$772,000
●
House -
Off Market
120 CLARKE PL
FREDERICK, MD 21701
4 Beds
3 Baths,
1
Half Bath
2,526 Ft²
$3,757
Est. Monthly
About This Property
Statuesque, Queen Anne Beauty in Historic Frederick! Quiet
residential enclave with exceptional privacy nestled in vibrant
downtown. Meticulously maintained and updated to include modern
convenience while preserving historic features. Full, covered,
front porch welcomes you. Main level showcases majestic foyer,
formal dining room, living room with fireplace (gas insert),
kitchen and full bathroom. Beautiful hardwood flooring and
built-ins throughout main level. Upper level includes 4 bedrooms,
redesigned and updated full bath, and balcony overlooking rear
yard. Finished lower level features rec room, exercise room, bar
area, walk-out stairs to rear yard, mud room with utility sink,
spacious laundry room and powder room. The beauty of this home
extends to the exterior with covered rear porch, patio, fully
fenced rear yard, mature gardens and pond. Detached 2-car garage
and spacious driveway. Wood stove added to one garage bay creating
cozy outdoor entertaining space "Shangri-La"! Unfinished,
floored attic provides room for expansion.
Unit Size
2,526 Ft²
Days on Market
39 days
Land Size
0.20 acres
Price per sqft
$303
Property Type
House
Property Taxes
$836
HOA Dues
-
Year Built
1910
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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 #MDFR2057788)
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Mount Olivet Heights
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Listed by: Kimberly Hotaling
RE/MAX Results
Last Updated: 10 hours ago
Data Source: Bright MLS , MLS# MDFR2057788
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RE/MAX Results
Last Updated: 10 hours ago
Data Source: Bright MLS , MLS# MDFR2057788
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