224 / 226 Green St · Westernport, MD 21562

$100,000

4 bd · 2.0 ba · 1,976 sqft · Townhouse public records · 236 Days on market

Built 1913 5,000 sqft lot $51/sqft · 40% below area Est $168k · 40% 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 +27.2/30.0
• ARV discount +15.0/15.0
• DSCR +9.5/10.0
• 1% rule +6.9/10.0
• Appreciation +5.6/10.0
• Livability +3.5/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.9/10.0

Listing remarks MLS

Duplex opportunity! Purchase 2 homes for the price of one! 224 Green St offers 3 bedroom 1 bath. 226 Green St 1 bedroom 1 bath. brand nw furnace. Enjoy outdoor living with a covered front porch and back. Level grassy backyard features a built in stone fireplace. New a/c installed in both units in 2022

Key facts

• 5,000 sq ft lot
• Built 1913
• Listed 235 days

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath townhouse listed at $100k.

Deal economics

• At list price, monthly cash flow is $287 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $100k).
• Recommended offer: $88k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 69/100 on livability (#188 in MD) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime B; Watch: schools D, amenities F, commute F.
• Allegany County Public Schools (other): math 15% / reading 30% proficiency, ranked #18 of 24 in MD (top 75%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: 23 active listings in the ZIP; 24 units permitted in Allegany County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $2k of equity ($691 loan paydown + $1k appreciation (1.3% local appreciation)).
• Allegany County population projected at -14% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (1.3% appreciation + 3.0% rent growth), your $28k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 236 days — a 12% lower offer ($88k) is reasonable based on typical stale-listing flexibility.
• 12 sale attempts since 22y 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.
• Current owner paid $33k; list at $100k implies a 203% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1913 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $88,000 (12.0% below list)

Questions for the listing agent

1. It's been on market 236 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1913 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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.
7. 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.
8. 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: 1.19% ✓
• Cap rate: 9.74%
• Cash-on-cash: 12.32%
• DSCR: 1.55
• GRM: 7.0

CMA / ARV

• ARV (median comp): $167,599
• List price: $100,000
• Delta: -40.33%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 8 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
402 Maryland Ave	0.62mi	5/1.5 (+1)	1,902 (-4%)	10mo	$60,800	$32	50
419 Maryland Ave	0.60mi	5/1.0 (+1)	1,902 (-4%)	8mo	$52,000	$27	50
414 Maryland Ave	0.62mi	5/1.0 (+1)	1,902 (-4%)	13mo	$59,900	$31	45
309 Maryland Ave	0.59mi	4/1.5	1,708 (-14%)	9mo	$66,000	$39	40
406 Maryland Ave	0.62mi	5/1.0 (+1)	1,902 (-4%)	19mo	$60,000	$32	40
316 Maryland Ave	0.62mi	4/1.5	1,708 (-14%)	10mo	$52,900	$31	39
301 Maryland Ave	0.59mi	4/1.5	1,696 (-14%)	13mo	$35,000	$21	36
303 Maryland Ave	0.59mi	3/1.5 (-1)	1,708 (-14%)	9mo	$26,000	$15	36

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

1.28% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 14.9%
• Equity multiple: 1.77×
• Total profit: $21,569
• Equity at exit: $35,629

10-year hold

• IRR: 18.1%
• Equity multiple: 3.24×
• Total profit: $62,850
• Equity at exit: $48,523

Cash invested: $28,000 (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 21562

• Home prices YoY: 0.6%
• Active inventory: 23
• Price-to-rent: 7.0×

Monthly cashflow live

• Estimated rent: $1,188 medium
• Mortgage (P&I): −$524
• Tax from tax record: −$85 /mo · $1,018/yr
• Insurance: −$42
• HOA: −$0
• Vacancy / Maint / Mgmt: −$249
• Net cashflow: $287

Break-even live

Break-even rent $824

Max offer price $100,000

Occupancy floor 71%

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: $25,000
• Closing costs: $3,000
• Reserves months: —
• Total cash needed: —

Listing history 43 events

1. 2026-06-19
   days on market $100,000 Active 236 DOM
2. 2026-06-18
   days on market $100,000 Active 235 DOM
3. 2026-06-17
   days on market $100,000 Active 234 DOM
4. 2026-06-16
   days on market $100,000 Active 233 DOM
5. 2026-06-15
   days on market $100,000 Active 232 DOM
6. 2026-06-14
   days on market $100,000 Active 230 DOM
7. 2026-06-12
   days on market $100,000 Active 229 DOM
8. 2026-06-09
   days on market $100,000 Active 226 DOM
9. 2026-06-08
   days on market $100,000 Active 225 DOM
10. 2026-06-07
    days on market $100,000 Active 224 DOM
11. 2026-06-02
    days on market $100,000 Active 219 DOM
12. 2026-06-01
    days on market $100,000 Active 218 DOM
13. 2026-05-31
    days on market $100,000 Active 217 DOM
14. 2026-05-30
    days on market $100,000 Active 216 DOM
15. 2026-05-18
    price $100,000 304-char remark

    Show marketing remark (304 chars)

    Duplex opportunity! Purchase 2 homes for the price of one! 224 Green St offers 3 bedroom 1 bath. 226 Green St 1 bedroom 1 bath. brand nw furnace. Enjoy outdoor living with a covered front porch and back. Level grassy backyard features a built in stone fireplace. New a/c installed in both units in 2022

16. 2026-05-18
    price $100,000 304-char remark

    Show marketing remark (304 chars)

    Duplex opportunity! Purchase 2 homes for the price of one! 224 Green St offers 3 bedroom 1 bath. 226 Green St 1 bedroom 1 bath. brand nw furnace. Enjoy outdoor living with a covered front porch and back. Level grassy backyard features a built in stone fireplace. New a/c installed in both units in 2022

17. 2026-03-12
    status Active 304-char remark

    Show marketing remark (304 chars)

    Duplex opportunity! Purchase 2 homes for the price of one! 224 Green St offers 3 bedroom 1 bath. 226 Green St 1 bedroom 1 bath. brand nw furnace. Enjoy outdoor living with a covered front porch and back. Level grassy backyard features a built in stone fireplace. New a/c installed in both units in 2022

18. 2026-03-12
    status Active 304-char remark

    Show marketing remark (304 chars)

    Duplex opportunity! Purchase 2 homes for the price of one! 224 Green St offers 3 bedroom 1 bath. 226 Green St 1 bedroom 1 bath. brand nw furnace. Enjoy outdoor living with a covered front porch and back. Level grassy backyard features a built in stone fireplace. New a/c installed in both units in 2022

19. 2026-03-01
    historical Active Under Contract 304-char remark

    Show marketing remark (304 chars)

    Duplex opportunity! Purchase 2 homes for the price of one! 224 Green St offers 3 bedroom 1 bath. 226 Green St 1 bedroom 1 bath. brand nw furnace. Enjoy outdoor living with a covered front porch and back. Level grassy backyard features a built in stone fireplace. New a/c installed in both units in 2022

20. 2026-03-01
    historical Active Under Contract 304-char remark

    Show marketing remark (304 chars)

    Duplex opportunity! Purchase 2 homes for the price of one! 224 Green St offers 3 bedroom 1 bath. 226 Green St 1 bedroom 1 bath. brand nw furnace. Enjoy outdoor living with a covered front porch and back. Level grassy backyard features a built in stone fireplace. New a/c installed in both units in 2022

21. 2025-10-28
    listed $105,000 Active 304-char remark

    Show marketing remark (304 chars)

    Duplex opportunity! Purchase 2 homes for the price of one! 224 Green St offers 3 bedroom 1 bath. 226 Green St 1 bedroom 1 bath. brand nw furnace. Enjoy outdoor living with a covered front porch and back. Level grassy backyard features a built in stone fireplace. New a/c installed in both units in 2022

22. 2025-10-15
    listed $105,000 Active 304-char remark

    Show marketing remark (304 chars)

    Duplex opportunity! Purchase 2 homes for the price of one! 224 Green St offers 3 bedroom 1 bath. 226 Green St 1 bedroom 1 bath. brand nw furnace. Enjoy outdoor living with a covered front porch and back. Level grassy backyard features a built in stone fireplace. New a/c installed in both units in 2022

23. 2025-10-14
    historical $105,000 304-char remark

    Show marketing remark (304 chars)

    Duplex opportunity! Purchase 2 homes for the price of one! 224 Green St offers 3 bedroom 1 bath. 226 Green St 1 bedroom 1 bath. brand nw furnace. Enjoy outdoor living with a covered front porch and back. Level grassy backyard features a built in stone fireplace. New a/c installed in both units in 2022

24. 2019-01-05
    historical
25. 2019-01-05
    status Active
26. 2019-01-01
    historical
27. 2015-03-12
    listed $49,000 Active
28. 2015-01-12
    historical
29. 2015-01-12
    historical
30. 2014-10-10
    price
31. 2014-06-10
    price
32. 2014-01-13
    listed Active
33. 2014-01-13
    listed $49,900
34. 2013-11-03
    historical Expired
35. 2013-11-03
    historical
36. 2013-02-02
    status Active
37. 2013-01-17
    historical Temporarily Off-Market
38. 2013-01-17
    listed Active
39. 2013-01-16
    listed $61,000
40. 2005-11-04
    soldstatus $33,000
41. 2004-10-04
    historical
42. 2004-02-29
    listed $35,380
43. 1996-08-29
    soldstatus $35,000

ⓘ 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: $1,018 · $85/mo
• Projected year-2 tax: $1,054 · $88/mo
• Expected delta: +$36/yr (+$3/mo · 3.5%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 4/10 Moderate FEMA zone X (unshaded) · 20% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 4/10 Moderate 8 d/yr ≥94°F today · 21 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,253
• − Mortgage interest: −$5,602
• − Property taxes: −$1,018
• − Insurance: −$500
• − Repairs & maintenance: −$1,140
• − Management: −$1,140
• − Depreciation: −$2,909
• Taxable income: $1,944
• Est. tax owed @ 24.0%: −$467
• After-tax cash flow: $2,982/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: Allegany County Public Schools
• NCES district ID: 2400030
• Math proficiency: 15% ▼ -26.00%
• Reading proficiency: 30% ▼ -20.00%
• Median HH income: $39,760
• Composite: 18.95/100
• National rank: #8854
• State rank: #18 of 24 in MD

Livability — Westernport

• Score: 69/100
• State rank: #188
• US rank: #8479

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Westernport, MD
• Population (ZIP): 3,192

Population outlook (Allegany County) Hauer SSP2

• Today (2025): 68,778 people
• By 2030: 66,766 · -2.9%
• By 2040: 62,784 · -8.7%
• By 2050: 59,179 · -14.0%
• By 2075: 50,732 · -26.2%
• By 2100: 40,837 · -40.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (98%)
• Race & ethnicity: White 98% Hispanic / Latino 1%
• Common ancestry: Slovak 2% Iranian 2% Italian 1%
• Foreign-born: 0%

Political lean MEDSL · Allegany

• 2024 margin: Solid R (+40.3) · D 28.9% · R 69.2% · Other 2.0%
• 2008→2024 swing: -14.4pp toward R · 2008: -25.9pp · 2024: -40.3pp
• All cycles: 2024: R+40.3 2020: R+38.3 2016: R+48.0 2012: R+32.9 2008: R+25.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 1.28%
• Current HPI: 216.4044
• 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

+185.7% since first listed

29 events — show timeline

• 2026-05-18 Price Changed $100,000 BRIGHT MLS
• 2026-05-18 Price Changed $100,000 BRIGHT MLS
• 2026-03-12 Relisted — BRIGHT MLS
• 2026-03-12 Relisted — BRIGHT MLS
• 2026-03-01 Contingent — BRIGHT MLS
• 2026-03-01 Contingent — BRIGHT MLS
• 2025-10-28 Listed $105,000 BRIGHT MLS
• 2025-10-15 Listed $105,000 BRIGHT MLS
• 2025-10-14 Coming Soon $105,000 BRIGHT MLS
• 2019-01-05 Listing Removed — BRIGHT MLS
• 2019-01-05 Relisted — BRIGHT MLS
• 2019-01-01 Listing Removed — BRIGHT MLS
• 2015-03-12 Listed $49,000 BRIGHT MLS
• 2015-01-12 Delisted — MRIS
• 2015-01-12 Listing Removed — BRIGHT MLS
• 2014-10-10 Price Changed — MRIS
• 2014-06-10 Price Changed — MRIS
• 2014-01-13 Listed — MRIS
• 2014-01-13 Listed $49,900 BRIGHT MLS
• 2013-11-03 Delisted — MRIS
• 2013-11-03 Listing Removed — BRIGHT MLS
• 2013-02-02 Relisted — MRIS
• 2013-01-17 Delisted — MRIS
• 2013-01-17 Listed — MRIS
• 2013-01-16 Listed $61,000 BRIGHT MLS
• 2005-11-04 Sold (MLS) $33,000 MRIS
• 2004-10-04 Delisted — MRIS
• 2004-02-29 Listed $35,380 MRIS
• 1996-08-29 Sold (Public Records) $35,000 Public Records

Property tax history

+1.5%/yr

Latest (2025): $1,018 · +7.5% YoY. Source: county tax records.