277 CHEEKS LANE
About This Property
Inside, you'll find warm rustic charm with comfortable living spaces, a gas fireplace stove for cozy mountain evenings, and a bunk room perfect for hosting family and friends. One of the three bedrooms features its own private half bath and private deck, creating a relaxing escape after a day outdoors. Enjoy quiet mornings and unforgettable evenings from the covered front porch, surrounded by nature and mountain serenity.
Conveniently located only 10–15 minutes from Deep Creek Lake and Wisp Resort, this property offers easy access to boating, skiing, dining, and entertainment while still feeling wonderfully secluded. Priced to be an affordable vacation home in today's market, this is an incredible opportunity to own the ultimate log cabin getaway in one of Western Maryland's most sought-after outdoor destinations.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017