For SaleNeutral Deal31 days on market
704 N Surf Rd
704 N Surf Rd, Ocean City, MD 21842, Ocean City, MD 21842
$549,000
Listing Price
704 N Surf Rd, Ocean City, MD 21842
Loc: Ocean City, MD
Days Listed
31
Tax Assessed
$382k
Lot Size
4,500 sqft
Type
single family
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
7.1 mi away
10
Stephen Decatur Middle School
7-8
10.1 mi away
7
Stephen Decatur High School
9-12
9.9 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
coastalstucco exteriorbrick foundationlarge balconyattached garagetwo-storyresidentialpaved drivewaylandscaped lawnskylightssuburbanwood railing
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.38%
Total ROI
97.6%
Cash Flow
$71/mo
DSCR
1.02
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $71/mo net cash flow with a 6.4% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.4%)
- • 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 |
|---|---|---|---|
| 2026-08-25 | Listed for sale | $549,000 | $239 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,571.99 | $333,167 |
| 2024 | $4,108.29 | $293,533 |
| 2023 | $3,578.97 | $253,900 |
| 2022 | $3,536.69 | $253,900 |
| 2021 | $3,502.58 | $247,900 |
| 2020 | $3,460.19 | $244,900 |
| 2019 | $3,459.29 | $244,900 |
| 2018 | $3,410.48 | $241,433 |
| 2017 | $3,384.56 | $239,700 |
| 2016 | $3,543 | $237,567 |
| 2015 | $3,543 | $235,433 |
| 2014 | $3,543 | $233,300 |
| 2013 | $0 | $233,300 |
| 2012 | $0 | $233,300 |
| 2011 | $0 | $295,250 |
| 2010 | $0 | $295,250 |
| 2009 | $0 | $295,250 |
| 2008 | $0 | $317,340 |
| 2007 | $0 | $269,136 |
| 2006 | $0 | $220,933 |
| 2005 | $0 | $172,730 |
| 2004 | $0 | $155,972 |
| 2003 | $0 | $139,216 |
| 2002 | $0 | $122,460 |
| 2001 | $0 | $117,812 |
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