For SaleRisky Deal69 days on market
7 Royal Oaks Dr
7 Royal Oaks Dr, Ocean Pines, MD 21811, Ocean Pines, MD 21811
$349,900
Estimate®:$346,000
Listing Price
7 Royal Oaks Dr, Ocean Pines, MD 21811
Loc: Ocean Pines, MD
Days Listed
69
Tax Assessed
$307k
Estimate®
$346k
Market Rate
Lot Size
7,723 sqft
Rent Estimate
$2,277/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
2.1 mi away
10
Stephen Decatur Middle School
7-8
3.1 mi away
7
Stephen Decatur High School
9-12
2.8 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
cottage stylevinyl sidinggabled roofscreened-in porchraised deckwooded lotcozyasphalt drivewayoutdoor shedresidentialforested landscapesuburbanpatriotic decor
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.79%
Total ROI
63.0%
Cash Flow
$-418/mo
DSCR
0.77
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-418/mo net cash flow with a 4.8% 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 |
|---|---|---|---|
| 2026-09-16 | Price change | $349,900 | $243 |
| 2026-08-18 | Price change | $364,900 | $253 |
| 2026-07-17 | Price change | $369,900 | $257 |
| 2026-07-15 | Listed for sale | $384,500 | $267 |
| 2026-07-06 | Listing removed | $384,500 | $267 |
| 2026-06-20 | Price change | $384,500 | $267 |
| 2026-05-04 | Listed for sale | $389,500 | $270 |
| 2020-05-19 | Sold | $199,900 | $139 |
| 2020-04-06 | Pending sale | $199,900 | $139 |
| 2020-03-27 | Listed for sale | $199,900 | $139 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,588.81 | $279,267 |
| 2024 | $2,410.68 | $251,900 |
| 2023 | $2,111.78 | $220,667 |
| 2022 | $1,812.87 | $251,900 |
| 2021 | $1,513.97 | $158,200 |
| 2020 | $1,450.17 | $151,533 |
| 2019 | $1,386.38 | $158,200 |
| 2018 | $1,308.75 | $138,200 |
| 2017 | $1,268.35 | $133,933 |
| 2016 | $988.58 | $129,667 |
| 2015 | $988.58 | $125,400 |
| 2014 | $988.58 | $125,400 |
| 2013 | $0 | $125,400 |
| 2012 | $0 | $177,200 |
| 2011 | $0 | $177,200 |
| 2010 | $0 | $177,200 |
| 2009 | $0 | $240,260 |
| 2008 | $0 | $215,630 |
| 2007 | $0 | $191,000 |
| 2006 | $0 | $166,370 |
| 2005 | $0 | $139,782 |
| 2004 | $0 | $113,196 |
| 2003 | $0 | $86,610 |
| 2002 | $0 | $81,766 |
| 2001 | $0 | $76,923 |
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