$235,000
●
Condo -
Off Market
2574 RIVA ROAD #12A
ANNAPOLIS, MD 21401
1 Bed
1 Bath
730 Ft²
$1,612
Est. Monthly
$285
HOA / Fees
8.82%
Cap Rate
About This Property
COVETED SINGLE LEVEL CONDOMINIUM in PRIME ANNAPOLIS LOCATION!
CAREFREE LIVING with RESIDENT AMENITIES including beautifully
tended common grounds, gazebo & picnic areas, outdoor pool, and
Clubhouse social hub! Delight in this 2nd floor Condo's open-air
balcony for basking in the seasons! Special features include:
Neutral turnkey paint palette to complement any decor; LVP
flooring; crisp, updated Kitchen & renovated Bath; washer/dryer;
energy efficient natural gas heat/electric central A/C; ceiling fan
breezes; convenient paved lot parking. Open concept
Living/Dining/Kitchen areas with sliders to balcony for
light-filled living & entertaining. Bedroom with oversized mirrored
closet storage & Juliet balcony. Mere minutes to downtown
City Dock, the USNA, Westfield & Towne Centre malls, eclectic
dining, South River boating, & commuter RTs 50/97/301/2.
MOVE-IN READY AND AWAITING THE TURN OF YOUR KEY!!
Unit Size
730 Ft²
Days on Market
42 days
Land Size
-
Price per sqft
$322
Property Type
Condo
Property Taxes
$173
HOA Dues
$285
Year Built
-
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Cap Rate Calculator
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Cap Rate
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: 2 years ago (Bright MLS #MDAA2103392)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 10, 2025 | Sold | ||
| Sold | |||
| May 18, 2025 | In contract | - | |
| In contract | |||
| Mar 24, 2025 | Price Decreased |
$235,000
↓ $5K
(2.1%) | |
| Price Decreased | |||
| Mar 12, 2025 | Price Increased |
$240,000
↑ $5K
(2.1%) | |
| Price Increased | |||
| Feb 26, 2025 | Listed by Long & Foster Real Estate, Inc. | $235,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
Show More
Property Highlights
Parking Available
Air Conditioning
Interior Details
Full Bathrooms: 1
Interior Features: Ceiling Fan(s), Bathroom - Tub Shower, Carpet, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Table Space, Wood Floors
Appliances: Dishwasher, Dryer, Exhaust Fan, Gas Oven, Range Hood, Refrigerator, Washer
Flooring Type: Carpet, Laminate Plank
Exterior Details
Square Footage: 730
Square Footage Source: $0
Architectural Style: Unit/Flat
Year Built Source: Estimated
Year Built: 1979
Levels: 1
Other Structures: Above Grade, Below Grade
Window Features: Screens, Sliding
Construction Materials: Other
Patio and Porch Features: Deck(s)
Water Source: Public
Financial Details
Tax Annual Amount: $2,072
Utilities Details
Cooling Type: Ceiling Fan(s), Central A/C
Heating Type: Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds, Gas, Insurance, Sewer, Trash, Water, Cook Fee, Ext Bldg Maint, Heat, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Pool(s), Reserve Funds, Road Maintenance
HOA/Condo/Coop Amenities: Clubhouse, Picnic Area, Common Grounds, Community Center, Pool - Outdoor
Condo/Coop Fee: $285
Condo/Coop Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/07/2026
|
1 Bed
|
1 Bath
|
730 ft²
|
$239,000
1 Bed
1 Bath
730 ft²
|
$245,000
+2.51%
06/10/2026
|
Bob Mikelskas
Rosario Realty
| |
|
02/26/2025
|
1 Bed
|
1 Bath
|
730 ft²
|
$235,000
1 Bed
1 Bath
730 ft²
|
$235,000
07/10/2025
|
Karlton F Morris Jr.
Long & Foster Real Estate, Inc.
| |
|
11/21/2024
|
3 Bed
|
2 Bath
|
1147 ft²
|
$359,500
3 Bed
2 Bath
1147 ft²
|
$292,000
-18.78%
01/24/2025
|
Lawrence Stanton
Berkshire Hathaway HomeServices PenFed Realty
| |
|
03/25/2023
|
2 Bed
|
1 Bath
|
961 ft²
|
$235,000
2 Bed
1 Bath
961 ft²
|
$240,000
+2.13%
04/27/2023
|
Patricia Paul
Coldwell Banker Realty
| |
|
08/05/2021
|
2 Bed
|
1 Bath
|
961 ft²
|
$227,900
2 Bed
1 Bath
961 ft²
|
-
-
|
Mike Taylor
Coldwell Banker Realty
| |
|
07/13/2021
|
1 Bed
|
1 Bath
|
730 ft²
|
$179,900
1 Bed
1 Bath
730 ft²
|
-
-
|
Jeannine Wayson
Coldwell Banker Realty
| |
|
12/15/2020
| |
2 Bed
|
1 Bath
|
-
|
$199,900
2 Bed
1 Bath
|
-
-
|
-
|
|
12/06/2019
|
2 Bed
|
1 Bath
|
872 ft²
|
$180,000
2 Bed
1 Bath
872 ft²
|
-
-
|
-
| |
|
12/10/2018
|
2 Bed
|
1 Bath
|
872 ft²
|
$189,900
2 Bed
1 Bath
872 ft²
|
-
-
|
-
| |
|
11/01/2017
|
2 Bed
|
1 Bath
|
961 ft²
|
$174,900
2 Bed
1 Bath
961 ft²
|
$169,125
-3.30%
04/30/2018
|
Kathleen Armiger
Coldwell Banker Realty
|
Building Info
About Parole
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Listed by: Karlton F Morris Jr.
Long & Foster Real Estate, Inc.
Last Updated: 1 hours ago
Data Source: Bright MLS , MLS# MDAA2103392
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, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
Long & Foster Real Estate, Inc.
Last Updated: 1 hours ago
Data Source: Bright MLS , MLS# MDAA2103392
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