$203,000
●
House -
For Sale
10403 DOE
BERLIN, MD 21811
2 Beds
2 Baths
1,620 Ft²
$1,144
Est. Monthly
About This Property
Rare opportunity to own 1 acre on a quiet no‑thru street in Berlin.
The existing double‑wide conveys As‑Is at no value, offering a
solid footprint for redevelopment or a future new home. The
property includes an existing well and septic (condition unknown)
and a mostly cleared, level lot with mature trees along the
perimeter for privacy. Enjoy a peaceful setting just minutes from
Route 50, downtown Berlin, Assateague, and West Ocean City. Buyer
is responsible for all inspections, due diligence, and removal of
existing structures. No HOA and low Worcester County taxes make
this an excellent opportunity for a primary residence, vacation
home site, or investment build.
Unit Size
1,620 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$125
Property Type
House
Property Taxes
$147
HOA Dues
-
Year Built
1982
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: 4 months ago (Bright MLS #MDWO2040178)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 28, 2026 | Listed by Samson Properties | $203,000 | |
| Listed by Samson Properties | |||
Property Highlights
Interior Details
Full Bathrooms: 2
Exterior Details
Square Footage: 1620
Square Footage Source: $0
Property Condition: Major Rehab Needed
Architectural Style: Ranch/Rambler
Year Built Source: Estimated
Year Built: 1982
Building Name: NONE AVAILABLE
Levels: 1
Other Structures: Above Grade, Below Grade
Construction Materials: Aluminum Siding, Combination
Lot Features: Level, Wooded, Private, No Thru Street, Rural, Not In Development
Lot Size Area: 43560
Lot Size Units: Square Feet
Lot Size Acres: 1
Lot Size Square Feet: 43560
Lot Size Dimensions: Approx. 1 acre
Water Source: Private, Well
Financial Details
Tax Assessed Value: $196,500
Tax Annual Amount: $1,759
Utilities Details
Cooling Type: None
Heating Type: None
Sewer : Septic Tank, Septic Exists
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
Price/ft²
Price/ft²
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Sold On
HOA + Taxes
About Worcester
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Listed by: Emel F Safoglu
Samson Properties
Last Updated: 6 hours ago
Data Source: Bright MLS , MLS# MDWO2040178
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Samson Properties
Last Updated: 6 hours ago
Data Source: Bright MLS , MLS# MDWO2040178
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