277 Rembrandt Drive
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 |
|---|---|---|---|
| Oct 24, 2026 | Price Decreased |
$800,000
↓ $35K
(4.2%) | |
| Price Decreased | |||
| Jul 15, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 15, 2026 | Listed by Winters Realty | $835,000 | |
| Listed by Winters Realty | |||
| May 15, 2026 | Listed by Fathom Realty NC LLC | $850,000 | |
| Listed by Fathom Realty NC LLC | |||
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Welcome to this exceptional mountain retreat in the highly sought-after Sorrento Skies. Situated on 1.59 private acres, this beautifully maintained home offers thoughtfully designed living space with seasonal mountain views and convenient access to shopping, dining, Blowing Rock, and nearby ski resorts.
The home features 3 bedrooms, 3.5 bathrooms, and a versatile floor plan ideal for both everyday living and entertaining. Expansive main living areas are complemented by a finished lower level offering a bonus room, separate living area, and a second primary suite—perfect for guests, extended family, or multi-generational living.
*$5,000 allowance with accepted offer for paint or updates.* Additional features include a 2-car attached garage, fenced backyard, radon mitigation system, and low HOA dues. Offering the perfect balance of privacy, comfort, and convenience, this property is well suited as either a full-time residence or mountain getaway in the heart of the High Country.
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| Dec 7, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017