$400,000
●
Condo -
Off Market
5950 FORUM SQ
FREDERICK, MD 21703
3 Beds
3 Baths,
1
Half Bath
2,444 Ft²
$2,206
Est. Monthly
$266
HOA / Fees
6.94%
Cap Rate
About This Property
This truly stunning, like-new 3 bedroom, 2.5 bathroom condo-style
end unit townhome with over 2,400 sq ft and an attached garage will
amaze you! Jefferson Place neighborhood boasts an abundance of
amenities and is centrally located right off Route 340
providing easy access to Downtown Frederick, I-270, I-70, Rt.15.
Plus NO CITY TAXES! This full brick front townhome is only 3 years
young with an open floor plan and huge upgraded kitchen with
granite, tons of cabinet space, an island and stainless steel
appliances! Gorgeous luxury vinyl plank flooring throughout the
living area, lots of natural light, your own covered balcony,
walk-in closets and your laundry on the upper bedroom level! The
community pool, fitness center, playgrounds and tennis courts are
just outside your front door! Don't wait on this one!!
Unit Size
2,444 Ft²
Days on Market
10 days
Land Size
-
Price per sqft
$162
Property Type
Condo
Property Taxes
$303
HOA Dues
$266
Year Built
2021
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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: 3 years ago (Bright MLS #MDFR2048870)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 25, 2024 | Sold | ||
| Sold | |||
| Jul 15, 2024 | In contract | - | |
| In contract | |||
| Jul 13, 2024 | Relisted | $395,000 | |
| Relisted | |||
| Jun 12, 2024 | In contract | - | |
| In contract | |||
| Jun 6, 2024 | Listed by RE/MAX Results | $395,000 | |
| Listed by RE/MAX Results | |||
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Garage Features: Inside Access, Garage - Rear Entry
Parking Features: Attached Garage
Attached Garage Spaces: 1
Garage Spaces: 1
Total Garage and Parking Spaces: 1
Interior Details
Bedrooms on 1st Upper Level: 3
Full Bathrooms on 1st Upper Level: 2
Interior Features: Crown Moldings, Floor Plan - Open, Kitchen - Island, Pantry, Primary Bath(s), Recessed Lighting, Upgraded Countertops, Walk-in Closet(s)
Appliances: Dryer - Electric, ENERGY STAR Dishwasher, ENERGY STAR Refrigerator, Icemaker, Oven/Range - Gas, Stainless Steel Appliances, ENERGY STAR Clothes Washer
Flooring Type: Ceramic Tile, Partially Carpeted, Vinyl
Living Area Square Feet Source: Estimated
Wall & Ceiling Types
Laundry Type: Upper Floor
Exterior Details
Ownership Interest: Condominium
Property Condition: Excellent
Year Built Source: Assessor
Builder Name: LENNAR HOMES
Builder Name: LENNAR HOMES
Foundation Details: Brick/Mortar
Other Structures: Above Grade, Below Grade
Roof: Shingle
Structure Type: End of Row/Townhouse
Window Features: Low-E
Construction Materials: Brick, Combination, Vinyl Siding
Outdoor Living Structures: Balcony
Community Pool
Tidal Water: N
Lot Size Dimensions: 0.00 x 0.00
Land Assessed Value: $333,333
Finished Square Feet: 2444
Finished Square Feet Source: Estimated
Financial Details
County Tax: $3,633
County Tax Payment Frequency: Annually
Tax Assessed Value: $333,333
Tax Year: 2024
Tax Annual Amount: $3,633
Year Assessed: 2024
Utilities Details
Central Air
Cooling Type: Central A/C
Heating Type: 90% Forced Air
Cooling Fuel: Electric
Heating Fuel: Natural Gas
Hot Water: Electric
Sewer Septic: Public Sewer
Water Source: Public
Location Details
HOA/Condo/Coop Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Pool(s), Recreation Facility, Sewer, Snow Removal, Trash, Water
HOA/Condo/Coop Amenities: Basketball Courts, Club House, Exercise Room, Meeting Room, Party Room, Pool - Outdoor, Swimming Pool, Tennis Courts, Tot Lots/Playground, Volleyball Courts
HOA Fee: $106
HOA Fee Frequency: Monthly
Condo/Coop Fee: $160
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 |
|---|---|---|---|---|---|---|---|
|
06/06/2024
| |
3 Bed
|
3 Bath
|
2444 ft²
|
$395,000
3 Bed
3 Bath
2444 ft²
|
$400,000
+1.27%
07/25/2024
|
Leigh Fangmeyer
RE/MAX Plus
|
Building Info
About Ballenger Creek
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Listed by: Leigh Fangmeyer
RE/MAX Results
Last Updated: 4 hours ago
Data Source: Bright MLS , MLS# MDFR2048870
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RE/MAX Results
Last Updated: 4 hours ago
Data Source: Bright MLS , MLS# MDFR2048870
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