200 Boones Dr · Marlboro Meadows, MD 20711

$168,000

4 bd · 2.0 ba · 1,600 sqft · SingleFamily · 42 Days on market

Built 2007 Good condition 4,500 sqft lot $105/sqft · 47% above area Est $114k · 47% over

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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 +26.3/30.0
• DSCR +8.9/10.0
• 1% rule +7.0/10.0
• Condition / age +3.8/5.0
• Livability +3.1/5.0
• Schools +2.9/10.0
• Rent growth +2.5/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Gorgeous 4 Bedroom Double Wide in Sought After Boones Estates! With over 1400 Square Feet of Living Space this home is Loaded with Updates Including New Windows, Big Kitchen With Freshly Painted Cabinets, Granite Counters, Stainless Steel Appliances, Island Breakfast Bar and Custom Ceramic Backsplash. Home Features Luxury Vinyl Plank Floors and Custom Crown and Base Molding Throughout Main Areas. Large Primary Bedroom with Private Superbath, Dual Sink Vanity, Custom Ceramic Double Shower and Walk-in Closet. Nice Sized 2nd, 3rd and 4th Bedrooms with Wood Burning Fireplace in the 4th. There is a Big Living Room for Entertaining Inside with a side door Leading to a Huge Custom Paver Patio for Entertaining Outside. Other Outside Features are a Big Covered Front Porch, Sidewalks, Landscaping and a Secure Storage Shed with Electric. Community Perks Include Swimming Pool, Two Tot Lots, Basketball and Tennis Court. Don't Delay! This Beauty will not Last!

Key facts

• 4,500 sq ft lot
• Community pool
• Built 2007

Property features AI

Finance

• Other: Ownership is ground rent
• Financial info: Ground rent paid monthly
• HOA & community: Located in Boones Mobile Estates; Community pool

Exterior

• Parking: Driveway
• Utilities: Community water; Community septic tank; Electric cooling and hot water
• Home design: Manufactured double-wide home; Estimated year built; Major renovation or remodel in 2022; Above-grade living space; 28 ft. by 60 ft. (double wide); Made by Colony
• Construction: Vinyl siding; Asphalt shingle roof; Pillar/post/pier foundation; Double-pane, double-hung vinyl-clad windows with screens
• Exterior features: Exterior lighting; Extensive hardscape; Sidewalks; Porches; Patios; Community pool; Ground rent applies (paid monthly)

Interior

• Kitchen: Refrigerator; Dishwasher; Gas range/oven; Range hood; Kitchen island
• Bedrooms: Four bedrooms on the main level
• Flooring: Luxury vinyl plank; Carpet
• Bathrooms: Two full bathrooms on the main level; Two full bathrooms total
• Heating & cooling: Forced air heating; Propane (leased) heating fuel; Central air conditioning; Ceiling fans; Electric hot water
• Interior features: Open floor plan; Crown moldings; Ceiling fans; Dining area; Country-style kitchen; Kitchen island; Master bathroom; Stall shower; Walk-in closets; Sliding glass door; Estimated living area
• Laundry & utility: Washer and dryer; Main-floor laundry

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $168k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $433 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $168k).
• Recommended offer: $163k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 62/100 on livability (#327 in MD) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A+, crime A-; Watch: amenities F, commute F, cost of living D-.
• 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.
• Zoned schools: Traceys Elementary (math 13% / reading 15%, grade F, #513 of 860 statewide, top 60%, 437 students, 60% FRL); Southern Middle (math 8% / reading 39%, grade F, #118 of 225 statewide, top 54%, 755 students, 45% FRL); Southern High (math 52% / reading 73%, grade B-, #62 of 222 statewide, top 29%, 1,066 students, 40% FRL) — zoned schools average 48% FRL vs 25% district-wide (23 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 51 active listings in the ZIP; 1,303 units permitted in Anne Arundel County in 2024 (299 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 $5k 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.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $47k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 42 days — a 3% lower offer ($163k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 3y 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.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 27% 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 $162,960 (3.0% below list)

Questions for the listing agent

1. It's been on market 42 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
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: 1.20% ✓
• Cap rate: 9.39%
• Cash-on-cash: 11.05%
• DSCR: 1.49
• GRM: 6.9

CMA / ARV

• ARV (median comp): $114,046
• List price: $168,000
• Delta: 47.31%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 11 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
402 Boones Dr	0.13mi	3/2.0 (-1)	1,539 (-4%)	2mo	$169,000	$110	81
312 Berts Dr	0.21mi	3/2.0 (-1)	1,600 (0%)	10mo	$138,000	$86	77
302 Berts Dr	0.24mi	3/2.0 (-1)	1,620 (+1%)	8mo	$165,000	$102	75
222 Ella Welch Way	0.05mi	4/2.0	1,700 (+6%)	17mo	$120,000	$71	73
1021 Marlboro Rd	0.27mi	3/2.0 (-1)	1,562 (-2%)	10mo	$365,000	$234	70
91 Berts Dr	0.23mi	3/2.0 (-1)	1,660 (+4%)	13mo	$160,000	$96	67
1 Boones Dr	0.27mi	4/2.0	1,464 (-8%)	9mo	$160,000	$109	65
997 Mount Zion Marlboro Rd	0.31mi	5/3.0 (+1)	1,508 (-6%)	4mo	$565,000	$375	64
88 Edward Ln	0.25mi	3/2.0 (-1)	1,750 (+9%)	14mo	$94,000	$54	56
82B Edward Ln	0.24mi	3/2.0 (-1)	1,500 (-6%)	23mo	$130,000	$87	55
324 Boones Dr	0.26mi	3/2.0 (-1)	1,780 (+11%)	17mo	$130,400	$73	50

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 0.2%
• Equity multiple: 1.01×
• Total profit: $383
• Equity at exit: $25,049

10-year hold

• IRR: 9.9%
• Equity multiple: 1.76×
• Total profit: $35,965
• Equity at exit: $14,526

Cash invested: $47,040 (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 20711

• Active inventory: 51
• Price-to-rent: 6.9×

Monthly cashflow live

• Estimated rent: $2,018 medium
• Mortgage (P&I): −$881
• Tax est. 1.5%: −$210 /mo · $2,520/yr
• Insurance: −$70
• HOA: −$0
• Vacancy / Maint / Mgmt: −$424
• Net cashflow: $433

Break-even live

Break-even rent $1,470

Max offer price $168,000

Occupancy floor 74%

Sensitivity live

Price	-10% $549	-5% $491	+0% $433	+5% $375	+10% $317
Rent	-10% $274	-5% $353	+0% $433	+5% $513	+10% $592
Rate	-1.0pp $518	-0.5pp $476	base $433	+0.5pp $389	+1.0pp $345

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: $42,000
• Closing costs: $5,040
• Reserves months: —
• Total cash needed: —

Listing history 20 events

1. 2026-06-21
   days on market $168,000 Active 42 DOM
2. 2026-06-18
   days on market $168,000 Active 39 DOM
3. 2026-06-17
   days on market $168,000 Active 38 DOM
4. 2026-06-16
   days on market $168,000 Active 37 DOM
5. 2026-06-15
   days on market $168,000 Active 36 DOM
6. 2026-06-13
   days on market $168,000 Active 34 DOM
7. 2026-06-10
   price $168,000 Active 30 DOM
8. 2026-06-09
   days on market $175,000 Active 30 DOM
9. 2026-06-08
   days on market $175,000 Active 29 DOM
10. 2026-06-07
    days on market $175,000 Active 28 DOM
11. 2026-06-04
    days on market $175,000 Active 25 DOM
12. 2026-06-03
    days on market $175,000 Active 24 DOM
13. 2026-06-02
    days on market $175,000 Active 23 DOM
14. 2026-06-01
    days on market $175,000 Active 22 DOM
15. 2026-05-31
    days on market $175,000 Active 21 DOM
16. 2026-05-11
    listed $175,000 Active 264-char remark
17. 2026-05-06
    historical $175,000 264-char remark
18. 2023-03-13
    soldstatus $168,000 Closed 961-char remark

    Show marketing remark (961 chars)

    Gorgeous 4 Bedroom Double Wide in Sought After Boones Estates! With over 1400 Square Feet of Living Space this home is Loaded with Updates Including New Windows, Big Kitchen With Freshly Painted Cabinets, Granite Counters, Stainless Steel Appliances, Island Breakfast Bar and Custom Ceramic Backsplash. Home Features Luxury Vinyl Plank Floors and Custom Crown and Base Molding Throughout Main Areas. Large Primary Bedroom with Private Superbath, Dual Sink Vanity, Custom Ceramic Double Shower and Walk-in Closet. Nice Sized 2nd, 3rd and 4th Bedrooms with Wood Burning Fireplace in the 4th. There is a Big Living Room for Entertaining Inside with a side door Leading to a Huge Custom Paver Patio for Entertaining Outside. Other Outside Features are a Big Covered Front Porch, Sidewalks, Landscaping and a Secure Storage Shed with Electric. Community Perks Include Swimming Pool, Two Tot Lots, Basketball and Tennis Court. Don't Delay! This Beauty will not Last!

19. 2023-02-27
    status Pending 961-char remark

    Show marketing remark (961 chars)

    Gorgeous 4 Bedroom Double Wide in Sought After Boones Estates! With over 1400 Square Feet of Living Space this home is Loaded with Updates Including New Windows, Big Kitchen With Freshly Painted Cabinets, Granite Counters, Stainless Steel Appliances, Island Breakfast Bar and Custom Ceramic Backsplash. Home Features Luxury Vinyl Plank Floors and Custom Crown and Base Molding Throughout Main Areas. Large Primary Bedroom with Private Superbath, Dual Sink Vanity, Custom Ceramic Double Shower and Walk-in Closet. Nice Sized 2nd, 3rd and 4th Bedrooms with Wood Burning Fireplace in the 4th. There is a Big Living Room for Entertaining Inside with a side door Leading to a Huge Custom Paver Patio for Entertaining Outside. Other Outside Features are a Big Covered Front Porch, Sidewalks, Landscaping and a Secure Storage Shed with Electric. Community Perks Include Swimming Pool, Two Tot Lots, Basketball and Tennis Court. Don't Delay! This Beauty will not Last!

20. 2023-02-21
    listed $168,000 Active 961-char remark

    Show marketing remark (961 chars)

    Gorgeous 4 Bedroom Double Wide in Sought After Boones Estates! With over 1400 Square Feet of Living Space this home is Loaded with Updates Including New Windows, Big Kitchen With Freshly Painted Cabinets, Granite Counters, Stainless Steel Appliances, Island Breakfast Bar and Custom Ceramic Backsplash. Home Features Luxury Vinyl Plank Floors and Custom Crown and Base Molding Throughout Main Areas. Large Primary Bedroom with Private Superbath, Dual Sink Vanity, Custom Ceramic Double Shower and Walk-in Closet. Nice Sized 2nd, 3rd and 4th Bedrooms with Wood Burning Fireplace in the 4th. There is a Big Living Room for Entertaining Inside with a side door Leading to a Huge Custom Paver Patio for Entertaining Outside. Other Outside Features are a Big Covered Front Porch, Sidewalks, Landscaping and a Secure Storage Shed with Electric. Community Perks Include Swimming Pool, Two Tot Lots, Basketball and Tennis Court. Don't Delay! This Beauty will not Last!

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

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 · 16 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $24,212
• − Mortgage interest: −$9,411
• − Property taxes: −$2,520
• − Insurance: −$840
• − Repairs & maintenance: −$1,937
• − Management: −$1,937
• − Depreciation: −$4,887
• Taxable income: $2,680
• Est. tax owed @ 24.0%: −$643
• After-tax cash flow: $4,552/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.

Condition & rehab AI · 12 photos

Good 75/100 Cosmetic rehab

This well-maintained, updated home in Boones Estates is move-in ready with a good condition score and minimal repairs needed.

Value-add opportunities

• Resale paint the exterior shutters — enhances curb appeal
• Rental install new outdoor lighting — improves safety and curb appeal
• Both install a smart thermostat — improves energy efficiency and comfort

Renovation cost estimate screening

Value-add ROI direction

• Resale paint the exterior shutters — enhances curb appeal ↑
• Rental install new outdoor lighting — improves safety and curb appeal ↑
• Both install a smart thermostat — improves energy efficiency and comfort ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

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 — Marlboro Meadows

• Score: 62/100
• State rank: #327
• US rank: #17129

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 7,629

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 0.57)
• Race & ethnicity: White 60% Hispanic / Latino 24% Two or more races 12% Black 11%
• Hispanic origin (detail): Mexican 2% Puerto Rican 2%
• Common ancestry: Portuguese 3% Scotch-Irish 2% Italian 1%
• Foreign-born: 10% · Canada
• Languages at home: 86% English-only · Spanish 10% Other Asian/Pacific 2%

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: ▼ -131.12%
• Current HPI: 232.1067
• 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

+0.0% since first listed

6 events — show timeline

• 2026-06-09 Price Changed $168,000 BRIGHT MLS
• 2026-05-11 Listed $175,000 BRIGHT MLS
• 2026-05-06 Coming Soon $175,000 BRIGHT MLS
• 2023-03-13 Sold (MLS) $168,000 BRIGHT MLS
• 2023-02-27 Pending — BRIGHT MLS
• 2023-02-21 Listed $168,000 BRIGHT MLS