10140 LENHART ROAD
About This Property
A welcoming wrap-around porch sets the tone as you step inside. The wide entry foyer opens to a spacious living room featuring a stunning stone fireplace, while the sun-drenched dining room boasts French doors leading out to the porch for seamless indoor-outdoor living. The renovated white farmhouse kitchen combines style and function, making it ideal for both daily life and entertaining. A full bath and laundry room complete the main level.
Upstairs, you'll find four generously sized bedrooms, including a luxurious primary suite with multiple closets, a glass-enclosed steam shower/room, and a timeless clawfoot tub. Three additional bedrooms share a well-appointed hall bath. Radiant floor heating throughout-with individual room controls-provides year-round comfort. An above-ground pool in the backyard provides endless fun and a refreshing escape on hot summer afternoons.
Perfect for animal lovers and hobby farmers, the property includes fenced pasture, three horse stalls, a greenhouse, and an automatic waterer. The MASSIVE garage and workshop, with dimensions of approximately 40' x 60' x 15' high, accommodates 10+ vehicles and features soaring ceilings, three roll up doors, a half bath, and a motorized drop-down staircase leading to extra overhead storage.
The grounds are a true natural escape, with wooded areas, a meandering creek, and wide-open spaces to explore. While this private retreat feels worlds away, it's just off Route 15, for a quick trip to the city of Frederick and surrounding areas.
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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 |
|---|---|---|---|
| Nov 26, 2025 | Sold | ||
| Sold | |||
| Sep 25, 2025 | In contract | - | |
| In contract | |||
| Sep 18, 2025 | Listed by Compass | $849,900 | |
| Listed by Compass | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017