508 RIVERVIEW COURT
About This Property
The main level features a family room with a 2-story cathedral ceilings and a floor to ceiling stone fireplace, creating a spacious and inviting atmosphere. The kitchen is equipped with standard appliances access to an enormous screened in porch, and separate dining area for family meals. The upper level is home to 2 spacious bedrooms and the second full bath. The lower level includes a laundry room, 4th bedroom and a large family room, offering additional living space with walk-out access to the backyard. The home is located minutes from downtown Annapolis, offering easy access to shopping, dining, and waterfront activities.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 13, 2025 | Sold | ||
| Sold | |||
| May 15, 2025 | In contract | - | |
| In contract | |||
| May 8, 2025 | Price Decreased |
$460,000
↓ $40K
(8%) | |
| Price Decreased | |||
| May 8, 2025 | Listed by Winning Edge | $500,000 | |
| Listed by Winning Edge | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017