For SaleRisky Deal13 days on market
105 120th St Unit 6A
105 120th St Unit 6A, Ocean City, MD 21842, Ocean City, MD 21842
$312,500
Estimate®:$304,900
Listing Price
105 120th St Unit 6A, Ocean City, MD 21842
Loc: Ocean City, MD
Days Listed
13
Tax Assessed
$289k
Estimate®
$305k
Market Rate
Rent Estimate
$1,953/mo
Est. Cash Flow base
Type
condo
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.
10
Ocean City Elementary School
PK-4
6 mi away
10
Stephen Decatur Middle School
7-8
9.4 mi away
7
Stephen Decatur High School
9-12
9.1 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
townhousemulti-familysuburbanbalconyvinyl sidingbrick accentsfenced yardmulti-leveldeckwalkwayexterior stairscommunity livingresidential
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.51%
Total ROI
56.9%
Cash Flow
$-447/mo
DSCR
0.72
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-447/mo net cash flow with a 4.5% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Ocean City, 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 |
|---|---|---|---|
| 2026-09-11 | Listed for sale | $312,500 | $362 |
| 2023-12-17 | Listing removed | $0 | – |
| 2021-12-16 | Sold | $295,000 | $341 |
| 2021-12-11 | Pending sale | $299,900 | $347 |
| 2021-11-16 | Listing removed | $0 | – |
| 2021-10-19 | Pending sale | $299,900 | $347 |
| 2021-09-26 | Listed for sale | $299,900 | $347 |
| 2000-01-18 | Sold | $78,500 | $91 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,458.69 | $252,533 |
| 2024 | $3,018.48 | $215,667 |
| 2023 | $2,520.36 | $178,800 |
| 2022 | $2,410.88 | $178,800 |
| 2021 | $2,306.8 | $163,267 |
| 2020 | $2,197.06 | $155,500 |
| 2019 | $2,150.5 | $155,500 |
| 2018 | $2,074.16 | $146,833 |
| 2017 | $2,012.1 | $142,500 |
| 2016 | $2,488.31 | $142,500 |
| 2015 | $2,488.31 | $142,500 |
| 2014 | $2,488.31 | $142,500 |
| 2013 | $0 | $142,500 |
| 2012 | $0 | $142,500 |
| 2011 | $0 | $207,360 |
| 2010 | $0 | $207,360 |
| 2009 | $0 | $207,360 |
| 2008 | $0 | $242,780 |
| 2007 | $0 | $206,492 |
| 2006 | $0 | $170,206 |
| 2005 | $0 | $133,920 |
| 2004 | $0 | $115,280 |
| 2003 | $0 | $96,640 |
| 2002 | $0 | $78,000 |
| 2001 | $0 | $77,000 |
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