$355,000
●
House -
Off Market
1498 KEY PARKWAY
FREDERICK, MD 21702
3 Beds
3 Baths,
1
Half Bath
1,200 Ft²
$1,827
Est. Monthly
9.02%
Cap Rate
About This Property
Welcome to this beautifully maintained 3-bedroom, 3.5-bathroom
townhome, ideally located on a desirable corner lot. Spread across
three fully finished levels, this home offers ample space, comfort,
and versatility to fit any lifestyle.
Step into the bright and airy sunroom-perfect for morning coffee, a home office, or entertaining guests. The generous yard space, rare for a townhome, offers plenty of room for outdoor activities, gardening, or relaxing evenings.
Each bedroom is comfortably sized. The open-concept main level provides a seamless flow between living, dining, and kitchen area, ideal for both everyday living and hosting.
Bonus: The owner is including a 1-year home warranty for added peace of mind!
Located just 10 minutes from Francis Scott Key Mall and downtown Frederick, you'll enjoy quick access to shopping, dining, and local attractions, all while enjoying the benefits of a wonderful neighborhood.
Don't miss out on this rare combination of space, location, and value-schedule your tour today!
Step into the bright and airy sunroom-perfect for morning coffee, a home office, or entertaining guests. The generous yard space, rare for a townhome, offers plenty of room for outdoor activities, gardening, or relaxing evenings.
Each bedroom is comfortably sized. The open-concept main level provides a seamless flow between living, dining, and kitchen area, ideal for both everyday living and hosting.
Bonus: The owner is including a 1-year home warranty for added peace of mind!
Located just 10 minutes from Francis Scott Key Mall and downtown Frederick, you'll enjoy quick access to shopping, dining, and local attractions, all while enjoying the benefits of a wonderful neighborhood.
Don't miss out on this rare combination of space, location, and value-schedule your tour today!
Unit Size
1,200 Ft²
Days on Market
41 days
Land Size
0.12 acres
Price per sqft
$279
Property Type
House
Property Taxes
$181
HOA Dues
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Year Built
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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: 2 years ago (Bright MLS #MDFR2064320)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 30, 2025 | Sold | ||
| Sold | |||
| May 21, 2025 | In contract | - | |
| In contract | |||
| May 16, 2025 | Listed by Vista Properties Group | $335,000 | |
| Listed by Vista Properties Group | |||
Property Highlights
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About Stonegate
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Listed by: Gari Cruz
Vista Properties Group
Last Updated: 2 hours ago
Data Source: Bright MLS , MLS# MDFR2064320
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.
Vista Properties Group
Last Updated: 2 hours ago
Data Source: Bright MLS , MLS# MDFR2064320
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