For SaleRisky Deal3 days on market
721 142nd St Unit 114
721 142nd St Unit 114, Ocean City, MD 21842, Ocean City, MD 21842
$234,500
Listing Price
721 142nd St Unit 114, Ocean City, MD 21842
Loc: Ocean City, MD
Days Listed
3
Tax Assessed
$197k
Rent Estimate
$1,685/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
10.5 mi away
7
Stephen Decatur High School
9-12
10.2 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
coastalbeach-themedcasualairyopen-conceptnauticalbrightinvitingtraditionalneutral-paletteliving-dining-combohomeyserene
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
5.04%
Total ROI
68.4%
Cash Flow
$-232/mo
DSCR
0.81
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-232/mo net cash flow with a 5.0% 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 | Listed for sale | $234,500 | $279 |
| 2026-09-18 | Listing removed | $234,500 | $279 |
| 2026-08-25 | Listed for sale | $234,500 | $279 |
| 2026-08-11 | Contingent | $234,500 | $279 |
| 2026-07-16 | Price change | $234,500 | $279 |
| 2026-05-14 | Price change | $249,900 | $298 |
| 2026-03-20 | Listed for sale | $265,000 | $315 |
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