4004 Lawrence St · Colmar Manor, MD 20722

$449,000

7 bd · 2.0 ba · 1,188 sqft · SingleFamily public records · 49 Days on market

Built 1925 4,000 sqft lot $378/sqft · 9% below area Est $495k · 9% 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).

• ARV discount +11.6/15.0
• Appreciation +10.0/10.0
• Cash flow +7.2/30.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +1.9/10.0
• Schools +1.7/10.0
• DSCR +1.4/10.0

Listing remarks MLS

Welcome to 4004 Lawrence St, a spacious 7-bedroom, 3-bath home offering incredible flexibility and room to grow in the heart of Brentwood. Step onto the beautiful front porch, perfect for relaxing mornings or quiet evenings. Inside, the main level features a bright living room and dedicated dining area that flow seamlessly into the kitchen, creating a functional layout for everyday living and entertaining. The main floor also includes two bedrooms and one full bathroom, offering convenient access without the need for stairs. Upstairs, you’ll find two additional bedrooms and another full bathroom, providing comfortable space for family members or guests. The fully finished basement adds even more versatility, featuring three additional rooms, a full bathroom, and a storage room. Whether you need extra bedrooms, home offices, recreation space, or room for extended family, this lower level gives you endless possibilities. Outdoor living is just as impressive. Enjoy a large deck off the back of the home, perfect for gatherings and summer cookouts. The spacious backyard includes a storage shed and plenty of room for gardening, pets, or play. A private driveway accommodates up to two vehicles for added convenience. Located just minutes from Washington, DC, major commuter routes, parks, shopping, and local amenities, this property offers both space and accessibility in a quiet residential setting. If you’re looking for size, flexibility, and value all in one, 4004 Lawrence St is a must see.

Key facts

• Large deck
• Spacious backyard
• Private driveway

Tags

• FRONT PORCH
• DEDICATED DINING AREA
• FULLY FINISHED BASEMENT
• LARGE DECK
• SPACIOUS BACKYARD
• PRIVATE DRIVEWAY

What this means for you Summary

Snapshot

• This is a 7-bed/2.0-bath single-family listed at $449k.

Deal economics

• At list price, monthly cash flow is $-608 ($-7k/yr) — negative.
• To cash-flow at today's rent, offer at most $342k (23.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $310k (31.0% below list).
• Recommended offer: $310k (31.0% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 68/100 on livability (#207 in MD) — a middle-class / working-renter tenant base. Strengths: housing A+, employment A, health & safety B+; Watch: cost of living D+, schools F, crime 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: 21 active listings in the ZIP; solid renter incomes; 1,481 units permitted in Prince George's County in 2024 (0 in 5+ unit buildings).
• This rent runs 40% of the median local income ($92k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $48k of equity ($3k loan paydown + $45k appreciation (10.0% local appreciation)).
• Prince George's County population projected at +18% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 2, paydown + projected appreciation supports a ~$77k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 49 days — a 3% lower offer ($436k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 5y 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 $309k; 45% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1925 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: moderate wind risk, 22% 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 $309,709 (31.0% 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 49 days. Have you received any prior offers? Is the seller open to a 31% concession, seller financing, or rate buy-down credit?
3. Built in 1925 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. 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?
7. 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?
8. 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.
9. 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.
10. 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: 0.69% ✗
• Cap rate: 4.67%
• Cash-on-cash: -5.81%
• DSCR: 0.74
• GRM: 12.1

CMA / ARV

• ARV (median comp): $494,590
• List price: $449,000
• Delta: -9.02%
• Verdict: FAIR
• Comps: 4 within 1.0 mi

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 20.2%
• Equity multiple: 2.64×
• Total profit: $205,799
• Equity at exit: $404,495

10-year hold

• IRR: 18.4%
• Equity multiple: 6.06×
• Total profit: $636,557
• Equity at exit: $872,308

Cash invested: $125,720 (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 20722

• Home prices YoY: 4.1%
• Active inventory: 21
• Price-to-rent: 12.1×

Monthly cashflow live

• Estimated rent: $3,097 medium
• Mortgage (P&I): −$2,355
• Tax from tax record: −$514 /mo · $6,162/yr
• Insurance: −$187
• HOA: −$0
• Vacancy / Maint / Mgmt: −$650
• Net cashflow: $-608

Break-even live

Break-even rent $3,867

Max offer price $341,507

Occupancy floor —

Sensitivity live

Price	-10% $-354	-5% $-481	+0% $-608	+5% $-736	+10% $-863
Rent	-10% $-853	-5% $-731	+0% $-608	+5% $-486	+10% $-364
Rate	-1.0pp $-382	-0.5pp $-494	base $-608	+0.5pp $-725	+1.0pp $-843

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: $112,250
• Closing costs: $13,470
• Reserves months: —
• Total cash needed: —

Listing history 25 events

1. 2026-06-21
   pricedays on market $449,000 Active 49 DOM
2. 2026-06-18
   days on market $450,000 Active 46 DOM
3. 2026-06-17
   statusdays on market $450,000 Active 45 DOM
4. 2026-05-14
   historical Active Under Contract 1520-char remark

   Show marketing remark (1520 chars)

   Welcome to 4004 Lawrence St, a spacious 7-bedroom, 3-bath home offering incredible flexibility and room to grow in the heart of Brentwood. Step onto the beautiful front porch, perfect for relaxing mornings or quiet evenings. Inside, the main level features a bright living room and dedicated dining area that flow seamlessly into the kitchen, creating a functional layout for everyday living and entertaining. The main floor also includes two bedrooms and one full bathroom, offering convenient access without the need for stairs. Upstairs, you’ll find two additional bedrooms and another full bathroom, providing comfortable space for family members or guests. The fully finished basement adds even more versatility, featuring three additional rooms, a full bathroom, and a storage room. Whether you need extra bedrooms, home offices, recreation space, or room for extended family, this lower level gives you endless possibilities. Outdoor living is just as impressive. Enjoy a large deck off the back of the home, perfect for gatherings and summer cookouts. The spacious backyard includes a storage shed and plenty of room for gardening, pets, or play. A private driveway accommodates up to two vehicles for added convenience. Located just minutes from Washington, DC, major commuter routes, parks, shopping, and local amenities, this property offers both space and accessibility in a quiet residential setting. If you’re looking for size, flexibility, and value all in one, 4004 Lawrence St is a must see.

5. 2026-05-05
   price $450,000 1520-char remark

   Show marketing remark (1520 chars)

   Welcome to 4004 Lawrence St, a spacious 7-bedroom, 3-bath home offering incredible flexibility and room to grow in the heart of Brentwood. Step onto the beautiful front porch, perfect for relaxing mornings or quiet evenings. Inside, the main level features a bright living room and dedicated dining area that flow seamlessly into the kitchen, creating a functional layout for everyday living and entertaining. The main floor also includes two bedrooms and one full bathroom, offering convenient access without the need for stairs. Upstairs, you’ll find two additional bedrooms and another full bathroom, providing comfortable space for family members or guests. The fully finished basement adds even more versatility, featuring three additional rooms, a full bathroom, and a storage room. Whether you need extra bedrooms, home offices, recreation space, or room for extended family, this lower level gives you endless possibilities. Outdoor living is just as impressive. Enjoy a large deck off the back of the home, perfect for gatherings and summer cookouts. The spacious backyard includes a storage shed and plenty of room for gardening, pets, or play. A private driveway accommodates up to two vehicles for added convenience. Located just minutes from Washington, DC, major commuter routes, parks, shopping, and local amenities, this property offers both space and accessibility in a quiet residential setting. If you’re looking for size, flexibility, and value all in one, 4004 Lawrence St is a must see.

6. 2026-03-31
   listed $465,000 Active 1520-char remark

   Show marketing remark (1520 chars)

   Welcome to 4004 Lawrence St, a spacious 7-bedroom, 3-bath home offering incredible flexibility and room to grow in the heart of Brentwood. Step onto the beautiful front porch, perfect for relaxing mornings or quiet evenings. Inside, the main level features a bright living room and dedicated dining area that flow seamlessly into the kitchen, creating a functional layout for everyday living and entertaining. The main floor also includes two bedrooms and one full bathroom, offering convenient access without the need for stairs. Upstairs, you’ll find two additional bedrooms and another full bathroom, providing comfortable space for family members or guests. The fully finished basement adds even more versatility, featuring three additional rooms, a full bathroom, and a storage room. Whether you need extra bedrooms, home offices, recreation space, or room for extended family, this lower level gives you endless possibilities. Outdoor living is just as impressive. Enjoy a large deck off the back of the home, perfect for gatherings and summer cookouts. The spacious backyard includes a storage shed and plenty of room for gardening, pets, or play. A private driveway accommodates up to two vehicles for added convenience. Located just minutes from Washington, DC, major commuter routes, parks, shopping, and local amenities, this property offers both space and accessibility in a quiet residential setting. If you’re looking for size, flexibility, and value all in one, 4004 Lawrence St is a must see.

7. 2026-03-31
   historical

   Show marketing remark (1520 chars)

   Welcome to 4004 Lawrence St, a spacious 7-bedroom, 3-bath home offering incredible flexibility and room to grow in the heart of Brentwood. Step onto the beautiful front porch, perfect for relaxing mornings or quiet evenings. Inside, the main level features a bright living room and dedicated dining area that flow seamlessly into the kitchen, creating a functional layout for everyday living and entertaining. The main floor also includes two bedrooms and one full bathroom, offering convenient access without the need for stairs. Upstairs, you’ll find two additional bedrooms and another full bathroom, providing comfortable space for family members or guests. The fully finished basement adds even more versatility, featuring three additional rooms, a full bathroom, and a storage room. Whether you need extra bedrooms, home offices, recreation space, or room for extended family, this lower level gives you endless possibilities. Outdoor living is just as impressive. Enjoy a large deck off the back of the home, perfect for gatherings and summer cookouts. The spacious backyard includes a storage shed and plenty of room for gardening, pets, or play. A private driveway accommodates up to two vehicles for added convenience. Located just minutes from Washington, DC, major commuter routes, parks, shopping, and local amenities, this property offers both space and accessibility in a quiet residential setting. If you’re looking for size, flexibility, and value all in one, 4004 Lawrence St is a must see.

8. 2026-03-16
   price $475,000
9. 2026-02-16
   listed $500,000 Active
10. 2025-10-22
    historical
11. 2025-09-18
    price $430,000
12. 2025-07-25
    listed $440,000 Active
13. 2022-07-20
    soldstatus $309,000
14. 2022-04-14
    soldstatus $309,000 Closed
15. 2022-04-02
    status Pending
16. 2022-03-29
    price $299,999
17. 2022-03-29
    status Active
18. 2022-03-18
    historical Active Under Contract
19. 2022-03-08
    status Active
20. 2021-11-08
    historical
21. 2021-10-21
    price $329,000
22. 2021-10-06
    listed $349,900 Active
23. 1994-10-13
    soldstatus $97,000
24. 1993-09-30
    soldstatus $47,000
25. 1977-08-01
    soldstatus $38,950

ⓘ 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: $6,162 · $514/mo
• Projected year-2 tax: $6,162 · $514/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ 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 1/10 Low
• 🌡 Heat 7/10 Severe 7 d/yr ≥105°F today · 15 d/yr by 30 yrs out
• 💨 Wind 5/10 Major 22% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $37,165
• − Mortgage interest: −$25,151
• − Property taxes: −$6,162
• − Insurance: −$2,245
• − Repairs & maintenance: −$2,973
• − Management: −$2,973
• − Depreciation: −$13,062
• Taxable loss: −$15,401
• Est. tax savings @ 24.0%: +$3,696
• After-tax cash flow: $-3,606/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 — Colmar Manor

• Score: 68/100
• State rank: #207
• US rank: #10066

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Colmar Manor, MD
• County: Prince Georges County · 919,866 people
• City population: 6,362
• Metro: Washington-Arlington-Alexandria, DC-VA-MD-WV
• Population (ZIP): 6,264
• Household income: $91,875
• Rent vs Own: 35.1% rent · 64.9% own
• Severe rent burden: 191.0

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: Diverse neighborhood (Simpson 0.62)
• Race & ethnicity: Hispanic / Latino 53% Black 29% Two or more races 15% White 10% Native American 3% Asian 3%
• Hispanic origin (detail): Mexican 8% Dominican 2%
• Common ancestry: Slovak 1% Italian 1% Lithuanian 1%
• Foreign-born: 39% · Canada
• Languages at home: 45% English-only · Spanish 48% Tagalog/Filipino 2% French/Haitian/Cajun 2%

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: ▲ 16.77%
• Current HPI: 421.2708
• Rent YoY: —
• 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

+1055.3% since first listed

22 events — show timeline

• 2026-05-14 Contingent — BRIGHT MLS
• 2026-05-05 Price Changed $450,000 BRIGHT MLS
• 2026-03-31 Listing Removed — BRIGHT MLS
• 2026-03-31 Listed $465,000 BRIGHT MLS
• 2026-03-16 Price Changed $475,000 BRIGHT MLS
• 2026-02-16 Listed $500,000 BRIGHT MLS
• 2025-10-22 Listing Removed — BRIGHT MLS
• 2025-09-18 Price Changed $430,000 BRIGHT MLS
• 2025-07-25 Listed $440,000 BRIGHT MLS
• 2022-07-20 Sold (Public Records) $309,000 Public Records
• 2022-04-14 Sold (MLS) $309,000 BRIGHT MLS
• 2022-04-02 Pending — BRIGHT MLS
• 2022-03-29 Price Changed $299,999 BRIGHT MLS
• 2022-03-29 Relisted — BRIGHT MLS
• 2022-03-18 Contingent — BRIGHT MLS
• 2022-03-08 Relisted — BRIGHT MLS
• 2021-11-08 Listing Removed — BRIGHT MLS
• 2021-10-21 Price Changed $329,000 BRIGHT MLS
• 2021-10-06 Listed $349,900 BRIGHT MLS
• 1994-10-13 Sold (Public Records) $97,000 Public Records
• 1993-09-30 Sold (Public Records) $47,000 Public Records
• 1977-08-01 Sold (Public Records) $38,950 Public Records

Property tax history

+5.8%/yr

Latest (2025): $6,162 · +5.9% YoY. Source: county tax records.