FOR_SALEExcellent Deal72 days on market

850 Ocean Pkwy

850 Ocean Pkwy, Ocean Pines, MD 21811, Ocean Pines, MD 21811
$325,000
Zestimate®:$309,900

Listing Price

Property image 1
850 Ocean Pkwy, Ocean Pines, MD 21811
Loc: Ocean Pines, MD
Days Listed
72
Tax Assessed
$370k
Zestimate®
$310k
Market Rate
Lot Size
10,422 sqft
Rent Estimate
$3,297/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
2.1 mi away
10

Stephen Decatur Middle School

7-8
3.8 mi away
7

Stephen Decatur High School

9-12
3.5 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
7.82%
Total ROI
28.8%
Cash Flow
$475/mo
DSCR
1.29
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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
2026-07-30Price change$325,000$112
2026-03-09Price change$349,900$121
2026-01-26Listed for sale$399,900$138
2022-03-03Listing removed$345,000$119
2022-01-27Price change$345,000$119
2021-10-05Price change$348,000$120
2021-09-28Price change$349,000$120
2021-08-23Listed for sale$350,000$121
2020-05-26Listing removed$264,999$91
2019-07-30Price change$264,999$91
2019-07-17Price change$265,499$92
2019-07-10Price change$265,999$92
2019-07-02Price change$264,499$91
2019-06-04Price change$264,999$91
2019-05-21Price change$265,499$92
2018-10-22Price change$265,900$92
2018-04-24Listed for sale$275,000$95
2005-01-05Sold$200,000$69

Tax History

YearProperty TaxTax Assessment
2025$3,425.89$369,567
2024$3,056.66$319,400
2023$2,716.28$283,833
2022$2,375.92$319,400
2021$2,035.54$212,700
2020$1,937.93$202,500
2019$1,840.31$212,700
2018$1,724.49$182,100
2017$1,724.49$182,100
2016$1,740.41$182,100
2015$1,740.41$191,900
2014$1,740.41$191,900
2013$0$191,900
2012$0$216,200
2011$0$216,200
2010$0$216,200
2009$0$291,200
2008$0$264,860
2007$0$238,520
2006$0$212,180
2005$0$188,100
2004$0$164,020
2003$0$139,940
2002$0$133,120
2001$0$126,300
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
3
Sq Ft
2,900
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: $325,000Rent Basis: Observed Comp Model ($3,297/mo)State Tax Benchmark: 1.09% (MD)Hazard Reserve: $100/mo
Haven ScoreGood
7/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
7.76%

NOI: $25,236/yr

Cash-on-Cash Yield
6.7%

On $74,750 invested

DSCR Ratio
1.25x

Prime loan qualification

5-Yr Leveraged ROI
+127.6%

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)-$336/mo
Homeowner / Hazard Insurance-$100/mo
Vacancy Reserve (5% of rent)-$165/mo
Repairs & Maintenance (10% of rent)-$330/mo
Property Management (8% of rent)-$264/mo
Total Pure Operating Expenses-$1,194/mo
Net Investor Cash Flow
Gross Scheduled Rent+$3,297/mo
Less: Operating Expenses-$1,194/mo
Net Operating Income (NOI)+$2,103/mo
Less: Debt Service (30yr @ 6.75%)-$1,686/mo
Net Cash Flow
$417/mo
$5,000/year
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