4316 ZIRCON ROAD
About This Property
The kitchen features stainless steel appliances and a window overlooking the spacious fenced backyard. Just off the kitchen, the glass-enclosed porch is perfect for morning coffee, dinner on a summer evening or simply relaxing and enjoying the view. In the family room, a fireplace brings warmth and character and makes it an inviting place to gather.
Upstairs, two of the four bedrooms feature private ensuite baths, a layout that works beautifully for guests, extended family or anyone who appreciates a little more privacy. The primary suite includes a walk-in closet and windows at both the front and back, filling the room with natural light.
The finished lower level is ready to fit your lifestyle, whether that means a pool table, game nights, movies or entertaining. A large workshop with extensive storage is a great bonus for hobbies and projects, while the oversized laundry room includes a utility sink and room to stay organized.
The fully fenced backyard has a wide-open lawn for kids or pets, gardening, entertaining or simply enjoying time outside. Established landscaping brings color throughout the seasons, with distant mountain views and beautiful sunsets adding to the setting.
Several significant improvements have already been completed, including a new heat pump in 2026, replacement windows and stainless steel kitchen appliances in 2025, plus additional energy-conscious updates.
You're in the Middletown school district and close to local restaurants, shops, parks, golf and nearby mountain trails, yet only about 15 minutes from Downtown Frederick. Convenient access to Route 40A, Route 17, I-70, I-270 and Route 15 makes travel toward Montgomery County, Washington, DC, Northern Virginia, Pennsylvania and Western Maryland easy.
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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 2, 2026 | Listed by Keller Williams Realty Centre | $498,900 | |
| Listed by Keller Williams Realty Centre | |||
| Apr 19, 1989 | Sold | ||
| Sold | |||
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About Frederick
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017