For SaleRisky Deal3 days on market
200 Wicomico St Unit 102
200 Wicomico St Unit 102, Ocean City, MD 21842, Ocean City, MD 21842
$548,000
Estimate®:$520,000
Listing Price
200 Wicomico St Unit 102, Ocean City, MD 21842
Loc: Ocean City, MD
Days Listed
3
Tax Assessed
$385k
Estimate®
$520k
Market Rate
Rent Estimate
$3,496/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
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-familycondominiumcoastalbalconieselevatedstiltedcovered parkingvinyl sidingshingle rooflow-riseurbanwaterviewcorner lotresidential
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.78%
Total ROI
62.7%
Cash Flow
$-662/mo
DSCR
0.77
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Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-662/mo net cash flow with a 4.8% 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
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