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6011 Emerson St #608
C Composite 59.59
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 +16.9/30.0
  • 1% rule +10.0/10.0
  • Appreciation +10.0/10.0
  • ARV discount +7.5/15.0
  • DSCR +5.3/10.0
  • Livability +3.2/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Schools +1.7/10.0

$85,000

6011 Emerson St #608 · Bladensburg, MD 20710
2 bd · 1.0 ba · 894 sqft · Condo public records · 118 Days on market
Built 1966 $608/mo HOA · 37% of rent

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

POST AUCTION - Make an offer, buy it now! Deposit: $7,500. This one-story condo unit is located in the Baldensburg, Maryland within Prince George's County. Utilities are covered within the condo fee. Residents can enjoy the nearby attractions such as the Capital Plaza, Bladensburg Community Center, Bladensburg Waterfront Park, and +/- 8 miles to Downtown Washington DC. This property is rented. The area provides easy access to a major traffic artery, Route 295.

Key facts

  • 1 story condo unit
  • Baldensburg maryland
  • Nearby attractions

Tags

1 STORY CONDO UNITBALDENSBURG MARYLANDPRINCE GEORGE'S COUNTYNEARBY ATTRACTIONSBLADENSBURG WATERFRONT PARK

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/1.0-bath condo listed at $85k.

Deal economics

  • At list price, monthly cash flow is $57 ($680/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $85k).
  • Recommended offer: $77k (9.0% below list) — sets the bar for market timing.

Location & tenants

  • Location reads 64/100 on livability (#277 in MD) — a middle-class / working-renter tenant base. Strengths: housing A, health & safety A; Watch: employment C-, cost of living C-, amenities D.
  • Prince George'S County Public Schools (suburban): math 8% / reading 24% proficiency, ranked #21 of 24 in MD (top 88%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
  • Market conditions: 20 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); 1,481 units permitted in Prince George's County in 2024 (0 in 5+ unit buildings).
  • This rent runs 31% of the median local income ($64k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • In year one you build about $9k of equity ($588 loan paydown + $8k appreciation (10.0% local appreciation)).
  • Prince George's County population projected at +18% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (10.0% appreciation + 3.0% rent growth), your $24k cash investment doubles in ~3 years — after that, you're playing with house money.
  • By year 4, paydown + projected appreciation supports a ~$32k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • It's been on market 118 days — a 9% lower offer ($77k) is reasonable based on typical stale-listing flexibility.
  • 4 sale attempts since 25y ago; this cycle's ask is 89% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

Risks & watch-outs

  • Watch-outs: HOA is 37% of rent.
  • Climate carrying-cost: extreme-heat days projected 7→13/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $77,350 (9.0% below list)

Questions for the listing agent

  1. It's been on market 118 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
  2. Built in 1966 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  4. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
  5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  7. 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?
  8. 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?
  9. 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.
  10. 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.
  11. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

1% rule
1.91%
Cap rate
7.09%
Cash-on-cash
2.86%
DSCR
1.13
GRM
4.4

CMA / ARV

No comps found within radius.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
26.5%
Equity multiple
3.11×
Total profit
$50,317
Equity at exit
$76,575
10-year hold
IRR
23.4%
Equity multiple
7.14×
Total profit
$146,167
Equity at exit
$165,136

Cash invested: $23,800 (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.

ZIP-level market 20710

Home prices YoY
4.8%
Active inventory
20
Price-to-rent
4.4×

Monthly cashflow live

Estimated rent
$1,623 high interval (Pro) →
Mortgage (P&I)
$446
Tax from tax record
$136 /mo · $1,634/yr
Insurance
$35
HOA
$608
Vacancy / Maint / Mgmt
$341
Net cashflow
$57

Break-even live

Break-even rent $1,551
Max offer price $85,000
Occupancy floor 92%

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
$21,250
Closing costs
$2,550
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
6011 Emerson St Bladensburg, MD 1.0–2.0 1.0 737 $1,725 $2.34 24d 3 0.02mi
6011 Emerson St Bladensburg, MD 2.0 1.0 737 $1,688 $2.29 44d 2 0.02mi
6011 Emerson St Bladensburg, MD 2.0 1.0 737 $1,662 $2.26 15d 3 0.02mi
5033 57th Ave Bladensburg, MD 1.0–3.0 1.0–2.0 766 $1,749 $2.28 2d 12 0.16mi
4202 58th Ave Bladensburg, MD 1.0 1.0 684 $1,416 $2.07 3d 12 0.39mi
4203 58th Ave Bladensburg, MD 1.0–3.0 1.0–2.0 752 $1,732 $2.30 3d 16 0.58mi
4203 58th Ave Bladensburg, MD 1.0–2.0 1.0 735 $2,069 $2.81 2d 61 0.58mi
5802 Annapolis Rd Bladensburg, MD 1.0–2.0 1.0–2.0 796 $1,898 $2.38 2d 22 0.65mi
5510 Madison St Riverdale, MD 1.0–2.0 1.0 566 $1,805 $3.19 4d 16 0.73mi
3839 64th Ave Hyattsville, MD 2.0 1.0 875 $1,650 $1.89 2d 4 0.77mi
4085 Warner Ave Landover Hills, MD 1.0–3.0 1.0–1.5 878 $1,672 $1.90 3d 12 0.77mi
6901 Farragut St Hyattsville, MD 2.0 1.0 896 $900 $1.00 44d 1 0.90mi
6000 67th Ave Unit 3 Riverdale Park, MD 1.0 1.0 600 $1,500 $2.50 19d 1 0.90mi
5826 Quintana St Riverdale, MD 1.0 1.0 800 $1,500 $1.88 44d 1 0.90mi
5600 54th Ave Riverdale, MD 1.0 1.0 680 $1,550 $2.28 5d 8 0.96mi
6021 67th Ave Riverdale, MD 2.0 1.0 850 $1,615 $1.90 18d 1 0.96mi
5610 54th Ave Riverdale, MD 1.0–2.0 1.0 754 $1,575 $2.09 3d 5 0.97mi
6739 Riverdale Rd Riverdale, MD 1.0 1.0 589 $1,350 $2.29 44d 1 1.04mi
6308 61st Pl Riverdale, MD 3.0 2.0 873 $2,280 $2.61 11d 1 1.05mi
4611 Edmonston Rd Unit 1 Hyattsville, MD 2.0 1.0 850 $1,750 $2.06 24d 1 1.05mi
5305 Riverdale Rd Riverdale, MD 2.0 1.0 900 $1,695 $1.88 5d 1 1.07mi
6409 63rd Pl Riverdale, MD 1.0 1.0 1116 $1,000 $0.90 44d 1 1.11mi
3405 Laurel Ave Unit C Cheverly, MD 1.0 1.0 550 $1,200 $2.18 44d 1 1.13mi
5360 Quincy Pl Unit 3908-302 Hyattsville, MD 1.0 1.0 655 $1,365 $2.08 44d 1 1.13mi
5360 Quincy Pl Unit 3908-202 Hyattsville, MD 1.0 1.0 655 $1,365 $2.08 13d 1 1.13mi
4101 53rd Ave Unit 4210P2 Bladensburg, MD 2.0 1.0 788 $1,725 $2.19 24d 1 1.15mi
4101 53rd Ave Unit 4103A1 Bladensburg, MD 2.0 1.0 788 $1,725 $2.19 44d 1 1.15mi
4101 53rd Ave Unit 4200A4 Bladensburg, MD 1.0 1.0 607 $1,525 $2.51 44d 1 1.15mi
4101 53rd Ave Unit 4200P4 Bladensburg, MD 1.0 1.0 607 $1,395 $2.30 44d 1 1.15mi
4101 53rd Ave Unit 4102P3 Bladensburg, MD 1.0 1.0 642 $1,375 $2.14 44d 1 1.15mi
4101 53rd Ave Unit 4202A1 Bladensburg, MD 1.0 1.0 607 $1,345 $2.22 44d 1 1.15mi
4101 53rd Ave Unit 4104A5 Bladensburg, MD 1.0 1.0 578 $1,335 $2.31 44d 1 1.15mi
4101 53rd Ave Unit 4200A1 Bladensburg, MD 2.0 1.0 607 $1,565 $2.58 24d 1 1.15mi
3554 55th Ave Hyattsville, MD 1.0–3.0 1.0 603 $1,551 $2.57 2d 7 1.15mi
5023 Riverdale Rd Unit 5023-310 Riverdale, MD 1.0 1.0 680 $1,500 $2.21 44d 1 1.17mi
6285 Fernwood Ter Riverdale, MD 1.0–3.0 1.0 820 $1,894 $2.31 3d 11 1.17mi
6272 67th Ct Riverdale, MD 3.0 1.0–2.5 987 $1,979 $2.00 2d 9 1.18mi
5323 Taylor Rd Unit 1546071P Riverdale, MD 3.0 2.0 1097 $2,258 $2.06 15d 1 1.21mi
6815 Riverdale Rd Riverdale, MD 1.0–2.0 1.0–1.5 858 $2,109 $2.46 2d 7 1.22mi
3901 53rd St Bladensburg, MD 1.0–2.0 1.0 850 $1,495 $1.76 2d 2 1.23mi

HOA detail condo

Monthly dues
$608 · $7,296/yr
Likely covers
water
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 19 events

  1. 2026-06-03
    days on market $85,000 Active 118 DOM
  2. 2026-06-02
    days on market $85,000 Active 117 DOM
  3. 2026-06-01
    days on market $85,000 Active 116 DOM
  4. 2026-05-31
    days on market $85,000 Active 115 DOM
  5. 2026-04-20
    price $85,000 467-char remark
    Show marketing remark (467 chars)

    POST AUCTION - Make an offer, buy it now! Deposit: $7,500. This one-story condo unit is located in the Baldensburg, Maryland within Prince George's County. Utilities are covered within the condo fee. Residents can enjoy the nearby attractions such as the Capital Plaza, Bladensburg Community Center, Bladensburg Waterfront Park, and +/- 8 miles to Downtown Washington DC. This property is rented. The area provides easy access to a major traffic artery, Route 295.

  6. 2026-02-05
    listed $45,000 Active 467-char remark
    Show marketing remark (467 chars)

    POST AUCTION - Make an offer, buy it now! Deposit: $7,500. This one-story condo unit is located in the Baldensburg, Maryland within Prince George's County. Utilities are covered within the condo fee. Residents can enjoy the nearby attractions such as the Capital Plaza, Bladensburg Community Center, Bladensburg Waterfront Park, and +/- 8 miles to Downtown Washington DC. This property is rented. The area provides easy access to a major traffic artery, Route 295.

  7. 2026-01-18
    price $1,600
  8. 2026-01-09
    price $1,500
  9. 2025-12-19
    soldstatus $78,100
  10. 2025-11-16
    price $1,600
  11. 2025-11-14
    listed $1,800
  12. 2025-11-07
    soldstatus $78,100 Closed 508-char remark
    Show marketing remark (508 chars)

    ONLINE AUCTION: Bidding begins 10/03/2025 @ 10:00 AM. Bidding ends 10/07/2025 @ 11:05 AM. List Price is Suggested Opening Bid. 1 Story Condo Unit located in Baldensburg, Maryland within Prince George's County. Utilities are covered within the condo fee. Residents can enjoy the nearby attractions such as Capital Plaza, Bladensburg Community Center, Bladensburg Waterfront Park, & +/- 8 miles to Downtown Washington DC. Property is Vacant. Easy Access to Major Traffic Artery Route 295. Deposit: $5,000.

  13. 2025-10-09
    status Pending 508-char remark
    Show marketing remark (508 chars)

    ONLINE AUCTION: Bidding begins 10/03/2025 @ 10:00 AM. Bidding ends 10/07/2025 @ 11:05 AM. List Price is Suggested Opening Bid. 1 Story Condo Unit located in Baldensburg, Maryland within Prince George's County. Utilities are covered within the condo fee. Residents can enjoy the nearby attractions such as Capital Plaza, Bladensburg Community Center, Bladensburg Waterfront Park, & +/- 8 miles to Downtown Washington DC. Property is Vacant. Easy Access to Major Traffic Artery Route 295. Deposit: $5,000.

  14. 2025-10-02
    price $40,000 508-char remark
    Show marketing remark (508 chars)

    ONLINE AUCTION: Bidding begins 10/03/2025 @ 10:00 AM. Bidding ends 10/07/2025 @ 11:05 AM. List Price is Suggested Opening Bid. 1 Story Condo Unit located in Baldensburg, Maryland within Prince George's County. Utilities are covered within the condo fee. Residents can enjoy the nearby attractions such as Capital Plaza, Bladensburg Community Center, Bladensburg Waterfront Park, & +/- 8 miles to Downtown Washington DC. Property is Vacant. Easy Access to Major Traffic Artery Route 295. Deposit: $5,000.

  15. 2025-09-25
    listed $35,000 Active 508-char remark
    Show marketing remark (508 chars)

    ONLINE AUCTION: Bidding begins 10/03/2025 @ 10:00 AM. Bidding ends 10/07/2025 @ 11:05 AM. List Price is Suggested Opening Bid. 1 Story Condo Unit located in Baldensburg, Maryland within Prince George's County. Utilities are covered within the condo fee. Residents can enjoy the nearby attractions such as Capital Plaza, Bladensburg Community Center, Bladensburg Waterfront Park, & +/- 8 miles to Downtown Washington DC. Property is Vacant. Easy Access to Major Traffic Artery Route 295. Deposit: $5,000.

  16. 2001-02-20
    soldstatus $20,000
  17. 2001-01-30
    historical
  18. 2001-01-08
    listed $22,900
  19. 1992-11-19
    soldstatus $30,000

ⓘ 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
$1,634 · $136/mo
Projected year-2 tax
$1,634 · $136/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 7/10 Severe 7 d/yr ≥104°F today · 13 d/yr by 30 yrs out
  • 💨 Wind 4/10 Moderate 20% chance of damaging wind over 30 yrs
  • 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 5 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$19,472
− Mortgage interest
−$4,761
− Property taxes
−$1,634
− Insurance
−$425
− Repairs & maintenance
−$1,558
− Management
−$1,558
− HOA
−$7,296
− Depreciation
−$2,473
Taxable loss
−$232
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$56
After-tax cash flow
$735/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
Prince George'S County Public Schools
NCES district ID
2400510
Math proficiency
8% ▼ -11.00%
Reading proficiency
24% ▼ -9.00%
Median HH income
$73,967
Composite
16.82/100
National rank
#9151
State rank
#21 of 24 in MD

Livability — Bladensburg

Score
64/100
State rank
#277
US rank
#14239

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Bladensburg, MD
County
Prince Georges County · 919,866 people
City population
9,801
Metro
Washington-Arlington-Alexandria, DC-VA-MD-WV
Population (ZIP)
9,801
Household income
$63,810
Rent vs Own
78.8% rent · 21.2% own
Severe rent burden
810.0

Population outlook (Prince George's County) Hauer SSP2

Today (2025)
1,005,426 people
By 2030
1,048,416 · +4.3%
By 2040
1,123,425 · +11.7%
By 2050
1,183,220 · +17.7%
By 2075
1,306,202 · +29.9%
By 2100
1,408,179 · +40.1%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Majority Black (57%)
Race & ethnicity
Black 57% Hispanic / Latino 40% Two or more races 9%
Hispanic origin (detail)
Mexican 16% Dominican 2%
Common ancestry
Swiss 1%
Foreign-born
38% · Canada, South Korea, Guatemala
Languages at home
50% English-only · Spanish 34% French/Haitian/Cajun 7% Korean 1%

Political lean MEDSL · Prince George's

2024 margin
Solid D (+75.2) · D 86.3% · R 11.2% · Other 2.5%
2008→2024 swing
-3.3pp toward R · 2008: 78.5pp · 2024: 75.2pp
All cycles
2024: D+75.2 2020: D+80.5 2016: D+81.0 2012: D+80.9 2008: D+78.5

Not yet ingested

Civics

Market trends

HPI YoY
▲ 16.66%
Current HPI
365.4382
Rent YoY
Metro
Washington-Arlington-Alexandria, DC-VA-MD-WV
State GDP YoY
▲ 2.97%
F500 in state
12

Industry mix (Fortune 500 HQ in MD)

Industry F500 HQs Revenue

Price history

+183.3% since first listed
15 events — show timeline
  • 2026-04-20 Price Changed $85,000 BRIGHT MLS
  • 2026-02-05 Listed $45,000 BRIGHT MLS
  • 2026-01-18 Price Changed $1,600 REDFIN
  • 2026-01-09 Price Changed $1,500 REDFIN
  • 2025-12-19 Sold (Public Records) $78,100 Public Records
  • 2025-11-16 Price Changed $1,600 REDFIN
  • 2025-11-14 Listed for Rent $1,800 REDFIN
  • 2025-11-07 Sold (MLS) $78,100 BRIGHT MLS
  • 2025-10-09 Pending BRIGHT MLS
  • 2025-10-02 Price Changed $40,000 BRIGHT MLS
  • 2025-09-25 Listed $35,000 BRIGHT MLS
  • 2001-02-20 Sold (MLS) $20,000 MRIS
  • 2001-01-30 Delisted MRIS
  • 2001-01-08 Listed $22,900 MRIS
  • 1992-11-19 Sold (Public Records) $30,000 Public Records

Property tax history

+4.3%/yr

Latest (2025): $1,634 · +13.4% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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