For SaleRisky Deal11 days on market
63 Chatham Ct
63 Chatham Ct, Ocean Pines, MD 21811, Ocean Pines, MD 21811
$499,000
Estimate®:$486,600
Listing Price
63 Chatham Ct, Ocean Pines, MD 21811
Loc: Ocean Pines, MD
Days Listed
11
Tax Assessed
$389k
Estimate®
$487k
Market Rate
Lot Size
6,465 sqft
Rent Estimate
$2,672/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
2.6 mi away
10
Stephen Decatur Middle School
7-8
3.2 mi away
7
Stephen Decatur High School
9-12
2.9 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
Single Family Residence2004Central, Natural GasCeiling Fan(s), Central Air, Electric, Solar Photovoltaic2 Attached Garage spaces$3,855 annually6,465 sqft11 Days$243
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.69%
Total ROI
39.1%
Cash Flow
$-1,054/mo
DSCR
0.59
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,054/mo net cash flow with a 3.7% 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 |
|---|---|---|---|
| 2026-09-13 | Listed for sale | $499,000 | $243 |
| 2022-05-17 | Sold | $415,900 | $203 |
| 2022-05-06 | Pending sale | $439,000 | $214 |
| 2022-04-15 | Contingent | $439,000 | $214 |
| 2022-04-08 | Listed for sale | $439,000 | $214 |
| 2004-07-15 | Sold | $338,059 | $165 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,318.03 | $357,933 |
| 2024 | $3,125.56 | $326,600 |
| 2023 | $2,935.12 | $306,700 |
| 2022 | $2,744.68 | $326,600 |
| 2021 | $2,554.23 | $266,900 |
| 2020 | $2,500.96 | $261,333 |
| 2019 | $2,447.69 | $266,900 |
| 2018 | $2,369.39 | $250,200 |
| 2017 | $2,305 | $243,400 |
| 2016 | $2,293.45 | $236,600 |
| 2015 | $2,293.45 | $229,800 |
| 2014 | $2,293.45 | $229,800 |
| 2013 | $0 | $229,800 |
| 2012 | $0 | $284,900 |
| 2011 | $0 | $284,900 |
| 2010 | $0 | $284,900 |
| 2009 | $0 | $364,790 |
| 2008 | $0 | $321,756 |
| 2007 | $0 | $278,723 |
| 2006 | $0 | $235,690 |
| 2005 | $0 | $228,640 |
| 2004 | $0 | $50,223 |
| 2003 | $0 | $34,720 |
| 2002 | $0 | $33,146 |
Similar Properties Nearby
Explore other investment opportunities in Ocean Pines.