OFF_MARKETRisky Deal82 days on market

113 Teal Cir

113 Teal Cir, Ocean Pines, MD 21811, Ocean Pines, MD 21811
$612,500
Zestimate®:$575,000

Listing Price

Property image 1
113 Teal Cir, Ocean Pines, MD 21811
Loc: Ocean Pines, MD
Days Listed
82
Tax Assessed
$353k
Zestimate®
$575k
Market Rate
Lot Size
8,880 sqft
Rent Estimate
$2,118/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
2.6 mi away
10

Stephen Decatur Middle School

7-8
4.8 mi away
7

Stephen Decatur High School

9-12
4.5 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
2.22%
Total ROI
7.0%
Cash Flow
$-2,047/mo
DSCR
0.36
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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
2026-05-22Sold$575,000$458
2026-05-06Pending sale$612,500$488
2026-04-22Contingent$612,500$488
2026-03-30Price change$612,500$488
2026-03-04Price change$625,000$498
2026-02-10Price change$649,900$517
2026-01-16Listed for sale$662,500$527
2021-08-02Sold$465,000$370
2003-03-19Sold$305,000$243
2002-03-12Sold$232,000$185
1996-12-12Sold$140,000$111

Tax History

YearProperty TaxTax Assessment
2025$3,270.46$352,800
2024$3,095.9$323,500
2023$2,936.39$306,833
2022$2,776.9$323,500
2021$2,617.4$273,500
2020$2,568.9$268,433
2019$2,520.42$273,500
2018$2,446.1$258,300
2017$2,364.97$249,733
2016$2,145.32$241,167
2015$2,145.32$232,600
2014$2,145.32$232,600
2013$0$232,600
2012$0$266,500
2011$0$266,500
2010$0$266,500
2009$0$414,220
2008$0$377,696
2007$0$341,173
2006$0$304,650
2005$0$259,622
2004$0$214,596
2003$0$169,570
2002$0$158,402
2001$0$147,236
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
2
Sq Ft
1,256
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: $612,500Rent Basis: Observed Comp Model ($2,118/mo)State Tax Benchmark: 1.09% (MD)Hazard Reserve: $179/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
2.22%

NOI: $13,577/yr

Cash-on-Cash Yield
-17.4%

On $140,875 invested

DSCR Ratio
0.36x

Negative debt coverage

5-Yr Leveraged ROI
+7.0%

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)-$320/mo
Homeowner / Hazard Insurance-$179/mo
Vacancy Reserve (5% of rent)-$106/mo
Repairs & Maintenance (10% of rent)-$212/mo
Property Management (8% of rent)-$169/mo
Total Pure Operating Expenses-$987/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,118/mo
Less: Operating Expenses-$987/mo
Net Operating Income (NOI)+$1,131/mo
Less: Debt Service (30yr @ 6.75%)-$3,178/mo
Net Cash Flow
$-2,047/mo
$-24,561/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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