OFF_MARKETRisky Deal2 days on market

32 Gatehouse Trl

32 Gatehouse Trl, Ocean Pines, MD 21811, Ocean Pines, MD 21811
$375,000
Zestimate®:$358,000

Listing Price

Property image 1
32 Gatehouse Trl, Ocean Pines, MD 21811
Loc: Ocean Pines, MD
Days Listed
2
Tax Assessed
$276k
Zestimate®
$358k
Market Rate
Lot Size
10,105 sqft
Rent Estimate
$2,089/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
2.8 mi away
7

Stephen Decatur High School

9-12
2.6 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
4.00%
Total ROI
45.7%
Cash Flow
$-697/mo
DSCR
0.64
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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
2026-06-26Sold$358,000$355
2026-05-23Contingent$364,900$362
2026-05-13Price change$364,900$362
2026-04-20Price change$369,900$367
2026-04-06Listed for sale$375,000$372
2024-09-13Sold$327,000$324
2024-07-07Pending sale$339,900$337
2024-06-25Listed for sale$339,900$337
2024-06-06Listing removed$0
2024-05-15Listed for sale$339,900$337
2004-08-04Sold$200,000$198

Tax History

YearProperty TaxTax Assessment
2025$2,365.4$255,167
2024$2,242.25$234,300
2023$2,049.25$214,133
2022$1,856.26$234,300
2021$1,663.27$173,800
2020$1,602.33$167,433
2019$1,541.41$173,800
2018$1,465.01$154,700
2017$1,424.29$150,400
2016$1,327.45$146,100
2015$1,327.45$141,800
2014$1,327.45$141,800
2013$0$141,800
2012$0$164,900
2011$0$164,900
2010$0$164,900
2009$0$234,810
2008$0$209,652
2007$0$184,496
2006$0$159,340
2005$0$138,190
2004$0$117,040
2003$0$95,890
2002$0$90,380
2001$0$84,870
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
2
Sq Ft
1,008
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: $375,000Rent Basis: Observed Comp Model ($2,089/mo)State Tax Benchmark: 1.09% (MD)Hazard Reserve: $109/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
4.00%

NOI: $14,986/yr

Cash-on-Cash Yield
-9.7%

On $86,250 invested

DSCR Ratio
0.64x

Negative debt coverage

5-Yr Leveraged ROI
+45.7%

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)-$251/mo
Homeowner / Hazard Insurance-$109/mo
Vacancy Reserve (5% of rent)-$104/mo
Repairs & Maintenance (10% of rent)-$209/mo
Property Management (8% of rent)-$167/mo
Total Pure Operating Expenses-$840/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,089/mo
Less: Operating Expenses-$840/mo
Net Operating Income (NOI)+$1,249/mo
Less: Debt Service (30yr @ 6.75%)-$1,946/mo
Net Cash Flow
$-697/mo
$-8,364/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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