2402 ELLSWORTH WAY #2A
About This Property
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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 |
|---|---|---|---|
| Aug 31, 2026 | Price Decreased |
$269,900
↓ $5K
(1.8%) | |
| Price Decreased | |||
| Jul 25, 2026 | Listed by Purpose One Realty | $274,900 | |
| Listed by Purpose One Realty | |||
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|
This charming 2-bedroom, 2-bathroom garden apartment in the desirable Laketree community offers a perfect blend of comfort and convenience. This contemporary unit features an open floor plan that seamlessly connects the kitchen, dining, and living areas, creating an inviting space for relaxation and entertaining. The galley kitchen is equipped with stainless steel appliances, including a built-in microwave and dishwasher, making meal prep a breeze. Enjoy the luxury of a walk-in closet in the primary suite and a bathroom with a tub shower for your comfort. Step outside to your private balcony or deck, perfect for morning coffee or evening relaxation. The community amenities are truly exceptional, featuring a clubhouse, outdoor pool, basketball courts, and playgrounds, ensuring there's something for everyone to enjoy. With lawn maintenance, snow removal, and trash services included in the association fee, you can spend more time enjoying the beautiful surroundings. Located in a vibrant neighborhood, you'll appreciate the proximity to local parks, recreational facilities, and nearby schools. The community fosters a friendly atmosphere, making it easy to connect with neighbors and enjoy outdoor activities. With dedicated parking and easy access to public transportation, this home is not just a place to live, but a place to thrive. Experience the warmth and comfort of Laketree living today!
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| Jul 25, 2025 | Listed | $279,000 | |
| Listed | |||
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Move-In Ready Condo in Prime Frederick Location!
This bright and spacious condo features an open-concept layout filled with natural light. The kitchen includes stainless steel appliances and plenty of cabinet space—perfect for everyday cooking and entertaining. A generously sized primary bedroom offers a private en-suite bathroom. Enjoy access to a private balcony from the living area—ideal for morning coffee or relaxing evenings. A second full bathroom and in-unit washer and dryer add to the convenience. With fresh, neutral tones throughout, this home is ready for your personal touch. Conveniently located near shops, dining, and commuter routes—don’t miss this opportunity!
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| Mar 22, 2021 | Sold | ||
| Sold | |||
| Oct 19, 2020 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/22/2024
|
2 Bed
|
2 Bath
|
-
|
$289,900
2 Bed
2 Bath
|
$270,000
-6.86%
11/25/2024
|
Gabriel Aranguren
Samson Properties
| |
|
04/07/2021
|
2 Bed
|
2 Bath
|
-
|
$190,000
2 Bed
2 Bath
|
-
-
|
-
| |
|
03/31/2021
|
2 Bed
|
2 Bath
|
-
|
$192,000
2 Bed
2 Bath
|
$197,000
+2.60%
06/30/2021
|
David Adams
| |
|
08/22/2020
|
2 Bed
|
2 Bath
|
-
|
$172,000
2 Bed
2 Bath
|
$69,100
-59.83%
10/19/2020
|
matthew K keller
Blue Star Real Estate, LLC
| |
|
03/05/2020
| |
2 Bed
|
2 Bath
|
-
|
$184,900
2 Bed
2 Bath
|
-
-
|
-
|
|
03/19/2017
|
2 Bed
|
2 Bath
|
1164 ft²
|
$162,900
2 Bed
2 Bath
1164 ft²
|
$162,900
05/03/2017
|
Douglas L Karn
Century 21 Market Professionals
| |
|
01/02/2014
|
2 Bed
|
1 Bath
|
1145 ft²
|
$155,000
2 Bed
1 Bath
1145 ft²
|
$150,000
-3.23%
02/07/2014
|
Joseph E. Buffington II
RE/MAX Realty Centre, Inc.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017