For SaleRisky Deal0 days on market
300 13th St #4
300 13th St #4, Ocean City, MD 21842, Ocean City, MD 21842
$465,000
Listing Price
300 13th St #4, Ocean City, MD 21842
Loc: Ocean City, MD
Days Listed
0
Tax Assessed
$411k
Type
condo
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
10
Ocean City Elementary School
PK-4
1.4 mi away
10
Stephen Decatur Middle School
7-8
6 mi away
7
Stephen Decatur High School
9-12
5.9 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
multi-familywaterfrontcondominiumboard-and-battenbalconiesoutdoor-staircasecoastaldockmarina-viewthree-storyvacation-rentalvinyl-sidingscreened-porches
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.21%
Total ROI
93.9%
Cash Flow
$-5/mo
DSCR
1.00
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-5/mo net cash flow with a 6.2% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.2%)
- • Strong rental demand in Ocean City
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 |
|---|---|---|---|
| 2026-09-25 | Listed for sale | $465,000 | $498 |
| 2022-05-12 | Sold | $435,000 | $466 |
| 2021-10-14 | Sold | $346,000 | $370 |
| 2008-05-11 | Listing removed | $349,000 | $374 |
| 2008-04-27 | Listed for sale | $349,000 | $374 |
| 1998-06-05 | Sold | $70,000 | $75 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $4,838.81 | $353,300 |
| 2024 | $4,138.62 | $295,700 |
| 2023 | $3,356.26 | $238,100 |
| 2022 | $3,230.34 | $238,100 |
| 2021 | $3,111.67 | $220,233 |
| 2020 | $2,985.46 | $211,300 |
| 2019 | $2,781.18 | $200,800 |
| 2018 | $2,686.77 | $190,200 |
| 2017 | $2,610.79 | $184,900 |
| 2016 | $2,723.52 | $183,033 |
| 2015 | $2,723.52 | $181,167 |
| 2014 | $2,723.52 | $179,300 |
| 2013 | $0 | $179,300 |
| 2012 | $0 | $179,300 |
| 2011 | $0 | $226,960 |
| 2010 | $0 | $226,960 |
| 2009 | $0 | $226,960 |
| 2008 | $0 | $283,930 |
| 2007 | $0 | $231,316 |
| 2006 | $0 | $193,960 |
| 2005 | $0 | $126,090 |
| 2004 | $0 | $109,726 |
| 2003 | $0 | $93,363 |
| 2002 | $0 | $77,000 |
| 2001 | $0 | $76,332 |
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