OFF_MARKETRisky Deal1 days on market

47 Seafarer Ln

47 Seafarer Ln, Ocean Pines, MD 21811, Ocean Pines, MD 21811
$375,000
Zestimate®:$374,900

Listing Price

Property image 1
47 Seafarer Ln, Ocean Pines, MD 21811
Loc: Ocean Pines, MD
Days Listed
1
Tax Assessed
$296k
Zestimate®
$375k
Market Rate
Lot Size
9,583 sqft
Rent Estimate
$2,294/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

8

Showell Elementary School

PK-4
1.3 mi away
10

Stephen Decatur Middle School

7-8
3.5 mi away
7

Stephen Decatur High School

9-12
3.2 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
4.44%
Total ROI
55.4%
Cash Flow
$-557/mo
DSCR
0.71
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-05-27Sold$375,000$296
2026-04-20Contingent$375,000$296
2026-04-16Listed for sale$375,000$296
2015-04-24Sold$168,000$133
2015-03-12Listed for sale$166,227$131
2004-04-15Sold$195,000$154
1997-02-27Sold$91,750$72

Tax History

YearProperty TaxTax Assessment
2025$1,861.56$267,367
2024$2,285.32$238,800
2023$2,106.36$220,100
2022$1,927.4$238,800
2021$1,748.44$182,700
2020$1,698.99$177,533
2019$1,649.55$182,700
2018$1,583.38$167,200
2017$1,507.31$159,167
2016$1,511.79$151,133
2015$1,511.79$143,100
2014$1,511.79$143,100
2013$0$143,100
2012$0$187,800
2011$0$187,800
2010$0$187,800
2009$0$253,440
2008$0$226,460
2007$0$199,480
2006$0$172,500
2005$0$152,560
2004$0$132,620
2003$0$112,680
2002$0$105,042
2001$0$97,406
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
2
Sq Ft
1,266
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $375,000Rent Basis: Observed Comp Model ($2,294/mo)State Tax Benchmark: 1.09% (MD)Hazard Reserve: $109/mo
Haven ScoreRisky
1/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
4.44%

NOI: $16,663/yr

Cash-on-Cash Yield
-7.8%

On $86,250 invested

DSCR Ratio
0.71x

Negative debt coverage

5-Yr Leveraged ROI
+55.4%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (1.09% of basis)-$269/mo
Homeowner / Hazard Insurance-$109/mo
Vacancy Reserve (5% of rent)-$115/mo
Repairs & Maintenance (10% of rent)-$229/mo
Property Management (8% of rent)-$184/mo
Total Pure Operating Expenses-$905/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,294/mo
Less: Operating Expenses-$905/mo
Net Operating Income (NOI)+$1,389/mo
Less: Debt Service (30yr @ 6.75%)-$1,946/mo
Net Cash Flow
$-557/mo
$-6,687/year
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