1005 Chillum Rd #303 · Chillum, MD 20782

$135,000

2 bd · 1.0 ba · 1,002 sqft · Condo public records · 214 Days on market

Built 1955 $1012/mo HOA · 48% of rent ↓ 42% since listing

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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).

• 1% rule +10.0/10.0
• ARV discount +7.5/15.0
• Cash flow +6.0/30.0
• Livability +3.8/5.0
• Condition / age +2.5/5.0
• Rent growth +2.3/5.0
• Schools +1.7/10.0
• DSCR +0.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Make your home in this Spacious Fairmont/Chillum. Well known area of Hyattsville, which is a high demand. Spectacular wood floors, freshly painted, ample closet space, large 2 bedrooms and 1 full bath. W/ dryer combo in the unit. Plenty of light and easy access to the unit. Walk to public transportation and close to Takoma Park, Brookland and Fort Totem Metro Metro Stations, highways connecting to Wash. DC in a few minutes. The community has a free outdoor pool. Plenty of shopping (PG Plaza), restaurants and picturesque parks and playgrounds. Assigned parking. CASH or CONVENTIONAL NO FHA.

Key facts

• $1,012 HOA
• Community pool
• Built 1955

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath condo listed at $135k.

Deal economics

• At list price, monthly cash flow is $-258 ($-3k/yr) — negative.
• To cash-flow at today's rent, offer at most $89k (33.8% below list).
• Meets the 1% rule at list price ($2k rent vs $135k).
• Recommended offer: $89k (33.8% below list) — sets the bar for cash-flow.

Location & tenants

• Location reads 75/100 on livability (#105 in MD, #4,157 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, housing A+, health & safety A; Watch: schools C-, amenities C-, 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: Rents soft (-0.9%/yr); 156 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals leasing fast (median 12d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 1,481 units permitted in Prince George's County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $933 of loan paydown is wiped out by about $4k 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 214 days — a 12% lower offer ($119k) is reasonable based on typical stale-listing flexibility.
• 17 sale attempts since 20y 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 $117k; 15% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: HOA is 48% of rent; built in 1955 — expect roof / HVAC / electrical / plumbing capex.
• 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 $89,348 (33.8% 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 214 days. Have you received any prior offers? Is the seller open to a 34% concession, seller financing, or rate buy-down credit?
3. Built in 1955 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. 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?
6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
8. 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?
9. 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?
10. 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.
11. 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.
12. 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: 1.55% ✓
• Cap rate: 4.00%
• Cash-on-cash: -8.20%
• DSCR: 0.63
• GRM: 5.4

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -38.6%
• Equity multiple: -0.16×
• Total profit: $-43,849
• Equity at exit: $20,129

10-year hold

• IRR: —
• Equity multiple: -1.13×
• Total profit: $-80,562
• Equity at exit: $11,672

Cash invested: $37,800 (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 20782

• Rents YoY: -0.9%
• Active inventory: 156
• Price-to-rent: 5.4×

Monthly cashflow live

• Estimated rent: $2,099 high
• Mortgage (P&I): −$708
• Tax from tax record: −$140 /mo · $1,682/yr
• Insurance: −$56
• HOA: −$1,012
• Vacancy / Maint / Mgmt: −$441
• Net cashflow: $-258

Break-even live

Break-even rent $2,426

Max offer price $89,348

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: $33,750
• Closing costs: $4,050
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1005 Chillum Rd Hyattsville, MD	1.0	1.0	552	$1,600	$2.90	10d	2	0.02mi
1009 Chillum Rd #217 Hyattsville, MD	1.0	1.0	740	$1,500	$2.03	44d	1	0.03mi
5601 Parker House Ter #106 Hyattsville, MD	1.0	1.0	703	$1,250	$1.78	5d	1	0.07mi
846 Oglethorpe St NE Washington, DC	3.0	1.0	1024	$3,000	$2.93	19d	1	0.14mi
607 Jefferson St NE Washington, DC	3.0	1.5	1200	$3,295	$2.75	4d	1	0.37mi
5801 Peabody St Hyattsville, MD	2.0	1.0	870	$1,765	$2.03	3d	9	0.38mi
6060 Sargent Rd Hyattsville, MD	1.0–2.0	1.0–2.0	700	$2,150	$3.07	44d	1	0.41mi
5178 Eastern Ave NE Washington, DC	1.0–3.0	1.0	792	$2,049	$2.59	3d	1	0.43mi
721 Chillum Rd Hyattsville, MD	1.0–2.0	1.0	650	$2,140	$3.29	11d	1	0.49mi
801 Cox Ave Hyattsville, MD	3.0	2.0	1169	$3,100	$2.65	19d	1	0.58mi
508 Greenlawn Dr Hyattsville, MD	1.0–2.0	1.0	651	$1,570	$2.41	1d	6	0.58mi
400 Galloway St NE Washington, DC	2.0	1.0–2.0	716	$2,754	$3.84	2d	26	0.59mi
5661 3rd St NE Washington, DC	2.0	1.0–2.0	749	$2,641	$3.52	3d	28	0.59mi
5042 8th St NE Washington, DC	3.0	2.0	1479	$3,295	$2.23	24d	1	0.61mi
5603 Cypress Creek Dr Chillum, MD	1.0–2.0	1.0–2.0	765	$1,812	$2.37	1d	8	0.63mi
620 Sheridan St Hyattsville, MD	1.0	1.0	708	$1,585	$2.24	5d	7	0.64mi
639 Farragut Pl NE Washington, DC	2.0	2.0	816	$3,000	$3.68	24d	1	0.67mi
632 Faraday Pl NE Washington, DC	2.0	1.0	1224	$2,650	$2.17	5d	1	0.69mi
5210 3rd St NE Washington, DC	2.0	1.0–2.0	862	$2,475	$2.87	1d	28	0.71mi
1507 Ray Rd Chillum, MD	1.0–2.0	1.0	820	$1,895	$2.31	24d	1	0.73mi
639 Emerson St NE Washington, DC	2.0	1.0	900	$2,195	$2.44	5d	1	0.76mi
639 Emerson St NE Washington, DC	2.0	1.0	900	$2,195	$2.44	17d	1	0.76mi
6733 New Hampshire Ave Takoma Park, MD	1.0–3.0	1.0–1.5	785	$1,842	$2.35	2d	18	0.90mi
790 Fairview Ave Takoma Park, MD	1.0–2.0	1.0–1.5	894	$1,799	$2.01	44d	3	0.94mi
5110 Fort Totten Dr NE #4 Washington, DC	2.0	2.0	715	$2,195	$3.07	24d	1	1.00mi
6821 Red Top Rd Takoma Park, MD	2.0–3.0	1.0–2.0	950	$1,595	$1.68	5d	4	1.01mi
5408 1st Pl NW Unit 106 Washington, DC	2.0	2.0	825	$2,300	$2.79	15d	1	1.03mi
951 East-West Hwy Takoma Park, MD	1.0–2.0	1.0	775	$1,495	$1.93	10d	2	1.05mi
4900 Fort Totten Dr NE Washington, DC	1.0–2.0	1.0	706	$2,350	$3.33	12d	7	1.06mi
5106 N Capitol St NW Washington, DC	1.0	1.0	800	$1,195	$1.49	4d	1	1.06mi
6011 N Dakota Ave NW Unit C Washington, DC	1.0	1.0	900	$1,900	$2.11	24d	1	1.07mi
4450 Joseph Pl NE Washington, DC	3.0	2.5	1460	$4,095	$2.80	24d	1	1.08mi
1228 Wynton Pl NE Unit NA Washington, DC	3.0	2.5	1500	$3,950	$2.63	18d	1	1.09mi
4818 Fort Totten Dr NE Washington, DC	1.0–2.0	1.0	725	$1,915	$2.64	3d	4	1.09mi
605 Ethan Allen Ave Takoma Park, MD	3.0	2.5	1130	$2,950	$2.61	22d	1	1.10mi
41 Tuckerman St NW Washington, DC	3.0	1.5	1088	$3,000	$2.76	24d	1	1.12mi
6916 New Hampshire Ave Takoma Park, MD	3.0	2.0	1080	$3,200	$2.96	44d	1	1.17mi
4520 Fort Totten Dr NE Washington, DC	1.0–2.0	1.0	662	$2,099	$3.17	3d	8	1.22mi
5119 2nd St NW Unit 4 Washington, DC	2.0	1.0	900	$2,050	$2.28	24d	1	1.25mi
5685 Little Branch Run Hyattsville, MD	3.0	1.0–2.0	939	$3,377	$3.60	2d	24	1.25mi

HOA detail condo

• Monthly dues: $1,012 · $12,144/yr
• Likely covers: landscapingpoolparking
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 45 events

1. 2025-10-22
   status Active
2. 2025-08-21
   listed Active Under Contract
3. 2025-08-21
   listed $135,000
4. 2021-09-08
   soldstatus $117,000 Closed 595-char remark

   Show marketing remark (595 chars)

   Make your home in this Spacious Fairmont/Chillum. Well known area of Hyattsville, which is a high demand. Spectacular wood floors, freshly painted, ample closet space, large 2 bedrooms and 1 full bath. W/ dryer combo in the unit. Plenty of light and easy access to the unit. Walk to public transportation and close to Takoma Park, Brookland and Fort Totem Metro Metro Stations, highways connecting to Wash. DC in a few minutes. The community has a free outdoor pool. Plenty of shopping (PG Plaza), restaurants and picturesque parks and playgrounds. Assigned parking. CASH or CONVENTIONAL NO FHA.

5. 2021-08-19
   status Pending 595-char remark

   Show marketing remark (595 chars)

   Make your home in this Spacious Fairmont/Chillum. Well known area of Hyattsville, which is a high demand. Spectacular wood floors, freshly painted, ample closet space, large 2 bedrooms and 1 full bath. W/ dryer combo in the unit. Plenty of light and easy access to the unit. Walk to public transportation and close to Takoma Park, Brookland and Fort Totem Metro Metro Stations, highways connecting to Wash. DC in a few minutes. The community has a free outdoor pool. Plenty of shopping (PG Plaza), restaurants and picturesque parks and playgrounds. Assigned parking. CASH or CONVENTIONAL NO FHA.

6. 2021-07-10
   historical Active Under Contract 595-char remark

   Show marketing remark (595 chars)

   Make your home in this Spacious Fairmont/Chillum. Well known area of Hyattsville, which is a high demand. Spectacular wood floors, freshly painted, ample closet space, large 2 bedrooms and 1 full bath. W/ dryer combo in the unit. Plenty of light and easy access to the unit. Walk to public transportation and close to Takoma Park, Brookland and Fort Totem Metro Metro Stations, highways connecting to Wash. DC in a few minutes. The community has a free outdoor pool. Plenty of shopping (PG Plaza), restaurants and picturesque parks and playgrounds. Assigned parking. CASH or CONVENTIONAL NO FHA.

7. 2021-07-09
   listed $125,000 Active 595-char remark

   Show marketing remark (595 chars)

   Make your home in this Spacious Fairmont/Chillum. Well known area of Hyattsville, which is a high demand. Spectacular wood floors, freshly painted, ample closet space, large 2 bedrooms and 1 full bath. W/ dryer combo in the unit. Plenty of light and easy access to the unit. Walk to public transportation and close to Takoma Park, Brookland and Fort Totem Metro Metro Stations, highways connecting to Wash. DC in a few minutes. The community has a free outdoor pool. Plenty of shopping (PG Plaza), restaurants and picturesque parks and playgrounds. Assigned parking. CASH or CONVENTIONAL NO FHA.

8. 2021-01-04
   historical
9. 2020-12-16
   historical Active Under Contract
10. 2020-12-05
    price $125,000
11. 2020-11-05
    listed $130,000 Active
12. 2015-03-03
    soldstatus $95,000
13. 2015-01-30
    soldstatus $95,000 Sold
14. 2015-01-30
    soldstatus $95,000
15. 2014-12-31
    status Contract
16. 2014-12-30
    historical
17. 2014-12-01
    listed $109,900 Active
18. 2014-12-01
    listed $109,900
19. 2014-06-12
    soldstatus $84,000 Sold
20. 2014-06-12
    soldstatus $84,000
21. 2014-06-09
    listed $94,000
22. 2014-06-09
    historical
23. 2014-06-09
    listed $94,000
24. 2014-06-09
    historical
25. 2011-05-27
    soldstatus $66,000
26. 2011-05-27
    soldstatus $66,000 Sold
27. 2011-05-12
    status Contingent (No Kick Out)
28. 2011-04-11
    historical
29. 2011-04-01
    price $74,900
30. 2011-02-24
    listed $89,500 Active
31. 2011-02-24
    listed $74,900
32. 2010-09-12
    historical Expired
33. 2010-09-12
    historical
34. 2010-05-19
    listed Active
35. 2010-05-19
    listed $134,000
36. 2009-09-23
    historical
37. 2009-09-23
    historical
38. 2009-09-22
    price Active
39. 2009-09-22
    status Active
40. 2009-08-21
    historical Contingent (Kick Out)
41. 2009-05-05
    listed
42. 2009-05-05
    listed $160,000
43. 2007-01-29
    soldstatus $232,900
44. 2006-09-01
    historical
45. 2006-04-07
    listed

ⓘ 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: $1,682 · $140/mo
• Projected year-2 tax: $1,682 · $140/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 4/10 Moderate FEMA zone X (unshaded) · 24% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 7/10 Severe 7 d/yr ≥104°F today · 16 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 15% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 5 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,184
• − Mortgage interest: −$7,562
• − Property taxes: −$1,682
• − Insurance: −$675
• − Repairs & maintenance: −$2,015
• − Management: −$2,015
• − HOA: −$12,144
• − Depreciation: −$3,927
• Taxable loss: −$4,836
• Est. tax savings @ 24.0%: +$1,161
• After-tax cash flow: $-1,941/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 — Chillum

• Score: 75/100
• State rank: #105
• US rank: #4157

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Chillum, MD
• County: Prince Georges County · 919,866 people
• Metro: Washington-Arlington-Alexandria, DC-VA-MD-WV
• Population (ZIP): 34,293
• Household income: $90,205
• Rent vs Own: 56.2% rent · 43.8% own
• Severe rent burden: 1219.0

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 0.67)
• Race & ethnicity: Hispanic / Latino 41% Black 37% White 14% Two or more races 11% Asian 4%
• Hispanic origin (detail): Mexican 5% Puerto Rican 1% Dominican 2%
• Common ancestry: Romanian 1% Hispanic 1%
• Foreign-born: 42% · Canada
• Languages at home: 47% English-only · Spanish 37% Other Indo-European 3% 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: ▼ -303.99%
• Current HPI: 306.7503
• Rent YoY: ▼ -0.92%
• 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

-42.0% since first listed

45 events — show timeline

• 2025-10-22 Relisted — BRIGHT MLS
• 2025-08-21 Listed — BRIGHT MLS
• 2025-08-21 Listed $135,000 BRIGHT MLS
• 2021-09-08 Sold (MLS) $117,000 BRIGHT MLS
• 2021-08-19 Pending — BRIGHT MLS
• 2021-07-10 Contingent — BRIGHT MLS
• 2021-07-09 Listed $125,000 BRIGHT MLS
• 2021-01-04 Listing Removed — BRIGHT MLS
• 2020-12-16 Contingent — BRIGHT MLS
• 2020-12-05 Price Changed $125,000 BRIGHT MLS
• 2020-11-05 Listed $130,000 BRIGHT MLS
• 2015-03-03 Sold (Public Records) $95,000 Public Records
• 2015-01-30 Sold (MLS) $95,000 BRIGHT MLS
• 2015-01-30 Sold (MLS) $95,000 MRIS
• 2014-12-31 Pending — MRIS
• 2014-12-30 Listing Removed — BRIGHT MLS
• 2014-12-01 Listed $109,900 MRIS
• 2014-12-01 Listed $109,900 BRIGHT MLS
• 2014-06-12 Sold (MLS) $84,000 BRIGHT MLS
• 2014-06-12 Sold (MLS) $84,000 MRIS
• 2014-06-09 Listing Removed — BRIGHT MLS
• 2014-06-09 Listed $94,000 BRIGHT MLS
• 2014-06-09 Delisted — MRIS
• 2014-06-09 Listed $94,000 MRIS
• 2011-05-27 Sold (MLS) $66,000 MRIS
• 2011-05-27 Sold (MLS) $66,000 BRIGHT MLS
• 2011-05-12 Pending — MRIS
• 2011-04-11 Listing Removed — BRIGHT MLS
• 2011-04-01 Price Changed $74,900 MRIS
• 2011-02-24 Listed $89,500 MRIS
• 2011-02-24 Listed $74,900 BRIGHT MLS
• 2010-09-12 Delisted — MRIS
• 2010-09-12 Listing Removed — BRIGHT MLS
• 2010-05-19 Listed — MRIS
• 2010-05-19 Listed $134,000 BRIGHT MLS
• 2009-09-23 Delisted — MRIS
• 2009-09-23 Listing Removed — BRIGHT MLS
• 2009-09-22 Relisted — MRIS
• 2009-09-22 Price Changed — MRIS
• 2009-08-21 Contingent — MRIS
• 2009-05-05 Listed — MRIS
• 2009-05-05 Listed $160,000 BRIGHT MLS
• 2007-01-29 Sold (Public Records) $232,900 Public Records
• 2006-09-01 Delisted — MRIS
• 2006-04-07 Listed — MRIS

Property tax history

-1.5%/yr

Latest (2025): $1,682 · +1.5% YoY. Source: county tax records.