172 POINSETT LANE
About This Property
The upper level offers two spacious bedrooms and a full bathroom. The lower level provides additional living space with a large family room, a third generously sized bedroom with a walk-in closet, a full bathroom, and a dedicated laundry area. From the lower level, enjoy direct access to the enclosed backyard, as well as a side entrance leading to the long driveway and detached two-car garage.
Recent improvements include hardwood flooring on the main level (2022), vinyl flooring on the lower level (2022), a finished detached garage (2022), fitted blinds, and a stone foundation enhancement with upgraded front stairs. The home is equipped with both air conditioning and heating for year-round comfort.
Conveniently located with easy access to major roads, restaurants, and shopping centers, this property offers a combination of comfort, updates, and accessibility in an established neighborhood. A must-see opportunity in Frederick.
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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%.
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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 |
|---|---|---|---|
| Mar 6, 2026 | Sold | ||
| Sold | |||
| Feb 15, 2026 | In contract | - | |
| In contract | |||
| Feb 12, 2026 | Price Increased |
$490,000
↑ $10K
(2.1%) | |
| Price Increased | |||
| Jan 19, 2026 | Listed by Long & Foster Real Estate, Inc. | $479,999 | |
| Listed by Long & Foster Real Estate, Inc. | |||
| Mar 23, 2019 | No longer available | - | |
| No longer available | |||
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About Stonegate
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017