28035 Possum Hill Rd · Federalsburg, MD 21632

$85,000

4 bd · 1.0 ba · 2,168 sqft · SingleFamily public records · 687 Days on market

Built 1990 0.48 ac lot $39/sqft · 79% below area

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Why this score? — see what drove the B 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Appreciation +3.9/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.9/10.0

Listing remarks MLS

Back on the market after demolition of the old house, full lot cleanup, and a garage facelift! This 0.48-acre property on Possum Hill Rd offers a strong opportunity in a desirable location less than one mile from the Maryland–Delaware state line. The lot is now cleared, providing open space and flexibility for a variety of potential uses. The property features an oversized pass-through garage (approximately 1,400 sq ft) constructed with solid cinder block, high ceilings, front and rear garage doors, and a mechanic’s pit—ideal for storage, workshop use, or equipment housing. This property offers multiple possibilities, including vehicle or equipment storage, a workshop, or potential residential use (buyer to verify zoning and building requirements). An older home previously existed on the property; however, the seller has no knowledge of the condition or status of any prior systems. The property is being sold strictly as-is, and buyers are encouraged to perform all due diligence. Conveniently located just minutes from Smithville Lake and Community Park, and approximately one hour from Ocean City, this property combines location, flexibility, and value. Priced below market for a quick sale—don’t miss this opportunity to acquire a well-located parcel with existing improvements. Contact us today for additional details or to schedule a showing. Limited-service MLS listing. Seller will handle inquiries and negotiations directly. Listing agent holds a financial interest in the transaction.

Key facts

• 0.48 acre lot
• Built 1990
• Listed 686 days

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $85k.

Deal economics

• At list price, monthly cash flow is $824 ($10k/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: $75k (12.0% below list) — sets the bar for market timing.
• Cap rate 17.9% vs local median 4.8% in Federalsburg — 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 65/100 on livability (#266 in MD) — a middle-class / working-renter tenant base. Strengths: cost of living A+, crime A, health & safety A; Watch: housing C-, schools F, amenities F.
• Caroline County Public Schools (rural): math 13% / reading 29% proficiency, ranked #17 of 24 in MD (top 71%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: 46 active listings in the ZIP; 59 units permitted in Caroline County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-2.2%/yr); year-one equity from $588 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Caroline County population projected at -19% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-2.2% appreciation + 3.0% rent growth), your $24k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 687 days — a 12% lower offer ($75k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 2y 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 $23k; list at $85k implies a 270% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 67% chance of damaging wind over 30y; extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $74,800 (12.0% below list)

Questions for the listing agent

1. It's been on market 687 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
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. 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: 2.02% ✓
• Cap rate: 17.93%
• Cash-on-cash: 41.57%
• DSCR: 2.85
• GRM: 4.1

CMA / ARV

• ARV (median comp): $271,368
• List price: $85,000
• Delta: -68.68%
• Verdict: UNDERPRICED
• Comps: 2 within 1.0 mi

Projected returns pro-forma

-2.22% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 39.3%
• Equity multiple: 2.74×
• Total profit: $41,519
• Equity at exit: $15,643

10-year hold

• IRR: 44.9%
• Equity multiple: 5.46×
• Total profit: $106,201
• Equity at exit: $12,553

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.

Methodology + full state rankings →

ZIP-level market 21632

• Home prices YoY: -0.7%
• Active inventory: 46
• Price-to-rent: 4.1×

Monthly cashflow live

• Estimated rent: $1,720 medium
• Mortgage (P&I): −$446
• Tax from tax record: −$53 /mo · $639/yr
• Insurance: −$35
• HOA: −$0
• Vacancy / Maint / Mgmt: −$361
• Net cashflow: $824

Break-even live

Break-even rent $676

Max offer price $85,000

Occupancy floor 47%

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: —

Listing history 33 events

1. 2026-06-18
   days on market $85,000 Active 687 DOM
2. 2026-06-17
   days on market $85,000 Active 686 DOM
3. 2026-06-16
   days on market $85,000 Active 685 DOM
4. 2026-06-15
   days on market $85,000 Active 684 DOM
5. 2026-06-13
   days on market $85,000 Active 682 DOM
6. 2026-06-12
   days on market $85,000 Active 681 DOM
7. 2026-06-09
   days on market $85,000 Active 678 DOM
8. 2026-06-08
   days on market $85,000 Active 677 DOM
9. 2026-06-07
   days on market $85,000 Active 676 DOM
10. 2026-06-07
    days on market $85,000 Active 675 DOM
11. 2026-06-04
    days on market $85,000 Active 672 DOM
12. 2026-06-02
    days on market $85,000 Active 671 DOM
13. 2026-06-01
    days on market $85,000 Active 670 DOM
14. 2026-05-31
    days on market $85,000 Active 669 DOM
15. 2026-05-31
    days on market $85,000 Active 668 DOM
16. 2026-05-05
    price $85,000 1537-char remark

    Show marketing remark (1537 chars)

    Back on the market after demolition of the old house, full lot cleanup, and a garage facelift! This 0.48-acre property on Possum Hill Rd offers a strong opportunity in a desirable location less than one mile from the Maryland–Delaware state line. The lot is now cleared, providing open space and flexibility for a variety of potential uses. The property features an oversized pass-through garage (approximately 1,400 sq ft) constructed with solid cinder block, high ceilings, front and rear garage doors, and a mechanic’s pit—ideal for storage, workshop use, or equipment housing. This property offers multiple possibilities, including vehicle or equipment storage, a workshop, or potential residential use (buyer to verify zoning and building requirements). An older home previously existed on the property; however, the seller has no knowledge of the condition or status of any prior systems. The property is being sold strictly as-is, and buyers are encouraged to perform all due diligence. Conveniently located just minutes from Smithville Lake and Community Park, and approximately one hour from Ocean City, this property combines location, flexibility, and value. Priced below market for a quick sale—don’t miss this opportunity to acquire a well-located parcel with existing improvements. Contact us today for additional details or to schedule a showing. Limited-service MLS listing. Seller will handle inquiries and negotiations directly. Listing agent holds a financial interest in the transaction.

17. 2026-04-12
    price $99,500 1537-char remark

    Show marketing remark (1537 chars)

    Back on the market after demolition of the old house, full lot cleanup, and a garage facelift! This 0.48-acre property on Possum Hill Rd offers a strong opportunity in a desirable location less than one mile from the Maryland–Delaware state line. The lot is now cleared, providing open space and flexibility for a variety of potential uses. The property features an oversized pass-through garage (approximately 1,400 sq ft) constructed with solid cinder block, high ceilings, front and rear garage doors, and a mechanic’s pit—ideal for storage, workshop use, or equipment housing. This property offers multiple possibilities, including vehicle or equipment storage, a workshop, or potential residential use (buyer to verify zoning and building requirements). An older home previously existed on the property; however, the seller has no knowledge of the condition or status of any prior systems. The property is being sold strictly as-is, and buyers are encouraged to perform all due diligence. Conveniently located just minutes from Smithville Lake and Community Park, and approximately one hour from Ocean City, this property combines location, flexibility, and value. Priced below market for a quick sale—don’t miss this opportunity to acquire a well-located parcel with existing improvements. Contact us today for additional details or to schedule a showing. Limited-service MLS listing. Seller will handle inquiries and negotiations directly. Listing agent holds a financial interest in the transaction.

18. 2026-02-27
    price $110,000 1537-char remark

    Show marketing remark (1537 chars)

    Back on the market after demolition of the old house, full lot cleanup, and a garage facelift! This 0.48-acre property on Possum Hill Rd offers a strong opportunity in a desirable location less than one mile from the Maryland–Delaware state line. The lot is now cleared, providing open space and flexibility for a variety of potential uses. The property features an oversized pass-through garage (approximately 1,400 sq ft) constructed with solid cinder block, high ceilings, front and rear garage doors, and a mechanic’s pit—ideal for storage, workshop use, or equipment housing. This property offers multiple possibilities, including vehicle or equipment storage, a workshop, or potential residential use (buyer to verify zoning and building requirements). An older home previously existed on the property; however, the seller has no knowledge of the condition or status of any prior systems. The property is being sold strictly as-is, and buyers are encouraged to perform all due diligence. Conveniently located just minutes from Smithville Lake and Community Park, and approximately one hour from Ocean City, this property combines location, flexibility, and value. Priced below market for a quick sale—don’t miss this opportunity to acquire a well-located parcel with existing improvements. Contact us today for additional details or to schedule a showing. Limited-service MLS listing. Seller will handle inquiries and negotiations directly. Listing agent holds a financial interest in the transaction.

19. 2026-02-14
    price $125,000 1537-char remark

    Show marketing remark (1537 chars)

    Back on the market after demolition of the old house, full lot cleanup, and a garage facelift! This 0.48-acre property on Possum Hill Rd offers a strong opportunity in a desirable location less than one mile from the Maryland–Delaware state line. The lot is now cleared, providing open space and flexibility for a variety of potential uses. The property features an oversized pass-through garage (approximately 1,400 sq ft) constructed with solid cinder block, high ceilings, front and rear garage doors, and a mechanic’s pit—ideal for storage, workshop use, or equipment housing. This property offers multiple possibilities, including vehicle or equipment storage, a workshop, or potential residential use (buyer to verify zoning and building requirements). An older home previously existed on the property; however, the seller has no knowledge of the condition or status of any prior systems. The property is being sold strictly as-is, and buyers are encouraged to perform all due diligence. Conveniently located just minutes from Smithville Lake and Community Park, and approximately one hour from Ocean City, this property combines location, flexibility, and value. Priced below market for a quick sale—don’t miss this opportunity to acquire a well-located parcel with existing improvements. Contact us today for additional details or to schedule a showing. Limited-service MLS listing. Seller will handle inquiries and negotiations directly. Listing agent holds a financial interest in the transaction.

20. 2026-02-09
    price $124,900 1537-char remark

    Show marketing remark (1537 chars)

    Back on the market after demolition of the old house, full lot cleanup, and a garage facelift! This 0.48-acre property on Possum Hill Rd offers a strong opportunity in a desirable location less than one mile from the Maryland–Delaware state line. The lot is now cleared, providing open space and flexibility for a variety of potential uses. The property features an oversized pass-through garage (approximately 1,400 sq ft) constructed with solid cinder block, high ceilings, front and rear garage doors, and a mechanic’s pit—ideal for storage, workshop use, or equipment housing. This property offers multiple possibilities, including vehicle or equipment storage, a workshop, or potential residential use (buyer to verify zoning and building requirements). An older home previously existed on the property; however, the seller has no knowledge of the condition or status of any prior systems. The property is being sold strictly as-is, and buyers are encouraged to perform all due diligence. Conveniently located just minutes from Smithville Lake and Community Park, and approximately one hour from Ocean City, this property combines location, flexibility, and value. Priced below market for a quick sale—don’t miss this opportunity to acquire a well-located parcel with existing improvements. Contact us today for additional details or to schedule a showing. Limited-service MLS listing. Seller will handle inquiries and negotiations directly. Listing agent holds a financial interest in the transaction.

21. 2025-10-04
    status Active 1537-char remark

    Show marketing remark (1537 chars)

    Back on the market after demolition of the old house, full lot cleanup, and a garage facelift! This 0.48-acre property on Possum Hill Rd offers a strong opportunity in a desirable location less than one mile from the Maryland–Delaware state line. The lot is now cleared, providing open space and flexibility for a variety of potential uses. The property features an oversized pass-through garage (approximately 1,400 sq ft) constructed with solid cinder block, high ceilings, front and rear garage doors, and a mechanic’s pit—ideal for storage, workshop use, or equipment housing. This property offers multiple possibilities, including vehicle or equipment storage, a workshop, or potential residential use (buyer to verify zoning and building requirements). An older home previously existed on the property; however, the seller has no knowledge of the condition or status of any prior systems. The property is being sold strictly as-is, and buyers are encouraged to perform all due diligence. Conveniently located just minutes from Smithville Lake and Community Park, and approximately one hour from Ocean City, this property combines location, flexibility, and value. Priced below market for a quick sale—don’t miss this opportunity to acquire a well-located parcel with existing improvements. Contact us today for additional details or to schedule a showing. Limited-service MLS listing. Seller will handle inquiries and negotiations directly. Listing agent holds a financial interest in the transaction.

22. 2025-08-24
    historical 1537-char remark

    Show marketing remark (1537 chars)

    Back on the market after demolition of the old house, full lot cleanup, and a garage facelift! This 0.48-acre property on Possum Hill Rd offers a strong opportunity in a desirable location less than one mile from the Maryland–Delaware state line. The lot is now cleared, providing open space and flexibility for a variety of potential uses. The property features an oversized pass-through garage (approximately 1,400 sq ft) constructed with solid cinder block, high ceilings, front and rear garage doors, and a mechanic’s pit—ideal for storage, workshop use, or equipment housing. This property offers multiple possibilities, including vehicle or equipment storage, a workshop, or potential residential use (buyer to verify zoning and building requirements). An older home previously existed on the property; however, the seller has no knowledge of the condition or status of any prior systems. The property is being sold strictly as-is, and buyers are encouraged to perform all due diligence. Conveniently located just minutes from Smithville Lake and Community Park, and approximately one hour from Ocean City, this property combines location, flexibility, and value. Priced below market for a quick sale—don’t miss this opportunity to acquire a well-located parcel with existing improvements. Contact us today for additional details or to schedule a showing. Limited-service MLS listing. Seller will handle inquiries and negotiations directly. Listing agent holds a financial interest in the transaction.

23. 2025-08-24
    price $125,000 1537-char remark

    Show marketing remark (1537 chars)

    Back on the market after demolition of the old house, full lot cleanup, and a garage facelift! This 0.48-acre property on Possum Hill Rd offers a strong opportunity in a desirable location less than one mile from the Maryland–Delaware state line. The lot is now cleared, providing open space and flexibility for a variety of potential uses. The property features an oversized pass-through garage (approximately 1,400 sq ft) constructed with solid cinder block, high ceilings, front and rear garage doors, and a mechanic’s pit—ideal for storage, workshop use, or equipment housing. This property offers multiple possibilities, including vehicle or equipment storage, a workshop, or potential residential use (buyer to verify zoning and building requirements). An older home previously existed on the property; however, the seller has no knowledge of the condition or status of any prior systems. The property is being sold strictly as-is, and buyers are encouraged to perform all due diligence. Conveniently located just minutes from Smithville Lake and Community Park, and approximately one hour from Ocean City, this property combines location, flexibility, and value. Priced below market for a quick sale—don’t miss this opportunity to acquire a well-located parcel with existing improvements. Contact us today for additional details or to schedule a showing. Limited-service MLS listing. Seller will handle inquiries and negotiations directly. Listing agent holds a financial interest in the transaction.

24. 2025-06-07
    price $114,000 1537-char remark

    Show marketing remark (1537 chars)

    Back on the market after demolition of the old house, full lot cleanup, and a garage facelift! This 0.48-acre property on Possum Hill Rd offers a strong opportunity in a desirable location less than one mile from the Maryland–Delaware state line. The lot is now cleared, providing open space and flexibility for a variety of potential uses. The property features an oversized pass-through garage (approximately 1,400 sq ft) constructed with solid cinder block, high ceilings, front and rear garage doors, and a mechanic’s pit—ideal for storage, workshop use, or equipment housing. This property offers multiple possibilities, including vehicle or equipment storage, a workshop, or potential residential use (buyer to verify zoning and building requirements). An older home previously existed on the property; however, the seller has no knowledge of the condition or status of any prior systems. The property is being sold strictly as-is, and buyers are encouraged to perform all due diligence. Conveniently located just minutes from Smithville Lake and Community Park, and approximately one hour from Ocean City, this property combines location, flexibility, and value. Priced below market for a quick sale—don’t miss this opportunity to acquire a well-located parcel with existing improvements. Contact us today for additional details or to schedule a showing. Limited-service MLS listing. Seller will handle inquiries and negotiations directly. Listing agent holds a financial interest in the transaction.

25. 2025-05-30
    price $124,000 1537-char remark

    Show marketing remark (1537 chars)

    Back on the market after demolition of the old house, full lot cleanup, and a garage facelift! This 0.48-acre property on Possum Hill Rd offers a strong opportunity in a desirable location less than one mile from the Maryland–Delaware state line. The lot is now cleared, providing open space and flexibility for a variety of potential uses. The property features an oversized pass-through garage (approximately 1,400 sq ft) constructed with solid cinder block, high ceilings, front and rear garage doors, and a mechanic’s pit—ideal for storage, workshop use, or equipment housing. This property offers multiple possibilities, including vehicle or equipment storage, a workshop, or potential residential use (buyer to verify zoning and building requirements). An older home previously existed on the property; however, the seller has no knowledge of the condition or status of any prior systems. The property is being sold strictly as-is, and buyers are encouraged to perform all due diligence. Conveniently located just minutes from Smithville Lake and Community Park, and approximately one hour from Ocean City, this property combines location, flexibility, and value. Priced below market for a quick sale—don’t miss this opportunity to acquire a well-located parcel with existing improvements. Contact us today for additional details or to schedule a showing. Limited-service MLS listing. Seller will handle inquiries and negotiations directly. Listing agent holds a financial interest in the transaction.

26. 2025-05-30
    status Active 1537-char remark

    Show marketing remark (1537 chars)

    Back on the market after demolition of the old house, full lot cleanup, and a garage facelift! This 0.48-acre property on Possum Hill Rd offers a strong opportunity in a desirable location less than one mile from the Maryland–Delaware state line. The lot is now cleared, providing open space and flexibility for a variety of potential uses. The property features an oversized pass-through garage (approximately 1,400 sq ft) constructed with solid cinder block, high ceilings, front and rear garage doors, and a mechanic’s pit—ideal for storage, workshop use, or equipment housing. This property offers multiple possibilities, including vehicle or equipment storage, a workshop, or potential residential use (buyer to verify zoning and building requirements). An older home previously existed on the property; however, the seller has no knowledge of the condition or status of any prior systems. The property is being sold strictly as-is, and buyers are encouraged to perform all due diligence. Conveniently located just minutes from Smithville Lake and Community Park, and approximately one hour from Ocean City, this property combines location, flexibility, and value. Priced below market for a quick sale—don’t miss this opportunity to acquire a well-located parcel with existing improvements. Contact us today for additional details or to schedule a showing. Limited-service MLS listing. Seller will handle inquiries and negotiations directly. Listing agent holds a financial interest in the transaction.

27. 2024-12-31
    historical 1537-char remark

    Show marketing remark (1537 chars)

    Back on the market after demolition of the old house, full lot cleanup, and a garage facelift! This 0.48-acre property on Possum Hill Rd offers a strong opportunity in a desirable location less than one mile from the Maryland–Delaware state line. The lot is now cleared, providing open space and flexibility for a variety of potential uses. The property features an oversized pass-through garage (approximately 1,400 sq ft) constructed with solid cinder block, high ceilings, front and rear garage doors, and a mechanic’s pit—ideal for storage, workshop use, or equipment housing. This property offers multiple possibilities, including vehicle or equipment storage, a workshop, or potential residential use (buyer to verify zoning and building requirements). An older home previously existed on the property; however, the seller has no knowledge of the condition or status of any prior systems. The property is being sold strictly as-is, and buyers are encouraged to perform all due diligence. Conveniently located just minutes from Smithville Lake and Community Park, and approximately one hour from Ocean City, this property combines location, flexibility, and value. Priced below market for a quick sale—don’t miss this opportunity to acquire a well-located parcel with existing improvements. Contact us today for additional details or to schedule a showing. Limited-service MLS listing. Seller will handle inquiries and negotiations directly. Listing agent holds a financial interest in the transaction.

28. 2024-06-27
    price $78,000 1537-char remark

    Show marketing remark (1537 chars)

    Back on the market after demolition of the old house, full lot cleanup, and a garage facelift! This 0.48-acre property on Possum Hill Rd offers a strong opportunity in a desirable location less than one mile from the Maryland–Delaware state line. The lot is now cleared, providing open space and flexibility for a variety of potential uses. The property features an oversized pass-through garage (approximately 1,400 sq ft) constructed with solid cinder block, high ceilings, front and rear garage doors, and a mechanic’s pit—ideal for storage, workshop use, or equipment housing. This property offers multiple possibilities, including vehicle or equipment storage, a workshop, or potential residential use (buyer to verify zoning and building requirements). An older home previously existed on the property; however, the seller has no knowledge of the condition or status of any prior systems. The property is being sold strictly as-is, and buyers are encouraged to perform all due diligence. Conveniently located just minutes from Smithville Lake and Community Park, and approximately one hour from Ocean City, this property combines location, flexibility, and value. Priced below market for a quick sale—don’t miss this opportunity to acquire a well-located parcel with existing improvements. Contact us today for additional details or to schedule a showing. Limited-service MLS listing. Seller will handle inquiries and negotiations directly. Listing agent holds a financial interest in the transaction.

29. 2024-06-27
    price $90,000 1537-char remark

    Show marketing remark (1537 chars)

    Back on the market after demolition of the old house, full lot cleanup, and a garage facelift! This 0.48-acre property on Possum Hill Rd offers a strong opportunity in a desirable location less than one mile from the Maryland–Delaware state line. The lot is now cleared, providing open space and flexibility for a variety of potential uses. The property features an oversized pass-through garage (approximately 1,400 sq ft) constructed with solid cinder block, high ceilings, front and rear garage doors, and a mechanic’s pit—ideal for storage, workshop use, or equipment housing. This property offers multiple possibilities, including vehicle or equipment storage, a workshop, or potential residential use (buyer to verify zoning and building requirements). An older home previously existed on the property; however, the seller has no knowledge of the condition or status of any prior systems. The property is being sold strictly as-is, and buyers are encouraged to perform all due diligence. Conveniently located just minutes from Smithville Lake and Community Park, and approximately one hour from Ocean City, this property combines location, flexibility, and value. Priced below market for a quick sale—don’t miss this opportunity to acquire a well-located parcel with existing improvements. Contact us today for additional details or to schedule a showing. Limited-service MLS listing. Seller will handle inquiries and negotiations directly. Listing agent holds a financial interest in the transaction.

30. 2024-01-23
    price $89,000 1537-char remark

    Show marketing remark (1537 chars)

    Back on the market after demolition of the old house, full lot cleanup, and a garage facelift! This 0.48-acre property on Possum Hill Rd offers a strong opportunity in a desirable location less than one mile from the Maryland–Delaware state line. The lot is now cleared, providing open space and flexibility for a variety of potential uses. The property features an oversized pass-through garage (approximately 1,400 sq ft) constructed with solid cinder block, high ceilings, front and rear garage doors, and a mechanic’s pit—ideal for storage, workshop use, or equipment housing. This property offers multiple possibilities, including vehicle or equipment storage, a workshop, or potential residential use (buyer to verify zoning and building requirements). An older home previously existed on the property; however, the seller has no knowledge of the condition or status of any prior systems. The property is being sold strictly as-is, and buyers are encouraged to perform all due diligence. Conveniently located just minutes from Smithville Lake and Community Park, and approximately one hour from Ocean City, this property combines location, flexibility, and value. Priced below market for a quick sale—don’t miss this opportunity to acquire a well-located parcel with existing improvements. Contact us today for additional details or to schedule a showing. Limited-service MLS listing. Seller will handle inquiries and negotiations directly. Listing agent holds a financial interest in the transaction.

31. 2024-01-23
    listed $89,000 Active 1537-char remark

    Show marketing remark (1537 chars)

    Back on the market after demolition of the old house, full lot cleanup, and a garage facelift! This 0.48-acre property on Possum Hill Rd offers a strong opportunity in a desirable location less than one mile from the Maryland–Delaware state line. The lot is now cleared, providing open space and flexibility for a variety of potential uses. The property features an oversized pass-through garage (approximately 1,400 sq ft) constructed with solid cinder block, high ceilings, front and rear garage doors, and a mechanic’s pit—ideal for storage, workshop use, or equipment housing. This property offers multiple possibilities, including vehicle or equipment storage, a workshop, or potential residential use (buyer to verify zoning and building requirements). An older home previously existed on the property; however, the seller has no knowledge of the condition or status of any prior systems. The property is being sold strictly as-is, and buyers are encouraged to perform all due diligence. Conveniently located just minutes from Smithville Lake and Community Park, and approximately one hour from Ocean City, this property combines location, flexibility, and value. Priced below market for a quick sale—don’t miss this opportunity to acquire a well-located parcel with existing improvements. Contact us today for additional details or to schedule a showing. Limited-service MLS listing. Seller will handle inquiries and negotiations directly. Listing agent holds a financial interest in the transaction.

32. 2024-01-23
    historical $79,000 1537-char remark

    Show marketing remark (1537 chars)

    Back on the market after demolition of the old house, full lot cleanup, and a garage facelift! This 0.48-acre property on Possum Hill Rd offers a strong opportunity in a desirable location less than one mile from the Maryland–Delaware state line. The lot is now cleared, providing open space and flexibility for a variety of potential uses. The property features an oversized pass-through garage (approximately 1,400 sq ft) constructed with solid cinder block, high ceilings, front and rear garage doors, and a mechanic’s pit—ideal for storage, workshop use, or equipment housing. This property offers multiple possibilities, including vehicle or equipment storage, a workshop, or potential residential use (buyer to verify zoning and building requirements). An older home previously existed on the property; however, the seller has no knowledge of the condition or status of any prior systems. The property is being sold strictly as-is, and buyers are encouraged to perform all due diligence. Conveniently located just minutes from Smithville Lake and Community Park, and approximately one hour from Ocean City, this property combines location, flexibility, and value. Priced below market for a quick sale—don’t miss this opportunity to acquire a well-located parcel with existing improvements. Contact us today for additional details or to schedule a showing. Limited-service MLS listing. Seller will handle inquiries and negotiations directly. Listing agent holds a financial interest in the transaction.

33. 1983-04-21
    soldstatus $23,000

ⓘ 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: $639 · $53/mo
• Projected year-2 tax: $783 · $65/mo
• Expected delta: +$144/yr (+$12/mo · 22.5%)

ⓘ 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 · 16 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 67% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,640
• − Mortgage interest: −$4,761
• − Property taxes: −$639
• − Insurance: −$425
• − Repairs & maintenance: −$1,651
• − Management: −$1,651
• − Depreciation: −$2,473
• Taxable income: $9,040
• Est. tax owed @ 24.0%: −$2,170
• After-tax cash flow: $7,724/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: Caroline County Public Schools
• NCES district ID: 2400180
• Math proficiency: 13% ▼ -22.00%
• Reading proficiency: 29% ▼ -14.00%
• Median HH income: $55,076
• Composite: 19.16/100
• National rank: #8823
• State rank: #17 of 24 in MD

Livability — Federalsburg

• Score: 65/100
• State rank: #266
• US rank: #13461

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 6,227

Population outlook (Caroline County) Hauer SSP2

• Today (2025): 31,205 people
• By 2030: 30,204 · -3.2%
• By 2040: 27,866 · -10.7%
• By 2050: 25,342 · -18.8%
• By 2075: 20,554 · -34.1%
• By 2100: 17,415 · -44.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority White (65%)
• Race & ethnicity: White 65% Black 25% Two or more races 6% Hispanic / Latino 3% Asian 2% Native American 2%
• Common ancestry: Romanian 2% Serbian 2% Lithuanian 1%
• Foreign-born: 6% · Canada
• Languages at home: 92% English-only · Spanish 2% Other Indo-European 2% French/Haitian/Cajun 1%

Political lean MEDSL · Caroline

• 2024 margin: Solid R (+38.0) · D 29.9% · R 67.9% · Other 2.2%
• 2008→2024 swing: -15.0pp toward R · 2008: -23.0pp · 2024: -38.0pp
• All cycles: 2024: R+38.0 2020: R+32.9 2016: R+39.5 2012: R+24.4 2008: R+23.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -2.22%
• Current HPI: 301.4384
• 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

+269.6% since first listed

18 events — show timeline

• 2026-05-05 Price Changed $85,000 BRIGHT MLS
• 2026-04-12 Price Changed $99,500 BRIGHT MLS
• 2026-02-27 Price Changed $110,000 BRIGHT MLS
• 2026-02-14 Price Changed $125,000 BRIGHT MLS
• 2026-02-09 Price Changed $124,900 BRIGHT MLS
• 2025-10-04 Relisted — BRIGHT MLS
• 2025-08-24 Price Changed $125,000 BRIGHT MLS
• 2025-08-24 Listing Removed — BRIGHT MLS
• 2025-06-07 Price Changed $114,000 BRIGHT MLS
• 2025-05-30 Price Changed $124,000 BRIGHT MLS
• 2025-05-30 Relisted — BRIGHT MLS
• 2024-12-31 Listing Removed — BRIGHT MLS
• 2024-06-27 Price Changed $78,000 BRIGHT MLS
• 2024-06-27 Price Changed $90,000 BRIGHT MLS
• 2024-01-23 Price Changed $89,000 BRIGHT MLS
• 2024-01-23 Listed $89,000 BRIGHT MLS
• 2024-01-23 Coming Soon $79,000 BRIGHT MLS
• 1983-04-21 Sold (Public Records) $23,000 Public Records

Property tax history

-2.9%/yr

Latest (2024): $639 · +0.9% YoY. Source: county tax records.