714 IRON FORGE UNIT A
About This Property
Prepare to be captivated by this rare, two-story end-unit condo-an architectural gem offering over 2,500 square feet of light-filled luxury and refined design. Designed with the sophisticated Topanga design package, the space blends a vibrant palette with high-end finishes, creating an environment that's both elegant and inviting.
The main level impresses with an open-concept layout anchored by a stunning 12-foot kitchen island and an abundance of natural light. A fully enclosed office, complete with glass French doors and wraparound windows, offers a bright and private workspace.
Upstairs, the layout is crafted for comfort and privacy. A generous loft provides flexible space for relaxing or entertaining and opens onto a private terrace-one of three outdoor living areas. The primary suite serves as a luxurious retreat with its own private terrace, and spa-like bathroom. The second and third bedrooms are spacious, while the third bedroom also features direct access to a third terrace-perfect for guests or additional quiet space. A large second bathroom and convenient upstairs laundry add to the home's thoughtful design.
Scheduled for a December 2025 move-in, enjoy a $10,000 builder incentive with use of our preferred lender and title company. Don't miss your chance to own one of the last 3 Napas to be built in the community!
Ideally located near I-70, I-270, and Rt. 15, this vibrant community is just minutes from Frederick's best shopping, dining, and outdoor recreation.
This is more than a condo-it's an exceptional lifestyle. Don't miss your opportunity to own this one-of-a-kind luxury residence.
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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 |
|---|---|---|---|
| Dec 31, 2025 | Sold | ||
| Sold | |||
| Aug 21, 2025 | In contract | - | |
| In contract | |||
| Aug 4, 2025 | Listed by Long & Foster Real Estate, Inc. | $527,503 | |
| Listed by Long & Foster Real Estate, Inc. | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/04/2025
| |
3 Bed
|
2 Bath
|
2527 ft²
|
$527,503
3 Bed
2 Bath
2527 ft²
|
$527,503
12/31/2025
|
Melissa Lambert
Long & Foster Real Estate, Inc.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017