Off MarketRisky Deal35 days on market
4306 Coastal Hwy
4306 Coastal Hwy, Ocean City, MD 21842, Ocean City, MD 21842
$1,990,000
Estimate®:$953,300
Listing Price
4306 Coastal Hwy, Ocean City, MD 21842
Loc: Ocean City, MD
Days Listed
35
Tax Assessed
$809k
Estimate®
$953k
Market Rate
Lot Size
7,150 sqft
Rent Estimate
$2,585/mo
Est. Cash Flow base
Type
single family
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
2.6 mi away
10
Stephen Decatur Middle School
7-8
6.9 mi away
7
Stephen Decatur High School
9-12
6.8 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
coastalmulti-levelvinyl sidingdeckbalconyelevatedcommercial-adjacentasphalt roofvacation-rental stylelow-maintenanceasphalt parking lotoutdoor swingsbeach-proximate
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
-0.24%
Total ROI
-46.4%
Cash Flow
$-10,723/mo
DSCR
-0.04
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-10,723/mo net cash flow with a -0.2% 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 |
|---|---|---|---|
| 2024-06-24 | Listing removed | $0 | – |
| 2024-01-23 | Listed for sale | $1,950,000 | $566 |
| 2023-11-14 | Listing removed | $0 | – |
| 2022-04-30 | Listed for sale | $2,395,000 | $695 |
| 2021-03-18 | Listing removed | $1,990,000 | $577 |
| 2020-06-01 | Listed for sale | $1,990,000 | $577 |
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