107 W High St · North East, MD 21901

$200,000

3 bd · 2.0 ba · 1,534 sqft · SingleFamily public records · 85 Days on market

Built 1915 5,662 sqft lot $130/sqft · 32% below area Est $294k · 32% under

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Why this score? — see what drove the C+ 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 +21.4/30.0
• ARV discount +15.0/15.0
• DSCR +6.8/10.0
• 1% rule +5.4/10.0
• Livability +3.5/5.0
• Rent growth +3.4/5.0
• Condition / age +2.5/5.0
• Schools +2.2/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

OPPORTUNITY KNOCKS for investor with income producing potential, resale or personalize it for yourself. Charming older home with 3 bedrooms, 2 full baths on a dead end street within walking distance to all the conveniences, restaurants and shops of the highly sought after quintessential Main St, North East. Eat in kitchen, dining room, living room, full bath and laundry room all on main floor. Upstairs is another full bath with 3 Bedrooms. Home being sold AS IS. No repairs will be made.

Key facts

• Eat in kitchen
• Living room
• Dining room

Tags

• INCOME PRODUCING POTENTIAL
• RESTAURANTS AND SHOPS
• EAT IN KITCHEN
• DINING ROOM
• LIVING ROOM
• FULL BATH

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $200k.

Deal economics

• At list price, monthly cash flow is $297 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $200k).
• Recommended offer: $188k (6.0% below list) — sets the bar for market timing.
• Cap rate 8.1% vs local median 3.2% in North East — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 70/100 on livability (#164 in MD) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+, housing A; Watch: amenities D+, schools D-, crime D-.
• Cecil County Public Schools (rural): math 15% / reading 30% proficiency, ranked #15 of 24 in MD (top 62%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: Rents rising (+3.4%/yr); 161 active listings in the ZIP; 2 comparable units currently listed for rent nearby; high-income renter base; 563 units permitted in Cecil County in 2024 (330 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 85 days — a 6% lower offer ($188k) is reasonable based on typical stale-listing flexibility.
• 16 sale attempts since 31y ago; this cycle's ask has dropped $25k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $70k; list at $200k implies a 186% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1915 — 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 $188,000 (6.0% below list)

Questions for the listing agent

1. It's been on market 85 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1915 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. Crime grade is D 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. 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.
8. 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.
9. 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: 1.04% ✓
• Cap rate: 8.08%
• Cash-on-cash: 6.37%
• DSCR: 1.28
• GRM: 8.0

CMA / ARV

• ARV (median comp): $294,389
• List price: $200,000
• Delta: -32.06%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 11 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
119 E Cecil Ave	0.31mi	3/—	1,463 (-5%)	0mo	$340,000	$232	77
14 W Walnut St	0.72mi	3/2.5	1,568 (+2%)	1mo	$335,000	$214	60
105 W Walnut St	0.69mi	3/2.0	1,500 (-2%)	6mo	$315,000	$210	59
6 Mallory Way	0.65mi	3/2.0	1,617 (+5%)	4mo	$370,000	$229	57
224 W Cecil Ave	0.25mi	4/2.5 (+1)	1,698 (+11%)	8mo	$210,000	$124	57
50 Roosevelt Ave	0.63mi	3/3.0	1,548 (+1%)	11mo	$341,000	$220	56
16 W Walnut St	0.72mi	3/2.5	1,652 (+8%)	0mo	$410,000	$248	51
410 Merrey St	0.45mi	2/2.0 (-1)	1,340 (-13%)	4mo	$350,000	$261	50
3 Mallory Way	0.64mi	3/2.0	1,658 (+8%)	10mo	$364,900	$220	49
29 Lincoln Ave	0.57mi	4/2.0 (+1)	1,406 (-8%)	17mo	$317,500	$226	40
7 May St	0.64mi	2/1.5 (-1)	1,440 (-6%)	20mo	$155,000	$108	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 · 3.41% rent growth · sell at horizon

5-year hold

• IRR: -6.0%
• Equity multiple: 0.77×
• Total profit: $-12,612
• Equity at exit: $29,821

10-year hold

• IRR: 4.1%
• Equity multiple: 1.30×
• Total profit: $16,982
• Equity at exit: $17,292

Cash invested: $56,000 (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 21901

• Home prices YoY: -34.5%
• Rents YoY: 3.4%
• Active inventory: 161
• Price-to-rent: 8.0×

Monthly cashflow live

• Estimated rent: $2,077 medium
• Mortgage (P&I): −$1,049
• Tax from tax record: −$212 /mo · $2,540/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$436
• Net cashflow: $297

Break-even live

Break-even rent $1,701

Max offer price $200,000

Occupancy floor 81%

Sensitivity live

Price	-10% $410	-5% $354	+0% $297	+5% $241	+10% $184
Rent	-10% $133	-5% $215	+0% $297	+5% $379	+10% $461
Rate	-1.0pp $398	-0.5pp $348	base $297	+0.5pp $245	+1.0pp $193

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: $50,000
• Closing costs: $6,000
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
100 Cypress Dr North East, MD	3.0	1.5	1540	$2,000	$1.30	3d	1	0.63mi
30 Sycamore Dr North East, MD	2.0	1.5	1188	$1,750	$1.47	17d	1	0.76mi

Listing history 49 events

1. 2026-06-02
   statusdays on market $200,000 Pending 85 DOM
2. 2026-06-01
   days on market $200,000 Active 84 DOM
3. 2026-05-31
   days on market $200,000 Active 83 DOM
4. 2026-04-14
   price $200,000 493-char remark

   Show marketing remark (493 chars)

   OPPORTUNITY KNOCKS for investor with income producing potential, resale or personalize it for yourself. Charming older home with 3 bedrooms, 2 full baths on a dead end street within walking distance to all the conveniences, restaurants and shops of the highly sought after quintessential Main St, North East. Eat in kitchen, dining room, living room, full bath and laundry room all on main floor. Upstairs is another full bath with 3 Bedrooms. Home being sold AS IS. No repairs will be made.

5. 2026-03-30
   status Active 493-char remark

   Show marketing remark (493 chars)

   OPPORTUNITY KNOCKS for investor with income producing potential, resale or personalize it for yourself. Charming older home with 3 bedrooms, 2 full baths on a dead end street within walking distance to all the conveniences, restaurants and shops of the highly sought after quintessential Main St, North East. Eat in kitchen, dining room, living room, full bath and laundry room all on main floor. Upstairs is another full bath with 3 Bedrooms. Home being sold AS IS. No repairs will be made.

6. 2026-03-27
   historical Active Under Contract 493-char remark

   Show marketing remark (493 chars)

   OPPORTUNITY KNOCKS for investor with income producing potential, resale or personalize it for yourself. Charming older home with 3 bedrooms, 2 full baths on a dead end street within walking distance to all the conveniences, restaurants and shops of the highly sought after quintessential Main St, North East. Eat in kitchen, dining room, living room, full bath and laundry room all on main floor. Upstairs is another full bath with 3 Bedrooms. Home being sold AS IS. No repairs will be made.

7. 2026-03-27
   status Pending 493-char remark

   Show marketing remark (493 chars)

   OPPORTUNITY KNOCKS for investor with income producing potential, resale or personalize it for yourself. Charming older home with 3 bedrooms, 2 full baths on a dead end street within walking distance to all the conveniences, restaurants and shops of the highly sought after quintessential Main St, North East. Eat in kitchen, dining room, living room, full bath and laundry room all on main floor. Upstairs is another full bath with 3 Bedrooms. Home being sold AS IS. No repairs will be made.

8. 2026-03-19
   price $215,000 493-char remark

   Show marketing remark (493 chars)

   OPPORTUNITY KNOCKS for investor with income producing potential, resale or personalize it for yourself. Charming older home with 3 bedrooms, 2 full baths on a dead end street within walking distance to all the conveniences, restaurants and shops of the highly sought after quintessential Main St, North East. Eat in kitchen, dining room, living room, full bath and laundry room all on main floor. Upstairs is another full bath with 3 Bedrooms. Home being sold AS IS. No repairs will be made.

9. 2026-03-06
   listed $225,000 Active 493-char remark

   Show marketing remark (493 chars)

   OPPORTUNITY KNOCKS for investor with income producing potential, resale or personalize it for yourself. Charming older home with 3 bedrooms, 2 full baths on a dead end street within walking distance to all the conveniences, restaurants and shops of the highly sought after quintessential Main St, North East. Eat in kitchen, dining room, living room, full bath and laundry room all on main floor. Upstairs is another full bath with 3 Bedrooms. Home being sold AS IS. No repairs will be made.

10. 2014-10-31
    soldstatus $70,000 368-char remark

    Show marketing remark (368 chars)

    Built in 1915, your buyer will find this Victorian a great home. Large back yard and 12x16 outbuilding and located on a cul de sac. There is an updated kitchen, newer windows, and updated electric. This house is owned by the Secretary of Veterans Affairs and is being sold in AS IS condition with no warranties implied or written. We will not be using a state contract

11. 2014-10-31
    soldstatus $70,000 Sold

    Show marketing remark (368 chars)

    Built in 1915, your buyer will find this Victorian a great home. Large back yard and 12x16 outbuilding and located on a cul de sac. There is an updated kitchen, newer windows, and updated electric. This house is owned by the Secretary of Veterans Affairs and is being sold in AS IS condition with no warranties implied or written. We will not be using a state contract

12. 2014-10-31
    soldstatus $70,000

    Show marketing remark (368 chars)

    Built in 1915, your buyer will find this Victorian a great home. Large back yard and 12x16 outbuilding and located on a cul de sac. There is an updated kitchen, newer windows, and updated electric. This house is owned by the Secretary of Veterans Affairs and is being sold in AS IS condition with no warranties implied or written. We will not be using a state contract

13. 2014-10-31
    soldstatus $70,000

    Show marketing remark (368 chars)

    Built in 1915, your buyer will find this Victorian a great home. Large back yard and 12x16 outbuilding and located on a cul de sac. There is an updated kitchen, newer windows, and updated electric. This house is owned by the Secretary of Veterans Affairs and is being sold in AS IS condition with no warranties implied or written. We will not be using a state contract

14. 2014-10-11
    status Contract

    Show marketing remark (368 chars)

    Built in 1915, your buyer will find this Victorian a great home. Large back yard and 12x16 outbuilding and located on a cul de sac. There is an updated kitchen, newer windows, and updated electric. This house is owned by the Secretary of Veterans Affairs and is being sold in AS IS condition with no warranties implied or written. We will not be using a state contract

15. 2014-10-11
    historical 368-char remark

    Show marketing remark (368 chars)

    Built in 1915, your buyer will find this Victorian a great home. Large back yard and 12x16 outbuilding and located on a cul de sac. There is an updated kitchen, newer windows, and updated electric. This house is owned by the Secretary of Veterans Affairs and is being sold in AS IS condition with no warranties implied or written. We will not be using a state contract

16. 2014-09-26
    price $69,900
17. 2014-09-11
    status Active
18. 2014-09-09
    historical
19. 2014-09-05
    price $79,900
20. 2014-09-04
    status Active
21. 2014-06-24
    status Contract
22. 2014-06-24
    price $84,900
23. 2014-05-31
    price $89,900
24. 2014-04-22
    listed $103,000 Active
25. 2014-04-21
    listed $69,900 368-char remark

    Show marketing remark (368 chars)

    Built in 1915, your buyer will find this Victorian a great home. Large back yard and 12x16 outbuilding and located on a cul de sac. There is an updated kitchen, newer windows, and updated electric. This house is owned by the Secretary of Veterans Affairs and is being sold in AS IS condition with no warranties implied or written. We will not be using a state contract

26. 2014-04-21
    listed $69,900

    Show marketing remark (368 chars)

    Built in 1915, your buyer will find this Victorian a great home. Large back yard and 12x16 outbuilding and located on a cul de sac. There is an updated kitchen, newer windows, and updated electric. This house is owned by the Secretary of Veterans Affairs and is being sold in AS IS condition with no warranties implied or written. We will not be using a state contract

27. 2014-04-21
    listed $69,900

    Show marketing remark (368 chars)

    Built in 1915, your buyer will find this Victorian a great home. Large back yard and 12x16 outbuilding and located on a cul de sac. There is an updated kitchen, newer windows, and updated electric. This house is owned by the Secretary of Veterans Affairs and is being sold in AS IS condition with no warranties implied or written. We will not be using a state contract

28. 2008-09-10
    soldstatus $149,900
29. 2008-08-25
    soldstatus $149,900 Sold
30. 2008-08-04
    historical
31. 2008-07-31
    status
32. 2008-07-21
    historical
33. 2008-07-08
    price $149,900
34. 2008-05-31
    listed $154,900
35. 2008-03-02
    historical
36. 2007-12-06
    listed
37. 2007-12-03
    historical
38. 2007-11-28
    listed
39. 2001-12-18
    soldstatus $90,000
40. 2001-12-14
    soldstatus $90,000
41. 2001-11-30
    historical
42. 2001-09-25
    listed $85,000
43. 2001-01-12
    historical
44. 1999-12-14
    listed
45. 1998-08-04
    historical
46. 1998-04-07
    listed
47. 1996-12-31
    historical
48. 1996-05-08
    soldstatus $71,100
49. 1995-10-18
    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: $2,540 · $212/mo
• Projected year-2 tax: $2,540 · $212/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 4/10 Moderate
• 🌡 Heat 7/10 Severe 7 d/yr ≥105°F today · 15 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 5/10 Major 6 unhealthy d/yr today · 8 by 30 yrs out

Taxation est. · year 1

• Rental income: $24,927
• − Mortgage interest: −$11,203
• − Property taxes: −$2,540
• − Insurance: −$1,000
• − Repairs & maintenance: −$1,994
• − Management: −$1,994
• − Depreciation: −$5,818
• Taxable income: $377
• Est. tax owed @ 24.0%: −$91
• After-tax cash flow: $3,476/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: Cecil County Public Schools
• NCES district ID: 2400240
• Math proficiency: 15% ▼ -21.00%
• Reading proficiency: 30% ▼ -15.00%
• Median HH income: $66,544
• Composite: 21.51/100
• National rank: #8322
• State rank: #15 of 24 in MD

Livability — North East

• Score: 70/100
• State rank: #164
• US rank: #7366

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: North East, MD
• County: Cecil County · 65,041 people
• City population: 19,514
• Metro: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
• Population (ZIP): 19,514
• Household income: $113,719
• Rent vs Own: 26.9% rent · 73.1% own
• Severe rent burden: 427.0

Population outlook (Cecil County) Hauer SSP2

• Today (2025): 105,877 people
• By 2030: 106,905 · +1.0%
• By 2040: 107,156 · +1.2%
• By 2050: 104,170 · -1.6%
• By 2075: 95,771 · -9.5%
• By 2100: 82,381 · -22.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (85%)
• Race & ethnicity: White 85% Black 7% Two or more races 5% Hispanic / Latino 3%
• Common ancestry: Italian 4% Romanian 4% Slovak 3%
• Foreign-born: 2% · Canada
• Languages at home: 96% English-only · Spanish 2% German/W. Germanic 0%

Political lean MEDSL · Cecil

• 2024 margin: Solid R (+30.9) · D 33.5% · R 64.4% · Other 2.1%
• 2008→2024 swing: -16.3pp toward R · 2008: -14.6pp · 2024: -30.9pp
• All cycles: 2024: R+30.9 2020: R+26.6 2016: R+35.3 2012: R+20.4 2008: R+14.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -124.98%
• Current HPI: 236.852
• Rent YoY: ▲ 3.41%
• Metro: Philadelphia-Camden-Wilmington, PA-NJ-DE-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

+181.3% since first listed

46 events — show timeline

• 2026-04-14 Price Changed $200,000 BRIGHT MLS
• 2026-03-30 Relisted — BRIGHT MLS
• 2026-03-27 Contingent — BRIGHT MLS
• 2026-03-27 Pending — BRIGHT MLS
• 2026-03-19 Price Changed $215,000 BRIGHT MLS
• 2026-03-06 Listed $225,000 BRIGHT MLS
• 2014-10-31 Sold (MLS) $70,000 TREND
• 2014-10-31 Sold (MLS) $70,000 BRIGHT MLS
• 2014-10-31 Sold (MLS) $70,000 MRIS
• 2014-10-31 Sold (MLS) $70,000 BRIGHT MLS
• 2014-10-11 Pending — MRIS
• 2014-10-11 Listing Removed — BRIGHT MLS
• 2014-09-26 Price Changed $69,900 MRIS
• 2014-09-11 Relisted — MRIS
• 2014-09-09 Delisted — MRIS
• 2014-09-05 Price Changed $79,900 MRIS
• 2014-09-04 Relisted — MRIS
• 2014-06-24 Price Changed $84,900 MRIS
• 2014-06-24 Pending — MRIS
• 2014-05-31 Price Changed $89,900 MRIS
• 2014-04-22 Listed $103,000 MRIS
• 2014-04-21 Listed $69,900 TREND
• 2014-04-21 Listed $69,900 BRIGHT MLS
• 2014-04-21 Listed $69,900 BRIGHT MLS
• 2008-09-10 Sold (Public Records) $149,900 Public Records
• 2008-08-25 Sold (MLS) $149,900 MRIS
• 2008-08-04 Delisted — MRIS
• 2008-07-31 Relisted — MRIS
• 2008-07-21 Delisted — MRIS
• 2008-07-08 Price Changed $149,900 MRIS
• 2008-05-31 Listed $154,900 MRIS
• 2008-03-02 Delisted — MRIS
• 2007-12-06 Listed — MRIS
• 2007-12-03 Delisted — MRIS
• 2007-11-28 Listed — MRIS
• 2001-12-18 Sold (Public Records) $90,000 Public Records
• 2001-12-14 Sold (MLS) $90,000 MRIS
• 2001-11-30 Delisted — MRIS
• 2001-09-25 Listed $85,000 MRIS
• 2001-01-12 Delisted — MRIS
• 1999-12-14 Listed — MRIS
• 1998-08-04 Delisted — MRIS
• 1998-04-07 Listed — MRIS
• 1996-12-31 Delisted — MRIS
• 1996-05-08 Sold (Public Records) $71,100 Public Records
• 1995-10-18 Listed — MRIS

Property tax history

+0.7%/yr

Latest (2025): $2,540 · +5.5% YoY. Source: county tax records.