For SaleRisky Deal28 days on market
37 Anchor Way Dr
37 Anchor Way Dr, Berlin, MD 21811, Berlin, MD 21811
$334,000
Listing Price
37 Anchor Way Dr, Berlin, MD 21811
Loc: Berlin, MD
Days Listed
28
Tax Assessed
$289k
Lot Size
6,180 sqft
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.
10
Ocean City Elementary School
PK-4
1.7 mi away
10
Stephen Decatur Middle School
7-8
4 mi away
7
Stephen Decatur High School
9-12
4 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
Single Family Residence1988Forced Air, ElectricOther, Central Air, Electric2 Open Parking spaces$95 monthly6,180 sqft28 Days$162
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.15%
Total ROI
92.4%
Cash Flow
$-22/mo
DSCR
0.99
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-22/mo net cash flow with a 6.2% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.2%)
- • Strong rental demand in Berlin
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 |
|---|---|---|---|
| 2026-08-28 | Listed for sale | $334,000 | $162 |
| 2026-03-02 | Sold | $189,900 | $92 |
| 2025-10-30 | Price change | $232,500 | $113 |
| 2025-10-24 | Price change | $377,910 | $184 |
| 2025-07-03 | Listed for sale | $419,900 | $204 |
| 2003-12-02 | Sold | $172,000 | $84 |
| 2002-11-14 | Sold | $140,000 | $68 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $0 | $271,700 |
| 2024 | $2,383.89 | $249,100 |
| 2023 | $2,167.61 | $226,500 |
| 2022 | $1,951.32 | $203,900 |
| 2021 | $1,856.26 | $193,967 |
| 2020 | $1,761.2 | $184,033 |
| 2019 | $1,666.14 | $174,100 |
| 2018 | $1,563.18 | $165,067 |
| 2017 | $1,477.63 | $156,033 |
| 2016 | $1,498.1 | $147,000 |
| 2015 | $1,498.1 | $147,000 |
| 2014 | $1,498.1 | $147,000 |
| 2013 | $0 | $186,100 |
| 2012 | $0 | $186,100 |
| 2011 | $0 | $186,100 |
| 2010 | $0 | $240,010 |
| 2009 | $0 | $216,250 |
| 2008 | $0 | $192,490 |
| 2007 | $0 | $168,730 |
| 2006 | $0 | $168,730 |
| 2005 | $0 | $150,822 |
| 2004 | $0 | $132,916 |
| 2003 | $0 | $115,010 |
| 2002 | $0 | $107,230 |
| 2001 | $0 | $99,450 |
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