$885,000
●
House -
Off Market
406 CARROLL PARKWAY
FREDERICK, MD 21701
4 Beds
2 Baths,
1
Half Bath
2,910 Ft²
$5,488
Est. Monthly
About This Property
This charming Cape Cod home in the desirable Baker Park
neighborhood offers a perfect blend of classic elegance and modern
comfort. With 2,102 sq. ft. of well-designed space, the interior
features traditional wood floors and a cozy fireplace, creating a
warm atmosphere for gatherings. The entry-level bedroom or office
and partially finished basement provide flexibility for your
lifestyle needs. Step outside to enjoy extensive hardscaping and
sidewalks, perfect for leisurely strolls. The detached garage with
a brick driveway adds convenience and ample storage. Nestled in a
vibrant community, residents benefit from nearby parks, excellent
schools, and easy walk to downtown Frederick. Enjoy the serene
views of Carroll Creek. This home is not just a place to live; it's
a lifestyle choice in a welcoming neighborhood that fosters
connection and comfort. Embrace the opportunity to make this
delightful property your own!
Unit Size
2,910 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$321
Property Type
House
Property Taxes
$896
HOA Dues
-
Year Built
1940
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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: 7 months ago (Bright MLS #MDFR2073214)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 23, 2026 | Sold | ||
| Sold | |||
| Nov 22, 2025 | Listed by Long & Foster Real Estate, Inc. | $935,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
| Apr 12, 2020 | No longer available | - | |
| No longer available | |||
| Nov 27, 2019 | Sold | ||
| Sold | |||
| Oct 8, 2019 | Listed by Long & Foster Real Estate, Inc. | $599,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
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Property Highlights
Air Conditioning
With View
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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
About Frederick
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Listed by: Douglas E. Gardiner
Long & Foster Real Estate, Inc.
Last Updated: 2 hours ago
Data Source: Bright MLS , MLS# MDFR2073214
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.
Long & Foster Real Estate, Inc.
Last Updated: 2 hours ago
Data Source: Bright MLS , MLS# MDFR2073214
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