718 IRON FORGE ROAD UNIT A
About This Property
Experience modern elegance with classic farmhouse charm in the Juneau, one of the 6 unique condo plans offered at Gambrill Glenn and scheduled for completion at the end of 2025. This home showcases the Zion interior package, featuring quartz countertops, white shaker cabinets, matte black fixtures, and a gorgeous farmhouse apron-front kitchen sink. The kitchen is further elevated with upgraded stainless steel appliances, while luxury vinyl plank flooring extends throughout the main living areas, complemented by plush carpet in the bedrooms.
This ground-level home offers an open-concept design where the spacious living room, dining area, and kitchen flow seamlessly together. Enter through your attached 1-car garage or relax on your private patio just off the front door. Upstairs, you'll find three generous bedrooms, two full baths, and a convenient laundry room. The versatile loft space can adapt to your lifestyle, whether as a home office, playroom, or additional family room.
Nestled just minutes from I-70, I-270, and Rt. 15, this community provides easy access to shopping, dining, hiking, and all that downtown Frederick has to offer. Don't miss your opportunity to own this thoughtfully designed home-schedule your tour today!
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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
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 30, 2025 | Sold | ||
| Sold | |||
| Nov 4, 2025 | In contract | - | |
| In contract | |||
| Oct 27, 2025 | Price Decreased |
$353,480
↓ $10K
(2.8%) | |
| Price Decreased | |||
| Sep 22, 2025 | Listed by Long & Foster Real Estate, Inc. | $363,480 | |
| 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 |
|---|---|---|---|---|---|---|---|
|
09/22/2025
| |
3 Bed
|
2 Bath
|
1590 ft²
|
$363,480
3 Bed
2 Bath
1590 ft²
|
$375,780
+3.38%
12/30/2025
|
Melissa Lambert
Long & Foster Real Estate, Inc.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017