706 FAIRVIEW AVENUE
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 |
|---|---|---|---|
| Jan 9, 2026 | Sold | ||
| Sold | |||
| Dec 10, 2025 | In contract | - | |
| In contract | |||
| Dec 4, 2025 | Listed by Compass | $649,600 | |
| Listed by Compass | |||
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Welcome to 706 Fairview Ave — an updated Cape Cod with timeless charm, located only minutes from downtown Frederick, all with zero HOA rules or fees! This beautifully maintained home offers over 2,100 square feet of finished living space, including three bedrooms and two full baths, private backyard with a 2 car driveway!
Inside, you’re greeted by refinished hardwood floors, fresh paint, and a bright, open layout that feels warm and inviting. The living room features a cozy fireplace with built-ins, offering the perfect spot to relax or gather with friends. Natural light fills the home thanks to its southeastern exposure, giving every room an uplifting feel throughout the day.
The gourmet kitchen is a true highlight, featuring Amish handmade custom cabinetry, marble countertops, and stainless steel appliances — an ideal blend of everyday function and modern style. The home also includes a convenient washer and dryer for easy living.
French doors lead you outside to a finished back deck that extends to a stone patio below — a great setup for grilling, dining, or unwinding after a long day. A welcoming screened in side porch adds even more outdoor charm, while off-street parking provides everyday convenience.
The partially finished basement is conditioned for year round comfort, with central A/c and heat, electricity with the perimeter of the foundation waterproofed. Use the basement for additional storage or customize it to your imaginations limits!
Conveniently located near downtown Frederick, grocery stores, shops, restaurants and near the entrance to Route 15.
This updated home with character, outdoor space, and a location close to everything Frederick offers, is ready to welcome you home!
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| Mar 19, 2014 | Sold | ||
| Sold | |||
| Nov 30, 2013 | Listed by Radcliffe Realty Group, LLC | $287,300 | |
| Listed by Radcliffe Realty Group, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017