HOMESITE 108 Bolingbroke Way · Charles Town, WV 25414

$295,976

3 bd · 3.5 ba · 1,650 sqft · Townhouse

Built 2026 2,100 sqft lot $83/mo HOA · 4% of rent

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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).

• ARV discount +7.5/15.0
• Cash flow +7.0/30.0
• Appreciation +6.3/10.0
• Livability +3.8/5.0
• Rent growth +3.6/5.0
• Schools +3.4/10.0
• Condition / age +2.5/5.0
• 1% rule +2.2/10.0
• DSCR +1.2/10.0

Listing remarks

THE BEST VALUE PER SQUARE FOOT IN Charles Town, WV * * * OFFERING UP TO $12,500 IN CLOSING COST ASSISTANCE FOR PRIMARY RESIDENCE WITH USE OF APPROVED LENDER AND TITLE! * * Beautiful York ll TH in a small building of just three units. 3 bedrooms 3.5 bathrooms this home sports lovely quartz countertops, cute pendant lights over the kitchen island, and LVP throughout the whole main level. * Photos may not be of actual home. Photos may be of similar home/floorplan if home is under construction or if this is a base price listing.

Key facts

• $83 HOA
• Garage
• Built 2026

🏗️ New construction. The $295,976 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $308,550.

What this means for you Summary

Snapshot

• This is a 3-bed/3.5-bath townhouse listed at $296k.

Deal economics

• At list price, monthly cash flow is $-456 ($-5k/yr) — negative.
• To cash-flow at today's rent, offer at most $243k (18.0% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $223k (24.7% below list).
• Recommended offer: $223k (24.7% below list) — sets the bar for 1% rule.
• Cap rate 4.5% vs local median 3.5% in Charles Town — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 76/100 on livability (#22 in WV, #3,460 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, housing A+, health & safety A+; Watch: amenities D+, commute F.
• Jefferson County Schools (rural): math 29% / reading 46% proficiency, ranked #6 of 55 in WV (top 11%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Page Jackson Elementary (365 students, 0% FRL); Charles Town Middle School (math 22% / reading 45%, grade F, #40 of 109 statewide, top 37%, 637 students, 0% FRL); Washington High School (math 32% / reading 57%, grade F, #11 of 110 statewide, top 11%, 1,328 students, 0% FRL) — zoned schools average 0% FRL vs 33% district-wide (33 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: Rents rising fast (+4.3%/yr); 392 active listings in the ZIP; 14 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 1,162 units permitted in Jefferson County in 2024 (360 in 5+ unit buildings).

Forward outlook

• In year one you build about $10k of equity ($2k loan paydown + $8k appreciation (2.7% local appreciation)).
• Jefferson County population projected at +13% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• By year 4, paydown + projected appreciation supports a ~$35k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 0 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $222,739 (24.7% 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. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
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: 0.72% ✗
• Cap rate: 4.52%
• Cash-on-cash: -6.33%
• DSCR: 0.72
• GRM: 11.5

CMA / ARV

• ARV (on-the-fly): $308,550
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
361 Aragon Dr	0.04mi	3/3.5	1,674 (+2%)	0mo	$324,990	$194	95
369 Aragon Dr	0.04mi	3/3.0	1,674 (+2%)	1mo	$303,808	$181	92
128 Bolingbroke Way	0.00mi	3/2.5	1,674 (+2%)	2mo	$311,645	$186	92
70 Bolingbroke Way	0.00mi	3/3.5	1,600 (-3%)	5mo	$299,990	$187	90
89 Bolingbroke Way	0.03mi	3/3.5	1,600 (-3%)	4mo	$287,849	$180	90
118 Bolingbroke Way	0.05mi	3/3.5	1,600 (-3%)	4mo	$302,421	$189	90
85 Bolingbroke Way	0.02mi	3/3.5	1,600 (-3%)	6mo	$293,990	$184	89
58 Bolingbroke Way	0.02mi	3/3.5	1,600 (-3%)	8mo	$305,649	$191	88
9 Bolingbroke Way	0.03mi	3/3.5	1,600 (-3%)	8mo	$298,988	$187	87
76 Bolingbroke Way	0.01mi	4/3.5 (+1)	1,600 (-3%)	7mo	$321,819	$201	84
84 Bolingbroke Way	0.01mi	4/3.5 (+1)	1,600 (-3%)	7mo	$291,566	$182	84
97 Bolingbroke Way	0.03mi	4/3.5 (+1)	1,600 (-3%)	7mo	$304,014	$190	83

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

Projected returns pro-forma

2.67% appreciation · 4.35% rent growth · sell at horizon

5-year hold

• IRR: 1.2%
• Equity multiple: 1.07×
• Total profit: $6,020
• Equity at exit: $133,123

10-year hold

• IRR: 5.7%
• Equity multiple: 1.85×
• Total profit: $73,603
• Equity at exit: $200,895

Cash invested: $86,394 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 83 Strongly Landlord-Friendly
• State West Virginia: 83 Strongly Landlord-Friendly · R+22
• County: — inherits STATE
• City: — inherits STATE

Landlord-favorable; preempted; minimal protections.

Methodology + full state rankings →

ZIP-level market 25414

• Home prices YoY: 0.9%
• Rents YoY: 4.3%
• Active inventory: 392
• Price-to-rent: 11.1×

Monthly cashflow live

• Estimated rent: $2,227 high
• Mortgage (P&I): −$1,618
• Tax est. 1.5%: −$386 /mo · $4,628/yr
• Insurance: −$129
• HOA: −$83
• Vacancy / Maint / Mgmt: −$468
• Net cashflow: $-456

Break-even live

Break-even rent $2,804

Max offer price $242,612

Occupancy floor —

Sensitivity live

Price	-10% $-242	-5% $-349	+0% $-456	+5% $-562	+10% $-669
Rent	-10% $-632	-5% $-544	+0% $-456	+5% $-368	+10% $-280
Rate	-1.0pp $-300	-0.5pp $-377	base $-456	+0.5pp $-536	+1.0pp $-617

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: $77,138
• Closing costs: $9,256
• Reserves months: —
• Total cash needed: —

Rent comps 14 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
27 Towton PL Charles Town, WV	3.0	2.5	1550	$1,995	$1.29	26d	1	0.36mi
114 Telluride Way Charles Town, WV	3.0	2.5	1700	$2,090	$1.23	26d	1	0.59mi
135 Telluride Way Charles Town, WV	4.0	3.5	2097	$2,400	$1.14	26d	1	0.61mi
509 Seeback Dr Charles Town, WV	3.0	2.5	1946	$2,150	$1.10	26d	1	0.62mi
19 Winterplace Dr Charles Town, WV	4.0	3.5	2095	$2,100	$1.00	14d	1	0.66mi
10 Telluride Way Charles Town, WV	3.0	4.0	2097	$2,300	$1.10	26d	1	0.69mi
458 Seeback Dr Charles Town, WV	3.0	2.5	1946	$2,100	$1.08	26d	1	0.80mi
450 Seeback Dr Charles Town, WV	3.0	2.5	1793	$2,050	$1.14	14d	1	0.80mi
439 Seeback Dr Unit 255 Charles Town, WV	3.0	2.5	1920	$2,100	$1.09	22d	1	0.80mi
470 Seeback Dr Charles Town, WV	3.0	2.5	1946	$2,100	$1.08	26d	1	0.80mi
454 Seeback Dr Charles Town, WV	3.0	4.0	1952	$2,100	$1.08	26d	1	0.80mi
478 Seeback Dr Charles Town, WV	3.0	2.5	1946	$2,200	$1.13	22d	1	0.80mi
115 Bell Tower Ln Charles Town, WV	4.0	2.5	2223	$2,600	$1.17	4d	1	1.38mi
214 Gumspring Dr Charles Town, WV	4.0	2.5	2148	$2,500	$1.16	22d	1	1.41mi

HOA detail

• Monthly dues: $83 · $996/yr

Listing history 2 events

1. 2026-05-11
   listed $295,976
2. 2026-05-11
   historical

ⓘ 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 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥102°F today · 16 d/yr by 30 yrs out
• 💨 Wind 3/10 Moderate 5% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $26,729
• − Mortgage interest: −$17,284
• − Property taxes: −$4,628
• − Insurance: −$1,543
• − Repairs & maintenance: −$2,138
• − Management: −$2,138
• − HOA: −$996
• − Depreciation: −$8,976
• Taxable loss: −$10,975
• Est. tax savings @ 24.0%: +$2,634
• After-tax cash flow: $-2,834/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: Jefferson County Schools
• NCES district ID: 5400570
• Math proficiency: 29% ▼ -13.00%
• Reading proficiency: 46% ▼ -7.00%
• Median HH income: $67,038
• Composite: 33.98/100
• National rank: #5322
• State rank: #6 of 55 in WV

Livability — Charles Town

• Score: 76/100
• State rank: #22
• US rank: #3460

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Jefferson County · 28,403 people
• City population: 21,073
• Metro: Washington-Arlington-Alexandria, DC-VA-MD-WV
• Population (ZIP): 21,073
• Household income: $105,500
• Rent vs Own: 22.9% rent · 77.1% own
• Severe rent burden: 290.0

Population outlook (Jefferson County) Hauer SSP2

• Today (2025): 61,715 people
• By 2030: 64,052 · +3.8%
• By 2040: 67,713 · +9.7%
• By 2050: 69,843 · +13.2%
• By 2075: 72,679 · +17.8%
• By 2100: 71,872 · +16.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (78%)
• Race & ethnicity: White 78% Two or more races 10% Black 7% Hispanic / Latino 7% Asian 1%
• Hispanic origin (detail): Mexican 2% Puerto Rican 1%
• Common ancestry: Romanian 3% Slovak 2% Lithuanian 2%
• Foreign-born: 5% · Canada, Jamaica
• Languages at home: 93% English-only · Spanish 5% Other Indo-European 1%

Political lean MEDSL · Jefferson

• 2024 margin: R (+15.8) · D 41.0% · R 56.8% · Other 2.1%
• 2008→2024 swing: -20.6pp toward R · 2008: 4.8pp · 2024: -15.8pp
• All cycles: 2024: R+15.8 2020: R+10.5 2016: R+15.3 2012: R+4.0 2008: D+4.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 2.67%
• Current HPI: 296.8007
• Rent YoY: ▲ 4.35%
• Metro: Washington-Arlington-Alexandria, DC-VA-MD-WV
• State GDP YoY: —
• F500 in state: 0

Price history

2 events — show timeline

• 2026-05-11 Listing Removed — BRIGHT MLS
• 2026-05-11 Listed $295,976 BRIGHT MLS