7729 Charlesmont Rd · Dundalk, MD 21222

$249,900

3 bd · 1.0 ba · 1,314 sqft · Townhouse public records · 7 Days on market

Built 1961 1,800 sqft lot Est $201k · 24% over

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Why this score? — see what drove the F 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 +14.0/30.0
• DSCR +4.2/10.0
• Livability +4.2/5.0
• 1% rule +3.3/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.3/10.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

LOVELY INSIDE GROUP WITH PLENTY OF PARKING TO REAR. HOUSE BACKS UP TO A FIELD. HOME RECENTLY UPDATED WITH NEW WINDOWS, NEW PAINT, BEAUTIFUL HARDWOOD FLOORS THRU OUT. FLUSH IN BASEMENT. THIS IS A MUST SEE TO BELIEVE.

Key facts

• Brick exterior
• Wood floors
• Recessed lighting

Tags

• BRICK EXTERIOR
• FULLY FINISHED BASEMENT
• STAINLESS STEEL APPLIANCES
• AMPLE STORAGE
• RECESSED LIGHTING
• WOOD FLOORS

Property features AI

Finance

• Other: Total below-grade finished area: 234 (assessor); Above-grade finished area: 1,080 (assessor); Ownership interest: Ground Rent
• Financial info: Ground rent exists; paid semi-annually; Annual ground rent listed among income/expense items

Exterior

• Parking: On-street parking; Other parking
• Utilities: Public water; Public sewer; Electric cooling fuel; Natural gas heating and hot water
• Home design: Interior townhouse/rowhouse; Estimated year built; Property condition: Excellent
• Construction: Brick construction; Block foundation; Above-grade and below-grade structures
• Exterior features: Not in a federal flood zone; Water-oriented property on a canal

Interior

• Kitchen: Built-in microwave; Built-in range; Oven (single); Stove; Dishwasher; Refrigerator; Icemaker; Stainless steel appliances; Exhaust fan; Pantry / table space in kitchen
• Basement: Fully finished basement with outside entrance
• Bedrooms: Three bedrooms on the upper level
• Flooring: Carpet; Laminate plank; Wood floors
• Bathrooms: One full bathroom; One half bathroom
• Heating & cooling: Forced air heating (natural gas); Central air conditioning; Ceiling fan(s); Hot water heated by natural gas
• Interior features: Attic; Combination kitchen/dining; Floor plan - Traditional; Kitchen with table space; Pantry; Recessed lighting; Ceiling fan(s); Brick and block walls
• Laundry & utility: Washer; Dryer; Water heater

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath townhouse listed at $250k.

Deal economics

• At list price, monthly cash flow is $30 ($364/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $207k (17.1% below list).
• Recommended offer: $207k (17.1% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 85/100 on livability (#16 in MD, #510 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, housing A+; Watch: 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 soft (-0.1%/yr); 236 active listings in the ZIP; 35 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); 1,511 units permitted in Baltimore County in 2024 (643 in 5+ unit buildings).
• This rent runs 39% of the median local income ($64k/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 $2k of loan paydown is wiped out by about $7k 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

• Only 7 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 26y 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 $165k; list at $250k implies a 51% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 61% 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 $207,144 (17.1% below list)

Questions for the listing agent

1. Built in 1961 — 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 A-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?
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. 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?
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: 0.83% ✗
• Cap rate: 6.44%
• Cash-on-cash: 0.52%
• DSCR: 1.02
• GRM: 10.1

CMA / ARV

• ARV (on-the-fly): $201,042
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
7723 Charlesmont Rd	0.01mi	3/1.0	1,350 (+3%)	3mo	$172,000	$127	92
7719 Charlesmont Rd	0.02mi	2/1.0 (-1)	1,196 (-9%)	7mo	$195,000	$163	73
3125 Vulcan Rd	0.35mi	3/2.0	1,386 (+6%)	7mo	$205,000	$148	65
7842 Saint Boniface Ln	0.75mi	3/1.0	1,319 (+0%)	7mo	$170,000	$129	59
8055 Park Haven Rd	0.39mi	3/2.0	1,466 (+12%)	1mo	$175,000	$119	58
8146 Del Haven Rd	0.42mi	3/2.0	1,424 (+8%)	6mo	$227,900	$160	58
8142 Del Haven Rd	0.42mi	3/2.0	1,144 (-13%)	3mo	$171,000	$149	52
1617 Lynch Rd	0.66mi	3/2.0	1,272 (-3%)	11mo	$255,000	$200	50
8104 Mid Haven Rd	0.41mi	3/1.0	1,144 (-13%)	13mo	$206,000	$180	49
1611 Gray Haven Ct	0.55mi	3/1.5	1,440 (+10%)	10mo	$220,000	$153	48
8037 N Boundary Rd	0.54mi	3/2.0	1,216 (-8%)	13mo	$230,566	$190	48
7904 Saint Monica Dr	0.72mi	3/1.0	1,144 (-13%)	4mo	$130,000	$114	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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -18.7%
• Equity multiple: 0.36×
• Total profit: $-44,675
• Equity at exit: $37,261

10-year hold

• IRR: -18.1%
• Equity multiple: 0.14×
• Total profit: $-60,048
• Equity at exit: $21,607

Cash invested: $69,972 (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 21222

• Rents YoY: -0.1%
• Active inventory: 236
• Price-to-rent: 10.1×

Monthly cashflow live

• Estimated rent: $2,071 high
• Mortgage (P&I): −$1,311
• Tax from tax record: −$191 /mo · $2,298/yr
• Insurance: −$104
• HOA: −$0
• Vacancy / Maint / Mgmt: −$435
• Net cashflow: $30

Break-even live

Break-even rent $2,033

Max offer price $249,900

Occupancy floor 94%

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: $62,475
• Closing costs: $7,497
• Reserves months: —
• Total cash needed: —

Rent comps 35 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3413 Wallford Dr Dundalk, MD	3.0	2.0	1016	$2,000	$1.97	43d	1	0.17mi
3221 Wallford Dr Dundalk, MD	3.0	1.0	1008	$1,750	$1.74	3d	1	0.18mi
3221 Wallford Dr Unit 3221 Dundalk, MD	3.0	1.0	1008	$1,750	$1.74	5d	1	0.18mi
3314 Wallford Dr Dundalk, MD	3.0	1.0	1258	$1,850	$1.47	15d	1	0.20mi
3427 North Point Rd Dundalk, MD	3.0	1.0	1008	$2,250	$2.23	20d	1	0.23mi
3317 Belsford Ct Dundalk, MD	3.0	1.0	1258	$1,950	$1.55	11d	1	0.28mi
8146 Del Haven Rd Dundalk, MD	3.0	2.0	1424	$2,700	$1.90	16d	1	0.41mi
7412 Saint Patricia Ct Dundalk, MD	4.0	2.0	1024	$2,800	$2.73	18d	1	0.61mi
4004 St Monica Dr Unit 1 Dundalk, MD	3.0	1.0	1024	$1,895	$1.85	5d	1	0.63mi
4004 Saint Monica Dr Dundalk, MD	3.0	1.0	1024	$1,925	$1.88	5d	1	0.63mi
1760 Langport Ave Dundalk, MD	3.0	1.5	1600	$1,795	$1.12	43d	1	0.67mi
7 Robinson Ave Dundalk, MD	3.0	2.0	1100	$2,600	$2.36	43d	1	0.70mi
2711 Gray Manor Ct Unit NA Baltimore, MD	4.0	2.0	1570	$2,500	$1.59	24d	1	0.72mi
414 Westfield Rd Dundalk, MD	3.0	1.0	1024	$2,300	$2.25	43d	1	0.79mi
7860 Saint Claire Ln Dundalk, MD	3.0	2.0	1024	$2,200	$2.15	5d	1	0.81mi
7917 Wise Ave Dundalk, MD	2.0	1.5	1500	$2,500	$1.67	24d	1	0.82mi
7860 Saint Bridget Ln Dundalk, MD	4.0	1.0	1216	$2,300	$1.89	24d	1	0.86mi
7962 Kavanagh Rd Dundalk, MD	3.0	2.0	1024	$1,947	$1.90	15d	1	0.88mi
7930 Kavanagh Rd Dundalk, MD	3.0	1.0	1024	$2,195	$2.14	43d	1	0.90mi
11 Seabright Ave Dundalk, MD	3.0	1.0	948	$1,874	$1.98	15d	1	0.94mi
1930 Frames Rd Dundalk, MD	3.0	2.0	1152	$2,099	$1.82	5d	1	0.94mi
7863 Saint Fabian Ln Dundalk, MD	3.0	2.0	1424	$1,950	$1.37	5d	1	0.99mi
1964 Frames Rd Dundalk, MD	3.0	2.0	1528	$2,400	$1.57	43d	1	1.00mi
7851 Saint Fabian Ln Dundalk, MD	3.0	1.0	1024	$1,595	$1.56	43d	1	1.00mi
2020 Dineen Dr Dundalk, MD	3.0	1.5	1258	$1,850	$1.47	5d	1	1.04mi
1925 Jasmine Rd Dundalk, MD	3.0	1.5	1024	$1,825	$1.78	11d	1	1.06mi
7901 Stratman Rd Dundalk, MD	3.0	1.0	890	$1,647	$1.85	2d	1	1.11mi
2004 Larkhall Rd Dundalk, MD	3.0	1.0	1024	$1,500	$1.46	43d	1	1.15mi
2025 Kelmore Rd Unit 1 Dundalk, MD	3.0	1.0	1024	$2,000	$1.95	43d	1	1.17mi
2032 Kelmore Rd Dundalk, MD	3.0	1.0	1024	$1,700	$1.66	43d	1	1.17mi
1907 Penhall Rd Dundalk, MD	3.0	2.0	1536	$2,300	$1.50	24d	1	1.22mi
7508 Ives Ln Dundalk, MD	2.0	1.0	896	$1,750	$1.95	43d	1	1.25mi
8499 Lynch Rd Dundalk, MD	1.0–3.0	1.0–2.0	950	$2,202	$2.32	1d	32	1.37mi
849 Loalan Ave Dundalk, MD	3.0	1.5	1024	$1,850	$1.81	15d	1	1.44mi
1915 Merritt Blvd Dundalk, MD	3.0	2.0	1208	$2,500	$2.07	43d	1	1.49mi

Listing history 6 events

1. 2026-06-18
   days on market $249,900 Active 7 DOM
2. 2026-06-17
   days on market $249,900 Active 6 DOM
3. 2026-06-16
   days on market $249,900 Active 5 DOM
4. 2026-06-15
   days on market $249,900 Active 4 DOM
5. 2026-06-13
   remarks 699-char remark
6. 2026-06-13
   listed $249,900 Active 2 DOM

ⓘ 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: $2,298 · $191/mo
• Projected year-2 tax: $2,511 · $209/mo
• Expected delta: +$213/yr (+$18/mo · 9.3%)

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

Climate risk First Street

• 🌊 Flood 3/10 Moderate FEMA zone X (unshaded) · 10% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 8/10 Severe 7 d/yr ≥103°F today · 15 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 61% chance of damaging wind over 30 yrs
• 🫁 Air quality 5/10 Major 6 unhealthy d/yr today · 8 by 30 yrs out

Taxation est. · year 1

• Rental income: $24,857
• − Mortgage interest: −$13,998
• − Property taxes: −$2,298
• − Insurance: −$1,250
• − Repairs & maintenance: −$1,989
• − Management: −$1,989
• − Depreciation: −$7,270
• Taxable loss: −$3,935
• Est. tax savings @ 24.0%: +$944
• After-tax cash flow: $1,309/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 — Dundalk

• Score: 85/100
• State rank: #16
• US rank: #510

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Dundalk, MD
• County: Baltimore County · 769,527 people
• City population: 59,407
• Metro: Baltimore-Columbia-Towson, MD
• Population (ZIP): 59,407
• Household income: $64,141
• Rent vs Own: 35.1% rent · 64.9% own
• Severe rent burden: 2566.0

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 59% Black 18% Hispanic / Latino 15% Two or more races 7% Asian 2% Native American 1%
• Hispanic origin (detail): Mexican 3% Puerto Rican 2%
• Common ancestry: Romanian 7% Lithuanian 1% Italian 1%
• Foreign-born: 9% · Canada
• Languages at home: 85% English-only · Spanish 11% Other Indo-European 2% Arabic 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: ▼ -251.44%
• Current HPI: 228.4218
• Rent YoY: ▼ -0.09%
• 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

+524.8% since first listed

8 events — show timeline

• 2026-06-11 Listed $249,900 BRIGHT MLS
• 2007-10-31 Sold (Public Records) $165,000 Public Records
• 2007-07-12 Sold (MLS) $165,000 MRIS
• 2007-05-29 Delisted — MRIS
• 2007-04-05 Listed $175,900 MRIS
• 2000-08-29 Delisted — MRIS
• 2000-02-23 Listed — MRIS
• 1982-10-29 Sold (Public Records) $40,000 Public Records

Property tax history

+1.7%/yr

Latest (2025): $2,298 · -1.1% YoY. Source: county tax records.