$42,500
●
Land -
Off Market
OVERBROOK CIRCLE
FREDERICK, MD
Studio
0 Bath
$478
Est. Monthly
About This Property
Prime Half-Acre Lot in Sought-After Overbrook – Frederick, MD
Welcome to Overbrook Circle, where your dream home begins! This rare 0.5-acre residential lot offers a fantastic opportunity to build in one of Frederick's most desirable and established neighborhoods. Nestled on a quiet, tree-lined street, this spacious parcel provides a peaceful setting with mature surroundings, while still being just minutes from the vibrant downtown Frederick scene, shopping, dining, and commuter routes.
No HOA restrictions, you'll have the freedom to design and build a custom home tailored to your vision. Whether you're a homeowner or builder, this is a unique chance to own land in a prime location with excellent potential.
Don't miss out-lots of this size and location are hard to come by. Come explore the possibilities today!
BUYERS AND AGRENTS TO DUE OWN DUE DILIGENCE
Welcome to Overbrook Circle, where your dream home begins! This rare 0.5-acre residential lot offers a fantastic opportunity to build in one of Frederick's most desirable and established neighborhoods. Nestled on a quiet, tree-lined street, this spacious parcel provides a peaceful setting with mature surroundings, while still being just minutes from the vibrant downtown Frederick scene, shopping, dining, and commuter routes.
No HOA restrictions, you'll have the freedom to design and build a custom home tailored to your vision. Whether you're a homeowner or builder, this is a unique chance to own land in a prime location with excellent potential.
Don't miss out-lots of this size and location are hard to come by. Come explore the possibilities today!
BUYERS AND AGRENTS TO DUE OWN DUE DILIGENCE
Unit Size
-
Days on Market
353 days
Land Size
0.57 acres
Price per sqft
-
Property Type
Land
Property Taxes
$84
HOA Dues
-
Year Built
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 5 months ago (Bright MLS #MDFR2064996)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 27, 2026 | Sold | ||
| Sold | |||
| Jul 30, 2025 | In contract | - | |
| In contract | |||
| Jun 18, 2025 | Relisted | $80,000 | |
| Relisted | |||
| Jun 8, 2025 | Listed by Kelley Real Estate Professionals | $80,000 | |
| Listed by Kelley Real Estate Professionals | |||
Property Highlights
Exterior Details
Lot Size Area: 24829
Lot Size Units: Square Feet
Lot Size Acres: 0.57
Lot Size Square Feet: 24829
Tax Lot: 4
Water Source: Well Required
Financial Details
Tax Annual Amount: $1,013
Utilities Details
Sewer : No Septic System
Comparables
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Type
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| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
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Listed by: Jerred Gray
Kelley Real Estate Professionals
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# MDFR2064996
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Kelley Real Estate Professionals
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# MDFR2064996
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