4160 High Ridge Way
About This Property
This four-bedroom cabin is situated on a private lot overlooking Wears Valley, offering expansive views of the surrounding mountains. The property is designed for ease of access, featuring a paved, level parking area suitable for multiple vehicles. Inside, the open-concept living space includes high ceilings and large windows that frame the valley. The home is being sold fully furnished and includes four bedrooms with dedicated bathrooms. Notable amenities include an indoor sauna and a separate pool house for year-round use. Outside, multi-level wrap-around decks provide significant outdoor living space in a quiet, secluded setting.
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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 |
|---|---|---|---|
| Aug 12, 2026 | Price Decreased |
$1,179,000
↓ $10K
(0.8%) | |
| Price Decreased | |||
| Jun 27, 2026 | Price Decreased |
$1,189,000
↓ $10K
(0.8%) | |
| Price Decreased | |||
| May 8, 2026 | Price Increased |
$1,199,000
↑ $80K
(7.2%) | |
| Price Increased | |||
| May 5, 2026 | Listed by Local Realty Group | $1,119,000 | |
| Listed by Local Realty Group | |||
| Sep 17, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017