32
Map
129 W 5TH STREET
About This Property
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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 |
|---|---|---|---|
| Apr 3, 2025 | Sold | ||
| Sold | |||
| Mar 13, 2025 | In contract | - | |
| In contract | |||
| Feb 28, 2025 | Listed by Keller Williams Realty Centre | $299,900 | |
| Listed by Keller Williams Realty Centre | |||
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This charming single family home in Downtown Frederick has so much potential and is now priced to reflect the condition. 50k price improvement!! Run to this investment opportunity to build sweat equity, renovate & sell, or renovate and hold. The value here is in the acquisition price! As you approach, you immediately recognize the pristine location on W 5th and Bentz. Everything downtown Frederick awaits, including ease of access to Baker Park, Carroll Creek, local favorites such as Gravel and Grind and Olde Mother. The detail in the original hardwood floors as you enter is hard to overlook. And the living space for the main level is more than comfortable. The rear kitchen leads nicely to your fully fenced back yard with off-street parking! The upper level’s primary bedroom is adjacent to the main bath and features a private balcony for you to enjoy. There is an additional bedroom, also with hardwood floors, on this level. Washer and dryer on the upper level too! Step out back to a fully fenced backyard which has incredible potential. Overall, this is an fantastic investment opportunity in downtown Frederick. Don't miss this charmer and make it your own!
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| Dec 5, 2024 | Listed | $350,000 | |
| Listed | |||
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Cosmetic updates completed, come back for another look! Detached home located just blocks from the heart of downtown Frederick and the hospital. This home has two large bedrooms, hardwood floors, brand new refrigerator and home has been freshly painted. No need to carry laundry up and down the stairs as the washer and dryer are on the top level. The exposed brick in the kitchen and two fireplaces add tons of charm to this lovely setting. Small one car garage with private backyard for entertaining.
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| Apr 6, 1994 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017