This spacious 4-bedroom, 4-bathroom mountain home is located in
beautiful Ridgeview Valley, an exclusive Garrett County community
where natural beauty, privacy, and convenience come together.
Surrounded by unspoiled wilderness, expansive homesites, and open
space, Ridgeview Valley offers a quiet sense of seclusion while
keeping Wisp Resort, Deep Creek Lake, skiing, golf, and year-round
recreation just minutes away. Designed to capture the surrounding
mountain scenery, the home features expansive windows that frame
breathtaking views and bring the outdoors in. The main level offers
an open-concept layout with a spacious living room, gas fireplace,
dining area, locally built custom kitchen cabinetry, a primary
suite, mudroom, and powder room. The lower level includes
additional bedrooms, a second primary suite, and a household room
with direct access to the patio-perfect for guests and
entertaining. The upper level features an additional bedroom and
bath, along with a loft that provides a peaceful retreat with
elevated mountain views. Outdoor living is a highlight, with an
expansive partially covered deck, paver patio, and multiple sliding
glass doors creating easy indoor-outdoor flow. Energy-efficient and
low-maintenance, this home is ideal as a primary residence,
vacation getaway, or income-producing rental. Built by Gosnell
Builders, Deep Creek Lake's premier luxury home builder for over 40
years.
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.
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