43
Map
218 5TH STREET W
About This Property
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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.
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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 |
|---|---|---|---|
| Oct 27, 2023 | Sold | ||
| Sold | |||
| Oct 8, 2023 | In contract | - | |
| In contract | |||
| Sep 27, 2023 | Price Decreased |
$398,000
↓ $12K
(2.9%) | |
| Price Decreased | |||
| Sep 21, 2023 | Price Decreased |
$410,000
↓ $15K
(3.5%) | |
| Price Decreased | |||
| Aug 30, 2023 | Listed by Keller Williams Realty Centre | $424,900 | |
| Listed by Keller Williams Realty Centre | |||
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Under 400k is now incredible value! Run to this improved option in downtown Frederick!! Beautifully updated single family home in the heart of downtown Frederick has been lovingly restored and brought up to today's highest standards. The location here is incredible with ease of access to Market Street, Baker Park and Hood College. As you approach, you immediately notice the welcoming front porch and timeless appeal of a historic Sears style home. Enter to gorgeous hardwood floors and clean lines. The front room is a cozy family room which flows nicely into a dining area. The kitchen has been improved with new cabinets, butcher block countertops and new stainless appliances. The kitchen flows seamlessly to a rear mudroom with access to the yard. The rear yard has a wooden privacy fence and patio perfect for entertaining. The yard is wider and deeper than most you will find in downtown Frederick. Upstairs features three bedrooms and a shared full bath. Walk thru the rear bedroom to the bathroom. The front bedroom functions as the primary bedroom and there is new Mannington wide-plank flooring on the upper level. Fresh paint throughout, new closet doors, updated light fixtures and thoughtful details throughout. Street parking is readily available in this section of town, just outside of the Historic District! Central air and gas furnace. Roof, HVAC and water heater from 2014. Ease of access to downtown favorites such as Showroom, Olde Mother, Attaboy Beer, Gravel and Grind and Common Market. This is an exceptional location and great value for downtown Frederick. Welcome home!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017