For SaleRisky Deal41 days on market
13908 N Ocean Rd Unit 1C
13908 N Ocean Rd Unit 1C, Ocean City, MD 21842, Ocean City, MD 21842
$289,900
Estimate®:$283,700
Listing Price
13908 N Ocean Rd Unit 1C, Ocean City, MD 21842
Loc: Ocean City, MD
Days Listed
41
Tax Assessed
$280k
Estimate®
$284k
Market Rate
Rent Estimate
$1,816/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
7.3 mi away
10
Stephen Decatur Middle School
7-8
10.4 mi away
7
Stephen Decatur High School
9-12
10.1 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
multi-family complexcontemporary stylestucco exteriorbalconiesprivate decksmulti-storyasphalt rooflandscaped groundslarge shrubberyresidentialcoastalwalk-up entranceflat facade
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.47%
Total ROI
56.1%
Cash Flow
$-423/mo
DSCR
0.72
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-423/mo net cash flow with a 4.5% 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 |
|---|---|---|---|
| 2026-09-19 | Price change | $289,900 | $275 |
| 2026-08-14 | Listed for sale | $294,900 | $279 |
| 2014-06-23 | Sold | $155,000 | $147 |
| 2014-02-20 | Listing removed | $167,900 | $159 |
| 2014-02-08 | Listed for sale | $167,900 | $159 |
| 1994-06-09 | Sold | $62,900 | $60 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,277.9 | $239,333 |
| 2024 | $2,783.34 | $198,867 |
| 2023 | $2,232.81 | $158,400 |
| 2022 | $2,232.81 | $158,400 |
| 2021 | $2,238.03 | $158,400 |
| 2020 | $2,238.03 | $158,400 |
| 2019 | $2,197.92 | $158,400 |
| 2018 | $2,127.38 | $150,600 |
| 2017 | $2,071.4 | $146,700 |
| 2016 | $1,976.76 | $145,667 |
| 2015 | $1,976.76 | $144,633 |
| 2014 | $1,976.76 | $143,600 |
| 2013 | $0 | $143,600 |
| 2012 | $0 | $143,600 |
| 2011 | $0 | $164,730 |
| 2010 | $0 | $164,730 |
| 2009 | $0 | $164,730 |
| 2008 | $0 | $229,150 |
| 2007 | $0 | $193,246 |
| 2006 | $0 | $157,343 |
| 2005 | $0 | $121,440 |
| 2004 | $0 | $103,626 |
| 2003 | $0 | $85,813 |
| 2002 | $0 | $68,000 |
| 2001 | $0 | $65,000 |
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