59 Moyer Dr · Aberdeen, MD 21001

$249,900

3 bd · 1.0 ba · 1,224 sqft · SingleFamily public records · 12 Days on market

Built 1950 6,700 sqft lot $204/sqft · 6% below area Est $267k · 6% under

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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 +12.4/30.0
• ARV discount +10.3/15.0
• Livability +4.0/5.0
• DSCR +3.7/10.0
• Schools +2.9/10.0
• 1% rule +2.6/10.0
• Rent growth +2.6/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Charming and full of potential! This adorable ranch-style home offers a fantastic opportunity for first-time home buyers, downsizers or investors looking to add their personal touch. Currently featuring 2 bedrooms, the home was originally a 3 bedroom and included a sewing room that could easily be converted back to a third bedroom. Enjoy convenient one-level living, a detached garage, spacious driveway, and a lovely yard. The charm of the enclosed back porch is perfect for relaxing, family dinners, hobbies or additional living space. Full of character and great possibilities, this well-loved home is ready for its next chapter!

Key facts

• 6,700 sq ft lot
• Garage
• Built 1950

Property features AI

Exterior

• Parking: Detached garage (front and side entry); One garage space; Four driveway spaces; On-street parking available; Paved driveway; Total of five parking spaces
• Utilities: Public water; Private sewer; Cable TV available; Municipal trash not provided
• Home design: Detached property; Building not winterized; Property in good condition; Fee simple ownership
• Construction: Aluminum and vinyl siding; Block foundation; Composite shingle roof; Garage structure present; Year built information from assessor
• Exterior features: Chain link fencing; Not in a federal flood zone; No tidal water

Interior

• Kitchen: Refrigerator included
• Bedrooms: Three main-level bedrooms; Room list includes living room, bedroom 1, bedroom 2, bedroom 3, kitchen, sun/florida room, bathroom
• Flooring: Carpet; Concrete; Vinyl
• Bathrooms: One full bathroom (main level)
• Heating & cooling: Forced air heating with natural gas; Heat pump with gas backup; Central air conditioning (central A/C); Natural gas hot water
• Interior features: Family room off the kitchen; Tub with shower; Storm door; Drywall and paneled walls
• Laundry & utility: Washer and dryer on the main floor

What this means for you Summary

Snapshot

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

Deal economics

• At list price, monthly cash flow is $-40 ($-484/yr) — negative.
• To cash-flow at today's rent, offer at most $243k (2.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $189k (24.4% below list).
• Recommended offer: $189k (24.4% below list) — sets the bar for 1% rule.
• Cap rate 6.1% vs local median 4.9% in Aberdeen — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 81/100 on livability (#42 in MD, #1,545 nationally) — a professional / high-income tenant draw. Strengths: commute A+, housing A+, health & safety A+; Watch: schools C-, crime 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.
• Market conditions: Rents flat; 186 active listings in the ZIP; 16 comparable units currently listed for rent nearby; rentals leasing fast (median 5d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 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 $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.

Negotiation context

• Only 12 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: built in 1950 — 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.

Recommended offer $188,803 (24.4% 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. Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 0.76% ✗
• Cap rate: 6.10%
• Cash-on-cash: -0.69%
• DSCR: 0.97
• GRM: 11.0

CMA / ARV

• ARV (median comp): $266,536
• List price: $249,900
• Delta: -6.24%
• 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
36 Moyer Dr	0.06mi	3/1.0	1,226 (+0%)	9mo	$269,900	$220	89
7 Alton St	0.23mi	3/1.0	1,320 (+8%)	9mo	$230,000	$174	69
647 Elm St	0.30mi	2/2.0 (-1)	1,268 (+4%)	3mo	$310,000	$244	69
438 Chestnut St	0.41mi	3/2.0	1,268 (+4%)	5mo	$340,000	$268	67
303 Graceford Dr	0.45mi	3/1.5	1,362 (+11%)	3mo	$299,000	$220	55
217 Graceford Dr	0.35mi	3/1.5	1,362 (+11%)	11mo	$305,000	$224	54
439 Washington St	0.65mi	3/2.0	1,164 (-5%)	8mo	$250,000	$215	50
426 Bonnett St	0.66mi	3/1.0	1,168 (-5%)	14mo	$238,000	$204	50
61 Baker St	0.60mi	4/2.0 (+1)	1,304 (+6%)	9mo	$325,000	$249	45
45 Mount Royal Ave	0.66mi	2/1.0 (-1)	1,080 (-12%)	1mo	$236,000	$219	44
435 Edmund St	0.74mi	4/1.5 (+1)	1,284 (+5%)	14mo	$121,900	$95	38
327 Roberts Way	0.59mi	3/2.0	1,361 (+11%)	16mo	$364,500	$268	37

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 · 0.28% rent growth · sell at horizon

5-year hold

• IRR: -20.2%
• Equity multiple: 0.31×
• Total profit: $-48,187
• Equity at exit: $37,261

10-year hold

• IRR: -19.7%
• Equity multiple: 0.07×
• Total profit: $-65,190
• 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 21001

• Home prices YoY: -30.5%
• Rents YoY: 0.3%
• Active inventory: 186
• Price-to-rent: 11.0×

Monthly cashflow live

• Estimated rent: $1,888 high
• Mortgage (P&I): −$1,311
• Tax from tax record: −$117 /mo · $1,407/yr
• Insurance: −$104
• HOA: −$0
• Vacancy / Maint / Mgmt: −$396
• Net cashflow: $-40

Break-even live

Break-even rent $1,939

Max offer price $242,770

Occupancy floor 97%

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 16 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
15 Grant St Aberdeen, MD	2.0	1.0	850	$1,435	$1.69	43d	1	0.29mi
514 W Bel Air Ave Unit 2 Aberdeen, MD	2.0	1.0	750	$1,295	$1.73	17d	1	0.33mi
980 Middelton Rd Aberdeen, MD	1.0–3.0	1.0–2.0	1017	$2,435	$2.39	1d	12	0.34mi
731 W Bel Air Ave Aberdeen, MD	1.0–2.0	1.0–2.0	950	$1,495	$1.57	1d	1	0.37mi
417 Oak St Aberdeen, MD	3.0	1.0	1268	$1,500	$1.18	43d	1	0.43mi
470 Washington St Aberdeen, MD	3.0	1.5	1445	$2,200	$1.52	4d	1	0.61mi
686 Holly Cir Aberdeen, MD	2.0–3.0	1.0	1150	$1,600	$1.39	1d	1	0.67mi
114 S Parke St Apt A Aberdeen, MD	2.0	1.5	825	$1,400	$1.70	43d	1	0.84mi
300 Stevens Cir Aberdeen, MD	2.0–3.0	1.0	1150	$1,999	$1.74	1d	6	0.85mi
104 S Parke St Aberdeen, MD	3.0	1.5	900	$1,700	$1.89	23d	1	0.85mi
309 S Parke St Aberdeen, MD	1.0–2.0	1.0	850	$1,695	$1.99	1d	1	0.93mi
27 E Bel Air Ave Apt 2 Aberdeen, MD	3.0	1.0	944	$1,550	$1.64	43d	1	1.07mi
27 E Bel Air Ave Unit 1 Aberdeen, MD	3.0	1.0	923	$1,750	$1.90	43d	1	1.07mi
742 Nottingham Dr Aberdeen, MD	3.0	1.0	1084	$2,200	$2.03	4d	1	1.07mi
901 Camden Way Aberdeen, MD	1.0–3.0	1.0–2.5	1210	$2,991	$2.47	1d	53	1.27mi
70 Swan St Aberdeen, MD	3.0	2.0	924	$1,715	$1.86	4d	1	1.35mi

Listing history 4 events

1. 2026-06-02
   statusdays on market $249,900 Pending 12 DOM
2. 2026-06-01
   days on market $249,900 Active 11 DOM
3. 2026-05-31
   days on market $249,900 Active 10 DOM
4. 2026-05-15
   historical $249,900 634-char remark

ⓘ 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: $1,407 · $117/mo
• Projected year-2 tax: $2,066 · $172/mo
• Expected delta: +$658/yr (+$55/mo · 46.8%)

ⓘ 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 2/10 Low
• 🌡 Heat 7/10 Severe 7 d/yr ≥104°F today · 15 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,656
• − Mortgage interest: −$13,998
• − Property taxes: −$1,407
• − Insurance: −$1,250
• − Repairs & maintenance: −$1,813
• − Management: −$1,813
• − Depreciation: −$7,270
• Taxable loss: −$4,894
• Est. tax savings @ 24.0%: +$1,174
• After-tax cash flow: $690/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 — Aberdeen

• Score: 81/100
• State rank: #42
• US rank: #1545

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Aberdeen, MD
• County: Harford County · 198,512 people
• City population: 27,168
• Metro: Baltimore-Columbia-Towson, MD
• Population (ZIP): 27,168
• Household income: $83,238
• Rent vs Own: 36.7% rent · 63.3% own
• Severe rent burden: 736.0

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: Diverse neighborhood (Simpson 0.62)
• Race & ethnicity: White 54% Black 28% Hispanic / Latino 9% Two or more races 9% Asian 3%
• Hispanic origin (detail): Mexican 3% Puerto Rican 2% Dominican 1%
• Common ancestry: Romanian 3% Slovak 1% Scotch-Irish 1%
• Foreign-born: 8% · Canada, China, South Korea
• Languages at home: 89% English-only · Spanish 4% Other Indo-European 1% German/W. Germanic 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: ▼ -108.65%
• Current HPI: 247.668
• Rent YoY: ▲ 0.28%
• 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

+0.0% since first listed

3 events — show timeline

• 2026-06-02 Pending — BRIGHT MLS
• 2026-05-22 Listed $249,900 BRIGHT MLS
• 2026-05-15 Coming Soon $249,900 BRIGHT MLS

Property tax history

-3.9%/yr

Latest (2019): $1,407 · +2.3% YoY. Source: county tax records.