239 Hampshire St · Bloomington, MD 21523

$99,900

2 bd · 1.0 ba · 950 sqft · SingleFamily public records · 45 Days on market

Built 1955 8,711 sqft lot $105/sqft · 8% above area Est $93k · 8% over

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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).

• Cash flow +17.7/30.0
• Appreciation +6.9/10.0
• DSCR +5.5/10.0
• ARV discount +4.1/15.0
• 1% rule +3.9/10.0
• Livability +2.9/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.0/10.0

Listing remarks MLS

Just enough! This cozy home features many updates including metal roof, electric panel, carpet, linoleum flooring, gas fireplace , insulation, Mitsubishi ductless Mini split for heat and A/C, baseboard heaters and appliances along with a facelift for the bathroom and walls throughout the house. Check out the 3D tour!

Key facts

• 8,711 sq ft lot
• Parking
• Built 1955

Property features AI

Finance

• Other: Fee simple ownership

Exterior

• Parking: Driveway; Detached carport (1 space); Total garage/parking spaces: 1
• Utilities: Public water; Public sewer; Electric service for heating, cooling, and hot water
• Home design: Detached structure; Frame construction; Metal roof; Crawl space foundation; Year built (per assessor); Effective year of major remodel 2020
• Construction: Frame construction; Metal roof; Crawl space foundation; Shed on property
• Exterior features: Patio(s); Shed; Not in a federal flood zone; Blacktop road access; Outside city limits; Additional parcel(s)

Interior

• Kitchen: Electric oven/range; Range hood; Refrigerator
• Bedrooms: 2 bedrooms on main level
• Flooring: Carpet; Vinyl
• Bathrooms: 1 full bathroom on main level
• Heating & cooling: Electric baseboard heating; Wall unit heating; Ductless mini-split cooling (electric); Electric hot water
• Interior features: Entry-level bedroom; No basement; Living room and dining room
• Laundry & utility: Stacked washer/dryer

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $100k.

Deal economics

• At list price, monthly cash flow is $80 ($958/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $89k (11.1% below list).
• Recommended offer: $89k (11.1% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 57/100 on livability (#402 in MD) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+, crime A; Watch: amenities F, commute F, employment F.
• Garrett County Public Schools (rural): math 17% / reading 30% proficiency, ranked #16 of 24 in MD (top 67%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Broad Ford Elementary (math 13% / reading 16%, grade F, #477 of 860 statewide, top 59%, 559 students, 57% FRL); Southern Middle School (math 13% / reading 33%, grade F, #122 of 225 statewide, top 54%, 434 students, 47% FRL); Southern Garrett High School (math 32% / reading 47%, grade F, #136 of 222 statewide, top 61%, 624 students, 44% FRL).
• Market conditions: 3 active listings in the ZIP; 122 units permitted in Garrett County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $4k of equity ($691 loan paydown + $4k appreciation (3.7% local appreciation)).
• Garrett County population projected at -23% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (3.7% appreciation + 3.0% rent growth), your $28k cash investment doubles in ~5 years — after that, you're playing with house money.
• By year 8, paydown + projected appreciation supports a ~$33k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 45 days — a 3% lower offer ($97k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 22y 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 $85k; 18% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1955 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $88,797 (11.1% below list)

Questions for the listing agent

1. It's been on market 45 days. Have you received any prior offers? Is the seller open to a 11% concession, seller financing, or rate buy-down credit?
2. Built in 1955 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
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: 0.89% ✗
• Cap rate: 7.25%
• Cash-on-cash: 3.42%
• DSCR: 1.15
• GRM: 9.4

CMA / ARV

• ARV (median comp): $92,887
• List price: $99,900
• Delta: 7.55%
• Verdict: FAIR
• Comps: 2 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
400 N Branch Ave	0.29mi	3/2.0 (+1)	976 (+3%)	15mo	$120,000	$123	61

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

Projected returns pro-forma

3.74% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 12.6%
• Equity multiple: 1.75×
• Total profit: $21,056
• Equity at exit: $49,139

10-year hold

• IRR: 14.2%
• Equity multiple: 3.25×
• Total profit: $63,052
• Equity at exit: $79,187

Cash invested: $27,972 (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 21523

• Home prices YoY: 3.9%
• Active inventory: 3
• Price-to-rent: 9.4×

Monthly cashflow live

• Estimated rent: $888 medium
• Mortgage (P&I): −$524
• Tax from tax record: −$56 /mo · $674/yr
• Insurance: −$42
• HOA: −$0
• Vacancy / Maint / Mgmt: −$186
• Net cashflow: $80

Break-even live

Break-even rent $787

Max offer price $99,900

Occupancy floor 86%

Sensitivity live

Price	-10% $136	-5% $108	+0% $80	+5% $52	+10% $23
Rent	-10% $10	-5% $45	+0% $80	+5% $115	+10% $150
Rate	-1.0pp $130	-0.5pp $105	base $80	+0.5pp $54	+1.0pp $28

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: $24,975
• Closing costs: $2,997
• Reserves months: —
• Total cash needed: —

Listing history 40 events

1. 2026-06-21
   days on market $99,900 Active 45 DOM
2. 2026-06-21
   days on market $99,900 Active 44 DOM
3. 2026-06-18
   days on market $99,900 Active 42 DOM
4. 2026-06-17
   days on market $99,900 Active 41 DOM
5. 2026-06-16
   days on market $99,900 Active 40 DOM
6. 2026-06-15
   days on market $99,900 Active 39 DOM
7. 2026-06-13
   days on market $99,900 Active 37 DOM
8. 2026-06-12
   days on market $99,900 Active 36 DOM
9. 2026-06-09
   days on market $99,900 Active 33 DOM
10. 2026-06-08
    days on market $99,900 Active 32 DOM
11. 2026-06-07
    days on market $99,900 Active 31 DOM
12. 2026-06-07
    days on market $99,900 Active 30 DOM
13. 2026-06-04
    days on market $99,900 Active 27 DOM
14. 2026-06-02
    days on market $99,900 Active 26 DOM
15. 2026-06-01
    days on market $99,900 Active 25 DOM
16. 2026-05-31
    days on market $99,900 Active 24 DOM
17. 2026-05-31
    days on market $99,900 Active 23 DOM
18. 2026-05-07
    listed $99,900 Active 400-char remark
19. 2026-05-01
    historical $99,900 400-char remark
20. 2024-05-03
    soldstatus $85,000
21. 2024-04-30
    soldstatus $85,000 Closed 319-char remark

    Show marketing remark (319 chars)

    Just enough! This cozy home features many updates including metal roof, electric panel, carpet, linoleum flooring, gas fireplace , insulation, Mitsubishi ductless Mini split for heat and A/C, baseboard heaters and appliances along with a facelift for the bathroom and walls throughout the house. Check out the 3D tour!

22. 2024-04-18
    status Pending 319-char remark

    Show marketing remark (319 chars)

    Just enough! This cozy home features many updates including metal roof, electric panel, carpet, linoleum flooring, gas fireplace , insulation, Mitsubishi ductless Mini split for heat and A/C, baseboard heaters and appliances along with a facelift for the bathroom and walls throughout the house. Check out the 3D tour!

23. 2024-03-23
    historical Active Under Contract 319-char remark

    Show marketing remark (319 chars)

    Just enough! This cozy home features many updates including metal roof, electric panel, carpet, linoleum flooring, gas fireplace , insulation, Mitsubishi ductless Mini split for heat and A/C, baseboard heaters and appliances along with a facelift for the bathroom and walls throughout the house. Check out the 3D tour!

24. 2024-01-30
    price $79,000 319-char remark

    Show marketing remark (319 chars)

    Just enough! This cozy home features many updates including metal roof, electric panel, carpet, linoleum flooring, gas fireplace , insulation, Mitsubishi ductless Mini split for heat and A/C, baseboard heaters and appliances along with a facelift for the bathroom and walls throughout the house. Check out the 3D tour!

25. 2023-09-25
    listed $95,000 Active 319-char remark

    Show marketing remark (319 chars)

    Just enough! This cozy home features many updates including metal roof, electric panel, carpet, linoleum flooring, gas fireplace , insulation, Mitsubishi ductless Mini split for heat and A/C, baseboard heaters and appliances along with a facelift for the bathroom and walls throughout the house. Check out the 3D tour!

26. 2019-11-06
    soldstatus $28,000
27. 2019-11-05
    historical

    Show marketing remark (33 chars)

    2BR, 1BA BUNGALOW IN BLOOMINGTON.

28. 2019-11-05
    soldstatus $28,000 Closed

    Show marketing remark (33 chars)

    2BR, 1BA BUNGALOW IN BLOOMINGTON.

29. 2019-09-24
    status Pending

    Show marketing remark (33 chars)

    2BR, 1BA BUNGALOW IN BLOOMINGTON.

30. 2018-01-25
    price $35,800

    Show marketing remark (33 chars)

    2BR, 1BA BUNGALOW IN BLOOMINGTON.

31. 2016-07-29
    listed $46,500 Active

    Show marketing remark (33 chars)

    2BR, 1BA BUNGALOW IN BLOOMINGTON.

32. 2015-02-23
    historical
33. 2015-02-23
    historical
34. 2014-06-30
    listed Active
35. 2014-06-30
    listed $46,500
36. 2005-02-02
    soldstatus $50,000
37. 2005-01-31
    soldstatus $50,000
38. 2004-11-24
    historical
39. 2004-07-22
    listed $50,000
40. 1998-03-18
    soldstatus $1

ⓘ 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: $674 · $56/mo
• Projected year-2 tax: $881 · $73/mo
• Expected delta: +$208/yr (+$17/mo · 30.8%)

ⓘ 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 3/10 Moderate
• 🌡 Heat 4/10 Moderate 8 d/yr ≥90°F today · 20 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 0% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $10,656
• − Mortgage interest: −$5,596
• − Property taxes: −$674
• − Insurance: −$500
• − Repairs & maintenance: −$852
• − Management: −$852
• − Depreciation: −$2,906
• Taxable loss: −$725
• Est. tax savings @ 24.0%: +$174
• After-tax cash flow: $1,132/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: Garrett County Public Schools
• NCES district ID: 2400360
• Math proficiency: 17% ▼ -16.00%
• Reading proficiency: 30% ▼ -13.00%
• Median HH income: $45,705
• Composite: 20.36/100
• National rank: #8600
• State rank: #16 of 24 in MD

Livability — Bloomington

• Score: 57/100
• State rank: #402
• US rank: #22227

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Bloomington, MD
• City population: 165
• Population (ZIP): 165

Population outlook (Garrett County) Hauer SSP2

• Today (2025): 28,304 people
• By 2030: 27,248 · -3.7%
• By 2040: 24,596 · -13.1%
• By 2050: 21,703 · -23.3%
• By 2075: 15,766 · -44.3%
• By 2100: 11,363 · -59.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (81%)
• Race & ethnicity: White 81% Asian 11% Two or more races 8%
• Common ancestry: Romanian 5%
• Foreign-born: 11% · Philippines
• Languages at home: 89% English-only · Other Asian/Pacific 11%

Political lean MEDSL · Garrett

• 2024 margin: Solid R (+54.0) · D 21.9% · R 75.9% · Other 2.2%
• 2008→2024 swing: -13.9pp toward R · 2008: -40.1pp · 2024: -54.0pp
• All cycles: 2024: R+54.0 2020: R+55.9 2016: R+61.5 2012: R+52.1 2008: R+40.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 3.74%
• Current HPI: 99.7146
• Rent YoY: —
• Metro: —
• 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

+99.8% since first listed

23 events — show timeline

• 2026-05-07 Listed $99,900 BRIGHT MLS
• 2026-05-01 Coming Soon $99,900 BRIGHT MLS
• 2024-05-03 Sold (Public Records) $85,000 Public Records
• 2024-04-30 Sold (MLS) $85,000 BRIGHT MLS
• 2024-04-18 Pending — BRIGHT MLS
• 2024-03-23 Contingent — BRIGHT MLS
• 2024-01-30 Price Changed $79,000 BRIGHT MLS
• 2023-09-25 Listed $95,000 BRIGHT MLS
• 2019-11-06 Sold (Public Records) $28,000 Public Records
• 2019-11-05 Listing Removed — BRIGHT MLS
• 2019-11-05 Sold (MLS) $28,000 BRIGHT MLS
• 2019-09-24 Pending — BRIGHT MLS
• 2018-01-25 Price Changed $35,800 BRIGHT MLS
• 2016-07-29 Listed $46,500 BRIGHT MLS
• 2015-02-23 Delisted — MRIS
• 2015-02-23 Listing Removed — BRIGHT MLS
• 2014-06-30 Listed — MRIS
• 2014-06-30 Listed $46,500 BRIGHT MLS
• 2005-02-02 Sold (Public Records) $50,000 Public Records
• 2005-01-31 Sold (MLS) $50,000 MRIS
• 2004-11-24 Delisted — MRIS
• 2004-07-22 Listed $50,000 MRIS
• 1998-03-18 Sold (Public Records) $1 Public Records

Property tax history

+2.6%/yr

Latest (2025): $674 · +32.4% YoY. Source: county tax records.