240 Lower Prince Mountain 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 |
|---|---|---|---|
| Jun 22, 2026 | Sold | ||
| Sold | |||
| Jun 15, 2026 | In contract | - | |
| In contract | |||
| May 18, 2026 | Relisted | $529,000 | |
| Relisted | |||
| May 11, 2026 | In contract | - | |
| In contract | |||
| May 5, 2026 | Listed by Ansley Real Estate | $529,000 | |
| Listed by Ansley Real Estate | |||
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Nestled in the heart of scenic Cashes Valley, this meticulously maintained 2BR/2BA dovetail log cabin offers the perfect blend of rustic charm and modern comfort. Enjoy year-round long-range mountain views and end-of-road privacy, just minutes from downtown Blue Ridge. Step inside to an inviting open-concept living area with vaulted ceilings, a cozy stone fireplace, and abundant natural light. The fully equipped kitchen features stainless steel appliances, elegant travertine countertops, and ample cabinet space. Upstairs, the spacious primary suite offers private deck access-ideal for enjoying morning coffee while taking in the breathtaking views. The full, unfinished basement offers great potential, with floor plans already drawn up for expansion. Outside, three levels of decks provide multiple vantage points to appreciate the surrounding mountains or stargaze from the hot tub (installed summer 2023). Cashes Valley just parts of the Benton MaKaye Trail for hiking, waterfalls, horseback riding ,zip lining and fishing -Perfect as a vacation home, short-term rental, or full-time residence, this cabin embodies the mountain lifestyle-combining peace, privacy, and natural beauty in one stunning package.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017