1631 SHOOKSTOWN ROAD
About This Property
Local Amenities & Commuter Routes
This home is just minutes from downtown Frederick full of historic charm, boutiques, cafes, and seasonal markets. Everyday needs and big-box stores along W Patrick Street and U.S. 40 are a short drive away. For outdoor enjoyment, you're near Carroll Creek Linear Park and Baker Park, with trails, waterfront paths, and green spaces. Commuters benefit from easy access to I-70 and I-270, plus weekday service on the MARC Brunswick Line into D.C. Regional commuters can also rely on public bus and shuttle service from Frederick County TransIT.
Notable Updates: New exterior spigots, electrical panel, refrigerator, microwave, dishwasher, windows, washer, dryer, paint, lighting, refinished wood floors, renovated bathrooms, landscaping, and a full French drain and waterproofing system and an Attic Fan. Roof 2020.
Some photos have been virtually staged.
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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 |
|---|---|---|---|
| Jan 16, 2026 | Sold | ||
| Sold | |||
| Dec 22, 2025 | In contract | - | |
| In contract | |||
| Dec 11, 2025 | Listed by Northrop Realty | $435,000 | |
| Listed by Northrop Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017