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550 LOGAN STREET
About This Property
Welcome to this charming corner-lot single-family home in Frederick. This light-filled property features 4 bedrooms, 2 full bathrooms, and a fully finished walkout basement that opens to a fenced backyard-perfect for entertaining or relaxing outdoors.
Recent updates completed within the last 1.5 years include all-new windows, newer roof, furnace, A/C system, water heater, siding, freshly painted thorught and a water softener system that conveys with the property.
Conveniently located just minutes from downtown Frederick, Frederick Health Hospital, shopping, grocery stores, restaurants, parks, and major commuter routes, this home combines modern updates, comfort, and excellent accessibility. Move-in ready and full of potential, this is a wonderful opportunity to own a beautifully updated home in a highly convenient location.
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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 |
|---|---|---|---|
| Aug 17, 2026 | Sold | ||
| Sold | |||
| Jul 27, 2026 | In contract | - | |
| In contract | |||
| Jul 2, 2026 | Relisted | $409,999 | |
| Relisted | |||
| May 23, 2026 | In contract | - | |
| In contract | |||
| May 6, 2026 | Price Decreased |
$389,999
↓ $10K
(2.5%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017