1625 Chilton St · Baltimore, MD 21218

$199,900

4 bd · 1.5 ba · 1,389 sqft · Townhouse public records · 10 Days on market

Built 1930 1,971 sqft lot Est $238k · 16% under

---

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 +22.5/30.0
• ARV discount +14.6/15.0
• DSCR +7.2/10.0
• 1% rule +5.3/10.0
• Livability +3.8/5.0
• Rent growth +2.9/5.0
• Condition / age +2.5/5.0
• Schools +1.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

3 level town home minutes from major routes, schools, shopping, less than 1 mile to Clifton Park and Golf Course.

Key facts

• Baseboard molding
• Finished basement
• Recessed lighting

Tags

• HARDWOOD FLOORS
• RECESSED LIGHTING
• BASEBOARD MOLDING
• STAINLESS STEEL APPLIANCES
• GAS RANGE
• FINISHED BASEMENT

Property features AI

Exterior

• Parking: Driveway parking; Two driveway spaces (total of 2 garage/parking spaces)
• Utilities: Public water; Public sewer; Municipal trash service
• Home design: Interior townhouse/rowhouse; Effective year built 2020; Very good condition; Fee simple ownership
• Construction: Brick construction; Stone foundation; Building not winterized
• Exterior features: Above grade structures; Annual ground rent

Interior

• Kitchen: Built-in microwave; Cooktop; Oven/Range - Gas; Dishwasher; Refrigerator; Stainless steel appliances
• Bedrooms: Four bedrooms on the upper level
• Flooring: Hardwood
• Bathrooms: Two full bathrooms (all upper levels); One half bathroom on the main level
• Heating & cooling: Central heating (natural gas); Central air conditioning (electric); Natural gas hot water
• Interior features: Fully finished full basement; Not furnished
• Laundry & utility: Washer and dryer in unit; Laundry located in basement

What this means for you Summary

Snapshot

• This is a 4-bed/1.5-bath townhouse listed at $200k.

Deal economics

• At list price, monthly cash flow is $336 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $200k).
• Cap rate 8.3% vs local median 6.0% in Baltimore — 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 (#90 in MD, #3,396 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, housing A+; Watch: crime F.
• Baltimore City Public Schools (urban): math 7% / reading 16% proficiency, ranked #24 of 24 in MD (top 100%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 79% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Elmer A. Henderson: A Johns Hopkins Partnership (math 2% / reading 16%, grade F, #650 of 860 statewide, top 77%, 642 students, 80% FRL); Baltimore Polytechnic Institute (math 71% / reading 84%, grade A-, #22 of 222 statewide, top 10%, 1,555 students, 43% FRL) — zoned schools average 62% FRL vs 79% district-wide (17 pts lower); this property's tenant base skews higher-income than the district average.
• Zoned-school proficiency averages 43% at this address vs 12% district-wide (+32 pts) — the actual schools serving this property are materially stronger than the Baltimore City Public Schools average implies; a family-tenant draw the district grade alone would hide.
• Market conditions: Rents rising (+1.6%/yr); 330 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 1,273 units permitted in Baltimore city in 2024 (1,104 in 5+ unit buildings).
• This rent runs 39% of the median local income ($62k/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 $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
• Baltimore County population projected to shrink 4% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• Only 10 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts since 8y 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 $26k; list at $200k implies a 669% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1930 — 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 $199,900

Questions for the listing agent

1. Built in 1930 — 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: 1.03% ✓
• Cap rate: 8.31%
• Cash-on-cash: 7.20%
• DSCR: 1.32
• GRM: 8.1

CMA / ARV

• ARV (on-the-fly): $237,519
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1632 E 31st St	0.09mi	3/1.0 (-1)	1,280 (-8%)	0mo	$94,500	$74	76
1809 E 32nd St	0.16mi	3/1.5 (-1)	1,280 (-8%)	1mo	$82,000	$64	74
1723 E 32nd St	0.11mi	3/2.0 (-1)	1,280 (-8%)	2mo	$128,000	$100	73
3807 Elkader Rd	0.70mi	4/2.0	1,352 (-3%)	0mo	$235,000	$174	61
3825 Elkader Rd	0.73mi	4/2.0	1,352 (-3%)	1mo	$275,000	$203	59
2770 The Alameda	0.35mi	3/1.0 (-1)	1,250 (-10%)	3mo	$115,000	$92	58
831 E 33rd St	0.58mi	3/2.0 (-1)	1,470 (+6%)	2mo	$300,000	$204	54
2545 Cecil Ave	0.64mi	3/2.5 (-1)	1,318 (-5%)	1mo	$215,000	$163	52
3626 Kimble Rd	0.58mi	3/1.0 (-1)	1,280 (-8%)	2mo	$310,000	$242	51
1120 Montpelier St	0.56mi	3/2.0 (-1)	1,260 (-9%)	2mo	$70,000	$56	50
1101 Andover Rd	0.74mi	4/2.0	1,500 (+8%)	2mo	$257,000	$171	49
2559 Garrett Ave	0.60mi	3/3.0 (-1)	1,202 (-14%)	2mo	$205,000	$171	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 · 1.63% rent growth · sell at horizon

5-year hold

• IRR: -6.8%
• Equity multiple: 0.75×
• Total profit: $-13,822
• Equity at exit: $29,806

10-year hold

• IRR: 1.1%
• Equity multiple: 1.08×
• Total profit: $4,243
• Equity at exit: $17,284

Cash invested: $55,972 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (CITY): 12 Strongly Tenant-Friendly
• State Maryland: 27 Tenant-Leaning · D+14
• County: — inherits STATE
• City Baltimore: 12 Strongly Tenant-Friendly · D+58

Just-cause for tenancies > 1 yr.

Methodology + full state rankings →

ZIP-level market 21218

• Rents YoY: 1.6%
• Active inventory: 330
• Price-to-rent: 8.1×

Monthly cashflow live

• Estimated rent: $2,056 high
• Mortgage (P&I): −$1,048
• Tax from tax record: −$157 /mo · $1,881/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$432
• Net cashflow: $336

Break-even live

Break-even rent $1,631

Max offer price $199,900

Occupancy floor 79%

Sensitivity live

Price	-10% $449	-5% $392	+0% $336	+5% $279	+10% $223
Rent	-10% $173	-5% $255	+0% $336	+5% $417	+10% $498
Rate	-1.0pp $437	-0.5pp $387	base $336	+0.5pp $284	+1.0pp $231

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: $49,975
• Closing costs: $5,997
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1702 E 32nd St Baltimore, MD	3.0	2.0	1344	$2,300	$1.71	45d	1	0.06mi
2915 Kirk Ave Baltimore, MD	4.0	2.5	1710	$2,200	$1.29	0d	1	0.17mi
1519 E 28th St Baltimore, MD	3.0	2.0	1100	$1,350	$1.23	45d	1	0.24mi
1802 E 28th St Baltimore, MD	3.0	1.0	1300	$1,600	$1.23	25d	1	0.24mi
1832 E 28th St Baltimore, MD	3.0	1.0	1066	$1,495	$1.40	25d	1	0.27mi
1539 Abbotston St Baltimore, MD	3.0	2.0	1800	$1,995	$1.11	45d	1	0.29mi
1502 Fernley Rd Baltimore, MD	3.0	2.0	1350	$2,800	$2.07	45d	1	0.33mi
2624 Garrett Ave Baltimore, MD	3.0	1.0	1400	$1,750	$1.25	0d	1	0.52mi
3616 Yolando Rd Baltimore, MD	3.0	2.0	1360	$1,900	$1.40	0d	1	0.55mi
3222 Ellerslie Ave Baltimore, MD	4.0	1.5	1550	$1,950	$1.26	45d	1	0.58mi
724 E 35th St Baltimore, MD	3.0	1.5	1368	$2,000	$1.46	16d	1	0.72mi
925 Chestnut Hill Ave Baltimore, MD	3.0	1.0	1280	$1,895	$1.48	0d	1	0.73mi
2328 Aiken St Baltimore, MD	3.0	1.0	1406	$1,650	$1.17	0d	1	0.77mi
616 Montpelier St Baltimore, MD	3.0	1.0	1150	$1,750	$1.52	12d	1	0.78mi
1607 Cliftview Ave Baltimore, MD	3.0	1.0	1200	$1,475	$1.23	45d	1	0.84mi
3721 Ellerslie Ave Baltimore, MD	1.0–3.0	1.0–2.0	924	$1,603	$1.73	0d	1	0.84mi
2310 Aisquith St Baltimore, MD	4.0	3.0	900	$2,000	$2.22	6d	1	0.84mi
1539 Ralworth Rd Baltimore, MD	3.0	2.0	1580	$1,950	$1.23	16d	1	0.84mi
519 E 28th St Baltimore, MD	3.0	2.0	1500	$2,000	$1.33	6d	1	0.88mi
1617 Argonne Dr Baltimore, MD	4.0	2.0	1200	$2,550	$2.12	45d	1	0.90mi
3529 Greenmount Ave Baltimore, MD	3.0	2.0	1316	$1,575	$1.20	45d	1	0.93mi
3203 Clarence Ave Baltimore, MD	5.0	1.0	1388	$1,865	$1.34	45d	1	0.98mi
420 E 28th St Unit 1 Baltimore, MD	5.0	2.5	1600	$2,600	$1.62	6d	1	0.99mi
348 E University Pkwy Baltimore, MD	4.0	2.0	1809	$2,400	$1.33	45d	1	1.00mi
402 E 28th St Baltimore, MD	3.0	1.0	1436	$2,200	$1.53	45d	1	1.01mi
450 E Lorraine Ave Baltimore, MD	3.0	1.0	1344	$1,695	$1.26	45d	1	1.01mi
2113 Belair Rd Baltimore, MD	4.0	1.0	1344	$1,795	$1.34	0d	1	1.04mi
428 E Lorraine Ave Unit 1 Baltimore, MD	3.0	1.5	1344	$1,875	$1.40	45d	1	1.04mi
428 E Lorraine Ave Baltimore, MD	3.0	2.0	1344	$1,875	$1.40	25d	1	1.04mi
411 E Lorraine Ave Baltimore, MD	3.0	1.5	1344	$2,200	$1.64	25d	1	1.07mi
400 E Lorraine Ave Baltimore, MD	3.0	1.0	1500	$1,800	$1.20	22d	1	1.07mi
2828 Lake Ave Baltimore, MD	3.0	2.0	1164	$1,850	$1.59	6d	1	1.08mi
3221 Guilford Ave Apt A Baltimore, MD	3.0	1.5	1025	$2,925	$2.85	19d	1	1.08mi
3218 Lyndale Ave Baltimore, MD	3.0	1.5	1020	$1,500	$1.47	25d	1	1.08mi
3222 Lyndale Ave Unit 1 Baltimore, MD	3.0	1.5	1500	$2,200	$1.47	14d	1	1.09mi
2735 Chesterfield Ave Baltimore, MD	3.0	2.5	1536	$2,000	$1.30	12d	1	1.09mi
1814 E Lafayette Ave Baltimore, MD	4.0	2.0	1200	$1,995	$1.66	25d	1	1.11mi
1333 E North Ave Baltimore, MD	4.0	2.5	1860	$2,200	$1.18	25d	1	1.12mi
2516 Barclay St Baltimore, MD	3.0	1.0	992	$1,375	$1.39	18d	1	1.13mi
2817 Pelham Ave Baltimore, MD	3.0	2.0	1464	$1,950	$1.33	25d	1	1.13mi

Listing history 7 events

1. 2026-06-21
   days on market $199,900 Active 10 DOM
2. 2026-06-18
   days on market $199,900 Active 7 DOM
3. 2026-06-17
   days on market $199,900 Active 6 DOM
4. 2026-06-16
   days on market $199,900 Active 5 DOM
5. 2026-06-15
   days on market $199,900 Active 4 DOM
6. 2026-06-13
   remarks 699-char remark
7. 2026-06-13
   listed $199,900 Active 2 DOM

ⓘ 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: $1,881 · $157/mo
• Projected year-2 tax: $2,030 · $169/mo
• Expected delta: +$149/yr (+$12/mo · 7.9%)

ⓘ 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 ≥103°F today · 15 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 6 unhealthy d/yr today · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $24,672
• − Mortgage interest: −$11,198
• − Property taxes: −$1,881
• − Insurance: −$1,000
• − Repairs & maintenance: −$1,974
• − Management: −$1,974
• − Depreciation: −$5,815
• Taxable income: $831
• Est. tax owed @ 24.0%: −$199
• After-tax cash flow: $3,831/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 City Public Schools
• NCES district ID: 2400090
• Math proficiency: 7% ▼ -9.00%
• Reading proficiency: 16% ▼ -5.00%
• Median HH income: $42,108
• Composite: 10.08/100
• National rank: #9805
• State rank: #24 of 24 in MD

Livability — Baltimore

• Score: 76/100
• State rank: #90
• US rank: #3396

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Baltimore, MD
• County: Baltimore City · 558,601 people
• City population: 588,727
• Metro: Baltimore-Columbia-Towson, MD
• Population (ZIP): 44,014
• Household income: $62,488
• Rent vs Own: 51.9% rent · 48.1% own
• Severe rent burden: 2564.0

Population outlook (Baltimore County) Hauer SSP2

• Today (2025): 624,249 people
• By 2030: 621,541 · -0.4%
• By 2040: 609,756 · -2.3%
• By 2050: 597,249 · -4.3%
• By 2075: 552,236 · -11.5%
• By 2100: 513,934 · -17.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.58)
• Race & ethnicity: Black 60% White 26% Two or more races 6% Hispanic / Latino 5% Asian 5%
• Common ancestry: Romanian 2% Italian 1% Scotch-Irish 1%
• Foreign-born: 10% · Canada, China, South Korea
• Languages at home: 87% English-only · Spanish 4% French/Haitian/Cajun 2% Chinese 2%

Political lean MEDSL · Baltimore

• 2024 margin: Solid D (+73.0) · D 85.2% · R 12.2% · Other 2.6%
• 2008→2024 swing: -2.5pp toward R · 2008: 75.5pp · 2024: 73.0pp
• All cycles: 2024: D+73.0 2020: D+76.6 2016: D+74.6 2012: D+76.4 2008: D+75.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -463.14%
• Current HPI: 292.3986
• Rent YoY: ▲ 1.63%
• 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

+299.8% since first listed

5 events — show timeline

• 2026-06-11 Listed $199,900 BRIGHT MLS
• 2019-03-31 Sold (MLS) $26,000 BRIGHT MLS
• 2019-02-06 Pending — BRIGHT MLS
• 2019-01-19 Price Changed $25,000 BRIGHT MLS
• 2018-10-29 Listed $50,000 BRIGHT MLS

Property tax history

-0.0%/yr

Latest (2025): $1,881 · +4.3% YoY. Source: county tax records.