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7134 PROCLAMATION PLACE
About This Property
Residents enjoy access to the nearby community pool, resort-style clubhouse with 24/7 fitness center, playgrounds, and direct access to the Ballenger Creek Trail. Walkable to shopping, dining, and entertainment, with easy access to I-270, I-70, Route 15, commuter routes, and downtown Frederick's vibrant restaurants, bars, and Carroll Creek Linear Park. Enjoy quick access to the Catoctin Mountains, offering miles of scenic hiking trails, overlooks, and nearby Cunningham Falls - perfect for weekend escapes just minutes from home.
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Cap Rate Calculator
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
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/03/2026
| |
3 Bed
|
2 Bath
|
2850 ft²
|
$450,000
3 Bed
2 Bath
2850 ft²
|
$450,000
05/14/2026
|
Joie Ashworth
Weichert, REALTORS
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017