$225,000
●
House -
Off Market
14135 GRACEHAM RD
THURMONT, MD 21788
3 Beds
1 Bath
1,144 Ft²
$235,394
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model
About This Property
Cozy rancher nestled on 2.55 acres in Thurmont backing to a creek
and trees. Updated kitchen offers oak cabinetry and white
appliances. Enjoy your time in the screened-in porch or sit outside
on your covered patio and look at the horses at the adjacent farm.
Need some relaxation time? Unwind in the hot tub overlooking your
backyard and the trees beyond. Additional outbuildings include a
large 2-story red barn, a pole barn, two sheds, and three separate
metal carports. Koi pond near patio. Heating is fueled by kerosene.
Fireplace in basement is fueled by propane (tank included). Note:
Septic system needs to be replaced or new leaching field installed.
Buyer to have septic engineer design new system or repair both of
which are to be approved by Frederick County Health Department.
CASH or Conventional Renovation or FHA Renovation Loan Only.
Grant funds may be available for a new Best Available
Technology Septic System.
Unit Size
1,144 Ft²
Days on Market
-
Land Size
2.55 acres
Price per sqft
$205
Property Type
House
Property Taxes
$192
HOA Dues
-
Year Built
1970
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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: 4 years ago (Bright MLS #MDFR2023984)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 14, 2023 | Sold | ||
| Sold | |||
| Mar 9, 2023 | In contract | - | |
| In contract | |||
| Aug 8, 2022 | No longer available | - | |
| No longer available | |||
| Aug 7, 2022 | Listed by RE/MAX Results | $235,000 | |
| Listed by RE/MAX Results | |||
| Jun 1, 2022 | Listed by RE/MAX Results | $275,000 | |
| Listed by RE/MAX Results | |||
| | |||
|
Cozy 3 bedroom, 1 bath Rancher nestled on 2.55 acres in Thurmont backing to a creek and trees. Updated kitchen offers oak cabinetry and white appliances. Enjoy your time in the screened-in porch or sit outside on your covered patio and look at the horses at the adjacent farm. Need some relaxation time? Unwind in the hot tub overlooking your backyard and the trees beyond. Additional outbuildings include a large 2-story red barn, a pole barn, two sheds, and three separate metal carports. Koi pond near patio. Heating is fueled by kerosene. Fireplace in basement is fueled by propane (tank included). Note: Septic system has failed. Buyer to have septic engineer design new system to be approved by Frederick County Health Department. CASH or Renovation Loan Only. Grant funds may be available for a new Best Available Technology Septic System. Call Listing Agent for more information. The manager has listed the unit size as 1144 square feet.
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Frederick
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Listed by: Christine Hersey
RE/MAX Results
Last Updated: 5 hours ago
Data Source: Bright MLS , MLS# MDFR2023984
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.
RE/MAX Results
Last Updated: 5 hours ago
Data Source: Bright MLS , MLS# MDFR2023984
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