For SaleRisky Deal80 days on market
10 Gloucester Rd
10 Gloucester Rd, Ocean Pines, MD 21811, Ocean Pines, MD 21811
$375,000
Estimate®:$370,000
Listing Price
10 Gloucester Rd, Ocean Pines, MD 21811
Loc: Ocean Pines, MD
Days Listed
80
Tax Assessed
$275k
Estimate®
$370k
Market Rate
Lot Size
7,970 sqft
Rent Estimate
$2,267/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.
8
Showell Elementary School
PK-4
2.4 mi away
10
Stephen Decatur Middle School
7-8
3.8 mi away
7
Stephen Decatur High School
9-12
3.5 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
cozycottagevinyl sidingraised deckdormer windowswooded settingevening lightingexterior stairssingle-storysuburbanquaintlandscaped
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.50%
Total ROI
56.6%
Cash Flow
$-541/mo
DSCR
0.72
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-541/mo net cash flow with a 4.5% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Ocean Pines, 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 |
|---|---|---|---|
| 2026-09-21 | Listed for sale | $375,000 | $258 |
| 2026-09-04 | Contingent | $375,000 | $258 |
| 2026-07-07 | Listed for sale | $375,000 | $258 |
| 2020-09-08 | Sold | $239,900 | $165 |
| 2020-07-30 | Pending sale | $239,900 | $165 |
| 2020-07-30 | Listed for sale | $239,900 | $165 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,364.16 | $255,033 |
| 2024 | $2,246.08 | $234,700 |
| 2023 | $2,046.38 | $213,833 |
| 2022 | $1,846.69 | $234,700 |
| 2021 | $1,647 | $172,100 |
| 2020 | $1,575.54 | $164,633 |
| 2019 | $1,504.09 | $172,100 |
| 2018 | $1,417.66 | $149,700 |
| 2017 | $1,375.36 | $145,233 |
| 2016 | $1,439.34 | $140,767 |
| 2015 | $1,439.34 | $136,300 |
| 2014 | $1,439.34 | $136,300 |
| 2013 | $0 | $136,300 |
| 2012 | $0 | $178,800 |
| 2011 | $0 | $178,800 |
| 2010 | $0 | $178,800 |
| 2009 | $0 | $256,840 |
| 2008 | $0 | $225,566 |
| 2007 | $0 | $194,293 |
| 2006 | $0 | $163,020 |
| 2005 | $0 | $147,096 |
| 2004 | $0 | $131,173 |
| 2003 | $0 | $115,250 |
| 2002 | $0 | $106,592 |
| 2001 | $0 | $97,936 |
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