11652 Maid At Arms Ln
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Nearby Schools
Educational options and performance ratings in the area.
Ocean City Elementary School
Stephen Decatur Middle School
Stephen Decatur High School
Property Overview
A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.
Features & Amenities
Haven AI Verdict
Data provided by Haven AI. Disclaimer
Haven AI
At a purchase price of $725,000, this property presents a significant risk for income-focused investors. The primary concern is the deeply negative monthly cash flow of -$1,504, which results in an annual shortfall of over $18,000. A rental yield of 3.58% is notably low, failing to surpass current mortgage rates or even risk-free treasury returns. This creates a 'negative carry' situation where the investor must subsidize the asset out-of-pocket. While the 4% annual appreciation and the desirable Berlin location near coastal attractions provide some long-term upside, the lack of immediate profitability makes this a speculative play rather than a conservative investment. From a cash-flow perspective, the fundamentals are currently untenable.
- • Spacious 4-bedroom, 4-bathroom layout attracts premium family tenants.
- • Berlin, MD is a high-demand location with proximity to Ocean City tourism and amenities.
- • Property size of 3,019 sqft offers a competitive footprint for the submarket.
- • Consistent 4% annual appreciation forecast provides a hedge against inflation over long horizons.
- • Severe negative monthly cash flow of -$1,504 creates a substantial monthly liquidity drain.
- • Rental yield of 3.58% is insufficient to cover debt service and operational overhead.
- • High acquisition price relative to income potential limits the investment's safety margin.
- • Investment success is overly dependent on appreciation rather than fundamental cash flow performance.
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-04-08 | Price change | $725,000 | $240 |
| 2015-12-03 | Listed for sale | $459,000 | $152 |
| 2013-01-08 | Listing removed | $459,000 | $152 |
| 2012-12-03 | Listed for sale | $459,000 | $152 |
| 2012-12-02 | Listing removed | $2,100 | $1 |
| 2012-11-07 | Listed for rent | $2,100 | $1 |
| 2005-04-04 | Sold | $510,965 | $169 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $4,604.71 | $496,733 |
| 2024 | $4,036.63 | $421,800 |
| 2023 | $3,980.8 | $415,967 |
| 2022 | $3,924.97 | $421,800 |
| 2021 | $3,869.15 | $404,300 |
| 2020 | $3,564.18 | $372,433 |
| 2019 | $3,259.23 | $404,300 |
| 2018 | $2,923.39 | $308,700 |
| 2017 | $2,923.39 | $308,700 |
| 2016 | $3,027.6 | $308,700 |
| 2015 | $3,027.6 | $332,900 |
| 2014 | $3,027.6 | $332,900 |
| 2013 | $0 | $332,900 |
| 2012 | $0 | $376,100 |
| 2011 | $0 | $376,100 |
| 2010 | $0 | $376,100 |
| 2009 | $0 | $555,690 |
| 2008 | $0 | $507,070 |
| 2007 | $0 | $458,450 |
| 2006 | $0 | $409,830 |
| 2005 | $0 | $400,326 |
| 2004 | $0 | $47,000 |
Investment Numbers & Operating Model
Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.
Multi-factor yield grade
NOI: $20,324/yr
On $166,750 invested
Negative debt coverage
Equity + cumulative cash
Monthly Cash Flow Breakdown
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