14100 Farnsworth Ln #2307 · Marlboro Village, MD 20772

$250,000

2 bd · 2.0 ba · 290 sqft · Condo public records · 79 Days on market

Built 1996 $400/mo HOA · 21% of rent

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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).

• ARV discount +7.5/15.0
• Rent growth +5.0/5.0
• Cash flow +4.9/30.0
• Livability +3.3/5.0
• 1% rule +2.7/10.0
• Condition / age +2.5/5.0
• Schools +1.7/10.0
• DSCR +0.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Motivated Seller!!! Come Experience this charming two-bedroom, two-bathroom condominium featuring a cozy fireplace, and a spacious walk‑in kitchen! Beautiful hardwood floors run throughout the home, and the included washer and dryer make this condo even more special. Don’t miss this opportunity — it won’t last! Enjoy your own personal garage with direct access into the building, so you never have to worry about a rainy day. This amazing home also comes with one parking space with a parking pass. Carpeted hallways and an elevator add comfort and convenience, making this condo truly feel like home. Home Warranty will convey for the new owner. Make your offer today!

Key facts

• $400 HOA
• Garage
• Built 1996

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $250k.

Deal economics

• At list price, monthly cash flow is $-598 ($-7k/yr) — negative.
• To cash-flow at today's rent, offer at most $164k (34.6% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $194k (22.5% below list).
• Recommended offer: $164k (34.6% below list) — sets the bar for cash-flow.
• Cap rate 3.4% vs local median 4.9% in Marlboro Village — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.

Location & tenants

• Location reads 66/100 on livability (#226 in MD) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A+; Watch: schools D, cost of living D, amenities F.
• Prince George'S County Public Schools (suburban): math 8% / reading 24% proficiency, ranked #21 of 24 in MD (top 88%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: Rents rising fast (+9.8%/yr); 309 active listings in the ZIP; high-income renter base; 1,481 units permitted in Prince George's County in 2024 (0 in 5+ unit buildings).
• This rent is only 17% of the median local income ($139k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
• Prince George's County population projected at +18% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 79 days — a 6% lower offer ($235k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 18y 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.

Risks & watch-outs

• Watch-outs: HOA is 21% of rent.
• Climate carrying-cost: moderate wind risk, 25% chance of damaging wind over 30y; extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $163,536 (34.6% 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 79 days. Have you received any prior offers? Is the seller open to a 35% 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 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?
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: 0.77% ✗
• Cap rate: 3.42%
• Cash-on-cash: -10.24%
• DSCR: 0.54
• GRM: 10.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 8.0% rent growth · sell at horizon

5-year hold

• IRR: -27.6%
• Equity multiple: 0.03×
• Total profit: $-68,057
• Equity at exit: $37,276

10-year hold

• IRR: -11.5%
• Equity multiple: 0.13×
• Total profit: $-60,561
• Equity at exit: $21,615

Cash invested: $70,000 (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 20772

• Rents YoY: 9.8%
• Active inventory: 309
• Price-to-rent: 10.8×

Monthly cashflow live

• Estimated rent: $1,937 medium
• Mortgage (P&I): −$1,311
• Tax est. 1.5%: −$312 /mo · $3,750/yr
• Insurance: −$104
• HOA: −$400
• Vacancy / Maint / Mgmt: −$407
• Net cashflow: $-598

Break-even live

Break-even rent $2,693

Max offer price $163,536

Occupancy floor —

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: $62,500
• Closing costs: $7,500
• Reserves months: —
• Total cash needed: —

HOA detail condo

• Monthly dues: $400 · $4,800/yr
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 21 events

1. 2026-06-04
   days on market $250,000 Active 79 DOM
2. 2026-06-03
   days on market $250,000 Active 78 DOM
3. 2026-06-02
   days on market $250,000 Active 77 DOM
4. 2026-06-01
   days on market $250,000 Active 76 DOM
5. 2026-05-31
   days on market $250,000 Active 75 DOM
6. 2026-04-21
   price $250,000 689-char remark

   Show marketing remark (689 chars)

   Motivated Seller!!! Come Experience this charming two-bedroom, two-bathroom condominium featuring a cozy fireplace, and a spacious walk‑in kitchen! Beautiful hardwood floors run throughout the home, and the included washer and dryer make this condo even more special. Don’t miss this opportunity — it won’t last! Enjoy your own personal garage with direct access into the building, so you never have to worry about a rainy day. This amazing home also comes with one parking space with a parking pass. Carpeted hallways and an elevator add comfort and convenience, making this condo truly feel like home. Home Warranty will convey for the new owner. Make your offer today!

7. 2026-04-21
   status Active 689-char remark

   Show marketing remark (689 chars)

   Motivated Seller!!! Come Experience this charming two-bedroom, two-bathroom condominium featuring a cozy fireplace, and a spacious walk‑in kitchen! Beautiful hardwood floors run throughout the home, and the included washer and dryer make this condo even more special. Don’t miss this opportunity — it won’t last! Enjoy your own personal garage with direct access into the building, so you never have to worry about a rainy day. This amazing home also comes with one parking space with a parking pass. Carpeted hallways and an elevator add comfort and convenience, making this condo truly feel like home. Home Warranty will convey for the new owner. Make your offer today!

8. 2026-04-03
   historical Active Under Contract 689-char remark

   Show marketing remark (689 chars)

   Motivated Seller!!! Come Experience this charming two-bedroom, two-bathroom condominium featuring a cozy fireplace, and a spacious walk‑in kitchen! Beautiful hardwood floors run throughout the home, and the included washer and dryer make this condo even more special. Don’t miss this opportunity — it won’t last! Enjoy your own personal garage with direct access into the building, so you never have to worry about a rainy day. This amazing home also comes with one parking space with a parking pass. Carpeted hallways and an elevator add comfort and convenience, making this condo truly feel like home. Home Warranty will convey for the new owner. Make your offer today!

9. 2026-03-20
   price $253,000 689-char remark

   Show marketing remark (689 chars)

   Motivated Seller!!! Come Experience this charming two-bedroom, two-bathroom condominium featuring a cozy fireplace, and a spacious walk‑in kitchen! Beautiful hardwood floors run throughout the home, and the included washer and dryer make this condo even more special. Don’t miss this opportunity — it won’t last! Enjoy your own personal garage with direct access into the building, so you never have to worry about a rainy day. This amazing home also comes with one parking space with a parking pass. Carpeted hallways and an elevator add comfort and convenience, making this condo truly feel like home. Home Warranty will convey for the new owner. Make your offer today!

10. 2026-02-27
    listed $260,000 Active 689-char remark

    Show marketing remark (689 chars)

    Motivated Seller!!! Come Experience this charming two-bedroom, two-bathroom condominium featuring a cozy fireplace, and a spacious walk‑in kitchen! Beautiful hardwood floors run throughout the home, and the included washer and dryer make this condo even more special. Don’t miss this opportunity — it won’t last! Enjoy your own personal garage with direct access into the building, so you never have to worry about a rainy day. This amazing home also comes with one parking space with a parking pass. Carpeted hallways and an elevator add comfort and convenience, making this condo truly feel like home. Home Warranty will convey for the new owner. Make your offer today!

11. 2026-02-22
    historical $260,000 689-char remark

    Show marketing remark (689 chars)

    Motivated Seller!!! Come Experience this charming two-bedroom, two-bathroom condominium featuring a cozy fireplace, and a spacious walk‑in kitchen! Beautiful hardwood floors run throughout the home, and the included washer and dryer make this condo even more special. Don’t miss this opportunity — it won’t last! Enjoy your own personal garage with direct access into the building, so you never have to worry about a rainy day. This amazing home also comes with one parking space with a parking pass. Carpeted hallways and an elevator add comfort and convenience, making this condo truly feel like home. Home Warranty will convey for the new owner. Make your offer today!

12. 2022-09-02
    soldstatus $225,000 Closed 192-char remark

    Show marketing remark (192 chars)

    Beautifully maintained 2 bedroom, 2 bath condo. You'll love this one! Updated kitchen with stainless steel appliances, beautiful hardwood floors and fireplace. This one you don't want to miss!

13. 2022-07-20
    status Pending 192-char remark

    Show marketing remark (192 chars)

    Beautifully maintained 2 bedroom, 2 bath condo. You'll love this one! Updated kitchen with stainless steel appliances, beautiful hardwood floors and fireplace. This one you don't want to miss!

14. 2022-07-11
    listed $229,990 Active 192-char remark

    Show marketing remark (192 chars)

    Beautifully maintained 2 bedroom, 2 bath condo. You'll love this one! Updated kitchen with stainless steel appliances, beautiful hardwood floors and fireplace. This one you don't want to miss!

15. 2009-06-25
    soldstatus $197,000
16. 2009-06-03
    soldstatus $197,000 Sold
17. 2009-05-04
    historical
18. 2009-04-10
    listed $195,000
19. 2009-03-01
    historical
20. 2008-09-04
    listed
21. 1996-09-04
    soldstatus $100,795

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥102°F today · 17 d/yr by 30 yrs out
• 💨 Wind 5/10 Major 25% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,243
• − Mortgage interest: −$14,004
• − Property taxes: −$3,750
• − Insurance: −$1,250
• − Repairs & maintenance: −$1,859
• − Management: −$1,859
• − HOA: −$4,800
• − Depreciation: −$7,273
• Taxable loss: −$11,553
• Est. tax savings @ 24.0%: +$2,773
• After-tax cash flow: $-4,398/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: Prince George'S County Public Schools
• NCES district ID: 2400510
• Math proficiency: 8% ▼ -11.00%
• Reading proficiency: 24% ▼ -9.00%
• Median HH income: $73,967
• Composite: 16.82/100
• National rank: #9151
• State rank: #21 of 24 in MD

Livability — Marlboro Village

• Score: 66/100
• State rank: #226
• US rank: #11335

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Marlboro Village, MD
• County: Prince Georges County · 919,866 people
• Metro: Washington-Arlington-Alexandria, DC-VA-MD-WV
• Population (ZIP): 54,319
• Household income: $139,403
• Rent vs Own: 10.7% rent · 89.3% own
• Severe rent burden: 524.0

Population outlook (Prince George's County) Hauer SSP2

• Today (2025): 1,005,426 people
• By 2030: 1,048,416 · +4.3%
• By 2040: 1,123,425 · +11.7%
• By 2050: 1,183,220 · +17.7%
• By 2075: 1,306,202 · +29.9%
• By 2100: 1,408,179 · +40.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Black (78%)
• Race & ethnicity: Black 78% White 10% Hispanic / Latino 7% Two or more races 5% Asian 1%
• Hispanic origin (detail): Mexican 1%
• Foreign-born: 10% · Canada, China
• Languages at home: 88% English-only · Spanish 5% French/Haitian/Cajun 1% Other Indo-European 1%

Political lean MEDSL · Prince George's

• 2024 margin: Solid D (+75.2) · D 86.3% · R 11.2% · Other 2.5%
• 2008→2024 swing: -3.3pp toward R · 2008: 78.5pp · 2024: 75.2pp
• All cycles: 2024: D+75.2 2020: D+80.5 2016: D+81.0 2012: D+80.9 2008: D+78.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -184.63%
• Current HPI: 251.8236
• Rent YoY: ▲ 9.80%
• Metro: Washington-Arlington-Alexandria, DC-VA-MD-WV
• 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

+148.0% since first listed

16 events — show timeline

• 2026-04-21 Price Changed $250,000 BRIGHT MLS
• 2026-04-21 Relisted — BRIGHT MLS
• 2026-04-03 Contingent — BRIGHT MLS
• 2026-03-20 Price Changed $253,000 BRIGHT MLS
• 2026-02-27 Listed $260,000 BRIGHT MLS
• 2026-02-22 Coming Soon $260,000 BRIGHT MLS
• 2022-09-02 Sold (MLS) $225,000 BRIGHT MLS
• 2022-07-20 Pending — BRIGHT MLS
• 2022-07-11 Listed $229,990 BRIGHT MLS
• 2009-06-25 Sold (Public Records) $197,000 Public Records
• 2009-06-03 Sold (MLS) $197,000 MRIS
• 2009-05-04 Delisted — MRIS
• 2009-04-10 Listed $195,000 MRIS
• 2009-03-01 Delisted — MRIS
• 2008-09-04 Listed — MRIS
• 1996-09-04 Sold (Public Records) $100,795 Public Records

Property tax history

+7.1%/yr

Latest (2025): $175 · +0.0% YoY. Source: county tax records.