For SaleRisky Deal32 days on market
12209 Ocean Vista Dr
12209 Ocean Vista Dr, Berlin, MD 21811, Berlin, MD 21811
$574,999
Estimate®:$566,600
Listing Price
12209 Ocean Vista Dr, Berlin, MD 21811
Loc: Berlin, MD
Days Listed
32
Tax Assessed
$497k
Estimate®
$567k
Market Rate
Lot Size
5,500 sqft
Rent Estimate
$3,022/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
3.6 mi away
10
Stephen Decatur Middle School
7-8
3.9 mi away
7
Stephen Decatur High School
9-12
4.1 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
colonial revivaltwo-storydouble porchbalconyvinyl sidingshingle roofcovered porchresidentialtraditionalcurb appealwell-maintainedlandscaped
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.60%
Total ROI
37.1%
Cash Flow
$-1,258/mo
DSCR
0.58
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,258/mo net cash flow with a 3.6% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Berlin, 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 | Price change | $574,999 | $200 |
| 2026-09-07 | Price change | $580,000 | $202 |
| 2026-08-27 | Price change | $590,000 | $205 |
| 2026-08-24 | Listed for sale | $625,000 | $218 |
| 2023-09-11 | Listing removed | $0 | – |
| 2023-05-30 | Listing removed | $594,999 | $207 |
| 2023-05-18 | Price change | $594,999 | $207 |
| 2023-03-29 | Price change | $599,999 | $209 |
| 2023-03-16 | Price change | $619,000 | $216 |
| 2023-03-10 | Listed for sale | $624,900 | $218 |
| 2020-03-19 | Sold | $400,000 | $139 |
| 2020-02-01 | Pending sale | $419,500 | $146 |
| 2019-11-05 | Price change | $419,500 | $146 |
| 2019-10-23 | Price change | $429,900 | $150 |
| 2019-09-29 | Price change | $430,000 | $150 |
| 2019-08-22 | Price change | $440,000 | $153 |
| 2019-06-18 | Listed for sale | $450,000 | $157 |
| 2006-09-07 | Sold | $582,497 | $203 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $4,201.18 | $477,200 |
| 2024 | $4,180.18 | $436,800 |
| 2023 | $3,793.55 | $396,400 |
| 2022 | $3,406.92 | $356,000 |
| 2021 | $3,388.42 | $354,067 |
| 2020 | $3,369.91 | $352,133 |
| 2019 | $3,351.41 | $350,200 |
| 2018 | $3,316.39 | $350,200 |
| 2017 | $3,316.39 | $350,200 |
| 2016 | $3,616.87 | $357,400 |
| 2015 | $3,616.87 | $357,400 |
| 2014 | $3,616.87 | $357,400 |
| 2013 | $0 | $449,300 |
| 2012 | $0 | $449,300 |
| 2011 | $0 | $449,300 |
| 2010 | $0 | $475,830 |
| 2009 | $0 | $448,906 |
| 2008 | $0 | $443,640 |
| 2007 | $0 | $60,500 |
| 2006 | $0 | $60,500 |
| 2005 | $0 | $57,000 |
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