OFF_MARKETRisky Deal6 days on market

9707 Shady Grove Ct

9707 Shady Grove Ct, Ocean City, MD 21842, Ocean City, MD 21842
$734,000
Zestimate®:$716,100

Listing Price

Property image 1
9707 Shady Grove Ct, Ocean City, MD 21842
Loc: Ocean City, MD
Days Listed
6
Tax Assessed
$574k
Zestimate®
$716k
Market Rate
Lot Size
0.38 acres
Rent Estimate
$4,208/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.

10

Ocean City Elementary School

PK-4
1.5 mi away
10

Stephen Decatur Middle School

7-8
3.6 mi away
7

Stephen Decatur High School

9-12
3.6 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
4.10%
Total ROI
47.9%
Cash Flow
$-1,304/mo
DSCR
0.66
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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-06-18Sold$715,000$222
2026-05-06Contingent$734,000$228
2026-04-02Listed for sale$734,000$228
2024-10-25Sold$695,000$216
2024-10-16Pending sale$699,900$218
2024-09-26Contingent$699,900$218
2024-09-13Price change$699,900$218
2024-08-17Listed for sale$729,700$227
2018-12-28Sold$399,900$124
2018-11-09Pending sale$399,900$124
2018-10-29Price change$399,900$124
2018-10-22Price change$409,900$127
2018-10-18Price change$429,900$134
2018-10-12Price change$439,900$137
2018-10-02Price change$465,000$145
2018-09-25Listed for sale$480,000$149
2018-03-09Sold$82,000$26
2002-04-10Sold$79,900$25

Tax History

YearProperty TaxTax Assessment
2025$4,870.46$525,400
2024$4,571.9$477,733
2023$4,115.74$430,067
2022$3,659.57$382,400
2021$3,659.57$382,400
2020$3,659.57$382,400
2019$3,862.45$403,600
2018$728.24$76,900
2017$728.24$76,900
2016$876.65$76,900
2015$876.65$76,900
2014$876.65$76,900
2013$0$108,900
2012$0$108,900
2011$0$108,900
2010$0$135,970
2009$0$126,312
2008$0$126,323
2007$0$107,000
2006$0$107,000
2005$0$83,000
2004$0$59,000
2003$0$35,000
2002$0$32,332
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
5
Baths
4
Sq Ft
3,215
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: $734,000Rent Basis: Observed Comp Model ($4,208/mo)State Tax Benchmark: 1.09% (MD)Hazard Reserve: $214/mo
Haven ScoreRisky
1/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
4.10%

NOI: $30,059/yr

Cash-on-Cash Yield
-9.3%

On $168,820 invested

DSCR Ratio
0.66x

Negative debt coverage

5-Yr Leveraged ROI
+47.9%

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)-$521/mo
Homeowner / Hazard Insurance-$214/mo
Vacancy Reserve (5% of rent)-$210/mo
Repairs & Maintenance (10% of rent)-$421/mo
Property Management (8% of rent)-$337/mo
Total Pure Operating Expenses-$1,703/mo
Net Investor Cash Flow
Gross Scheduled Rent+$4,208/mo
Less: Operating Expenses-$1,703/mo
Net Operating Income (NOI)+$2,505/mo
Less: Debt Service (30yr @ 6.75%)-$3,809/mo
Net Cash Flow
$-1,304/mo
$-15,644/year
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