OFF_MARKETRisky Deal11 days on market

16 Marview Dr

16 Marview Dr, Ocean Pines, MD 21811, Ocean Pines, MD 21811
$399,999
Zestimate®:$399,900

Listing Price

Property image 1
16 Marview Dr, Ocean Pines, MD 21811
Loc: Ocean Pines, MD
Days Listed
11
Tax Assessed
$282k
Zestimate®
$400k
Market Rate
Lot Size
10,298 sqft
Rent Estimate
$2,084/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
2.3 mi away
10

Stephen Decatur Middle School

7-8
4 mi away
7

Stephen Decatur High School

9-12
3.7 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
3.69%
Total ROI
39.2%
Cash Flow
$-844/mo
DSCR
0.59
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Checking Access...

Haven AI

Analyzing property data...

Checking Access...

10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-06-26Sold$399,900$397
2026-04-16Contingent$399,999$397
2026-04-03Listed for sale$399,999$397
2024-05-16Sold$341,033$338
2024-05-04Pending sale$339,900$337
2024-04-18Contingent$339,900$337
2024-04-14Listed for sale$339,900$337

Tax History

YearProperty TaxTax Assessment
2025$2,343.15$252,767
2024$2,138.9$223,500
2023$1,976.21$206,500
2022$1,813.51$223,500
2021$1,650.83$172,500
2020$1,576.18$164,700
2019$1,501.53$172,500
2018$1,411.98$149,100
2017$1,327.06$140,133
2016$1,329.05$131,167
2015$1,329.05$122,200
2014$1,329.05$122,200
2013$0$122,200
2012$0$165,100
2011$0$165,100
2010$0$165,100
2009$0$235,180
2008$0$212,322
2007$0$189,466
2006$0$166,610
2005$0$145,056
2004$0$123,503
2003$0$101,950
2002$0$96,470
2001$0$90,990
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
2
Sq Ft
1,008
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: $399,999Rent Basis: Observed Comp Model ($2,084/mo)State Tax Benchmark: 1.09% (MD)Hazard Reserve: $117/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
3.69%

NOI: $14,778/yr

Cash-on-Cash Yield
-11.0%

On $92,000 invested

DSCR Ratio
0.59x

Negative debt coverage

5-Yr Leveraged ROI
+39.2%

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)-$256/mo
Homeowner / Hazard Insurance-$117/mo
Vacancy Reserve (5% of rent)-$104/mo
Repairs & Maintenance (10% of rent)-$208/mo
Property Management (8% of rent)-$167/mo
Total Pure Operating Expenses-$852/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,084/mo
Less: Operating Expenses-$852/mo
Net Operating Income (NOI)+$1,232/mo
Less: Debt Service (30yr @ 6.75%)-$2,076/mo
Net Cash Flow
$-844/mo
$-10,128/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

Similar Properties Nearby

Explore other investment opportunities in Ocean Pines.

16 Marview Dr | Ocean Pines, MD | Haven AI Analysis | Haven by ScoutHavens