$526,300
●
House -
Off Market
614 SCHLEY AVENUE
FREDERICK, MD 21702
4 Beds
3 Baths
2,522 Ft²
$3,120
Est. Monthly
About This Property
Charming and spacious Cape Cod in a prime Frederick location! This
4-bedroom, 3-bathroom home blends classic character with modern
updates. The welcoming main level has a dedicated dining room,
arched doorways, and a cozy fireplace with brick hearth and
built-in shelves. The kitchen has plenty of cabinet space and walks
out to the rear deck and fenced rear yard. There are beautiful
hardwood floors on the main and bedroom levels. The updated primary
bath adds a touch of luxury, while the good-sized bedrooms provide
comfort for all. The partially finished lower level offers flexible
space for a home office, rec room, work space or storage. A
detached 1-car garage and desirable corner lot complete the
package. Conveniently located near shopping, dining, and commuter
routes-don't miss this fantastic opportunity!
Unit Size
2,522 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$202
Property Type
House
Property Taxes
$615
HOA Dues
-
Year Built
1957
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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: 5 months ago (Bright MLS #MDFR2058744)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 12, 2025 | Sold | ||
| Sold | |||
| Feb 1, 2025 | In contract | - | |
| In contract | |||
| Jan 29, 2025 | Listed by RE/MAX Realty Services | $510,000 | |
| Listed by RE/MAX Realty Services | |||
| | |||
|
Charming and spacious Cape Cod in a prime Frederick location! This 4-bedroom, 3-bathroom home blends classic character with modern updates. The welcoming main level has a dedicated dining room, arched doorways, and a cozy fireplace with brick hearth and built-in shelves. The kitchen has plenty of cabinet space and walks out to the rear deck and fenced rear yard. There are beautiful hardwood floors on the main and bedroom levels. The updated primary bath adds a touch of luxury, while the good-sized bedrooms provide comfort for all. The partially finished lower level offers flexible space for a home office, rec room, work space or storage. A detached 1-car garage and desirable corner lot complete the package. Conveniently located near shopping, dining, and commuter routes—don’t miss this fantastic opportunity!
| |||
| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
| Jun 1, 2018 | Sold | ||
| Sold | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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Listed On
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Sold On
Sold On
HOA + Taxes
About Villa Estates
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Listed by: Andrew A Werner Jr.
RE/MAX Realty Services
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# MDFR2058744
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RE/MAX Realty Services
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# MDFR2058744
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