1616 BLACKSMITH WAY UNIT B #B
About This Property
Schedule an in person or online plan and price review. Our preconstruction showroom is open from 11-2 Sat, Sun, Mon, Tue or by appointment any time and is located at 244 N Market St, Frederick. Incentives include preconstruction pricing and $10,000 in closing incentives.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 6, 2024 | Sold | ||
| Sold | |||
| Dec 26, 2023 | Listed by Long & Foster Real Estate, Inc. | $401,304 | |
| Listed by Long & Foster Real Estate, Inc. | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/22/2025
| |
3 Bed
|
3 Bath
|
2222 ft²
|
$443,358
3 Bed
3 Bath
2222 ft²
|
$443,358
04/11/2025
|
Melissa Lambert
Long & Foster Real Estate, Inc.
|
|
02/10/2024
|
3 Bed
|
3 Bath
|
2527 ft²
|
$448,501
3 Bed
3 Bath
2527 ft²
|
$448,501
09/30/2024
|
Kelly Moskala
Long & Foster Real Estate, Inc.
| |
|
12/26/2023
|
3 Bed
|
3 Bath
|
1774 ft²
|
$401,304
3 Bed
3 Bath
1774 ft²
|
$406,968
+1.41%
08/06/2024
|
Kelly Moskala
Long & Foster Real Estate, Inc.
| |
|
12/04/2023
|
2 Bed
|
2 Bath
|
1235 ft²
|
$355,000
2 Bed
2 Bath
1235 ft²
|
$388,742
+9.50%
10/02/2024
|
Kelly Moskala
Long & Foster Real Estate, Inc.
|
Building Info
About Waverley View
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017