENTER, COUNTRY RIDGE SHOPPING CENTER, and local favorites like Buon Appetito, Essex Diner, and Schultz’s Crab House. Parks, marinas, and waterfront recreation along the Back and Middle Rivers are just minutes away. PRICED TO MOVE — bring your contractor and reimagine the possibilities for this Essex gem today!
-
2026-03-28status Active 1090-char remark
Show marketing remark (1090 chars)
KICK OFF 2026 WITH A SMART INVESTMENT — this 3‑BEDROOM ESSEX HOME is BURSTING WITH POTENTIAL and now REDUCED BY $5K! Whether you're reselling, or expanding your rental portfolio, this REHAB OPPORTUNITY is a value-add project you won’t want to miss. The MAIN LEVEL features 2 BEDROOMS and 1 FULL BATH, 1 BEDROOM UPSTAIRS, plus a BONUS FOUR‑SEASON ROOM offering added flexibility. The OPEN CONCEPT LAYOUT provides a great foundation to modernize, while the COVERED FRONT PORCH adds charm and curb appeal. Outside, enjoy a FENCED YARD with a SHED and ABOVE GROUND POOL (AS‑IS) — a great setup for future enjoyment or rental appeal. A TWO‑CAR DRIVEWAY adds convenience, all situated on a NICE LOT with room to grow. Enjoy easy access to WATERVIEW TOWN CENTER, COUNTRY RIDGE SHOPPING CENTER, and local favorites like Buon Appetito, Essex Diner, and Schultz’s Crab House. Parks, marinas, and waterfront recreation along the Back and Middle Rivers are just minutes away. PRICED TO MOVE — bring your contractor and reimagine the possibilities for this Essex gem today!
-
2026-03-27historical 1090-char remark
Show marketing remark (1090 chars)
KICK OFF 2026 WITH A SMART INVESTMENT — this 3‑BEDROOM ESSEX HOME is BURSTING WITH POTENTIAL and now REDUCED BY $5K! Whether you're reselling, or expanding your rental portfolio, this REHAB OPPORTUNITY is a value-add project you won’t want to miss. The MAIN LEVEL features 2 BEDROOMS and 1 FULL BATH, 1 BEDROOM UPSTAIRS, plus a BONUS FOUR‑SEASON ROOM offering added flexibility. The OPEN CONCEPT LAYOUT provides a great foundation to modernize, while the COVERED FRONT PORCH adds charm and curb appeal. Outside, enjoy a FENCED YARD with a SHED and ABOVE GROUND POOL (AS‑IS) — a great setup for future enjoyment or rental appeal. A TWO‑CAR DRIVEWAY adds convenience, all situated on a NICE LOT with room to grow. Enjoy easy access to WATERVIEW TOWN CENTER, COUNTRY RIDGE SHOPPING CENTER, and local favorites like Buon Appetito, Essex Diner, and Schultz’s Crab House. Parks, marinas, and waterfront recreation along the Back and Middle Rivers are just minutes away. PRICED TO MOVE — bring your contractor and reimagine the possibilities for this Essex gem today!
-
2026-02-28price $199,900 1090-char remark
Show marketing remark (1090 chars)
KICK OFF 2026 WITH A SMART INVESTMENT — this 3‑BEDROOM ESSEX HOME is BURSTING WITH POTENTIAL and now REDUCED BY $5K! Whether you're reselling, or expanding your rental portfolio, this REHAB OPPORTUNITY is a value-add project you won’t want to miss. The MAIN LEVEL features 2 BEDROOMS and 1 FULL BATH, 1 BEDROOM UPSTAIRS, plus a BONUS FOUR‑SEASON ROOM offering added flexibility. The OPEN CONCEPT LAYOUT provides a great foundation to modernize, while the COVERED FRONT PORCH adds charm and curb appeal. Outside, enjoy a FENCED YARD with a SHED and ABOVE GROUND POOL (AS‑IS) — a great setup for future enjoyment or rental appeal. A TWO‑CAR DRIVEWAY adds convenience, all situated on a NICE LOT with room to grow. Enjoy easy access to WATERVIEW TOWN CENTER, COUNTRY RIDGE SHOPPING CENTER, and local favorites like Buon Appetito, Essex Diner, and Schultz’s Crab House. Parks, marinas, and waterfront recreation along the Back and Middle Rivers are just minutes away. PRICED TO MOVE — bring your contractor and reimagine the possibilities for this Essex gem today!
-
2026-02-14price $204,900 1090-char remark
Show marketing remark (1090 chars)
KICK OFF 2026 WITH A SMART INVESTMENT — this 3‑BEDROOM ESSEX HOME is BURSTING WITH POTENTIAL and now REDUCED BY $5K! Whether you're reselling, or expanding your rental portfolio, this REHAB OPPORTUNITY is a value-add project you won’t want to miss. The MAIN LEVEL features 2 BEDROOMS and 1 FULL BATH, 1 BEDROOM UPSTAIRS, plus a BONUS FOUR‑SEASON ROOM offering added flexibility. The OPEN CONCEPT LAYOUT provides a great foundation to modernize, while the COVERED FRONT PORCH adds charm and curb appeal. Outside, enjoy a FENCED YARD with a SHED and ABOVE GROUND POOL (AS‑IS) — a great setup for future enjoyment or rental appeal. A TWO‑CAR DRIVEWAY adds convenience, all situated on a NICE LOT with room to grow. Enjoy easy access to WATERVIEW TOWN CENTER, COUNTRY RIDGE SHOPPING CENTER, and local favorites like Buon Appetito, Essex Diner, and Schultz’s Crab House. Parks, marinas, and waterfront recreation along the Back and Middle Rivers are just minutes away. PRICED TO MOVE — bring your contractor and reimagine the possibilities for this Essex gem today!
-
2026-01-13price $214,900 1090-char remark
Show marketing remark (1090 chars)
KICK OFF 2026 WITH A SMART INVESTMENT — this 3‑BEDROOM ESSEX HOME is BURSTING WITH POTENTIAL and now REDUCED BY $5K! Whether you're reselling, or expanding your rental portfolio, this REHAB OPPORTUNITY is a value-add project you won’t want to miss. The MAIN LEVEL features 2 BEDROOMS and 1 FULL BATH, 1 BEDROOM UPSTAIRS, plus a BONUS FOUR‑SEASON ROOM offering added flexibility. The OPEN CONCEPT LAYOUT provides a great foundation to modernize, while the COVERED FRONT PORCH adds charm and curb appeal. Outside, enjoy a FENCED YARD with a SHED and ABOVE GROUND POOL (AS‑IS) — a great setup for future enjoyment or rental appeal. A TWO‑CAR DRIVEWAY adds convenience, all situated on a NICE LOT with room to grow. Enjoy easy access to WATERVIEW TOWN CENTER, COUNTRY RIDGE SHOPPING CENTER, and local favorites like Buon Appetito, Essex Diner, and Schultz’s Crab House. Parks, marinas, and waterfront recreation along the Back and Middle Rivers are just minutes away. PRICED TO MOVE — bring your contractor and reimagine the possibilities for this Essex gem today!
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2025-12-16$219,900 Active 1090-char remark
Show marketing remark (1090 chars)
KICK OFF 2026 WITH A SMART INVESTMENT — this 3‑BEDROOM ESSEX HOME is BURSTING WITH POTENTIAL and now REDUCED BY $5K! Whether you're reselling, or expanding your rental portfolio, this REHAB OPPORTUNITY is a value-add project you won’t want to miss. The MAIN LEVEL features 2 BEDROOMS and 1 FULL BATH, 1 BEDROOM UPSTAIRS, plus a BONUS FOUR‑SEASON ROOM offering added flexibility. The OPEN CONCEPT LAYOUT provides a great foundation to modernize, while the COVERED FRONT PORCH adds charm and curb appeal. Outside, enjoy a FENCED YARD with a SHED and ABOVE GROUND POOL (AS‑IS) — a great setup for future enjoyment or rental appeal. A TWO‑CAR DRIVEWAY adds convenience, all situated on a NICE LOT with room to grow. Enjoy easy access to WATERVIEW TOWN CENTER, COUNTRY RIDGE SHOPPING CENTER, and local favorites like Buon Appetito, Essex Diner, and Schultz’s Crab House. Parks, marinas, and waterfront recreation along the Back and Middle Rivers are just minutes away. PRICED TO MOVE — bring your contractor and reimagine the possibilities for this Essex gem today!
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1985-06-17soldstatus $47,000
ⓘ 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
- $3,474 · $290/mo
- Projected year-2 tax
- $3,474 · $290/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 5/10 Major 6 unhealthy d/yr today · 8 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
- $26,628
- − Mortgage interest
- −$10,637
- − Property taxes
- −$3,474
- − Insurance
- −$950
- − Repairs & maintenance
- −$2,130
- − Management
- −$2,130
- − Depreciation
- −$5,524
- Taxable income
- $1,782
- Est. tax owed @ 24.0%
- −$428
- After-tax cash flow
- $4,234/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
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
- 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
+304.0% since first listed9 events — show timeline
- 2026-05-03 Price Changed $189,900 BRIGHT MLS
- 2026-04-07 Price Changed $194,900 BRIGHT MLS
- 2026-03-28 Relisted — BRIGHT MLS
- 2026-03-27 Listing Removed — BRIGHT MLS
- 2026-02-28 Price Changed $199,900 BRIGHT MLS
- 2026-02-14 Price Changed $204,900 BRIGHT MLS
- 2026-01-13 Price Changed $214,900 BRIGHT MLS
- 2025-12-16 Listed $219,900 BRIGHT MLS
- 1985-06-17 Sold (Public Records) $47,000 Public Records
Property tax history
+8.2%/yrLatest (2025): $3,474 · -20.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…