185 CHERRY HEIGHTS LANE
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Apr 29, 2025 | Sold | ||
| Sold | |||
| Mar 19, 2025 | In contract | - | |
| In contract | |||
| Mar 14, 2025 | Listed | $795,000 | |
| Listed | |||
| | |||
|
BIG VIEWS of Deep Creek Lake! This picturesque 3-bedroom, 2-bath Craftsman-style home offers breathtaking, expansive lake views from every level. Designed with an open-concept layout, the main living space is bright and inviting, featuring high-end finishes throughout — from gleaming hardwood floors to custom cabinetry and stunning countertops. The main level back deck runs the length of the home and offers ample space to enjoy the outdoors while remaining nearly maintenance free with composite decking. The upper level, spacious primary suite boasts additional views, a walk in closet and a spa-like ensuite bath. An attached 2-car garage provides convenience, with an oversized laundry and mudroom area creating a seamless transition from the main level of the house. One of the most unique features is the unfinished walkout-level basement which presents over 1300 square feet of endless possibilities! The space easily accommodates 2 additional bedrooms, a full bath, and a living area. Whether you're savoring sunsets from the deck or envisioning your dream lower level, this home combines timeless craftsmanship with modern luxury — a perfect lake area retreat!
| |||
| Apr 23, 2010 | Sold | ||
| Sold | |||
| Aug 4, 2000 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017