24
Map
230 E 5TH STREET
About This Property
The outdoor space is a private retreat! Enjoy your morning coffee or summer grill-outs on the spacious covered deck, which overlooks a fenced-in backyard shaded by mature trees. Beyond the privacy fence, the property continues with additional yard space-perfect for gardening or play-and a large shed for all your storage needs.
On the upper level, you'll find two spacious bedrooms--each upgraded with a ceiling fan-- and an updated full bathroom featuring a large linen closet. The primary bedroom features dual closets and access to the private balcony. The lower level provides plenty of space for storage and has washer and dryer hook-ups.
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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 |
|---|---|---|---|
| Oct 1, 2026 | Sold | ||
| Sold | |||
| Sep 1, 2026 | In contract | - | |
| In contract | |||
| Aug 17, 2026 | Listed by LPT Realty, LLC | $365,000 | |
| Listed by LPT Realty, LLC | |||
| |||
|
Beautifully updated! This lovely historic duplex in downtown Frederick is full of charm and character! Close
to all that downtown Frederick has to offer, this home is situated in a great commuter location. Walk to all
the fantastic amenities in Frederick--Carroll Creek, Baker Park, the library, restaurants, shops & festivals.
Step inside this freshly painted home to the charming family room featuring luxury vinyl plank flooring. The
gourmet eat-in kitchen features updated stainless steel appliances, granite countertops, and upgraded 42-
inch cabinets. A convenient powder room completes the main floor. The outdoor space is a private retreat!
Enjoy your morning coffee or summer grill-outs on the spacious covered deck, which overlooks a fenced-in
backyard shaded by mature trees. Beyond the privacy fence, the property continues with additional yard
space—perfect for gardening or play—and a large shed for all your storage needs. On the upper level, you’ll
find two spacious bedrooms--each upgraded with a ceiling fan-- and an updated full bathroom featuring a
large linen closet. The primary bedroom features dual closets and access to the private balcony. The lower
level provides plenty of space for storage and has washer and dryer hook-ups.
| |||
| Jun 1, 2026 | Price Decreased |
$365,000
↓ $10K
(2.7%) | |
| Price Decreased | |||
| May 11, 2026 | Relisted | $375,000 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017