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About This Property
distance to Baker Park.
Featuring 3 bedrooms and 1.5 baths, the home offers a functional layout with a main-level bedroom (seller will install a door if desired) and two upper bedrooms, each with built-in cedar chests adding charm and character. Unfinished bonus room off of the bedroom can be used for an office, playroom, use your imagination. Step out of the second bedroom onto a spacious sun deck.
The partially finished lower level offers endless possibilities, including potential for an in-law suite, basement apartment, or additional living, storage, or workspace options. The lower level expands your possibilities even further, with a pre-configured full bath space-ready for a toilet, sink, and lighting-making it an ideal, fully finished living area with exterior access.
Car enthusiasts, hobbyists, or small business owners will appreciate the attached 2-car garage plus an oversized 24' x 24' detached 2-car garage, along with a 12' x 17' block shed/workshop-a truly rare and valuable feature set.
Situated on a flat .34-acre lot, the outdoor space is ideal for entertaining, gardening, or simply enjoying the setting. A three-sided manual retractable awning enhances outdoor comfort, allowing you to watch the 4th of July fireworks from your backyard.
Enjoy the quick access to Route 40, Route 15 and Interstate 70 commuter routes.
Major updates include:
Roof (plywood decking & CertainTeed Pro shingles) – 2024;
Electric water heater – 2020;
Refrigerator – 2022;
Dishwasher – 2022;
A/C – 2010;
Furnace – 2004;
Electric panel – 2006;
Double oven & range top – 2006;
Smoke detectors – 2026;
This home is being sold as-is, offering a fantastic opportunity to renovate and personalize to your liking while building equity in a desirable location.
Don't miss your chance to own a versatile property with unmatched garage space, a generous lot, and walkability to some of Frederick's most loved amenities.
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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 |
|---|---|---|---|
| May 29, 2026 | Sold | ||
| Sold | |||
| Apr 23, 2026 | In contract | - | |
| In contract | |||
| Apr 16, 2026 | Listed by L. P. Calomeris Realty | $465,000 | |
| Listed by L. P. Calomeris Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017