$560,000
●
House -
Off Market
309 TENNESSEE AVENUE
PASADENA, MD 21122
4 Beds
3 Baths
2,912 Ft²
$3,117
Est. Monthly
6.07%
Cap Rate
About This Property
Coming Soon! This extra spacious four-bedroom, three-bath beautiful
home in Boulevard Park features hardwood flooring, custom wood
cabinetry and moldings, updated kitchen and appliances, new carpet
and paint, new woodstove, updated roof, windows, siding,
water heater, and so much more! Exterior amenities include
an incredible 16 X 24 outbuilding with electricity, a screened-in
porch, storage sheds, and patio. The water access community offers
a boat ramp, fishing pier, clubhouse, and playground.
Professional photos, floorplans, and a virtual tour will be
added soon. You don't want to miss this one!
Unit Size
2,912 Ft²
Days on Market
24 days
Land Size
0.26 acres
Price per sqft
$192
Property Type
House
Property Taxes
$367
HOA Dues
-
Year Built
1980
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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 #MDAA2110430)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 22, 2025 | Sold | ||
| Sold | |||
| Apr 28, 2025 | Listed by Berkshire Hathaway HomeServices PenFed Realty | $560,000 | |
| Listed by Berkshire Hathaway HomeServices PenFed Realty | |||
| Apr 1, 2025 | Listed by Berkshire Hathaway HomeServices PenFed Realty | $549,000 | |
| Listed by Berkshire Hathaway HomeServices PenFed Realty | |||
| | |||
|
Coming Soon! This extra spacious four-bedroom, three-bath beautiful home in Boulevard Park features hardwood flooring, custom wood cabinetry and moldings, updated kitchen and appliances, new carpet and paint, new woodstove, updated roof, windows, siding, water heater, and so much more! Exterior amenities include an incredible 16 X 24 outbuilding with electricity, a screened-in porch, storage sheds, and patio. The water access community offers a boat ramp, fishing pier, clubhouse, and playground. Professional photos, floorplans, and a virtual tour will be added soon. You don't want to miss this one!
| |||
| Apr 21, 1989 | Sold | ||
| Sold | |||
Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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
About Lake Shore
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Listed by: Kimberly Dawn Whaley
Berkshire Hathaway HomeServices PenFed Realty
Last Updated: 1 hours ago
Data Source: Bright MLS , MLS# MDAA2110430
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Berkshire Hathaway HomeServices PenFed Realty
Last Updated: 1 hours ago
Data Source: Bright MLS , MLS# MDAA2110430
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