For SaleRisky Deal14 days on market
6 135th St #S307
6 135th St #S307, Ocean City, MD 21842, Ocean City, MD 21842
$249,999
Estimate®:$246,400
Listing Price
6 135th St #S307, Ocean City, MD 21842
Loc: Ocean City, MD
Days Listed
14
Tax Assessed
$162k
Estimate®
$246k
Market Rate
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
6.8 mi away
10
Stephen Decatur Middle School
7-8
10.2 mi away
7
Stephen Decatur High School
9-12
9.9 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
beachfrontbalconyocean viewcoastalexterior corridorstuccomulti-familywalkwayvacation rentalparking lot viewrailingoutdoor lighting
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
5.09%
Total ROI
69.5%
Cash Flow
$-237/mo
DSCR
0.82
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-237/mo net cash flow with a 5.1% 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 |
|---|---|---|---|
| 2026-09-10 | Listed for sale | $249,999 | $370 |
| 2021-10-01 | Sold | $191,500 | $284 |
| 2021-09-12 | Pending sale | $199,900 | $296 |
| 2018-10-27 | Sold | $137,000 | $203 |
| 2018-10-09 | Pending sale | $149,900 | $222 |
| 2018-08-29 | Listed for sale | $149,900 | $222 |
| 2017-02-03 | Listing removed | $154,900 | $229 |
| 2016-08-19 | Listed for sale | $154,900 | $229 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,067.64 | $150,967 |
| 2024 | $1,958.5 | $139,933 |
| 2023 | $1,816.97 | $128,900 |
| 2022 | $1,797.71 | $128,900 |
| 2021 | $1,782.61 | $126,167 |
| 2020 | $1,763.3 | $124,800 |
| 2019 | $1,775.4 | $124,800 |
| 2018 | $1,762.92 | $124,800 |
| 2017 | $1,829.95 | $129,600 |
| 2016 | $1,765.8 | $129,600 |
| 2015 | $1,765.8 | $129,600 |
| 2014 | $1,765.8 | $130,900 |
| 2013 | $0 | $130,900 |
| 2012 | $0 | $130,900 |
| 2011 | $0 | $147,150 |
| 2010 | $0 | $147,150 |
| 2009 | $0 | $147,150 |
| 2008 | $0 | $183,600 |
| 2007 | $0 | $155,700 |
| 2006 | $0 | $127,800 |
| 2005 | $0 | $99,900 |
| 2004 | $0 | $85,266 |
| 2003 | $0 | $70,633 |
| 2002 | $0 | $56,000 |
| 2001 | $0 | $56,000 |
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