$745,000
●
House -
Off Market
12 E 3RD STREET
FREDERICK, MD 21701
4 Beds
2 Baths,
1
Half Bath
3,136 Ft²
$4,802
Est. Monthly
2.80%
Cap Rate
About This Property
Beautifully restored 3 level TH with spacious rooms, high ceilings,
large windows for light-filled spaces plus freshly painted
interiors; a foyer entry leads to the spacious living room with
built-in bookcases, beautiful central 3-story "floating" staircase
- enjoy the large professional kitchen with custom made cabinetry
and a huge island plus additional table space in front of a window
with views of the rear garden, and for convenience, a powder room
off the rear hall. The formal dining room opens to a private garden
with koi pond and enjoys both decking and patio areas to entertain
and dine al-fresco. The second level offers 3 spacious rooms and
beautiful bath while the 3rd fl offers a private primary suite with
lux bath and sitting room or additional bedroom. NEW 2-zone heating
and air-conditioning plus many improvements and updates. Walk to
all that downtown is renowned for! Shops, restaurants, theatre,
museums, parks, coffee shops and more.
Unit Size
3,136 Ft²
Days on Market
84 days
Land Size
0.06 acres
Price per sqft
$238
Property Type
House
Property Taxes
$1,144
HOA Dues
-
Year Built
-
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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 #MDFR2063754)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 25, 2025 | Sold | ||
| Sold | |||
| Jun 15, 2025 | In contract | - | |
| In contract | |||
| Jun 11, 2025 | Price Decreased |
$745,000
↓ $50K
(6.3%) | |
| Price Decreased | |||
| May 2, 2025 | Listed by Long & Foster Real Estate, Inc. | $795,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
| Mar 24, 2025 | Listed | $875,000 | |
| Listed | |||
| | |||
|
Beautifully restored 3 level TH with spacious rooms, high ceilings, large windows for light-filled spaces plus freshly painted interiors; a foyer entry leads to the spacious living room with built-in bookcases, beautiful central 3-story "floating" staircase - enjoy the large professional kitchen with custom made cabinetry and a huge island plus additional table space in front of a window with views of the rear garden, and for convenience, a powder room off the rear hall. The formal dining room opens to a private garden with koi pond and enjoys both decking and patio areas to entertain and dine al-fresco. The second level offers 3 spacious rooms and beautiful bath while the 3rd fl offers a private primary suite with lux bath and sitting room or additional bedroom. NEW 2-zone heating and air-conditioning plus many improvements and updates. Walk to all that downtown is renowned for! Shops, restaurants, theatre, museums, parks, coffee shops and more.
| |||
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Property Highlights
Air Conditioning
Fireplace
With View
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 Downtown Frederick
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Listed by: Robert N Whalen
Long & Foster Real Estate, Inc.
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# MDFR2063754
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.
Long & Foster Real Estate, Inc.
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# MDFR2063754
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