FOR_SALERisky Deal401 days on market

5711 Waterside Dr

5711 Waterside Dr, Berlin, MD 21811, Berlin, MD 21811
$3,690,000

Listing Price

Property image 1
5711 Waterside Dr, Berlin, MD 21811
Loc: Berlin, MD
Days Listed
401
Tax Assessed
$1584k
Lot Size
6.39 acres
Rent Estimate
$7,595/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

Berlin Intermediate School

5-6
8.2 mi away
10

Stephen Decatur Middle School

7-8
8.6 mi away
7

Stephen Decatur High School

9-12
8.9 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
1.31%
Total ROI
-3.8%
Cash Flow
$-14,646/mo
DSCR
0.22
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
2026-08-20Price change$3,690,000$585
2026-03-19Listed for sale$3,900,000$618
2025-12-08Listing removed$4,100,000$650
2025-03-01Listed for sale$4,100,000$650
2020-06-25Listing removed$2,950,000$467
2020-03-15Listed for sale$2,950,000$467
1999-11-23Sold$267,500$42
1999-02-12Sold$260,000$41
1996-03-26Sold$250,000$40

Tax History

YearProperty TaxTax Assessment
2025$12,506.44$1,584,000
2024$13,929.45$1,455,533
2023$12,700.03$1,327,067
2022$11,470.6$1,198,600
2021$11,402.66$1,191,500
2020$11,334.71$1,184,400
2019$11,266.76$1,177,300
2018$11,113.68$1,173,567
2017$11,078.32$1,169,833
2016$11,500.28$1,166,100
2015$11,500.28$1,166,100
2014$11,500.28$1,166,100
2013$0$1,289,800
2011$0$1,513,100
2010$0$1,246,830
2009$0$1,093,560
2008$0$940,290
2007$0$787,020
2006$0$787,020
2005$0$747,472
2004$0$707,926
2003$0$668,380
2002$0$655,212
2001$0$642,046
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
6
Baths
6
Sq Ft
6,312
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: $3,690,000Rent Basis: Observed Comp Model ($7,595/mo)State Tax Benchmark: 1.09% (MD)Hazard Reserve: $1,076/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
1.08%

NOI: $40,000/yr

Cash-on-Cash Yield
-22.4%

On $848,700 invested

DSCR Ratio
0.17x

Negative debt coverage

5-Yr Leveraged ROI
+-17.6%

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)-$1,439/mo
Homeowner / Hazard Insurance-$1,076/mo
Vacancy Reserve (5% of rent)-$380/mo
Repairs & Maintenance (10% of rent)-$760/mo
Property Management (8% of rent)-$608/mo
Total Pure Operating Expenses-$4,262/mo
Net Investor Cash Flow
Gross Scheduled Rent+$7,595/mo
Less: Operating Expenses-$4,262/mo
Net Operating Income (NOI)+$3,333/mo
Less: Debt Service (30yr @ 6.75%)-$19,147/mo
Net Cash Flow
$-15,813/mo
$-189,759/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

Similar Properties Nearby

Explore other investment opportunities in Berlin.