If being on TOP OF THE MOUNTAIN matters, then make plans now to see
this secure, gated, mountain top home adorned with laurel handrails
and bark siding. Located in the City of Sky Valley at an elevation
of over 3600 feet, and the most spectacular view. With 4 bedrooms
and 3.5 bathrooms, this home offers sleeping arrangements designed
to accommodate the whole family. Oversized decks on two levels put
you front and center to multi-range, expansive mountain views that
everyone wants in their mountain dream home. The newly added
covered screened entertainment deck with a 7-person hot tub and TV
is a guaranteed crowd pleaser. The main level is easily accessible
from the garage, which eliminates multiple steps normally found in
homes at this elevation. Inside, the great room boasts a cabin
feel, complete with vaulted tongue-and-groove ceilings and a stone
fireplace featuring gas logs. An exceptional master en-suite on one
end of the home, along with a nice guest ensuite on the other end.
The half bath is open to the great room with galley galley-style
kitchen and adjoining dining area, set on the main level floor
plan. The expansive lower level offers an entertainment area
equipped with a custom pool table, media and game area, along with
2 BR and 1 BA, and a bunk closet for full use of sleeping areas.
The laundry is on the lower level as well. The steel frame
construction makes this a sound-built home. Also newly added 25K
whole home generator so you are never in the dark if bad weather
comes. Home is being sold fully furnished with higher-end
furnishings, with only a few exceptions of artwork, deer heads, and
turkey feathers. Sky Valley Resort, along with an 18-hole golf
course, tennis and pickleball courts, fitness center, playground,
and park, makes this a truly desirable mountain vacation or
full-time home. Joining the SV Golf Club is not mandatory.
With so much to offer, this is a must-see home. Only 30
minutes to Highlands, NC, and 20 minutes to Clayton, GA
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.
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