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1710 Landmark Dr Unit 1L
D Composite 41.52
Why this score? — see what drove the D 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 +11.1/30.0
  • ARV discount +9.7/15.0
  • 1% rule +5.6/10.0
  • Livability +4.1/5.0
  • DSCR +3.2/10.0
  • Schools +2.9/10.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$200,000

1710 Landmark Dr Unit 1L · Bel Air North, MD 21050
2 bd · 1.0 ba · 1,080 sqft · Condo · 75 Days on market
Built 1991 $185/sqft · at area comps Est $210k · at est. $367/mo HOA · 17% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome home to this move-in ready first floor condo at 1710 Landmark Drive, in the desirable Pond Condominium community, offering a perfect blend of worry-free living and access to the outdoors with lovely views of the pond and manicured grounds from your private patio, acres of walking trails at your doorstep and a covered picnic area for warm weather gatherings. Inside you will find a freshly painted, flowing layout with all new carpet, a spacious L-shaped living room with large windows overlooking the patio and pond, open dining room area on one side and multiple entry points to the eat-in kitchen, featuring tile floors, a full compliment of appliances and a sunny breakfast room with slider to the patio, perfect for relaxing with a morning beverage and casual mealtimes alike. Two generous bedrooms, a full bath and your own private laundry room with washer and dryer complete this well-maintained residence. Ideally located, you will love being within minutes to Rocks State Park, state forest and conservation areas, historic downtown Bel Air, the Maryland Golf and Country Club, and endless shopping and dining choices, plus easy access to Routes 1, 24, 40 and I-95 for quick commutes, access to Upper Chesapeake and major medical facilities, water sports and leisure on the Susquehanna and Bush Rivers, and much more!

Key facts

  • $367 HOA
  • 2 parking spots
  • Built 1991

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/1.0-bath condo listed at $200k.

Deal economics

  • At list price, monthly cash flow is $-82 ($-985/yr) — negative.
  • To cash-flow at today's rent, offer at most $188k (5.9% below list).
  • Meets the 1% rule at list price ($2k rent vs $200k).
  • Recommended offer: $188k (6.0% below list) — sets the bar for market timing.
  • Cap rate 5.8% vs local median 4.2% in Bel Air North — 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 82/100 on livability (#35 in MD, #1,269 nationally) — a professional / high-income tenant draw. Strengths: employment A+, housing A+, health & safety A+; Watch: crime C-, amenities C-, cost of living F.
  • Harford County Public Schools (suburban): math 22% / reading 39% proficiency, ranked #9 of 24 in MD (top 38%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Forest Lakes Elementary (math 29% / reading 32%, grade F, #196 of 860 statewide, top 23%, 428 students, 16% FRL); Bel Air Middle (math 16% / reading 52%, grade F, #51 of 225 statewide, top 23%, 1,138 students, 23% FRL); Bel Air High (math 73% / reading 71%, grade B+, #34 of 222 statewide, top 15%, 1,489 students, 22% FRL) — zoned schools at 20% FRL track the district average.
  • Zoned-school proficiency averages 46% at this address vs 30% district-wide (+15 pts) — the actual schools serving this property are materially stronger than the Harford County Public Schools average implies; a family-tenant draw the district grade alone would hide.
  • Market conditions: 78 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals at typical pace (median 14d on market — plan ~3-4 weeks tenant-placement turnaround); 803 units permitted in Harford County in 2024 (26 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 $6k of value loss. Plan a longer hold.

Negotiation context

  • It's been on market 75 days — a 6% lower offer ($188k) is reasonable based on typical stale-listing flexibility.
  • 6 sale attempts since 20y ago; this cycle's ask has dropped $20k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $130k; list at $200k implies a 54% gain — meaningful room to come down on a strong offer.
Recommended offer $188,000 (6.0% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. It's been on market 75 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  4. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
  5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  7. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
  8. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  9. 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.
  10. 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.
  11. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

1% rule
1.06%
Cap rate
5.80%
Cash-on-cash
-1.76%
DSCR
0.92
GRM
7.9

CMA / ARV

ARV (median comp)
$210,065
List price
$200,000
Delta
-4.79%
Verdict
FAIR
Comps
20 within 1.0 mi

Projected returns pro-forma

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

5-year hold
IRR
-19.0%
Equity multiple
0.33×
Total profit
$-37,380
Equity at exit
$29,821
10-year hold
IRR
-11.3%
Equity multiple
0.32×
Total profit
$-38,237
Equity at exit
$17,292

Cash invested: $56,000 (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.

ZIP-level market 21050

Home prices YoY
-31.5%
Active inventory
78
Price-to-rent
7.9×

Monthly cashflow live

Estimated rent
$2,110 high interval (Pro) →
Mortgage (P&I)
$1,049
Tax est. 1.5%
$250 /mo · $3,000/yr
Insurance
$83
HOA
$367
Vacancy / Maint / Mgmt
$443
Net cashflow
$-82

Break-even live

Break-even rent $2,214
Max offer price $188,120
Occupancy floor 99%

Sensitivity live

Price -10% $56 -5% $-13 +0% $-82 +5% $-151 +10% $-220
Rent -10% $-249 -5% $-165 +0% $-82 +5% $1 +10% $85
Rate -1.0pp $19 -0.5pp $-31 base $-82 +0.5pp $-134 +1.0pp $-187

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
$50,000
Closing costs
$6,000
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 5 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1610 Michelle Ct Forest Hill, MD 1.0–2.0 1.0–1.5 940 $1,930 $2.05 0d 15 0.24mi
114 Drexel Dr Bel Air, MD 3.0 1.5 1400 $3,000 $2.14 45d 1 0.53mi
218 Aster Ln Forest Hill, MD 2.0 1.0 1248 $1,600 $1.28 14d 1 0.68mi
407 Aggies Cir #4 Bel Air, MD 3.0 2.0 1120 $2,000 $1.79 6d 1 1.13mi
1302 Roman Ridge Way Bel Air, MD 3.0 2.0 1456 $2,250 $1.55 19d 1 1.23mi

HOA detail condo

Monthly dues
$367 · $4,404/yr
Likely covers
waterlandscaping
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 31 events

  1. 2026-06-21
    days on market $200,000 Active 75 DOM
  2. 2026-06-18
    days on market $200,000 Active 72 DOM
  3. 2026-06-17
    days on market $200,000 Active 71 DOM
  4. 2026-06-16
    days on market $200,000 Active 70 DOM
  5. 2026-06-15
    days on market $200,000 Active 69 DOM
  6. 2026-06-13
    days on market $200,000 Active 67 DOM
  7. 2026-06-10
    price $200,000 Active 63 DOM
  8. 2026-06-09
    days on market $205,000 Active 63 DOM
  9. 2026-06-08
    days on market $205,000 Active 62 DOM
  10. 2026-06-07
    days on market $205,000 Active 61 DOM
  11. 2026-06-04
    days on market $205,000 Active 58 DOM
  12. 2026-06-03
    days on market $205,000 Active 57 DOM
  13. 2026-06-02
    pricedays on market $205,000 Active 56 DOM
  14. 2026-06-01
    days on market $210,000 Active 55 DOM
  15. 2026-05-31
    days on market $210,000 Active 54 DOM
  16. 2026-05-18
    price $210,000 1335-char remark
    Show marketing remark (1335 chars)

    Welcome home to this move-in ready first floor condo at 1710 Landmark Drive, in the desirable Pond Condominium community, offering a perfect blend of worry-free living and access to the outdoors with lovely views of the pond and manicured grounds from your private patio, acres of walking trails at your doorstep and a covered picnic area for warm weather gatherings. Inside you will find a freshly painted, flowing layout with all new carpet, a spacious L-shaped living room with large windows overlooking the patio and pond, open dining room area on one side and multiple entry points to the eat-in kitchen, featuring tile floors, a full compliment of appliances and a sunny breakfast room with slider to the patio, perfect for relaxing with a morning beverage and casual mealtimes alike. Two generous bedrooms, a full bath and your own private laundry room with washer and dryer complete this well-maintained residence. Ideally located, you will love being within minutes to Rocks State Park, state forest and conservation areas, historic downtown Bel Air, the Maryland Golf and Country Club, and endless shopping and dining choices, plus easy access to Routes 1, 24, 40 and I-95 for quick commutes, access to Upper Chesapeake and major medical facilities, water sports and leisure on the Susquehanna and Bush Rivers, and much more!

  17. 2026-05-12
    price $215,000 1335-char remark
    Show marketing remark (1335 chars)

    Welcome home to this move-in ready first floor condo at 1710 Landmark Drive, in the desirable Pond Condominium community, offering a perfect blend of worry-free living and access to the outdoors with lovely views of the pond and manicured grounds from your private patio, acres of walking trails at your doorstep and a covered picnic area for warm weather gatherings. Inside you will find a freshly painted, flowing layout with all new carpet, a spacious L-shaped living room with large windows overlooking the patio and pond, open dining room area on one side and multiple entry points to the eat-in kitchen, featuring tile floors, a full compliment of appliances and a sunny breakfast room with slider to the patio, perfect for relaxing with a morning beverage and casual mealtimes alike. Two generous bedrooms, a full bath and your own private laundry room with washer and dryer complete this well-maintained residence. Ideally located, you will love being within minutes to Rocks State Park, state forest and conservation areas, historic downtown Bel Air, the Maryland Golf and Country Club, and endless shopping and dining choices, plus easy access to Routes 1, 24, 40 and I-95 for quick commutes, access to Upper Chesapeake and major medical facilities, water sports and leisure on the Susquehanna and Bush Rivers, and much more!

  18. 2026-04-28
    price $217,500 1335-char remark
    Show marketing remark (1335 chars)

    Welcome home to this move-in ready first floor condo at 1710 Landmark Drive, in the desirable Pond Condominium community, offering a perfect blend of worry-free living and access to the outdoors with lovely views of the pond and manicured grounds from your private patio, acres of walking trails at your doorstep and a covered picnic area for warm weather gatherings. Inside you will find a freshly painted, flowing layout with all new carpet, a spacious L-shaped living room with large windows overlooking the patio and pond, open dining room area on one side and multiple entry points to the eat-in kitchen, featuring tile floors, a full compliment of appliances and a sunny breakfast room with slider to the patio, perfect for relaxing with a morning beverage and casual mealtimes alike. Two generous bedrooms, a full bath and your own private laundry room with washer and dryer complete this well-maintained residence. Ideally located, you will love being within minutes to Rocks State Park, state forest and conservation areas, historic downtown Bel Air, the Maryland Golf and Country Club, and endless shopping and dining choices, plus easy access to Routes 1, 24, 40 and I-95 for quick commutes, access to Upper Chesapeake and major medical facilities, water sports and leisure on the Susquehanna and Bush Rivers, and much more!

  19. 2026-04-07
    listed $220,000 Active 1335-char remark
    Show marketing remark (1335 chars)

    Welcome home to this move-in ready first floor condo at 1710 Landmark Drive, in the desirable Pond Condominium community, offering a perfect blend of worry-free living and access to the outdoors with lovely views of the pond and manicured grounds from your private patio, acres of walking trails at your doorstep and a covered picnic area for warm weather gatherings. Inside you will find a freshly painted, flowing layout with all new carpet, a spacious L-shaped living room with large windows overlooking the patio and pond, open dining room area on one side and multiple entry points to the eat-in kitchen, featuring tile floors, a full compliment of appliances and a sunny breakfast room with slider to the patio, perfect for relaxing with a morning beverage and casual mealtimes alike. Two generous bedrooms, a full bath and your own private laundry room with washer and dryer complete this well-maintained residence. Ideally located, you will love being within minutes to Rocks State Park, state forest and conservation areas, historic downtown Bel Air, the Maryland Golf and Country Club, and endless shopping and dining choices, plus easy access to Routes 1, 24, 40 and I-95 for quick commutes, access to Upper Chesapeake and major medical facilities, water sports and leisure on the Susquehanna and Bush Rivers, and much more!

  20. 2013-07-19
    soldstatus $130,000 Sold 289-char remark
    Show marketing remark (289 chars)

    * * * * * * * GREAT LOCATION WITH FIRST FLOOR PATIO CONDO THAT BACKS TO THE POND * * * * * ! SIT AND WATCH THE WILDLIFE FROM YOUR PRIVATE PATIO OR WALK DOWN TO THE COVERED PICNIC AREA AND SIT! UNIT SHOWS NICE AND ALL APPLIANCES STAYS. LARGE WALK IN CLOSET. SEPARATE LAUNDRY ROOM.

  21. 2013-07-19
    soldstatus $130,000
    Show marketing remark (289 chars)

    * * * * * * * GREAT LOCATION WITH FIRST FLOOR PATIO CONDO THAT BACKS TO THE POND * * * * * ! SIT AND WATCH THE WILDLIFE FROM YOUR PRIVATE PATIO OR WALK DOWN TO THE COVERED PICNIC AREA AND SIT! UNIT SHOWS NICE AND ALL APPLIANCES STAYS. LARGE WALK IN CLOSET. SEPARATE LAUNDRY ROOM.

  22. 2013-05-23
    status Contingent (No Kick Out) 289-char remark
    Show marketing remark (289 chars)

    * * * * * * * GREAT LOCATION WITH FIRST FLOOR PATIO CONDO THAT BACKS TO THE POND * * * * * ! SIT AND WATCH THE WILDLIFE FROM YOUR PRIVATE PATIO OR WALK DOWN TO THE COVERED PICNIC AREA AND SIT! UNIT SHOWS NICE AND ALL APPLIANCES STAYS. LARGE WALK IN CLOSET. SEPARATE LAUNDRY ROOM.

  23. 2013-05-21
    historical
  24. 2013-05-09
    listed $137,217 Active 289-char remark
    Show marketing remark (289 chars)

    * * * * * * * GREAT LOCATION WITH FIRST FLOOR PATIO CONDO THAT BACKS TO THE POND * * * * * ! SIT AND WATCH THE WILDLIFE FROM YOUR PRIVATE PATIO OR WALK DOWN TO THE COVERED PICNIC AREA AND SIT! UNIT SHOWS NICE AND ALL APPLIANCES STAYS. LARGE WALK IN CLOSET. SEPARATE LAUNDRY ROOM.

  25. 2013-05-09
    listed $137,217
    Show marketing remark (289 chars)

    * * * * * * * GREAT LOCATION WITH FIRST FLOOR PATIO CONDO THAT BACKS TO THE POND * * * * * ! SIT AND WATCH THE WILDLIFE FROM YOUR PRIVATE PATIO OR WALK DOWN TO THE COVERED PICNIC AREA AND SIT! UNIT SHOWS NICE AND ALL APPLIANCES STAYS. LARGE WALK IN CLOSET. SEPARATE LAUNDRY ROOM.

  26. 2009-06-17
    historical
  27. 2009-06-17
    historical
  28. 2008-10-01
    listed
  29. 2008-09-30
    listed $175,000
  30. 2008-03-01
    historical
  31. 2006-12-19
    listed

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$25,322
− Mortgage interest
−$11,203
− Property taxes
−$3,000
− Insurance
−$1,000
− Repairs & maintenance
−$2,026
− Management
−$2,026
− HOA
−$4,404
− Depreciation
−$5,818
Taxable loss
−$4,154
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$997
After-tax cash flow
$12/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
Harford County Public Schools
NCES district ID
2400390
Math proficiency
22% ▼ -23.00%
Reading proficiency
39% ▼ -12.00%
Median HH income
$79,569
Composite
29.38/100
National rank
#6527
State rank
#9 of 24 in MD

Livability — Bel Air North

Score
82/100
State rank
#35
US rank
#1269

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Bel Air North, MD
Population (ZIP)
17,848

Population outlook (Harford County) Hauer SSP2

Today (2025)
262,292 people
By 2030
266,437 · +1.6%
By 2040
269,954 · +2.9%
By 2050
265,659 · +1.3%
By 2075
252,886 · -3.6%
By 2100
224,014 · -14.6%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (93%)
Race & ethnicity
White 93% Two or more races 4% Hispanic / Latino 1% Black 1% Asian 1%
Common ancestry
Romanian 7% Slovak 4% Lithuanian 2%
Foreign-born
3% · South Korea
Languages at home
95% English-only · Spanish 2% German/W. Germanic 1% Other Indo-European 1%

Political lean MEDSL · Harford

2024 margin
R (+13.8) · D 41.9% · R 55.7% · Other 2.4%
2008→2024 swing
+5.0pp toward D · 2008: -18.8pp · 2024: -13.8pp
All cycles
2024: R+13.8 2020: R+12.0 2016: R+24.5 2012: R+19.5 2008: R+18.8

Not yet ingested

Civics

Market trends

HPI YoY
▼ -115.38%
Current HPI
250.4308
Rent YoY
Metro
State GDP YoY
▲ 2.97%
F500 in state
12

Industry mix (Fortune 500 HQ in MD)

Industry F500 HQs Revenue

Price history

+20.0% since first listed
16 events — show timeline
  • 2026-05-18 Price Changed $210,000 BRIGHT MLS
  • 2026-05-12 Price Changed $215,000 BRIGHT MLS
  • 2026-04-28 Price Changed $217,500 BRIGHT MLS
  • 2026-04-07 Listed $220,000 BRIGHT MLS
  • 2013-07-19 Sold (MLS) $130,000 BRIGHT MLS
  • 2013-07-19 Sold (MLS) $130,000 MRIS
  • 2013-05-23 Pending MRIS
  • 2013-05-21 Listing Removed BRIGHT MLS
  • 2013-05-09 Listed $137,217 MRIS
  • 2013-05-09 Listed $137,217 BRIGHT MLS
  • 2009-06-17 Delisted MRIS
  • 2009-06-17 Listing Removed BRIGHT MLS
  • 2008-10-01 Listed MRIS
  • 2008-09-30 Listed $175,000 BRIGHT MLS
  • 2008-03-01 Delisted MRIS
  • 2006-12-19 Listed MRIS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…