$460,000
●
House -
Off Market
103 FAIRVIEW AVENUE
FREDERICK, MD 21701
3 Beds
2 Baths,
1
Half Bath
2,190 Ft²
$2,886
Est. Monthly
5.42%
Cap Rate
About This Property
Motivated Seller. Come see this rancher with 4 bedrooms and 2.5
bathrooms located on Fairview Avenue which sits on a 1/3 acre.
Close to Baker Park, Frederick High School and downtown Frederick.
Turn this home into your dream home by bringing your ideas
to update the home already in a great location! 1,315 above grade
finished sq ft plus 875 finished sq ft in basement. Main
floor has 3 bedrooms all with hardwood flooring. Kitchen
needs to be updated but plenty of room to make it your dream
kitchen. Hardwood flooring in foyer and dining room.
Kitchen is tile. Living room is carpet. Basement
is fully finished with bedroom with LVP flooring, full bathroom and
large rec room with carpet. Enjoy the nice backyard with
patio that is fully fenced. Garage has been converted to an office
but does not have heat or air conditioning in it. House is being
sold AS IS.
Unit Size
2,190 Ft²
Days on Market
26 days
Land Size
0.35 acres
Price per sqft
$217
Property Type
House
Property Taxes
$554
HOA Dues
-
Year Built
1963
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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 #MDFR2059620)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 9, 2025 | Sold | ||
| Sold | |||
| Apr 14, 2025 | In contract | - | |
| In contract | |||
| Mar 30, 2025 | Price Decreased |
$474,900
↓ $24K
(4.8%) | |
| Price Decreased | |||
| Mar 4, 2025 | Price Decreased |
$499,000
↓ $500
(0.1%) | |
| Price Decreased | |||
| Mar 3, 2025 | Price Increased |
$499,500
↑ $25K
(5.2%) | |
| Price Increased | |||
Show More
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 Westbrook
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Listed by: Cynthia Wilhelm
Mackintosh, Inc.
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# MDFR2059620
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.
Mackintosh, Inc.
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# MDFR2059620
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