$253,000
●
Condo -
Off Market
501 PATTON CIR #6M
FREDERICK, MD 21703
2 Beds
2 Baths
1,163 Ft²
$234,359
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model
About This Property
All offers due by Monday, June 26th at 4PM!
CONDO IS FHA approved. Welcome to this rarely available top floor condo in a secured, elevator building, with tons of unassigned parking! There is almost nothing in this price range in Frederick. Offering an open floor plan with bedrooms and adjoining bathrooms and walk-in closets on opposite ends of the unit. There are high ceilings, spacious living area, kitchen with breakfast bar and access to the balcony. All of this and close to everything Frederick has to offer you! Look no further; you are home!
CONDO IS FHA approved. Welcome to this rarely available top floor condo in a secured, elevator building, with tons of unassigned parking! There is almost nothing in this price range in Frederick. Offering an open floor plan with bedrooms and adjoining bathrooms and walk-in closets on opposite ends of the unit. There are high ceilings, spacious living area, kitchen with breakfast bar and access to the balcony. All of this and close to everything Frederick has to offer you! Look no further; you are home!
Unit Size
1,163 Ft²
Days on Market
-
Land Size
-
Price per sqft
$202
Property Type
Condo
Property Taxes
$258
HOA Dues
$235
Year Built
-
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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: 4 years ago (Bright MLS #MDFR2034604)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 26, 2023 | Sold | ||
| Sold | |||
| Jun 27, 2023 | In contract | - | |
| In contract | |||
| Jun 23, 2023 | Listed by Maurer Realty | $235,000 | |
| Listed by Maurer Realty | |||
Property Highlights
Parking Available
Elevator
Air Conditioning
Parking Details
Parking Features: Parking Lot
Interior Details
Bedrooms on Main Level: 2
Interior Features: Combination Dining/Living, Breakfast Area, Combination Kitchen/Living, Primary Bath(s), Elevator, Window Treatments, Floor Plan - Open
Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Microwave, Oven - Self Cleaning, Oven/Range - Gas, Refrigerator, Washer
Living Area Square Feet Source: Estimated
Exterior Details
Ownership Interest: Condominium
Year Built Source: Assessor
Other Structures: Above Grade, Below Grade
Structure Type: 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: $183,667
Finished Square Feet: 1163
Finished Square Feet Source: 1163
Financial Details
City Town Tax: $1,263
City Town Tax Payment Frequency: Annually
Tax Assessed Value: $183,667
Tax Year: 2023
Tax Annual Amount: $3,099
Utilities Details
Central Air
Cooling Type: Central A/C
Heating Type: Forced Air
Cooling Fuel: Electric
Heating Fuel: Natural Gas
Hot Water: Natural Gas
Sewer Septic: Public Sewer
Water Source: Public
Location Details
HOA/Condo/Coop Fee Includes: Common Area Maintenance, Ext Bldg Maint, Snow Removal, Lawn Maintenance, Management, Trash, Water
HOA/Condo/Coop Amenities: Common Grounds, Elevator, Tot Lots/Playground
HOA Fee: $20
HOA Fee Frequency: Quarterly
Condo/Coop Fee: $215
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: Shannon Flannery
Maurer Realty
Last Updated: 10 hours ago
Data Source: Bright MLS , MLS# MDFR2034604
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.
Maurer Realty
Last Updated: 10 hours ago
Data Source: Bright MLS , MLS# MDFR2034604
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