OFF_MARKETRisky Deal5 days on market

46 Boatswain Dr

46 Boatswain Dr, Berlin, MD 21811, Berlin, MD 21811
$1,399,000
Zestimate®:$1,300,300

Listing Price

Property image 1
46 Boatswain Dr, Berlin, MD 21811
Loc: Berlin, MD
Days Listed
5
Tax Assessed
$880k
Zestimate®
$1300k
Market Rate
Lot Size
9,699 sqft
Rent Estimate
$4,725/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
3 mi away
10

Stephen Decatur Middle School

7-8
4.9 mi away
7

Stephen Decatur High School

9-12
4.6 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
2.09%
Total ROI
4.2%
Cash Flow
$-4,828/mo
DSCR
0.33
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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
2026-06-15Sold$1,300,000$382
2026-04-29Contingent$1,399,000$411
2026-04-03Listed for sale$1,399,000$411
2017-12-06Sold$785,000$231
2017-07-31Pending sale$799,900$235
2017-06-15Listed for sale$799,900$235
1998-11-20Sold$175,000$51
1996-10-23Sold$89,000$26

Tax History

YearProperty TaxTax Assessment
2025$7,439.45$827,667
2024$7,424.41$775,800
2023$7,354.86$768,533
2022$7,285.33$775,800
2021$7,215.78$754,000
2020$7,047.99$736,467
2019$6,880.19$754,000
2018$6,642.26$701,400
2017$6,527.36$689,267
2016$5,261.54$677,133
2015$5,261.54$665,000
2014$5,261.54$665,000
2013$0$665,000
2012$0$845,900
2011$0$845,900
2010$0$845,900
2009$0$922,780
2008$0$843,196
2007$0$763,613
2006$0$684,030
2005$0$613,650
2004$0$563,480
2003$0$472,890
2002$0$438,120
2001$0$113,333
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
4
Sq Ft
3,400
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: $1,399,000Rent Basis: Observed Comp Model ($4,725/mo)State Tax Benchmark: 1.09% (MD)Hazard Reserve: $408/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
2.09%

NOI: $29,176/yr

Cash-on-Cash Yield
-18.0%

On $321,770 invested

DSCR Ratio
0.33x

Negative debt coverage

5-Yr Leveraged ROI
+4.2%

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)-$799/mo
Homeowner / Hazard Insurance-$408/mo
Vacancy Reserve (5% of rent)-$236/mo
Repairs & Maintenance (10% of rent)-$473/mo
Property Management (8% of rent)-$378/mo
Total Pure Operating Expenses-$2,294/mo
Net Investor Cash Flow
Gross Scheduled Rent+$4,725/mo
Less: Operating Expenses-$2,294/mo
Net Operating Income (NOI)+$2,431/mo
Less: Debt Service (30yr @ 6.75%)-$7,259/mo
Net Cash Flow
$-4,828/mo
$-57,933/year
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