$1,000,000
●
House -
Off Market
3297 TURKEY NECK ROAD
SWANTON, MD 21561
4 Beds
2 Baths
1,884 Ft²
$5,976
Est. Monthly
2.18%
Cap Rate
About This Property
Classic Deep Creek Lake Cottage in Coveted Turkeyneck Location
Don't miss this rare opportunity to own a classic lakefront cottage in one of Deep Creek Lake's most desirable neighborhoods-Turkeyneck. Nestled on a 0.71-acre lot with 80 feet of gentle lakefront, this property offers eastern exposure for stunning morning sunrises and long, peaceful days by the water. Key Features: Type A Dock Permit (pending DNR application) – Perfect for boating, swimming, and all your lakefront fun. 4 Bedrooms / 2 Bathrooms – Comfortable and functional layout. Recently installed 3-Bedroom BAT Septic System. Paved Driveway – Easy access all year round. Buydown Included – Expanded lakefront enjoyment. Whether you're dreaming of renovating the existing cottage or building a custom lakefront retreat, this property offers unmatched location, potential, and value. Schedule your private tour today-this Deep Creek gem won't last!
Don't miss this rare opportunity to own a classic lakefront cottage in one of Deep Creek Lake's most desirable neighborhoods-Turkeyneck. Nestled on a 0.71-acre lot with 80 feet of gentle lakefront, this property offers eastern exposure for stunning morning sunrises and long, peaceful days by the water. Key Features: Type A Dock Permit (pending DNR application) – Perfect for boating, swimming, and all your lakefront fun. 4 Bedrooms / 2 Bathrooms – Comfortable and functional layout. Recently installed 3-Bedroom BAT Septic System. Paved Driveway – Easy access all year round. Buydown Included – Expanded lakefront enjoyment. Whether you're dreaming of renovating the existing cottage or building a custom lakefront retreat, this property offers unmatched location, potential, and value. Schedule your private tour today-this Deep Creek gem won't last!
Unit Size
1,884 Ft²
Days on Market
-
Land Size
0.55 acres
Price per sqft
$584
Property Type
House
Property Taxes
$575
HOA Dues
-
Year Built
1960
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100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (Bright MLS #MDGA2009990)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 26, 2025 | Sold | ||
| Sold | |||
| Aug 15, 2025 | In contract | - | |
| In contract | |||
| Jul 21, 2025 | Listed by Railey Realty, Inc. | $1,100,000 | |
| Listed by Railey Realty, Inc. | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Garrett
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Listed by: Nick Fratz-Orr
Railey Realty, Inc.
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# MDGA2009990
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Railey Realty, Inc.
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# MDGA2009990
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