For SaleRisky Deal66 days on market
542 Ocean Pkwy
542 Ocean Pkwy, Ocean Pines, MD 21811, Ocean Pines, MD 21811
$449,000
Estimate®:$441,800
Listing Price
542 Ocean Pkwy, Ocean Pines, MD 21811
Loc: Ocean Pines, MD
Days Listed
66
Tax Assessed
$298k
Estimate®
$442k
Market Rate
Lot Size
9,750 sqft
Rent Estimate
$2,793/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 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
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
barn-style homegambrel roofwood sidingelevated decktwo-car garagewoodland settingcozyrusticAmerican flaglarge windowsraised foundationexterior staircasesecludedcabin aesthetic
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.67%
Total ROI
60.5%
Cash Flow
$-581/mo
DSCR
0.75
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-581/mo net cash flow with a 4.7% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Ocean Pines, 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 |
|---|---|---|---|
| 2026-09-21 | Price change | $449,000 | $178 |
| 2026-09-09 | Price change | $485,000 | $192 |
| 2026-08-03 | Price change | $499,000 | $198 |
| 2026-07-20 | Listed for sale | $524,900 | $208 |
| 2005-04-06 | Sold | $255,900 | $102 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,316.17 | $297,800 |
| 2024 | $3,002.11 | $313,700 |
| 2023 | $2,725.85 | $284,833 |
| 2022 | $2,449.6 | $313,700 |
| 2021 | $2,173.35 | $227,100 |
| 2020 | $2,079.88 | $217,333 |
| 2019 | $1,986.42 | $227,100 |
| 2018 | $1,873.17 | $197,800 |
| 2017 | $1,852.97 | $195,667 |
| 2016 | $1,572.59 | $193,533 |
| 2015 | $1,572.59 | $191,400 |
| 2014 | $1,572.59 | $191,400 |
| 2013 | $0 | $191,400 |
| 2012 | $0 | $224,400 |
| 2011 | $0 | $224,400 |
| 2010 | $0 | $224,400 |
| 2009 | $0 | $289,000 |
| 2008 | $0 | $252,250 |
| 2007 | $0 | $215,500 |
| 2006 | $0 | $178,750 |
| 2005 | $0 | $159,676 |
| 2004 | $0 | $140,603 |
| 2003 | $0 | $121,530 |
| 2002 | $0 | $119,086 |
| 2001 | $0 | $116,643 |
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