148 FOREST ROAD
About This Property
The open-concept living area features comfortable furnishings, a leather sleeper sofa, Smart TV, and a fully equipped kitchen. The private bedroom and beautifully finished full bath with a tiled walk-in shower provide a relaxing retreat. Modern conveniences include a tankless water heater, washer and dryer, mini-split HVAC, and all furniture conveys with the sale for a true turnkey opportunity.
Relax on the 6' x 26' covered porch overlooking the wooded surroundings and winter mountain views, enjoy seasonal shade from mature hardwoods, and unwind around the outdoor fire pit under the stars. A durable standing seam metal roof adds lasting value and low-maintenance peace of mind.
Conveniently located near the Shenandoah River, with easy access to tubing, rafting, kayaking, fishing, and public boat launches. Nearby attractions include Luray Caverns, Skyline Drive, Kennedy Peak, wineries, breweries, hiking trails, and downtown Luray shops and restaurants.
A proven investment opportunity with a stellar Airbnb rental history and consistent guest appeal, this turnkey cabin is ideal as a short-term rental, income-producing property, or private mountain getaway. Combining quality construction, modern amenities, and an exceptional Shenandoah Valley location, this retreat is ready to enjoy from day one.
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Sep 2, 2026 | Sold | ||
| Sold | |||
| Aug 6, 2026 | In contract | - | |
| In contract | |||
| Jul 30, 2026 | Listed by Keller Williams Realty | $299,900 | |
| Listed by Keller Williams Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017