For SaleRisky Deal111 days on market
617 Bayshore Dr #B
617 Bayshore Dr #B, Ocean City, MD 21842, Ocean City, MD 21842
$600,000
Estimate®:$574,000
Listing Price
617 Bayshore Dr #B, Ocean City, MD 21842
Loc: Ocean City, MD
Days Listed
111
Tax Assessed
$582k
Estimate®
$574k
Market Rate
Lot Size
2,550 sqft
Rent Estimate
$3,885/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.
10
Ocean City Elementary School
PK-4
1.6 mi away
10
Stephen Decatur Middle School
7-8
6 mi away
7
Stephen Decatur High School
9-12
5.9 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
waterfronttownhousemulti-level balconiesprivate boat slipscoastal livingwood sidingdeckspacious interiornatural wood ceilingsvacation homeocean viewmulti-storymarinanautical aesthetic
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.54%
Total ROI
57.6%
Cash Flow
$-842/mo
DSCR
0.73
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-842/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 |
|---|---|---|---|
| 2026-06-05 | Listed for sale | $600,000 | $255 |
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