103 PENNSYLVANIA AVENUE
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Mar 13, 2026 | Sold | ||
| Sold | |||
| Jan 30, 2026 | In contract | - | |
| In contract | |||
| Nov 27, 2025 | Price Decreased |
$440,000
↓ $40K
(8.3%) | |
| Price Decreased | |||
| Nov 3, 2025 | Listed by Coldwell Banker Realty | $480,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
|
Charming Updated Bungalow in the Heart of Downtown Frederick with additional renovated building with ADU potential that could be converted into a guest suite, office, or income-generating rental
This move-in ready single-family bungalow blends modern updates with prime location. Step onto the inviting front porch, perfect for morning coffee or evening relaxation. Inside, the open floor plan is filled with natural light thanks to new skylights and energy-efficient windows, complemented by brand-new flooring, recessed lighting, and stylish renovated bathrooms.
The kitchen is fully updated with quartz countertops, soft-close cabinets, and a sleek backsplash. Recent upgrades include a newer HVAC system, hot water heater, washer, and dryer.
Out back, you’ll find ample parking and a fenced-in yard—ideal for entertaining, gardening, or pets. Plus, there’s an additional renovated space with ADU potential that could be converted into a guest suite, office, or income-generating rental. Unfinished basement offers ample storage at the moment; there is potential to finish the basement and have additional living space.
Whether you're a first-time buyer or an investor, this home offers flexibility, style, and unbeatable location—just steps from Carroll Creek, five new breweries, the library, shops, and restaurants.
Don’t miss your chance to own this updated gem in one of Frederick’s most walkable neighborhoods!
| |||
| Aug 30, 2022 | Sold | ||
| Sold | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017