Off MarketNeutral Deal3 days on market
63 Newport Dr
63 Newport Dr, Ocean Pines, MD 21811, Ocean Pines, MD 21811
$412,500
Listing Price
63 Newport Dr, Ocean Pines, MD 21811
Loc: Ocean Pines, MD
Days Listed
3
Tax Assessed
$264k
Lot Size
7,841 sqft
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
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
split-levelvinyl sidingsuburbanwooden decklatticeworkforestedasphalt drivewayresidentialtwo-storyshuttered windowsneutral palettewooded lottraditional
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.40%
Total ROI
98.0%
Cash Flow
$60/mo
DSCR
1.03
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $60/mo net cash flow with a 6.4% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.4%)
- • Strong rental demand in Ocean Pines
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 |
|---|---|---|---|
| 2017-05-31 | Sold | $209,250 | $126 |
| 2017-04-28 | Pending sale | $215,000 | $130 |
| 2016-11-14 | Price change | $215,000 | $130 |
| 2016-10-10 | Price change | $220,000 | $133 |
| 2016-07-21 | Price change | $224,000 | $135 |
| 2016-07-18 | Price change | $224,900 | $135 |
| 2016-04-21 | Price change | $230,000 | $139 |
| 2015-12-09 | Listed for sale | $239,900 | $145 |
| 2008-06-06 | Sold | $230,000 | $139 |
| 2000-01-21 | Sold | $113,500 | $68 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,247.98 | $242,500 |
| 2024 | $2,114.97 | $221,000 |
| 2023 | $1,958.02 | $204,600 |
| 2022 | $1,801.07 | $221,000 |
| 2021 | $1,644.13 | $171,800 |
| 2020 | $1,604.25 | $167,633 |
| 2019 | $1,564.38 | $171,800 |
| 2018 | $1,508.57 | $159,300 |
| 2017 | $1,430.6 | $151,067 |
| 2016 | $1,423.24 | $142,833 |
| 2015 | $1,423.24 | $134,600 |
| 2014 | $1,423.24 | $134,600 |
| 2013 | $0 | $134,600 |
| 2012 | $0 | $176,800 |
| 2011 | $0 | $176,800 |
| 2010 | $0 | $176,800 |
| 2009 | $0 | $246,460 |
| 2008 | $0 | $217,662 |
| 2007 | $0 | $188,866 |
| 2006 | $0 | $160,070 |
| 2005 | $0 | $142,672 |
| 2004 | $0 | $125,276 |
| 2003 | $0 | $107,880 |
| 2002 | $0 | $99,712 |
| 2001 | $0 | $91,546 |
Similar Properties Nearby
Explore other investment opportunities in Ocean Pines.