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105 74TH STREET, Ocean City, MD 21842
$1,999,000 Asking Price
$---/mo Est. Payment Get Prequalified »
6
beds
4
baths
2,495
sqft
Built in
2024
Recently appraised for 2 million! This property screams luxury from the Subzero and Wolf appliances, built in coffee maker, to the private heated pool/tiki bar. This 6 bedrooms, 4.5 bath house has a reversed floor plan, with all bedrooms on the first floor. If you're looking to use this as a rental property, this home will sleep up to 20 and has bay and ocean views from the front second floor deck! This property has rental projection of up to $2,500 per night and over $200k per year. The property features two master bedrooms, both with ensuites, that lead directly out to the pool. Brand new build! If interested in using this property as a rental, the current property management company charges 12% of the nightly rate if the new owner has interest in continued rental success and a seamless transition. 2024 Rentals must be honored.
Features & Amenities
Interior
- Flooring:
- Luxury Vinyl Plank
- A/C:
- Central A/C
- Heating:
- Y, Heat Pump(s), Electric
- Disability Feature:
- 36"+ wide Halls
Exterior
- General:
- Above Grade,Below Grade
- Style:
- Coastal
Construction
- Roofing:
- Architectural Shingle
- General:
- Vinyl Siding, 2, Crawl Space
Location
- Originating MLS:
- BRIGHT_MAIN
- School District:
- WORCESTER COUNTY PUBLIC SCHOOLS
- County:
- WORCESTER
Lot
- Zoning:
- R-2, 2410085195
- Current Use:
- R
Utilities
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- BRIGHT_MAIN
This listing courtesy of:
Taylor Properties, JOHN R. CLARK
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Ocean City, MD
Housing
- Number of Units
- 28,700
- Median Home Value
- $351,933
- Median Rent
- $932
28.15% of housing units are renter occupied.
82.27% are vacant.
Commute
- Car
-
75.14%
- Public Transportation
-
3.14%
- Walk to Work
-
3.68%
- Work from Home
-
15.57%
- Other
-
0.52%
The median travel time to work is 19 minutes.
People
- Population
- 9,862
- Median Age
- 51.20
- Median Household Size
- 2.30
Education
- High School
-
30.02%
- Associate’s Degree
-
8.97%
- Bachelor’s Degree
-
20.03%
- Graduate Degree
-
13.38%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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