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1628 Skyland Drive
About This Property
The interior has been freshly painted, creating a light, refreshed feel throughout while maintaining its mountain charm. The exterior has also been freshly painted, enhancing curb appeal and protecting the home for years to come.
The main level features vaulted ceilings, abundant natural light, and a cozy fireplace, a gathering spot after a day of skiing, hiking, or exploring the High Country. The kitchen flows easily into the living and dining areas, offering a functional layout for entertaining family and guests. The lower level provides additional living space, flex areas, and guest accommodations, offering versatility for primary or second-home living.
Originally built in 1965, the home retains its classic chalet style while benefiting from recent improvements that allow the next owner to move in and enjoy immediately, with the option to further personalize over time.
Conveniently located near Hawksnest, Otter Falls, Grandfather Mountain, Boone, and Banner Elk, Seven Devils offers year-round recreation and mountain serenity.
An exceptional opportunity in one of the High Country's most sought-after communities.
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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 28, 2026 | Price Decreased |
$599,000
↓ $51K
(7.9%) | |
| Price Decreased | |||
| Jun 12, 2026 | Price Decreased |
$650,000
↓ $25K
(3.7%) | |
| Price Decreased | |||
| Apr 8, 2026 | Price Decreased |
$675,000
↓ $25K
(3.6%) | |
| Price Decreased | |||
| Feb 20, 2026 | Listed by Helen Adams Realty | $700,000 | |
| Listed by Helen Adams Realty | |||
| Sep 24, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017