For SaleRisky Deal6 days on market
13031 Hayes Ave Unit 9
13031 Hayes Ave Unit 9, Ocean City, MD 21842, Ocean City, MD 21842
$520,000
Estimate®:$503,500
Listing Price
13031 Hayes Ave Unit 9, Ocean City, MD 21842
Loc: Ocean City, MD
Days Listed
6
Tax Assessed
$444k
Estimate®
$504k
Market Rate
Rent Estimate
$2,229/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.
10
Ocean City Elementary School
PK-4
7.5 mi away
10
Stephen Decatur Middle School
7-8
10.3 mi away
7
Stephen Decatur High School
9-12
10.1 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
coastal townhousewaterfront propertymarina accessprivate boat slipsmulti-level deckvinyl sidingasphalt shingle roofgabled rooflinesuburban communityrecreational boatingwater viewlow maintenancevacation style
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
2.71%
Total ROI
17.7%
Cash Flow
$-1,525/mo
DSCR
0.43
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,525/mo net cash flow with a 2.7% 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 |
|---|---|---|---|
| 2026-09-18 | Listed for sale | $520,000 | $453 |
| 2020-09-30 | Sold | $355,000 | $310 |
| 2020-08-03 | Pending sale | $354,900 | $309 |
| 2020-08-01 | Listed for sale | $354,900 | $309 |
| 2004-01-08 | Sold | $321,900 | $281 |
| 2000-05-23 | Sold | $180,000 | $157 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,987.03 | $430,100 |
| 2024 | $3,567.05 | $372,733 |
| 2023 | $3,018.06 | $315,367 |
| 2022 | $2,469.06 | $258,000 |
| 2021 | $2,469.06 | $258,000 |
| 2020 | $2,469.06 | $258,000 |
| 2019 | $2,469.06 | $258,000 |
| 2018 | $2,421.48 | $255,700 |
| 2017 | $2,399.7 | $253,400 |
| 2016 | $2,039.87 | $251,100 |
| 2015 | $2,039.87 | $251,100 |
| 2014 | $2,039.87 | $251,100 |
| 2013 | $0 | $253,400 |
| 2012 | $0 | $253,400 |
| 2011 | $0 | $253,400 |
| 2010 | $0 | $362,000 |
| 2009 | $0 | $335,332 |
| 2008 | $0 | $308,666 |
| 2007 | $0 | $282,000 |
| 2006 | $0 | $282,000 |
| 2005 | $0 | $244,332 |
| 2004 | $0 | $206,666 |
| 2003 | $0 | $169,000 |
| 2002 | $0 | $153,332 |
| 2001 | $0 | $137,666 |
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