For SaleRisky Deal2 days on market
6 127th St #201
6 127th St #201, Ocean City, MD 21842, Ocean City, MD 21842
$334,500
Estimate®:$323,700
Listing Price
6 127th St #201, Ocean City, MD 21842
Loc: Ocean City, MD
Days Listed
2
Tax Assessed
$178k
Estimate®
$324k
Market Rate
Rent Estimate
$1,707/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
6.6 mi away
10
Stephen Decatur Middle School
7-8
10 mi away
7
Stephen Decatur High School
9-12
9.7 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
beachfrontcoastalmulti-levelbalconiesblue metal roofstucco exteriorelevated structureocean viewresort-stylevacation propertycommercial-residentialparking lotexterior walkways
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.83%
Total ROI
42.2%
Cash Flow
$-667/mo
DSCR
0.62
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-667/mo net cash flow with a 3.8% 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
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-22 | Listed for sale | $334,500 | $507 |
| 2026-09-14 | Listing removed | $338,000 | $512 |
| 2026-04-24 | Listed for sale | $338,000 | $512 |
| 2023-12-01 | Listing removed | $0 | – |
| 2023-07-31 | Sold | $300,000 | $455 |
| 2023-07-08 | Contingent | $300,000 | $455 |
| 2023-06-15 | Listed for sale | $300,000 | $455 |
| 2023-06-13 | Contingent | $300,000 | $455 |
| 2023-06-05 | Price change | $300,000 | $455 |
| 2023-04-26 | Listed for sale | $310,000 | $470 |
| 2023-04-23 | Contingent | $310,000 | $470 |
| 2023-04-15 | Listed for sale | $310,000 | $470 |
| 2023-04-11 | Contingent | $289,900 | $439 |
| 2023-03-25 | Listed for sale | $289,900 | $439 |
| 2021-11-30 | Sold | $245,000 | $371 |
| 2021-11-10 | Pending sale | $220,000 | $333 |
| 2021-11-10 | Listed for sale | $220,000 | $333 |
| 2006-04-10 | Sold | $265,000 | $402 |
| 2001-09-17 | Sold | $110,000 | $167 |
| 2001-05-30 | Sold | $87,000 | $132 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,196.38 | $160,367 |
| 2024 | $1,994.89 | $142,533 |
| 2023 | $1,757.77 | $124,700 |
| 2022 | $1,757.77 | $124,700 |
| 2021 | $1,761.89 | $124,700 |
| 2020 | $1,911.65 | $135,300 |
| 2019 | $1,899.64 | $135,300 |
| 2018 | $1,861.34 | $131,767 |
| 2017 | $1,835.6 | $130,000 |
| 2016 | $1,750.32 | $130,000 |
| 2015 | $1,750.32 | $130,000 |
| 2014 | $1,750.32 | $132,000 |
| 2013 | $0 | $132,000 |
| 2012 | $0 | $132,000 |
| 2011 | $0 | $145,860 |
| 2010 | $0 | $145,860 |
| 2009 | $0 | $145,860 |
| 2008 | $0 | $182,100 |
| 2007 | $0 | $165,440 |
| 2006 | $0 | $148,720 |
| 2005 | $0 | $132,000 |
| 2004 | $0 | $117,000 |
| 2003 | $0 | $102,000 |
| 2002 | $0 | $87,000 |
| 2001 | $0 | $86,332 |
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