For SaleRisky Deal6 days on market
172 Ocean Oval Dr
172 Ocean Oval Dr, Berlin, MD 21811, Berlin, MD 21811
$140,000
Estimate®:$136,400
Listing Price
172 Ocean Oval Dr, Berlin, MD 21811
Loc: Berlin, MD
Days Listed
6
Tax Assessed
$102k
Estimate®
$136k
Market Rate
Lot Size
2,632 sqft
Type
manufactured
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
1.9 mi away
10
Stephen Decatur Middle School
7-8
4.9 mi away
7
Stephen Decatur High School
9-12
4.6 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
waterfrontmarinaboat slipsdockcoastalaerial viewrecreationalmarshlandcommunity amenitiesboating accessresort-stylescenicsuburban community
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
5.44%
Total ROI
77.2%
Cash Flow
$-91/mo
DSCR
0.87
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-91/mo net cash flow with a 5.4% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Berlin, MD
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-18 | Listed for sale | $140,000 | $343 |
| 2026-08-21 | Listing removed | $148,900 | $365 |
| 2026-05-08 | Price change | $148,900 | $365 |
| 2026-04-16 | Price change | $149,000 | $365 |
| 2026-03-13 | Listed for sale | $149,900 | $367 |
| 2024-05-15 | Sold | $102,500 | $251 |
| 2024-04-19 | Contingent | $125,000 | $306 |
| 2024-02-17 | Listed for sale | $125,000 | $306 |
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