1311 BOUNDARY PEAK TERRACE
About This Property
The exterior features a striking stone-and-vinyl facade, paired with a covered front porch perfect for morning coffee or evening relaxation. The backyard backs to a private open green space, creating a peaceful buffer and enhancing the home's sense of privacy. A Trex deck with metal spindles and vinyl railing offers a stylish, low‑maintenance outdoor retreat ideal for entertaining.
Inside, the main level showcases wide‑plank luxury flooring, a welcoming foyer, and a formal dining room with crown molding. The heart of the home is the open kitchen‑to‑great‑room design, highlighted by soaring vaulted ceilings, recessed lighting, and abundant natural light. The gourmet kitchen features white custom cabinetry with detailed moldings, a large island with bar seating, stainless steel appliances, gas cooking, tile backsplash, and generous workspace-perfect for everyday living and hosting. The main‑level primary suite offers crown molding, a walk‑in closet with high‑end built‑ins, and a luxury tile bathroom with a soaking tub and separate glass shower. A convenient main‑level laundry room makes daily routines easier.
Upstairs, you'll find two spacious bedrooms, a large tile bathroom, and a bright bonus room-ideal as a second family room, office, playroom, or creative space. The finished lower level expands your living options with a large recreation/family room, a full tile bathroom, and two unfinished rooms ready to become additional bedrooms, a gym, workshop, or hobby rooms. Walk‑out stairs lead directly to the backyard. A 2‑car garage and a large driveway provide ample off‑street parking.
Just minutes from Downtown Frederick, residents enjoy easy access to award‑winning restaurants, craft breweries, Carroll Creek Promenade, boutique shopping, live music, and year‑round community events. Commuter routes, parks, and everyday conveniences are all close by-making this home the perfect blend of comfort, style, and lifestyle.
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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%.
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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.
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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017