Off MarketRisky Deal1 days on market
36 Fairway Ln
36 Fairway Ln, Ocean Pines, MD 21811, Ocean Pines, MD 21811
$459,000
Estimate®:$380,200
Listing Price
36 Fairway Ln, Ocean Pines, MD 21811
Loc: Ocean Pines, MD
Days Listed
1
Tax Assessed
$308k
Estimate®
$380k
Market Rate
Lot Size
9,267 sqft
Rent Estimate
$2,291/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 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 stylesingle-storyvinyl sidingattached garagedrivewaygable roofwooded lotlandscaped yardcozyresidentialsuburbantraditionalwell-maintainedfront garden
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.60%
Total ROI
37.0%
Cash Flow
$-1,007/mo
DSCR
0.58
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,007/mo net cash flow with a 3.6% 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 |
|---|---|---|---|
| 2021-12-29 | Sold | $148,000 | $113 |
| 2014-01-08 | Listing removed | $245,900 | $188 |
| 2013-06-29 | Listed for sale | $245,900 | $188 |
| 2011-01-30 | Listing removed | $299,000 | $228 |
| 2010-06-12 | Listed for sale | $299,000 | $228 |
| 2009-10-19 | Listing removed | $299,990 | $229 |
| 2009-08-14 | Listed for sale | $299,990 | $229 |
| 2001-11-19 | Sold | $179,900 | $137 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,602.09 | $280,700 |
| 2024 | $2,425.04 | $253,400 |
| 2023 | $2,317.54 | $242,167 |
| 2022 | $2,210.03 | $253,400 |
| 2021 | $2,102.53 | $219,700 |
| 2020 | $2,027.24 | $211,833 |
| 2019 | $1,951.96 | $219,700 |
| 2018 | $1,857.07 | $196,100 |
| 2017 | $1,855.81 | $195,967 |
| 2016 | $1,468.6 | $195,833 |
| 2015 | $1,468.6 | $195,700 |
| 2014 | $1,468.6 | $195,700 |
| 2013 | $0 | $195,700 |
| 2012 | $0 | $217,500 |
| 2011 | $0 | $217,500 |
| 2010 | $0 | $217,500 |
| 2009 | $0 | $289,230 |
| 2008 | $0 | $255,172 |
| 2007 | $0 | $221,116 |
| 2006 | $0 | $187,060 |
| 2005 | $0 | $169,466 |
| 2004 | $0 | $151,873 |
| 2003 | $0 | $134,280 |
| 2002 | $0 | $125,180 |
| 2001 | $0 | $116,080 |
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