$480,000
●
House -
Off Market
2465 BEAR DEN RD
FREDERICK, MD 21701
3 Beds
2 Baths
1,515 Ft²
$2,658
Est. Monthly
$301
HOA / Fees
5.75%
Cap Rate
About This Property
Enjoy all the amenities of Worman's Mill from this fully renovated
cape cod located on the brick-paved Covington cul-de-sac.
This three-bedroom, two-bath home has been re-done top to
bottom. The extensive list includes all new kitchen cabinets,
new windows, a new furnace, granite, all new stainless steel
appliances, new plank flooring in the kitchen, plantation shutters,
aluminum-wrapped exterior trim, a newer roof, and much more. The
bright and open kitchen includes a cozy breakfast nook, access to
the relaxing screened-in porch, and a sunny deck. Newly refinished
floors and painting make the family room and dining room sparkle.
The crown molding, chair rail, and wainscoting add the finishing
touches. The unfinished lower level is ready for your design
or ample storage. All the Wormans Mill amenities, including
restaurants and shopping, are within walking distance.
Unit Size
1,515 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$317
Property Type
House
Property Taxes
$425
HOA Dues
$301
Year Built
1989
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (Bright MLS #MDFR2043894)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 26, 2024 | Sold | ||
| Sold | |||
| Feb 20, 2024 | In contract | - | |
| In contract | |||
| Feb 16, 2024 | Relisted | $475,000 | |
| Relisted | |||
| Feb 16, 2024 | Price Increased |
$480,000
↑ $5K
(1.1%) | |
| Price Increased | |||
| Jan 30, 2024 | In contract | - | |
| In contract | |||
Show More
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Wormans Mill
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Listed by: Douglas Chapin
Chapin & Associates
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# MDFR2043894
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
Chapin & Associates
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# MDFR2043894
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