OFF_MARKETRisky Deal87 days on market

2 Crab Cay Ct

2 Crab Cay Ct, Ocean Pines, MD 21811, Ocean Pines, MD 21811
$599,900
Zestimate®:$575,000

Listing Price

Property image 1
2 Crab Cay Ct, Ocean Pines, MD 21811
Loc: Ocean Pines, MD
Days Listed
87
Tax Assessed
$358k
Zestimate®
$575k
Market Rate
Lot Size
0.29 acres
Rent Estimate
$3,224/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
3.3 mi away
10

Stephen Decatur Middle School

7-8
4.5 mi away
7

Stephen Decatur High School

9-12
4.2 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
4.02%
Total ROI
9.8%
Cash Flow
$-1,023/mo
DSCR
0.66
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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
2026-08-14Sold$575,000$264
2026-07-21Pending sale$585,000$269
2026-07-15Contingent$585,000$269
2026-05-18Price change$585,000$269
2026-04-15Listed for sale$599,900$275
2024-09-30Sold$550,000$253
2024-08-17Contingent$577,000$265
2024-07-30Price change$577,000$265
2024-07-20Listed for sale$599,500$275
2021-02-01Sold$355,000$163
2020-11-17Pending sale$379,900$174
2020-10-14Price change$379,900$174
2020-08-12Listed for sale$399,900$184

Tax History

YearProperty TaxTax Assessment
2025$3,322.37$358,400
2024$3,247.1$339,300
2023$3,047.4$318,433
2022$2,847.72$339,300
2021$2,648.02$276,700
2020$2,636.54$275,500
2019$2,625.05$276,700
2018$2,586.26$273,100
2017$2,586.26$273,100
2016$1,958.74$273,100
2015$1,958.74$286,200
2014$1,958.74$281,233
2013$0$276,267
2012$0$271,300
2011$0$271,300
2010$0$271,300
2009$0$360,090
2008$0$324,892
2007$0$289,696
2006$0$254,500
2005$0$230,132
2004$0$205,766
2003$0$181,400
2002$0$175,006
2001$0$168,613
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
4
Sq Ft
2,178
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: $599,900Rent Basis: Observed Comp Model ($3,224/mo)State Tax Benchmark: 1.09% (MD)Hazard Reserve: $175/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
3.96%

NOI: $23,783/yr

Cash-on-Cash Yield
-9.8%

On $137,977 invested

DSCR Ratio
0.64x

Negative debt coverage

5-Yr Leveraged ROI
+45.0%

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)-$326/mo
Homeowner / Hazard Insurance-$175/mo
Vacancy Reserve (5% of rent)-$161/mo
Repairs & Maintenance (10% of rent)-$322/mo
Property Management (8% of rent)-$258/mo
Total Pure Operating Expenses-$1,242/mo
Net Investor Cash Flow
Gross Scheduled Rent+$3,224/mo
Less: Operating Expenses-$1,242/mo
Net Operating Income (NOI)+$1,982/mo
Less: Debt Service (30yr @ 6.75%)-$3,113/mo
Net Cash Flow
$-1,131/mo
$-13,570/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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