$470,000
●
House -
Off Market
5 PETERS LANE
FREDERICK, MD 21701
5 Beds
3 Baths
1,420 Ft²
$440,572
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model
About This Property
**OPEN HOUSE SATURDAY 12/4 & SUNDAY 12/5 FROM 12-2PM** Welcome to
this fantastic Downtown Frederick home on a quiet street! This
updated rancher has a fresh feel without removing the character of
its' era. Upon entry, you will find a large living room with wood
burning fireplace, opening into a large updated kitchen with eat in
dining area. The main level includes an owners suite with en suite
full bath and 2 additional bedrooms with a shared full bathroom.
The basement adds a large living area, 2 additional bedrooms, an
efficiency kitchen, and a well updated full bath with standing
shower. The lower level has a walk out to the back yard which
offers plenty of space to entertain with a covered patio, large
yard, parking and a garage. This home is ready for a few of your
personal touches and for you to enjoy a short walk to all that
Downtown Frederick has to offer!
Unit Size
1,420 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$282
Property Type
House
Property Taxes
$441
HOA Dues
-
Year Built
1968
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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: 6 days ago (Bright MLS #MDFR2008706)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 18, 2024 | Sold | ||
| Sold | |||
| Jun 29, 2024 | In contract | - | |
| In contract | |||
| Jun 27, 2024 | Listed by Oakwood Realty | $499,990 | |
| Listed by Oakwood Realty | |||
| | |||
|
Welcome to this adorable Downtown Frederick home on a quiet street, just minutes from all of the convenient shopping and restaurants the city has to offer. This updated rancher has a fresh feel without removing the original character. Upon entry, you will find a large living room with wood burning fireplace. The large updated kitchen with eat in dining space, leads to a full-sized covered patio and spacious, fully fenced backyard, perfect for playtime, entertaining, or gardening. The main level includes an owners suite with en suite full bath and 2 additional bedrooms with a shared full bathroom. The basement adds a large living area, featuring 2 additional bedrooms, an efficiency kitchen, and an additional well updated full bath. The lower level has a walk out to the back yard which also offers parking and a garage. This home is ready for a few of your personal touches and for you to enjoy a short walk to all that Downtown Frederick has to offer!
| |||
| Jan 3, 2022 | Sold | ||
| Sold | |||
| Dec 3, 2021 | Listed by Keller Williams Realty Centre | $399,900 | |
| Listed by Keller Williams Realty Centre | |||
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Property Highlights
Garage
Air Conditioning
Parking Available
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
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Baths
ft²
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HOA + Taxes
About Frederick
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Listed by: Troyce Gatewood
Keller Williams Realty Centre
Last Updated: 8 hours ago
Data Source: Bright MLS , MLS# MDFR2008706
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.
Keller Williams Realty Centre
Last Updated: 8 hours ago
Data Source: Bright MLS , MLS# MDFR2008706
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