505 Villa Carol Dr · Glen Burnie, MD 21060

$250,000

4 bd · 3.0 ba · 2,030 sqft · SingleFamily public records · 1 Days on market

Built 1980 0.27 ac lot Est $441k · 43% under

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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 +23.3/30.0
• ARV discount +15.0/15.0
• DSCR +7.5/10.0
• 1% rule +6.3/10.0
• Livability +3.6/5.0
• Rent growth +3.4/5.0
• Schools +2.9/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

THIS ONE WON'T LAST LONG! Fresh Paint and Brand New Carpet really show off this oversized split foyer in Gerarl Plaza. 4 total bedrooms w/ a 5th that could be an office/study and 3 full bathrooms. Home sits on a lovely lot with a rear deck. Home sold "AS IS" seller priced this home to sell, come add your finishing touches.

Key facts

• 0.27 acre lot
• Built 1980

Property features AI

Exterior

• Parking: Paved driveway; Off-street parking via driveway
• Utilities: Public water; Public sewer; Electric service for heating, cooling, and hot water
• Home design: Detached property; Combination and brick exterior
• Construction: Combination and brick construction; Foundation: Other
• Exterior features: Deck(s); Outside entrance to basement; Rear entrance to basement; Fully finished basement

Interior

• Kitchen: Dishwasher; Refrigerator; Stove
• Bedrooms: Three bedrooms on the main level; One bedroom on the first lower level
• Bathrooms: Two full bathrooms on the main level; One full bathroom on the first lower level; Three full bathrooms total
• Heating & cooling: Central heating (electric); Central air conditioning (electric); Electric hot water
• Interior features: Attic; Dining area; Master bath(s); Traditional floor plan; Wood-burning fireplace (1)
• Laundry & utility: Washer; Dryer

What this means for you Summary

Snapshot

• This is a 4-bed/3.0-bath single-family listed at $250k.

Deal economics

• At list price, monthly cash flow is $457 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $250k).
• Cap rate 8.5% vs local median 4.4% in Glen Burnie — 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 72/100 on livability (#135 in MD) — a middle-class / working-renter tenant base. Strengths: commute A+, employment A+, housing A+; Watch: cost of living C-, schools D-, crime F.
• Anne Arundel County Public Schools (suburban): math 20% / reading 37% proficiency, ranked #10 of 24 in MD (top 42%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: Rents rising (+3.4%/yr); 166 active listings in the ZIP; 9 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 1,303 units permitted in Anne Arundel County in 2024 (299 in 5+ unit buildings).
• This rent runs 32% of the median local income ($105k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
• Anne Arundel County population projected at +17% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts since 29y ago; this cycle's ask is 25% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

Risks & watch-outs

• 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 $250,000

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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?
3. 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?
4. 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.
5. 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.
6. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.13% ✓
• Cap rate: 8.49%
• Cash-on-cash: 7.84%
• DSCR: 1.35
• GRM: 7.4

CMA / ARV

• ARV (on-the-fly): $440,510
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
122 Gerard Dr	0.23mi	5/2.5 (+1)	2,040 (+0%)	1mo	$425,000	$208	81
505 Villa Carol Dr	0.00mi	4/3.0	2,292 (+13%)	1mo	$283,000	$123	78
225 Shana Rd	0.25mi	4/2.0	1,952 (-4%)	7mo	$430,000	$220	72
507 Villa Carol Dr	0.02mi	3/2.5 (-1)	1,839 (-9%)	10mo	$480,000	$261	69
1 Summit Ave	0.36mi	4/2.5	1,798 (-11%)	4mo	$415,000	$231	58
102 Louise Ter	0.67mi	4/3.0	2,100 (+3%)	9mo	$419,900	$200	56
30 Queen Anne Rd	0.45mi	4/3.5	2,254 (+11%)	4mo	$449,000	$199	55
712 Partridge Ln	0.64mi	3/3.0 (-1)	2,175 (+7%)	0mo	$495,000	$228	53
237 Cinmar Rd	0.52mi	4/2.0	1,896 (-7%)	9mo	$412,000	$217	53
100 Sandsbury Ave	0.55mi	4/2.0	2,210 (+9%)	6mo	$433,000	$196	51
124 Louise Ter	0.62mi	4/2.0	1,848 (-9%)	4mo	$435,000	$235	49
2 Stevens Rd	0.71mi	5/2.0 (+1)	2,124 (+5%)	8mo	$395,000	$186	43

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 · 3.44% rent growth · sell at horizon

5-year hold

• IRR: -3.8%
• Equity multiple: 0.86×
• Total profit: $-10,065
• Equity at exit: $37,276

10-year hold

• IRR: 6.4%
• Equity multiple: 1.49×
• Total profit: $34,191
• Equity at exit: $21,615

Cash invested: $70,000 (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 21060

• Rents YoY: 3.4%
• Active inventory: 166
• Price-to-rent: 7.4×

Monthly cashflow live

• Estimated rent: $2,814 high
• Mortgage (P&I): −$1,311
• Tax from tax record: −$351 /mo · $4,210/yr
• Insurance: −$104
• HOA: −$0
• Vacancy / Maint / Mgmt: −$591
• Net cashflow: $457

Break-even live

Break-even rent $2,235

Max offer price $250,000

Occupancy floor 79%

Sensitivity live

Price	-10% $599	-5% $528	+0% $457	+5% $387	+10% $316
Rent	-10% $235	-5% $346	+0% $457	+5% $569	+10% $680
Rate	-1.0pp $583	-0.5pp $521	base $457	+0.5pp $393	+1.0pp $327

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: $62,500
• Closing costs: $7,500
• Reserves months: —
• Total cash needed: —

Rent comps 9 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
124 Louise Ter Glen Burnie, MD	4.0	2.0	1848	$2,300	$1.24	44d	1	0.59mi
7802 Jeff Mar Dr Glen Burnie, MD	4.0	2.5	2670	$2,700	$1.01	6d	1	0.95mi
7810 Foxcove Ct Glen Burnie, MD	3.0	2.0	1580	$2,500	$1.58	6d	1	1.14mi
7802 Five Oaks Ct Glen Burnie, MD	3.0	3.0	2200	$2,995	$1.36	25d	1	1.18mi
225 Foxmanor Ln Glen Burnie, MD	3.0	2.5	1690	$2,900	$1.72	44d	1	1.23mi
7524 Holly Ridge Dr Glen Burnie, MD	3.0	3.5	2195	$3,100	$1.41	44d	1	1.31mi
1229 Crawford Dr Glen Burnie, MD	3.0	2.0	1656	$2,950	$1.78	25d	1	1.36mi
726 Millhouse Dr Glen Burnie, MD	4.0	2.5	2232	$3,000	$1.34	6d	1	1.39mi
406 N St SE Glen Burnie, MD	3.0	2.0	1840	$2,900	$1.58	25d	1	1.43mi

Listing history 17 events

1. 2026-04-29
   status Pending
2. 2026-04-23
   historical $250,000
3. 2012-08-02
   soldstatus $230,000
4. 2012-07-23
   soldstatus $230,000 Sold 334-char remark

   Show marketing remark (334 chars)

   THIS ONE WON'T LAST LONG! Fresh Paint and Brand New Carpet really show off this oversized split foyer in Gerarl Plaza. 4 total bedrooms w/ a 5th that could be an office/study and 3 full bathrooms. Home sits on a lovely lot with a rear deck. Home sold "AS IS" seller priced this home to sell, come add your finishing touches.

5. 2012-07-23
   soldstatus $230,000 334-char remark

   Show marketing remark (334 chars)

   THIS ONE WON'T LAST LONG! Fresh Paint and Brand New Carpet really show off this oversized split foyer in Gerarl Plaza. 4 total bedrooms w/ a 5th that could be an office/study and 3 full bathrooms. Home sits on a lovely lot with a rear deck. Home sold "AS IS" seller priced this home to sell, come add your finishing touches.

6. 2012-06-22
   status Contract 334-char remark

   Show marketing remark (334 chars)

   THIS ONE WON'T LAST LONG! Fresh Paint and Brand New Carpet really show off this oversized split foyer in Gerarl Plaza. 4 total bedrooms w/ a 5th that could be an office/study and 3 full bathrooms. Home sits on a lovely lot with a rear deck. Home sold "AS IS" seller priced this home to sell, come add your finishing touches.

7. 2012-06-22
   historical 334-char remark

   Show marketing remark (334 chars)

   THIS ONE WON'T LAST LONG! Fresh Paint and Brand New Carpet really show off this oversized split foyer in Gerarl Plaza. 4 total bedrooms w/ a 5th that could be an office/study and 3 full bathrooms. Home sits on a lovely lot with a rear deck. Home sold "AS IS" seller priced this home to sell, come add your finishing touches.

8. 2012-06-19
   listed $200,000 Active 334-char remark

   Show marketing remark (334 chars)

   THIS ONE WON'T LAST LONG! Fresh Paint and Brand New Carpet really show off this oversized split foyer in Gerarl Plaza. 4 total bedrooms w/ a 5th that could be an office/study and 3 full bathrooms. Home sits on a lovely lot with a rear deck. Home sold "AS IS" seller priced this home to sell, come add your finishing touches.

9. 2012-06-19
   listed $200,000 334-char remark

   Show marketing remark (334 chars)

   THIS ONE WON'T LAST LONG! Fresh Paint and Brand New Carpet really show off this oversized split foyer in Gerarl Plaza. 4 total bedrooms w/ a 5th that could be an office/study and 3 full bathrooms. Home sits on a lovely lot with a rear deck. Home sold "AS IS" seller priced this home to sell, come add your finishing touches.

10. 1998-06-04
    soldstatus $140,000
11. 1998-05-12
    soldstatus $140,000
12. 1998-04-07
    historical
13. 1998-01-07
    listed $142,900
14. 1998-01-06
    historical
15. 1997-08-22
    listed
16. 1993-06-08
    soldstatus $133,000
17. 1981-04-28
    soldstatus $72,000

ⓘ 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: $4,210 · $351/mo
• Projected year-2 tax: $4,210 · $351/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 ≥103°F today · 15 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $33,772
• − Mortgage interest: −$14,004
• − Property taxes: −$4,210
• − Insurance: −$1,250
• − Repairs & maintenance: −$2,702
• − Management: −$2,702
• − Depreciation: −$7,273
• Taxable income: $1,632
• Est. tax owed @ 24.0%: −$392
• After-tax cash flow: $5,096/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: Anne Arundel County Public Schools
• NCES district ID: 2400060
• Math proficiency: 20% ▼ -21.00%
• Reading proficiency: 37% ▼ -13.00%
• Median HH income: $87,880
• Composite: 28.52/100
• National rank: #6733
• State rank: #10 of 24 in MD

Livability — Glen Burnie

• Score: 72/100
• State rank: #135
• US rank: #5815

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Glen Burnie, MD
• County: Anne Arundel County · 535,653 people
• City population: 96,960
• Metro: Baltimore-Columbia-Towson, MD
• Population (ZIP): 39,730
• Household income: $104,715
• Rent vs Own: 22.6% rent · 77.4% own
• Severe rent burden: 976.0

Population outlook (Anne Arundel County) Hauer SSP2

• Today (2025): 617,384 people
• By 2030: 642,094 · +4.0%
• By 2040: 686,621 · +11.2%
• By 2050: 723,031 · +17.1%
• By 2075: 809,346 · +31.1%
• By 2100: 837,658 · +35.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.62)
• Race & ethnicity: White 55% Black 24% Hispanic / Latino 12% Two or more races 7% Asian 4%
• Hispanic origin (detail): Mexican 3% Puerto Rican 2%
• Common ancestry: Romanian 5% Slovak 1% Italian 1%
• Foreign-born: 12% · Canada, China, Jamaica
• Languages at home: 85% English-only · Spanish 9% Other Indo-European 2% Tagalog/Filipino 1%

Political lean MEDSL · Anne Arundel

• 2024 margin: D (+13.9) · D 55.7% · R 41.7% · Other 2.6%
• 2008→2024 swing: +15.7pp toward D · 2008: -1.8pp · 2024: 13.9pp
• All cycles: 2024: D+13.9 2020: D+14.5 2016: D+0.7 2012: R+0.9 2008: R+1.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -305.56%
• Current HPI: 304.5692
• Rent YoY: ▲ 3.44%
• 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

+247.2% since first listed

17 events — show timeline

• 2026-04-29 Pending — BRIGHT MLS
• 2026-04-23 Coming Soon $250,000 BRIGHT MLS
• 2012-08-02 Sold (Public Records) $230,000 Public Records
• 2012-07-23 Sold (MLS) $230,000 BRIGHT MLS
• 2012-07-23 Sold (MLS) $230,000 MRIS
• 2012-06-22 Pending — MRIS
• 2012-06-22 Listing Removed — BRIGHT MLS
• 2012-06-19 Listed $200,000 MRIS
• 2012-06-19 Listed $200,000 BRIGHT MLS
• 1998-06-04 Sold (Public Records) $140,000 Public Records
• 1998-05-12 Sold (MLS) $140,000 MRIS
• 1998-04-07 Delisted — MRIS
• 1998-01-07 Listed $142,900 MRIS
• 1998-01-06 Delisted — MRIS
• 1997-08-22 Listed — MRIS
• 1993-06-08 Sold (Public Records) $133,000 Public Records
• 1981-04-28 Sold (Public Records) $72,000 Public Records

Property tax history

+6.4%/yr

Latest (2025): $4,210 · +4.9% YoY. Source: county tax records.