$210,000
●
Condo -
Off Market
501 PATTON CIR #6L
FREDERICK, MD 21703
2 Beds
2 Baths
1,165 Ft²
$1,561
Est. Monthly
$578
HOA / Fees
7.63%
Cap Rate
About This Property
Just shy of 1200SF this 2 Bedroom 2 Full bath Buckingham condo is
an estate and selling as-is. Condo Management notes this is
an owner occupied only sale. Large, Light and Bright this
split floor plan allows for flexibility in living. Kitchen is
open to living space, with vaulted ceilings and an abundance of
windows. Located on the third floor of a secure, elevator building.
HVAC installed 6/22, HW heater replaced 2/23. New
Carpet. Condo is priced for condition. Condo Fee is Monthly
HOA fee is Annually.
Unit Size
1,165 Ft²
Days on Market
16 days
Land Size
-
Price per sqft
$172
Property Type
Condo
Property Taxes
$300
HOA Dues
$578
Year Built
-
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Cap Rate Calculator
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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: 2 years ago (Bright MLS #MDFR2056610)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 19, 2024 | Sold | ||
| Sold | |||
| Dec 3, 2024 | In contract | - | |
| In contract | |||
| Dec 1, 2024 | Listed by Long & Foster Real Estate, Inc. | $200,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
Property Highlights
Parking Available
Elevator
Air Conditioning
Parking Details
Parking Features: Parking Lot
Interior Details
Bedrooms on Main Level: 2
Interior Features: Carpet, Combination Dining/Living, Combination Kitchen/Living, Entry Level Bedroom, Floor Plan - Open, Intercom, Sprinkler System
Appliances: Dishwasher, Disposal, Dryer, Icemaker, Intercom, Microwave, Oven/Range - Electric, Refrigerator, Washer, Stove
Flooring Type: Carpet, Vinyl
Living Area Square Feet Source: Estimated
Wall & Ceiling Types
Laundry Type: Main Floor
Exterior Details
Property Manager Present
Ownership Interest: Condominium
Property Condition: Average
Year Built Source: Assessor
Other Structures: Above Grade, Below Grade
Structure Type: Penthouse Unit/Flat/Apartment
Construction Materials: Combination, Brick
Unit Building Type: Garden 1 - 4 Floors
Building Name: BUCKINGHAM
Outdoor Living Structures: Balcony
No Pool
Tidal Water: N
Land Assessed Value: $194,333
Finished Square Feet: 1165
Finished Square Feet Source: Estimated
Financial Details
County Tax: $2,176
County Tax Payment Frequency: Annually
City Town Tax: $1,419
City Town Tax Payment Frequency: Annually
Tax Assessed Value: $194,333
Tax Year: 2024
Tax Annual Amount: $3,596
Year Assessed: 2024
Utilities Details
Central Air
Cooling Type: Central A/C
Heating Type: Forced Air
Cooling Fuel: Electric
Heating Fuel: Natural Gas
Hot Water: Electric
Sewer Septic: Public Sewer
Water Source: Public
Location Details
HOA/Condo/Coop Fee Includes: Common Area Maintenance, Ext Bldg Maint, Road Maintenance, Snow Removal, Water, Sewer
HOA/Condo/Coop Amenities: Elevator, Common Grounds
HOA Fee: $93
HOA Fee Frequency: Annually
Condo/Coop Fee: $485
Washer/Dryer/Hook Up in Unit: Yes
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/06/2026
|
2 Bed
|
2 Bath
|
1165 ft²
|
$285,000
2 Bed
2 Bath
1165 ft²
|
-
-
|
Nickolaus Waldner
Keller Williams Realty Centre
| |
|
02/20/2025
|
2 Bed
|
2 Bath
|
1165 ft²
|
$295,000
2 Bed
2 Bath
1165 ft²
|
$295,000
04/01/2025
|
Michael Lidie
EXP Realty, LLC
| |
|
12/01/2024
|
2 Bed
|
2 Bath
|
1165 ft²
|
$200,000
2 Bed
2 Bath
1165 ft²
|
$210,000
+5.00%
12/19/2024
|
Kelly Losquadro
Long & Foster Real Estate, Inc.
| |
|
07/11/2024
|
2 Bed
|
2 Bath
|
1165 ft²
|
$265,000
2 Bed
2 Bath
1165 ft²
|
$270,000
+1.89%
08/30/2024
|
Chris Reeder
Frederick
| |
|
06/29/2023
|
2 Bed
|
2 Bath
|
1165 ft²
|
$279,900
2 Bed
2 Bath
1165 ft²
|
$265,000
-5.32%
08/31/2023
|
James Bass
Real Estate Teams, LLC
| |
|
06/23/2023
|
2 Bed
|
2 Bath
|
1163 ft²
|
$235,000
2 Bed
2 Bath
1163 ft²
|
$253,000
+7.66%
07/26/2023
|
Shannon Flannery
Maurer Realty
| |
|
09/28/2021
|
2 Bed
|
2 Bath
|
1163 ft²
|
$216,000
2 Bed
2 Bath
1163 ft²
|
-
-
|
Suzanne Marsh
Marsh Realty
| |
|
04/26/2019
| |
2 Bed
|
2 Bath
|
-
|
$189,900
2 Bed
2 Bath
|
-
-
|
-
|
|
04/14/2017
|
2 Bed
|
2 Bath
|
1158 ft²
|
$159,000
2 Bed
2 Bath
1158 ft²
|
$159,000
05/12/2017
|
Carl Becker
Premier Properties, LLC
|
Building Info
About Overlook
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Listed by: Kelly Losquadro
Long & Foster Real Estate, Inc.
Last Updated: 6 hours ago
Data Source: Bright MLS , MLS# MDFR2056610
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: 6 hours ago
Data Source: Bright MLS , MLS# MDFR2056610
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