3135 TURKEY NECK
About This Property
With unobstructed, year-round views of Deep Creek Lake and the surrounding mountains, the scenery is nothing short of breathtaking. The home's expansive wall of glass brings the lake to your doorstep, with nearly every room offering a front-row view of the water's edge.
The open main-level layout provides effortless living, featuring a gourmet kitchen, four stunning stone fireplaces, vaulted ceilings, and an enclosed screened porch perfect for year-round enjoyment. Each bedroom offers the privacy of an en suite bath, and every detail reflects a commitment to quality and style.
From its storybook architecture to its elevated finishes, this home is more than a lake retreat - it's a statement of elegance and connection to nature. Quite simply, one of the most exceptional properties ever offered at Deep Creek Lake.
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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 |
|---|---|---|---|
| Apr 10, 2026 | Sold | ||
| Sold | |||
| Oct 21, 2025 | Listed by Railey Realty, Inc. | $4,790,000 | |
| Listed by Railey Realty, Inc. | |||
| Sep 1, 2023 | Sold | ||
| Sold | |||
| Jul 4, 2023 | In contract | - | |
| In contract | |||
| Jul 1, 2023 | Listed by Railey Realty, Inc. | $4,189,000 | |
| Listed by Railey Realty, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017