$312,500
●
House -
Off Market
8577 MAIN AVENUE
PASADENA, MD 21122
4 Beds
2 Baths
960 Ft²
$1,787
Est. Monthly
11.74%
Cap Rate
About This Property
Experience life on The Riviera. Riviera Beach that is. In grand old
Pasadena. Everyone knows it takes a lot of coin to find a home
situated around the water but we made it easy for you with this
one. That's a rock bottom price right there and this place has been
fully rehabbed top to bottom, inside and out. New flooring,
stainless steel appliances, luxury countertops, two full bathrooms,
four full bedrooms, laundry and more. Outside you get your
own private parking and an expensive deck overlooking a private
rear yard. There's even a space to park your boat trailer.
Everything is new here, you can flip on the switches and start
living and enjoying all of the activities around that Riviera Beach
offers. Pride of ownership shows throughout this entire
neighborhood and these homes go quick. Schedule a showing today!
Unit Size
960 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$328
Property Type
House
Property Taxes
$241
HOA Dues
-
Year Built
1971
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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: 9 months ago (Bright MLS #MDAA2125650)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 30, 2026 | Sold | ||
| Sold | |||
| Jan 10, 2026 | In contract | - | |
| In contract | |||
| Jan 4, 2026 | Relisted | $314,900 | |
| Relisted | |||
| Dec 24, 2025 | In contract | - | |
| In contract | |||
| Nov 29, 2025 | Price Decreased |
$314,900
↓ $5K
(1.6%) | |
| Price Decreased | |||
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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 Riviera Beach
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Listed by: Jon P. Leary
Cummings & Co. Realtors
Last Updated: 2 hours ago
Data Source: Bright MLS , MLS# MDAA2125650
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.
Cummings & Co. Realtors
Last Updated: 2 hours ago
Data Source: Bright MLS , MLS# MDAA2125650
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