$182,000
●
House -
Off Market
501 PROSPECT BLVD #A7
FREDERICK, MD 21701
2 Beds
1 Bath
$193,580
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model
About This Property
2 Bedroom1 Bath Condo in Jefferson Chase near the Carrollton
neighborhood. Short distance to the heart of Frederick and across
from Frederick Shopping Center. Open layout with spacious Living
Room, Dining Area, Kitchen, Laundry in unit and a private balcony
to enjoy and relax. 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 I270 and I70 for commuting!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$149
HOA Dues
$220
Year Built
-
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Cap Rate Calculator
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Operating Profit Per Year
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 #MDFR2022664)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 31, 2022 | Sold | ||
| Sold | |||
| Jul 19, 2022 | Listed by RE/MAX 1st Realty | $185,000 | |
| Listed by RE/MAX 1st Realty | |||
Property Highlights
Parking Details
Parking Features: Parking Lot
Interior Details
Bedrooms on Main Level: 2
Interior Features: Carpet, Combination Dining/Living, Combination Kitchen/Dining, Entry Level Bedroom, Floor Plan - Open, Pantry, Tub Shower
Appliances: Built-In Microwave, Dishwasher, Dryer, Exhaust Fan, Icemaker, Oven/Range - Electric, Refrigerator, Washer
Flooring Type: Carpet, Ceramic Tile, Laminate Plank
Living Area Square Feet Source: Assessor
Exterior Details
Ownership Interest: Condominium
Year Built Source: Assessor
Other Structures: Above Grade, Below Grade
Roof: Shingle
Structure Type: Penthouse Unit/Flat/Apartment
Construction Materials: Brick
Unit Building Type: Garden 1 - 4 Floors
Outdoor Living Structures: Balcony
No Pool
Tidal Water: N
Land Assessed Value: $105,000
Finished Square Feet: 1142
Finished Square Feet Source: 1142
Financial Details
County Tax: $1,062
County Tax Payment Frequency: Annually
City Town Tax: $730
City Town Tax Payment Frequency: Annually
Tax Assessed Value: $105,000
Tax Year: 2021
Tax Annual Amount: $1,792
Year Assessed: 2022
Utilities Details
Cooling Type: Wall Unit
Heating Type: Baseboard - Electric
Cooling Fuel: Electric
Heating Fuel: Electric
Hot Water: Electric
Sewer Septic: Public Sewer
Water Source: Public
Location Details
HOA/Condo/Coop Fee Includes: Common Area Maintenance, Health Club, Sewer, Snow Removal, Trash, Water
HOA/Condo/Coop Amenities: Exercise Room, Tot Lots/Playground
HOA Fee: $220
HOA Fee Frequency: Monthly
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 |
|---|---|---|---|---|---|---|---|
|
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
About Carrollton
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Listed by: Carolyn Young
RE/MAX 1st Realty
Last Updated: 7 hours ago
Data Source: Bright MLS , MLS# MDFR2022664
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.
RE/MAX 1st Realty
Last Updated: 7 hours ago
Data Source: Bright MLS , MLS# MDFR2022664
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