$262,500
●
Condo -
Off Market
2502 SHELLEY CIR #1C
FREDERICK, MD 21702
2 Beds
2 Baths
1,300 Ft²
$2,211
Est. Monthly
$909
HOA / Fees
5.50%
Cap Rate
About This Property
Welcome home to this charming entry level condo in the Ridgeview
Condominium Community of Whittier! This home features two bedrooms
and two full bathrooms, open floor plan including kitchen, dining
room, living room, and a bonus sun room that walks out to the
private patio at the back of the building with added privacy from
the near by retaining wall. This prime location puts you in close
proximity to schools, shopping, downtown Frederick, restaurants,
entertainment, and major commuter routes. What more could you ask
for? The only thing missing is you! Schedule your private tour
today before it's too late! Seller is offering a $2400 credit to
buyer!!
Unit Size
1,300 Ft²
Days on Market
16 days
Land Size
-
Price per sqft
$204
Property Type
Condo
Property Taxes
$347
HOA Dues
$909
Year Built
-
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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: 2 years ago (Bright MLS #MDFR2051792)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 3, 2025 | Sold | ||
| Sold | |||
| Dec 19, 2024 | In contract | - | |
| In contract | |||
| Nov 7, 2024 | Price Decreased |
$264,900
↓ $1K
(0.4%) | |
| Price Decreased | |||
| Oct 18, 2024 | Price Decreased |
$265,900
↓ $3K
(1.1%) | |
| Price Decreased | |||
| Oct 9, 2024 | Price Decreased |
$268,900
↓ $6K
(2%) | |
| Price Decreased | |||
Show More
Property Highlights
Elevator
Air Conditioning
Parking Details
Parking Features: Parking Lot
Interior Details
Bedrooms on Main Level: 2
Interior Features: Family Room Off Kitchen, Floor Plan - Open
Living Area Square Feet Source: Estimated
Laundry Type: Main Floor
Exterior Details
Property Manager Present
Ownership Interest: Condominium
Year Built Source: Estimated
Foundation Details: Slab
Other Structures: Above Grade
Structure Type: Unit/Flat/Apartment
Construction Materials: Combination, Brick, Brick Front
Unit Building Type: Garden 1 - 4 Floors
Building Name: RIDGEVIEW
Outdoor Living Structures: Patio(s)
No Pool
Tidal Water: N
Land Assessed Value: $222,667
Finished Square Feet: 1300
Finished Square Feet Source: Estimated
Financial Details
County Tax: $2,244
County Tax Payment Frequency: Annually
City Town Tax: $1,627
City Town Tax Payment Frequency: Annually
Tax Assessed Value: $222,667
Tax Year: 2024
Tax Annual Amount: $4,169
Year Assessed: 2024
Utilities Details
Central Air
Cooling Type: Central A/C
Heating Type: Forced Air
Cooling Fuel: Other
Heating Fuel: Central, Natural Gas
Hot Water: Natural Gas
Sewer Septic: Public Sewer
Water Source: Public
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Sewer, Snow Removal, Water
HOA/Condo/Coop Amenities: Other
HOA Fee: $409
HOA Fee Frequency: Annually
Condo/Coop Fee: $500
Washer/Dryer/Hook Up in Unit: Yes
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/03/2025
|
2 Bed
|
2 Bath
|
1300 ft²
|
$285,000
2 Bed
2 Bath
1300 ft²
|
$276,000
-3.16%
12/17/2025
|
Elizabeth Carswell
Frederick Land & Home, LLC.
| |
|
09/27/2024
|
2 Bed
|
2 Bath
|
1300 ft²
|
$274,500
2 Bed
2 Bath
1300 ft²
|
$262,500
-4.37%
01/03/2025
|
Steven Petruzzello
Ascent Real Estate LLC
| |
|
07/11/2024
|
2 Bed
|
2 Bath
|
1366 ft²
|
$290,000
2 Bed
2 Bath
1366 ft²
|
$274,500
-5.34%
10/09/2024
|
Michelle R Kemerer
Compass RE
| |
|
02/26/2024
|
2 Bed
|
2 Bath
|
1390 ft²
|
$295,000
2 Bed
2 Bath
1390 ft²
|
$295,000
04/05/2024
|
Robert Marsh
Marsh Realty
| |
|
11/29/2023
|
2 Bed
|
2 Bath
|
1398 ft²
|
$285,000
2 Bed
2 Bath
1398 ft²
|
$301,000
+5.61%
12/21/2023
|
Roben Ryberg
RE/MAX Results
| |
|
03/24/2021
|
2 Bed
|
2 Bath
|
-
|
$213,900
2 Bed
2 Bath
|
$220,000
+2.85%
05/06/2021
|
Jacqueline Clayton
Coldwell Banker Realty
|
Building Info
2502 Shelley Circle
2502 Shelley Circle, Frederick, MD 21702
- 1 Unit for Sale
About Whittier
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Listed by: Steven Petruzzello
Coldwell Banker Realty
Last Updated: 6 hours ago
Data Source: Bright MLS , MLS# MDFR2051792
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.
Coldwell Banker Realty
Last Updated: 6 hours ago
Data Source: Bright MLS , MLS# MDFR2051792
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