For SaleRisky Deal3 days on market
14 36th St Unit 2
14 36th St Unit 2, Ocean City, MD 21842, Ocean City, MD 21842
$295,000
Listing Price
14 36th St Unit 2, Ocean City, MD 21842
Loc: Ocean City, MD
Days Listed
3
Tax Assessed
$271k
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
2.3 mi away
10
Stephen Decatur Middle School
7-8
6.8 mi away
7
Stephen Decatur High School
9-12
6.6 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
Condominium1972Wall Unit, ElectricDuctless, Wall Unit(s), Electric1 Parking space$1,800 semi-annually3 Days$457
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.14%
Total ROI
92.2%
Cash Flow
$-22/mo
DSCR
0.99
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-22/mo net cash flow with a 6.1% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.1%)
- • 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 |
|---|---|---|---|
| 2026-09-22 | Listed for sale | $295,000 | $457 |
| 2026-04-20 | Listing removed | $7,407 | $11 |
| 2026-04-18 | Listed for rent | $7,407 | $11 |
| 2003-10-02 | Sold | $153,000 | $237 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,150.54 | $230,033 |
| 2024 | $2,647.58 | $189,167 |
| 2023 | $2,090.44 | $148,300 |
| 2022 | $2,020.9 | $148,300 |
| 2021 | $1,955.92 | $138,433 |
| 2020 | $1,886.22 | $133,500 |
| 2019 | $1,819.51 | $133,500 |
| 2018 | $1,727.61 | $122,300 |
| 2017 | $1,647.8 | $116,700 |
| 2016 | $1,927.2 | $116,700 |
| 2015 | $1,927.2 | $116,700 |
| 2014 | $1,927.2 | $116,700 |
| 2013 | $0 | $116,700 |
| 2012 | $0 | $116,700 |
| 2011 | $0 | $160,600 |
| 2010 | $0 | $160,600 |
| 2009 | $0 | $160,600 |
| 2008 | $0 | $200,590 |
| 2007 | $0 | $177,156 |
| 2006 | $0 | $153,723 |
| 2005 | $0 | $130,290 |
| 2004 | $0 | $104,860 |
| 2003 | $0 | $79,430 |
| 2002 | $0 | $54,000 |
| 2001 | $0 | $53,666 |
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