114 TURNSTONE LANE
About This Property
Life at Lake Frederick provides a mix of quiet relaxation and abundant activities. In addition to the award-winning Regions 117 Restaurant, residents share access to a beautiful lodge with meeting and banquet spaces, and dozens of club and lifelong learning activities. There's also community gardening, pickleball and tennis courts, pool tables, a golf simulator, a dog park, a gym, and indoor and outdoor pools. The HOA handles outdoor chores, allowing you to enjoy a life centered on connection - with space to breathe and explore.
ASK US HOW YOU CAN SAVE UP TO $2300 IN CLOSING COSTS BY FINANCING WITH PENTAGON FEDERAL CREDIT UNION VIB (VERY IMPORTANT BUYER) PROGRAM WITH COMPETITIVE RATES AND THE OPTION TO REFINANCE WITHIN 3 YEARS WITH THE SAME SAVINGS!
(Square footage is taken from county records.)
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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%.
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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.
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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 |
|---|---|---|---|
| Oct 8, 2026 | In contract | - | |
| In contract | |||
| Jul 31, 2026 | Listed by Berkshire Hathaway HomeServices PenFed Realty | $680,000 | |
| Listed by Berkshire Hathaway HomeServices PenFed Realty | |||
| Oct 9, 2025 | Price Decreased |
$729,900
↓ $20K
(2.7%) | |
| Price Decreased | |||
| Sep 10, 2025 | Listed | $749,900 | |
| Listed | |||
| | |||
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The Elate Model - features 3 spacious bedrooms and 3.5 baths, the open floor plan features a gourmet kitchen with stainless steel appliances, open to living and dining area with a small inviting lounge area by the gas fireplace, and luxurious primary bath amenities. Enjoy the beautiful hardwood flooring on the main level and carpet in the finished lower level. Included are beautifully landscaped grounds, complete with a screened porch perfect for perfect relaxation. The community boasts fantastic amenities, including an indoor and outdoor pool, fitness center, art studio, and walking paths around the picturesque lake. This vibrant neighborhood fosters a sense of belonging, with maintenance-free living and a welcoming atmosphere, this home is not just a residence; it's a lifestyle. Experience the joy of community living in this exceptional property!
| |||
| May 1, 2017 | Sold | ||
| Sold | |||
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About Frederick
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017