Ocean City, MD 21842,161 CAPTAINS QUARTERS RD #1
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Ocean City, MD 21842,161 CAPTAINS QUARTERS RD #1
Ocean City, MD 21842,161 CAPTAINS QUARTERS RD #1
Ocean City, MD 21842,161 CAPTAINS QUARTERS RD #1
Ocean City, MD 21842,161 CAPTAINS QUARTERS RD #1

$475,000

Est. payment /mo

$485,000

2.1%
Est.Price: ?

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161 CAPTAINS QUARTERS RD #1 Ocean City, MD 21842

3 Beds

3 Baths

1,120 SqFt

SOLD DATE : 09/06/2024

Key Details

Sold Price $475,000

Property Type Condo

Sub Type Condo/Co-op

Listing Status Sold

Purchase Type For Sale

Square Footage 1,120 sqft

Price per Sqft $424

Subdivision Non Development

MLS Listing ID MDWO2020980

Style Coastal

Bedrooms 3

Full Baths 2

Half Baths 1

Condo Fees $1,000/qua

Year Built 1985

Annual Tax Amount $2,257

Tax Year 2023

Property 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.

Location

State MD

County Worcester

Area Bayside Interior (83)

Zoning R-2

Rooms

Other Rooms Living Room, Kitchen

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling Ceiling Fan(s), Window Unit(s)

Flooring Carpet, Laminate Plank

Fireplaces Number 1

Equipment Stainless Steel Appliances, Washer/Dryer Stacked

Exterior

Garage Spaces 1.0

Amenities Available Pool - Outdoor, Tennis Courts

Water Access N

Roof Type Shingle

Building

Story 3

Foundation Block

Sewer Public Sewer

Water Public

Structure Type Dry Wall

New Construction N

Schools

School District Worcester County Public Schools

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Pets Allowed Cats OK, Dogs OK

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Bright MLS (BMLS)
Listed by Jay Pierorazio • Coastal Life Realty Group LLC
Bought with LISA M JACKSON • Engel & Volkers Ocean City

Jason Gareau

Broker

+1(609) 929-4486

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