7945 Eastdale Rd · Dundalk, MD 21224

$205,000

3 bd · 1.0 ba · 1,024 sqft · Townhouse public records · 37 Days on market

Built 1956 1,742 sqft lot $200/sqft · 19% above area Est $173k · 19% 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 +18.7/30.0
• DSCR +5.9/10.0
• 1% rule +4.6/10.0
• Livability +4.2/5.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Schools +2.3/10.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks

Welcome to 7945 Eastdale — a beautifully renovated 3-bedroom, 1.5-bath home where modern updates and thoughtful design come together seamlessly. Completely transformed from top to bottom, this move-in ready property offers peace of mind with all-new electrical, plumbing, HVAC, and energy-efficient windows. The stunning new kitchen features stylish finishes, brand-new appliances, and plenty of space for cooking and entertaining. A newly added main-level half bath adds convenience and functionality for guests and everyday living. Throughout the home, you’ll find fresh finishes and updated systems that blend comfort, style, and efficiency. Whether you’re a first-time buyer or

Key facts

• Built 1956
• Listed 37 days

Property features AI

Finance

• Other: Above-grade finished area reported by assessor
• Financial info: Ground rent amount $87 (semi-annual); Ownership interest: Ground Rent

Exterior

• Parking: On-street parking
• Utilities: Public water; Public sewer; Natural gas service
• Home design: Interior townhouse/rowhouse; Brick construction
• Construction: Estimated year built; Block foundation
• Exterior features: Ground rent exists (paid semi-annually)

Interior

• Bedrooms: Three bedrooms on the upper level
• Bathrooms: One full bathroom (upper level); One half bathroom on the main level
• Heating & cooling: Forced air heating; Central air conditioning (electric); Natural gas hot water
• Interior features: No basement; Living area reported by assessor

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath townhouse listed at $205k.

Deal economics

• At list price, monthly cash flow is $201 ($2k/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 $198k (3.5% below list).
• Recommended offer: $198k (3.5% below list) — sets the bar for 1% rule.
• Cap rate 7.5% vs local median 6.2% in Dundalk — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 85/100 on livability (#16 in MD, #510 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, housing A+; Watch: 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 (+1.3%/yr); 391 active listings in the ZIP; 34 comparable units currently listed for rent nearby; rentals at typical pace (median 24d 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).

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 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 ($199k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 24y 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 $124k; list at $205k implies a 65% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1956 — 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 $197,776 (3.5% below list)

Questions for the listing agent

1. It's been on market 37 days. Have you received any prior offers? Is the seller open to a 4% concession, seller financing, or rate buy-down credit?
2. Built in 1956 — 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 A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
5. 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?
6. 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?
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: 0.96% ✗
• Cap rate: 7.47%
• Cash-on-cash: 4.21%
• DSCR: 1.19
• GRM: 8.6

CMA / ARV

• ARV (median comp): $172,616
• List price: $205,000
• Delta: 18.76%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
8048 Eastdale Rd	0.13mi	3/1.0	1,024 (0%)	1mo	$135,000	$132	93
7944 Lansdale Rd	0.13mi	3/1.0	1,024 (0%)	4mo	$137,200	$134	90
7911 Bank St	0.22mi	3/1.0	1,080 (+6%)	5mo	$140,000	$130	76
7901 Wynbrook Rd	0.09mi	3/1.5	1,080 (+6%)	10mo	$215,000	$199	76
7820 Wynbrook Rd	0.17mi	3/2.0	896 (-12%)	3mo	$151,200	$169	65
8022 Lansdale Rd	0.16mi	2/2.0 (-1)	1,120 (+9%)	9mo	$189,000	$169	60
7304 Stratton Way	0.55mi	3/1.5	1,080 (+6%)	5mo	$215,000	$199	59
7806 Eastdale Rd	0.20mi	2/1.0 (-1)	896 (-12%)	10mo	$165,000	$184	57
7279 Gough St	0.61mi	2/1.5 (-1)	996 (-3%)	4mo	$137,800	$138	57
7169 Eastbrook Ave	0.63mi	3/2.0	996 (-3%)	7mo	$230,000	$231	56
7756 Wynbrook Rd	0.23mi	2/1.0 (-1)	1,171 (+14%)	9mo	$169,900	$145	53
7230 Conley St	0.70mi	3/1.5	1,144 (+12%)	7mo	$180,000	$157	40

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 · 1.31% rent growth · sell at horizon

5-year hold

• IRR: -11.6%
• Equity multiple: 0.59×
• Total profit: $-23,706
• Equity at exit: $30,566

10-year hold

• IRR: -5.0%
• Equity multiple: 0.70×
• Total profit: $-17,266
• Equity at exit: $17,725

Cash invested: $57,400 (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 21224

• Rents YoY: 1.3%
• Active inventory: 391
• Price-to-rent: 8.6×

Monthly cashflow live

• Estimated rent: $1,978 high
• Mortgage (P&I): −$1,075
• Tax from tax record: −$201 /mo · $2,407/yr
• Insurance: −$85
• HOA: −$0
• Vacancy / Maint / Mgmt: −$415
• Net cashflow: $201

Break-even live

Break-even rent $1,723

Max offer price $205,000

Occupancy floor 85%

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: $51,250
• Closing costs: $6,150
• Reserves months: —
• Total cash needed: —

Rent comps 34 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7948 Eastdale Rd Baltimore, MD	3.0	1.0	1024	$1,700	$1.66	43d	1	0.05mi
7915 Eastdale Rd Baltimore, MD	2.0	1.0	896	$1,500	$1.67	43d	1	0.06mi
7951 E Baltimore St Baltimore, MD	3.0	1.0	1024	$1,750	$1.71	2d	1	0.07mi
8036 Lansdale Rd Unit 1 Baltimore, MD	3.0	1.0	1024	$1,775	$1.73	5d	1	0.13mi
7911 Bank St Baltimore, MD	3.0	1.0	1080	$1,749	$1.62	43d	1	0.20mi
309 52nd St Unit A Baltimore, MD	2.0	1.0	722	$1,350	$1.87	23d	1	0.21mi
7716 Wynbrook Rd Baltimore, MD	2.0	1.0	1232	$1,800	$1.46	43d	1	0.31mi
505 Northpoint Rd Baltimore, MD	3.0	2.0	1300	$2,195	$1.69	11d	1	0.44mi
608 Northpoint Rd Baltimore, MD	3.0	1.5	1148	$1,895	$1.65	23d	1	0.47mi
7325 Conley St Baltimore, MD	3.0	2.0	1290	$1,950	$1.51	17d	1	0.57mi
7319 Conley St Baltimore, MD	3.0	2.0	1080	$1,950	$1.81	17d	1	0.58mi
7517 Belmont Ave Baltimore, MD	2.0	1.0	720	$1,800	$2.50	17d	1	0.60mi
901 Elton Ave Baltimore, MD	4.0	2.0	1056	$2,800	$2.65	43d	1	0.62mi
7261 Bridgewood Dr Baltimore, MD	3.0	2.0	896	$2,495	$2.78	23d	1	0.63mi
932 Elton Ave Baltimore, MD	3.0	2.0	1024	$1,950	$1.90	17d	1	0.68mi
7230 Conley St Unit 1 Baltimore, MD	3.0	1.5	1144	$2,100	$1.84	23d	1	0.70mi
7230 Conley St Unit 1 Baltimore, MD	3.0	1.5	1144	$2,100	$1.84	3d	1	0.70mi
7136 Eastbrook Ave Baltimore, MD	4.0	2.0	996	$2,200	$2.21	5d	1	0.71mi
944 Dalton Ave Baltimore, MD	3.0	2.0	1024	$2,100	$2.05	10d	1	0.71mi
7219 Conley St Baltimore, MD	4.0	1.5	1440	$1,950	$1.35	14d	1	0.72mi
7058 Eastbrook Ave Baltimore, MD	3.0	2.0	1228	$1,700	$1.38	11d	1	0.80mi
7124 Gough St Baltimore, MD	2.0	1.5	1096	$1,700	$1.55	21d	1	0.86mi
7444 Berkshire Rd Baltimore, MD	3.0	1.5	1228	$1,850	$1.51	5d	1	0.89mi
530 47th St Baltimore, MD	3.0	1.0	1424	$1,750	$1.23	23d	1	1.04mi
7520 Durwood Rd Dundalk, MD	3.0	1.0	1110	$2,100	$1.89	43d	1	1.04mi
6905 Bank St Baltimore, MD	2.0	1.5	784	$1,650	$2.10	43d	1	1.08mi
6802 Conley St Baltimore, MD	2.0	1.5	939	$1,750	$1.86	21d	1	1.08mi
7484 Rabon Ave Dundalk, MD	3.0	1.5	1499	$2,000	$1.33	43d	1	1.11mi
849 Loalan Ave Dundalk, MD	3.0	1.5	1024	$1,850	$1.81	14d	1	1.20mi
630 47th St Unit B Baltimore, MD	2.0	1.0	750	$1,200	$1.60	43d	1	1.22mi
628 47th St Apt RW2 Baltimore, MD	2.0	1.0	750	$1,200	$1.60	10d	1	1.22mi
334 Kane St Baltimore, MD	2.0	2.0	1050	$1,675	$1.60	23d	1	1.39mi
340 Potomac Ave Rosedale, MD	2.0	2.5	1500	$1,995	$1.33	43d	1	1.39mi
6710 Hudson St Baltimore, MD	4.0	4.0	1156	$3,500	$3.03	23d	1	1.44mi

Listing history 19 events

1. 2026-06-18
   days on market $205,000 Active 37 DOM
2. 2026-06-17
   days on market $205,000 Active 36 DOM
3. 2026-06-16
   days on market $205,000 Active 35 DOM
4. 2026-06-15
   days on market $205,000 Active 34 DOM
5. 2026-06-13
   days on market $205,000 Active 32 DOM
6. 2026-06-09
   days on market $205,000 Active 28 DOM
7. 2026-06-08
   days on market $205,000 Active 27 DOM
8. 2026-06-07
   pricedays on market $205,000 Active 26 DOM
9. 2026-06-04
   days on market $210,000 Active 23 DOM
10. 2026-06-03
    days on market $210,000 Active 22 DOM
11. 2026-06-02
    days on market $210,000 Active 21 DOM
12. 2026-06-01
    days on market $210,000 Active 20 DOM
13. 2026-05-31
    days on market $210,000 Active 19 DOM
14. 2026-05-13
    listed $210,000 Active 896-char remark
15. 2026-05-12
    historical $210,000 896-char remark
16. 2025-05-28
    soldstatus $124,000
17. 2003-03-27
    soldstatus $44,000
18. 2003-01-27
    historical
19. 2002-11-25
    listed $48,000

ⓘ 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: $2,407 · $201/mo
• Projected year-2 tax: $2,407 · $201/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 8/10 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 5/10 Major 6 unhealthy d/yr today · 8 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,733
• − Mortgage interest: −$11,483
• − Property taxes: −$2,407
• − Insurance: −$1,025
• − Repairs & maintenance: −$1,899
• − Management: −$1,899
• − Depreciation: −$5,964
• Taxable loss: −$943
• Est. tax savings @ 24.0%: +$226
• After-tax cash flow: $2,643/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 — Dundalk

• Score: 85/100
• State rank: #16
• US rank: #510

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Dundalk, MD
• County: Baltimore City · 558,601 people
• City population: 588,727
• Metro: Baltimore-Columbia-Towson, MD
• Population (ZIP): 47,465
• Household income: $89,017
• Rent vs Own: 41.5% rent · 58.5% own
• Severe rent burden: 1786.0

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 0.62)
• Race & ethnicity: White 55% Hispanic / Latino 21% Black 16% Two or more races 7% Asian 4%
• Hispanic origin (detail): Mexican 4% Puerto Rican 2% Dominican 1%
• Common ancestry: Romanian 5% Lithuanian 2% Italian 1%
• Foreign-born: 17% · Canada, China, Vietnam
• Languages at home: 76% English-only · Spanish 18% Other Indo-European 2% Russian/Polish/Slavic 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: ▼ -332.23%
• Current HPI: 241.284
• Rent YoY: ▲ 1.31%
• 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

+327.1% since first listed

7 events — show timeline

• 2026-06-07 Price Changed $205,000 BRIGHT MLS
• 2026-05-13 Listed $210,000 BRIGHT MLS
• 2026-05-12 Coming Soon $210,000 BRIGHT MLS
• 2025-05-28 Sold (Public Records) $124,000 Public Records
• 2003-03-27 Sold (MLS) $44,000 MRIS
• 2003-01-27 Delisted — MRIS
• 2002-11-25 Listed $48,000 MRIS

Property tax history

+2.4%/yr

Latest (2025): $2,407 · +13.2% YoY. Source: county tax records.