$408,000
●
House -
Off Market
704 TRAIL AVE
FREDERICK, MD 21701
3 Beds
1 Bath,
1
Half Bath
1,152 Ft²
$2,487
Est. Monthly
About This Property
Welcome to one of downtown Frederick's best kept secrets--Trail
Avenue! This stunning duplex has recently been subdivided and will
be for sale for the first time!! Full renovation in 2023 offers
fresh paint throughout, updated vinyl plank flooring and great
natural light. Enter to bright and open family room, with flow into
the dining room and updated kitchen with stainless steel
appliances. Kitchen features quartz counters and brand new
cabinets. The upper level features a primary bedroom with two
additional bedrooms and a shared full renovated hall bath. The
entire upstairs has refinished hardwood floors creating an
exceptional feel. Major upgrades include new heavy-up electrical
panel, NEW HVAC and NEW architectural shingle roof! Off street
parking in the rear driveway with two spots and new fence dividing
the lots. Close proximity to all Downtown Frederick has to offer
and walking distance to Frederick Health Hospital. Enjoy
local favorites in Gravel and Grind for coffee, Olde Mother for a
local beer and the Common Market for groceries. Close proximity to
route 15 for commuting and much more! Welcome home!
Unit Size
1,152 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$339
Property Type
House
Property Taxes
$572
HOA Dues
-
Year Built
-
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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: 2 days ago (Bright MLS #MDFR2043010)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 28, 2024 | Sold | ||
| Sold | |||
| Jan 16, 2024 | In contract | - | |
| In contract | |||
| Jan 11, 2024 | Listed by Keller Williams Realty Centre | $390,000 | |
| Listed by Keller Williams Realty Centre | |||
| | |||
|
Welcome to one of downtown Frederick's best kept secrets--Trail Avenue! This stunning duplex has recently been subdivided and will be for sale for the first time!! Full renovation in 2023 offers fresh paint throughout, updated vinyl plank flooring and great natural light. Enter to bright and open family room, with flow into the dining room and updated kitchen with stainless steel appliances. Kitchen features quartz counters and brand new cabinets. The upper level features a primary bedroom with two additional bedrooms and a shared full renovated hall bath. The entire upstairs has refinished hardwood floors creating an exceptional feel. Major upgrades include new heavy-up electrical panel, NEW HVAC and NEW architectural shingle roof! Off street parking in the rear driveway with two spots and new fence dividing the lots. Close proximity to all Downtown Frederick has to offer and walking distance to Frederick Health Hospital. Enjoy local favorites in Gravel and Grind for coffee, Olde Mother for a local beer and the Common Market for groceries. Close proximity to route 15 for commuting and much more! Welcome home!
| |||
| Sep 17, 2013 | Sold | ||
| Sold | |||
Property Highlights
Air Conditioning
Parking Available
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Frederick
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Listed by: Andrew J Hopley
Keller Williams Realty Centre
Last Updated: 2 hours ago
Data Source: Bright MLS , MLS# MDFR2043010
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
Keller Williams Realty Centre
Last Updated: 2 hours ago
Data Source: Bright MLS , MLS# MDFR2043010
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