OFF_MARKETRisky Deal1 days on market

303 Schooner Ln #102

303 Schooner Ln #102, Berlin, MD 21811, Berlin, MD 21811
$330,000
Zestimate®:$301,900

Listing Price

Property image 1
303 Schooner Ln #102, Berlin, MD 21811
Loc: Berlin, MD
Days Listed
1
Tax Assessed
$234k
Zestimate®
$302k
Market Rate
Rent Estimate
$2,340/mo
Est. Cash Flow base
Type
townhouse

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

Buckingham Elementary School

PK-4
0.8 mi away
10

Stephen Decatur Middle School

7-8
1.7 mi away
7

Stephen Decatur High School

9-12
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
5.41%
Total ROI
76.5%
Cash Flow
$-223/mo
DSCR
0.87
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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
2026-09-02Contingent$304,000$182
2026-07-31Price change$304,000$182
2026-07-12Price change$309,000$185
2026-06-18Price change$310,000$185
2026-05-17Price change$315,000$188
2026-05-06Price change$325,000$194
2026-04-10Listed for sale$330,000$197
2026-03-20Sold$230,000$137
2016-09-17Listing removed$189,000$113
2016-09-14Listed for sale$189,000$113
2008-02-19Sold$180,000$108
2006-02-24Sold$221,300$132

Tax History

YearProperty TaxTax Assessment
2025$3,268.38$217,567
2024$3,583.28$200,800
2023$3,384.61$189,667
2022$3,163.6$200,800
2021$2,941.22$167,400
2020$2,852.79$162,367
2019$2,764.34$167,400
2018$2,477.92$152,300
2017$2,323.36$142,800
2016$2,479.46$133,300
2015$2,479.46$123,800
2014$2,479.46$123,800
2013$0$123,800
2012$0$162,300
2011$0$162,300
2010$0$162,300
2009$0$224,310
2008$0$218,280
2007$0$212,250
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
3
Sq Ft
1,674
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: $330,000Rent Basis: Observed Comp Model ($2,340/mo)State Tax Benchmark: 1.09% (MD)Hazard Reserve: $100/mo
Haven ScoreRisky
1/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
5.41%

NOI: $17,867/yr

Cash-on-Cash Yield
-3.5%

On $75,900 invested

DSCR Ratio
0.87x

Negative debt coverage

5-Yr Leveraged ROI
+76.5%

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)-$213/mo
Homeowner / Hazard Insurance-$100/mo
Vacancy Reserve (5% of rent)-$117/mo
Repairs & Maintenance (10% of rent)-$234/mo
Property Management (8% of rent)-$187/mo
Total Pure Operating Expenses-$851/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,340/mo
Less: Operating Expenses-$851/mo
Net Operating Income (NOI)+$1,489/mo
Less: Debt Service (30yr @ 6.75%)-$1,712/mo
Net Cash Flow
$-223/mo
$-2,680/year
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