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618 WILSON PLACE
About This Property
Significant heavy lifting has already been done, including a brand-new HVAC system with two central AC units, ductwork, and gas furnace, alongside a newly run gas line and meter. The home also benefits from a professional electrical panel inspection, updated library electrical, new basement plumbing, fresh basement drywall, and an exterior basement door with a new awning for flood abatement.
Cosmetic updates include fresh paint in the living areas, newly installed or restored first-floor hardwoods, new second-floor carpet, front and back porch handrails, and numerous new light fixtures installed throughout the home.
With essential systems, structural updates, and pest inspections already addressed, this property is ready for you to complete the remaining cosmetic touches and make it your own!
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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%.
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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 |
|---|---|---|---|
| Oct 1, 2026 | Listed by Charis Realty Group | $540,000 | |
| Listed by Charis Realty Group | |||
| May 14, 2025 | Sold | ||
| Sold | |||
| Apr 15, 2025 | In contract | - | |
| In contract | |||
| Mar 27, 2025 | Listed by RE/MAX Realty Group | $475,000 | |
| Listed by RE/MAX Realty Group | |||
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Welcome to 618 Wilson Place! This stunning single family home sits on a large .22-acre lot in desirable Frederick! Enjoy over 3,300 square feet of living space on 3 finished levels. There are 3 bedrooms and 2.5 bathrooms with a detached garage. The spacious front porch welcomes you in. The main level includes a formal living room with a cozy wood burning fireplace and large picture windows letting in tons of natural light. The living room is open to the dining room with charming built-in cabinetry, wood flooring, and ample room for entertaining. The eat-in kitchen is large with stainless steel appliances and tons of storage space. Off the kitchen is access to the mud room and half bath as well as the exterior deck. The main level also boasts a huge family room with vaulted ceiling leading out to the deck and park like back yard ideal for indoor outdoor living. The bright and sunny primary bedroom is on the main level with built-in armoire and access to the back deck and hallway full bath. The upper level includes 2 well-appointed secondary bedrooms and a full bath. The lower level is finished with a rec room including a walk-out to the yard. There is also a laundry/utility room and additional storage space. Prime location within minutes to Fort Detrick and Hood College. Easy access to Downtown Frederick and other major commuter routes. Close to shops, restaurants, and entertainment venues. Schedule your showing today!
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| Sep 15, 1986 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017