For SaleRisky Deal20 days on market
55 Martinique Cir
55 Martinique Cir, Ocean Pines, MD 21811, Ocean Pines, MD 21811
$399,000
Estimate®:$391,600
Listing Price
55 Martinique Cir, Ocean Pines, MD 21811
Loc: Ocean Pines, MD
Days Listed
20
Tax Assessed
$326k
Estimate®
$392k
Market Rate
Lot Size
9,750 sqft
Rent Estimate
$2,375/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
3.2 mi away
10
Stephen Decatur Middle School
7-8
4.2 mi away
7
Stephen Decatur High School
9-12
3.9 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
ranch-stylecovered front porchvinyl sidingwood deckpicket fencewooded lotcozyruralsingle-storylattice skirtingred accentsshaded yardresidentialtraditional
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.35%
Total ROI
53.4%
Cash Flow
$-625/mo
DSCR
0.70
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-625/mo net cash flow with a 4.3% 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 |
|---|---|---|---|
| 2026-09-20 | Price change | $399,000 | $274 |
| 2026-09-04 | Listed for sale | $419,900 | $288 |
| 2021-02-23 | Sold | $265,000 | $182 |
| 2021-01-06 | Pending sale | $275,000 | $189 |
| 2020-12-14 | Listed for sale | $275,000 | $189 |
| 2016-07-28 | Sold | $195,000 | $134 |
| 2016-06-08 | Pending sale | $209,900 | $144 |
| 2016-05-16 | Listed for sale | $209,900 | $144 |
| 2014-04-25 | Sold | $175,000 | $120 |
| 2013-10-11 | Price change | $188,500 | $129 |
| 2013-06-19 | Price change | $199,924 | $137 |
| 2013-02-27 | Listed for sale | $210,000 | $144 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,725.69 | $294,033 |
| 2024 | $2,507.34 | $262,000 |
| 2023 | $2,336.04 | $244,100 |
| 2022 | $2,164.73 | $262,000 |
| 2021 | $1,993.43 | $208,300 |
| 2020 | $1,897.73 | $198,300 |
| 2019 | $1,802.03 | $208,300 |
| 2018 | $1,688.5 | $178,300 |
| 2017 | $1,584.64 | $167,333 |
| 2016 | $1,515.01 | $156,367 |
| 2015 | $1,515.01 | $145,400 |
| 2014 | $1,515.01 | $145,400 |
| 2013 | $0 | $145,400 |
| 2012 | $0 | $188,200 |
| 2011 | $0 | $188,200 |
| 2010 | $0 | $188,200 |
| 2009 | $0 | $260,200 |
| 2008 | $0 | $235,916 |
| 2007 | $0 | $211,633 |
| 2006 | $0 | $187,350 |
| 2005 | $0 | $165,046 |
| 2004 | $0 | $142,743 |
| 2003 | $0 | $120,440 |
| 2002 | $0 | $22,332 |
| 2001 | $0 | $18,666 |
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