OFF_MARKETRisky Deal4 days on market

82 Sandyhook Rd

82 Sandyhook Rd, Berlin, MD 21811, Berlin, MD 21811
$425,000
Zestimate®:$435,400$10,400 Under Market

Listing Price

Property image 1
82 Sandyhook Rd, Berlin, MD 21811
Loc: Berlin, MD
Days Listed
4
Tax Assessed
$400k
Zestimate®
$435k
2% Under Valued
Lot Size
9,750 sqft
Rent Estimate
$2,523/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
1.2 mi away
10

Stephen Decatur Middle School

7-8
4 mi away
7

Stephen Decatur High School

9-12
3.7 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
Risky
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
5.11%
Total ROI
15.2%
Cash Flow
$-338/mo
DSCR
0.84
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Data provided by Haven AI. Disclaimer

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Haven AI

This investment presents a challenging profile for a conservative analyst. While the location in Berlin, MD offers stability and a healthy 4% appreciation rate, the immediate financial outlook is problematic. A monthly cash flow of -$338 creates a 'negative carry' situation, requiring the investor to inject capital monthly to maintain the asset. With a rental yield of only 5.11%, the property fails to cover estimated debt service and operating expenses adequately at current market rates. For a conservative strategy, relying solely on future appreciation to offset current losses is speculative and increases downside risk. Unless the acquisition price is negotiated lower or the rental income is significantly under-market, this asset is not a cash-flow-positive play.

Strengths
  • Strong location near coastal amenities and quality schools in Berlin
  • Desirable 4-bedroom layout attracts long-term family tenants
  • Steady 4% projected annual appreciation in a historically stable market
Considerations
  • Negative monthly cash flow of -$338 creates an immediate capital drain
  • Current rental yield of 5.11% is insufficient to cover debt service in the current interest rate environment
  • Investment success is overly dependent on appreciation rather than operational income
  • Large square footage increases potential maintenance and turnover costs
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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-04-10Listed for sale$425,000$214
2019-07-23Sold$259,000$130
2010-03-25Sold$150,000$75
2009-12-12Listing removed$229,900$116
2009-11-25Price change$229,900$116
2009-11-08Listed for sale$249,900$126
2002-06-28Sold$163,500$82

Tax History

YearProperty TaxTax Assessment
2025$3,338.43$360,133
2024$3,064.31$320,200
2023$2,752.33$287,600
2022$2,440.35$320,200
2021$2,128.37$222,400
2020$2,054.68$214,700
2019$1,980.99$222,400
2018$1,887.37$199,300
2017$1,887.37$199,300
2016$1,993.98$199,300
2015$1,993.98$207,600
2014$1,993.98$207,600
2013$0$207,600
2012$0$247,700
2011$0$247,700
2010$0$247,700
2009$0$289,690
2008$0$259,466
2007$0$229,243
2006$0$199,020
2005$0$175,426
2004$0$151,833
2003$0$128,240
2002$0$117,120
2001$0$106,000
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
3
Sq Ft
1,988
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: $425,000Rent Basis: Observed Comp Model ($2,523/mo)State Tax Benchmark: 1.09% (MD)Hazard Reserve: $124/mo
Haven ScoreRisky
1/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
4.11%

NOI: $17,464/yr

Cash-on-Cash Yield
-9.2%

On $97,750 invested

DSCR Ratio
0.66x

Negative debt coverage

5-Yr Leveraged ROI
+48.2%

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)-$363/mo
Homeowner / Hazard Insurance-$124/mo
Vacancy Reserve (5% of rent)-$126/mo
Repairs & Maintenance (10% of rent)-$252/mo
Property Management (8% of rent)-$202/mo
Total Pure Operating Expenses-$1,068/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,523/mo
Less: Operating Expenses-$1,068/mo
Net Operating Income (NOI)+$1,455/mo
Less: Debt Service (30yr @ 6.75%)-$2,205/mo
Net Cash Flow
$-750/mo
$-8,999/year
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