1744 Yakona Rd · Parkville, MD 21234

$235,000

3 bd · 1.5 ba · 1,534 sqft · Townhouse public records · 46 Days on market

Built 1950 1,710 sqft lot $153/sqft · at area comps Est $238k · at est.

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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 +20.1/30.0
• ARV discount +8.0/15.0
• DSCR +6.4/10.0
• 1% rule +5.2/10.0
• Rent growth +4.2/5.0
• Livability +3.9/5.0
• Condition / age +2.5/5.0
• Schools +2.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Well-maintained 3-bedroom, 1.5-bath brick townhome with updated hardwood laminate flooring throughout. The main level includes a light-filled living room, a spacious dining area, and a kitchen with all appliances and a breakfast bar for additional seating. Upstairs, there are three bedrooms and a full bath. The finished lower level offers additional living space that can be used as a family room or office, along with a half bath. Outdoor features include a covered front porch, a large patio, and a fenced backyard. Additional off-street parking is available behind the home. Stay tuned for professional photos!

Key facts

• Built 1950
• Listed 46 days

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath townhouse listed at $235k.

Deal economics

• At list price, monthly cash flow is $293 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $235k).
• Recommended offer: $228k (3.0% below list) — sets the bar for market timing.
• Cap rate 7.8% vs local median 5.3% in Parkville — 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 77/100 on livability (#77 in MD, #2,839 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, housing A+, health & safety A+; Watch: schools F, crime F.
• Baltimore County Public Schools (suburban): math 15% / reading 34% proficiency, ranked #11 of 24 in MD (top 46%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: Rents rising fast (+6.7%/yr); 225 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 42% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 1,511 units permitted in Baltimore County in 2024 (643 in 5+ unit buildings).
• This rent runs 34% of the median local income ($84k/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 $7k of value loss. Plan a longer hold.
• Baltimore County population projected at +12% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 6.7% rent growth), your $66k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 46 days — a 3% lower offer ($228k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 24y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $227,950 (3.0% below list)

Questions for the listing agent

1. It's been on market 46 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are 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. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
6. 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.
7. 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.
8. 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: 1.02% ✓
• Cap rate: 7.79%
• Cash-on-cash: 5.34%
• DSCR: 1.24
• GRM: 8.2

CMA / ARV

• ARV (median comp): $237,712
• List price: $235,000
• Delta: -1.14%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1712 Red Oak Rd	0.22mi	3/1.5	1,534 (0%)	7mo	$252,000	$164	84
1862 Yakona Rd	0.17mi	3/2.0	1,560 (+2%)	5mo	$255,000	$163	83
8619 Oak Rd	0.19mi	3/1.5	1,408 (-8%)	5mo	$225,000	$160	74
1738 Redwood	0.29mi	3/2.0	1,632 (+6%)	1mo	$255,000	$156	73
1644 Aberdeen Rd	0.64mi	3/2.0	1,516 (-1%)	4mo	$307,000	$203	63
1770 Weston Ave	0.45mi	3/1.5	1,396 (-9%)	2mo	$239,000	$171	62
1551 Putty Hill Ave	0.63mi	3/2.0	1,580 (+3%)	2mo	$335,000	$212	62
8301 Kendale Rd	0.56mi	3/1.5	1,408 (-8%)	1mo	$280,000	$199	60
1603 Thetford Rd	0.59mi	3/2.0	1,620 (+6%)	3mo	$338,000	$209	59
8415 Pleasant Plns	0.66mi	3/1.5	1,620 (+6%)	2mo	$291,000	$180	58
8446 Loch Raven Blvd	0.53mi	3/1.5	1,350 (-12%)	6mo	$230,000	$170	50
2200 Ellen Ave	0.70mi	3/1.5	1,728 (+13%)	4mo	$275,000	$159	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 · 6.68% rent growth · sell at horizon

5-year hold

• IRR: -4.0%
• Equity multiple: 0.85×
• Total profit: $-10,181
• Equity at exit: $35,039

10-year hold

• IRR: 9.5%
• Equity multiple: 1.85×
• Total profit: $56,044
• Equity at exit: $20,319

Cash invested: $65,800 (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 21234

• Rents YoY: 6.7%
• Active inventory: 225
• Price-to-rent: 8.2×

Monthly cashflow live

• Estimated rent: $2,400 high
• Mortgage (P&I): −$1,232
• Tax from tax record: −$272 /mo · $3,268/yr
• Insurance: −$98
• HOA: −$0
• Vacancy / Maint / Mgmt: −$504
• Net cashflow: $293

Break-even live

Break-even rent $2,029

Max offer price $235,000

Occupancy floor 83%

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: $58,750
• Closing costs: $7,050
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1726 Yakona Rd Unit A Parkville, MD	3.0	1.0	1865	$1,400	$0.75	44d	1	0.03mi
8650 Rock Oak Rd Parkville, MD	4.0	2.0	1800	$3,108	$1.73	44d	1	0.08mi
8623 Willow Oak Rd Parkville, MD	3.0	2.0	1395	$2,700	$1.94	44d	1	0.08mi
1714 Pin Oak Rd Parkville, MD	3.0	1.0	1534	$2,800	$1.83	5d	1	0.17mi
8617 Oak Rd Parkville, MD	3.0	1.5	1208	$2,100	$1.74	5d	1	0.21mi
8525 Chestnut Oak Rd Parkville, MD	4.0	2.0	1178	$1,995	$1.69	44d	1	0.24mi
1870 Yakona Rd Parkville, MD	4.0	2.0	1080	$2,400	$2.22	44d	1	0.24mi
8533 Oak Rd Parkville, MD	3.0	2.0	1480	$2,100	$1.42	44d	1	0.24mi
1726 Redwood Ave Parkville, MD	4.0	2.0	1435	$2,250	$1.57	18d	1	0.28mi
1644 Yakona Rd Towson, MD	3.0	2.0	1600	$2,500	$1.56	18d	1	0.28mi
1745 Amuskai Rd Parkville, MD	2.0	2.0	1260	$1,975	$1.57	44d	1	0.34mi
8451 Water Oak Rd Parkville, MD	3.0	2.0	1054	$1,950	$1.85	44d	1	0.35mi
8616 Pleasant Plains Rd Towson, MD	3.0	2.0	1580	$2,490	$1.58	15d	1	0.41mi
8592 Quentin Ave Parkville, MD	3.0	1.5	1440	$2,100	$1.46	5d	1	0.44mi
1717 Northview Rd Parkville, MD	3.0	1.5	1260	$1,980	$1.57	5d	1	0.46mi
1583 Doxbury Rd Towson, MD	4.0	2.0	1920	$3,000	$1.56	5d	1	0.48mi
8505 Pleasant Plains Rd Towson, MD	3.0	2.0	1580	$2,500	$1.58	18d	1	0.49mi
8340 Edgedale Rd Parkville, MD	3.0	2.0	1260	$2,400	$1.90	5d	1	0.49mi
1621 Thetford Rd Towson, MD	3.0	1.5	1080	$2,350	$2.18	44d	1	0.56mi
1612 Hardwick Rd Towson, MD	4.0	2.0	1275	$2,450	$1.92	3d	1	0.60mi
8426 Pleasant Plains Rd Towson, MD	3.0	1.5	1920	$2,500	$1.30	18d	1	0.61mi
8339 Wyton Rd Towson, MD	4.0	2.0	1520	$2,534	$1.67	24d	1	0.68mi
8309 Pleasant Plains Rd Towson, MD	3.0	1.0	1350	$3,000	$2.22	44d	1	0.72mi
1274 E Joppa Rd Towson, MD	2.0	1.0–2.0	990	$2,873	$2.90	2d	18	0.74mi
1809 Glen Ridge Rd Towson, MD	3.0	1.5	1640	$2,100	$1.28	44d	1	0.78mi
8768 Cimarron Cir Parkville, MD	4.0	1.5	1752	$2,395	$1.37	24d	1	0.81mi
1929 Edgewood Rd Unit 1929 Towson, MD	3.0	2.0	1700	$2,350	$1.38	11d	1	0.88mi
15 Treeway Ct Towson, MD	1.0–3.0	1.0–2.0	1100	$2,342	$2.13	2d	25	0.92mi
23 Roger Valley Ct Parkville, MD	3.0	3.5	1678	$2,850	$1.70	5d	1	0.97mi
23 Roger Valley Ct Unit 1 Parkville, MD	3.0	4.0	1678	$2,850	$1.70	5d	1	0.97mi
8130 Kirkwall Ct Towson, MD	3.0	1.5	1280	$2,625	$2.05	24d	1	0.99mi
8503 Kings Ridge Rd Parkville, MD	4.0	2.0	1200	$2,100	$1.75	5d	1	0.99mi
931 Beaverbank Cir Towson, MD	3.0	2.0	1725	$2,500	$1.45	44d	1	1.01mi
8500 Arry Pl Parkville, MD	3.0	2.5	2100	$2,500	$1.19	44d	1	1.08mi
1329 Taylor Ave Parkville, MD	2.0	1.0	1636	$1,599	$0.98	44d	1	1.09mi
7605 Hillendale Rd Parkville, MD	2.0	1.0	1050	$1,255	$1.20	44d	1	1.11mi
1376 Halstead Rd Parkville, MD	3.0	1.0	1440	$2,400	$1.67	24d	1	1.17mi
7839 Birmingham Ave Parkville, MD	3.0	1.0	1136	$1,775	$1.56	44d	1	1.23mi
8 Windersal Ln Parkville, MD	3.0	1.5	1520	$2,250	$1.48	44d	1	1.35mi
1112 Ivywood Ln Towson, MD	1.0–3.0	1.0–2.0	1191	$2,775	$2.33	2d	31	1.37mi

Listing history 18 events

1. 2026-05-04
   price $235,000 615-char remark

   Show marketing remark (615 chars)

   Well-maintained 3-bedroom, 1.5-bath brick townhome with updated hardwood laminate flooring throughout. The main level includes a light-filled living room, a spacious dining area, and a kitchen with all appliances and a breakfast bar for additional seating. Upstairs, there are three bedrooms and a full bath. The finished lower level offers additional living space that can be used as a family room or office, along with a half bath. Outdoor features include a covered front porch, a large patio, and a fenced backyard. Additional off-street parking is available behind the home. Stay tuned for professional photos!

2. 2026-04-13
   listed $242,000 Active 615-char remark

   Show marketing remark (615 chars)

   Well-maintained 3-bedroom, 1.5-bath brick townhome with updated hardwood laminate flooring throughout. The main level includes a light-filled living room, a spacious dining area, and a kitchen with all appliances and a breakfast bar for additional seating. Upstairs, there are three bedrooms and a full bath. The finished lower level offers additional living space that can be used as a family room or office, along with a half bath. Outdoor features include a covered front porch, a large patio, and a fenced backyard. Additional off-street parking is available behind the home. Stay tuned for professional photos!

3. 2026-04-13
   historical $242,000 615-char remark

   Show marketing remark (615 chars)

   Well-maintained 3-bedroom, 1.5-bath brick townhome with updated hardwood laminate flooring throughout. The main level includes a light-filled living room, a spacious dining area, and a kitchen with all appliances and a breakfast bar for additional seating. Upstairs, there are three bedrooms and a full bath. The finished lower level offers additional living space that can be used as a family room or office, along with a half bath. Outdoor features include a covered front porch, a large patio, and a fenced backyard. Additional off-street parking is available behind the home. Stay tuned for professional photos!

4. 2023-09-13
   soldstatus $230,000
5. 2023-08-17
   soldstatus $230,000 Closed 781-char remark

   Show marketing remark (781 chars)

   This classic 3BR 1.5BA brick townhome is move-in ready! Enjoy the spaciousness of this darling home inside or travel outside to sit back and unwind on the covered front porch or enjoy the large patio with a view of the plantings. This home has been freshly painted with neutrals and has new hardwood laminate flooring throughout. You will love entertaining guests in the living room that has natural light from the windows. The kitchen boasts all appliances and a breakfast bar for extra seating. The dining area is large and a great place for conversations. An upper level has 3 bedrooms that share a full bath. The finished basement has a room that could be a family or office and a half BA. Enjoy the privacy of the fenced-in backyard. Hurry our homes are going fast, act today!

6. 2023-07-10
   status Pending 781-char remark

   Show marketing remark (781 chars)

   This classic 3BR 1.5BA brick townhome is move-in ready! Enjoy the spaciousness of this darling home inside or travel outside to sit back and unwind on the covered front porch or enjoy the large patio with a view of the plantings. This home has been freshly painted with neutrals and has new hardwood laminate flooring throughout. You will love entertaining guests in the living room that has natural light from the windows. The kitchen boasts all appliances and a breakfast bar for extra seating. The dining area is large and a great place for conversations. An upper level has 3 bedrooms that share a full bath. The finished basement has a room that could be a family or office and a half BA. Enjoy the privacy of the fenced-in backyard. Hurry our homes are going fast, act today!

7. 2023-05-18
   listed $230,000 Active 781-char remark

   Show marketing remark (781 chars)

   This classic 3BR 1.5BA brick townhome is move-in ready! Enjoy the spaciousness of this darling home inside or travel outside to sit back and unwind on the covered front porch or enjoy the large patio with a view of the plantings. This home has been freshly painted with neutrals and has new hardwood laminate flooring throughout. You will love entertaining guests in the living room that has natural light from the windows. The kitchen boasts all appliances and a breakfast bar for extra seating. The dining area is large and a great place for conversations. An upper level has 3 bedrooms that share a full bath. The finished basement has a room that could be a family or office and a half BA. Enjoy the privacy of the fenced-in backyard. Hurry our homes are going fast, act today!

8. 2023-05-09
   historical $230,000 781-char remark

   Show marketing remark (781 chars)

   This classic 3BR 1.5BA brick townhome is move-in ready! Enjoy the spaciousness of this darling home inside or travel outside to sit back and unwind on the covered front porch or enjoy the large patio with a view of the plantings. This home has been freshly painted with neutrals and has new hardwood laminate flooring throughout. You will love entertaining guests in the living room that has natural light from the windows. The kitchen boasts all appliances and a breakfast bar for extra seating. The dining area is large and a great place for conversations. An upper level has 3 bedrooms that share a full bath. The finished basement has a room that could be a family or office and a half BA. Enjoy the privacy of the fenced-in backyard. Hurry our homes are going fast, act today!

9. 2023-03-31
   historical
10. 2022-01-13
    soldstatus $195,000
11. 2021-12-27
    soldstatus $195,000 Closed
12. 2021-10-28
    status Pending
13. 2021-10-09
    listed $195,000 Active
14. 2003-06-03
    soldstatus $92,000
15. 2002-10-18
    soldstatus $92,000
16. 2002-09-09
    historical
17. 2002-09-02
    listed $96,000
18. 1988-10-06
    soldstatus $63,000

ⓘ 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: $3,268 · $272/mo
• Projected year-2 tax: $3,268 · $272/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 3/10 Moderate
• 🌡 Heat 7/10 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 3 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $28,795
• − Mortgage interest: −$13,164
• − Property taxes: −$3,268
• − Insurance: −$1,175
• − Repairs & maintenance: −$2,304
• − Management: −$2,304
• − Depreciation: −$6,836
• Taxable loss: −$255
• Est. tax savings @ 24.0%: +$61
• After-tax cash flow: $3,578/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Baltimore County Public Schools
• NCES district ID: 2400120
• Math proficiency: 15% ▼ -16.00%
• Reading proficiency: 34% ▼ -5.00%
• Median HH income: $66,746
• Composite: 23.17/100
• National rank: #7948
• State rank: #11 of 24 in MD

Livability — Parkville

• Score: 77/100
• State rank: #77
• US rank: #2839

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Parkville, MD
• County: Baltimore County · 769,527 people
• City population: 66,334
• Metro: Baltimore-Columbia-Towson, MD
• Population (ZIP): 66,334
• Household income: $83,517
• Rent vs Own: 35.5% rent · 64.5% own
• Severe rent burden: 2719.0

Population outlook (Baltimore County) Hauer SSP2

• Today (2025): 885,518 people
• By 2030: 909,272 · +2.7%
• By 2040: 951,547 · +7.5%
• By 2050: 990,955 · +11.9%
• By 2075: 1,086,411 · +22.7%
• By 2100: 1,135,078 · +28.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.58)
• Race & ethnicity: White 58% Black 28% Asian 5% Hispanic / Latino 5% Two or more races 5%
• Common ancestry: Romanian 5% Lithuanian 1% Italian 1%
• Foreign-born: 10% · Canada, China, South Korea
• Languages at home: 89% English-only · Spanish 3% Other Indo-European 2% Tagalog/Filipino 1%

Political lean MEDSL · Baltimore

• 2024 margin: Strong D (+24.5) · D 61.0% · R 36.5% · Other 2.5%
• 2008→2024 swing: +9.9pp toward D · 2008: 14.6pp · 2024: 24.5pp
• All cycles: 2024: D+24.5 2020: D+27.0 2016: D+17.4 2012: D+16.4 2008: D+14.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -247.04%
• Current HPI: 254.3824
• Rent YoY: ▲ 6.68%
• 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

+273.0% since first listed

18 events — show timeline

• 2026-05-04 Price Changed $235,000 BRIGHT MLS
• 2026-04-13 Listed $242,000 BRIGHT MLS
• 2026-04-13 Coming Soon $242,000 BRIGHT MLS
• 2023-09-13 Sold (Public Records) $230,000 Public Records
• 2023-08-17 Sold (MLS) $230,000 BRIGHT MLS
• 2023-07-10 Pending — BRIGHT MLS
• 2023-05-18 Listed $230,000 BRIGHT MLS
• 2023-05-09 Coming Soon $230,000 BRIGHT MLS
• 2023-03-31 Rental Removed — RENT.
• 2022-01-13 Sold (Public Records) $195,000 Public Records
• 2021-12-27 Sold (MLS) $195,000 BRIGHT MLS
• 2021-10-28 Pending — BRIGHT MLS
• 2021-10-09 Listed $195,000 BRIGHT MLS
• 2003-06-03 Sold (Public Records) $92,000 Public Records
• 2002-10-18 Sold (MLS) $92,000 MRIS
• 2002-09-09 Delisted — MRIS
• 2002-09-02 Listed $96,000 MRIS
• 1988-10-06 Sold (Public Records) $63,000 Public Records

Property tax history

+3.9%/yr

Latest (2025): $3,268 · +33.9% YoY. Source: county tax records.