$435,000
●
House -
Off Market
7050 CATALPA ROAD
FREDERICK, MD 21703
2 Beds
2 Baths
1,581 Ft²
$2,645
Est. Monthly
$193
HOA / Fees
6.60%
Cap Rate
About This Property
The only single family home & largest home currently for sale in
Crestwood Village! Listed below recent appraised value and less
than what the seller paid for it last year! This lovely Lynnewood
Model home has 1581 square feet of finished living area for you to
enjoy! 2 bedrooms 2 bathrooms, in the wonderful Crestwood Village,
active 55+ community. This move-in ready home features a spacious
living and dining room with wood floors, a sun-filled den, kitchen,
primary suite with private full bath, a secondary bedroom and
second full bath in the hall. Convenient laundry room, and access
to your one-car garage. The community offers a club house, exercise
room, library, banquet room, swimming pool, mini golf/putting area,
tennis & pickle ball courts and so much more. The community also
provides snow removal and lawn care service. All of this and easy
access to shopping, dining, entertainment, Downtown Frederick and
several major commuter routes. Don't miss out on the opportunity to
call this fantastic home your very own!
Unit Size
1,581 Ft²
Days on Market
27 days
Land Size
0.16 acres
Price per sqft
$275
Property Type
House
Property Taxes
$315
HOA Dues
$193
Year Built
1983
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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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (Bright MLS #MDFR2062316)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 27, 2025 | Sold | ||
| Sold | |||
| Jun 1, 2025 | In contract | - | |
| In contract | |||
| May 8, 2025 | Price Decreased |
$435,000
↓ $15K
(3.3%) | |
| Price Decreased | |||
| Apr 23, 2025 | Listed by Maryland Elite Realtors | $450,000 | |
| Listed by Maryland Elite Realtors | |||
| Apr 10, 2025 | Listed by Maryland Elite Realtors | $450,000 | |
| Listed by Maryland Elite Realtors | |||
| | |||
|
This lovely Lynnewood Model home has 1581 square feet of finished living area for you to enjoy! 2 bedrooms 2 bathrooms, in the wonderful Crestwood Village, active 55+ community. This move-in ready home features a spacious living and dining room with wood floors, a sun-filled den, kitchen, primary suite with private full bath, a secondary bedroom and second full bath in the hall. Convenient laundry room, and access to your one-car garage. The community offers a club house, exercise room, library, banquet room, swimming pool, mini golf/putting area, tennis & pickle ball courts and so much more. The community also provides snow removal and lawn care service. All of this and easy access to shopping, dining, entertainment, Downtown Frederick and several major commuter routes. Don't miss out on the opportunity to call this fantastic home your very own!
| |||
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
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ft²
Price/ft²
Price/ft²
Asking Price
Listed On
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HOA + Taxes
About Ballenger Creek
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Listed by: Cassandra L Bailey
Maryland Elite Realtors
Last Updated: 10 hours ago
Data Source: Bright MLS , MLS# MDFR2062316
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.
Maryland Elite Realtors
Last Updated: 10 hours ago
Data Source: Bright MLS , MLS# MDFR2062316
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