601 Morrison Dr
About This Property
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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 |
|---|---|---|---|
| Jul 8, 2025 | Sold | ||
| Sold | |||
| Jun 9, 2025 | In contract | - | |
| In contract | |||
| Jun 5, 2025 | Listed by Coldwell Banker Realty 24 | $600,000 | |
| Listed by Coldwell Banker Realty 24 | |||
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Welcome to this stunning 4-bedroom, 3-bathroom home located in a Maple Ridge II - perfectly located in Frederick. With all bedrooms conveniently located on the upper level, this home offers both comfort and functionality for modern living. Step inside to find a spacious open floorplan filled with natural light and elegant finishes throughout. The large dedicated office at the front of the home is perfect for remote work or creative projects, while the airy loft upstairs provides additional living or play space. The gourmet kitchen features a gas range, oversized walk-in pantry, and flows seamlessly into the main living and dining areas-ideal for entertaining. A built-in bench and coat rack at the garage entry add thoughtful organization, while the oversized two-car garage provides plenty of space for vehicles and storage. Upstairs, the generous bedrooms and modern bathrooms offer space for everyone, with the primary suite featuring its own private bath and walk-in closet. The large unfinished basement offers extra storage, the perfect space for an in-home gym, and is roughed in for a bathroom if you would like to add to your home. Additional highlights include a newer roof (just 2 years old!), energy-efficient tankless water heater, and a beautifully landscaped backyard that backs to peaceful open space to create your own private retreat. This home is within 10 minutes to Safeway and King Soopers Marketplace, making shopping super convenient. Commuting is a breeze with just a 35-minute drive to both Denver International Airport and Boulder, and only 20 minutes to Longmont. Don't miss this opportunity to own a thoughtfully designed home in a prime location!
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| Jul 10, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017