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302 MANOR COURT
About This Property
Welcome to 302 Manor Ct, a well-maintained and thoughtfully updated ranch-style home located on a quiet cul-de-sac in the desirable Carrollton community within Frederick city limits.
This inviting one-level home offers a functional and comfortable layout with an estimated 1,316 total finished square feet, making it an excellent option for anyone seeking the convenience of single-level living.
Inside, you'll find a bright and spacious living area with wood flooring and natural light that flows seamlessly into the dining space. The dining area is open to the kitchen and includes a dining set that conveys with the sale, offering immediate functionality for the next owner.
The kitchen provides ample cabinetry, eat-in space, and a practical layout that connects directly to the dining area. This space also incorporates a dedicated laundry area with a full-size washer and dryer (approximately 1 year old), conveniently located within the kitchen for easy everyday use. A separate pantry room offers additional storage, enhancing the overall functionality of the home.
Just off the main living space, the former garage has been converted into a versatile family room-perfect for a second living area, home office, or flex space. A storage room behind this area provides added convenience and includes direct access to the backyard.
The home features three comfortable bedrooms with carpeting and natural light, along with a full bathroom finished with ceramic tile.
Key system updates include roof replacement in 2025, windows replaced in 2017 and an HVAC system replaced in 2017, offering added efficiency and peace of mind.
Outside, enjoy a level yard with space to relax, garden, or entertainment, all situated on a quiet cul-de-sac street with easy access to downtown Frederick, major commuter routes, shopping, dining, and local parks.
This home presents a great opportunity to own a well-cared-for property in an established neighborhood, with flexibility to personalize over time.
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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%.
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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017