430 CONSTELLATION LN
About This Property
Lush landscaping and a charming front porch invite you into the open-concept main level, featuring modern finishes, a neutral design palette, and luxurious upgrades. Highlights include recessed lighting and luxury vinyl tile flooring throughout the foyer, a combined dining and living area with exterior access, and a gourmet kitchen. The main level also offers a full bathroom and a convenient bedroom, perfect for guests or flexible living. The eat-in kitchen is designed for both style and function, featuring upgraded countertops, stainless steel appliances, a built-in microwave, a gas cooktop, a pantry, ample cabinetry, an eye-catching herringbone-patterned backsplash, and convenient access to the garage. The spacious island breakfast bar, with seating for four, overlooks the living room, creating an ideal setup for entertaining.
Upstairs, you'll find three generously sized bedrooms, each with plush carpeting, en suite bathrooms, and walk-in closets. The expansive primary suite offers two walk-in closets and a spa-like bathroom featuring dual sinks, a doorless shower, and a separate water closet. For added convenience, a well-appointed laundry room completes the upper level. The lower level features a spacious, plush carpeted recreation room with an electric fireplace, perfect for relaxing or entertaining. This level also includes a full bathroom, a fifth bedroom, and a utility room offering ample storage space.
Community amenities include a play area, lush green spaces, pavilions, a community pool, a dog park, and scenic nature trails that lead to Carroll Creek. Just steps from award-winning downtown Frederick, you'll find a vibrant blend of rich history, local eateries, and boutique shops. Enjoy stunning Appalachian Mountain views, the nearby Monocacy River, and Carroll Creek, as well as easy access to Washington, D.C., Annapolis, and Baltimore.
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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 |
|---|---|---|---|
| Dec 20, 2024 | Sold | ||
| Sold | |||
| Nov 27, 2024 | In contract | - | |
| In contract | |||
| Oct 28, 2024 | Price Decreased |
$640,000
↓ $20K
(3%) | |
| Price Decreased | |||
| Oct 11, 2024 | Price Decreased |
$660,000
↓ $15K
(2.2%) | |
| Price Decreased | |||
| Sep 26, 2024 | Listed by Keller Williams Lucido Agency | $675,000 | |
| Listed by Keller Williams Lucido Agency | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017