$172,000
●
Condo -
Off Market
1405 KEY PKWY #202
FREDERICK, MD 21702
2 Beds
2 Baths,
1
Half Bath
1,100 Ft²
$185,246
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model
About This Property
MOVE-IN READY UNIT in great condition. Updated kitchen with quartz
counter tops, stainless appliances and white cabinets. Updated
bathrooms tiled with new vanities. Come and check this cute condo
featuring 2 bedrooms, one full bathroom and guest bathroom, with
separate dining room, cozy kitchen with stainless steal appliances
and living room with sliding glass doors leading to your own porch,
lots of closets space. Stacked washer/dryer in unit. Near to all
the amenities of The Golden Mile! Schedule your appointment today,
this one won't last!
Unit Size
1,100 Ft²
Days on Market
-
Land Size
-
Price per sqft
$159
Property Type
Condo
Property Taxes
$134
HOA Dues
-
Year Built
-
Payment Calculator
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Cap Rate Calculator
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Monthly Property Taxes
Monthly Rental Income
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Income Per Year
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Operating Profit Per Year
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: 4 years ago (Bright MLS #MDFR2027386)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 16, 2025 | Sold | ||
| Sold | |||
| Dec 20, 2024 | In contract | - | |
| In contract | |||
| Nov 19, 2024 | Listed by REMAX Platinum Realty | $199,900 | |
| Listed by REMAX Platinum Realty | |||
| | |||
|
Move-in Ready 2 bed, 1 full bath and 1/2 bath condo in a convenient location. In great shape, recently renovated kitchen and baths. Unit has a washer/dryer and a balcony. Plenty of parking and easy access to shopping, retail and Rt. 15, I-70 and I-270.
| |||
| Jan 13, 2023 | Sold | ||
| Sold | |||
| Oct 20, 2022 | Listed by HomeSmart | $174,990 | |
| Listed by HomeSmart | |||
Property Highlights
Air Conditioning
Parking Details
Parking Features: Parking Lot
Total Garage and Parking Spaces: 2
Interior Details
Bedrooms on Main Level: 2
Living Area Square Feet Source: Estimated
Exterior Details
Ownership Interest: Condominium
Year Built Source: Assessor
Other Structures: Above Grade, Below Grade
Structure Type: Unit/Flat/Apartment
Construction Materials: Brick
Unit Building Type: Garden 1 - 4 Floors
No Pool
Tidal Water: N
Land Assessed Value: $90,000
Finished Square Feet: 1100
Finished Square Feet Source: 1100
Financial Details
County Tax: $955
County Tax Payment Frequency: Annually
City Town Tax: $657
City Town Tax Payment Frequency: Annually
Tax Assessed Value: $90,000
Tax Year: 2022
Tax Annual Amount: $1,612
Year Assessed: 2022
Utilities Details
Central Air
Cooling Type: Central A/C
Heating Type: Central
Cooling Fuel: Electric
Heating Fuel: Electric
Hot Water: Electric
Sewer Septic: Public Sewer
Water Source: Public
Location Details
HOA/Condo/Coop Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Parking Fee, Reserve Funds, Road Maintenance, Sewer, Snow Removal, Trash, Water
HOA/Condo/Coop Amenities: Other
Condo/Coop Fee: $303
Washer/Dryer/Hook Up in Unit: Yes
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 |
|---|---|---|---|---|---|---|---|
|
03/24/2025
|
2 Bed
|
1 Bath
|
1000 ft²
|
$199,000
2 Bed
1 Bath
1000 ft²
|
$169,000
-15.08%
07/11/2025
|
Garrett Adler
ExecuHome Realty
| |
|
01/18/2025
|
2 Bed
|
2 Bath
|
1000 ft²
|
$169,900
2 Bed
2 Bath
1000 ft²
|
$165,000
-2.88%
02/05/2025
|
JAMAAL WEST
Roger Fairbourn Real Estate
| |
|
11/19/2024
|
2 Bed
|
2 Bath
|
-
|
$199,900
2 Bed
2 Bath
|
$197,000
-1.45%
01/16/2025
|
Frank Gamez
REMAX Platinum Realty
| |
|
09/16/2024
|
2 Bed
|
2 Bath
|
-
|
$159,900
2 Bed
2 Bath
|
$150,000
-6.19%
10/04/2024
|
Joseph Anselmo
CapStar Properties
| |
|
07/17/2024
|
2 Bed
|
1 Bath
|
1000 ft²
|
$189,990
2 Bed
1 Bath
1000 ft²
|
$170,000
-10.52%
09/30/2024
|
Jesse Hoffman
HomeSmart
| |
|
04/11/2024
|
3 Bed
|
2 Bath
|
1068 ft²
|
$200,000
3 Bed
2 Bath
1068 ft²
|
$192,000
-4.00%
10/03/2024
|
Dayna Metz
RE/MAX Plus
| |
|
04/14/2023
| |
3 Bed
|
1.5 Bath
|
-
|
$175,000
3 Bed
1.5 Bath
|
-
-
|
Rose Bartz
Frederick
|
|
04/14/2023
|
3 Bed
|
2 Bath
|
972 ft²
|
$175,000
3 Bed
2 Bath
972 ft²
|
$175,000
05/01/2023
|
Rose Bartz
Frederick
| |
|
11/30/2022
|
1 Bed
|
1 Bath
|
-
|
$139,900
1 Bed
1 Bath
|
$137,000
-2.07%
03/03/2023
|
Tyler Burch
4 State Real Estate LLC
| |
|
10/20/2022
|
2 Bed
|
2 Bath
|
1100 ft²
|
$174,990
2 Bed
2 Bath
1100 ft²
|
$172,000
-1.71%
01/13/2023
|
Jesse Hoffman
HomeSmart
| |
|
07/21/2022
|
2 Bed
|
1 Bath
|
-
|
$149,900
2 Bed
1 Bath
|
-
-
|
Drew Peters
4 State Real Estate LLC
| |
|
09/04/2021
|
2 Bed
|
1 Bath
|
-
|
$130,000
2 Bed
1 Bath
|
$130,000
10/14/2021
|
Jeffery Shumaker
RE/MAX Agility
| |
|
06/02/2021
|
2 Bed
|
1 Bath
|
1000 ft²
|
$159,990
2 Bed
1 Bath
1000 ft²
|
-
-
|
Jesse Hoffman
HomeSmart
| |
|
05/13/2021
|
2 Bed
|
1 Bath
|
-
|
$135,000
2 Bed
1 Bath
|
$130,000
-3.70%
07/15/2021
|
Robert Krop
Keller Williams Realty Centre
| |
|
01/01/2021
|
3 Bed
|
2 Bath
|
972 ft²
|
$129,900
3 Bed
2 Bath
972 ft²
|
$128,000
-1.46%
02/03/2021
|
Ryan Lancaster
Frederick
| |
|
12/31/2020
| |
3 Bed
|
2 Bath
|
-
|
$129,900
3 Bed
2 Bath
|
-
-
|
-
|
|
12/15/2020
|
2 Bed
|
2 Bath
|
-
|
$149,990
2 Bed
2 Bath
|
$139,000
-7.33%
04/09/2021
|
Jesse Hoffman
| |
|
06/23/2020
|
2 Bed
|
2 Bath
|
-
|
$139,990
2 Bed
2 Bath
|
-
-
|
-
| |
|
06/23/2020
|
2 Bed
|
2 Bath
|
-
|
$139,990
2 Bed
2 Bath
|
-
-
|
-
| |
|
08/04/2020
|
3 Bed
|
2 Bath
|
950 ft²
|
$136,000
3 Bed
2 Bath
950 ft²
|
$118,000
-13.24%
12/18/2020
|
Lee Moreno
Coldwell Banker Realty
| |
|
01/15/2020
|
2 Bed
|
1 Bath
|
-
|
$109,900
2 Bed
1 Bath
|
-
-
|
-
| |
|
08/01/2019
|
2 Bed
|
1 Bath
|
-
|
$95,000
2 Bed
1 Bath
|
$95,000
08/30/2019
|
Roman Mychajliw
Long & Foster Real Estate, Inc.
| |
|
08/01/2019
| |
2 Bed
|
1 Bath
|
-
|
$95,000
2 Bed
1 Bath
|
-
-
|
-
|
|
05/03/2019
|
2 Bed
|
2 Bath
|
-
|
$135,000
2 Bed
2 Bath
|
-
-
|
-
| |
|
03/18/2019
|
1 Bed
|
1 Bath
|
-
|
$99,000
1 Bed
1 Bath
|
$90,000
-9.09%
08/14/2019
|
Terry LaScola
Welcome Home Realty Group
| |
|
10/12/2018
|
2 Bed
|
1 Bath
|
-
|
$124,910
2 Bed
1 Bath
|
-
-
|
-
|
Building Info
About Frederick
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Listed by: Jesse Hoffman
HomeSmart
Last Updated: 11 hours ago
Data Source: Bright MLS , MLS# MDFR2027386
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.
HomeSmart
Last Updated: 11 hours ago
Data Source: Bright MLS , MLS# MDFR2027386
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