$229,900
●
House -
Off Market
306 3RD STREET E
FREDERICK, MD 21701
2 Beds
1 Bath,
1
Half Bath
$403,002
RealtyHop Estimate
79.11%
Since Jun 1, 2015
National-US
Primary Model
About This Property
Beautiful duplex in downtown Frederick! Charmingly updated, off
street parking for 2 cars, refinished wood floors, lots of closets,
updated w/ stainless steel modern kitchen and huge luxury bath!
Just steps to restaurants, MARC train, museums, the Carroll
Creek Linear Park and a local park! Outdoor living includes a front
porch, rear patio and balcony. Finish sky-lit walk-up attic for
extra space
Unit Size
-
Days on Market
-
Land Size
0.08 acres
Price per sqft
-
Property Type
House
Property Taxes
$220
HOA Dues
-
Year Built
-
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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: 20 days ago (Bright MLS #1003681641)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 16, 2022 | Sold | ||
| Sold | |||
| Jul 29, 2022 | Listed by Long & Foster Real Estate, Inc. | $399,990 | |
| Listed by Long & Foster Real Estate, Inc. | |||
| | |||
|
Two units that can be converted back to one pretty easily or fabulous opportunity to live in one section of the unit and rent out the other which is currently leased for $1400 per month through November. Are you an investor? Then rent out both the front and the back units for approximately $3200 in income each month ($38,400 per year). The front unit is a 2 bedroom, 2 bath unit that was recently remodeled. The back unit has one bedroom and one bathroom. The yard is flat and there is off-street parking for four vehicles.... hard to find in downtown Frederick! Backs to the Railroad Museum. Enjoy all the downtown amenities and festivities within walking distance, not to mention all the shopping and restaurants! No VA loans permitted due to separate metering. FHA ok if you live in one unit. See it soon so you don't miss out on this rare opportunity.
| |||
| Jun 10, 2022 | Sold | ||
| Sold | |||
| May 17, 2022 | No longer available | - | |
| No longer available | |||
| May 11, 2022 | Listed by RE/MAX Results | $300,000 | |
| Listed by RE/MAX Results | |||
| | |||
|
Classic Downtown Frederick home that's been updated with modern amenities while preserving the historic charm. Enjoy morning coffee or an evening glass of wine on your front porch. Step inside and find original hardwood flooring, exposed brick, curved archways, and updated lighting. Powder bathroom on the main level, updated and modernized kitchen with space for a table. Walk out to your fully fenced backyard and off-street parking for 2. Upstairs you will find a primary bedroom, fully renovated bathroom, laundry, storage, and a 2nd pass-through bedroom that opens to a sleeping porch. The attic was recently finished to provide additional living space that is perfect for working from home, additional family room, working out, or a guest bedroom. You won't want to miss this one. Walking distance to Downtown Frederick shopping and restaurants.
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Property Highlights
Parking Available
Air Conditioning
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About Frederick
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Listed by: Albert Atlee Radcliffe III
Radcliffe Realty Group, LLC
Last Updated: 10 hours ago
Data Source: Bright MLS , MLS# 1003681641
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.
Radcliffe Realty Group, LLC
Last Updated: 10 hours ago
Data Source: Bright MLS , MLS# 1003681641
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017