$255,000
●
Condo -
Off Market
2511 SHELLEY CIR #63A
FREDERICK, MD 21702
2 Beds
2 Baths
1,370 Ft²
$263,260
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model
About This Property
Distinctive Ridgeview condominium offers a secure, non-smoking
elevator building, over 1,388 finished sqft, 2 bedrooms, 2 full
baths, on a premium penthouse level with a private balcony. Natural
light shines in throughout this home displaying an open concept
layout with vaulted ceilings, heightened windows, a sizeable living
room, a dining room with access to the balcony, and a bright and
cheery kitchen. Cooking enthusiasts will love the kitchen equipped
with streamlined surfaces, 42" cherry cabinetry, beveled Corian
counters, a double white sink, crisp white appliances, a pantry, a
full size washer and dryer, and an adjacent sunroom. Owner's suite
presents a vaulted ceiling with a lighted ceiling fan, a walk-in
closet, a private bath, and a wonderful large double window.
Community amenities include an outdoor pool, a private lake, paths,
a picnic area, easy access commuter routes, and close proximity to
downtown Frederick and Fort Detrick.
Unit Size
1,370 Ft²
Days on Market
-
Land Size
-
Price per sqft
$164
Property Type
Condo
Property Taxes
$262
HOA Dues
$608
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: 4 years ago (Bright MLS #MDFR284126)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 23, 2021 | Sold | ||
| Sold | |||
| Jun 10, 2021 | Listed by Keller Williams Lucido Agency | $225,000 | |
| Listed by Keller Williams Lucido Agency | |||
Property Highlights
Air Conditioning
Elevator
Parking Details
Parking Features: Parking Lot
Interior Details
Bedrooms on Main Level: 2
Interior Features: Elevator, Intercom, Ceiling Fan(s), Carpet
Appliances: Built-In Microwave, Dryer, Washer, Dishwasher, Disposal, Refrigerator, Exhaust Fan
Living Area Square Feet Source: Estimated
Wall & Ceiling Types
Laundry Type: Washer In Unit, Dryer In Unit, Has Laundry
Exterior Details
Ownership Interest: Condominium
Year Built Source: Assessor
Other Structures: Above Grade, Below Grade
Structure Type: Unit/Flat/Apartment
Construction Materials: Brick, Vinyl Siding
Unit Building Type: Garden 1 - 4 Floors
Outdoor Living Structures: Balcony
Community Pool
Tidal Water: N
Land Assessed Value: $175,667
Finished Square Feet: 1370
Finished Square Feet Source: 1370
Financial Details
County Tax: $1,807
County Tax Payment Frequency: Annually
City Town Tax: $1,251
City Town Tax Payment Frequency: Annually
Tax Assessed Value: $175,667
Tax Year: 2020
Tax Annual Amount: $3,147
Year Assessed: 2021
Utilities Details
Central Air
Cooling Type: Central A/C
Heating Type: Forced Air
Cooling Fuel: Electric
Heating Fuel: Natural Gas
Hot Water: Electric
Sewer Septic: Public Sewer
Water Source: Public
Location Details
HOA/Condo/Coop Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Snow Removal, Trash
HOA/Condo/Coop Amenities: Jog/Walk Path, Tennis Courts, Tot Lots/Playground, Elevator, Pool - Outdoor
HOA Fee: $338
HOA Fee Frequency: Annually
Condo/Coop Fee: $270
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 |
|---|---|---|---|---|---|---|---|
|
06/15/2023
|
2 Bed
|
2 Bath
|
1370 ft²
|
$300,000
2 Bed
2 Bath
1370 ft²
|
$300,000
07/27/2023
|
Richard Phillips
Northrop Realty
| |
|
06/15/2023
| |
2 Bed
|
2 Bath
|
-
|
$300,000
2 Bed
2 Bath
|
-
-
|
Rich Phillips
Northrop - Frederick Metro
|
|
06/10/2021
|
2 Bed
|
2 Bath
|
1370 ft²
|
$225,000
2 Bed
2 Bath
1370 ft²
|
$255,000
+13.33%
06/23/2021
|
Robert Lucido
Keller Williams Lucido Agency
| |
|
10/15/2020
|
2 Bed
|
2 Bath
|
1388 ft²
|
$210,000
2 Bed
2 Bath
1388 ft²
|
-
-
|
-
| |
|
09/01/2020
| |
2 Bed
|
2 Bath
|
-
|
$199,950
2 Bed
2 Bath
|
-
-
|
-
|
|
06/06/2019
|
2 Bed
|
2 Bath
|
1360 ft²
|
$182,500
2 Bed
2 Bath
1360 ft²
|
$182,500
07/31/2019
|
Laurie Roberts
Keller Williams Realty Centre
| |
|
10/06/2018
| |
2 Bed
|
2 Bath
|
-
|
$195,000
2 Bed
2 Bath
|
-
-
|
-
|
|
07/01/2016
|
2 Bed
|
2 Bath
|
1370 ft²
|
$169,900
2 Bed
2 Bath
1370 ft²
|
$169,000
-0.53%
02/16/2017
|
Kris Alcorn
RE/MAX Results
| |
|
03/31/2016
|
2 Bed
|
2 Bath
|
1388 ft²
|
$169,900
2 Bed
2 Bath
1388 ft²
|
$172,000
+1.24%
07/12/2016
|
Mary T Raumann
RE/MAX Realty Group
|
Building Info
About Whittier
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Listed by: Robert Lucido
Keller Williams Lucido Agency
Last Updated: 10 hours ago
Data Source: Bright MLS , MLS# MDFR284126
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.
Keller Williams Lucido Agency
Last Updated: 10 hours ago
Data Source: Bright MLS , MLS# MDFR284126
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