1385 MOUNTAINVIEW DRIVE
About This 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 |
|---|---|---|---|
| Apr 30, 2025 | Sold | ||
| Sold | |||
| Mar 20, 2025 | In contract | - | |
| In contract | |||
| Feb 21, 2025 | Listed | $639,000 | |
| Listed | |||
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Nestled in a serene wooded neighborhood, this stunning water-access chalet offers the perfect blend of rustic charm and modern comfort. Spanning three levels and over 2600 sq ft of finished space, the home boasts an inviting open-concept living space with a striking stone fireplace, perfect for cozy evenings. The main floor features a well-appointed kitchen, a spacious dining area, and large windows that flood the space with natural light. With three comfortable bedrooms, including a private primary suite, there's plenty of room for family and guests. The lower level could easily function and/or be converted to a 4th bedroom. Step outside to enjoy the gorgeous outdoor area, ideal for relaxing or entertaining, surrounded by nature’s beauty. As part of this welcoming community, residents have access to fantastic amenities, including tennis courts, a clubhouse, and a water access area perfect for swimming, fishing, and kayaking. Whether you're seeking a peaceful retreat or an active lifestyle, this chalet provides the perfect balance of privacy and recreation, all while being just minutes to Deep Creek Lake, Wisp Resort, and all area amenities!
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| Jan 27, 2025 | Price Decreased |
$659,000
↓ $36K
(5.2%) | |
| Price Decreased | |||
| Sep 17, 2024 | Price Decreased |
$695,000
↓ $20K
(2.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017