17
Map
$349,900
↓ $10K (2.8%)
●
House -
For Sale
1 CUTLASS DRIVE
BERLIN, MD 21811
3 Beds
2 Baths
1,200 Ft²
$1,965
Est. Monthly
$95
HOA / Fees
6.51%
Cap Rate
About This Property
New Price!
Everything Recently Updated. Three bedroom, two bath home in Mystic Harbor. Neighborhood offers residents a variety of amenities including a community pool, playground, trash pick up, sport court, and boat/RV storage for homeowners . The community also has a clubhouse, and homeowners association (HOA) that manages common areas, including snow removal, grass cutting and trash services.
Kitchen has all new appliances . stove, refrigerator, dishwasher, and a new sink. Bathrooms are like new!
New carpet throughout along and hardwood floors in the living room
All new front porch and updated side porch accessed from the kitchen.
Just installed, All NEW HVAC system!
This home is like new in all respects.
A few minutes from Ocean City, and Historic Berlin Maryland. Vacant and available to show anytime.
Call listing agent for access.
Everything Recently Updated. Three bedroom, two bath home in Mystic Harbor. Neighborhood offers residents a variety of amenities including a community pool, playground, trash pick up, sport court, and boat/RV storage for homeowners . The community also has a clubhouse, and homeowners association (HOA) that manages common areas, including snow removal, grass cutting and trash services.
Kitchen has all new appliances . stove, refrigerator, dishwasher, and a new sink. Bathrooms are like new!
New carpet throughout along and hardwood floors in the living room
All new front porch and updated side porch accessed from the kitchen.
Just installed, All NEW HVAC system!
This home is like new in all respects.
A few minutes from Ocean City, and Historic Berlin Maryland. Vacant and available to show anytime.
Call listing agent for access.
Unit Size
1,200 Ft²
Days on Market
617 days
Land Size
0.13 acres
Price per sqft
$292
Property Type
House
Property Taxes
$151
HOA Dues
$95
Year Built
1988
Listed By
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100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 months ago (Bright MLS #MDWO2028530)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 20, 2025 | Price Decreased |
$349,900
↓ $10K
(2.8%) | |
| Price Decreased | |||
| Feb 7, 2025 | Listed | $360,000 | |
| Listed | |||
| | |||
|
Recenly Updated. Three bedroom, two bath home in Mystic Harbor. Neighborhood amenities include pool, playground and a tennis court. A few minuts from Ocean City, Assateague and Historic Berlin Maryland. Vacant and available to show anytome. HOA fees iclude trash pick up, along with boat and RV storage for homeowners
| |||
| Jun 7, 2022 | Sold | ||
| Sold | |||
| Jan 20, 1989 | Sold | ||
| Sold | |||
Property Highlights
Air Conditioning
Parking Details
Parking Features: Concrete Driveway
Interior Details
Full Bathrooms: 2
Exterior Details
Square Footage: 1200
Square Footage Source: $0
Architectural Style: Ranch/Rambler
Year Built Source: Assessor
Year Built: 1988
Building Name: NONE AVAILABLE
Levels: 1
Other Structures: Above Grade, Below Grade
Construction Materials: Vinyl Siding, Modular/Manufactured
Lot Size Area: 5451
Lot Size Units: Square Feet
Lot Size Acres: 0.13
Lot Size Square Feet: 5451
Lot Size Dimensions: 0.00 x 0.00
Tax Lot: 19
Water Source: Public
Financial Details
Tax Assessed Value: $189,700
Tax Annual Amount: $1,815
Utilities Details
Cooling Type: Central Air
Heating Type: Heat Pump(s)
Sewer : Public Sewer
Location Details
HOA Fee: $95
HOA Fee Frequency: Monthly
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
Beds
Baths
ft²
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HOA + Taxes
About West Ocean City
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Listed by: John Romeo Jr.
Bruce Howe Realty
Last Updated: 5 hours ago
Data Source: Bright MLS , MLS# MDWO2028530
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
Bruce Howe Realty
Last Updated: 5 hours ago
Data Source: Bright MLS , MLS# MDWO2028530
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