OFF_MARKETRisky Deal4 days on market

9601 Ocean View Ln

9601 Ocean View Ln, Ocean City, MD 21842, Ocean City, MD 21842
$6,900,000
Zestimate®:$2,864,700

Listing Price

Property image 1
9601 Ocean View Ln, Ocean City, MD 21842
Loc: Ocean City, MD
Days Listed
4
Tax Assessed
$2000k
Zestimate®
$2865k
Market Rate
Lot Size
0.36 acres
Rent Estimate
$5,521/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
1.6 mi away
10

Stephen Decatur Middle School

7-8
4.8 mi away
7

Stephen Decatur High School

9-12
4.8 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
0.07%
Total ROI
-39.6%
Cash Flow
$-35,381/mo
DSCR
0.01
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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-08-03Sold$2,864,458$390
2026-07-04Pending sale$6,400,000$871
2026-06-29Price change$6,400,000$871
2026-04-04Listed for sale$6,900,000$939
2025-11-01Listing removed$6,900,000$939
2025-10-01Price change$6,900,000$939
2025-09-12Price change$7,775,000$1,058
2024-12-16Price change$8,950,000$1,218
2024-09-14Listed for sale$9,750,000$1,327
2024-06-27Listing removed$0
2023-11-23Listed for sale$11,000,000$1,497
2022-05-27Sold$3,250,000$442
2000-09-01Sold$400,000$54

Tax History

YearProperty TaxTax Assessment
2025$16,195.62$1,747,100
2024$15,509.78$1,620,667
2023$14,299.81$1,494,233
2022$13,089.85$1,367,800
2021$13,068.48$1,365,567
2020$13,047.1$1,363,333
2019$13,025.73$1,361,100
2018$12,420.85$1,311,600
2017$11,952.09$1,262,100
2016$4,378.4$1,212,600
2015$4,378.4$1,212,600
2014$4,378.4$1,212,600
2013$0$1,774,500
2012$0$1,774,500
2011$0$543,900
2010$0$694,310
2009$0$543,540
2008$0$392,770
2007$0$242,000
2006$0$242,000
2005$0$188,000
2004$0$134,000
2003$0$80,000
2002$0$78,332
2001$0$76,666
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
6
Baths
8
Sq Ft
7,350
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: $6,900,000Rent Basis: Observed Comp Model ($5,521/mo)State Tax Benchmark: 1.09% (MD)Hazard Reserve: $2,013/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
0.07%

NOI: $5,058/yr

Cash-on-Cash Yield
-26.8%

On $1,587,000 invested

DSCR Ratio
0.01x

Negative debt coverage

5-Yr Leveraged ROI
+-39.6%

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)-$1,817/mo
Homeowner / Hazard Insurance-$2,013/mo
Vacancy Reserve (5% of rent)-$276/mo
Repairs & Maintenance (10% of rent)-$552/mo
Property Management (8% of rent)-$442/mo
Total Pure Operating Expenses-$5,099/mo
Net Investor Cash Flow
Gross Scheduled Rent+$5,521/mo
Less: Operating Expenses-$5,099/mo
Net Operating Income (NOI)+$422/mo
Less: Debt Service (30yr @ 6.75%)-$35,803/mo
Net Cash Flow
$-35,381/mo
$-424,573/year
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