$170,000
●
Condo -
Off Market
501 PROSPECT BLVD #B39
FREDERICK, MD 21701
1 Bed
1 Bath
810 Ft²
$158,903
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model
About This Property
Welcome to this spacious one bedroom in 3rd floor at Jefferson
Chase . Great Location, a short way from the heart of Frederick and
across from Frederick Shopping Center, This newly painted
unit has bright open-concept floor plan, laminate plank
flooring and carpet in the bedroom, spacious living room that leads
to a very relaxing balcony with a view of a distant mountain. The
kitchen has granite countertops, a range, dishwasher,
refrigerator & garbage disposal . Enjoy an outdoor picnic
area with pergola , grilling facilities and a playground.
There is also a 24 Hour community fitness center with
Free Weights & Cardio equipment. Easy Access to I-270 and I-70
makes this home a commuters dream. Move in ready. Price to sell.
Unit Size
810 Ft²
Days on Market
16 days
Land Size
-
Price per sqft
$197
Property Type
Condo
Property Taxes
$176
HOA Dues
-
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 #MDFR2039024)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 15, 2023 | Sold | ||
| Sold | |||
| Aug 31, 2023 | In contract | - | |
| In contract | |||
| Aug 26, 2023 | Listed by Fairfax Realty Select | $159,900 | |
| Listed by Fairfax Realty Select | |||
Property Highlights
With View
Parking Details
Parking Features: Parking Lot
Interior Details
Bedrooms on Main Level: 1
Interior Features: Carpet, Built-Ins, Combination Dining/Living, Combination Kitchen/Dining, Floor Plan - Open, Bathroom - Tub Shower
Appliances: Built-In Microwave, Dishwasher, Disposal, Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Water Heater
Flooring Type: Carpet, Laminate Plank
Living Area Square Feet Source: Assessor
Wall & Ceiling Types
Exterior Details
Property Manager Present
Ownership Interest: Condominium
Property Condition: Very Good
Year Built Source: Assessor
Other Structures: Above Grade, Below Grade
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: $114,667
Finished Square Feet: 810
Finished Square Feet Source: Assessor
Financial Details
County Tax: $1,095
County Tax Payment Frequency: Annually
City Town Tax: $838
City Town Tax Payment Frequency: Annually
Tax Assessed Value: $114,667
Tax Year: 2023
Tax Annual Amount: $2,110
Year Assessed: 2023
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, Snow Removal, Trash
HOA/Condo/Coop Amenities: Exercise Room, Tot Lots/Playground
Condo/Coop Fee: $173
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: Milagros Tecson
Fairfax Realty Select
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# MDFR2039024
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.
Fairfax Realty Select
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# MDFR2039024
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