For SaleRisky Deal1 days on market
101 123rd St #227C
101 123rd St #227C, Ocean City, MD 21842, Ocean City, MD 21842
$240,000
Listing Price
101 123rd St #227C, Ocean City, MD 21842
Loc: Ocean City, MD
Days Listed
1
Tax Assessed
$187k
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
6.3 mi away
10
Stephen Decatur Middle School
7-8
9.7 mi away
7
Stephen Decatur High School
9-12
9.4 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
multi-family complexswimming poolbalconiesbeach resort stylecontemporary exteriorstucco sidingoutdoor patiocommunity poollandscaped groundsoutdoor furniturerecreational facilityvacation rentalsun deck
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.80%
Total ROI
85.0%
Cash Flow
$-85/mo
DSCR
0.93
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-85/mo net cash flow with a 5.8% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (5.8%)
- • 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 |
|---|---|---|---|
| 2026-09-23 | Listed for sale | $240,000 | $410 |
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