2148 Mcdowell Dr
About This Property
Seller Financing Available
Fully remodeled modern-rustic home on 5 private acres with panoramic mountain views. This motivated seller is ready to deal!
INSIDE: Open-concept living with brand-new kitchen featuring stainless appliances, sleek cabinets, and tons of counter space. Upper-level primary suite with spa bath and soaking tub. Main-level bedroom and full bath for easy living. Finished basement adds flex room for guests, office, or gym.
OUTSIDE: Large heated/powered shop building (30x40) perfect for workshop, vehicle storage, or all your toys. Additional barn/shed with room for horses. Plenty of space for ATVs, trailers, and outdoor recreation.
THE LIFESTYLE: 5 private acres, incredible stargazing, epic mountain views, and true country living with modern upgrades throughout. Turnkey and move-in ready.
THE DEAL: Originally $550K, now $480K - priced well below market value. 1,944 sq ft of finished space. Low taxes ($1,546/year). Seller motivated and offering financing options.
Perfect for full-time living or your mountain getaway. Don't miss this opportunity!
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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 |
|---|---|---|---|
| Oct 14, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Oct 9, 2026 | Price Decreased |
$389,900
↓ $44K
(10.1%) | |
| Price Decreased | |||
| Jul 17, 2026 | Price Decreased |
$433,900
↓ $10K
(2.3%) | |
| Price Decreased | |||
| Jul 4, 2026 | Price Decreased |
$443,900
↓ $15K
(3.3%) | |
| Price Decreased | |||
| Jun 20, 2026 | Price Decreased |
$458,900
↓ $20K
(4.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017