Patterson-Schwartz Real Estate161 Captains Quarters Road #1, Ocean City, MD 21842-4897 $499,900
Interior Sq. Ft: 1,120
Acreage:
Age:39 years
Style:
Coastal
Subdivision: Non Development
Design/Type:
End of Row/Townhouse
Description
Major Price Reduction... Welcome to paradise! This is an amazing opportunity to purchase a fully renovated 3-story end-unit townhome with sunset views and balconies galore! This property has it all – 3 spacious bedrooms with balconies (two master bedrooms), 2.5 bathrooms, back deck, a large carport with storage, and an association pool just steps away. In 2023, the Harbour Sails townhouses completed a major exterior renovation, including all new Hardie Board plank siding, wood decking, railings, and stairs. Inside are newer LVP floors throughout and recently renovated kitchen and baths. PLUS new windows, sliding doors, and window A/C units. This property comes fully furnished with lovely beach décor and ready to be used immediately, or used as a rental the summer season of 2024. Gross income for the past three years was $24,070 (2023), $40,778 (2022), and $26,484 (2021) during the high season only. Projected income for 2024 is $14K with potential for additional earnings. Only 8 weeks are currently rented with June and August being open for new owner use! Booking can be conveyed if desired. Sold fully furnished and turn-key. Enjoy easy access to the beach, shopping, and restaurants just a short stroll away. At the top of the street is Jamestown Park for crabbing and fishing, The Original Greene Turtle, Fractured Prune and more! This property is centrally located with easy access on and off the island by Lighthouse Road or RT 90 bridge. Harbor Sails Association is a well managed HOA. There are no assessments due from the upgrades, and the reserve study has been completed. Whether you're seeking a full-time residence, a vacation getaway, or an investment opportunity, this townhome has it all! Don't miss out on the opportunity to experience bayside living at its finest. The owners have taken meticulous and loving care of this property and it shows! Call or message me for more information or a private showing.
Home Assoc: No
Condo Assoc: $1,000/Quarterly
Buyer Agency Comp*: 2.5 % Of Gross
Basement: N
Pool: Yes - Community
Features
Utilities
Baseboard - Electric Heating, Electric, Ceiling Fan(s), Window Unit(s) Cooling, Electric, Hot Water - Electric, Public Water, Public Sewer
Garage/Parking
Attached Carport, Off Street, Parking Lot, Paved Parking, Attached Carport Spaces #: 1;
Interior
Ceiling Fan(s), Floor Plan - Traditional, , Window Treatments, Carpet Flooring, Laminate Plank Flooring, Dry Wall
Exterior
Block Foundation, Shingle Roof, Combination Exterior, Other, Tennis Court(s)
Lot
Bayside
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This report is a detailed community overview for Ocean City (21842), Maryland.
Community Quick Facts
- Average travel time to work for people in this community: 21
- Average salary of people in this community: $46,876
Community Summary
- Population Density (ppl / mile): 683
- Household Size (ppl): 2.04
- Households w/ Children: 22%
Housing Inventory
- Owned: 3,625 (11.1%)
- Rented: 1,559 (4.8%)
- Vacant: 27,482 (84.1%)
- Total: 32,666
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 2.8%
- Some High School: 5.5%
- High School Graduate: 28.9%
- Some College: 22.0%
- Associate Degree: 8.5%
- Bachelor's Degree: 21.3%
- Graduate Degree: 10.9%
Income by dollar range
Median Income: $55,064
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- Studio: $713
- One Bedroom: $830
- Two Bedroom: $1,105
- Three Bedroom: $1,412
- Four Bedroom: $3,501
© 2024 LiveBy. All Rights Reserved.
Contact Information
Schedule an Appointment to See this Home
Request more information
or call me now at 302-234-6007
Listing Courtesy of: Coastal Life Realty Group LLC , (443) 235-8382, joe@coastallifeoc.com
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 in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 6/26/2024.
