$295,000
●
Condo -
Off Market
2502 SHELLEY CIR #23D
FREDERICK, MD 21702
2 Beds
2 Baths
1,390 Ft²
$2,358
Est. Monthly
$909
HOA / Fees
3.83%
Cap Rate
About This Property
Enjoy the convenience of condominium living in the amenity filled
community of Whittier. This 3rd floor condo has dramatic
ceilings and an open space floorplan. Best of all, it is
located in one of the few elevator buildings, so no steps required
and this is a secure building. The present owner installed solid
hardwood flooring in the entry foyer, living and dining rooms just
a few years ago. There are 3 ceiling fans with a washer & dryer in
the condo. The kitchen has stainless steel appliances and opens to
the living area. Natural gas heat, natural gas water heater and
electric central air condition. All curtains remain with the condo.
Enjoy relaxing on your private balcony. Whittier has an
exceptional location not far from Historic Downtown Frederick and
has easy highway access. The community offers 3 parks, 3 swimming
pools, tennis courts, ballfields, playground equipment, sidewalks,
walking trails and so much more.
Unit Size
1,390 Ft²
Days on Market
-
Land Size
-
Price per sqft
$212
Property Type
Condo
Property Taxes
$307
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: 3 years ago (Bright MLS #MDFR2045076)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 5, 2024 | Sold | ||
| Sold | |||
| Mar 11, 2024 | In contract | - | |
| In contract | |||
| Feb 26, 2024 | Listed by Marsh Realty | $295,000 | |
| Listed by Marsh Realty | |||
Property Highlights
Elevator
Air Conditioning
With View
Parking Details
Parking Features: Parking Lot
Total Garage and Parking Spaces: 2
Interior Details
Bedrooms on Main Level: 2
Appliances: Dishwasher, Dryer - Electric, Microwave, Oven - Self Cleaning, Refrigerator, Washer
Flooring Type: Carpet, Solid Hardwood, Vinyl
Living Area Square Feet Source: Estimated
Wall & Ceiling Types
Laundry Type: Dryer In Unit, Washer In Unit
Exterior Details
Ownership Interest: Fee Simple
Property Condition: Very Good
Year Built Source: Assessor
Other Structures: Above Grade, Below Grade
Structure Type: Unit/Flat/Apartment
Window Features: Double Pane
Construction Materials: Brick
Unit Building Type: Garden 1 - 4 Floors
Building Name: RIDGEVIEW
Outdoor Living Structures: Balcony
Community Pool
Tidal Water: N
Land Assessed Value: $205,000
Finished Square Feet: 1390
Finished Square Feet Source: Estimated
Financial Details
County Tax: $2,188
County Tax Payment Frequency: Annually
City Town Tax: $1,497
City Town Tax Payment Frequency: Annually
Tax Assessed Value: $205,000
Tax Year: 2023
Tax Annual Amount: $3,685
Year Assessed: 2023
Utilities Details
Central Air
Cooling Type: Central A/C
Heating Type: Forced Air
Cooling Fuel: Electric
Heating Fuel: Natural Gas
Hot Water: Natural Gas
Sewer Septic: Public Sewer
Water Source: Public
Location Details
HOA/Condo/Coop Fee Includes: Lawn Maintenance, Management, Pool(s), Reserve Funds, Trash, Ext Bldg Maint, Snow Removal
HOA/Condo/Coop Amenities: Basketball Courts, Elevator, Lake, Pool - Outdoor, Soccer Field, Tot Lots/Playground, Jog/Walk Path, Tennis Courts
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: Suzanne Marsh
Marsh Realty
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# MDFR2045076
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.
Marsh Realty
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# MDFR2045076
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