942 Woodlynn Rd · Essex, MD 21221

$340,000

4 bd · 2.0 ba · 2,705 sqft · SingleFamily public records · 37 Days on market

Built 1949

---

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 +13.2/30.0
• ARV discount +7.5/15.0
• DSCR +4.0/10.0
• Livability +4.0/5.0
• 1% rule +3.4/10.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Schools +2.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Seller is packing and ready to hand over the keys to a new owner. The trapoline and an above ground pool convey with the property and will offer up lots of summer fun. This home has zoned heat and A/C !!!! The air conditioning and heating system, for the first floor, has been newly installed 8/5/22. There is a huge room addition, added to the back of the house, This home offers you 3 bedrooms 2 full baths with lots of bonus rooms. The upstairs area which has a private owners suite with large bathroom with jetted tub and separate shower. The bonus room could be finished to be used as a sitting room or you could add another bedroom. There are 2 separate staircases that gives you access to the upstairs familyroom/ office space. Come see all the possibilities you will have with this home.

Key facts

• Built 1949
• Listed 37 days

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $340k.

Deal economics

• At list price, monthly cash flow is $-7 ($-80/yr) — negative.
• To cash-flow at today's rent, offer at most $339k (0.3% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $284k (16.4% below list).
• Recommended offer: $284k (16.4% below list) — sets the bar for 1% rule.
• Cap rate 6.3% vs local median 4.8% in Essex — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 79/100 on livability (#60 in MD, #2,277 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, housing A+, health & safety A; Watch: amenities D+, schools D, crime 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 (+1.1%/yr); 138 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 1,511 units permitted in Baltimore County in 2024 (643 in 5+ unit buildings).
• At $2,841/mo this rent would consume 51% of the median local household income ($67k/yr) (locally 1757% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $10k 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.

Negotiation context

• It's been on market 37 days — a 3% lower offer ($330k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 28y 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 $290k; 17% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1949 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 45% 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 $284,089 (16.4% 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 37 days. Have you received any prior offers? Is the seller open to a 16% concession, seller financing, or rate buy-down credit?
3. Built in 1949 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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 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?
7. 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?
8. 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.
9. 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.
10. 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: 0.84% ✗
• Cap rate: 6.27%
• Cash-on-cash: -0.08%
• DSCR: 1.00
• GRM: 10.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 1.08% rent growth · sell at horizon

5-year hold

• IRR: -18.5%
• Equity multiple: 0.36×
• Total profit: $-60,925
• Equity at exit: $50,695

10-year hold

• IRR: -15.1%
• Equity multiple: 0.21×
• Total profit: $-74,936
• Equity at exit: $29,397

Cash invested: $95,200 (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 21221

• Rents YoY: 1.1%
• Active inventory: 138
• Price-to-rent: 10.0×

Monthly cashflow live

• Estimated rent: $2,841 medium
• Mortgage (P&I): −$1,783
• Tax from tax record: −$326 /mo · $3,916/yr
• Insurance: −$142
• HOA: −$0
• Vacancy / Maint / Mgmt: −$597
• Net cashflow: $-7

Break-even live

Break-even rent $2,849

Max offer price $338,816

Occupancy floor 95%

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: $85,000
• Closing costs: $10,200
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1710 Huber Rd Essex, MD	3.0	2.5	1848	$2,900	$1.57	43d	1	1.22mi
1043 Debbie Ave Essex, MD	4.0	2.5	1860	$2,300	$1.24	12d	1	1.23mi
304 Sweetbay Rd Essex, MD	3.0	3.5	3020	$3,800	$1.26	23d	1	1.34mi
1417 Waterford Rd Essex, MD	4.0	1.0	2514	$2,400	$0.95	23d	1	1.49mi

Listing history 27 events

1. 2026-06-18
   days on market $340,000 Active 37 DOM
2. 2026-06-17
   days on market $340,000 Active 36 DOM
3. 2026-06-16
   days on market $340,000 Active 35 DOM
4. 2026-06-15
   days on market $340,000 Active 34 DOM
5. 2026-06-13
   days on market $340,000 Active 32 DOM
6. 2026-06-09
   days on market $340,000 Active 28 DOM
7. 2026-06-08
   days on market $340,000 Active 27 DOM
8. 2026-06-07
   days on market $340,000 Active 26 DOM
9. 2026-06-04
   days on market $340,000 Active 23 DOM
10. 2026-06-03
    days on market $340,000 Active 22 DOM
11. 2026-06-02
    days on market $340,000 Active 21 DOM
12. 2026-06-01
    days on market $340,000 Active 20 DOM
13. 2026-05-31
    days on market $340,000 Active 19 DOM
14. 2026-05-12
    listed $340,000 Active 77-char remark
15. 2022-12-15
    soldstatus $289,500
16. 2022-11-28
    soldstatus $289,500 Closed 801-char remark

    Show marketing remark (801 chars)

    Seller is packing and ready to hand over the keys to a new owner. The trapoline and an above ground pool convey with the property and will offer up lots of summer fun. This home has zoned heat and A/C !!!! The air conditioning and heating system, for the first floor, has been newly installed 8/5/22. There is a huge room addition, added to the back of the house, This home offers you 3 bedrooms 2 full baths with lots of bonus rooms. The upstairs area which has a private owners suite with large bathroom with jetted tub and separate shower. The bonus room could be finished to be used as a sitting room or you could add another bedroom. There are 2 separate staircases that gives you access to the upstairs familyroom/ office space. Come see all the possibilities you will have with this home.

17. 2022-10-11
    historical Active Under Contract 801-char remark

    Show marketing remark (801 chars)

    Seller is packing and ready to hand over the keys to a new owner. The trapoline and an above ground pool convey with the property and will offer up lots of summer fun. This home has zoned heat and A/C !!!! The air conditioning and heating system, for the first floor, has been newly installed 8/5/22. There is a huge room addition, added to the back of the house, This home offers you 3 bedrooms 2 full baths with lots of bonus rooms. The upstairs area which has a private owners suite with large bathroom with jetted tub and separate shower. The bonus room could be finished to be used as a sitting room or you could add another bedroom. There are 2 separate staircases that gives you access to the upstairs familyroom/ office space. Come see all the possibilities you will have with this home.

18. 2022-09-20
    price $289,500 801-char remark

    Show marketing remark (801 chars)

    Seller is packing and ready to hand over the keys to a new owner. The trapoline and an above ground pool convey with the property and will offer up lots of summer fun. This home has zoned heat and A/C !!!! The air conditioning and heating system, for the first floor, has been newly installed 8/5/22. There is a huge room addition, added to the back of the house, This home offers you 3 bedrooms 2 full baths with lots of bonus rooms. The upstairs area which has a private owners suite with large bathroom with jetted tub and separate shower. The bonus room could be finished to be used as a sitting room or you could add another bedroom. There are 2 separate staircases that gives you access to the upstairs familyroom/ office space. Come see all the possibilities you will have with this home.

19. 2022-08-09
    price $298,000 801-char remark

    Show marketing remark (801 chars)

    Seller is packing and ready to hand over the keys to a new owner. The trapoline and an above ground pool convey with the property and will offer up lots of summer fun. This home has zoned heat and A/C !!!! The air conditioning and heating system, for the first floor, has been newly installed 8/5/22. There is a huge room addition, added to the back of the house, This home offers you 3 bedrooms 2 full baths with lots of bonus rooms. The upstairs area which has a private owners suite with large bathroom with jetted tub and separate shower. The bonus room could be finished to be used as a sitting room or you could add another bedroom. There are 2 separate staircases that gives you access to the upstairs familyroom/ office space. Come see all the possibilities you will have with this home.

20. 2022-07-16
    status Active 801-char remark

    Show marketing remark (801 chars)

    Seller is packing and ready to hand over the keys to a new owner. The trapoline and an above ground pool convey with the property and will offer up lots of summer fun. This home has zoned heat and A/C !!!! The air conditioning and heating system, for the first floor, has been newly installed 8/5/22. There is a huge room addition, added to the back of the house, This home offers you 3 bedrooms 2 full baths with lots of bonus rooms. The upstairs area which has a private owners suite with large bathroom with jetted tub and separate shower. The bonus room could be finished to be used as a sitting room or you could add another bedroom. There are 2 separate staircases that gives you access to the upstairs familyroom/ office space. Come see all the possibilities you will have with this home.

21. 2022-06-23
    historical 801-char remark

    Show marketing remark (801 chars)

    Seller is packing and ready to hand over the keys to a new owner. The trapoline and an above ground pool convey with the property and will offer up lots of summer fun. This home has zoned heat and A/C !!!! The air conditioning and heating system, for the first floor, has been newly installed 8/5/22. There is a huge room addition, added to the back of the house, This home offers you 3 bedrooms 2 full baths with lots of bonus rooms. The upstairs area which has a private owners suite with large bathroom with jetted tub and separate shower. The bonus room could be finished to be used as a sitting room or you could add another bedroom. There are 2 separate staircases that gives you access to the upstairs familyroom/ office space. Come see all the possibilities you will have with this home.

22. 2022-06-23
    listed $305,000 801-char remark

    Show marketing remark (801 chars)

    Seller is packing and ready to hand over the keys to a new owner. The trapoline and an above ground pool convey with the property and will offer up lots of summer fun. This home has zoned heat and A/C !!!! The air conditioning and heating system, for the first floor, has been newly installed 8/5/22. There is a huge room addition, added to the back of the house, This home offers you 3 bedrooms 2 full baths with lots of bonus rooms. The upstairs area which has a private owners suite with large bathroom with jetted tub and separate shower. The bonus room could be finished to be used as a sitting room or you could add another bedroom. There are 2 separate staircases that gives you access to the upstairs familyroom/ office space. Come see all the possibilities you will have with this home.

23. 1998-04-24
    soldstatus $108,000
24. 1998-04-17
    soldstatus $108,000
25. 1998-02-16
    historical
26. 1998-01-12
    listed $113,900
27. 1984-04-19
    soldstatus $47,500

ⓘ 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: $3,916 · $326/mo
• Projected year-2 tax: $3,916 · $326/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 2/10 Low
• 🌡 Heat 8/10 Severe 7 d/yr ≥104°F today · 15 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 45% 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: $34,091
• − Mortgage interest: −$19,045
• − Property taxes: −$3,916
• − Insurance: −$1,700
• − Repairs & maintenance: −$2,727
• − Management: −$2,727
• − Depreciation: −$9,891
• Taxable loss: −$5,916
• Est. tax savings @ 24.0%: +$1,420
• After-tax cash flow: $1,339/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 — Essex

• Score: 79/100
• State rank: #60
• US rank: #2277

Category grades

Amenities D+ Commute A+ Cost of living A- 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: Essex, MD
• County: Baltimore County · 769,527 people
• City population: 43,487
• Metro: Baltimore-Columbia-Towson, MD
• Population (ZIP): 43,487
• Household income: $67,340
• Rent vs Own: 37.5% rent · 62.5% own
• Severe rent burden: 1757.0

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 0.60)
• Race & ethnicity: White 54% Black 32% Two or more races 7% Hispanic / Latino 7% Asian 1%
• Hispanic origin (detail): Mexican 2% Puerto Rican 1% Dominican 1%
• Common ancestry: Romanian 5% Lithuanian 1% Slovak 1%
• Foreign-born: 8% · Canada, China
• Languages at home: 89% English-only · Spanish 6% French/Haitian/Cajun 1%

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: ▼ -232.14%
• Current HPI: 237.1069
• Rent YoY: ▲ 1.08%
• 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

+615.8% since first listed

14 events — show timeline

• 2026-05-12 Listed $340,000 FSBO.com
• 2022-12-15 Sold (Public Records) $289,500 Public Records
• 2022-11-28 Sold (MLS) $289,500 BRIGHT MLS
• 2022-10-11 Contingent — BRIGHT MLS
• 2022-09-20 Price Changed $289,500 BRIGHT MLS
• 2022-08-09 Price Changed $298,000 BRIGHT MLS
• 2022-07-16 Relisted — BRIGHT MLS
• 2022-06-23 Listed $305,000 BRIGHT MLS
• 2022-06-23 Listing Removed — BRIGHT MLS
• 1998-04-24 Sold (Public Records) $108,000 Public Records
• 1998-04-17 Sold (MLS) $108,000 MRIS
• 1998-02-16 Delisted — MRIS
• 1998-01-12 Listed $113,900 MRIS
• 1984-04-19 Sold (Public Records) $47,500 Public Records

Property tax history

+3.1%/yr

Latest (2025): $3,916 · +12.4% YoY. Source: county tax records.