504 W 2ND STREET
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 14, 2025 | Sold | ||
| Sold | |||
| Sep 28, 2025 | In contract | - | |
| In contract | |||
| Sep 25, 2025 | Listed by Keller Williams Realty Centre | $749,000 | |
| Listed by Keller Williams Realty Centre | |||
| May 5, 2021 | No longer available | - | |
| No longer available | |||
| Apr 2, 2021 | Listed | $549,000 | |
| Listed | |||
| | |||
|
FINALLY: YOU HAVE BEEN WAITING FOR THIS ONE! One of the few remaining houses literally steps away from the beautiful Baker Park area that has yet to be customized to your taste. Now is your opportunity. This is the first time the All Brick Home has been available for sale since it was built in 1938. The Two-Story Colonial Home sits nicely on a Large nearly 6,700 sq. ft. Downtown Lot, including a separate Two-Car Garage, a great Backyard area, and an elevated Rear Terrace. Currently built as a 3-BR, 2 BA home it features Refinished Original Hardwood Floors throughout, Refinished and Freshly Painted original plaster Walls and Ceilings, an Airy 3-Seasons Side Porch, Gas Fireplace in the Front-to-Rear Living Room, a Full Basement w/Outside Entrance, and a Cedar Closet in the Walk Up Attic. The home has been Refreshed and offers a Clean Pallet for your design ideas. The location is in walking distance to Shops, Restaurants, and Entertainment in downtown Frederick. The Tennis Courts, Swimming Pool, Band Shell, Culler Lake and all the amenities of Baker Park. With easy access to major highways. Similar style houses in this neighborhood have already dramatically expanded the living space of the original house - - now is your chance too! Don’t wait as this property will not last. The manager has listed the unit size as 1560 square feet.
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017