633 LEE PLACE
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 |
|---|---|---|---|
| Apr 27, 2026 | Sold | ||
| Sold | |||
| Mar 26, 2026 | In contract | - | |
| In contract | |||
| Mar 2, 2026 | Listed by Real Estate Innovations | $450,000 | |
| Listed by Real Estate Innovations | |||
| | |||
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Charming All-Brick Cape Cod in Prime Frederick Location!!
Beautifully maintained 3-bedroom, 2-bath all-brick Cape Cod located just minutes from major commuter routes and within walking distance to downtown Frederick, restaurants, grocery stores, parks, and Ft. Detrick. This home offers classic charm with modern updates throughout.
Features include:
Updated bathrooms, including a fully renovated main-level bath (2023)
Gleaming hardwood floors
Stainless steel appliances with new refrigerator, dishwasher (2025) Range (2025),
New roof on both the house and detached garage (2023)
New HVAC motherboard
New Hot Water Heater
Partial Fenced-in backyard ideal for pets, play, or entertaining
Detached garage, private driveway, and ample on-street parking
This home is situated in one of Frederick’s most walkable and convenient neighborhoods. Don’t miss your opportunity—schedule your private tour today!
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| Jun 26, 2025 | Sold | ||
| Sold | |||
| Jun 3, 2025 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017