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438 Ocean Pkwy

Berlin, MD 21811

2 bd 2 ba 1,098 sqft Built 1973 condos
Most recent sale
$197,500
Aug 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 16, 2022 Listed $225,000 MLS #MDWO2008606
Aug 15, 2022 Sold $197,500 MLS #MDWO2008606
Jun 22, 2022 Listed $225,000 MLS #MDWO2008606

Tax assessment history

No tax assessment data

No assessment history available for this parcel.

Property facts

Year built
1973
Property type
condos
Stories
2
Beds
2
Baths
2
Living area
1,098 sqft
Lot size
ZIP code
21811
City
Berlin
Street
Ocean Pkwy
Coordinates
38.38912, -75.14350

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,647
Gross rental yield
10.01%
Implied cap rate
6.50%
Trend-extrapolated value

Frequently asked questions

When did 438 Ocean Pkwy last sell?
438 Ocean Pkwy most recently sold on Aug 15, 2022 for $197,500.
What is the current tax assessment for 438 Ocean Pkwy?
No tax-assessment history is recorded for this parcel.
When was 438 Ocean Pkwy built?
438 Ocean Pkwy was built in 1973.
How does 438 Ocean Pkwy compare to others on Ocean Pkwy?
We track 8 other properties on Ocean Pkwy. Browse the list under "Other properties on Ocean Pkwy" to compare beds, baths, and sale history.
What are the property facts for 438 Ocean Pkwy?
438 Ocean Pkwy is a 2 bed, 2 bath, 1,098 sqft condos.
Is 438 Ocean Pkwy a flip candidate?
No — 438 Ocean Pkwy does not appear in our flips dataset.
Is 438 Ocean Pkwy a tax-appeal candidate?
No — 438 Ocean Pkwy is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.1%
Implied 1-yr
+0.3%
2026 Q3
$470.1K
2026 Q4
$470.4K
ZIP 21811 — Median Price History + Forecast

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