$185,000
●
Condo -
Off Market
1403 KEY PARKWAY #205C
FREDERICK, MD 21702
3 Beds
1 Bath,
1
Half Bath
1,000 Ft²
$1,780
Est. Monthly
$600
HOA / Fees
11.59%
Cap Rate
About This Property
Welcome home to this beautifully renovated three-bedroom,
one-and-a-half-bathroom condo, conveniently located on the second
floor. As you step inside, you'll be greeted by a bright and airy
open-concept layout that seamlessly connects the living, dining,
and kitchen areas, creating the perfect space for entertaining and
modern living.
This turnkey property has been completely updated, meaning you can move right in without any work needed. The three spacious bedrooms offer flexibility for a home office, guest room, or family. Enjoy the ultimate convenience with vibrant retail shopping and a diverse selection of restaurants just a short walk from your front door. This unit also offers peace of mind with secure building access and ample, hassle-free parking for you and your guests. Don't miss this opportunity to own a stylish, low-maintenance home in an unbeatable location. Schedule your private tour today!
This turnkey property has been completely updated, meaning you can move right in without any work needed. The three spacious bedrooms offer flexibility for a home office, guest room, or family. Enjoy the ultimate convenience with vibrant retail shopping and a diverse selection of restaurants just a short walk from your front door. This unit also offers peace of mind with secure building access and ample, hassle-free parking for you and your guests. Don't miss this opportunity to own a stylish, low-maintenance home in an unbeatable location. Schedule your private tour today!
Unit Size
1,000 Ft²
Days on Market
-
Land Size
-
Price per sqft
$200
Property Type
Condo
Property Taxes
$197
HOA Dues
$600
Year Built
-
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Cap Rate Calculator
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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: 3 months ago (Bright MLS #MDFR2068468)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 16, 2025 | Sold | ||
| Sold | |||
| Oct 4, 2025 | In contract | - | |
| In contract | |||
| Sep 23, 2025 | Price Decreased |
$200,000
↓ $10K
(4.8%) | |
| Price Decreased | |||
| Sep 9, 2025 | Price Decreased |
$210,000
↓ $10K
(4.6%) | |
| Price Decreased | |||
| Aug 12, 2025 | Listed by Weichert, REALTORS | $220,000 | |
| Listed by Weichert, REALTORS | |||
Property Highlights
Air Conditioning
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Breakfast Bar, Ceiling Fan(s), Bathroom - Tub Shower, Carpet, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Galley, Window Treatments
Appliances: Microwave, Dishwasher, Disposal, Dryer, Electric Oven, Refrigerator, Washer
Flooring Type: Carpet, Luxury Vinyl Plank
Exterior Details
Has Property Attached
Square Footage: 1000
Square Footage Source: $0
Security Features: Main Entrance Lock
Property Condition: Excellent
Architectural Style: Colonial
Year Built Source: Assessor
Year Built: 1982
Levels: 4
Other Structures: Above Grade, Below Grade
Construction Materials: Concrete, Vinyl Siding, Brick Front
Tax Lot: 205
Water Source: Public
Financial Details
Tax Assessed Value: $141,000
Tax Annual Amount: $2,368
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds, Insurance, Pest Control, Trash, All Ground Fee, Custodial Services Maintenance, Ext Bldg Maint, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Parking Fee, Reserve Funds
Condo/Coop Fee: $600
Condo/Coop Fee Frequency: Monthly
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/12/2025
|
3 Bed
|
1 Bath
|
1000 ft²
|
$220,000
3 Bed
1 Bath
1000 ft²
|
$185,000
-15.91%
10/16/2025
|
Sean Firestone
Weichert, REALTORS
| |
|
12/23/2024
|
2 Bed
|
2 Bath
|
-
|
$203,000
2 Bed
2 Bath
|
$200,500
-1.23%
03/01/2025
|
xin chen
Independent Realty, Inc
| |
|
11/11/2023
|
2 Bed
|
2 Bath
|
849 ft²
|
$185,000
2 Bed
2 Bath
849 ft²
|
$180,000
-2.70%
11/28/2023
|
Robert Garner
Coldwell Banker Realty
| |
|
07/27/2022
|
2 Bed
|
1 Bath
|
856 ft²
|
$129,900
2 Bed
1 Bath
856 ft²
|
$140,000
+7.78%
08/29/2022
|
Matthew Spence
Keller Williams Integrity
| |
|
02/25/2022
|
2 Bed
|
1 Bath
|
-
|
$110,000
2 Bed
1 Bath
|
$115,000
+4.55%
03/11/2022
|
Patricia Mills
Charis Realty Group
| |
|
06/22/2021
| |
1 Bed
|
1 Bath
|
-
|
$129,500
1 Bed
1 Bath
|
-
-
|
Mike McDermitt
Rockville Centre
|
|
06/22/2021
|
1 Bed
|
1 Bath
|
747 ft²
|
$114,500
1 Bed
1 Bath
747 ft²
|
$113,200
-1.14%
12/30/2021
|
Michael McDermitt
Long & Foster Real Estate, Inc.
| |
|
06/07/2019
|
1 Bed
|
1 Bath
|
747 ft²
|
$89,900
1 Bed
1 Bath
747 ft²
|
-
-
|
-
| |
|
12/10/2018
|
1 Bed
|
1 Bath
|
747 ft²
|
$90,000
1 Bed
1 Bath
747 ft²
|
-
-
|
-
| |
|
10/21/2018
|
3 Bed
|
2 Bath
|
-
|
$94,900
3 Bed
2 Bath
|
-
-
|
-
| |
|
06/19/2018
| |
1 Bed
|
1 Bath
|
747 ft²
|
-
1 Bed
1 Bath
747 ft²
|
-
-
|
-
|
|
04/18/2018
|
1 Bed
|
1 Bath
|
747 ft²
|
$105,000
1 Bed
1 Bath
747 ft²
|
$97,000
-7.62%
07/25/2018
|
Anna Lee Williams
Keller Williams Realty Centre
|
Building Info
About Frederick
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Listed by: Sean Michael Firestone
Weichert, REALTORS
Last Updated: 6 hours ago
Data Source: Bright MLS , MLS# MDFR2068468
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.
Weichert, REALTORS
Last Updated: 6 hours ago
Data Source: Bright MLS , MLS# MDFR2068468
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