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161 MARSH HILL ROAD
About This Property
Situated on Marsh Hill Road, you'll enjoy easy access to skiing, snow tubing, hiking trails, restaurants, grocery stores, mini golf, and all the year-round attractions that make Deep Creek Lake such a sought-after destination. Best of all, there is no HOA, meaning no association fees and no restrictive covenants.
This property is also an outstanding investment opportunity, generating approximately $45,000 in rental income last year and $40,000 the year before. Since its purchase in 2023, the home has undergone extensive renovations and updates, resulting in a stylish, modern interior that is both inviting and turnkey ready.
Inside, you'll find a beautifully updated living space designed for comfort and entertainment, including a game room for guests and family gatherings. Outside, enjoy the outdoor grilling area after a day on the slopes or exploring the mountains.
Sold fully furnished and turnkey, this successful vacation rental is ready for immediate enjoyment or continued income production. Schedule your private showing today or contact me for additional details!
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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 16, 2026 | In contract | - | |
| In contract | |||
| Aug 2, 2026 | Price Decreased |
$449,000
↓ $10K
(2.2%) | |
| Price Decreased | |||
| Jun 22, 2026 | Price Decreased |
$459,000
↓ $6K
(1.3%) | |
| Price Decreased | |||
| Jun 3, 2026 | Listed by Taylor-Made Deep Creek Sales | $465,000 | |
| Listed by Taylor-Made Deep Creek Sales | |||
| Mar 11, 2025 | Listed | $514,700 | |
| Listed | |||
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CHARMING LAKE AREA COTTAGE LOCATED IN DEEP CREEK LAKE! Escape to this serene 3 bedroom 2 1/2 bath cottage nestled amidst towering pines. Enjoy access to Wisp Ski Resort just walking distance away to all Lake activities, This cozy retreat seamlessly blends rustic charm with modern comforts, providing an idyllic setting for relaxation & recreation. While maintaining its modern appeal, the cottage boasts a fully equipped kitchen, high-speed internet, and a smart TV to ensure a comfortable stay, the game room includes a ping-pong table for your enjoyment. This cottage is being Sold *TURN KEY*. Whether you're into kayaking, boating on Deep Creek Lake, down hill or cross country skiing, hiking the nearby trails or stargazing by the bonfire area making memorable evenings, like storytelling, roasting marshmallows or just simply basking in the warmth of the flames. There is something for everyone to enjoy at Deep Creek Lake. This Lake Cottage offers a unique location, just minutes to explore boutique shops, grocery shopping, and fine dining at DCL Restaurants. There are several State Parks with trails for hiking, biking and swimming at the sandy beach areas. Or sit and relax to take in the beauty all around you. Come experience the fresh markets from local vendors, the spectacular July 4th Fireworks, the Garrett County Fair & the Autumn Glory Festival during the year. If you are looking for an Investment Property it is currently an Airbnb, Rentals in 2024 were at $40,000. Call today for more information about this property and schedule a viewing...
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017