38 HIDDEN VALLEY LANE
About This Property
Step inside to soaring cathedral ceilings and a spectacular great room anchored by a beautiful gas fireplace-perfect for cozy evenings with family and friends. The open kitchen/dining/living area has everything you need for all your family and friends. The loft above the living area adds character and flexibility, ideal as a den, office, or additional lounge space. The spacious primary bedroom and private bath is privately located upstairs, creating a peaceful retreat, while two additional bedrooms and a full bath on the main level provide comfort and convenience for family or guests.
Downstairs, a rec room offers the perfect hangout zone, game room, or hobby area, with direct access to the attached garage-great for gear, lake toys, or year-round storage. A bonus garage/storage shed keeps everything organized and out of sight.
Step outside to enjoy a beautifully level yard, ideal for lawn games, entertaining, or simply soaking in the natural beauty of Sky Valley. At night, unwind in the hot tub under a canopy of stars-your own private haven of peace and quiet.
Best of all Sky Valley offers 3000' of common lakefront that rivals the Deep Creek Lake State Park! 3 swimming platforms, multiple picnic pavilions, canoe racks, boat slips, jet ski area, trash building for the neighborhood, a pond for fishing, and for Sky Valley members, the only private boat launch on Deep Creek Lake. There is a waiting list for the dock slip. When homes sell the slip goes back to the association. Until you get your assigned slip you can launch your boat at the neighborhood boat launch. Explore the neighborhood on your golf cart or ATV! For the golfers in the group, it is only minutes to Thousand Acre Lakeside Golf Course. Find out more about this secluded lake access community in the mountains of Western Maryland on the Sky Valley Web Site.
Whether you're swimming, boating, fishing, hiking, or just unwinding, this home is the ultimate year-round escape. With its mix of rustic elegance, thoughtful layout, and unbeatable setting, this log home is truly one-of-a-kind.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 4, 2025 | Sold | ||
| Sold | |||
| Oct 3, 2025 | In contract | - | |
| In contract | |||
| Jul 21, 2025 | Price Decreased |
$639,000
↓ $26K
(3.9%) | |
| Price Decreased | |||
| Jun 17, 2025 | Price Decreased |
$664,900
↓ $20K
(2.9%) | |
| Price Decreased | |||
| Jun 15, 2025 | Relisted | $685,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017