OPEN HOUSE IS CANCELED. Welcome to this stunning Craftsman style
home in Gambrill View, located in the City of Frederick! Spanning
over 3,800 square feet, this home has everything you desire. Greet
your guests from the charming porch, where they'll immediately
admire the impressive landscaping. Inside, the main level features
gleaming hardwood floors and an inviting open floor plan. The
gourmet kitchen boasts a large island with a breakfast bar, custom
ceramic backsplash, an eat-in area, and direct access to the
expansive fenced backyard with hardscaping.
This level also includes a formal dining area, a versatile flex
room/office, a spacious living room, and a remarkable mainfloor
owner's suite-a rare find. The owner's suite features a large
walk-in closet with a custom organizer and an adjoining bathroom
with elegant tile and a double shower with a bench. Additionally,
you'll find the laundry room and a powder room on this floor.
Upstairs, there are two generously sized bedrooms sharing a hall
bathroom. The finished basement offers a large fourth bedroom, a
full bathroom, a recreation room, another office/flex space, and
large storage area.
Now, let's talk about the backyard! One of the largest in the
neighborhood, it features extensive hardscaping, landscaping, a
fence, a permitted Amish shed, and private parking for up to four
cars, providing plenty of convenience.
Don't worry about lawn maintenance or snow removal. That is
all included in the HOA fees along with a community pool & gym.
Conveniently located to downtown Frederick, you can easily bike
into town! Enjoy the historic charm and beautiful architecture of
century-old buildings as you explore local parks, museums,
galleries, and theaters. Visit Shab Row or Market Street for a
selection of highly-rated boutique shops and restaurants. Venture
outside the city to discover Frederick County's amusement parks,
wineries, orchards, hiking trails, breweries, and battlefields.
Your dream home awaits!
Unit Size
2,192 Ft²
Days on Market
36 days
Land Size
0.14 acres
Price per sqft
$292
Property Type
House
Property Taxes
$802
HOA Dues
$135
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.
Construction Materials: Advanced Framing, Batts Insulation, Vinyl Siding
Outdoor Living Structures: Porch(es), Patio(s)
Community Pool
Tidal Water: N
Lot Size Source: Assessor
Land Assessed Value: $520,200
Finished Square Feet: 2192
Finished Square Feet Source: Estimated
Finished Square Feet: 1600
Finished Square Feet Source: Estimated
Unfinished Square Feet: 100
Unfinished Square Feet Source: Estimated
Financial Details
City Town Tax: $3,800
City Town Tax Payment Frequency: Annually
Tax Assessed Value: $520,200
Tax Year: 2024
Tax Annual Amount: $9,625
Utilities Details
Central Air
Cooling Type: Central A/C, Energy Star Cooling System
Heating Type: Central, 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, Pool(s), Snow Removal, Trash, Management, Lawn Maintenance, Road Maintenance
HOA/Condo/Coop Amenities: Club House, Pool - Outdoor, Fitness Center, Common Grounds, Exercise Room, Jog/Walk Path, Tot Lots/Playground
HOA Fee: $135
HOA Fee Frequency: Monthly
608 GILLESPIE DR
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