For SaleRisky Deal152 days on market
1 142nd St #A106
1 142nd St #A106, Ocean City, MD 21842, Ocean City, MD 21842
$639,900
Listing Price
1 142nd St #A106, Ocean City, MD 21842
Loc: Ocean City, MD
Days Listed
152
Tax Assessed
$564k
Rent Estimate
$2,104/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
Nearby Schools
Educational options and performance ratings in the area.
10
Ocean City Elementary School
PK-4
7.6 mi away
10
Stephen Decatur Middle School
7-8
10.8 mi away
7
Stephen Decatur High School
9-12
10.5 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
coastalcondominiumbeachfrontbalconieselevatedstuccomulti-storysand-duneoceanfrontvacation-rentalmodern-exteriorcovered-parkingseaside
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
1.60%
Total ROI
-6.4%
Cash Flow
$-2,468/mo
DSCR
0.26
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-2,468/mo net cash flow with a 1.6% 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 |
|---|---|---|---|
| 2026-09-21 | Price change | $639,900 | $594 |
| 2026-06-24 | Price change | $679,500 | $630 |
| 2026-05-07 | Price change | $699,999 | $649 |
| 2026-04-25 | Listed for sale | $769,000 | $713 |
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