106 LODGE CIRCLE
About This Property
The main living area is anchored by vaulted wood ceilings with exposed beams, a floor-to-ceiling stone fireplace, and a wall of glass that fills the home with natural light. The open kitchen and dining area provide plenty of space for gathering, with ample counter space and an easy flow to the deck overlooking the trees.
The main level includes a spacious primary suite with vaulted wood ceilings, a private bath, and generous closet space, along with two additional bedrooms and a full bath featuring a jetted soaking tub. The lower level offers a comfortable family room and a large fourth bedroom with convenient access to a third full bath, creating an ideal space for guests or extended family.
Outside, a walking path leads to a private fire pit tucked into the woods, while the detached two-car garage provides room for vehicles, outdoor equipment, and lake gear.
Recent improvements include a new furnace, mini-split air conditioning, expanded septic system with doubled capacity, new garage roof, new garage doors, new ingress/egress windows and fresh interior paint.,
Sky Valley is known for its exceptional private lakefront, offering over 3,000 feet of shoreline with swimming areas, floating platforms, picnic pavilions, a fishing pond, playground, basketball court, and private boat launch. Thousand Acres Golf Club is less than ten minutes away, and Deep Creek Lake's restaurants, marinas, Wisp Resort, and state parks are all within easy reach.
With four bedrooms, three full baths, multiple gathering spaces, this home is equally well suited as a full-time residence, weekend retreat, or investment property.
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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 |
|---|---|---|---|
| Sep 4, 2026 | Price Decreased |
$839,900
↓ $20K
(2.3%) | |
| Price Decreased | |||
| Jul 29, 2026 | Listed by Railey Realty, Inc. | $859,900 | |
| Listed by Railey Realty, Inc. | |||
| Jan 25, 2023 | Sold | ||
| Sold | |||
| Nov 23, 2022 | Listed by Railey Realty, Inc. | $769,000 | |
| Listed by Railey Realty, Inc. | |||
| Oct 19, 2004 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017