For SaleNeutral Deal2 days on market
353 Schooner Ln #805
353 Schooner Ln #805, Berlin, MD 21811, Berlin, MD 21811
$304,900
Estimate®:$306,000$1,100 Under Market
Listing Price
353 Schooner Ln #805, Berlin, MD 21811
Loc: Berlin, MD
Days Listed
2
Tax Assessed
$234k
Estimate®
$306k
0% Under Valued
Rent Estimate
$2,414/mo
Est. Cash Flow base
Type
townhouse
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
Buckingham Elementary School
PK-4
0.8 mi away
10
Stephen Decatur Middle School
7-8
1.8 mi away
7
Stephen Decatur High School
9-12
2.1 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
Townhouse2006Central, Heat Pump, ElectricCeiling Fan(s), Central Air, Electric1 Attached Garage space$965 quarterly2 Days$182
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.34%
Total ROI
96.6%
Cash Flow
$28/mo
DSCR
1.02
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $28/mo net cash flow with a 6.3% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.3%)
- • 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 |
|---|---|---|---|
| 2026-09-22 | Listed for sale | $304,900 | $182 |
| 2024-09-23 | Listing removed | $309,900 | $185 |
| 2024-06-25 | Price change | $314,900 | $188 |
| 2024-05-10 | Price change | $318,900 | $191 |
| 2024-03-06 | Listed for sale | $324,900 | $194 |
| 2006-11-09 | Sold | $230,000 | $137 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,817.22 | $217,567 |
| 2024 | $3,583.28 | $200,800 |
| 2023 | $3,384.61 | $189,667 |
| 2022 | $3,163.6 | $200,800 |
| 2021 | $2,941.22 | $167,400 |
| 2020 | $2,852.79 | $162,367 |
| 2019 | $2,764.34 | $167,400 |
| 2018 | $2,477.92 | $152,300 |
| 2017 | $2,323.36 | $142,800 |
| 2016 | $2,479.46 | $133,300 |
| 2015 | $2,479.46 | $123,800 |
| 2014 | $2,479.46 | $123,800 |
| 2013 | $0 | $123,800 |
| 2012 | $0 | $162,300 |
| 2011 | $0 | $162,300 |
| 2010 | $0 | $162,300 |
| 2009 | $0 | $224,310 |
| 2008 | $0 | $217,612 |
| 2007 | $0 | $210,916 |
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