501 PROSPECT BOULEVARD #A32
About This Property
The manager has listed the unit size as 1142 square feet.
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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%.
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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.
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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 |
|---|---|---|---|
| May 21, 2026 | Sold | ||
| Sold | |||
| May 5, 2026 | In contract | - | |
| In contract | |||
| Apr 29, 2026 | Listed | $219,900 | |
| Listed | |||
| | |||
|
Welcome to 501 Prospect Blvd #A-32. This 2-bedroom unit is a 3rd floor condo at Jefferson Chase. Fully renovated in April 2026, this condo showcases thoughtful upgrades with a special focus on the kitchen and bathroom. LVP flooring, separate dining area, and laundry in unit. The refreshed kitchen features brand-new appliances, including a stove, dishwasher, and microwave, complemented by a decorative backsplash and new faucet. New LED energy efficient recessed lights throughout. The bathroom has been completely transformed with new tile flooring, a modern vanity, updated fixtures, a new toilet, and contemporary mirrors. Both bedrooms offer new carpet, ceiling fan and light combinations with remote controls, and closets featuring built-in organizers. Step outside to a covered patio illuminated by string lights, complete with recently professionally epoxied flooring.
This property is in a great location, a short way from the heart of Frederick and across from Frederick Shopping Center. The community has a 24 HR Fitness Room, outdoor pergola picnic area, grilling facilities and a playground! Secured building with controlled access and 24HR on-site maintenance and on-site storage. Easy access to I-270 and I-70 makes it convenient for commuting. Perfect for a first home, downsizing, or rental purposes. Additional upgrades: water heater 2026, all baseboard heaters 2026, mini split Unit (heat & cool) 2024, 2 AC wall units 2024, washer/dryer 2022. Call today for more information!
| |||
| Jun 15, 2025 | Price Decreased |
$219,000
↓ $6K
(2.7%) | |
| Price Decreased | |||
| Jun 4, 2025 | Price Increased |
$224,999
↑ $125K
(125%) | |
| Price Increased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/29/2026
|
2 Bed
|
1 Bath
|
1142 ft²
|
$219,900
2 Bed
1 Bath
1142 ft²
|
$214,900
-2.27%
05/21/2026
|
Dana Ashlock
Samson Properties
| |
|
09/28/2025
| |
2 Bed
|
1 Bath
|
1142 ft²
|
$225,000
2 Bed
1 Bath
1142 ft²
|
$185,000
-17.78%
05/11/2026
|
Jerred Gray
Kelley Real Estate Professionals
|
|
09/12/2025
|
2 Bed
|
1 Bath
|
1142 ft²
|
$214,900
2 Bed
1 Bath
1142 ft²
|
$214,900
11/14/2025
|
Kellie Plucinski
North Potomac/Rockville
| |
|
08/21/2025
|
2 Bed
|
1 Bath
|
1142 ft²
|
$215,000
2 Bed
1 Bath
1142 ft²
|
$170,000
-20.93%
01/23/2026
|
Victoria Capone
RE/MAX Realty Group
| |
|
01/10/2025
|
2 Bed
|
1 Bath
|
1142 ft²
|
$255,900
2 Bed
1 Bath
1142 ft²
|
$217,500
-15.01%
04/14/2025
|
Danny Troupos
Long & Foster Real Estate, Inc.
| |
|
08/26/2023
|
1 Bed
|
1 Bath
|
810 ft²
|
$159,900
1 Bed
1 Bath
810 ft²
|
$170,000
+6.32%
09/15/2023
|
Milagros Tecson
Fairfax Realty Select
| |
|
08/12/2022
|
2 Bed
|
1 Bath
|
910 ft²
|
$185,999
2 Bed
1 Bath
910 ft²
|
-
-
|
Dinorah Iriarte
Ikon Realty
| |
|
07/19/2022
|
2 Bed
|
1 Bath
|
-
|
$185,000
2 Bed
1 Bath
|
$182,000
-1.62%
10/31/2022
|
Carolyn Young
RE/MAX 1st Realty
| |
|
04/16/2021
|
2 Bed
|
1 Bath
|
1142 ft²
|
$154,950
2 Bed
1 Bath
1142 ft²
|
-
-
|
-
| |
|
02/15/2020
|
2 Bed
|
1 Bath
|
1142 ft²
|
$100,000
2 Bed
1 Bath
1142 ft²
|
-
-
|
-
| |
|
09/06/2018
|
1 Bed
|
1 Bath
|
893 ft²
|
-
1 Bed
1 Bath
893 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017