3623 BEAR CREEK ROAD
About This Property
Affordable country living with endless potential! If you've been searching for a solid home with great bones, your search ends here. Situated on a beautiful 2.63-acre lot surrounded by mature trees, this well-built brick ranch offers the perfect opportunity to make it your own. Inside, you'll find spacious living areas, a full basement and attic ready for storage, hobbies, or future finished space, and an attached two-car garage connected by a convenient breezeway. Recent improvements include a whole-house generator, new 200-amp electrical service, a UV water treatment system, and a professionally waterproofed basement, providing peace of mind while you update the cosmetic finishes to match your style. Enjoy the privacy and beauty of the country while remaining just minutes from Deep Creek Lake, Wisp Resort, and I-68. Opportunities to own a single-family home with acreage at this price are becoming harder and harder to find. Whether you're a first-time buyer, downsizing, or looking for an investment, this property is packed with potential. Call today for your private showing!
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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 |
|---|---|---|---|
| Jul 26, 2026 | In contract | - | |
| In contract | |||
| Jul 15, 2026 | Listed by The KW Collective | $265,000 | |
| Listed by The KW Collective | |||
| Jun 14, 2024 | Sold | ||
| Sold | |||
| May 8, 2024 | In contract | - | |
| In contract | |||
| May 5, 2024 | Listed by Taylor Made Deep Creek Vacations & Sales | $239,000 | |
| Listed by Taylor Made Deep Creek Vacations & Sales | |||
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This well-maintained brick ranch-style home is complete with an attached garage and a partially finished basement that adds to your living space. Recent updates include paint and new carpet in the bedrooms. You will appreciate the ample storage space in the basement as well as the attic along with the peace of mind offered by the whole house generator. Nestled on a picturesque 2+ acre lot on Bear Creek Road, its perfect location is within minutes from I-68 and Deep Creek Lake. The private setting is highlighted by mature trees, flowers, and a large yard. Call today to preview this gem!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017