756 Ocean Pkwy · Ocean Pines, MD 21811

$405,000

5 bd · 2.0 ba · 2,054 sqft · SingleFamily public records · 281 Days on market

Built 1981 9,750 sqft lot $197/sqft · 18% below area Est $491k · 18% under $73/mo HOA · 2% of rent

---

Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +15.0/15.0
• Cash flow +11.6/30.0
• Livability +3.5/5.0
• DSCR +3.4/10.0
• Schools +3.3/10.0
• 1% rule +2.7/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This lovely home is for your family and all your friends. A spacious well-maintained 5 bedroom rancher featuring an addition that added family room living area and additional bedroom space. The home is complemented with new vinyl plank flooring throughout. Some other renovations include an updated primary bathroom, new roof (home and shed), new gutters/ gutter guards, and down spouts, new exterior back door, new windows(front), freshly paint on porch and deck. The open living room area transitions to a split floor plan that allows for guests and family to enjoy privacy. Both the master and the famiy room access out to a sunny deck. The 5th bedroom is currently configured as an office with costum built ins. The large shed with electric provides ample storage/work space. Enjoy the backyard that feels like a vacation retreat with the patio perfect for gatherings, complete with a fire pit and sound system. The large driveway provides plenty of space for guests, family or a boat! Home warranty offered. Motivated seller!

Key facts

• 9,750 sq ft lot
• Community pool
• Built 1981

What this means for you Summary

Snapshot

• This is a 5-bed/2.0-bath single-family listed at $405k.

Deal economics

• At list price, monthly cash flow is $-192 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $371k (8.4% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $310k (23.4% below list).
• Recommended offer: $310k (23.4% below list) — sets the bar for 1% rule.
• Cap rate 5.9% vs local median 3.4% in Ocean Pines — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 70/100 on livability (#172 in MD) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: cost of living D, amenities F, commute F.
• Worcester County Public Schools (town): math 30% / reading 44% proficiency, ranked #6 of 24 in MD (top 25%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Showell Elementary (math 26% / reading 30%, grade F, #220 of 860 statewide, top 26%, 621 students, 37% FRL); Stephen Decatur Middle (math 24% / reading 43%, grade F, #53 of 225 statewide, top 24%, 697 students, 50% FRL); Stephen Decatur High (math 64% / reading 78%, grade B+, #37 of 222 statewide, top 17%, 1,431 students, 42% FRL) — zoned schools at 43% FRL track the district average.
• Market conditions: 318 active listings in the ZIP; solid renter incomes; 354 units permitted in Worcester County in 2024 (6 in 5+ unit buildings).
• This rent runs 41% of the median local income ($90k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $12k of value loss. Plan a longer hold.
• Worcester County population projected to shrink 4% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• It's been on market 281 days — a 12% lower offer ($356k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 9y ago; this cycle's ask has dropped $55k (12%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $256k; list at $405k implies a 59% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo.
• Climate carrying-cost: severe flood risk; severe wind risk, 80% chance of damaging wind over 30y; extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $310,328 (23.4% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 281 days. Have you received any prior offers? Is the seller open to a 23% concession, seller financing, or rate buy-down credit?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
8. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
9. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
10. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
11. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.77% ✗
• Cap rate: 5.92%
• Cash-on-cash: -1.33%
• DSCR: 0.94
• GRM: 10.9

CMA / ARV

• ARV (median comp): $491,354
• List price: $405,000
• Delta: -17.57%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
756 Ocean Pkwy	0.00mi	5/2.0	2,054 (0%)	0mo	$390,000	$190	100
62 Boston Dr	0.39mi	4/3.0 (-1)	2,121 (+3%)	0mo	$762,550	$360	67
71 Hingham Ln	0.30mi	4/2.5 (-1)	2,199 (+7%)	0mo	$592,990	$270	67
51 Martinique Cir	0.51mi	4/2.5 (-1)	2,038 (-1%)	8mo	$474,750	$233	61
24 Fairway Ln	0.33mi	4/2.5 (-1)	2,328 (+13%)	1mo	$520,000	$223	55
566 Ocean Pkwy	0.55mi	4/3.0 (-1)	1,920 (-6%)	2mo	$470,000	$245	53
8 Candytuft Ln	0.54mi	5/3.0	2,184 (+6%)	11mo	$460,000	$211	51
32 Liberty St	0.38mi	4/2.5 (-1)	1,776 (-14%)	2mo	$470,000	$265	51
29 Boston Dr	0.52mi	4/3.5 (-1)	2,218 (+8%)	2mo	$597,898	$270	50
17 Stacy Ct	0.75mi	4/2.5 (-1)	1,968 (-4%)	5mo	$837,500	$426	47
5 Mist Flower Rd	0.54mi	4/2.5 (-1)	1,820 (-11%)	10mo	$415,000	$228	40
13 Dog Leg Ct	0.56mi	4/2.5 (-1)	2,354 (+15%)	5mo	$515,000	$219	38

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -19.7%
• Equity multiple: 0.31×
• Total profit: $-77,904
• Equity at exit: $60,387

10-year hold

• IRR: -12.5%
• Equity multiple: 0.26×
• Total profit: $-83,779
• Equity at exit: $35,017

Cash invested: $113,400 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 27 Tenant-Leaning
• State Maryland: 27 Tenant-Leaning · D+14
• County: — inherits STATE
• City: — inherits STATE

Failure-to-pay is dismissed if cured before judgment; Baltimore has just-cause; strict deposit rules.

Methodology + full state rankings →

ZIP-level market 21811

• Home prices YoY: -29.0%
• Active inventory: 318
• Price-to-rent: 10.9×

Monthly cashflow live

• Estimated rent: $3,103 medium
• Mortgage (P&I): −$2,124
• Tax from tax record: −$212 /mo · $2,538/yr
• Insurance: −$169
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$73
• Vacancy / Maint / Mgmt: −$652
• Net cashflow: $-192

Break-even live

Break-even rent $3,346

Max offer price $371,085

Occupancy floor —

Sensitivity live

Price	-10% $37	-5% $-77	+0% $-192	+5% $-307	+10% $-421
Rent	-10% $-437	-5% $-315	+0% $-192	+5% $-69	+10% $53
Rate	-1.0pp $12	-0.5pp $-89	base $-192	+0.5pp $-297	+1.0pp $-404

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $101,250
• Closing costs: $12,150
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $73 · $876/yr
• Likely covers: electric

Listing history 19 events

1. 2026-05-14
   status Pending 1035-char remark

   Show marketing remark (1035 chars)

   This lovely home is for your family and all your friends. A spacious well-maintained 5 bedroom rancher featuring an addition that added family room living area and additional bedroom space. The home is complemented with new vinyl plank flooring throughout. Some other renovations include an updated primary bathroom, new roof (home and shed), new gutters/ gutter guards, and down spouts, new exterior back door, new windows(front), freshly paint on porch and deck. The open living room area transitions to a split floor plan that allows for guests and family to enjoy privacy. Both the master and the famiy room access out to a sunny deck. The 5th bedroom is currently configured as an office with costum built ins. The large shed with electric provides ample storage/work space. Enjoy the backyard that feels like a vacation retreat with the patio perfect for gatherings, complete with a fire pit and sound system. The large driveway provides plenty of space for guests, family or a boat! Home warranty offered. Motivated seller!

2. 2026-05-05
   price $405,000 1035-char remark

   Show marketing remark (1035 chars)

   This lovely home is for your family and all your friends. A spacious well-maintained 5 bedroom rancher featuring an addition that added family room living area and additional bedroom space. The home is complemented with new vinyl plank flooring throughout. Some other renovations include an updated primary bathroom, new roof (home and shed), new gutters/ gutter guards, and down spouts, new exterior back door, new windows(front), freshly paint on porch and deck. The open living room area transitions to a split floor plan that allows for guests and family to enjoy privacy. Both the master and the famiy room access out to a sunny deck. The 5th bedroom is currently configured as an office with costum built ins. The large shed with electric provides ample storage/work space. Enjoy the backyard that feels like a vacation retreat with the patio perfect for gatherings, complete with a fire pit and sound system. The large driveway provides plenty of space for guests, family or a boat! Home warranty offered. Motivated seller!

3. 2026-03-29
   price $415,000 1035-char remark

   Show marketing remark (1035 chars)

   This lovely home is for your family and all your friends. A spacious well-maintained 5 bedroom rancher featuring an addition that added family room living area and additional bedroom space. The home is complemented with new vinyl plank flooring throughout. Some other renovations include an updated primary bathroom, new roof (home and shed), new gutters/ gutter guards, and down spouts, new exterior back door, new windows(front), freshly paint on porch and deck. The open living room area transitions to a split floor plan that allows for guests and family to enjoy privacy. Both the master and the famiy room access out to a sunny deck. The 5th bedroom is currently configured as an office with costum built ins. The large shed with electric provides ample storage/work space. Enjoy the backyard that feels like a vacation retreat with the patio perfect for gatherings, complete with a fire pit and sound system. The large driveway provides plenty of space for guests, family or a boat! Home warranty offered. Motivated seller!

4. 2026-03-05
   price $427,000 1035-char remark

   Show marketing remark (1035 chars)

   This lovely home is for your family and all your friends. A spacious well-maintained 5 bedroom rancher featuring an addition that added family room living area and additional bedroom space. The home is complemented with new vinyl plank flooring throughout. Some other renovations include an updated primary bathroom, new roof (home and shed), new gutters/ gutter guards, and down spouts, new exterior back door, new windows(front), freshly paint on porch and deck. The open living room area transitions to a split floor plan that allows for guests and family to enjoy privacy. Both the master and the famiy room access out to a sunny deck. The 5th bedroom is currently configured as an office with costum built ins. The large shed with electric provides ample storage/work space. Enjoy the backyard that feels like a vacation retreat with the patio perfect for gatherings, complete with a fire pit and sound system. The large driveway provides plenty of space for guests, family or a boat! Home warranty offered. Motivated seller!

5. 2026-01-08
   price $415,000 1035-char remark

   Show marketing remark (1035 chars)

   This lovely home is for your family and all your friends. A spacious well-maintained 5 bedroom rancher featuring an addition that added family room living area and additional bedroom space. The home is complemented with new vinyl plank flooring throughout. Some other renovations include an updated primary bathroom, new roof (home and shed), new gutters/ gutter guards, and down spouts, new exterior back door, new windows(front), freshly paint on porch and deck. The open living room area transitions to a split floor plan that allows for guests and family to enjoy privacy. Both the master and the famiy room access out to a sunny deck. The 5th bedroom is currently configured as an office with costum built ins. The large shed with electric provides ample storage/work space. Enjoy the backyard that feels like a vacation retreat with the patio perfect for gatherings, complete with a fire pit and sound system. The large driveway provides plenty of space for guests, family or a boat! Home warranty offered. Motivated seller!

6. 2026-01-08
   status Active 1035-char remark

   Show marketing remark (1035 chars)

   This lovely home is for your family and all your friends. A spacious well-maintained 5 bedroom rancher featuring an addition that added family room living area and additional bedroom space. The home is complemented with new vinyl plank flooring throughout. Some other renovations include an updated primary bathroom, new roof (home and shed), new gutters/ gutter guards, and down spouts, new exterior back door, new windows(front), freshly paint on porch and deck. The open living room area transitions to a split floor plan that allows for guests and family to enjoy privacy. Both the master and the famiy room access out to a sunny deck. The 5th bedroom is currently configured as an office with costum built ins. The large shed with electric provides ample storage/work space. Enjoy the backyard that feels like a vacation retreat with the patio perfect for gatherings, complete with a fire pit and sound system. The large driveway provides plenty of space for guests, family or a boat! Home warranty offered. Motivated seller!

7. 2025-12-08
   historical 1035-char remark

   Show marketing remark (1035 chars)

   This lovely home is for your family and all your friends. A spacious well-maintained 5 bedroom rancher featuring an addition that added family room living area and additional bedroom space. The home is complemented with new vinyl plank flooring throughout. Some other renovations include an updated primary bathroom, new roof (home and shed), new gutters/ gutter guards, and down spouts, new exterior back door, new windows(front), freshly paint on porch and deck. The open living room area transitions to a split floor plan that allows for guests and family to enjoy privacy. Both the master and the famiy room access out to a sunny deck. The 5th bedroom is currently configured as an office with costum built ins. The large shed with electric provides ample storage/work space. Enjoy the backyard that feels like a vacation retreat with the patio perfect for gatherings, complete with a fire pit and sound system. The large driveway provides plenty of space for guests, family or a boat! Home warranty offered. Motivated seller!

8. 2025-11-05
   price $433,000 1035-char remark

   Show marketing remark (1035 chars)

   This lovely home is for your family and all your friends. A spacious well-maintained 5 bedroom rancher featuring an addition that added family room living area and additional bedroom space. The home is complemented with new vinyl plank flooring throughout. Some other renovations include an updated primary bathroom, new roof (home and shed), new gutters/ gutter guards, and down spouts, new exterior back door, new windows(front), freshly paint on porch and deck. The open living room area transitions to a split floor plan that allows for guests and family to enjoy privacy. Both the master and the famiy room access out to a sunny deck. The 5th bedroom is currently configured as an office with costum built ins. The large shed with electric provides ample storage/work space. Enjoy the backyard that feels like a vacation retreat with the patio perfect for gatherings, complete with a fire pit and sound system. The large driveway provides plenty of space for guests, family or a boat! Home warranty offered. Motivated seller!

9. 2025-09-02
   price $435,000 1035-char remark

   Show marketing remark (1035 chars)

   This lovely home is for your family and all your friends. A spacious well-maintained 5 bedroom rancher featuring an addition that added family room living area and additional bedroom space. The home is complemented with new vinyl plank flooring throughout. Some other renovations include an updated primary bathroom, new roof (home and shed), new gutters/ gutter guards, and down spouts, new exterior back door, new windows(front), freshly paint on porch and deck. The open living room area transitions to a split floor plan that allows for guests and family to enjoy privacy. Both the master and the famiy room access out to a sunny deck. The 5th bedroom is currently configured as an office with costum built ins. The large shed with electric provides ample storage/work space. Enjoy the backyard that feels like a vacation retreat with the patio perfect for gatherings, complete with a fire pit and sound system. The large driveway provides plenty of space for guests, family or a boat! Home warranty offered. Motivated seller!

10. 2025-09-02
    status Active 1035-char remark

    Show marketing remark (1035 chars)

    This lovely home is for your family and all your friends. A spacious well-maintained 5 bedroom rancher featuring an addition that added family room living area and additional bedroom space. The home is complemented with new vinyl plank flooring throughout. Some other renovations include an updated primary bathroom, new roof (home and shed), new gutters/ gutter guards, and down spouts, new exterior back door, new windows(front), freshly paint on porch and deck. The open living room area transitions to a split floor plan that allows for guests and family to enjoy privacy. Both the master and the famiy room access out to a sunny deck. The 5th bedroom is currently configured as an office with costum built ins. The large shed with electric provides ample storage/work space. Enjoy the backyard that feels like a vacation retreat with the patio perfect for gatherings, complete with a fire pit and sound system. The large driveway provides plenty of space for guests, family or a boat! Home warranty offered. Motivated seller!

11. 2025-08-26
    historical Active Under Contract 1035-char remark

    Show marketing remark (1035 chars)

    This lovely home is for your family and all your friends. A spacious well-maintained 5 bedroom rancher featuring an addition that added family room living area and additional bedroom space. The home is complemented with new vinyl plank flooring throughout. Some other renovations include an updated primary bathroom, new roof (home and shed), new gutters/ gutter guards, and down spouts, new exterior back door, new windows(front), freshly paint on porch and deck. The open living room area transitions to a split floor plan that allows for guests and family to enjoy privacy. Both the master and the famiy room access out to a sunny deck. The 5th bedroom is currently configured as an office with costum built ins. The large shed with electric provides ample storage/work space. Enjoy the backyard that feels like a vacation retreat with the patio perfect for gatherings, complete with a fire pit and sound system. The large driveway provides plenty of space for guests, family or a boat! Home warranty offered. Motivated seller!

12. 2025-08-14
    price $445,000 1035-char remark

    Show marketing remark (1035 chars)

    This lovely home is for your family and all your friends. A spacious well-maintained 5 bedroom rancher featuring an addition that added family room living area and additional bedroom space. The home is complemented with new vinyl plank flooring throughout. Some other renovations include an updated primary bathroom, new roof (home and shed), new gutters/ gutter guards, and down spouts, new exterior back door, new windows(front), freshly paint on porch and deck. The open living room area transitions to a split floor plan that allows for guests and family to enjoy privacy. Both the master and the famiy room access out to a sunny deck. The 5th bedroom is currently configured as an office with costum built ins. The large shed with electric provides ample storage/work space. Enjoy the backyard that feels like a vacation retreat with the patio perfect for gatherings, complete with a fire pit and sound system. The large driveway provides plenty of space for guests, family or a boat! Home warranty offered. Motivated seller!

13. 2025-07-21
    price $450,000 1035-char remark

    Show marketing remark (1035 chars)

    This lovely home is for your family and all your friends. A spacious well-maintained 5 bedroom rancher featuring an addition that added family room living area and additional bedroom space. The home is complemented with new vinyl plank flooring throughout. Some other renovations include an updated primary bathroom, new roof (home and shed), new gutters/ gutter guards, and down spouts, new exterior back door, new windows(front), freshly paint on porch and deck. The open living room area transitions to a split floor plan that allows for guests and family to enjoy privacy. Both the master and the famiy room access out to a sunny deck. The 5th bedroom is currently configured as an office with costum built ins. The large shed with electric provides ample storage/work space. Enjoy the backyard that feels like a vacation retreat with the patio perfect for gatherings, complete with a fire pit and sound system. The large driveway provides plenty of space for guests, family or a boat! Home warranty offered. Motivated seller!

14. 2025-06-30
    listed $460,000 Active 1035-char remark

    Show marketing remark (1035 chars)

    This lovely home is for your family and all your friends. A spacious well-maintained 5 bedroom rancher featuring an addition that added family room living area and additional bedroom space. The home is complemented with new vinyl plank flooring throughout. Some other renovations include an updated primary bathroom, new roof (home and shed), new gutters/ gutter guards, and down spouts, new exterior back door, new windows(front), freshly paint on porch and deck. The open living room area transitions to a split floor plan that allows for guests and family to enjoy privacy. Both the master and the famiy room access out to a sunny deck. The 5th bedroom is currently configured as an office with costum built ins. The large shed with electric provides ample storage/work space. Enjoy the backyard that feels like a vacation retreat with the patio perfect for gatherings, complete with a fire pit and sound system. The large driveway provides plenty of space for guests, family or a boat! Home warranty offered. Motivated seller!

15. 2025-06-01
    historical $460,000 1035-char remark

    Show marketing remark (1035 chars)

    This lovely home is for your family and all your friends. A spacious well-maintained 5 bedroom rancher featuring an addition that added family room living area and additional bedroom space. The home is complemented with new vinyl plank flooring throughout. Some other renovations include an updated primary bathroom, new roof (home and shed), new gutters/ gutter guards, and down spouts, new exterior back door, new windows(front), freshly paint on porch and deck. The open living room area transitions to a split floor plan that allows for guests and family to enjoy privacy. Both the master and the famiy room access out to a sunny deck. The 5th bedroom is currently configured as an office with costum built ins. The large shed with electric provides ample storage/work space. Enjoy the backyard that feels like a vacation retreat with the patio perfect for gatherings, complete with a fire pit and sound system. The large driveway provides plenty of space for guests, family or a boat! Home warranty offered. Motivated seller!

16. 2017-09-15
    soldstatus $255,500
17. 2017-08-29
    soldstatus $255,500 506-char remark

    Show marketing remark (506 chars)

    Very spacious & cared for rancher. An addition added a family room & 2 more bedrooms. 5th BR used as an office with built ins. Updated kitchen cabinets, counters & SS appliances. Wood laminate flooring & new carpet. Large shed with electric. Family room & master bedroom open onto sundeck with hot tub. Vacation in your back yard, lots of fun on the patio, ideal for fire pit & has sound system outside & inside. Extra large driveway for boat or to turn around in!

18. 2017-05-09
    listed $249,900 506-char remark

    Show marketing remark (506 chars)

    Very spacious & cared for rancher. An addition added a family room & 2 more bedrooms. 5th BR used as an office with built ins. Updated kitchen cabinets, counters & SS appliances. Wood laminate flooring & new carpet. Large shed with electric. Family room & master bedroom open onto sundeck with hot tub. Vacation in your back yard, lots of fun on the patio, ideal for fire pit & has sound system outside & inside. Extra large driveway for boat or to turn around in!

19. 1985-07-22
    soldstatus $59,500

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast MD · Partial reset (capped growth)

• Current annual tax: $2,538 · $212/mo
• Projected year-2 tax: $3,476 · $290/mo
• Expected delta: +$938/yr (+$78/mo · 37.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 9/10 Extreme FEMA zone X (shaded) · 99% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 8/10 Severe 7 d/yr ≥103°F today · 17 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 80% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $37,239
• − Mortgage interest: −$22,686
• − Property taxes: −$2,538
• − Insurance: −$2,822
• − Repairs & maintenance: −$2,979
• − Management: −$2,979
• − HOA: −$876
• − Depreciation: −$11,782
• Taxable loss: −$9,424
• Est. tax savings @ 24.0%: +$2,262
• After-tax cash flow: $-42/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Worcester County Public Schools
• NCES district ID: 2400720
• Math proficiency: 30% ▼ -25.00%
• Reading proficiency: 44% ▼ -20.00%
• Median HH income: $56,748
• Composite: 32.6/100
• National rank: #5672
• State rank: #6 of 24 in MD

Livability — Ocean Pines

• Score: 70/100
• State rank: #172
• US rank: #7691

Category grades

Amenities F Commute F Cost of living D Crime A+ Employment A+ Housing A+ Health & safety D- User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Ocean Pines, MD
• County: Worcester County · 35,603 people
• Metro: Salisbury, MD-DE
• Population (ZIP): 24,377
• Household income: $90,082
• Rent vs Own: 16.7% rent · 83.3% own
• Severe rent burden: 551.0

Population outlook (Worcester County) Hauer SSP2

• Today (2025): 51,363 people
• By 2030: 51,191 · -0.3%
• By 2040: 50,459 · -1.8%
• By 2050: 49,451 · -3.7%
• By 2075: 48,533 · -5.5%
• By 2100: 44,223 · -13.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (82%)
• Race & ethnicity: White 82% Black 9% Two or more races 5% Hispanic / Latino 3% Asian 2%
• Common ancestry: Romanian 4% Italian 2% Lithuanian 2%
• Foreign-born: 5% · Canada, China
• Languages at home: 94% English-only · Spanish 2% Other Indo-European 1% French/Haitian/Cajun 1%

Political lean MEDSL · Worcester

• 2024 margin: Strong R (+22.0) · D 38.0% · R 60.0% · Other 2.0%
• 2008→2024 swing: -6.5pp toward R · 2008: -15.5pp · 2024: -22.0pp
• All cycles: 2024: R+22.0 2020: R+19.0 2016: R+27.9 2012: R+18.3 2008: R+15.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -119.52%
• Current HPI: 292.9004
• Rent YoY: —
• Metro: Salisbury, MD-DE
• State GDP YoY: ▲ 2.97%
• F500 in state: 12

Industry mix (Fortune 500 HQ in MD)

Industry	F500 HQs	Revenue
▸Aerospace / Defense	1	$71B
▸Utilities	1	$25B
▸Hotels	1	$24B
▸Consumer Goods	1	$7B
▸Real Estate	1	$6B
▸Chemicals	1	$2B

Price history

+580.7% since first listed

19 events — show timeline

• 2026-05-14 Pending — BRIGHT MLS
• 2026-05-05 Price Changed $405,000 BRIGHT MLS
• 2026-03-29 Price Changed $415,000 BRIGHT MLS
• 2026-03-05 Price Changed $427,000 BRIGHT MLS
• 2026-01-08 Price Changed $415,000 BRIGHT MLS
• 2026-01-08 Relisted — BRIGHT MLS
• 2025-12-08 Listing Removed — BRIGHT MLS
• 2025-11-05 Price Changed $433,000 BRIGHT MLS
• 2025-09-02 Price Changed $435,000 BRIGHT MLS
• 2025-09-02 Relisted — BRIGHT MLS
• 2025-08-26 Contingent — BRIGHT MLS
• 2025-08-14 Price Changed $445,000 BRIGHT MLS
• 2025-07-21 Price Changed $450,000 BRIGHT MLS
• 2025-06-30 Listed $460,000 BRIGHT MLS
• 2025-06-01 Coming Soon $460,000 BRIGHT MLS
• 2017-09-15 Sold (Public Records) $255,500 Public Records
• 2017-08-29 Sold (MLS) $255,500 BRIGHT MLS
• 2017-05-09 Listed $249,900 BRIGHT MLS
• 1985-07-22 Sold (Public Records) $59,500 Public Records

Property tax history

+4.4%/yr

Latest (2025): $2,538 · +0.7% YoY. Source: county tax records.