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246 MOUNTAINTOP ROAD
About This Property
Enjoy three levels of comfortable living, including a stunning Great Room with cathedral ceilings, a stone fireplace, and beautiful natural surroundings. The well-equipped kitchen features two refrigerators and a breakfast bar, while the main-level primary suite offers a private retreat.
Outdoor living is just as inviting, with expansive decks, a hot tub, firepit, and scenic stream setting. Inside, a separate game room and theater room provide plenty of space for family fun and entertaining. The home is currently marketed as a 5-bedroom vacation rental, with the flexibility to function as a 7-bedroom home for personal use.
Guests also enjoy the community's outdoor pool, tennis courts, playground, pavilion and hiking trails. Spacious, beautifully appointed, and packed with amenities, this mountain getaway has everything you need for an unforgettable Deep Creek vacation.
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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 9, 2026 | Sold | ||
| Sold | |||
| Aug 22, 2026 | In contract | - | |
| In contract | |||
| Aug 20, 2026 | Listed by Railey Realty, Inc. | $1,275,000 | |
| Listed by Railey Realty, Inc. | |||
| Sep 23, 2022 | No longer available | - | |
| No longer available | |||
| May 20, 2022 | Price Decreased |
$1,499,000
↓ $150K
(9.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017