387 Wampum Ln
About This Property
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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 |
|---|---|---|---|
| May 14, 2025 | Listed by Winterwood Real Estate | $851,000 | |
| Listed by Winterwood Real Estate | |||
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Welcome to mountain luxury at its finest. This stunning Nu Dream Home combines rustic elegance with smart home convenience-all set on nearly 4 private acres with sweeping mountain views, abundant wildlife, and total peace.
Inside, you'll find vaulted tongue-and-groove ceilings, huge windows, log accents, and two cozy fireplaces (gas & electric - one in the primary bedroom) that warm the open-concept living space. The gourmet hickory kitchen features granite countertops, premium appliances, and a layout perfect for entertaining. The spa-like primary suite offers incredible sunrise views right from bed and a sense of comfort you can't replicate.
This 3-bed, 3-bath retreat is loaded with upgrades: a full walkout basement with a wet bar, second living area, bedroom and bath, plus plush, high-end furnishings that all stay-including kayaks, Starlink internet, a premium sound system, and PetSafe electric fencing with collars.
Step outside to a covered, wind-sheltered hot tub deck with a patio heater and wood-burning fireplace. Host dinner under the stars with an offset wood smoker (vented exhaust), a firepit lounge with seating, and smart LED lighting for ambiance. Philips Hue lighting (Apple/Alexa app-controlled), Google smart-home controlled speakers throughout the house, Roku TVs in all rooms, 2 Nest thermostats, outdoor cameras, and smart-controlled heat tape make managing the home a breeze.
Additional highlights: paved driveway, Trex decking, 50-gal water heater, buried 500-gal owned propane tank, new ADT security system (motion, glass break, smoke/fire alerts), furnace prepped for generator hookup, and clearly marked property corners.
Enjoy the thrill of elk, deer, pronghorn, and chipmunks passing by while watching snow blanket the pines from the warmth of your living room. Private, peaceful, luxurious-and truly turnkey.
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| Oct 26, 2021 | Sold | ||
| Sold | |||
| Jul 14, 2021 | Listed by Red Door Realty, LLC | $750,000 | |
| Listed by Red Door Realty, LLC | |||
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Gorgeous quality-built Nu Dream Home on almost 4 acres. This beautiful 3 bed/3bath ranch home is nestled in a spectacular mountain setting. Enjoy the open floor plan that connects the kitchen, dining room & living room . The Cozy master bedroom with gas fireplace and deck access also comes with a spa like bathroom with double vanity and jetted tub. Living room has a rustic charm with vaulted tongue and groove ceilings, log walls, gas fireplace and huge windows with mountain views. The gourmet kitchen will delight any cook with granite counter tops, gas oven/range and tons of natural light and beautiful hickory cabinets. The lower level offers a relaxing oasis with wet bar, family room, game room (air hockey table included), huge bedroom and walk out basement. Huge deck with spectacular views and gas grill makes for the perfect spot to relax or entertain. This homes comes turn key with all appliances and most furnishings. Electric has been run for future outbuilding.
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| Jun 6, 2021 | Listed by Red Door Realty, LLC | $750,000 | |
| Listed by Red Door Realty, LLC | |||
| May 8, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017