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161 Sharp Mountain Parkway
About This Property
Nestled within a private, gated community spanning over 1,600 acres, this property combines natural beauty with convenience and accessibility. The Preserve at Sharp Mountain features approximately 12 miles of well-maintained private roads, along with 9 unique parks and scenic hiking trails-ideal for enjoying the peaceful surroundings and abundant wildlife.
Whether you're looking for a full-time residence or a weekend escape, this community offers the perfect balance of privacy and outdoor lifestyle. Located just minutes from downtown Jasper, you'll enjoy easy access to local restaurants, hospitals, wineries, and grocery stores while still feeling worlds away in your own mountain haven.
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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 14, 2026 | Price Decreased |
$65,000
↓ $3K
(4.3%) | |
| Price Decreased | |||
| Jul 17, 2026 | Price Decreased |
$67,900
↓ $2K
(2.9%) | |
| Price Decreased | |||
| May 28, 2026 | Price Decreased |
$69,900
↓ $10K
(12.5%) | |
| Price Decreased | |||
| Apr 17, 2026 | Listed by Craft, Inc. | $79,900 | |
| Listed by Craft, Inc. | |||
| Nov 30, 2025 | Price Decreased |
$69,000
↓ $3K
(4.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017