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161 Treetopper Circle
About This Property
kind of mountain retreat buyers seek for weekend escapes, seasonal living, or rental
investment potential. This distinctive octagonal home is filled with natural light thanks to
its abundance of windows, creating a constant connection to the surrounding landscape and
a true "treehouse" feeling throughout.
The open floor plan brings the living, dining, and kitchen spaces together around a wood-
burning fireplace, creating a warm and inviting setting after a day enjoying the nearby
amenities of Big Canoe. Both bedrooms are conveniently located on the main level, while
the lower level provides a dedicated laundry area and additional storage flexibility.
Outside, steps lead to an elevated deck nestled among the trees - an ideal place for
morning coffee, quiet evenings, or simply taking in the peaceful wooded setting. A level yard
adds usability rarely found in mountain properties, making the home easy to enjoy for both
owners and guests alike.
Compact, distinctive, and ideally positioned near community amenities, this property offers
a low-maintenance mountain lifestyle with strong appeal for both personal enjoyment and
vacation rental opportunities. Located amongst the trees with seasonal views of Lake Petit. Sold turn key. Open floor plan with wall of windows to enjoy sights of nature. All new windows on lower level and one new in kitchen. Great second home or rental. Buyer to verify all information and dimensions deemed important.
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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