15 SKY VALLEY ROAD
About This Property
Sky Valley is known for its exceptional private lakefront, with more than 3,000 feet of shoreline, swimming areas, floating platforms, picnic pavilions, a fishing pond, playground, basketball court, and private boat launch. Thousand Acres Golf Club is less than 10 minutes away, with Deep Creek Lake restaurants, marinas, Wisp Resort, and area state parks also within easy reach.
Whether you're looking for a weekend retreat, full-time residence, or investment property, this home provides a comfortable place to enjoy the Deep Creek area without the upkeep and expense often associated with larger homes. Come take a look and see what Sky Valley has to offer.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017