205 W 7TH STREET
About This Property
Welcome to this rarely available bungalow gem located in the heart of Downtown Frederick! Perfectly situated within walking or biking distance to all the city's best attractions-Baker Park, Carroll Creek, top-rated restaurants, local shops, breweries, distilleries, live music venues, The Weinberg Center, and so much more-this home offers the ultimate in convenience and lifestyle.
Thoughtfully updated and full of character, this single-family home blends classic charm with modern upgrades. Step inside and be inspired by the artistic flow and open layout. The spacious owner's suite features a walk-in closet, while the second bedroom serves beautifully as a home office. Refinished hardwood floors flow throughout the main level, leading you to a stunningly renovated kitchen with white shaker cabinetry, quartz countertops, subway tile backsplash, high-end stainless steel appliances, and a sleek range hood.
The bathroom has been fully reimagined with ceramic tile, designer fixtures, and a clean, modern aesthetic. The finished basement includes a large recreation room and a bonus guest area (non-legal bedroom)-perfect for entertaining or hosting visitors.
Enjoy your morning coffee or evening wine on the charming front and rear covered porches or rear deck. The private backyard is a true oasis, complete with gorgeous hardscaping, a firepit area, multiple seating zones, and lush landscaping-an ideal setting for relaxing or entertaining.
Bonus features include off-street parking for up to two cars behind the home accessible from Trail Avenue-a rare luxury in this area!
This is not just a home-it's a lifestyle. Don't miss your chance to own a slice of Downtown Frederick charm. Schedule your tour today-your dream home awaits!
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017