401 LINDEN AVENUE
About This Property
Every structural component is new: roof trusses, floor truss system, beams, and all supporting members have been replaced and professionally engineered to modern standards. Inside, the transformation continues with all‑new floors, new walls, new plumbing, new HVAC and ductwork, and a complete electrical overhaul, creating a home that lives like brand‑new construction.
Yet through this comprehensive rebuild, the home's historic character has been thoughtfully preserved, resulting in a one‑of‑a‑kind property that blends heritage with modern performance. With its scale, craftsmanship, and extensive structural upgrades, this residence stands as one of the best values in Frederick-a historic treasure rebuilt for the next century.
Listed By
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 14, 2026 | Price Decreased |
$649,000
↓ $50K
(7.2%) | |
| Price Decreased | |||
| Aug 22, 2026 | Listed by Long & Foster Real Estate, Inc. | $699,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
| Jan 27, 2024 | No longer available | - | |
| No longer available | |||
| Jul 25, 2023 | Listed by NextHome, Inc | $699,000 | |
| Listed by NextHome, Inc | |||
| | |||
|
Historical Home in Frederick being renovated. Delivery November/December 2023.
Seth The manager has listed the unit size as 3000 square feet.
| |||
| Oct 4, 2021 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017