For SaleRisky Deal5 days on market
17 139th St Unit 201
17 139th St Unit 201, Ocean City, MD 21842, Ocean City, MD 21842
$375,000
Listing Price
17 139th St Unit 201, Ocean City, MD 21842
Loc: Ocean City, MD
Days Listed
5
Tax Assessed
$411k
Type
condo
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
10
Ocean City Elementary School
PK-4
7.4 mi away
10
Stephen Decatur Middle School
7-8
10.6 mi away
7
Stephen Decatur High School
9-12
10.3 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
beachfront propertycoastalmulti-storyapartment complexcommercial-residentialbalconiesstucco sidingexterior corridorsvacation rentalsflat roofocean viewurban settingparking lot
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.05%
Total ROI
90.4%
Cash Flow
$-54/mo
DSCR
0.97
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-54/mo net cash flow with a 6.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.0%)
- • Strong rental demand in Ocean City
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 |
|---|---|---|---|
| 2026-09-19 | Listed for sale | $375,000 | $374 |
| 1992-04-16 | Sold | $75,000 | $75 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $4,660.76 | $340,300 |
| 2024 | $3,776.12 | $269,800 |
| 2023 | $2,809.33 | $199,300 |
| 2022 | $2,809.33 | $199,300 |
| 2021 | $2,815.91 | $199,300 |
| 2020 | $2,815.91 | $199,300 |
| 2019 | $2,721.43 | $199,300 |
| 2018 | $2,589.3 | $183,300 |
| 2017 | $2,475.24 | $175,300 |
| 2016 | $2,993.89 | $175,300 |
| 2015 | $2,993.89 | $175,300 |
| 2014 | $2,993.89 | $190,000 |
| 2013 | $0 | $190,000 |
| 2012 | $0 | $190,000 |
| 2011 | $0 | $249,490 |
| 2010 | $0 | $249,490 |
| 2009 | $0 | $249,490 |
| 2008 | $0 | $311,620 |
| 2007 | $0 | $262,856 |
| 2006 | $0 | $214,093 |
| 2005 | $0 | $165,330 |
| 2004 | $0 | $138,552 |
| 2003 | $0 | $111,776 |
| 2002 | $0 | $85,000 |
| 2001 | $0 | $83,000 |
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