380 Ledford Drive
About This Property
Escape to your own slice of the mountains with this beautifully updated retreat, perfectly blending rustic character with modern comforts. Step inside to find a stylishly refreshed interior, brand-new roof, and fresh paint throughout. The open layout highlights a cozy wood-burning fireplace and dramatic floor-to-ceiling windows that fill the home with natural light and stunning views. Outdoors, a sprawling covered porch invites you to relax, entertain, or simply breathe in the crisp mountain air year-round.
Tucked away on 7.35± unrestricted acres, this property offers the ultimate in peace and privacy with plenty of room to explore. Want more? Additional acreage and a charming cottage are available-expand into nearly 38 acres of mountain sanctuary. Truly a rare opportunity to create your dream estate. Additional property is 164 Ledford Drive, also listed, as well as other parcels surrounding this property.
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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 22, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Nov 18, 2025 | Price Decreased |
$749,000
↓ $26K
(3.4%) | |
| Price Decreased | |||
| Sep 29, 2025 | Listed by Vignette Realty | $775,000 | |
| Listed by Vignette Realty | |||
| Apr 3, 2024 | No longer available | - | |
| No longer available | |||
| Feb 9, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017