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3510 FREDERICK PLACE
About This Property
The home's architectural character is immediately apparent in its dramatic vaulted ceilings, expansive windows, and bright, open living spaces, all hallmarks of its period. Refinished hardwood floors, updated bathrooms, modern lighting, and a comfortable, easy-flowing layout give the home a fresh, move-in-ready feel while preserving the qualities that make its mid-century design so appealing. A wood-burning fireplace anchors the main living area and adds warmth and character.
A main-level bedroom and full bath offer valuable flexibility for guests, multigenerational living, or a private home office. Upstairs, a spacious bedroom with an ensuite bath creates a comfortable private retreat. The fully finished lower level adds even more usable space for recreation, media, fitness, work-from-home, or everyday living.
Outside, the property offers a driveway for off-street parking, a patio for relaxing or entertaining, and a peaceful residential setting that feels tucked away while remaining close to Kensington's shops, dining, parks, MARC station, and commuter routes.
With its documented mid-century roots, distinctive architecture, thoughtful updates, versatile living spaces, and location in the incorporated Town of Kensington, this home offers a rare combination of character, history, and everyday livability.
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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%.
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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.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 28, 2026 | In contract | - | |
| In contract | |||
| Sep 17, 2026 | Listed by Branches Realty | $1,028,000 | |
| Listed by Branches Realty | |||
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About Kensington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017