2420 Misty Shadows Drive
About This Property
Designed for both relaxation and entertainment, the cabin features expansive covered decks on every level, a hot tub, outdoor fire pit, gas grill, and a cozy fireplace--all positioned to take in the incredible mountain views. Inside, you'll find three private bedroom suites and three full bathrooms, comfortably accommodating up to 12 guests. The spacious game room adds even more appeal for vacation renters, while the lower-level owner's suite includes a whirlpool tub and an oversized walk-in shower for a true spa-like experience. Active STR permit is already in place.
Whether you're looking for a high-performing short-term rental, a second home, or a private mountain retreat, this property offers outstanding potential with additional value-add opportunities. Cabins with this combination of views, privacy, location, and amenities don't come along often.
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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 |
|---|---|---|---|
| Aug 24, 2026 | Price Decreased |
$875,000
↓ $24K
(2.7%) | |
| Price Decreased | |||
| Aug 1, 2026 | Listed by eXp Realty, LLC 7720 | $899,000 | |
| Listed by eXp Realty, LLC 7720 | |||
| Aug 17, 2023 | Sold | ||
| Sold | |||
| Jul 12, 2023 | Listed by eXp Realty | $874,900 | |
| Listed by eXp Realty | |||
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Sold Before List
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| Apr 8, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017