$285,000
●
Condo -
Off Market
599 CAWLEY DR #2D
FREDERICK, MD 21703
2 Beds
2 Baths
1,385 Ft²
$1,892
Est. Monthly
$468
HOA / Fees
10.41%
Cap Rate
About This Property
Welcome home to 599 Cawley Drive Unit 2D! This wonderful second
floor two bedroom two bathroom condo, accessible by elevator,
is move-in ready and just waiting for you! The home offers a
spacious living room, open kitchen with breakfast area, dining
room, primary suite with full private bath and walk-in closet,
secondary bedroom, full secondary bath, and in-unit washer and
dryer. Outside of the condo you have your own balcony and assigned
parking space. The location of this community can't be beat with
easy access to shopping, dining, public transportation and several
major commuter routes! Don't miss your chance to call this
wonderful condo your very own!
Unit Size
1,385 Ft²
Days on Market
29 days
Land Size
-
Price per sqft
$209
Property Type
Condo
Property Taxes
$339
HOA Dues
$468
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 #MDFR2052244)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 30, 2025 | Sold | ||
| Sold | |||
| Jan 1, 2025 | In contract | - | |
| In contract | |||
| Dec 10, 2024 | Price Decreased |
$290,000
↓ $5K
(1.7%) | |
| Price Decreased | |||
| Sep 23, 2024 | Price Decreased |
$295,000
↓ $5K
(1.7%) | |
| Price Decreased | |||
| Aug 20, 2024 | Listed by Real Estate Teams, LLC | $300,000 | |
| Listed by Real Estate Teams, LLC | |||
Property Highlights
Parking Available
Elevator
Air Conditioning
Fireplace
Parking Details
Parking Features: Parking Lot
Total Garage and Parking Spaces: 1
Interior Details
Bedrooms on Main Level: 2
Interior Features: Breakfast Area, Carpet, Ceiling Fan(s), Crown Moldings, Dining Area, Entry Level Bedroom, Kitchen - Eat-In, Kitchen - Table Space, Pantry, Primary Bath(s), Walk-in Closet(s)
Appliances: Built-In Microwave, Dishwasher, Disposal, Oven/Range - Electric, Refrigerator, Washer, Dryer, Water Heater
Living Area Square Feet Source: Estimated
Laundry Type: Washer In Unit, Dryer In Unit
Has Fireplace
Electric, Non-Functioning
Fireplaces: 1
Exterior Details
Ownership Interest: Condominium
Year Built Source: Assessor
Other Structures: Above Grade, Below Grade
Structure Type: Unit/Flat/Apartment
Construction Materials: Combination, Brick
Unit Building Type: Garden 1 - 4 Floors
Building Name: BALLENGER CRK CN
Outdoor Living Structures: Balcony
No Pool
Tidal Water: N
Land Assessed Value: $220,000
Finished Square Feet: 1385
Finished Square Feet Source: Estimated
Financial Details
County Tax: $2,463
County Tax Payment Frequency: Annually
City Town Tax: $1,607
City Town Tax Payment Frequency: Annually
Tax Assessed Value: $220,000
Tax Year: 2024
Tax Annual Amount: $4,070
Year Assessed: 2024
Utilities Details
Central Air
Cooling Type: Central A/C
Heating Type: Forced Air
Cooling Fuel: Natural Gas
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, Sewer, Snow Removal, Water
HOA/Condo/Coop Amenities: Common Grounds, Elevator, Reserved/Assigned Parking
HOA Fee: $53
HOA Fee Frequency: Annually
Condo/Coop Fee: $415
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 |
|---|---|---|---|---|---|---|---|
|
05/08/2026
|
2 Bed
|
2 Bath
|
1387 ft²
|
$300,000
2 Bed
2 Bath
1387 ft²
|
$285,000
-5.00%
07/22/2026
|
Charity Moreno
RE/MAX Town Center
| |
|
05/10/2024
| |
2 Bed
|
2 Bath
|
1387 ft²
|
$299,900
2 Bed
2 Bath
1387 ft²
|
$300,000
+0.03%
06/06/2024
|
Timothy Horst
Long & Foster Real Estate, Inc.
|
|
08/20/2024
|
2 Bed
|
2 Bath
|
1385 ft²
|
$300,000
2 Bed
2 Bath
1385 ft²
|
$285,000
-5.00%
01/30/2025
|
James Bass
Real Estate Teams, LLC
| |
|
07/08/2023
|
2 Bed
|
2 Bath
|
1365 ft²
|
$283,000
2 Bed
2 Bath
1365 ft²
|
$273,000
-3.53%
08/25/2023
|
Joseph Powell
Real Estate Teams, LLC
| |
|
05/18/2023
|
2 Bed
|
2 Bath
|
1395 ft²
|
$275,000
2 Bed
2 Bath
1395 ft²
|
$290,000
+5.45%
06/02/2023
|
James (Kevin) Grolig
Compass
| |
|
08/06/2021
| |
2 Bed
|
2 Bath
|
-
|
$240,000
2 Bed
2 Bath
|
-
-
|
Ginger Greene
Frederick
|
|
07/09/2020
|
2 Bed
|
2 Bath
|
-
|
$195,000
2 Bed
2 Bath
|
-
-
|
-
| |
|
03/13/2020
| |
2 Bed
|
2 Bath
|
-
|
$194,900
2 Bed
2 Bath
|
-
-
|
-
|
|
10/03/2019
|
2 Bed
|
2 Bath
|
1355 ft²
|
$179,900
2 Bed
2 Bath
1355 ft²
|
-
-
|
-
|
Building Info
About Ballenger Creek Center
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Listed by: James Bass
Real Estate Teams, LLC
Last Updated: 11 hours ago
Data Source: Bright MLS , MLS# MDFR2052244
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.
Real Estate Teams, LLC
Last Updated: 11 hours ago
Data Source: Bright MLS , MLS# MDFR2052244
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