261 Whiskey Jay Hill Rd
About This Property
Designed for ultimate interior privacy, the four bedrooms are thoughtfully spread throughout the home, including an upper level primary suite with world class views. Two of the spacious secondary bedrooms enjoy en-suite bathrooms! Nearly every room in this home features jaw dropping views! The walkout basement is an entertainer's dream, featuring a game room, a dedicated bunk room, and a custom built kid's hideout, with direct access to the gardener's dream greenhouse! Outside, the property is a wildlife lover's paradise where elk, deer, and turkey roam among towering evergreens. Enjoy an abundance of bird species, great for bird watching. Exceptional amenities include an 8 person hot tub, a brand new concrete tile roof with owned solar panels, new boiler system, and ample storage between the 2.5 car attached garage and an additional 1 car detached garage. This house rents regularly on Airbnb when vacant at $1000/ night with amazing reviews! Located just 10 minutes up Upper Bear Creek from the Evergreen Golf Course and Lake, this home offers a rare combination of secluded mountain living with the convenience of all Evergreen has to offer.
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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 |
|---|---|---|---|
| Oct 17, 2026 | In contract | - | |
| In contract | |||
| Jun 15, 2026 | Relisted | $1,500,000 | |
| Relisted | |||
| Jun 10, 2026 | In contract | - | |
| In contract | |||
| Jun 3, 2026 | Price Decreased |
$1,995,000
↓ $205K
(9.3%) | |
| Price Decreased | |||
| Apr 24, 2026 | Listed | $2,200,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017