OFF_MARKETRisky Deal6 days on market

185 Windjammer Rd

185 Windjammer Rd, Ocean Pines, MD 21811, Ocean Pines, MD 21811
$437,000
Zestimate®:$430,300

Listing Price

Property image 1
185 Windjammer Rd, Ocean Pines, MD 21811
Loc: Ocean Pines, MD
Days Listed
6
Tax Assessed
$338k
Zestimate®
$430k
Market Rate
Lot Size
9,148 sqft
Rent Estimate
$2,893/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
1.9 mi away
10

Stephen Decatur Middle School

7-8
4 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
4.93%
Total ROI
65.9%
Cash Flow
$-474/mo
DSCR
0.79
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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
2026-05-11Listing removed$437,000$208
2026-04-27Contingent$437,000$208
2026-04-02Listed for sale$437,000$208
2002-12-17Sold$250,000$119
2000-04-06Sold$177,000$84

Tax History

YearProperty TaxTax Assessment
2025$3,130.78$337,733
2024$2,935.12$306,700
2023$2,745.32$286,867
2022$2,555.51$306,700
2021$2,365.7$247,200
2020$2,332.52$243,733
2019$2,299.36$247,200
2018$2,242.5$236,800
2017$2,242.5$236,800
2016$2,154.18$236,800
2015$2,154.18$243,300
2014$2,154.18$243,300
2013$0$243,300
2012$0$267,600
2011$0$267,600
2010$0$267,600
2009$0$392,320
2008$0$352,570
2007$0$312,820
2006$0$273,070
2005$0$234,596
2004$0$196,123
2003$0$157,650
2002$0$148,852
2001$0$140,056
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
3
Sq Ft
2,200
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: $437,000Rent Basis: Observed Comp Model ($2,893/mo)State Tax Benchmark: 1.09% (MD)Hazard Reserve: $127/mo
Haven ScoreRisky
1/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
4.93%

NOI: $21,526/yr

Cash-on-Cash Yield
-5.7%

On $100,510 invested

DSCR Ratio
0.79x

Negative debt coverage

5-Yr Leveraged ROI
+65.9%

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)-$307/mo
Homeowner / Hazard Insurance-$127/mo
Vacancy Reserve (5% of rent)-$145/mo
Repairs & Maintenance (10% of rent)-$289/mo
Property Management (8% of rent)-$231/mo
Total Pure Operating Expenses-$1,099/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,893/mo
Less: Operating Expenses-$1,099/mo
Net Operating Income (NOI)+$1,794/mo
Less: Debt Service (30yr @ 6.75%)-$2,267/mo
Net Cash Flow
$-474/mo
$-5,684/year
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