720 BOND ST
About This Property
Looking for the benefits and lifestyle Downtown Frederick has to offer; but, aren't up to the remodeling, maintenance and updates a historic home requires? Then look no further than D.R. Hortons Renn Quarter and our beautiful quick move in Alec. The Renn Quarter community is less than a mile away from the heart of downtown Frederick; is the location of the future Carroll Creek Walkway Extension and will be an amenity filled community! You will have all the conveniences and benefits of Historic Frederick, while living in a brand new, modern home! This contemporary floorplan embodies everything you want in an urban home. The exterior looks like nothing else in Frederick. The interior oozes luxury, space, and elegance! Complete with 9 foot ceilings and an open concept main level make you feel as if you are entering the Ritz. The main level is spacious, but also separate enough to give you all the entertaining spaces you need. A designated dining area; a massive bakers island, open living room and wall to wall luxury plank floors give you everything you could want in a custom home. A large spare bedroom and full bath complete the main level. Moving upstairs, an oversized Owners' Suite complete with large on-suite, oversized walk in shower, two massive closets--one so large it could be a spare bedroom; this space screams luxury and relaxation! Two oversized bedrooms, both with on suite full bathrooms and walk in closets complete the upper level, perfect for guests or littles. The lower level comes finished with a rec room, great for a kid play area or perfect watching the game!
Want to find out more? Contact us today for a showing. Immediate availability.
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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.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
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Oct 19, 2024 | Price Decreased |
$699,990
↓ $20K
(2.8%)
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Price Decreased | |||
Oct 3, 2024 | Price Decreased |
$719,990
↓ $7K
(1%)
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Price Decreased | |||
Jul 8, 2024 | Relisted | $727,346 | |
Relisted | |||
Jun 7, 2024 | In contract | - | |
In contract | |||
May 16, 2024 | Listed by DRH Realty Capital, LLC. | $727,346 | |
Listed by DRH Realty Capital, LLC. |
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Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
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