For SaleNeutral Deal266 days on market
26 Mallard Dr W
26 Mallard Dr W, Ocean Pines, MD 21811, Ocean Pines, MD 21811
$2,100,000
Estimate®:$1,994,200
Listing Price
26 Mallard Dr W, Ocean Pines, MD 21811
Loc: Ocean Pines, MD
Days Listed
266
Tax Assessed
$1100k
Estimate®
$1994k
Market Rate
Lot Size
0.44 acres
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
8
Showell Elementary School
PK-4
3.4 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
waterfrontcoastalmulti-levelwrap-around decksolar panelsdeep water dockprivate pierluxuryshingle-stylewaterviewbalconycul-de-sacresort-like
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.46%
Total ROI
99.3%
Cash Flow
$411/mo
DSCR
1.04
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $411/mo net cash flow with a 6.5% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.5%)
- • 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 |
|---|---|---|---|
| 2026-08-30 | Price change | $2,100,000 | $404 |
| 2026-08-16 | Price change | $2,225,000 | $428 |
| 2026-06-24 | Listed for sale | $2,249,000 | $433 |
| 2026-06-05 | Contingent | $2,249,000 | $433 |
| 2026-04-04 | Price change | $2,249,000 | $433 |
| 2026-01-01 | Listed for sale | $2,299,000 | $442 |
| 2023-05-19 | Sold | $1,600,000 | $308 |
| 2023-04-03 | Contingent | $1,650,000 | $317 |
| 2023-03-01 | Price change | $1,650,000 | $317 |
| 2022-12-12 | Price change | $1,790,000 | $344 |
| 2022-07-25 | Listed for sale | $1,890,000 | $363 |
| 2022-07-13 | Contingent | $1,890,000 | $363 |
| 2022-07-07 | Listed for sale | $1,890,000 | $363 |
| 1996-05-15 | Sold | $341,000 | $66 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $10,364.49 | $1,118,067 |
| 2024 | $9,578.61 | $1,000,900 |
| 2023 | $9,425.81 | $984,933 |
| 2022 | $9,273.01 | $1,000,900 |
| 2021 | $9,120.21 | $953,000 |
| 2020 | $9,021.95 | $942,733 |
| 2019 | $8,923.71 | $953,000 |
| 2018 | $8,733.23 | $922,200 |
| 2017 | $8,395.79 | $886,567 |
| 2016 | $6,185.62 | $850,933 |
| 2015 | $6,185.62 | $815,300 |
| 2014 | $6,185.62 | $799,667 |
| 2013 | $0 | $784,033 |
| 2012 | $0 | $768,400 |
| 2011 | $0 | $768,400 |
| 2010 | $0 | $768,400 |
| 2009 | $0 | $859,020 |
| 2008 | $0 | $802,340 |
| 2007 | $0 | $745,660 |
| 2006 | $0 | $688,980 |
| 2005 | $0 | $614,666 |
| 2004 | $0 | $540,353 |
| 2003 | $0 | $466,040 |
| 2002 | $0 | $448,036 |
| 2001 | $0 | $430,033 |
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