220 Skyline Road
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 19, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Oct 7, 2025 | Listed by Weichert Realtors-High Country | $318,000 | |
| Listed by Weichert Realtors-High Country | |||
| Aug 30, 2022 | No longer available | - | |
| No longer available | |||
| Jul 23, 2022 | Price Decreased |
$315,000
↓ $10K
(3.1%) | |
| Price Decreased | |||
| Jun 8, 2022 | Listed by Ashe High Country Realty | $325,000 | |
| Listed by Ashe High Country Realty | |||
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This Classic Mountain Chalet offers both New River & Mountain Views & is located only a short drive to downtown West Jefferson, the New River, and the Blue Ridge Parkway! This rustic retreat offers hard-to-find main-level living with an open kitchen, dining, and living room with hardwood floors throughout. The great room features a stone fireplace & walk-out access to the expansive deck areas for grilling & entertaining while enjoying the scenic river & mountain views. Log beams and lots of windows add to the mountain charm. The sunroom addition is perfect for enjoying all 4 seasonal views. The large master bedroom offers walk-out access to the private deck & an oversized bathroom with a whirlpool tub & separate walk-in shower and is shared with the second bedroom on the main level. The finished lower level, currently used as an apartment features a kitchenette, living room, bonus room, 2 bedrooms, and a full bathroom. Easy year-round access off state-maintained road. The oversized garage offers storage space for outdoor equipment, workshop, etc. Septic permit not found due to age. Please ask for additional agent notes regards permitting and additional usage spaces. The manager has listed the unit size as 2246 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017