4726 3 Oaks Rd · Randallstown, MD 21208

$225,000

3 bd · 2.0 ba · 1,732 sqft · SingleFamily public records · 5 Days on market

Built 1959 7,068 sqft lot Est $352k · 36% under

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Why this score? — see what drove the B- 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 +24.5/30.0
• ARV discount +15.0/15.0
• DSCR +7.9/10.0
• 1% rule +6.3/10.0
• Rent growth +3.9/5.0
• Livability +3.8/5.0
• Condition / age +2.5/5.0
• Schools +2.3/10.0
• Appreciation +0.0/10.0

Listing remarks

MULTIPLE OFFERS HAVE BEEN RECEIVED. OFFER DEADLINE IS MONDAY AT 5PM. INVESTMENT OPPORTUNITY. FULL OF POTENTIAL. PRICED TO SELL. BEING SOLD STRICTLY AS IS. 3 BEDROOM, 2 BATH RANCHER. 2-CAR DRIVEWAY. LEVEL LOT. CLOSE TO COMMUTER ROUTES, SHOPPING & DINING.

Key facts

• 7,068 sq ft lot
• 2 parking spots
• Built 1959

Property features AI

Finance

• Financial info: Fee simple ownership; Property listed as needing major rehabilitation

Exterior

• Parking: Paved driveway with 2 driveway spaces; On-street parking; Total of 2 garage/parking spaces
• Utilities: Public water; Public sewer; Natural gas hot water; Cable TV available; Municipal trash service
• Home design: Detached structure; Combination construction
• Construction: Asphalt roof; Block foundation; Building not winterized; Other structures above and below grade
• Exterior features: Rear yard; Patio(s); Shed

Interior

• Kitchen: Kitchen
• Bedrooms: Three main-level bedrooms
• Flooring: Carpet
• Bathrooms: Two full bathrooms (both on main level)
• Heating & cooling: Forced air heating (natural gas); Electric cooling (other type)
• Interior features: Tub with shower; Partially finished full basement with interior access; Living room and dining room
• Laundry & utility: Utility room

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $225k.

Deal economics

• At list price, monthly cash flow is $461 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $225k).
• Cap rate 8.8% vs local median 4.4% in Randallstown — 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 76/100 on livability (#91 in MD, #3,433 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, employment A+, housing A+; Watch: schools D-, crime F, amenities F.
• Baltimore County Public Schools (suburban): math 15% / reading 34% proficiency, ranked #11 of 24 in MD (top 46%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: Rents rising fast (+5.6%/yr); 171 active listings in the ZIP; 22 comparable units currently listed for rent nearby; rentals at typical pace (median 16d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 1,511 units permitted in Baltimore County in 2024 (643 in 5+ unit buildings).
• This rent runs 34% of the median local income ($90k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• Baltimore County population projected at +12% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 5.6% rent growth), your $63k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• Only 5 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: built in 1959 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $225,000

Questions for the listing agent

1. Built in 1959 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
5. 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.
6. 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.
7. 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: 1.13% ✓
• Cap rate: 8.75%
• Cash-on-cash: 8.78%
• DSCR: 1.39
• GRM: 7.4

CMA / ARV

• ARV (on-the-fly): $351,596
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4726 3 Oaks Rd	0.00mi	3/2.0	1,732 (0%)	1mo	$260,000	$150	99
4814 Old Court Rd	0.26mi	4/2.5 (+1)	1,720 (-1%)	6mo	$350,000	$203	75
4631 Panacea Rd	0.20mi	3/3.0	1,792 (+4%)	8mo	$390,000	$218	74
3947 Setonhurst Rd	0.37mi	3/2.0	1,717 (-1%)	9mo	$331,625	$193	74
3724 Parkfield Rd	0.19mi	3/1.0	1,576 (-9%)	2mo	$276,000	$175	71
4727 Byron Rd	0.30mi	3/2.5	1,800 (+4%)	15mo	$335,000	$186	65
4739 Maryknoll Rd	0.29mi	3/3.0	1,878 (+8%)	8mo	$325,000	$173	61
4817 Valley Forge Rd	0.49mi	3/2.0	1,910 (+10%)	6mo	$420,000	$220	56
8412 Winands Rd	0.19mi	4/2.0 (+1)	1,496 (-14%)	11mo	$330,000	$221	54
3709 Courtleigh Dr	0.65mi	3/2.0	1,626 (-6%)	14mo	$351,000	$216	48
3661 Clifmar Rd	0.51mi	4/2.0 (+1)	1,972 (+14%)	2mo	$245,000	$124	46
3708 Courtleigh Dr	0.67mi	4/2.0 (+1)	1,981 (+14%)	15mo	$405,000	$204	27

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 · 5.64% rent growth · sell at horizon

5-year hold

• IRR: -0.1%
• Equity multiple: 1.00×
• Total profit: $-155
• Equity at exit: $33,548

10-year hold

• IRR: 12.1%
• Equity multiple: 2.07×
• Total profit: $67,716
• Equity at exit: $19,454

Cash invested: $63,000 (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 21208

• Rents YoY: 5.6%
• Active inventory: 171
• Price-to-rent: 7.4×

Monthly cashflow live

• Estimated rent: $2,533 high
• Mortgage (P&I): −$1,180
• Tax from tax record: −$266 /mo · $3,194/yr
• Insurance: −$94
• HOA: −$0
• Vacancy / Maint / Mgmt: −$532
• Net cashflow: $461

Break-even live

Break-even rent $1,949

Max offer price $225,000

Occupancy floor 77%

Sensitivity live

Price	-10% $589	-5% $525	+0% $461	+5% $397	+10% $334
Rent	-10% $261	-5% $361	+0% $461	+5% $561	+10% $661
Rate	-1.0pp $574	-0.5pp $518	base $461	+0.5pp $403	+1.0pp $344

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: $56,250
• Closing costs: $6,750
• Reserves months: —
• Total cash needed: —

Rent comps 22 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4619 Horizon Cir Pikesville, MD	1.0–2.0	1.0–2.0	965	$2,095	$2.17	3d	10	0.30mi
4607 Old Court Rd Pikesville, MD	1.0–2.0	1.0–2.0	944	$1,798	$1.90	3d	14	0.47mi
8246 Church Ln Ste E Windsor Mill, MD	3.0	1.0–2.0	841	$1,890	$2.25	3d	50	0.51mi
3601 Yennar Ln Windsor Mill, MD	1.0–3.0	1.0–1.5	971	$2,171	$2.24	3d	24	0.64mi
3616 Clifmar Rd Windsor Mill, MD	4.0	2.5	2049	$3,000	$1.46	45d	1	0.72mi
7900 Brookford Cir Pikesville, MD	1.0–3.0	1.0–2.0	969	$2,095	$2.16	13d	8	0.77mi
4412 Old Court Rd Pikesville, MD	2.0	2.0	1066	$1,400	$1.31	45d	1	0.84mi
3700 Old Milford Mill Rd Windsor Mill, MD	3.0	3.0	1450	$2,500	$1.72	23d	1	0.85mi
8503 Stevenswood Rd Windsor Mill, MD	4.0	3.0	1880	$3,700	$1.97	45d	1	1.08mi
4 Deauville Ct Pikesville, MD	1.0–3.0	1.0–2.0	1017	$2,111	$2.07	3d	24	1.16mi
8601 Gray Fox Rd Randallstown, MD	1.0–3.0	1.0–2.0	987	$1,815	$1.84	3d	46	1.17mi
3315 N Rolling Rd Windsor Mill, MD	3.0	2.0	1438	$3,600	$2.50	16d	1	1.23mi
8331 Mindale Cir Windsor Mill, MD	2.0	2.0	1180	$1,774	$1.50	3d	5	1.23mi
808 Templecliff Rd Pikesville, MD	3.0	2.0	1200	$2,300	$1.92	13d	1	1.29mi
820 Templecliff Rd Pikesville, MD	4.0	3.0	1980	$3,290	$1.66	21d	1	1.31mi
103 Village of Pine Ct Windsor Mill, MD	1.0–3.0	1.0–2.5	1281	$2,595	$2.02	3d	29	1.38mi
3401 Gaither Rd Windsor Mill, MD	4.0	2.5	1220	$2,750	$2.25	13d	1	1.39mi
3929 Whispering Meadow Dr Randallstown, MD	3.0	2.5	1650	$2,250	$1.36	16d	1	1.42mi
824 Milford Mill Rd Pikesville, MD	4.0	3.0	1601	$3,450	$2.15	45d	1	1.43mi
3220 N Rolling Rd Windsor Mill, MD	4.0	3.0	2052	$4,000	$1.95	45d	1	1.44mi
7910 Subet Rd Windsor Mill, MD	3.0	2.0	1828	$2,995	$1.64	25d	1	1.47mi
4212 Dressage Ct Randallstown, MD	3.0	2.5	2218	$2,500	$1.13	23d	1	1.48mi

Listing history 2 events

1. 2026-05-12
   status Pending
2. 2026-05-07
   listed $225,000 Active

ⓘ 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: $3,194 · $266/mo
• Projected year-2 tax: $3,194 · $266/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 6/10 Major 7 d/yr ≥103°F today · 15 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 17% 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: $30,395
• − Mortgage interest: −$12,603
• − Property taxes: −$3,194
• − Insurance: −$1,125
• − Repairs & maintenance: −$2,432
• − Management: −$2,432
• − Depreciation: −$6,545
• Taxable income: $2,064
• Est. tax owed @ 24.0%: −$495
• After-tax cash flow: $5,038/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: Baltimore County Public Schools
• NCES district ID: 2400120
• Math proficiency: 15% ▼ -16.00%
• Reading proficiency: 34% ▼ -5.00%
• Median HH income: $66,746
• Composite: 23.17/100
• National rank: #7948
• State rank: #11 of 24 in MD

Livability — Randallstown

• Score: 76/100
• State rank: #91
• US rank: #3433

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Randallstown, MD
• County: Baltimore County · 769,527 people
• City population: 31,398
• Metro: Baltimore-Columbia-Towson, MD
• Population (ZIP): 37,276
• Household income: $90,131
• Rent vs Own: 33.1% rent · 66.9% own
• Severe rent burden: 1588.0

Population outlook (Baltimore County) Hauer SSP2

• Today (2025): 885,518 people
• By 2030: 909,272 · +2.7%
• By 2040: 951,547 · +7.5%
• By 2050: 990,955 · +11.9%
• By 2075: 1,086,411 · +22.7%
• By 2100: 1,135,078 · +28.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.59)
• Race & ethnicity: White 47% Black 43% Hispanic / Latino 4% Two or more races 4% Asian 3%
• Common ancestry: Scotch-Irish 4% Romanian 3% Subsaharan African 2%
• Foreign-born: 12% · Canada, China
• Languages at home: 85% English-only · Spanish 4% Other Indo-European 2% Russian/Polish/Slavic 2%

Political lean MEDSL · Baltimore

• 2024 margin: Strong D (+24.5) · D 61.0% · R 36.5% · Other 2.5%
• 2008→2024 swing: +9.9pp toward D · 2008: 14.6pp · 2024: 24.5pp
• All cycles: 2024: D+24.5 2020: D+27.0 2016: D+17.4 2012: D+16.4 2008: D+14.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -299.14%
• Current HPI: 237.5825
• Rent YoY: ▲ 5.64%
• Metro: Baltimore-Columbia-Towson, 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

2 events — show timeline

• 2026-05-12 Pending — BRIGHT MLS
• 2026-05-07 Listed $225,000 BRIGHT MLS

Property tax history

+2.1%/yr

Latest (2025): $3,194 · -28.1% YoY. Source: county tax records.